After the restructure in the group company has come up with detailed presentation.
Few interesting points.
- Most of the capex done in the last 3 years is not contributing to bottom line. some segments are in loss as the capacity utilization is low
- Company started focusing on free cash flows from last 1 years. All the capex is happening with internal accruals only.
- The company has diversified in to new segments like renewable segment, aluminum wheels etc which are in the ramp stage.
- Debt is coming down from last 2 years. In total debt of 731 Cr, long tern debt is 230+Cr. Rest of it is for working capital debt.
Disc: Invested (transactions in last 30 days)