Engineering Excellence in Metal Forming and High-Quality CDW Tubes

Performance Trends Capex in INR Mn murugappȧ G 2,500 2,172 2,000 1,689 1520 1,500 1,358 1240 1,000 500 0 2012-13 2013-14 2014-15 2015-16 2016-17 Total Debt/Equity 1.20 1.10 1.10 1.08 1.00 0.80 0.68 0.60 0.37 0.40 0.20 0.00 2012-13 2013-14 2014-15 2015-16 2016-17 Strong Credit Rating CRISIL AA for long term and CRISIL A1+ for short term 15

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