Sharda Motor Industries Ltd.

Financial

	Sharda Motor Inds.	Jamna Auto Inds.	Frontier Springs
Operational Metrics
Auto Ancillary Sector
Annual production- Exhaust system	1.0 Mn Units	n/a	n/a
Annual production- Suspension system	0.18 Mn Units	n/a	n/a
Unclassified
R&D as a % of Total Sales	0.2 %	0.03 %	n/a
Financials
5 yr Average ROE	22.61 %	17.32 %	16.13 %
5yr average Equity Multiplier	2.18	4.37	1.43
5yr Average Asset Turnover Ratio	1.52	1.26	1.04
5yr Avg Net Profit Margin	6.98 %	6.98 %	10.59 %
Price to Book	5.76	3.63	14.79
P/E	19.41	19.99	52.88
5yr Avg Cash Conversion Cycle	-23.74 Days	52.85 Days	-12.22 Days
Inventory Days	28.16 Days	54.07 Days	71.82 Days
Days Receivable	36.29 Days	18.05 Days	43.66 Days
Days Payable	93.05 Days	26.04 Days	141.95 Days
5yr Average Interest Coverage Ratio	125.45	37.89	23.9
5yr Avg ROCE	24.04 %	23.84 %	19.48 %
5yr Avg Operating Profit Margin	10.36 %	12.1 %	15.85 %
5 yr average Debt to Equity	0.0	0.19	0.08
5yr CAGR Net Profit	41.78 %	33.81 %	1.67 %
5yr Average Return on Assets	10.63 %	8.48 %	11.21 %
Shareholdings
Promoter Holding	64.31 %	49.94 %	51.76 %
Share Pledged by Promoters	0.0	1.52 %	0.0
Change in Promoter Holding (3 Yrs)	-8.89 %	-0.04 %	0.0
Change in Mutual Fund Holding (3 Yrs)	11.4 %	-7.31 %	0.0

Business

	Sharda Motor Inds.	Jamna Auto Inds.	Frontier Springs
Product Wise Break-Up	Product Wise Break-Up Suspension 100.0 Car seats frame and seats cover 0 Automobile suspension products 0 Sales-Scrap 0 Sales-Roofing Sheet 0 Sales-forging 0 Sales-Springs 0	Product Wise Break-Up Suspension 0 Sales-Roofing Sheet 0 Car seats frame and seats cover 0 Suspension 100.0 Sales-Scrap 0 Sales-forging 0 Sales-Springs 0	Product Wise Break-Up Suspension 0 Roofing 0.01 Car seats frame and seats cover 0 Automobile suspension products 0 scrap 2.32 Forgings 30.92 Sales-Springs 66.76
Location Wise Break-Up	Location Wise Break-Up India 99.28 Rest of the World 0 Others 0.72	Location Wise Break-Up Rest of the World 1.63 India 98.37	-