SJVN Ltd.

Financial

	SJVN	Neyveli Lignite	Reliance Power
Operational Metrics
Power Generation Sector
Capacity Utilization - Hydro Electricity	47.07 %	n/a	n/a
Generation Capacity - Electricity	2377.0 MW	6071.0 MW	5945.0 MW
Generation Capacity - Hydro Electricity	1972.0 MW	n/a	n/a
Capacity Utilization - Electricity	40.78 %	40.7 %	77.36 %
Capacity Utilization - Renewable	10.18 %	16.75 %	9.0 %
Generation Capacity - Conventional Energy	1972.0 MW	4640.0 MW	5760.0 MW
Renewable
Generation Capacity - Renewable	405.0 MW	1431.0 MW	185.0 MW
Financials
5 yr Average ROE	9.94 %	9.69 %	-12.59 %
5yr average Equity Multiplier	1.95	3.73	4.17
5yr Average Asset Turnover Ratio	0.11	0.23	0.16
5yr Avg Net Profit Margin	49.35 %	11.72 %	-19.39 %
Price to Book	2.75	1.71	1.7
P/E	39.66	16.86	0.0
5yr Avg Cash Conversion Cycle	42.35 Days	2035.58 Days	143.85 Days
Inventory Days	8.49 Days	45.83 Days	43.99 Days
Days Receivable	31.41 Days	112.82 Days	100.23 Days
Days Payable	6.42 Days	321.21 Days	13.97 Days
5yr Average Interest Coverage Ratio	8.93	3.35	0.5
5yr Avg ROCE	10.04 %	8.57 %	5.49 %
5yr Avg Operating Profit Margin	74.94 %	32.01 %	32.03 %
5 yr average Debt to Equity	0.66	1.7	1.99
5yr CAGR Net Profit	-10.27 %	7.02 %	-12.69 %
5yr Average Return on Assets	5.85 %	2.62 %	-2.98 %
Shareholdings
Promoter Holding	81.85 %	72.2 %	23.26 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-4.92 %	-7.0 %	-1.72 %
Change in Mutual Fund Holding (3 Yrs)	-1.72 %	8.02 %	0.26 %

Business

	SJVN	Neyveli Lignite	Reliance Power
Product Wise Break-Up	Product Wise Break-Up Energy 100.0 Lignite Mining 0 Power generation 0 Sale of energy 0	Product Wise Break-Up Energy 0 Power 50.13 Sale of energy 0 Lignite Mining 49.87	Product Wise Break-Up Energy 0 Power generation 0 Energy 100.0 Lignite Mining 0
Location Wise Break-Up	Location Wise Break-Up India 100.0 Nepal 0 Rest of the World 0	Location Wise Break-Up Rest of the World 0 India 100.0 Nepal 0	Location Wise Break-Up Rest of the World 0 India 100.0 Nepal 0
Capacity Break-Up	Capacity Break-Up Renewable 0 Coal 0 Others 100	-	Capacity Break-Up Renewable Energy 3.11 Coal 96.89
Customer Wise Break-Up	Customer Wise Break-Up Government 25.23 U.P. Power Corporation 17.16 PDD, J&K 12.33 Punjab State Power Corporation Limited 9.72 Reliance Infrastructure Limited 0 MP Power Management Company Limited 0 Uttar Pradesh Power Corporation Limited 0 Others 35.56	-	Customer Wise Break-Up Reliance Infrastructure Limited 0 Government 0 Uttar Pradesh Power Corporation Limited 34.14 Punjab State Power Corporation Limited 0 U.P. Power Corporation 0 MP Power Management Company Limited 23.04 PDD, J&K 0 Others 42.82