Ion Exchange (India) Ltd.

Financial

	ION Exchage	VA Tech Wabag	Felix Industries
Operational Metrics
Infrastructure
Order Book as a % of Sales	123.28 %	439.69 %	n/a
Financials
5 yr Average ROE	24.38 %	7.69 %	8.6 %
5yr average Equity Multiplier	2.76	2.8	1.56
5yr Average Asset Turnover Ratio	1.01	0.69	0.68
5yr Avg Net Profit Margin	8.96 %	4.18 %	9.17 %
Price to Book	7.07	4.53	0.0
P/E	35.67	33.19	49.59
5yr Avg Cash Conversion Cycle	7.25 Days	-134.48 Days	94.3 Days
Inventory Days	34.79 Days	3.84 Days	79.86 Days
Days Receivable	126.82 Days	224.73 Days	99.98 Days
Days Payable	179.95 Days	415.41 Days	93.72 Days
5yr Average Interest Coverage Ratio	16.21	2.9	7.14
5yr Avg ROCE	32.52 %	16.27 %	12.87 %
5yr Avg Operating Profit Margin	12.33 %	9.59 %	14.02 %
5 yr average Debt to Equity	0.13	0.25	0.28
5yr CAGR Net Profit	15.93 %	21.98 %	43.27 %
5yr Average Return on Assets	9.02 %	2.8 %	5.59 %
Shareholdings
Promoter Holding	25.76 %	19.13 %	50.67 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-1.25 %	-2.57 %	-22.47 %
Change in Mutual Fund Holding (3 Yrs)	4.63 %	-1.12 %	0.0

Business

	ION Exchage	VA Tech Wabag	Felix Industries
Product Wise Break-Up	Product Wise Break-Up Engineering 60.87 Chemicals 28.21 Consumer Durable 10.92 Water and Wastewater Treatment 0	Product Wise Break-Up Water & Waste Water Treatment 100.0 Chemicals 0 Consumer Durable 0 Engineering 0	Product Wise Break-Up Water and Wastewater Treatment 0 Chemicals 0 Consumer Durable 0 Engineering 0 Others 100
Location Wise Break-Up	Location Wise Break-Up India 78.3 Rest of the World 21.7 Europe 0	Location Wise Break-Up Rest of the World 48.0 India 52.0 Europe 0	-
Operating Profit Break-Up	Operating Profit Break-Up Chemicals 67.09 Engineering & Capital Goods 32.91 Consumer Products 0 India 0	Operating Profit Break-Up India 52.87 Chemicals 0 Engineering & Capital Goods 0 Consumer Products 0 Others 47.13	-
Capex	Capex Engineering & Capital Goods 53.13 Chemicals 29.87 Consumer Products 1.33 Others 15.67	-	-
Asset Break-Up	Asset Break-Up Engineering & Capital Goods 60.01 Chemicals 28.45 Consumer Products 3.06 Others 8.48	-	-