Asahi India Glass Analysis
Asahi India Glass Analysis
Asahi India Glass Analysis
1991- Liberalization
Pole position
->Why do they have so much debt? Where did they used the debt?
Other CAPEX (to look at loan, look at the balance sheet exhibit 2)
->Without the benefit of hindsight, what is your view on their expansion decisions till around
2007/08?
->What spoiled their plans -> GFC (great financial crisis) 2008
1.9 2.5 3.4 4.3 4.7 8.0 7.2 7.0 8.5 13.3
Internal Funding
Debt
Equity