¨We have kept our fundamentals intact and adopted a well balanced financial model.¨
- Anjanee Kumar Lakhotia, Chairman & Managing Director, MBL Infrastructures Ltd
Incorporated in 1995, MBL Infrastructures Ltd executes civil engineering projects and provides integrated EPC services for civil construction and infrastructure projects. In recent years, the company has executed projects in 14 Indian states, including the successful completion of the 114-km Seoni-Balaghat-Gondia State Highway in Madhya Pradesh, operational since February 2008. The mantra, ´Slow and steady wins the race´, has indeed served MBL well. Key strategies include being selective in the bidding process in selection of clientele and being particular about the financial model, including debt-equity ratio, proper distribution of long-term funds into investment in plant and machineries, investment in BOT projects and net margin for working capital.
¨We have successfully sailed through the most challenging times seen by the construction industry by keeping our fundamentals intact, by going slow and steady, and by adopting a well-balanced financial model,¨ affirms Anjanee Kumar Lakhotia, Chairman & Managing Director, MBL Infrastructures Ltd. ¨By adopting and implementing our core strategies, we shall encash the opportunities available in times to come.¨ He adds that refraining from aggressive bidding proved to be another wise decision for the company, which takes pride in the fact that it did not compromise with the quality of its order book.