Igarashi Motors India Ltd.

Financial

	Igarashi Motors	Salzer Electronics	IKIO Technologies
Operational Metrics
Financials
5 yr Average ROE	2.92 %	8.1 %	28.78 %
5yr average Equity Multiplier	1.63	2.1	1.95
5yr Average Asset Turnover Ratio	0.9	1.05	1.01
5yr Avg Net Profit Margin	2.0 %	3.68 %	12.57 %
Price to Book	3.37	2.74	2.63
P/E	84.84	21.44	71.49
5yr Avg Cash Conversion Cycle	48.6 Days	140.15 Days	145.83 Days
Inventory Days	53.31 Days	84.34 Days	100.03 Days
Days Receivable	82.91 Days	97.14 Days	78.92 Days
Days Payable	74.1 Days	40.13 Days	46.75 Days
5yr Average Interest Coverage Ratio	1.94	2.69	9.45
5yr Avg ROCE	5.8 %	15.76 %	32.82 %
5yr Avg Operating Profit Margin	10.69 %	9.76 %	20.19 %
5 yr average Debt to Equity	0.22	0.65	0.6
5yr CAGR Net Profit	-1.16 %	11.1 %	1.42 %
5yr Average Return on Assets	1.78 %	3.87 %	13.19 %
Shareholdings
Promoter Holding	75.0 %	37.54 %	72.5 %
Share Pledged by Promoters	0.0	17.16 %	0.0
Change in Promoter Holding (3 Yrs)	0.0	5.2 %	0.04 %
Change in Mutual Fund Holding (3 Yrs)	0.05 %	0.01 %	-3.77 %

Business

	Igarashi Motors	Salzer Electronics	IKIO Technologies
Product Wise Break-Up	Product Wise Break-Up Electric Motors 83.0 Transformers 0 Energy management 0 Building segment 0 Industrial Switchgear 0 Wire and cable 0 ODM (Original Design Manufacturer) 0 ABS Pipes 0 Others 17.0	Product Wise Break-Up ODM (Original Design Manufacturer) 0 Wire & Cables 38.1 Transformers 0 Industrial Switchgear 56.4 ABS Pipes 0 Electric Motors 0 Construction 5.5 Energy management 0	Product Wise Break-Up LED 32.0 Wire and cable 0 Transformers 0 Industrial Switchgear 0 ABS Pipes 0 Electric Motors 0 Building segment 0 Energy management 0 Others 68.0
Location Wise Break-Up	Location Wise Break-Up India 45.35 Japan 41.38 Rest of the World 10.32 USA 2.2 Germany 0.64 Hong Kong 0.12 Middle East 0 Asia Ex India 0 Europe 0	Location Wise Break-Up India 76.12 Middle East 1.6 Asia Pacific 11.39 Europe 5.0 USA 5.89 Germany 0 Hong Kong 0 Japan 0 Rest of the World 0	Location Wise Break-Up India 75.0 Middle East 0 Asia Ex India 0 Europe 0 USA 0 Germany 0 Hong Kong 0 Japan 0 Rest of the World 0 Others 25.0
Operating Profit Break-Up	Operating Profit Break-Up Automotive 100.0 Non - Automotive 0	-	-
Asset Break-Up	Asset Break-Up Others 100	-	-
Segment Wise Break-Up	Segment Wise Break-Up Automobile 85.42 Non Automotive 14.58	-	-