Kunal
- I am talking about the more important number here, operating cash flow here and not net profit. The number ranges from 45cr. to 55cr in the last 4 years
- Yes you are right about the acquisition part. But lets take the sales numbers before acquisition. 111cr in 2005 to 291cr in 2011. This equates to a cagr of 15% over 7 years, which is a reasonable rate of growth right?
- I personally think the acquisition was not a sensible one back in time. Yes they did dilute and did increase debt. But you can also see some advantages. Distribution and branding opportunities to name a couple.
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Just look at the balance sheet post acquisition. Debt, working capital and cash positions have improved in the last 4 years.
btw just got an update that they have launched a new website: www.oblcorp.com.
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