Voltas Ltd.

Financial

	Voltas	Blue Star	Subros
Operational Metrics
Financials
5 yr Average ROE	9.32 %	19.6 %	7.58 %
5yr average Equity Multiplier	1.81	4.04	1.97
5yr Average Asset Turnover Ratio	0.91	1.47	1.42
5yr Avg Net Profit Margin	5.72 %	3.29 %	2.73 %
Price to Book	8.28	12.68	4.72
P/E	169.4	62.2	88.5
5yr Avg Cash Conversion Cycle	-2.14 Days	-47.5 Days	-12.45 Days
Inventory Days	61.26 Days	63.99 Days	45.87 Days
Days Receivable	82.65 Days	62.65 Days	28.09 Days
Days Payable	161.48 Days	205.24 Days	91.73 Days
5yr Average Interest Coverage Ratio	25.05	7.02	5.83
5yr Avg ROCE	16.37 %	26.71 %	11.03 %
5yr Avg Operating Profit Margin	10.59 %	6.63 %	8.93 %
5 yr average Debt to Equity	0.07	0.48	0.13
5yr CAGR Net Profit	-23.28 %	16.07 %	-8.87 %
5yr Average Return on Assets	5.18 %	4.87 %	3.82 %
Shareholdings
Promoter Holding	30.3 %	36.49 %	36.79 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-2.27 %	0.0
Change in Mutual Fund Holding (3 Yrs)	-0.18 %	2.82 %	-0.66 %

Business

	Voltas	Blue Star	Subros
Product Wise Break-Up	Product Wise Break-Up Unitary Cooling Products for Comfort and Commercial 56.48 Electro - mechanical Projects and Services 37.59 Engineering 5.93 Railways 0 Trans. refrigeration 0 Home AC 0 Radiator 0 Commercial Vehicle & buses 0 AC Supply in Passenger Vehicle 0	-	Product Wise Break-Up 0 Commercial Vehicles 4.0 Passenger Vehicle Air Conditioners 78.0 Trans. refrigeration 1.0 Radiator 12.0 Railways 0 Home Air Conditioners 5.0 0 Engineering 0
Location Wise Break-Up	Location Wise Break-Up India 86.02 Middle East 12.46 Singapore 0.13 Rest of the World 0 East India 0 North India 0 West India 0 South India 0 Others 1.39	Location Wise Break-Up India 0 South India 45.0 North India 35.0 East India 0 Middle East 0 West India 0 Rest of the World 0 Singapore 0 Others 20.0	Location Wise Break-Up India 100.0 South India 0 North India 0 East India 0 Middle East 0 West India 0 Rest of the World 0 Singapore 0
Operating Profit Break-Up	Operating Profit Break-Up Unitary Cooling Product 71.14 Engineering Products and Services 28.86 Electro Mechanical Projects 0 0 Unitary Products 0 0	Operating Profit Break-Up Engineering Products and Services 0 Electro-Mechanical Projects and Commercial Air Conditioning Systems 53.76 Unitary Products 37.78 Electronics 8.46 Unitary Cooling Product 0 Electro Mechanical Projects 0	-
Asset Break-Up	Asset Break-Up India 97.69 Middle East 2.31 Singapore 0.01	-	-