Kalyan Jewellers India Ltd.

Financial

	Kalyan Jewell.India	Senco Gold	Titan Co
Operational Metrics
Retail Chains
Number of Stores	253.0 .	n/a	3035.0 .
No of Stores - India	204.0 .	n/a	n/a
No of Stores - Middle East	36.0 .	n/a	n/a
Financials
5 yr Average ROE	7.95 %	15.93 %	24.7 %
5yr average Equity Multiplier	3.23	3.08	2.41
5yr Average Asset Turnover Ratio	1.2	1.77	1.48
5yr Avg Net Profit Margin	1.94 %	3.02 %	6.81 %
Price to Book	13.97	5.42	33.04
P/E	97.95	40.9	88.76
5yr Avg Cash Conversion Cycle	120.13 Days	133.9 Days	121.21 Days
Inventory Days	176.79 Days	101.95 Days	134.62 Days
Days Receivable	5.63 Days	3.68 Days	6.04 Days
Days Payable	28.95 Days	6.44 Days	15.66 Days
5yr Average Interest Coverage Ratio	2.03	3.07	11.96
5yr Avg ROCE	19.05 %	23.29 %	29.51 %
5yr Avg Operating Profit Margin	8.21 %	7.24 %	11.57 %
5 yr average Debt to Equity	1.14	1.07	0.72
5yr CAGR Net Profit	33.1 %	34.23 %	18.42 %
5yr Average Return on Assets	2.5 %	5.18 %	10.15 %
Shareholdings
Promoter Holding	60.59 %	68.45 %	52.9 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.06 %	-0.03 %	0.0
Change in Mutual Fund Holding (3 Yrs)	8.49 %	1.02 %	1.6 %

Business

	Kalyan Jewell.India	Senco Gold	Titan Co
Product Wise Break-Up	Product Wise Break-Up Gold Jewellery 69.31 Studded Jewellery (Diamond/Precious metal) 29.14 Platinum jewellery 0 Silver jewellery 0 Diamond and stones 0 Gold jewellery 0 Corporate (Unallocated) 0 Watches & Wearables 0 Eyewear 0 Jewelry 0 Others 1.55	Product Wise Break-Up Corporate (Unallocated) 0 Jewelry 0 Gold Jewellery 0 Gold jewellery 89.69 Eyewear 0 Platinum jewellery 2.04 Watches & Wearables 0 0 Silver jewellery 0.96 Diamond and stones 6.77 Others 0.54	Product Wise Break-Up Corporate 0.58 Gems & Jewelry 86.98 Gold Jewellery 0 Gold jewellery 0 Eyewear 1.31 Platinum jewellery 0 Watches 7.42 0 Silver jewellery 0 Diamond and stones 0 Others 3.71
Location Wise Break-Up	Location Wise Break-Up India 85.46 Middle East 13.77 Rest of the World 0 Others 0.77	Location Wise Break-Up Middle East 0 Rest of the World 0 India 98.29 Others 1.71	Location Wise Break-Up Middle East 0 Rest of the World 2.88 India 97.12
Customer Segment	Customer Segment Non Metro 70.0 Metro 30.0	-	-
Asset Break-Up	Asset Break-Up India 72.5 Middle East 27.5	-	Asset Break-Up Middle East 0 India 95.49 Others 4.51