Our Services

Treasury

Case study –

A growing IT company with Head Office in US and branch in India was unsure about hedging USDINR. The CFO was not liking the volatility in the cash flows because of fluctuating FX rates.

 

Edugains studied certainty monthly inwards and the internal budgeted rate. Suggested a conservative hedging strategy and also handled end to end process of setting up hedging limits with banks. We booked hedges and monitored each contract. As a result, client was getting a rate of 69 for last few months as against going rate at that time of 66.

 

For more case studies – http://www.edugains.in/case-studies/

Borrowings

Case study

A company with exports around 60cr in EUR and sales of 140 cr was finding it difficult to get PCFC borrowings as their per invoice size was small. They were using INR borrowings. The owners of the company had view that if INR weakens, they would doze out to the weakness. Current Interest rate was around 11%.

 

Edugains studied their problem and suggested borrowing in FCNR and WCDL, Which would allow lower Dollar interest rate, saving them interest of 5-6%. We split the total exports in E​UR​ and USD. Further, helped them to renegotiate the interest by pricing in bank’s margin using proprietary tools and choice of MCLR, saved​ up to 3%.

 

For more case studies – http://www.edugains.in/case-studies/

Audit

Case study

A Pharmaceutical company was concerned over their high annual bank charges. They feared that with the increase in volume their finance cost would rise, hence they approached us for a solution.

 

Edugains conducted a bank audit of charges using proprietary tools to identify charges that could be standardize instead of a variable form. We mapped their charges with other corporates having similar volume and business to price them at competitive rates. Negotiated with bank using scientific methods and helped them to bring down charges by almost 50%.

 

For more case studies – http://www.edugains.in/case-studies/

FEMA

Case study

Shipping agent wanted to pay in USD to save FX costs which were 3-5%. The business margin were very thin and RBI guideline were unclear

 

​Edugains ​represented to RBI​ and​ got clearance to pay in USD​. We worked on a ​structured payment plan​ and helped the ​client ​to save 3.5% on every payment​.

 

For more case studies – http://www.edugains.in/case-studies/

Economic research

Case study

An IT company based in India was exporting its service to South Africa, They wanted to understand if long term hedging was suitable for their business or not

 

Edugains prepared a premium research report to help them understand that long term hedging was not fruitful because their currency, ZAR, was experiencing more then 10% avg. volatility and also there was political uncertainty which would have hampered their hedging performance. Hence, the company decided against hedging for long term. ​

The key research studies we did were to find –
1. Interest parity between two different currency
2. Political uncertainty due to unstable government
3. Currency experiencing more than 10% average volatility

 

For more case studies – http://www.edugains.in/case-studies/

Our Services

Treasury

Case study –

A growing IT company with Head Office in US and branch in India was unsure about hedging USDINR. The CFO was not liking the volatility in the cash flows because of fluctuating FX rates.

Edugains studied certainty monthly inwards and the internal budgeted rate. Suggested a conservative hedging strategy and also handled end to end process of setting up hedging limits with banks. We booked hedges and monitored each contract. As a result, client was getting a rate of 69 for last few months as against going rate at that time of 66.

Borrowings

Case study –

A company with exports around 60cr in EUR and sales of 140 cr was finding it difficult to get PCFC borrowings as their per invoice size was small. They were using INR borrowings. The owners of the company had view that if INR weakens, they would doze out to the weakness. Current Interest rate was around 11%.

Edugains studied their problem and suggested borrowing in FCNR and WCDL, Which would allow lower Dollar interest rate, saving them interest of 5-6%. We split the total exports in E​UR​ and USD. Further, helped them to renegotiate the interest by pricing in bank’s margin using proprietary tools and choice of MCLR, saved​ up to 3%.

Audit

Case study-

A Pharmaceutical company was concerned over their high annual bank charges. They feared that with the increase in volume their finance cost would rise, hence they approached us for a solution.

Edugains conducted a bank audit of charges using proprietary tools to identify charges that could be standardize instead of a variable form. We mapped their charges with other corporates having similar volume and business to price them at competitive rates. Negotiated with bank using scientific methods and helped them to bring down charges by almost 50%.

FEMA

Case study –

Shipping agent wanted to pay in USD to save FX costs which were 3-5%. The business margin were very thin and RBI guideline were unclear.

Edugains ​represented to RBI​ and​ got clearance to pay in USD​. We worked on a ​structured payment plan​ and helped the ​client ​to save 3.5% on every payment​.

Economic research

Case study –

An IT company based in India was exporting its service to South Africa, They wanted to understand if long term hedging was suitable for their business or not

Edugains prepared a premium research report to help them understand that long term hedging was not fruitful because their currency, ZAR, was experiencing more then 10% avg. volatility and also there was political uncertainty which would have hampered their hedging performance. Hence, the company decided against hedging for long term. ​

The key research studies we did were to find –
1. Interest parity between two different currency
2. Political uncertainty due to unstable government
3. Currency experiencing more than 10% average volatility

India's FX Advisory & Banking Service

Cube Edugains is an outsourcing and advisory firm servicing corporates with solutions on optimizing borrowing cost, raising fresh loans, currency risk management, hedge solutions and any FEMA compliance related services. The promoters and key personnel of the company comprise of ex bankers and graduates from IIM- A from various banks in field of treasury, compliance and corporate banking.​

Why Edugains ?

saving

Savings linked fees

Our fees is a small part of savings that we deliver. Therefore there is no cost for you to take our services. On case to case, depending on scope of work, there could be a nominal fixed fee as well.

partners-in-implementation

Partner in implementation

We not just advise but also implement the same and be your partner in it. It helps client see the actual results.

change of bank

No change of bank

We know change of bank is not easy. We have built unique expertise of delivering results with existing bank. Only in rare case, do we suggest change of bank.

Are trending themes like, Ban of LOU, Rise in US and India interest rate, weakening INR becoming a concern to your business, we can provide solutions to it.

advisory-experience

7

Years in

buisness

export- import- transaction

25,000

No. of

Export-import transactions

fx -management

$1.5 Bn

FX under

management

loan-management

830 cr

Loans under

Managment

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