Voltas Ltd.

Financial

	Voltas	Blue Star	Amber Enterprises
Operational Metrics
Financials
5 yr Average ROE	7.72 %	18.43 %	8.02 %
5yr average Equity Multiplier	1.86	3.82	2.82
5yr Average Asset Turnover Ratio	0.92	1.44	1.04
5yr Avg Net Profit Margin	4.7 %	3.42 %	2.71 %
Price to Book	6.51	12.82	9.86
P/E	56.99	62.8	93.62
5yr Avg Cash Conversion Cycle	-4.14 Days	-49.61 Days	-6.85 Days
Inventory Days	62.41 Days	61.54 Days	61.79 Days
Days Receivable	69.08 Days	65.98 Days	89.57 Days
Days Payable	155.46 Days	198.04 Days	143.62 Days
5yr Average Interest Coverage Ratio	22.68	7.88	3.75
5yr Avg ROCE	14.81 %	23.75 %	11.22 %
5yr Avg Operating Profit Margin	7.17 %	5.86 %	7.0 %
5 yr average Debt to Equity	0.08	0.41	0.52
5yr CAGR Net Profit	-13.39 %	23.7 %	-3.45 %
5yr Average Return on Assets	4.23 %	4.94 %	2.9 %
Shareholdings
Promoter Holding	30.3 %	36.47 %	39.72 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-2.31 %	-0.55 %
Change in Mutual Fund Holding (3 Yrs)	1.38 %	-0.73 %	6.76 %

Business

	Voltas	Blue Star	Amber Enterprises
Product Wise Break-Up	Product Wise Break-Up Unitary Cooling Products for Comfort and Commercial 57.3 Electro - mechanical Projects and Services 38.51 Engineering 4.2 Railway Subsystem & Mobility 0 0 Electronics 0 Consumer Durables 0 Non AC Components 0 AC Components 0 Air Conditioners 0	-	Product Wise Break-Up Railway Subsystem 4.97 AC Components 0 Electronics 22.13 Non AC Components 0 Air Conditioners 0 Consumer 72.9 0 Engineering 0 0 0
Location Wise Break-Up	Location Wise Break-Up India 86.94 Middle East 11.86 Singapore 0.89 Rest of the World 0 East India 0 North India 0 West India 0 South India 0 Others 0.31	Location Wise Break-Up India 0 South India 45.0 Rest of the World 0 East India 0 Middle East 0 West India 0 Singapore 0 North India 35.0 Others 20.0	Location Wise Break-Up India 99.41 South India 0 Rest of the World 0.59 East India 0 Middle East 0 West India 0 Singapore 0 North India 0
Operating Profit Break-Up	Operating Profit Break-Up Unitary Cooling Product 52.73 Electro Mechanical Projects 28.66 Engineering Products and Services 18.61 0 Unitary Products 0 0	Operating Profit Break-Up Electronics 2.82 Engineering Products and Services 0 Unitary Cooling Product 0 Unitary Products 43.14 Electro-Mechanical Projects and Commercial Air Conditioning Systems 54.04 Electro Mechanical Projects 0	-
Asset Break-Up	Asset Break-Up India 98.06 Middle East 1.94 Singapore 0	-	-