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CHANDRASHEKAR KUPPERI - 206947. CA Business Achiever – Corporate. Director – LORNAMEAD CORPORATE SERVICES PRIVATE LIMITED (LCSPL). Turnover (Sales) of the Company in Rupees: LCSPL, India for FYE March 2012 : Rs. 81 lakhs (being in the nature of “Services”
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CHANDRASHEKAR KUPPERI- 206947 CA Business Achiever – Corporate Director – LORNAMEAD CORPORATE SERVICES PRIVATE LIMITED (LCSPL)
Turnover (Sales) of the Company in Rupees: LCSPL, India for FYE March 2012 : Rs. 81 lakhs (being in the nature of “Services” providing organization) Lornamead Group, UK for FYE March 2012 : Rs. 811 Crores (at consolidated level) • Net worth of the Company: LCSPL, India for FYE March 2012 : Rs. 4 lakhs (being in the nature of “Services” providing organization) Lornamead Group, UK for FYE March 2012 : Rs. 372 Crores (at consolidated level) • Market Capitalization of the Organization: LCSPL, India for FYE March 2012 : Rs. 4 lakhs (being in the nature of “Services” providing organization) Lornamead Group, UK for FYE March 2012 : Rs. 372 Crores (at consolidated level)
KEY ROLE IN THE ORGANIZATION • Developing Mergers and Acquisitions Strategy – to identify, qualify and realize the best opportunities for the short, medium and long term vision of the group. • Work as part of an experienced team of professionals involved in private equity M&A, Joint Ventures and other new business developments. • Develop investment criteria, create and oversee implementation of financial models, assessment models and utilize valuation techniques to value target opportunities. • Lead comprehensive due diligence activities, including legal and other due diligence • Prepare Investment brief and recommendation report on proposed investments. • Develop exit strategies and co ordinate divestiture programs including development of marketing materials and preparation of company’s management to market to potential acquirers on sell side assignments • Implementing systems, processes and controls that would safe guard the assets of the company and minimize financial and business risk. • Developing effective reporting structures that would provide senior managers and the Board with sufficient real time information which would address the weaknesses in the business • Reducing the working capital, bank borrowings and stock turnover at conceptual level • Making the balance sheets of each of the entities financially strong by implementing necessary transfer pricing arrangements amongst businesses • Establishing KPIs/KRAs to monitor corporate performance and report against established Budgets • Compiling Annual budget, Balance sheets and Cash Flow statements for various business units including preparation of monthly cash flow forecasts
MAJOR ACHIEVEMENTS • Created a Captive unit in Chennai for assisting the Group companies in relation to M&A, Finance management, oversee Trademark management and other Corporate Secretarial matters thereby, letting the company to focus on core operations of the business. This initiative saved GBP 0.5 Mn annually. • Designed an effective Management Reporting System to provide detailed analysis on the performance of individual companies and the consolidated group with insights on monthly and YTD(last year, budget year and current year) legal entity/ region/ and category/brand-wise. • Successfully implemented Internal controls in the Group for robust functions that are also accommodative to further process improvements such as standardizing the periodicity of various reports such as Working capital, cash flow, sales reports, inventory control etc. • Created financial models for justifying the numbers and for proactive discussions on banking facilities, setting of covenants, Hedging, Impairment review, Going concern etc. • Provided key snippets on Working Capital items and of operating free cash flow items to help trigger meaningful discussion with the Senior Board and the local CEOs so as to appreciate the financial metrics and act upon, thus alleviating financial risk situations • Co-created a three-year plan for International Business with respective Business Heads for strategic decisions of the Top Managements
MAJOR ACHIEVEMENTS • Executed more than ten deals for the Group including divestments. • Rolled out a new audit methodology focused on study of business and related risks of an entity and assessing the impact of such risks from financial, business and regulatory perspective – this improved considerable efficiency in completion of statutory audits • Shouldered negotiations that led to some major profit bearing acquisitions to the Group such as Yardley, Woods of Windsor, CD, Lypsyl brands etc. • Providing continuous support to the Group by developing acquisition, licensing and exit strategies and coordinating divestiture programs. • Developed a strong team of proactive accountants, adhering to accepted accounting practices besides complementing the efforts of the commercial staff • Single-handedly controlled Group Audit Finalization and Transfer Pricing Studies • Accomplished various Re-financing projects for the Group (refinanced with leading European banks) and presented proposals to the Banks. This paved way for considerable debt reduction and a stronger Balance Sheet. • Established internal covenants and metrics such as conversion of EBITDA to operating free cash flow, Debt Service cover, Gearing ratio, and provided periodical ‘health’ report to the Senior Board with aggressive and bold insights on the business operations to mitigate risk possibilities • A dedicated mentor who conducts daily sessions on management topics to hone employee skills