S H Kelkar and Company · tone and specificity signals across the available quarters.
Language signals
We see that the market is overconcentrated with three or four players and the business opportunity is more and more with large number of smaller clients with the direct to customer online e-commerce businesses coming over or taking over or starting over in many parts of the world.
We have more than 25 patents in all these countries already with us. So that gives us a very strong base when we enter these markets. The first patents in the US for example are running out in 2030. So we have now only four or five years to capitalize on this patent cycle before they become public domain.
Insurance claim is already under processing and we expect that should get settled in next 6 to 12 months. We are expecting in and around 100 crores and we don't see a risk on that the quantum may be plus or minus but I think we are pretty positive we'll get this money within 6 to 12 months.
We have also already seen business in the US upwards of 1 million contracted. So we are on track for these markets.
We are talking about markets which are 20 to 25 times bigger than the Indian markets. So we will take time to build the capability and the market size but the growth runway is very very large.
The environment post 7th or 10th of March has completely changed. So we are very much focused on ensuring the quarter-on-quarter delivery for the next few quarters rather than the longer-term strategy.