Shivam Autotech saw 17 percent increase in sales in the month of September. In an interview to CNBC-TV18, Neeraj Munjal, MD of the company spoke about the numbers and his outlook going ahead.
Munjal expect Rs 600 crore sales in FY18.
Shivam Autotech is one of the largest manufacturers of gears and Hero Motocorp is our biggest client, said Munjal.
We have diversified into different industries and added new clients, Munjal added.
He expects 15 percent growth going ahead.
Our current debt is around Rs 250 crore, he mentioned.
Watch accompanying video for more details.
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