Welspun Specialty Solutions Ltd.

Financial

	Welspun Special.Soln	Kamdhenu	ISMT
Operational Metrics
Steel Sector
Realization/Tonne - Steel	382348.1 Rs/MT	n/a	71416.07 Rs/MT
Financials
5 yr Average ROE	41.24 %	11.36 %	49.9 %
5yr average Equity Multiplier	5.49	2.02	-0.71
5yr Average Asset Turnover Ratio	0.72	2.21	0.86
5yr Avg Net Profit Margin	8.89 %	2.83 %	11.0 %
Price to Book	22.51	6.48	1.98
P/E	33.54	32.04	19.12
5yr Avg Cash Conversion Cycle	-33.46 Days	55.45 Days	20.0 Days
Inventory Days	151.24 Days	29.51 Days	56.18 Days
Days Receivable	24.74 Days	69.17 Days	27.02 Days
Days Payable	140.84 Days	64.19 Days	42.21 Days
5yr Average Interest Coverage Ratio	0.71	9.3	39.87
5yr Avg ROCE	-32.43 %	22.62 %	0.4 %
5yr Avg Operating Profit Margin	-8.49 %	7.28 %	5.93 %
5 yr average Debt to Equity	2.48	0.39	-1.14
5yr CAGR Net Profit	-7.36 %	85.45 %	n/a
5yr Average Return on Assets	-2.03 %	7.38 %	17.98 %
Shareholdings
Promoter Holding	55.17 %	58.74 %	74.95 %
Share Pledged by Promoters	0.0	0.0	0.02 %
Change in Promoter Holding (3 Yrs)	1.55 %	-5.55 %	23.24 %
Change in Mutual Fund Holding (3 Yrs)	0.0	-0.63 %	-0.01 %

Business

	Welspun Special.Soln	Kamdhenu	ISMT
Product Wise Break-Up	Product Wise Break-Up Steel 100.0 Paints 0 Steel Segment 0 Tube Segment 0	Product Wise Break-Up Paints 0 Steel 100.0 Steel Segment 0 Tube Segment 0	Product Wise Break-Up Paints 0 Steel 0 Steel products 18.33 Tube Segment 81.67
Location Wise Break-Up	Location Wise Break-Up India 63.46 Rest of the World 0 Others 36.54	Location Wise Break-Up Rest of the World 0 India 100.0	Location Wise Break-Up Rest of the World 11.5 India 88.5