Strength  
  • Promoters having 13 years of experience in the same line of business.

  • Well-defined organization structure supported by qualified and experienced second-tier management that has decision-making powers.

  • A track record of 13 years indicates the company's ability to survive business cycles.

  • Strength of the business model reflected in Compound Annual Growth Rate (CAGR) of 96.46 percent in revenues over the past three years.

  • Relationship with suppliers resulting in stable supply of raw materials.

  • Adequate profitability reflected in Operating Profit Before Depreciation, Interest and Text (OPBDIT) margin of 9.67 percent and Profit After Tax (PAT) margin of 3.32 percent during 2009-10 (refers to financial year, April 1 to March 31).

  • Good working capital management as reflected in recievables at 6 days and payables at 93 days.

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