Stylam Industries Ltd.

Financial

	Stylam Industries	Greenpanel Inds.	Greenply Industries
Operational Metrics
Paper & Board
Capacity Utilization - Laminates	74.0 %	n/a	n/a
Manufacturing Capacity - Laminates	20.0 Million Sheets	n/a	n/a
Quarterly Sales Volume- Laminates	2.74 Mn Sheets	n/a	n/a
Financials
5 yr Average ROE	19.4 %	13.84 %	13.39 %
5yr average Equity Multiplier	1.5	1.74	2.31
5yr Average Asset Turnover Ratio	1.4	0.85	1.25
5yr Avg Net Profit Margin	9.79 %	9.34 %	4.74 %
Price to Book	4.3	2.41	4.75
P/E	23.21	153.59	44.15
5yr Avg Cash Conversion Cycle	88.08 Days	-12.25 Days	8.62 Days
Inventory Days	55.78 Days	42.08 Days	54.86 Days
Days Receivable	57.48 Days	7.9 Days	41.99 Days
Days Payable	45.53 Days	76.96 Days	86.82 Days
5yr Average Interest Coverage Ratio	22.31	12.35	7.91
5yr Avg ROCE	27.29 %	16.79 %	16.06 %
5yr Avg Operating Profit Margin	17.98 %	20.24 %	9.37 %
5 yr average Debt to Equity	0.23	0.42	0.67
5yr CAGR Net Profit	46.75 %	58.07 %	8.51 %
5yr Average Return on Assets	13.95 %	8.78 %	5.86 %
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 %	-0.6 %
Change in Mutual Fund Holding (3 Yrs)	4.02 %	8.27 %	-2.21 %

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 Plywood And Allied Products 0 Laminates 0 Medium Density Fibre Board 0 Medium Density Fiber Board 90.42 Plywood 9.58	Product Wise Break-Up Government grants 0 Plywood 75.5 Laminates 0 Medium Density Fiber Board 24.5 0 Plywood and allied products 0
Location Wise Break-Up	Location Wise Break-Up India 27.56 Rest of the World 0 Others 72.44	Location Wise Break-Up Rest of the World 10.59 India 89.41	Location Wise Break-Up Rest of the World 0.06 India 99.94