Madhav Infra Projects Ltd.

Financial

	Madhav Infra Project	Innovators FacadeSys	Nila Infrastructures
Operational Metrics
Financials
5 yr Average ROE	5.89 %	2.46 %	3.55 %
5yr average Equity Multiplier	3.45	1.65	4.08
5yr Average Asset Turnover Ratio	0.73	0.63	0.31
5yr Avg Net Profit Margin	1.99 %	1.85 %	1.9 %
Price to Book	1.68	0.0	2.58
P/E	20.31	25.59	19.43
5yr Avg Cash Conversion Cycle	-85.39 Days	10.49 Days	38.92 Days
Inventory Days	87.95 Days	139.04 Days	185.72 Days
Days Receivable	93.34 Days	60.57 Days	27.43 Days
Days Payable	219.46 Days	163.24 Days	134.85 Days
5yr Average Interest Coverage Ratio	1.65	1.58	1.73
5yr Avg ROCE	13.74 %	9.23 %	10.14 %
5yr Avg Operating Profit Margin	13.97 %	11.77 %	7.41 %
5 yr average Debt to Equity	1.52	0.29	0.7
5yr CAGR Net Profit	42.27 %	n/a	-7.36 %
5yr Average Return on Assets	1.92 %	1.2 %	1.09 %
Shareholdings
Promoter Holding	68.81 %	63.71 %	61.9 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-3.79 %	0.0	0.0
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0

Business

	Madhav Infra Project	Innovators FacadeSys	Nila Infrastructures
Product Wise Break-Up	Product Wise Break-Up EPC 79.15 Machinery Rent 3.15 Solar 0.72 Toll 0.7 Operation & Maintenance Services 0.54 Service Charges 0 Works contract and façade materials 0 Project without construction 0 Civic Urban 0 Affordable Housing 0 Others 15.74	Product Wise Break-Up Project without construction 0 Toll 0 Operation & Maintenance Services 0 Service Charges 0 Affordable Housing 0 Machinery Rent 0 Solar 0 Civic Urban 0 EPC 0 Works contract and façade materials 100.0	Product Wise Break-Up Project without construction 0 Toll 0 Operation & Maintenance Services 0 Service Charges 0 Affordable Housing 96.0 Machinery Rent 0 Solar 0 Civic Urban 3.0 EPC 0 Works contract and façade materials 0 Others 1.0
Location Wise Break-Up	Location Wise Break-Up India 100.0	Location Wise Break-Up India 100.0	Location Wise Break-Up India 100.0