Friday, July 20, 2012

These Indian API Companies may need an injection of Corporate Debt Restructuring


  1. It is pathetic to observer that most of them went in to debt trap post 2009. This is disgusting considering that this post lehman incident. Either the companies are fraud or bankers are fraud.

  2. With lack of corporate governance the management milked the companies for personal gain. If they fold, management does not care.

    1. I would also attribute part of the problems that API companies are facing to
      1) Large Fixed cost burden because of an R&D set up

      2) From being scale driven and focused on select few products, they are now too thinly spread on too many products, which only add to the top-line