Solex Energy Ltd. benchmarking: Performance to industry peers

Financial

	Solex Energy	Servotech Renewable	Exicom Tele-Systems
Operational Metrics
Renewable
Manufacturing Capacity - Solar Panels	700.0 MW	n/a	n/a
Financials
5 yr Average ROE	17.42 %	9.34 %	3.25 %
5yr average Equity Multiplier	3.77	2.03	2.54
5yr Average Asset Turnover Ratio	1.42	1.42	0.96
5yr Avg Net Profit Margin	3.47 %	3.21 %	-0.8 %
Price to Book	7.63	5.27	2.13
P/E	33.84	52.26	0.0
5yr Avg Cash Conversion Cycle	60.87 Days	61.85 Days	83.59 Days
Inventory Days	61.45 Days	34.94 Days	65.53 Days
Days Receivable	44.87 Days	62.73 Days	114.73 Days
Days Payable	57.66 Days	36.55 Days	140.39 Days
5yr Average Interest Coverage Ratio	3.35	4.81	2.43
5yr Avg ROCE	20.86 %	14.28 %	10.92 %
5yr Avg Operating Profit Margin	8.6 %	6.55 %	5.56 %
5 yr average Debt to Equity	1.58	0.48	0.45
5yr CAGR Net Profit	73.03 %	104.17 %	n/a
5yr Average Return on Assets	4.93 %	4.87 %	0.46 %
Shareholdings
Promoter Holding	66.15 %	58.61 %	66.47 %
Share Pledged by Promoters	0.0	4.24 %	2.78 %
Change in Promoter Holding (3 Yrs)	-4.28 %	-1.99 %	-3.1 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	-3.58 %

	Solex Energy	Servotech Renewable	Exicom Tele-Systems
Product Wise Break-Up	Product Wise Break-Up Solar Module 93.1 Installation and Commission 6.75 EV Charging Infrastructure 0 Li-ion Batteries 0 Critical Power Business 0 Others 0.15	Product Wise Break-Up Installation and Commission 0 EV Charging Infrastructure 100.0 Solar Module 0 Li-ion Batteries 0 Critical Power Business 0	Product Wise Break-Up Installation and Commission 0 EV Charging Infrastructure 38.42 Solar Module 0 Li-ion Batteries 0 Critical Power Business 61.58