Welspun Corp Ltd. benchmarking: Performance to industry peers

Financial

	Welspun Corp	Ratnamani Metals	APL Apollo Tubes
Operational Metrics
Steel
Manufacturing Capacity - Steel Pipes	2300000.0 MTPA	510000.0 MTPA	n/a
Capacity Utilization - Steel Pipes	44.08 %	n/a	n/a
EBITDA/Tonne - Steel	23652.37 Rs/Tonne	n/a	5525.0 Rs/Tonne
Quarterly Sales Volume - Steel Pipes	272700.0 Tonnes	n/a	925000.0 Tonnes
Infrastructure
Order Book as a % of Sales	130.19 %	n/a	n/a
Financials
5 yr Average ROE	15.68 %	16.53 %	21.21 %
5yr average Equity Multiplier	2.3	1.34	2.09
5yr Average Asset Turnover Ratio	0.92	1.09	2.46
5yr Avg Net Profit Margin	7.93 %	11.3 %	4.13 %
Price to Book	4.35	5.13	9.91
P/E	18.38	33.93	43.64
5yr Avg Cash Conversion Cycle	76.45 Days	132.97 Days	-12.78 Days
Inventory Days	89.16 Days	98.26 Days	27.32 Days
Days Receivable	46.48 Days	77.18 Days	3.35 Days
Days Payable	42.14 Days	47.57 Days	37.78 Days
5yr Average Interest Coverage Ratio	7.49	20.27	12.14
5yr Avg ROCE	14.27 %	21.34 %	24.0 %
5yr Avg Operating Profit Margin	8.72 %	16.81 %	6.79 %
5 yr average Debt to Equity	0.37	0.07	0.26
5yr CAGR Net Profit	19.98 %	14.53 %	16.03 %
5yr Average Return on Assets	7.47 %	12.3 %	10.16 %
Shareholdings
Promoter Holding	49.73 %	59.77 %	28.25 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.26 %	-0.29 %	-2.9 %
Change in Mutual Fund Holding (3 Yrs)	6.77 %	3.06 %	4.17 %

	Welspun Corp	Ratnamani Metals	APL Apollo Tubes
Product Wise Break-Up	Product Wise Break-Up HSAW 75.82 LSAW Pipe 15.94 ERW Pipe 8.24 Bearing Rings 0 Wind mills 0 Steel tubes and pipes 0 Galvanized tubes 0 Pre-galvanized tubes (GP) 0 Black round pipes 0 Hollow sections 0	Product Wise Break-Up HSAW 0 Black round pipes 0 Steel Pipes & Tubes 72.41 Hollow sections 0 Galvanized tubes 0 Pre-galvanized tubes (GP) 0 ERW Pipe 0 Wind mills 0 Bearing Rings 9.24 LSAW Pipe 0 Others 18.35	Product Wise Break-Up HSAW 0 Black round pipes 0 Steel tubes and pipes 0 Hollow sections 69.0 Galvanized tubes 0 Pre-galvanized tubes (GP) 27.0 ERW Pipe 0 Wind mills 0 Bearing Rings 0 LSAW Pipe 0 Others 4.0
Location Wise Break-Up	Location Wise Break-Up India 66.82 Rest of the World 33.18	Location Wise Break-Up Rest of the World 36.12 India 63.88	Location Wise Break-Up Rest of the World 0 India 97.0 Others 3.0
Plant Wise Break-Up	Plant Wise Break-Up India 57.18 Saudi Arabia 34.18 USA 8.64	-	-
Order Book Break-Up - Location Wise	Order Book Break-Up - Location Wise USA 40.22 India 36.43 Saudi Arabia 23.35	-	-
Order Book Break-Up - Segment Wise	Order Book Break-Up - Segment Wise HSAW 76.54 LSAW 18.92 ERW Pipe 4.54	-	-