Solar Industries India Ltd.

Financial

	Solar Industries	GOCL Corporation	Premier Explosives
Operational Metrics
Explosives
Realization/Tonne - Explosives	44805.0 Rs/MT	48349.99 Rs/MT	n/a
Annual Sales Volume - Bulk Explosive	617684.0 Tonne	76939.0 Tonne	n/a
Unclassified
Order Book as a % of Sales	89.09 %	n/a	575.96 %
Financials
5 yr Average ROE	22.01 %	9.35 %	0.16 %
5yr average Equity Multiplier	1.85	2.34	1.67
5yr Average Asset Turnover Ratio	1.07	0.22	0.6
5yr Avg Net Profit Margin	11.14 %	18.96 %	-0.52 %
Price to Book	27.52	1.45	11.72
P/E	97.48	35.59	103.67
5yr Avg Cash Conversion Cycle	58.43 Days	29.38 Days	141.58 Days
Inventory Days	48.6 Days	60.31 Days	80.71 Days
Days Receivable	36.02 Days	30.75 Days	113.11 Days
Days Payable	40.35 Days	71.41 Days	65.34 Days
5yr Average Interest Coverage Ratio	10.44	3.51	1.03
5yr Avg ROCE	27.11 %	7.58 %	4.16 %
5yr Avg Operating Profit Margin	20.41 %	29.11 %	7.7 %
5 yr average Debt to Equity	0.48	1.09	0.31
5yr CAGR Net Profit	23.68 %	39.09 %	-9.46 %
5yr Average Return on Assets	11.86 %	3.85 %	0.1 %
Shareholdings
Promoter Holding	73.15 %	72.82 %	41.33 %
Share Pledged by Promoters	0.55 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-1.01 %	0.0
Change in Mutual Fund Holding (3 Yrs)	-2.38 %	1.44 %	5.83 %

Business

	Solar Industries	GOCL Corporation	Premier Explosives
Product Wise Break-Up	Product Wise Break-Up Explosive 83.47 Initiating Systems 16.53 Defence 0 Energetics 0 Realty 0 Metal Clad 0 SPG 0 Explosive 0 Defence & Space Services 0 Services 0 Detonators, Propellants, etc. 0	Product Wise Break-Up Defence 0 Energetics 12.3 Initiating Systems 0 Realty 1.3 Detonators, Propellants, etc. 0 Services 0 Metal Clad 0 SPG 1.8 Explosive 59.7 Defence & Space Services 0 Others 24.9	Product Wise Break-Up Defence 0 Energetics 0 Initiating Systems 0 Realty 0 Detonators, Propellants, etc. 0 Services 0 Metal Clad 0 SPG 0 Explosive 0 Defence & Space Services 51.57 Others 48.43
Location Wise Break-Up	Location Wise Break-Up India 56.96 Rest of the World 43.04	Location Wise Break-Up India 90.2 Rest of the World 9.8	Location Wise Break-Up India 83.45 Rest of the World 16.55
Customer Wise Break-Up	Customer Wise Break-Up Export 44.0 Housing 18.0 Non CIL & Institutional 17.0 Coal 16.0 Defence 4.0 Others 1.0	-	-
Asset Break-Up	Asset Break-Up India 77.43 Outside India 22.57 Realty 0 Energetics and Explosives 0	Asset Break-Up Outside India 0 Realty 7.11 India 0 Energetics and Explosives 10.84 Others 82.05	-
Order Book Break-Up	Order Book Break-Up Coal 62.02 Defence 37.98 SCCL’s 0	-	-