Vol. XXIV No. 1 April - June, 2018

Opinion

Quaterly Newsletter of LNJ
Bhilwara Group

Editorial Team

Editor-in-Chief: Sudhir Sood

Copy Editor: U. Padma Latha

Editorial Board:

  • S.C. Garg
  • O. P. Ajmera
  • Raju Rustogi
  • Rakesh Mahajan
  • Sanjay Sharma
  • Mohit Maheshwari
  • Jyoti Gupta

 

 

 

Contact Detail

Bhilwara Towers, A-12, Sector-1,
Noida-201301, (INDIA)

Tel.:+91-120-4390300

Email : padma.latha@lnjbhilwara.com

Website : www.lnjbhilwara.com

 

© 2018 LNJ Bhilwara Group. All Right Reserved.

Message from Chairman

Dear Colleagues

Welcome to the new financial year. This being the first issue of the newsletter this year, I would like to share some of my thoughts about stellar performance by HEG Ltd. and the ongoing concerns at the global level.

At Present

HEG Ltd is one of India’s leading graphite electrode manufacturer. The growth and progress has given the company a huge push towards maintaining quality standards and delivering as per expectations. HEG’s average fund-based working capital limit utilisation was about 65% for the 12 months ending March 2018. It is estimated that HEG will generate strong free cash flow over FY18-FY19 to continue supporting the liquidity.

Letter from Editor-in-Chief

Welcome everyone! A new financial year is always a fresh start for LNJ Bhilwara family. We overcame trials and tribulations last year with a positive outlook and made strides professionally and I am sure in many cases personally too. This year presents another opportunity to tighten your seatbelts and brace for a challenging but a year full of learning.

Some of the key challenges as a company that I feel would be –  lingering impact of demonetization; GST implementation and its transitional difficulties; uncertainty about GST rates; exports might remain under pressure due to stronger INR; increase in power tariff by DISCOM and increase in raw material prices.

The performance by HEG Ltd has given the company a huge push towards maintaining quality standards and delivering as per expectations. It is a matter of great pride for LNJ Bhilwara group to see the growth shown by the company.

Editorial Team

Editor-in-Chief: Sudhir Sood

Copy Editor: U. Padma Latha

Editorial Board:

  • S.C. Garg
  • O. P. Ajmera
  • Raju Rustogi
  • Rakesh Mahajan
  • Sanjay Sharma
  • Mohit Maheshwari
  • Jyoti Gupta

 

 

 

Contact Detail

Bhilwara Towers, A-12, Sector-1,
Noida-201301, (INDIA)

Tel.:+91-120-4390300

Email : padma.latha@lnjbhilwara.com

Website : www.lnjbhilwara.com

 

© 2018 LNJ Bhilwara Group. All Right Reserved.
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