eMudhra Ltd.

Financial

	eMudhra	NIIT	Vakrangee
Operational Metrics
Software Services
Active Clients	n/a	n/a	n/a
IT
Order Book as a % of Sales	47.43 %	n/a	n/a
Financials
5 yr Average ROE	20.05 %	24.33 %	1.37 %
5yr average Equity Multiplier	1.59	1.43	1.64
5yr Average Asset Turnover Ratio	0.7	0.38	0.43
5yr Avg Net Profit Margin	18.44 %	51.96 %	6.51 %
Price to Book	15.28	1.44	22.47
P/E	91.45	81.42	942.61
5yr Avg Cash Conversion Cycle	-115.03 Days	118.62 Days	-1733.15 Days
Inventory Days	2.41 Days	1.51 Days	5.51 Days
Days Receivable	81.76 Days	117.15 Days	76.06 Days
Days Payable	112.88 Days	1535.94 Days	623.97 Days
5yr Average Interest Coverage Ratio	38.26	25.51	0.55
5yr Avg ROCE	22.34 %	5.07 %	3.14 %
5yr Avg Operating Profit Margin	33.01 %	16.32 %	14.18 %
5 yr average Debt to Equity	0.31	0.07	0.14
5yr CAGR Net Profit	28.74 %	-48.34 %	-47.57 %
5yr Average Return on Assets	12.71 %	16.85 %	1.2 %
Shareholdings
Promoter Holding	54.4 %	34.72 %	42.6 %
Share Pledged by Promoters	0.0	0.0	7.75 %
Change in Promoter Holding (3 Yrs)	-6.63 %	0.57 %	0.0
Change in Mutual Fund Holding (3 Yrs)	1.3 %	0.74 %	-0.03 %

Business

	eMudhra	NIIT	Vakrangee
Product Wise Break-Up	Product Wise Break-Up Software Services 87.07 Sale of Accessories 12.93 Sale of Services 0 Hardware & Accessories Revenue 0 Courseware Revenue 0 0 Computer consumables & peripherals 0 0	Product Wise Break-Up Hardware & Accessories Revenue 0 Software Services 0 Sale of Accessories 0 Service 98.67 Courseware Revenue 1.33 0 Computer consumables & peripherals 0 0	Product Wise Break-Up Hardware & Accessories Revenue 0 Software Services 0 Sale of Accessories 0 Sale of Services 0 Courseware Revenue 0 0 Computer consumables & peripherals 0 vakrangee kendra, including e-governance activities 100.0
Segment Break-Up	Segment Break-Up Enterprise Solution 72.16 Trust Services 27.84	-	-
Location Wise Break-Up	Location Wise Break-Up India 47.78 Europe 0 USA 0 Rest of the World 0 Others 52.22	Location Wise Break-Up Rest of the World 0 India 82.29 Europe 0.17 USA 2.22 Others 15.32	Location Wise Break-Up Rest of the World 0 India 100.0 Europe 0 USA 0
Operating Profit Break-Up	Operating Profit Break-Up Skills & Career Group (SNC) 0 Corporate Learning Group (CLG) 0 Others 100	Operating Profit Break-Up Corporate Learning Group (CLG) 95.54 Skills & Career Group (SNC) 4.46	-
Asset Break-Up - Segment Wise	Asset Break-Up - Segment Wise Others 100	-	-
Asset Break-Up - Geography Wise	Asset Break-Up - Geography Wise Others 100	-	-