Dalmia Industrial Development Key Ratios

Dupont Analysis

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017
ROE	0.36%	0.67%	0.41%	0.27%
PAT margin	0.24%	0.18%	0.27%	2.40%
Asset Turnover	0.12x	2.14x	2.05x	0.99x
Leverage	1.22x	1.16x	1.14x	1.13x

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017
Inventory Days	0.0	25.6	27.5	102.4
Receivable Days	9.9	8.2	19.9	49.3
Payable Days	0.0	9.4	17.4	42.8
Cash Conversion Cycle	9.9	24.4	30.0	108.8

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017
ROE	0.36%	0.67%	0.41%	0.27%
ROCE	0.45%	0.91%	0.61%	0.39%
ROA	0.29%	0.58%	0.36%	0.24%