Hindustan National Glass & Industries Ltd - HNGIL
Hindustan National Glass & Industries Ltd - HNGIL
Hindustan National Glass & Industries Ltd - HNGIL
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Key Success Factors<br />
� Size and Strength of the Balance Sheet:<br />
◊ Provides flexibility and power to negotiate with<br />
suppliers and customers<br />
◊ Enables the Company to build capacity and<br />
pursue expansion plans<br />
� Cost management and optimal utilization of<br />
resources (manufacturing assets)<br />
◊ Ability to manage costs and suitably placed to<br />
pass increases (if any) to the customer<br />
◊ Ability to sweat the assets to the maximum<br />
extent for delivering better operational results<br />
� Strong technological capabilities<br />
◊ Ability to innovate and provide customers with<br />
optimized product, ensuring sustainable<br />
competitive advantage in the market<br />
� Well diversified spread across verticals and<br />
segments<br />
◊ Presence across entire primary end user<br />
industries and customer segments<br />
46<br />
HNG’s Status<br />
◊ Market share of ~ 55%<br />
◊ Low debt/equity of 0.35x<br />
◊ Strong credit rating of AA+ (Long term)<br />
◊ Diversified supplier base<br />
◊ Strong focus on margin improvement<br />
◊ Backward integration to reduce costs<br />
◊ Optimum utilization of furnace capacities<br />
◊ Introduction of NNPB technology<br />
◊ Technology tie up with global majors<br />
including JV with OMCO, Belgium<br />
◊ Presence across key user industries –<br />
liquor, beer, pharmaceuticals and food<br />
◊ Planning entry into Perfumery segment