JB Chemicals & Pharmaceuticals Ltd. benchmarking: Performance to industry peers

Financial

	JB Chem & Pharma	Gland Pharma	Ajanta Pharma
Operational Metrics
Pharmaceuticals
Number of ANDA's Filed in USA	19.0 .	388.0 .	75.0 .
Number of ANDA's Approved By USFDA	17.0 .	337.0 .	56.0 .
Domestic Sales Growth - YoY	10.1 %	n/a	7.5 %
R&D as a % of Total Sales	1.35 %	4.0 %	5.0 %
Financials
5 yr Average ROE	17.95 %	12.02 %	21.93 %
5yr average Equity Multiplier	1.51	1.15	1.33
5yr Average Asset Turnover Ratio	0.76	0.51	0.86
5yr Avg Net Profit Margin	15.74 %	20.79 %	19.12 %
Price to Book	8.66	3.68	8.77
P/E	50.78	37.15	37.6
5yr Avg Cash Conversion Cycle	15.08 Days	69.81 Days	-104.16 Days
Inventory Days	50.96 Days	118.26 Days	45.5 Days
Days Receivable	72.72 Days	99.92 Days	49.07 Days
Days Payable	94.5 Days	107.43 Days	180.12 Days
5yr Average Interest Coverage Ratio	76.53	183.05	103.83
5yr Avg ROCE	20.71 %	16.55 %	28.04 %
5yr Avg Operating Profit Margin	24.61 %	29.26 %	25.85 %
5 yr average Debt to Equity	0.07	0.01	0.01
5yr CAGR Net Profit	12.98 %	-6.87 %	8.18 %
5yr Average Return on Assets	11.91 %	10.65 %	16.5 %
Shareholdings
Promoter Holding	48.8 %	51.83 %	66.25 %
Share Pledged by Promoters	0.0	0.0	17.94 %
Change in Promoter Holding (3 Yrs)	-5.13 %	-6.03 %	0.14 %
Change in Mutual Fund Holding (3 Yrs)	2.83 %	11.53 %	1.45 %

	JB Chem & Pharma	Gland Pharma	Ajanta Pharma
Product Wise Break-Up	Product Wise Break-Up Domestic Formulations 58.22 Formulations 28.73 Contract Manufacturing 10.99 Active Pharmaceutical Ingredient (API) 1.97 Injectables 0 Pharmaceuticals 0 Pharmaceutical products 0 Others 0.09	Product Wise Break-Up Contract Manufacturing 0 Pharmaceutical 100.0 Formulations 0 Pharmaceutical products 0 Injectables 0 Domestic Formulations 0 Active Pharmaceutical Ingredient (API) 0	Product Wise Break-Up Contract Manufacturing 0 Pharmaceuticals 0 Formulations 0 Pharmaceutical 100.0 Injectables 0 Domestic Formulations 0 Active Pharmaceutical Ingredient (API) 0
Location Wise Break-Up	Location Wise Break-Up India 57.91 Rest of the World 42.09 Russia 0 South Africa 0 USA 0 Canada, Australia & New Zealand 0 Australia 0 Canada 0 Europe 0 Asia 0 Africa 0	Location Wise Break-Up Asia 0 Russia 0 USA 56.27 Canada, Australia & New Zealand 3.37 Australia 0 Canada 0 Europe 21.88 South Africa 0 Rest of the World 0 Africa 0 India 3.84 Others 14.64	Location Wise Break-Up Asia Pacific 19.39 Russia 0 USA 35.74 Canada, Australia & New Zealand 0 Australia 0 Canada 0 Europe 0 South Africa 0 Rest of the World 0 Africa 16.28 India 28.59
Customer Wise Break-Up	Customer Wise Break-Up THINQ PHARMA-CRO PVT LTD 7.83 Others 92.17	-	-
Asset Break-Up - Segment Wise	Asset Break-Up - Segment Wise India 96.32 Others 3.68	-	-