Vardhman Holdings Ltd.

Financial

	Vardhman Holdings	Jindal Photo	STEL Holdings
Operational Metrics
Financials
5 yr Average ROE	8.31 %	4.61 %	1.77 %
5yr average Equity Multiplier	1.0	2.28	1.02
5yr Average Asset Turnover Ratio	0.01	0.0	0.02
5yr Avg Net Profit Margin	1568.84 %	113671.58 %	76.0 %
5yr Avg Net Profit Margin	1568.84 %	n/a	n/a
5yr CAGR Net Profit	2.97 %	n/a	n/a
5yr CAGR Sales	-4.72 %	n/a	n/a
5 yr CAGR PPOP	n/a	n/a	n/a
Price to Book	0.35	0.36	0.37
P/E	5.68	2.87	48.42
Shareholdings
Promoter Holding	74.9 %	74.2 %	69.47 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	1.48 %	9.38 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0

Business

	Vardhman Holdings	Jindal Photo	STEL Holdings
Product Wise Break-Up	Product Wise Break-Up Net gain on fair value changes 89.04 Interest Income 10.96 Dividend Income 0 Interest Income 0 0	Product Wise Break-Up 0 Financial Services 100.0 Interest Income 0 Dividend Income 0	Product Wise Break-Up Dividend 100.0 Net gain on fair value changes 0 Interest Income 0 Dividend Income 0
Location Wise Break-Up	Location Wise Break-Up India 100.0	-	Location Wise Break-Up India 100.0