Welspun Specialty Solutions Ltd. benchmarking: Perfomance to industry peers

Financial

	Welspun Special.Soln	Vardhman Special	Kalyani Steels
Operational Metrics
Steel
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 %	13.35 %	15.38 %
5yr average Equity Multiplier	8.0	1.54	1.49
5yr Average Asset Turnover Ratio	0.79	1.57	0.77
5yr Avg Net Profit Margin	17.0 %	5.53 %	13.47 %
Price to Book	6.05	3.59	1.63
P/E	303.34	30.73	12.33
5yr Avg Cash Conversion Cycle	-9.51 Days	72.25 Days	82.22 Days
Inventory Days	163.19 Days	73.09 Days	43.45 Days
Days Receivable	43.42 Days	53.93 Days	78.46 Days
Days Payable	178.72 Days	56.88 Days	65.97 Days
5yr Average Interest Coverage Ratio	2.34	8.0	22.83
5yr Avg ROCE	6.2 %	18.65 %	19.82 %
5yr Avg Operating Profit Margin	-3.42 %	8.37 %	19.18 %
5 yr average Debt to Equity	4.15	0.16	0.2
5yr CAGR Net Profit	n/a	-1.51 %	13.41 %
5yr Average Return on Assets	6.06 %	8.65 %	10.28 %
Shareholdings
Promoter Holding	55.17 %	51.13 %	64.7 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	1.62 %	-9.68 %	0.0
Change in Mutual Fund Holding (3 Yrs)	0.0	2.36 %	2.1 %

	Welspun Special.Soln	Vardhman Special	Kalyani Steels
Product Wise Break-Up	Product Wise Break-Up Steel 100.0 Bright bars 0 Black bars 0 Coke 0 Pig Iron 0 Rolled Products 0 Blooms and Rounds 0	Product Wise Break-Up Blooms and Rounds 0 Coke 0 Pig Iron 0 Steel 0 Rolled Products 0 Black bars 75.01 Bright Bars 23.18 Others 1.81	Product Wise Break-Up Blooms 7.17 Coke 3.21 Pig Iron 0.5 Steel 0 Rolled Products 89.12 Black bars 0 Bright bars 0
Location Wise Break-Up	Location Wise Break-Up India 63.85 Rest of the World 0 Others 36.15	Location Wise Break-Up India 97.0 Rest of the World 3.0	Location Wise Break-Up India 99.3 Rest of the World 0.7