Zen Technologies Ltd. benchmarking: Performance to industry peers

Financial

	Zen Technologies	eClerx Services	KPIT Technologies
Operational Metrics
IT
Net Sales by Employee Cost	4.62 .	1.64 .	1.64 .
Unclassified
R&D as a % of Total Sales	11.82 %	0.52 %	1.19 %
Infrastructure
Order Book as a % of Sales	187.56 %	n/a	n/a
Financials
5 yr Average ROE	12.15 %	24.04 %	22.53 %
5yr average Equity Multiplier	1.31	1.3	1.79
5yr Average Asset Turnover Ratio	0.4	1.03	1.1
5yr Avg Net Profit Margin	17.18 %	17.88 %	11.27 %
Price to Book	8.64	6.46	4.27
P/E	84.4	23.43	23.7
5yr Avg Cash Conversion Cycle	137.09 Days	80.99 Days	-1304.89 Days
Inventory Days	81.17 Days	0.07 Days	3.48 Days
Days Receivable	111.51 Days	80.94 Days	57.64 Days
Days Payable	76.22 Days	0.0	798.53 Days
5yr Average Interest Coverage Ratio	26.26	24.98	17.95
5yr Avg ROCE	18.02 %	30.15 %	26.19 %
5yr Avg Operating Profit Margin	26.73 %	27.44 %	18.57 %
5 yr average Debt to Equity	0.02	0.0	0.01
5yr CAGR Net Profit	146.01 %	13.88 %	41.86 %
5yr Average Return on Assets	8.43 %	18.45 %	12.54 %
Shareholdings
Promoter Holding	48.51 %	54.52 %	39.42 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-8.94 %	0.91 %	-0.07 %
Change in Mutual Fund Holding (3 Yrs)	7.55 %	3.64 %	4.65 %

	Zen Technologies	eClerx Services	KPIT Technologies
Product Wise Break-Up	Product Wise Break-Up simulators 100.0 Sale of Products Services 0 0 Revenue from ITeS services 0 Product Organization 0 Product Engineering Services 0	Product Wise Break-Up Software Services 96.43 simulators 0 Sale of Products Services 0 Product Engineering Services 0 Software Services 3.57 Product Organization 0	Product Wise Break-Up Revenue from ITeS services 0 simulators 0 Sale of Products Services 0 Product Engineering 93.0 0 Product Organization 7.0
Location Wise Break-Up	Location Wise Break-Up India 62.66 Asia Pacific 0 Europe Ex UK 0 UK 0 USA 0 Rest of the World 0 Europe 0 Others 37.34	Location Wise Break-Up UK 0 Rest of the World 0 Asia Pacific 0 Europe 17.0 India 0 Europe 0 USA 78.0 Others 5.0	Location Wise Break-Up UK 0 Rest of the World 39.55 Asia Pacific 0 Europe Ex UK 0 India 0 Europe 39.88 USA 20.57
Verticals	Verticals Defence 100.0 Commercial Cars 0 Passenger Cars 0	-	Verticals Commercial Cars 21.49 Defence 0 Passenger Cars 78.51
Asset Break-Up - Geography Wise	Asset Break-Up - Geography Wise India 99.92 Others 0.08	-	-