Salzer Electronics Ltd.

Financial

	Salzer Electronics	Virtuoso Optoelectro	Igarashi Motors
Operational Metrics
Financials
5 yr Average ROE	8.1 %	11.11 %	2.92 %
5yr average Equity Multiplier	2.1	3.98	1.63
5yr Average Asset Turnover Ratio	1.05	1.35	0.9
5yr Avg Net Profit Margin	3.68 %	2.0 %	2.0 %
Price to Book	2.7	0.0	3.37
P/E	21.11	104.64	84.64
5yr Avg Cash Conversion Cycle	141.66 Days	45.69 Days	48.6 Days
Inventory Days	90.85 Days	98.7 Days	53.31 Days
Days Receivable	96.33 Days	14.64 Days	82.91 Days
Days Payable	44.13 Days	59.06 Days	74.1 Days
5yr Average Interest Coverage Ratio	2.75	1.64	1.94
5yr Avg ROCE	15.76 %	21.42 %	5.8 %
5yr Avg Operating Profit Margin	9.76 %	10.09 %	10.69 %
5 yr average Debt to Equity	0.65	1.98	0.22
5yr CAGR Net Profit	19.9 %	37.36 %	-1.16 %
5yr Average Return on Assets	3.87 %	2.7 %	1.78 %
Shareholdings
Promoter Holding	37.54 %	53.69 %	75.0 %
Share Pledged by Promoters	17.16 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	5.2 %	-19.82 %	0.0
Change in Mutual Fund Holding (3 Yrs)	0.01 %	0.0	0.05 %

Business

	Salzer Electronics	Virtuoso Optoelectro	Igarashi Motors
Product Wise Break-Up	Product Wise Break-Up Industrial Switchgear 54.6 Wire & Cables 40.8 Construction 4.6 Transformers 0 Energy management 0 Air Conditioners 0 0	Product Wise Break-Up Wire & Cables 0 Transformers 0 0 Energy management 0 Consumer Durables 75.0 Construction 0 Industrial Switchgear 0 Others 25.0	Product Wise Break-Up Wire & Cables 0 Transformers 0 Electric Motors 83.0 Energy management 0 Air Conditioners 0 Construction 0 Industrial Switchgear 0 Others 17.0
Location Wise Break-Up	Location Wise Break-Up India 75.8 Asia Pacific 11.2 USA 6.4 Europe 5.3 Middle East 1.3 Japan 0 Rest of the World 0 Hong Kong 0 Germany 0	-	Location Wise Break-Up Hong Kong 0.12 Rest of the World 10.32 Japan 41.38 Germany 0.64 Middle East 0 USA 2.2 Asia Pacific 0 India 45.35 Europe 0