Wheels India Rights – Free money for minorities?

After the restructure in the group company has come up with detailed presentation.

Few interesting points.

1. Most of the capex done in the last 3 years is not contributing to bottom line. some segments are in loss as the capacity utilization is low
2. Company started focusing on free cash flows from last 1 years. All the capex is happening with internal accruals only.
3. The company has diversified in to new segments like renewable segment, aluminum wheels etc which are in the ramp stage.
4. Debt is coming down from last 2 years. In total debt of 731 Cr, long tern debt is 230+Cr. Rest of it is for working capital debt.

Disc: Invested (transactions in last 30 days)