Sandhar Technologies Ltd.

Financial

	Sandhar Tech	SJS Enterprises	Kernex Microsystems
Operational Metrics
Financials
5 yr Average ROE	7.97 %	15.44 %	-15.11 %
5yr average Equity Multiplier	2.16	1.32	1.43
5yr Average Asset Turnover Ratio	1.32	0.81	0.13
5yr Avg Net Profit Margin	2.81 %	14.64 %	-170.0 %
Price to Book	2.82	5.65	13.81
P/E	22.65	32.45	43.39
5yr Avg Cash Conversion Cycle	1.95 Days	40.39 Days	570.44 Days
Inventory Days	36.8 Days	37.47 Days	464.82 Days
Days Receivable	42.13 Days	72.57 Days	6.76 Days
Days Payable	87.82 Days	69.7 Days	121.11 Days
5yr Average Interest Coverage Ratio	4.8	24.42	-4.96
5yr Avg ROCE	11.24 %	20.06 %	-8.53 %
5yr Avg Operating Profit Margin	9.45 %	24.86 %	-137.96 %
5 yr average Debt to Equity	0.47	0.07	0.25
5yr CAGR Net Profit	14.06 %	9.04 %	n/a
5yr Average Return on Assets	3.71 %	11.79 %	-10.36 %
Shareholdings
Promoter Holding	70.38 %	21.6 %	29.09 %
Share Pledged by Promoters	0.0	4.29 %	8.79 %
Change in Promoter Holding (3 Yrs)	0.0	-28.77 %	-5.43 %
Change in Mutual Fund Holding (3 Yrs)	0.66 %	6.58 %	1.09 %

Business

	Sandhar Tech	SJS Enterprises	Kernex Microsystems
Product Wise Break-Up	Product Wise Break-Up Sheet Metal 24.8 Aluminum Castings 23.7 Locking systems 20.3 Cabin and fabrication 12.0 Handle Bar Assembly 11.2 Vision systems 5.7 Plastic parts 0 Wheel assembly 0 Decorative aesthetic products 0 Safety Systems for Railways 0 Others 2.3	Product Wise Break-Up Locking systems 0 Sheet Metal 0 Safety Systems for Railways 0 Wheel assembly 0 Handle Bar Assembly 0 Decorative aesthetic 100.0 Plastic parts 0 Cabin and fabrication 0 Aluminum Castings 0 Vision systems 0	Product Wise Break-Up Locking systems 0 Sheet Metal 0 Safety Systems for Railways 100.0 Wheel assembly 0 Handle Bar Assembly 0 Decorative aesthetic products 0 Plastic parts 0 Cabin and fabrication 0 Aluminum Castings 0 Vision systems 0
Location Wise Break-Up	Location Wise Break-Up India 88.88 Europe 11.12 International 0 Domestic 0	Location Wise Break-Up International 7.3 Europe 0 India 0 India 92.7	Location Wise Break-Up International 0.22 Europe 0 India 0 India 99.78
Operating Profit Break-Up	Operating Profit Break-Up India 95.18 Europe 4.82	-	-
OEM vs Aftermarket	OEM vs Aftermarket OEM 98.0 Others 2.0	-	-
Customer Segment	Customer Segment 2 & 3 Wheelers 64.3 4 Wheeler 16.7 OHVs 13.3 Commercial Vehicles 2.0 Others 3.7	-	-
Asset Break-Up	Asset Break-Up India 75.94 Europe 24.06	-	-