MoneyWorks4Me

Marsons in-talks with different investors for strategic investments

21 Sep 2016 Evaluate

Marsons is looking to overcome the working capital constraints by means of a strategic investment into the organization. The company is taking this step in order to expedite the execution of orders. In this regard, the company has reported the initiation of discussions with different strategic investors whose values and objectives are aligned to their own.

Over the past six months, the company’s sales team has led a dedicated marketing effort to book profitable orders in niche markets and as of today the Kolkata based industry stalwart has an order book in excess of Rs 175.00 crore, which as peg the company’s claims, largely comprises of highly profitable orders. The company seems to be on track to generate nearly Rs 35 crore million in gross profits.

Marsons is one of the oldest and most reputed manufacturers of transformers in India with an infrastructure to supply transformers up to 160 MVA/220 kV class. Having supplied over 200,000 power transformers over the last six decades, Marsons is the largest transformer manufacturer in Eastern and North Eastern India.


Peers
Company Name CMP
Waaree Energies 2601.30
Apar Industries 17197.00
Havells India 1097.85
Suzlon Energy 43.80
Siemens 3842.35
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