Naperol Investments Key Ratios

Dupont Analysis

Metric	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
ROE	10.90%	14.04%	1.81%	2.27%	0.55%
PAT margin	2.40%	9.85%	9.37%	38.23%	31.29%
Asset Turnover	0.33x	0.33x	0.15x	0.17x	0.17x
Leverage	1.08x	1.11x	1.30x	1.43x	1.36x

Metric	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Inventory Days	15.0	21.1	53.6	33.6	36.2
Receivable Days	50.1	38.0	60.0	45.5	33.4
Payable Days	87.7	93.2	94.7	91.2	56.5
Cash Conversion Cycle	-22.6	-34.0	18.9	-12.1	13.1

Metric	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
ROE	10.90%	14.04%	1.81%	2.27%	0.55%
ROCE	16.67%	20.86%	2.91%	2.32%	1.53%
ROA	10.09%	12.63%	1.39%	1.58%	0.40%