Black Rose Industries Ltd.

Financial

	Black Rose Inds.	Vinyl Chemicals	Naperol Investments
Operational Metrics
Chemical Sector
Manufacturing Capacity - Acrylamide Liquid	32000.0 MTPA	n/a	n/a
Manufacturing Capacity - Polyacrylamide Liquid	40000.0 MTPA	n/a	n/a
Manufacturing Capacity - Acrylamide Solid	3600.0 MTPA	n/a	n/a
Unclassified
R&D as a % of Total Sales	0.36 %	n/a	n/a
Financials
5 yr Average ROE	21.48 %	24.16 %	5.47 %
5yr average Equity Multiplier	1.68	2.44	1.29
5yr Average Asset Turnover Ratio	2.32	3.23	0.21
5yr Avg Net Profit Margin	5.36 %	3.52 %	18.23 %
Price to Book	3.21	4.0	0.47
P/E	23.42	23.19	50.0
5yr Avg Cash Conversion Cycle	60.78 Days	19.99 Days	13.07 Days
Inventory Days	34.91 Days	44.4 Days	31.89 Days
Days Receivable	60.27 Days	61.6 Days	33.44 Days
Days Payable	33.49 Days	77.81 Days	57.9 Days
5yr Average Interest Coverage Ratio	19.16	403.92	126.22
5yr Avg ROCE	27.69 %	32.53 %	7.9 %
5yr Avg Operating Profit Margin	7.85 %	4.3 %	29.16 %
5 yr average Debt to Equity	0.14	0.0	0.1
5yr CAGR Net Profit	0.32 %	14.49 %	-43.68 %
5yr Average Return on Assets	12.21 %	11.75 %	4.72 %
Shareholdings
Promoter Holding	75.0 %	50.41 %	70.76 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-0.21 %	0.0
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0

Business

	Black Rose Inds.	Vinyl Chemicals	Naperol Investments
Product Wise Break-Up	Product Wise Break-Up Industrial Chemicals 69.19 Organic and Inorganic 30.19 Polyacrylamides manufacturing business 0 Acrylamides manufacturing business 0 Chemical distribution business 0 Vinyl Acetate Monomer 0 Trading 0 Hydrogen Gas 0 Peracetic Acid 0 Hydrogen Peroxide 0 Others 0.62	Product Wise Break-Up Hydrogen Peroxide 0 Organic and Inorganic 0 Polyacrylamides manufacturing business 0 Chemical distribution business 0 Acrylamides manufacturing business 0 Industrial Chemicals 0 Peracetic Acid 0 Vinyl Acetate Monomer 95.46 Trading 0 Hydrogen Gas 0 Others 4.54	Product Wise Break-Up Hydrogen Peroxide 0 Organic and Inorganic 0 Polyacrylamides manufacturing business 0 Chemical distribution business 0 Acrylamides manufacturing business 0 Industrial Chemicals 0 Peracetic Acid 0 Vinyl Acetate Monomer 0 Trading 86.67 Hydrogen Gas 0 Others 13.33
Segment Break-Up	Segment Break-Up Chemicals 100.0	-	-
Location Wise Break-Up	Location Wise Break-Up India 70.0 Rest of the World 0 Others 30.0	-	Location Wise Break-Up Rest of the World 0 India 100.0
Operating Profit Break-Up	Operating Profit Break-Up Distribution 54.77 Manufacturing 44.79 Others 0.44	-	-
Verticals	Verticals Distribution 70.21 Manufacturing 27.36 Others 2.43	-	-
Asset Break-Up	Asset Break-Up India 100.0	-	-