Andhra Paper Ltd.

Financial

	Andhra Paper	Seshasayee Paper	TN Newsprints
Operational Metrics
Paper & Board
Capacity Utilization - Paper & Board	103.86 %	96.64 %	70.0 %
Realization/Tonne - Paper & Board	77119.23 Rs/MT	73371.31 Rs/MT	61866.0 Rs/MT
Manufacturing Capacity - Paper & Board	241000.0 MTPA	255000.0 MTPA	60000.0 MTPA
Quarterly Sales Volume - Paper & Board	58370.0 MTPA	n/a	n/a
Financials
5 yr Average ROE	17.02 %	12.39 %	6.86 %
5yr average Equity Multiplier	1.55	1.29	3.34
5yr Average Asset Turnover Ratio	0.74	0.76	0.68
5yr Avg Net Profit Margin	14.03 %	12.4 %	2.74 %
Price to Book	0.83	0.95	0.56
P/E	18.18	17.34	310.71
5yr Avg Cash Conversion Cycle	-28.2 Days	-29.07 Days	-29.33 Days
Inventory Days	48.95 Days	55.44 Days	67.45 Days
Days Receivable	21.13 Days	26.2 Days	29.07 Days
Days Payable	105.83 Days	169.61 Days	154.22 Days
5yr Average Interest Coverage Ratio	56.69	85.89	2.05
5yr Avg ROCE	18.8 %	13.7 %	11.4 %
5yr Avg Operating Profit Margin	21.13 %	15.37 %	13.98 %
5 yr average Debt to Equity	0.04	0.01	1.24
5yr CAGR Net Profit	9.8 %	0.52 %	9.87 %
5yr Average Return on Assets	10.99 %	9.67 %	2.25 %
Shareholdings
Promoter Holding	72.45 %	42.9 %	35.32 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.25 %	0.1 %	0.0
Change in Mutual Fund Holding (3 Yrs)	-4.28 %	0.0	-2.82 %

Business

	Andhra Paper	Seshasayee Paper	TN Newsprints
Product Wise Break-Up	Product Wise Break-Up Uncoated Paper 100.0 Writing & Printing Paper 0 Cement 0 Energy 0 Paper & Board 0	Product Wise Break-Up Energy 0 Cement 0 Uncoated Paper 0 Paper & Board 0 Writing & Printing Paper 100.0	Product Wise Break-Up Energy 8.33 Cement 0 Uncoated Paper 0 Paper & Board 91.67 Writing & Printing Paper 0
Location Wise Break-Up	Location Wise Break-Up India 93.65 Rest of the World 6.35	Location Wise Break-Up Rest of the World 14.07 India 85.93	Location Wise Break-Up Rest of the World 12.92 India 87.08