India Nippon Electricals Ltd.

Financial

	India Nipon Electric	Federal-Mogul Goetze	Precision Camshafts
Operational Metrics
Unclassified
R&D as a % of Total Sales	6.5 %	0.01 %	n/a
Financials
5 yr Average ROE	9.69 %	8.15 %	5.16 %
5yr average Equity Multiplier	1.38	1.49	1.48
5yr Average Asset Turnover Ratio	0.84	1.01	0.87
5yr Avg Net Profit Margin	8.48 %	5.35 %	3.98 %
Price to Book	3.31	2.19	2.4
P/E	26.98	16.33	31.0
5yr Avg Cash Conversion Cycle	10.77 Days	-65.22 Days	-3.4 Days
Inventory Days	30.26 Days	46.91 Days	64.58 Days
Days Receivable	66.59 Days	62.09 Days	71.74 Days
Days Payable	84.31 Days	199.27 Days	113.57 Days
5yr Average Interest Coverage Ratio	164.57	23.88	8.02
5yr Avg ROCE	11.58 %	12.13 %	5.82 %
5yr Avg Operating Profit Margin	9.3 %	13.28 %	10.14 %
5 yr average Debt to Equity	0.0	0.0	0.17
5yr CAGR Net Profit	15.73 %	214.1 %	88.23 %
5yr Average Return on Assets	7.11 %	5.61 %	3.54 %
Shareholdings
Promoter Holding	70.37 %	74.98 %	65.37 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.02 %	0.0	0.0
Change in Mutual Fund Holding (3 Yrs)	0.0	-1.62 %	0.0

Business

	India Nipon Electric	Federal-Mogul Goetze	Precision Camshafts
Product Wise Break-Up	Product Wise Break-Up Auto Ancillary 100.0 Ignition Systems 0 Value train and structural components 0 Pistons , Piston rings and piston pins 0 Machined Camshafts 0 Casting Camshafts 0	Product Wise Break-Up Piston 100.0 Auto Ancillary 0 Ignition Systems 0 Casting Camshafts 0 Machined Camshafts 0 Value train and structural components 0	Product Wise Break-Up Pistons , Piston rings and piston pins 0 Auto Ancillary 0 Ignition Systems 0 Casting Camshafts 69.82 Machined Camshafts 30.18 Value train and structural components 0
Location Wise Break-Up	Location Wise Break-Up India 96.0 Rest of the World 4.0 Europe 0 China 0 Asia Ex India 0	Location Wise Break-Up China 0 Asia Ex India 0 Rest of the World 7.85 India 90.33 Europe 0 Others 1.82	Location Wise Break-Up China 0 Asia Pacific 10.0 Rest of the World 0 India 48.31 Europe 23.14 Others 18.55
Capex	Capex India 87.37 Rest of the World 12.63	-	-
Asset Break-Up	Asset Break-Up India 96.06 Europe 0 Others 3.94	-	Asset Break-Up India 89.91 Europe 10.09