Practus’ working capital improvement services assisted the Beverage Company in reducing factory insurance premium by $80,000 per annum.

ClientROIIndustryOwnershipManagementNo. of EmployeesSizeProject Duration
The Beverage Manufacturer6XConsumer GoodsFamily ManagedProfessional~2000$45 million18 months

About The Company

AlcoBev is a Family Managed Beverage Manufacturer, holding more than ten brands and having more than 75 years of existence in India.

Practus’ Role in Profit and Cashflow

  • Control both short-term and long-term cash flows.​
  • Increase working capital by lowering OPEX.​
  • Assist in obtaining short-term debt financing at a lower cost of capital.​
  • Every month, report on the health of company’s finances.​
  • Ensure that capital expenditures are spent wisely.

Impact Delivered in Profit and Cashflow

  • Led the development of a detailed cash flow turnaround plan worth $15 million, which included actionable items such as revenue growth, OPEX savings, working capital improvement, and asset monetization.​
  • Led weekly cross-functional review sessions to assess progress and escalate issues that necessitated decisions or slowed progress.​
  • Under adverse capital conditions, they provided NBFCs with projections and a growth storyline, as well as two term sheets.​
  • Business Capex proposals were assessed on risk and return on investment.​
  • Started to close the books by the 7th and have a MIS discussion by the 10th of every month.​
  • Through a re-evaluation of risk assumptions by insurance brokers, the factory insurance premium was reduced by 60 lakh per year.​

See how Practus can assist you in improving your organization’s Performance