Concord Enviro Systems Ltd.

Financial

	Concord Enviro Sys.	ION Exchage	Praj Industries
Operational Metrics
Financials
5 yr Average ROE	-40.63 %	24.38 %	16.16 %
5yr average Equity Multiplier	-13.89	2.76	2.13
5yr Average Asset Turnover Ratio	0.67	1.01	1.07
5yr Avg Net Profit Margin	4.54 %	8.96 %	6.87 %
Price to Book	3.35	7.09	7.49
P/E	26.98	35.75	35.93
5yr Avg Cash Conversion Cycle	72.91 Days	7.25 Days	20.72 Days
Inventory Days	136.06 Days	34.79 Days	35.18 Days
Days Receivable	101.83 Days	126.82 Days	87.76 Days
Days Payable	186.07 Days	179.95 Days	108.9 Days
5yr Average Interest Coverage Ratio	2.0	16.21	52.11
5yr Avg ROCE	80.8 %	32.52 %	20.83 %
5yr Avg Operating Profit Margin	16.12 %	12.33 %	7.81 %
5 yr average Debt to Equity	-10.17	0.13	0.0
5yr CAGR Net Profit	39.44 %	15.93 %	32.1 %
5yr Average Return on Assets	3.13 %	9.02 %	7.42 %
Shareholdings
Promoter Holding	51.39 %	25.76 %	32.81 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-1.25 %	-0.02 %
Change in Mutual Fund Holding (3 Yrs)	7.25 %	4.63 %	8.63 %

Business

	Concord Enviro Sys.	ION Exchage	Praj Industries
Product Wise Break-Up	Product Wise Break-Up Water & Wastewater Treatment 59.61 Consumables and Spares (including membranes, plants chemicals) 20.8 Operations and Maintenance 19.59 Consumer Products 0 Chemicals 0 Engineering 0 HiPurity 0 Engineering Business 0 Bioenergy 0	Product Wise Break-Up Bioenergy 0 Consumer Durable 10.92 Operations and Maintenance 0 Engineering Business 0 Chemicals 28.21 HiPurity 0 Engineering 60.87 0 Water & Wastewater Treatment 0	Product Wise Break-Up Bioenergy 73.0 Consumer Products 0 Operations and Maintenance 0 Engineering 18.0 Chemicals 0 HiPurity 9.0 Engineering 0 0 Water & Wastewater Treatment 0
Location Wise Break-Up	Location Wise Break-Up India 58.23 Rest of the World 0 Others 41.77	Location Wise Break-Up Rest of the World 21.7 India 78.3	Location Wise Break-Up Rest of the World 21.0 India 79.0
Verticals	Verticals Food & Beverage 39.56 Chemicals 10.51 Defence 6.71 Textiles 1.68 Leachate 0.16 Government 0 Others 41.38	-	-
Asset Break-Up - Geography Wise	Asset Break-Up - Geography Wise Outside India 63.7 India 36.3	-	-