Karnavati Finance Ltd.

Financial

	Karnavati Finance	Adcon Capital Serv	TruCap Finance
Operational Metrics
Financials
5 yr Average ROE	-1.15 %	2.88 %	4.42 %
5yr average Equity Multiplier	1.79	1.01	2.76
5yr Average Asset Turnover Ratio	0.11	0.08	0.21
5yr Avg Net Profit Margin	-1.7 %	8.11 %	7.64 %
Price to Book	1.97	0.41	0.37
P/E	0.0	7.75	9.46
5yr Avg Cash Conversion Cycle	2.24 Days	n/a	127.8 Days
Inventory Days	2.01 Days	n/a	0.0
Days Receivable	0.0	n/a	127.8 Days
Days Payable	0.0	n/a	8.69 Days
5yr Average Interest Coverage Ratio	4.44	n/a	1.89
5yr Avg ROCE	2.11 %	n/a	18.67 %
5yr Avg Operating Profit Margin	18.28 %	n/a	41.73 %
5 yr average Debt to Equity	0.73	n/a	1.65
5yr CAGR Net Profit	n/a	n/a	21.97 %
5yr Average Return on Assets	-0.11 %	n/a	2.19 %
Shareholdings
Promoter Holding	58.64 %	0.0	37.21 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.0	-23.14 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	-0.1 %

Business

	Karnavati Finance	Adcon Capital Serv	TruCap Finance
Product Wise Break-Up	Product Wise Break-Up Financing Activity 100.0 Finance and investment 0 Net gain on fair value changes 0 Fees and commission income 0 Interest Income 0	Product Wise Break-Up Financing Activity 0 Finance and investment 100.0 Net gain on fair value changes 0 Interest Income 0 Fees and commission income 0	Product Wise Break-Up Financing Activity 0 Finance and investment 0 Net gain on fair value changes 0.12 Interest Income 94.94 Fee & Commission income 4.94
Location Wise Break-Up	Location Wise Break-Up India 100.0 India 0 Domestic 0	Location Wise Break-Up India 100.0 Domestic 0	Location Wise Break-Up India 0 Domestic 100.0