Top Challengers 2013-14 - MBL Infrastructures Ltd

01 Jul 2014 CW Staff

"We kept our fundamentals intact with a well-balanced financial model." - Anjanee Kumar Lakhotia, Chairman & Managing Director, MBL Infrastructures Ltd.

Although MBL Infrastructures witnessed some erosion in its bottomline in FY13 compared to FY12, its FY14 performance has been robust. Anjanee Kumar Lakhotia, Chairman & Managing Director, MBL Infrastructures Ltd, attributes this to innovation in every sphere of work culture. "This helped us bid, win and execute some of the best projects across India," he says. "Our strategy is to go slow and steady when others are racing against each other, and to go fast when they take respite."

Besides, MBL has been very selective in the bidding process for selection of its clientele and particular about its financial model. According to Lakhotia, "We went slow in 2012-13; and, since then, we received good quality orders and executed them, which enabled us to grow the topline and bottomline during this challenging year."

Keeping the company safe in FY14 was its business model that included the right debt-equity ratio, proper distribution of long-term funds into investment in plant and machinery, investment in BOT projects and net margin for working capital. "We did not compromise with the quality of our orderbook and kept our fundamentals intact," affirms Lakhotia.