The Company listed on the Bombay Stock Exchange, is operating in the Automotive space. The company is a major supplier of sheet metal components, sub assemblies and assemblies to leading automobile companies in India. Currently the company is engaged in manufacturing various auto parts for various passenger cars, Sports Utility Vehicles (SUV’s), Commercial Vehicles, Tractors, Three Wheelers and Two Wheelers.
Role of IndiaCo
Repositioned the company as a product manufacturer rather than a vendor of components
Assisted the company in increasing the top-line and bottom-line through strategic acquisition of external businesses
Brought in a professional board directors for the company in order to support the vision of the company on a long term basis
Advised on acquisitions and implemented the assimilation
Outcome
Increased the company valuation by approximately 4 times over a period of 18 months
The company improved profitability, demonstrated significant return on capital deployed