At OCCL, we address a global market that is growing annually in the modest single-digits. We have resisted the urge to expand aggressively as it would compel us to price below established players or suffer a large unutilized capacity. The Company has selected to grow steadily instead the expenditure being addressed through accruals. Besides, this approach does not compel us to seek lower realisations or stretch our managerial bandwidth.
Continuous cost management
At OCCL, we are very focused and prudent on captial allocation. Be it any kind of capex within the core business or any decision outside, it needs to pass through rigorious criteria’s and is ultimately decided at the topmost level. The focus is always to ensure that the risk weighted return on capital is appropriate. We believe this discipline and diligence is a crucial element in ensuring business sustainability.