About Me

Key Highlights

  • 36+ Years of Leadership Experience
  • ₹2,400+ Cr Revenue Growth Led
  • Award-Winning CFO
  • Advisor to CEO – SML Mahindra
  • Independent Director (IICA Registered)
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AWARDS & RECOGNITIONS

4

CFO of the Year – Excellence in Turnaround
Confederation of Indian Industry (CII) | 2024–25

2

CFO Outstanding Performer Award
Institute of Cost and Management Accountants of India (ICMAI) | 2024

3

Distinguished Supply Chain & Outstanding CFO Award
Institute of Materials Management (IIMM) | 2024

6

India CFO Award
Biz Integration | 2024

5

CMA Achiever Award
Institute of Cost Accountants of India | 2016

6

India CFO Award
Biz Integration | 2024

5

CMA Achiever Award
Institute of Cost Accountants of India | 2016

ABOUT ME

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Rakesh Bhalla, CMA
CFO | Chief Risk Officer | Board Advisor | Independent Director

I am a Fellow Member of the Institute of Cost Accountants of India (CMA) with over 36 years of rich and diversified industry experience, primarily with SML Isuzu Limited. My professional journey spans leadership roles across Finance, Internal Audit, Taxation, IT, Procurement, Vendor Development, and Risk Management.

I served as Chief Financial Officer and Chief Risk Officer during one of the most challenging periods in the company’s history, including the COVID-19 pandemic. Through strategic financial leadership, disciplined execution, and strong governance, I led a complete financial and operational turnaround of the organization.

Post my executive tenure, I am actively involved in advisory roles, supporting CEOs, boards, and institutions in areas of financial strategy, business transformation, risk management, and corporate governance.

BUSINESS TURNAROUND & KEY ACHIEVEMENTS

Under my leadership, SML Isuzu witnessed a remarkable transformation:

REVENUE GROWTH

Revenue growth from ₹596 Cr (FY 2020–21) to ₹2,405 Cr (FY 2024–25)

EBITDA IMPROVEMENT

EBITDA improvement from -10.7% to +10%

RECORD PROFIT

Record profit of ₹162.4 Cr in FY 2024–25

SHARE PRICE GROWTH

Share price growth from ₹452 to ₹4,000+

CAPITALIZATION GROWTH

Market capitalization growth from ₹654 Cr to ₹5,788 Cr