Minal Industries Ltd.

Financial

	Minal Industries	Swarnsarita Jewels	Royal India Corp.
Operational Metrics
Financials
5 yr Average ROE	-3.42 %	5.17 %	29.58 %
5yr average Equity Multiplier	1.55	2.12	-5.34
5yr Average Asset Turnover Ratio	0.35	3.04	0.3
5yr Avg Net Profit Margin	-6.59 %	0.8 %	-97.13 %
Price to Book	1.41	0.52	1.08
P/E	49.85	12.42	5.84
5yr Avg Cash Conversion Cycle	540.39 Days	87.34 Days	1119.29 Days
Inventory Days	865.35 Days	53.42 Days	458.12 Days
Days Receivable	114.72 Days	38.73 Days	1030.91 Days
Days Payable	98.45 Days	2.01 Days	1944.56 Days
5yr Average Interest Coverage Ratio	-7.41	2.17	51.65
5yr Avg ROCE	-2.65 %	12.51 %	0.02 %
5yr Avg Operating Profit Margin	-12.52 %	1.52 %	-14.3 %
5 yr average Debt to Equity	0.26	1.04	-5.65
5yr CAGR Net Profit	-11.08 %	1.12 %	n/a
5yr Average Return on Assets	-2.08 %	2.43 %	-2.73 %
Shareholdings
Promoter Holding	40.63 %	52.03 %	38.0 %
Share Pledged by Promoters	0.0	57.66 %	0.0
Change in Promoter Holding (3 Yrs)	-19.03 %	0.0	-7.92 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0