Rosmerta Technologies has announced a plan to scale revenue to ₹3,000 crore by FY30, supported by a ₹300 crore investment. The firm is diversifying into vehicle testing and scrappage, moving beyond its core high-security registration plate business. Investors should note that Rosmerta Technologies is an unlisted entity, while its subsidiary, Rosmerta Digital Services, is listed on the BSE SME platform.
Rosmerta Technologies, a prominent player in the Indian high-security registration plate (HSRP) market, has set an ambitious target to reach ₹3,000 crore in revenue by fiscal year 2030. To support this growth, the company plans to invest approximately ₹300 crore in its operations. This capital will be used to scale manufacturing, upgrade technology infrastructure, and expand into new service areas, including automated vehicle testing and digital compliance platforms.
The company is looking to grow its revenue to ₹1,600 crore by FY27, up from an estimated ₹1,200 crore in FY26. This trajectory reflects a push to diversify its business model. While HSRP manufacturing remains the core revenue driver, Rosmerta is expanding into automated driver and vehicle testing stations, as well as vehicle scrappage services. These new segments are expected to reduce the company's reliance on a single revenue stream and create a presence across the entire vehicle lifecycle, from registration to final disposal.
As part of its expansion into the broader automotive services space, the company has secured projects for automated testing tracks in Maharashtra. It is also building a scrappage business in partnership with manufacturers like Ashok Leyland, which helps connect commercial vehicle owners with authorized scrapping facilities. These projects represent a shift from purely supplying plates to providing technology-led compliance services.
For investors, it is important to distinguish between the entities involved. Rosmerta Technologies Limited (RTL), which is the unlisted parent company driving this expansion plan, is the main business entity. However, its subsidiary, Rosmerta Digital Services Limited, is a separate listed company on the BSE SME platform. Investors tracking the automotive technology sector should carefully note this structure, as the growth targets and investment plans shared by the parent company do not directly represent the financial or operational scale of the listed subsidiary.
The business faces several risks that investors generally monitor. The company’s revenue is heavily dependent on government mandates for vehicle registration and compliance. Any change in these regulations could directly affect demand for HSRPs. Additionally, the new business lines, such as vehicle testing and scrappage, involve significant project-based work, which carries execution risks such as delays in setting up infrastructure or variations in project timelines. The automotive technology market is also highly competitive, requiring the company to maintain a steady technological edge to retain its market position.
Moving forward, the primary monitorables for stakeholders will be the company’s ability to meet its FY27 revenue milestone of ₹1,600 crore, the progress of its automated testing projects, and its success in scaling its scrappage partnerships.