Excel Industries Ltd.

Financial

	Excel Industries	Astec Lifesciences	Punjab Chem. & Corp
Operational Metrics
Financials
5 yr Average ROE	8.74 %	11.27 %	23.99 %
5yr average Equity Multiplier	1.28	2.36	2.99
5yr Average Asset Turnover Ratio	0.68	0.71	1.4
5yr Avg Net Profit Margin	9.25 %	5.58 %	5.99 %
Price to Book	0.83	4.76	3.57
P/E	16.65	0.0	36.66
5yr Avg Cash Conversion Cycle	18.04 Days	171.39 Days	43.37 Days
Inventory Days	42.35 Days	112.3 Days	54.68 Days
Days Receivable	75.08 Days	128.71 Days	66.56 Days
Days Payable	105.09 Days	157.77 Days	81.83 Days
5yr Average Interest Coverage Ratio	35.33	8.25	5.77
5yr Avg ROCE	10.49 %	18.3 %	28.76 %
5yr Avg Operating Profit Margin	13.78 %	14.0 %	12.22 %
5 yr average Debt to Equity	0.01	0.77	0.55
5yr CAGR Net Profit	-29.27 %	n/a	37.89 %
5yr Average Return on Assets	6.76 %	5.08 %	8.51 %
Shareholdings
Promoter Holding	52.57 %	66.75 %	39.22 %
Share Pledged by Promoters	0.03 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.08 %	1.56 %	0.0
Change in Mutual Fund Holding (3 Yrs)	0.0	-5.03 %	-0.72 %

Business

	Excel Industries	Astec Lifesciences	Punjab Chem. & Corp
Product Wise Break-Up	Product Wise Break-Up Diethyl Thio Phosphoryl Chloride 36.0 Agrochemicals 0 Performance Chemicals 0 Others 64.0	Product Wise Break-Up Performance Chemicals 0 Agro Chemicals 100.0 Diethyl Thio Phosphoryl Chloride 0	Product Wise Break-Up Performance Chemicals 100.0 Agrochemicals 0 Diethyl Thio Phosphoryl Chloride 0
Segment Break-Up	Segment Break-Up Chemicals 99.07 Environment and Biotech 0.93	Segment Break-Up Environment and Biotech 0 Chemicals 0 Others 100	-
Location Wise Break-Up	Location Wise Break-Up India 82.53 Rest of the World 17.47 Europe 0 Japan 0	Location Wise Break-Up India 25.88 Rest of the World 74.12 Europe 0 Japan 0	Location Wise Break-Up India 71.03 Rest of the World 0 Europe 0 Japan 0 Others 28.97
Operating Profit Break-Up	Operating Profit Break-Up Chemicals 100.0 Environment & Biotech 0	-	-
Asset Break-Up	Asset Break-Up Chemicals 38.5 Environment & Biotech 0.88 India 0 Europe 0 Japan 0 Others 60.62	-	Asset Break-Up India 99.73 Environment & Biotech 0 Japan 0 Europe 0 Chemicals 0 Others 0.27