MediumPositive
Announced Tue, 14 Jul · 09:00 IST
ETMarkets Management Talk | We want to grow 20% annually without taking on debt: Bansal Wire's Pranav Bansal
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AI summary
Bansal Wire Industries MD & CEO Pranav Bansal outlined a strategy to grow around 20% annually without adding leverage, relying instead on free cash flows and internal accruals. The company, with a market cap of over Rs 5,000 crore, grew volumes 30-35% last year and is expanding into speciality wires while adopting AI-driven manufacturing. Revenue has nearly doubled from around Rs 2,000 crore to over Rs 4,000 crore, strengthening the balance sheet.