Concord Enviro Systems Ltd.

Financial

	Concord Enviro Sys.	ION Exchage	Praj Industries
Operational Metrics
Financials
5 yr Average ROE	-40.63 %	22.67 %	17.37 %
5yr average Equity Multiplier	-13.89	2.5	2.27
5yr Average Asset Turnover Ratio	0.67	0.98	1.06
5yr Avg Net Profit Margin	4.54 %	9.22 %	7.12 %
Price to Book	1.99	5.24	5.48
P/E	17.74	29.91	54.03
5yr Avg Cash Conversion Cycle	72.91 Days	17.77 Days	-31.82 Days
Inventory Days	136.06 Days	35.41 Days	33.39 Days
Days Receivable	101.83 Days	137.93 Days	76.42 Days
Days Payable	186.07 Days	176.76 Days	108.9 Days
5yr Average Interest Coverage Ratio	2.0	18.25	49.91
5yr Avg ROCE	80.8 %	29.37 %	22.27 %
5yr Avg Operating Profit Margin	16.12 %	12.63 %	8.75 %
5 yr average Debt to Equity	-10.17	0.12	0.0
5yr CAGR Net Profit	39.44 %	7.62 %	21.98 %
5yr Average Return on Assets	3.13 %	9.06 %	7.58 %
Shareholdings
Promoter Holding	51.39 %	25.7 %	32.81 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-1.31 %	-0.02 %
Change in Mutual Fund Holding (3 Yrs)	4.1 %	4.53 %	7.7 %

Business

	Concord Enviro Sys.	ION Exchage	Praj Industries
Product Wise Break-Up	Product Wise Break-Up Water & Wastewater Treatment 59.61 Consumables and Spares (including membranes, plants chemicals) 20.8 Operations and Maintenance 19.59 Consumer Products 0 Chemicals 0 Engineering 0 HiPurity 0 Engineering Business 0 Bioenergy 0	Product Wise Break-Up Engineering 53.25 0 HiPurity 0 Engineering Business 0 Water & Wastewater Treatment 0 Bioenergy 0 Consumer Durable 15.11 Operations and Maintenance 0 Chemicals 31.64	Product Wise Break-Up Engineering 0 0 HiPurity 10.0 Engineering 20.0 Water & Wastewater Treatment 0 Bioenergy 70.0 Consumer Products 0 Operations and Maintenance 0 Chemicals 0
Location Wise Break-Up	Location Wise Break-Up India 58.23 Rest of the World 0 Others 41.77	Location Wise Break-Up Rest of the World 21.7 India 78.3	Location Wise Break-Up Rest of the World 24.0 India 76.0
Verticals	Verticals Food & Beverage 39.56 Chemicals 10.51 Defence 6.71 Textiles 1.68 Leachate 0.16 Government 0 Others 41.38	-	-
Asset Break-Up - Geography Wise	Asset Break-Up - Geography Wise Outside India 63.7 India 36.3	-	-