Kalyani Steels Ltd.

Financial

	Kalyani Steels	Sarda Energy&Mineral	Prakash Inds.
Operational Metrics
Bloom
Realization/Tonne - Blooms & Rounds	80009.91 Rs/MT	n/a	n/a
Coke
Realization/Tonne - Coke	19540.68 Rs/MT	n/a	n/a
Pig Iron
Realization/Tonne - Pig Iron	40930.46 Rs/MT	n/a	n/a
Steel Slab
Realization/Tonne - Rolled Products	74542.35 Rs/MT	n/a	n/a
Financials
5 yr Average ROE	15.61 %	15.95 %	6.79 %
5yr average Equity Multiplier	1.53	1.94	1.37
5yr Average Asset Turnover Ratio	0.89	0.62	0.84
5yr Avg Net Profit Margin	11.93 %	13.39 %	5.98 %
Price to Book	2.82	2.25	0.98
P/E	15.13	15.0	9.66
5yr Avg Cash Conversion Cycle	37.54 Days	47.89 Days	17.81 Days
Inventory Days	36.65 Days	71.17 Days	28.48 Days
Days Receivable	60.64 Days	15.2 Days	8.65 Days
Days Payable	82.06 Days	42.48 Days	24.78 Days
5yr Average Interest Coverage Ratio	25.55	6.14	3.31
5yr Avg ROCE	20.38 %	16.89 %	8.35 %
5yr Avg Operating Profit Margin	19.85 %	26.18 %	12.98 %
5 yr average Debt to Equity	0.13	0.68	0.21
5yr CAGR Net Profit	16.13 %	24.27 %	-13.18 %
5yr Average Return on Assets	10.25 %	8.61 %	4.93 %
Shareholdings
Promoter Holding	64.7 %	72.64 %	44.24 %
Share Pledged by Promoters	0.0	0.0	13.34 %
Change in Promoter Holding (3 Yrs)	-0.01 %	0.14 %	3.26 %
Change in Mutual Fund Holding (3 Yrs)	5.49 %	-0.61 %	-0.02 %

Business

	Kalyani Steels	Sarda Energy&Mineral	Prakash Inds.
Product Wise Break-Up	Product Wise Break-Up Rolled Products 93.92 Blooms 4.74 Pig Iron 1.34 Coke 0 Steel 0 Power 0 Pellet 0 Wire Rod / HB Wire 0 Steel Billets 0 Ferro Alloys 0 Sponge Iron 0 Iron & Steel 0 PVC Pipe and Packaging 0	Product Wise Break-Up Steel 46.79 Pellet 0 Iron & Steel 0 Sponge Iron 0 Rolled Products 0 Ferro Alloys 33.33 PVC Pipe and Packaging 0 Steel Billets 0 Power 19.49 Wire Rod / HB Wire 0 Pig Iron 0 Blooms 0 Coke 0 Others 0.39	Product Wise Break-Up Steel 0 Pellet 0 Steel 100.0 Sponge Iron 0 Rolled Products 0 Ferro Alloys 0 PVC Pipe and Packaging 0 Steel Billets 0 Power 0 Wire Rod / HB Wire 0 Pig Iron 0 Blooms 0 Coke 0
Location Wise Break-Up	Location Wise Break-Up India 98.96 Rest of the World 1.04	Location Wise Break-Up India 76.57 Rest of the World 0 Others 23.43	Location Wise Break-Up India 100.0 Rest of the World 0
Raw Material Break-Up	Raw Material Break-Up Coke and Coal 60.69 Iron Ore 17.43 Ferro Alloys 16.43 Scrap 0 Coal 0 Mn Ore 0 Iron Ore 0 Others 5.45	Raw Material Break-Up Ferro Alloys 0 Coal 50.51 Iron Ore 19.62 Coke and Coal 0 scrap 8.66 Mn Ore 20.47 Others 0.74	-
Customer Wise Break-Up	Customer Wise Break-Up Bharat Forge 56.43 Kalyani Technolgies 43.57	-	-