Financial Preparedness

  • 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
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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.