Harsha Engineers International Ltd.

Financial

	Harsha Engineers Int	Rolex Rings	NRB Bearings
Operational Metrics
Financials
5 yr Average ROE	11.03 %	22.47 %	14.69 %
5yr average Equity Multiplier	1.96	1.84	2.12
5yr Average Asset Turnover Ratio	0.95	1.01	0.69
5yr Avg Net Profit Margin	6.33 %	12.94 %	10.45 %
Price to Book	2.99	3.52	3.15
P/E	41.12	21.79	33.41
5yr Avg Cash Conversion Cycle	114.89 Days	79.03 Days	106.69 Days
Inventory Days	95.52 Days	80.27 Days	113.15 Days
Days Receivable	79.8 Days	66.63 Days	58.16 Days
Days Payable	75.32 Days	86.49 Days	104.78 Days
5yr Average Interest Coverage Ratio	10.44	25.12	8.88
5yr Avg ROCE	16.32 %	27.26 %	12.83 %
5yr Avg Operating Profit Margin	12.17 %	20.42 %	15.73 %
5 yr average Debt to Equity	0.6	0.44	0.37
5yr CAGR Net Profit	14.47 %	24.13 %	8.0 %
5yr Average Return on Assets	6.09 %	13.12 %	7.21 %
Shareholdings
Promoter Holding	74.72 %	53.35 %	51.2 %
Share Pledged by Promoters	0.0	0.0	65.9 %
Change in Promoter Holding (3 Yrs)	0.11 %	-4.29 %	1.34 %
Change in Mutual Fund Holding (3 Yrs)	4.07 %	9.0 %	1.29 %

Business

	Harsha Engineers Int	Rolex Rings	NRB Bearings
Segment Break-Up	Segment Break-Up Engineering 88.56 Solar 11.44 Diversified Auto Components 0	Segment Break-Up Solar 0 Engineering 0 Auto Ancillary 100.0	-
Location Wise Break-Up	Location Wise Break-Up India 45.16 USA 0 China 0 Europe 0 Rest of the World 0 Others 54.84	Location Wise Break-Up China 0 Rest of the World 0 USA 0 India 47.0 Europe 0 Others 53.0	Location Wise Break-Up China 0 Rest of the World 26.35 USA 0 India 73.65 Europe 0
Operating Profit Break-Up	Operating Profit Break-Up Engineering 100.0 Solar 0	-	-
Customer Wise Break-Up	Customer Wise Break-Up Top 10 Customers 44.7 Others 55.3	-	-
Asset Break-Up	Asset Break-Up India 67.31 Others 32.69	-	-