Concord Enviro Systems Ltd.

Financial

	Concord Enviro Sys.	ION Exchage	Praj Industries
Operational Metrics
Financials
5 yr Average ROE	-40.63 %	24.38 %	17.37 %
5yr average Equity Multiplier	-13.89	2.76	2.27
5yr Average Asset Turnover Ratio	0.67	1.01	1.06
5yr Avg Net Profit Margin	4.54 %	8.96 %	7.12 %
Price to Book	2.4	6.66	6.64
P/E	24.84	38.72	41.92
5yr Avg Cash Conversion Cycle	72.91 Days	7.25 Days	-31.82 Days
Inventory Days	136.06 Days	34.79 Days	33.39 Days
Days Receivable	101.83 Days	126.82 Days	76.42 Days
Days Payable	186.07 Days	179.95 Days	108.9 Days
5yr Average Interest Coverage Ratio	2.0	16.21	49.91
5yr Avg ROCE	80.8 %	32.52 %	22.27 %
5yr Avg Operating Profit Margin	16.12 %	12.33 %	8.75 %
5 yr average Debt to Equity	-10.17	0.13	0.0
5yr CAGR Net Profit	39.44 %	15.93 %	21.98 %
5yr Average Return on Assets	3.13 %	9.02 %	7.58 %
Shareholdings
Promoter Holding	51.39 %	25.76 %	32.81 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-1.25 %	-0.02 %
Change in Mutual Fund Holding (3 Yrs)	4.1 %	4.63 %	9.7 %

Business

	Concord Enviro Sys.	ION Exchage	Praj Industries
Product Wise Break-Up	Product Wise Break-Up Water & Wastewater Treatment 59.61 Consumables and Spares (including membranes, plants chemicals) 20.8 Operations and Maintenance 19.59 Consumer Products 0 Chemicals 0 Engineering 0 HiPurity 0 Engineering Business 0 Bioenergy 0	Product Wise Break-Up Bioenergy 0 Engineering 64.79 Operations and Maintenance 0 0 Consumer Durable 9.08 Water & Wastewater Treatment 0 Engineering Business 0 Chemicals 26.0 HiPurity 0 Others 0.13	Product Wise Break-Up Bioenergy 70.0 Engineering 0 Operations and Maintenance 0 0 Consumer Products 0 Water & Wastewater Treatment 0 Engineering 20.0 Chemicals 0 HiPurity 10.0
Location Wise Break-Up	Location Wise Break-Up India 58.23 Rest of the World 0 Others 41.77	Location Wise Break-Up India 78.3 Rest of the World 21.7	Location Wise Break-Up India 76.0 Rest of the World 24.0
Verticals	Verticals Food & Beverage 39.56 Chemicals 10.51 Defence 6.71 Textiles 1.68 Leachate 0.16 Government 0 Others 41.38	-	-
Asset Break-Up - Geography Wise	Asset Break-Up - Geography Wise Outside India 63.7 India 36.3	-	-