Chirag Goenka

CFO | Build & Turnaround Specialist | Capital, Cash & Governance Discipline | Scale up ₹0→₹700 Cr | Loss→Profit

Role
Chief Financial Officer at Sintex
Location
Mumbai, MH, IN
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Chirag Goenka

I am a value-creation CFO with 15+ years of experience across manufacturing, building materials, and consumer sectors.My work has largely spanned three mandates: building businesses from scratch, turning around stressed assets, and scaling platforms with disciplined capital and governance frameworks.At Welspun Flooring, I built a greenfield manufacturing platform from conceptualization to ~₹700 Cr revenue, turning EBITDA positive while institutionalizing funding structures, governance, and systems.At Sintex BAPL, I led a post-acquisition turnaround, restoring EBITDA from losses to Profit, converting working capital to negative, securing structured funding, and rebuilding control environments from D to A ratings.Across roles, I have held influenced P&L, capital allocation, debt structuring, working capital, governance, and Board engagement — partnering closely with CEOs, promoters, lenders, rating agencies, and investors.What differentiates me is the combination of commercial understanding, capital discipline, and organisation building — having built finance functions, governance frameworks, and teams from scratch twice.I am particularly drawn to growth platforms where disciplined capital deployment and strong institutional foundations determine long-term value creation.

Experience

  1. Chief Financial Officer

    Sintex

    Apr 2023 — Present · Mumbai, IN

    Led post-acquisition turnaround delivering loss → ~12% EBITDA in ~18 monthsConverted working capital to negative through O2C redesign and credit disciplineExecuted Cr capex; secured ₹1,500 Cr term fundingRebuilt governance architecture (SOP, IFC, RCM); improved control ratings D → AExited structurally unviable business lines; redeployed capital to higher-ROCE categoriesPartnered Board, lenders, and rating agencies through transformation phase

Education

  • St Francis D'Assisi High School

    SSC (Schooling)

    1992 — 2002

  • The Institute of Chartered Accountants of India

    Chartered Accountant

    2005 — 2009

  • Mithibai College of Arts Chauhan Institute of Science and Amrutben Jivanlal College of Commerce and Economics

    Bachelor of Commerce (B.Com.)

    2002 — 2007

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Chirag Goenka — Chief Financial Officer at Sintex in Mumbai, MH, IN | Unifers