Stylam Industries Ltd.

Financial

	Stylam Industries	Greenpanel Inds.	Greenply Industries
Operational Metrics
Laminates
Capacity Utilization - Laminates	74.0 %	n/a	n/a
Manufacturing Capacity - Laminates	16.0 Million Sheets	n/a	n/a
Quarterly Sales Volume- Laminates	3.04 Mn Sheets	n/a	n/a
Financials
5 yr Average ROE	19.4 %	13.84 %	13.62 %
5yr average Equity Multiplier	1.5	1.74	2.34
5yr Average Asset Turnover Ratio	1.4	0.85	1.29
5yr Avg Net Profit Margin	9.79 %	9.34 %	4.67 %
Price to Book	4.97	2.28	4.99
P/E	22.93	21.0	36.3
5yr Avg Cash Conversion Cycle	88.08 Days	-12.25 Days	21.41 Days
Inventory Days	55.78 Days	42.08 Days	51.07 Days
Days Receivable	57.48 Days	7.9 Days	40.0 Days
Days Payable	45.53 Days	76.96 Days	84.91 Days
5yr Average Interest Coverage Ratio	22.31	12.35	7.95
5yr Avg ROCE	27.29 %	16.79 %	18.83 %
5yr Avg Operating Profit Margin	17.98 %	20.24 %	9.65 %
5 yr average Debt to Equity	0.23	0.42	0.69
5yr CAGR Net Profit	46.75 %	58.07 %	8.17 %
5yr Average Return on Assets	13.95 %	8.78 %	5.91 %
Shareholdings
Promoter Holding	52.19 %	53.13 %	51.69 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-2.42 %	0.03 %	-0.62 %
Change in Mutual Fund Holding (3 Yrs)	3.67 %	8.49 %	-2.27 %

Business

	Stylam Industries	Greenpanel Inds.	Greenply Industries
Product Wise Break-Up	Product Wise Break-Up Laminates 100.0 Government grants 0 0 Plywood and allied products 0 Medium Density Fibre Board 0 Plywood And Allied Products 0	Product Wise Break-Up Government grants 0 Medium Density Fibre Board 0 Plywood And Allied Products 0 Laminates 0 Plywood 10.94 Medium Density Fiber Board 89.06	Product Wise Break-Up Government grants 0 Medium Density Fiber Board 22.11 Plywood 77.89 Laminates 0 Plywood and allied products 0 0
Location Wise Break-Up	Location Wise Break-Up India 27.06 Rest of the World 0 Others 72.94	Location Wise Break-Up India 89.08 Rest of the World 10.92	Location Wise Break-Up India 99.62 Rest of the World 0.38