Kalyani Steels Ltd.

Financial

	Kalyani Steels	Welspun Special.Soln	Vardhman Special
Operational Metrics
Bloom
Realization/Tonne - Blooms & Rounds	83308.05 Rs/MT	n/a	n/a
Coke
Realization/Tonne - Coke	38448.75 Rs/MT	n/a	n/a
Pig Iron
Realization/Tonne - Pig Iron	39591.53 Rs/MT	n/a	n/a
Steel Slab
Realization/Tonne - Rolled Products	75611.69 Rs/MT	n/a	n/a
Financials
5 yr Average ROE	15.63 %	52.77 %	11.39 %
5yr average Equity Multiplier	1.51	7.06	1.76
5yr Average Asset Turnover Ratio	0.84	0.76	1.32
5yr Avg Net Profit Margin	12.76 %	11.6 %	4.76 %
Price to Book	1.87	26.39	2.77
P/E	13.22	70.73	23.77
5yr Avg Cash Conversion Cycle	64.22 Days	-23.94 Days	71.54 Days
Inventory Days	39.56 Days	160.58 Days	76.53 Days
Days Receivable	68.76 Days	23.54 Days	57.53 Days
Days Payable	71.86 Days	168.71 Days	65.29 Days
5yr Average Interest Coverage Ratio	24.35	1.3	6.34
5yr Avg ROCE	20.07 %	-9.05 %	16.24 %
5yr Avg Operating Profit Margin	18.43 %	-9.09 %	8.96 %
5 yr average Debt to Equity	0.16	3.42	0.34
5yr CAGR Net Profit	13.56 %	n/a	93.94 %
5yr Average Return on Assets	10.38 %	1.21 %	6.59 %
Shareholdings
Promoter Holding	64.7 %	55.17 %	60.37 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.01 %	1.62 %	-0.41 %
Change in Mutual Fund Holding (3 Yrs)	1.88 %	0.0	2.9 %

Business

	Kalyani Steels	Welspun Special.Soln	Vardhman Special
Product Wise Break-Up	Product Wise Break-Up Rolled Products 87.0 Blooms 8.99 Pig Iron 2.63 Coke 1.38 Steel 0 Bright bars 0 Black bars 0	Product Wise Break-Up Blooms 0 Rolled Products 0 Pig Iron 0 Black bars 0 Steel 100.0 Bright bars 0 Coke 0	Product Wise Break-Up Blooms 0 Rolled Products 0 Pig Iron 0 Black bars 72.34 Steel 0 Bright Bars 26.97 Coke 0 Others 0.69
Location Wise Break-Up	Location Wise Break-Up India 99.55 Rest of the World 0.45	Location Wise Break-Up Rest of the World 0 India 63.08 Others 36.92	Location Wise Break-Up Rest of the World 3.82 India 96.18
Raw Material Break-Up	Raw Material Break-Up Coke and Coal 56.42 Iron Ore 21.16 Ferro Alloys 19.69 Others 2.73	-	-
Customer Wise Break-Up	Customer Wise Break-Up Bharat Forge 50.68 Kalyani Technolgies 49.32	-	-