Ion Exchange (India) Ltd.

Financial

	ION Exchage	VA Tech Wabag	Felix Industries
Operational Metrics
Infrastructure
Order Book as a % of Sales	97.31 %	422.35 %	n/a
Financials
5 yr Average ROE	25.55 %	6.95 %	-1.87 %
5yr average Equity Multiplier	3.18	2.99	1.55
5yr Average Asset Turnover Ratio	1.02	0.71	0.45
5yr Avg Net Profit Margin	8.42 %	3.22 %	-16.17 %
Price to Book	8.99	3.65	0.0
P/E	39.22	98.94	406.79
5yr Avg Cash Conversion Cycle	-10.38 Days	-120.46 Days	75.2 Days
Inventory Days	34.91 Days	3.68 Days	206.6 Days
Days Receivable	110.48 Days	174.6 Days	101.23 Days
Days Payable	187.98 Days	448.51 Days	115.03 Days
5yr Average Interest Coverage Ratio	13.69	2.26	-0.85
5yr Avg ROCE	35.6 %	15.56 %	0.13 %
5yr Avg Operating Profit Margin	14.34 %	9.32 %	-10.98 %
5 yr average Debt to Equity	0.19	0.34	0.34
5yr CAGR Net Profit	24.7 %	-34.31 %	n/a
5yr Average Return on Assets	8.53 %	2.29 %	-2.0 %
Shareholdings
Promoter Holding	26.38 %	19.13 %	54.85 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.63 %	-2.57 %	-18.29 %
Change in Mutual Fund Holding (3 Yrs)	5.79 %	2.17 %	0.0

Business

	ION Exchage	VA Tech Wabag	Felix Industries
Product Wise Break-Up	Product Wise Break-Up Engineering 56.21 Chemicals 32.76 Consumer Durable 11.03 Water and Wastewater Treatment 0	Product Wise Break-Up Chemicals 0 Engineering 0 Water & Waste Water Treatment 100.0 Consumer Durable 0	Product Wise Break-Up Chemicals 0 Engineering 0 Water and Wastewater Treatment 0 Consumer Durable 0 Others 100
Location Wise Break-Up	Location Wise Break-Up India 76.62 Rest of the World 23.38 Europe 0	Location Wise Break-Up India 56.0 Rest of the World 44.0 Europe 0	-
Operating Profit Break-Up	Operating Profit Break-Up Chemicals 67.28 Engineering & Capital Goods 32.72 Consumer Products 0 India 0	Operating Profit Break-Up Chemicals 0 Engineering & Capital Goods 0 India 52.88 Consumer Products 0 Others 47.12	-
Capex	Capex Engineering & Capital Goods 68.65 Chemicals 20.24 Consumer Products 1.89 Others 9.22	-	-
Asset Break-Up	Asset Break-Up Engineering & Capital Goods 67.13 Chemicals 20.1 Consumer Products 3.12 Others 9.65	-	-