Rishabh Instruments Ltd.

Financial

	Rishabh Instruments	MM Forgings	Nelcast
Operational Metrics
Unclassified
R&D as a % of Total Sales	2.36 %	n/a	n/a
Financials
5 yr Average ROE	9.58 %	15.1 %	5.75 %
5yr average Equity Multiplier	1.56	2.54	2.12
5yr Average Asset Turnover Ratio	0.84	0.75	1.02
5yr Avg Net Profit Margin	7.21 %	7.9 %	2.52 %
Price to Book	2.7	1.73	2.58
P/E	42.62	13.89	34.06
5yr Avg Cash Conversion Cycle	55.03 Days	65.54 Days	-7.2 Days
Inventory Days	82.92 Days	71.89 Days	55.5 Days
Days Receivable	66.99 Days	75.21 Days	93.43 Days
Days Payable	111.93 Days	84.32 Days	129.03 Days
5yr Average Interest Coverage Ratio	11.91	4.9	2.26
5yr Avg ROCE	11.81 %	15.9 %	9.67 %
5yr Avg Operating Profit Margin	12.22 %	18.44 %	6.89 %
5 yr average Debt to Equity	0.22	1.22	0.59
5yr CAGR Net Profit	-8.2 %	21.48 %	30.27 %
5yr Average Return on Assets	6.01 %	5.97 %	2.68 %
Shareholdings
Promoter Holding	69.81 %	56.34 %	74.87 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.87 %	0.0	0.0
Change in Mutual Fund Holding (3 Yrs)	-2.53 %	-10.39 %	0.0

Business

	Rishabh Instruments	MM Forgings	Nelcast
Product Wise Break-Up	Product Wise Break-Up Aluminium high pressure die castings 39.8 Metering, control and protection devices 36.5 Electrical Automation 15.0 Portable test and measuring instruments 7.1 Solar string inverters 0 Steel Forgings 0 Iron Castings 0 Others 1.6	Product Wise Break-Up Iron Castings 0 0 Electrical Automation 0 Aluminium high pressure die castings 0 Steel Forgings 99.07 Solar string inverters 0 Portable test and measuring instruments 0 Others 0.93	Product Wise Break-Up Iron and Steel Castings 100.0 0 Electrical Automation 0 Aluminium high pressure die castings 0 Steel Forgings 0 Solar string inverters 0 Portable test and measuring instruments 0
Location Wise Break-Up	Location Wise Break-Up Europe ( Ex Poland) 49.5 Asia 28.3 Poland 16.5 USA 5.2 South America 0 Europe 0 Rest of the World 0 India 0 Others 0.5	Location Wise Break-Up Europe ( Ex Poland) 0 Asia 0 Rest of the World 38.5 Poland 0 USA 0 South America 0 India 61.5 Europe 0	Location Wise Break-Up Europe ( Ex Poland) 0 Asia 0 Rest of the World 35.9 Poland 0 USA 0 South America 0 India 64.1 Europe 0
Asset Break-Up - Geography Wise	Asset Break-Up - Geography Wise Poland 73.01 Asia 26.6 Europe ( Ex Poland) 0.22 USA 0.17	-	-