Panchmahal Steel Ltd.

Financial

	Panchmahal Steel	Supershakti Metaliks	D.P. Wires
Operational Metrics
Steel Sector
Capacity Utilization - Steel	27.34 %	n/a	n/a
Manufacturing Capacity - Steel	72.0 Ths Tonnes	n/a	n/a
Realization/Tonne - Steel	175670.64 Rs/MT	n/a	n/a
Manufacturing Capacity- Steel Billets	150000.0 MTPA	n/a	n/a
Capacity Utilization - Steel Billets	18.61 %	n/a	n/a
Financials
5 yr Average ROE	2.79 %	9.51 %	18.63 %
5yr average Equity Multiplier	2.15	1.39	1.26
5yr Average Asset Turnover Ratio	1.58	2.32	3.42
5yr Avg Net Profit Margin	0.86 %	3.0 %	4.55 %
Price to Book	2.61	0.0	1.48
P/E	125.8	34.71	16.55
5yr Avg Cash Conversion Cycle	110.01 Days	14.23 Days	38.85 Days
Inventory Days	126.45 Days	28.39 Days	20.98 Days
Days Receivable	36.51 Days	4.47 Days	33.72 Days
Days Payable	99.76 Days	15.0 Days	8.41 Days
5yr Average Interest Coverage Ratio	3.37	8.16	22.69
5yr Avg ROCE	14.41 %	11.27 %	25.77 %
5yr Avg Operating Profit Margin	5.62 %	4.42 %	6.31 %
5 yr average Debt to Equity	0.45	0.11	0.04
5yr CAGR Net Profit	n/a	2.71 %	16.83 %
5yr Average Return on Assets	2.43 %	6.89 %	14.8 %
Shareholdings
Promoter Holding	74.38 %	72.23 %	74.78 %
Share Pledged by Promoters	5.74 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.52 %	0.0	4.38 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0

Business

	Panchmahal Steel	Supershakti Metaliks	D.P. Wires
Product Wise Break-Up	Product Wise Break-Up Bars & Rods 39.0 Wires of Stainless Steel 37.0 Iron & Steel Products 0 Billet 0 HB Wire 0 Wire Road 0 Power Division 0 Plastic Product Division 0 DP Wires Limited 0 Others 24.0	Product Wise Break-Up HB Wire 0 Wire Road 0 Bars & Rods 0 Wires of Stainless Steel 0 Power Division 0 Iron & Steel Products 100.0 DP Wires Limited 0 Plastic Product Division 0 Billet 0	Product Wise Break-Up HB Wire 0 Wire Road 0 Bars & Rods 0 Wires of Stainless Steel 0 Power 0.12 Iron & Steel Products 0 DP Wires Limited 86.77 Plastic 0.05 Billet 0 Others 13.06
Location Wise Break-Up	Location Wise Break-Up India 85.21 Rest of the World 14.57 Others 0.22	Location Wise Break-Up Rest of the World 0.19 India 99.81	Location Wise Break-Up Rest of the World 0 India 100.0
Raw Material Break-Up	Raw Material Break-Up scrap 53.66 Nickel 31.65 Ferro Chrome 8.6 Silico Manganese 0 Pig Iron/ Ferroshots 0 Sponge Iron 0 Others 6.09	Raw Material Break-Up Pig Iron 13.28 Nickel 0 scrap 0 Sponge iron 68.17 Silico Manganese 4.2 Ferro Chrome 0 Others 14.35	-