Hind Rectifiers Ltd.

Financial

	Hind Rectifiers	Axtel Inds.	Windsor Machines
Operational Metrics
Infrastructure
Order Book as a % of Sales	117.6 %	n/a	n/a
Financials
5 yr Average ROE	8.26 %	21.92 %	0.45 %
5yr average Equity Multiplier	2.4	1.78	2.18
5yr Average Asset Turnover Ratio	1.35	1.1	0.55
5yr Avg Net Profit Margin	2.57 %	11.14 %	0.33 %
Price to Book	10.43	9.57	2.04
P/E	248.82	33.68	61.57
5yr Avg Cash Conversion Cycle	89.15 Days	55.75 Days	-9.75 Days
Inventory Days	75.69 Days	76.46 Days	86.19 Days
Days Receivable	68.78 Days	108.86 Days	42.76 Days
Days Payable	57.06 Days	113.59 Days	124.59 Days
5yr Average Interest Coverage Ratio	2.33	32.92	0.95
5yr Avg ROCE	18.86 %	29.01 %	3.83 %
5yr Avg Operating Profit Margin	8.11 %	17.68 %	8.6 %
5 yr average Debt to Equity	0.84	0.04	0.16
5yr CAGR Net Profit	n/a	5.95 %	n/a
5yr Average Return on Assets	3.53 %	12.5 %	0.21 %
Shareholdings
Promoter Holding	44.05 %	49.95 %	58.52 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	1.8 %	0.0	0.0
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0

Business

	Hind Rectifiers	Axtel Inds.	Windsor Machines
Product Wise Break-Up	Product Wise Break-Up Electric Motors 47.0 Electrical equipment 43.0 Machinery and Equipment 0 Injection Molding Machinery 0 Extrusion Machinery Division 0 Others 10.0	Product Wise Break-Up Injection Molding Machinery 0 Electrical equipment 0 Machinery and Equipment 100.0 Electric Motors 0 Extrusion Machinery Division 0	Product Wise Break-Up Injection Molding Machinery 49.14 Electrical equipment 0 Machinery and Equipment 0 Electric Motors 0 Extrusion Machinery Division 50.86
Location Wise Break-Up	Location Wise Break-Up India 77.63 Rest of the World 22.37	Location Wise Break-Up India 88.62 Rest of the World 11.38	Location Wise Break-Up India 74.13 Rest of the World 25.87