Welspun Specialty Solutions Ltd. benchmarking: Performance to industry peers

Financial

	Welspun Special.Soln	Kalyani Steels	Vardhman Spl. Steel
Operational Metrics
Steel
Realization/Tonne - Steel	336750.77 Rs/MT	n/a	n/a
Quarterly Sales Volume - Stainless Steel	n/a	n/a	n/a
Financials
5 yr Average ROE	14.42 %	15.38 %	13.35 %
5yr average Equity Multiplier	6.83	1.49	1.54
5yr Average Asset Turnover Ratio	0.94	0.77	1.57
5yr Avg Net Profit Margin	-2.44 %	13.47 %	5.53 %
Price to Book	8.46	1.7	3.42
P/E	170.31	13.85	29.33
5yr Avg Cash Conversion Cycle	43.72 Days	82.22 Days	72.25 Days
Inventory Days	135.69 Days	43.45 Days	73.09 Days
Days Receivable	54.91 Days	78.46 Days	53.93 Days
Days Payable	87.59 Days	65.97 Days	56.88 Days
5yr Average Interest Coverage Ratio	0.89	22.83	8.0
5yr Avg ROCE	11.03 %	19.82 %	18.65 %
5yr Avg Operating Profit Margin	2.06 %	19.18 %	8.37 %
5 yr average Debt to Equity	3.28	0.2	0.16
5yr CAGR Net Profit	n/a	13.41 %	-1.51 %
5yr Average Return on Assets	0.36 %	10.28 %	8.65 %
Shareholdings
Promoter Holding	55.17 %	64.7 %	51.06 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.0	-9.65 %
Change in Mutual Fund Holding (3 Yrs)	0.0	2.45 %	2.27 %

	Welspun Special.Soln	Kalyani Steels	Vardhman Spl. Steel
Product Wise Break-Up	Product Wise Break-Up Steel 100.0 Coke 0 Pig Iron 0 Rolled Products 0 Blooms and Rounds 0 Bright bars 0 Black bars 0	Product Wise Break-Up Pig Iron 0.5 Bright bars 0 Rolled Products 89.12 Steel 0 Coke 3.21 Blooms 7.17 Black bars 0	Product Wise Break-Up Pig Iron 0 Bright Bars 23.18 Rolled Products 0 Steel 0 Coke 0 Blooms and Rounds 0 Black bars 75.01 Others 1.81
Location Wise Break-Up	Location Wise Break-Up India 63.85 Rest of the World 0 Others 36.15	Location Wise Break-Up India 99.3 Rest of the World 0.7	Location Wise Break-Up India 92.0 Rest of the World 8.0