Websol Energy System Ltd.

Financial

	Websol Energy System	Insolation Energy	Borosil Renewables
Operational Metrics
Renewable
Manufacturing Capacity - Solar Panels	250.0 MW	950.0 MW	n/a
Financials
5 yr Average ROE	-17.58 %	34.26 %	6.18 %
5yr average Equity Multiplier	2.03	2.92	1.54
5yr Average Asset Turnover Ratio	0.41	2.49	0.63
5yr Avg Net Profit Margin	-113.3 %	4.86 %	8.33 %
Price to Book	20.1	0.0	7.57
P/E	28.09	41.92	0.0
5yr Avg Cash Conversion Cycle	-715.5 Days	32.33 Days	9.84 Days
Inventory Days	145.35 Days	38.84 Days	67.41 Days
Days Receivable	17.52 Days	19.89 Days	28.77 Days
Days Payable	453.99 Days	22.5 Days	93.91 Days
5yr Average Interest Coverage Ratio	-4.91	5.72	12.5
5yr Avg ROCE	-2.33 %	37.18 %	6.32 %
5yr Avg Operating Profit Margin	-13.4 %	8.04 %	11.64 %
5 yr average Debt to Equity	0.57	1.19	0.28
5yr CAGR Net Profit	n/a	51.5 %	n/a
5yr Average Return on Assets	-4.53 %	12.21 %	4.65 %
Shareholdings
Promoter Holding	27.71 %	66.02 %	61.93 %
Share Pledged by Promoters	88.12 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	2.34 %	-3.87 %	0.28 %
Change in Mutual Fund Holding (3 Yrs)	0.42 %	0.0	0.2 %

Business

	Websol Energy System	Insolation Energy	Borosil Renewables
Product Wise Break-Up	Product Wise Break-Up Solar photo-Voltaic Cells and Modules 100.0 Solar Panels 0 Flat Glass 0 Consumer-ware 0 Scientific-ware 0	Product Wise Break-Up Solar Panels 100.0 Flat Glass 0 Consumer-ware 0 Solar photo-Voltaic Cells and Modules 0 Scientific-ware 0	Product Wise Break-Up Solar Panels 0 Speciality Glass 100.0 Consumer-ware 0 Solar photo-Voltaic Cells and Modules 0 Scientific-ware 0
Location Wise Break-Up	Location Wise Break-Up India 100.0 International 0	Location Wise Break-Up India 100.0 International 0	Location Wise Break-Up India 94.55 International 5.45
Raw Material Break-Up	Raw Material Break-Up Silicon Wafers 54.4 Silver & Aluminum Paste 17.84 Others 27.76	-	-