Welspun Specialty Solutions Ltd.

Financial

	Welspun Special.Soln	Mukand	MSP Steel & Power
Operational Metrics
Steel Sector
Realization/Tonne - Steel	336750.77 Rs/MT	n/a	n/a
Quarterly Sales Volume - Stainless Steel	n/a	n/a	n/a
Financials
5 yr Average ROE	37.08 %	4.4 %	-2.57 %
5yr average Equity Multiplier	8.0	4.6	2.75
5yr Average Asset Turnover Ratio	0.79	1.41	1.36
5yr Avg Net Profit Margin	17.0 %	0.59 %	-0.9 %
Price to Book	4.71	2.06	1.88
P/E	0.0	24.23	0.0
5yr Avg Cash Conversion Cycle	-9.51 Days	108.25 Days	37.45 Days
Inventory Days	163.19 Days	122.14 Days	79.12 Days
Days Receivable	43.42 Days	35.83 Days	9.35 Days
Days Payable	178.72 Days	61.1 Days	41.47 Days
5yr Average Interest Coverage Ratio	2.34	1.66	0.88
5yr Avg ROCE	6.2 %	15.54 %	6.5 %
5yr Avg Operating Profit Margin	-3.42 %	-0.96 %	5.42 %
5 yr average Debt to Equity	4.15	2.52	1.37
5yr CAGR Net Profit	n/a	n/a	n/a
5yr Average Return on Assets	6.06 %	1.97 %	-0.88 %
Shareholdings
Promoter Holding	55.17 %	74.7 %	35.24 %
Share Pledged by Promoters	0.0	0.0	81.33 %
Change in Promoter Holding (3 Yrs)	1.62 %	0.88 %	-6.38 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0

Business

	Welspun Special.Soln	Mukand	MSP Steel & Power
Product Wise Break-Up	Product Wise Break-Up Steel 100.0 Stainless Steel Products 0 Special Alloy Steel Products 0 Power 0 TMT Bars 0 MS Billets 0 Sponge Iron 0 Pellet 0	Product Wise Break-Up Special Alloy Steel Products 37.09 Sponge Iron 0 TMT Bars 0 Stainless Steel 52.47 Steel 0 MS Billets 0 Power 0 Pellet 0 Others 10.44	Product Wise Break-Up Special Alloy Steel Products 0 Sponge iron 9.04 TMT Bars 62.15 Stainless Steel Products 0 Steel 0 MS Billets 6.74 Power 0.55 Pellets 21.43 Others 0.09
Location Wise Break-Up	Location Wise Break-Up India 63.85 Rest of the World 0 Others 36.15	Location Wise Break-Up Rest of the World 0 India 91.85 Others 8.15	Location Wise Break-Up Rest of the World 0.51 India 99.49