Asian Granito India Ltd.

Financial

	Asian Granito India	Orient Bell	Exxaro Tiles
Operational Metrics
Building Materials
Capacity Utilization - Building Materials	56.0 %	n/a	n/a
Tiles
Manufacturing Capacity - Tiles	52.45 Mn Sqm/Year	42.4 Mn Sqm/Year	14.6 Mn Sqm/Year
Capacity Utilization - Tiles	54.53 %	83.0 %	81.2 %
Manufacturing Capacity - Marble & Quartz	2.02 Mn Sqm/Year	n/a	n/a
Realization / Square Metre - Tiles	284.43 Rs/Sqm	284.72 Rs/Sqm	316.83 Rs/Sqm
Realization / Square Metre - Marble & Quartz	2313.33 Rs/Sqm	n/a	n/a
Capacity Utilization - Marble & Quartz	41.58 %	n/a	n/a
Quarterly Sales Volume - Tiles	12.91 Mn Sqm	5.17 Mn Sqm	2.59 Mn Sqm
Unclassified
Advertisement Spend as a % of Total Sales	1.66 %	n/a	n/a
Financials
5 yr Average ROE	4.1 %	4.98 %	5.36 %
5yr average Equity Multiplier	1.86	1.7	1.93
5yr Average Asset Turnover Ratio	0.91	1.27	0.7
5yr Avg Net Profit Margin	1.66 %	2.25 %	3.64 %
Price to Book	0.51	1.19	1.05
P/E	103.51	74.14	0.0
5yr Avg Cash Conversion Cycle	48.01 Days	-51.99 Days	31.56 Days
Inventory Days	76.01 Days	46.39 Days	146.79 Days
Days Receivable	97.89 Days	64.52 Days	137.36 Days
Days Payable	124.72 Days	125.8 Days	222.53 Days
5yr Average Interest Coverage Ratio	1.69	5.75	2.19
5yr Avg ROCE	7.04 %	5.8 %	10.65 %
5yr Avg Operating Profit Margin	5.06 %	6.0 %	13.02 %
5 yr average Debt to Equity	0.33	0.1	0.52
5yr CAGR Net Profit	n/a	-33.73 %	-31.77 %
5yr Average Return on Assets	1.82 %	3.02 %	2.65 %
Shareholdings
Promoter Holding	33.52 %	65.34 %	42.07 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	4.52 %	1.03 %	0.0
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	-4.86 %

Business

	Asian Granito India	Orient Bell	Exxaro Tiles
Product Wise Break-Up	Product Wise Break-Up Tiles 86.48 Marble 13.52 Power 0 Trading 0 Associate 0 AGL 0 Bathware Division 0 Quartz 0 Vitrified 0 Ceramic 0 Double Charge Vitrified Tiles 0 Glazed Vitrified Tiles 0	Product Wise Break-Up Tiles 0 AGL 0 Double Charge Vitrified Tiles 0 Quartz 0 Bathware Division 0 Power 0 Vitrified 58.0 Associate 0 Glazed Vitrified Tiles 0 Trading 0 Marble 0 Ceramics 42.0	Product Wise Break-Up Tiles 0 AGL 0 Vitrified Tiles 26.23 Quartz 0 Bathware Division 0 Power 0 Vitrified 0 Associate 0 Glazed Vitrified Tiles 55.09 Trading 0 Marble 0 Ceramic 0 Others 18.68
Location Wise Break-Up	Location Wise Break-Up West India 43.0 North India 23.0 South India 22.0 East India 12.0 Rest of the World 0 South 0 West 0 East 0 Central & North 0 India 0	Location Wise Break-Up East India 0 North India 0 Central & North 0 East 0 West India 0 South 0 India 99.09 South India 0 West 0 Rest of the World 0.91	Location Wise Break-Up East India 0 North India 0 Central & North 0 East 0 West India 0 South 0 India 97.88 South India 0 West 0 Rest of the World 0 Others 2.12
Distribution Channel	Distribution Channel Retail 53.0 Wholesale/B2B 37.0 Government 9.0 Others 1.0	-	-