Equinox India Developments Ltd.

Financial

	Equinox India Dev.	Alembic	Man InfraConstruct
Operational Metrics
Real Estate Sector
Total Area Under Construction	7.0 Mn Sqft	n/a	n/a
Cost of Borrowing	13.3 %	n/a	n/a
Financials
5 yr Average ROE	-0.9 %	14.77 %	11.72 %
5yr average Equity Multiplier	2.69	1.05	1.88
5yr Average Asset Turnover Ratio	0.22	0.05	0.49
5yr Avg Net Profit Margin	-19.79 %	303.48 %	10.45 %
Price to Book	3.52	1.36	4.97
P/E	0.0	11.08	24.24
5yr Avg Cash Conversion Cycle	3107.28 Days	144.48 Days	50.2 Days
Inventory Days	1602.08 Days	215.64 Days	289.1 Days
Days Receivable	108.68 Days	55.47 Days	44.22 Days
Days Payable	128.33 Days	278.49 Days	249.54 Days
5yr Average Interest Coverage Ratio	-2.54	204.05	3.97
5yr Avg ROCE	7.4 %	3.89 %	19.83 %
5yr Avg Operating Profit Margin	0.31 %	82.44 %	28.88 %
5 yr average Debt to Equity	0.59	0.0	0.57
5yr CAGR Net Profit	n/a	-2.2 %	43.98 %
5yr Average Return on Assets	-1.37 %	14.11 %	6.56 %
Shareholdings
Promoter Holding	0.0	70.88 %	67.31 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-11.99 %	0.0	1.59 %
Change in Mutual Fund Holding (3 Yrs)	-1.63 %	-4.29 %	2.1 %

Business

	Equinox India Dev.	Alembic	Man InfraConstruct
Product Wise Break-Up	Product Wise Break-Up Real Estate 100.0 Active Pharmaceutical Ingredient (API) 0 EPC 0	Product Wise Break-Up Active Pharmaceutical Ingredient (API) 16.25 Real Estate 83.75 EPC 0	Product Wise Break-Up Active Pharmaceutical Ingredient (API) 0 Real Estate 57.43 EPC 42.57
Location Wise Break-Up	Location Wise Break-Up India 100.0 Rest of the World 0	Location Wise Break-Up Rest of the World 1.35 India 98.65	Location Wise Break-Up Rest of the World 0 India 90.0 Others 10.0