BMWIL is adequately prepared for this increased consumption.
We intend to repay debt and right-size our Balance Sheet.
We intend to increase proprietary business volumes to 67% of our overall (57%, 2017-18)
We intend to sweat assets better – from 73% in 2017-18 to an estimated 79%.
We intend to seek a strengthening of our credit rating
We intend to negotiate lower debt cost
We intend to explore contiguous segments and widen our product basket.
We intend to monetise non-core assets and invest in our core business
We intend to engage in moderate capex to debottleneck production capacities.
We intend to strengthen our working capital efficiency.
We intend to generate projected revenues of Rs. 2000 cr by 2022
In doing so, we expect to reinforce our position as India’s most efficient steel processing company on the one hand and one of the most trusted steel product brands.