Poddar Pigments Ltd. benchmarking: Performance to industry peers

Financial

	Poddar Pigments	Shankar Lal Rampal	Asahi Songwon Colors
Operational Metrics
Paints & Coatings
Capacity Utilization - Pigments	95.0 %	n/a	n/a
Manufacturing Capacity - Pigments	14100.0 MTPA	n/a	16200.0 MTPA
Financials
5 yr Average ROE	8.06 %	16.95 %	7.68 %
5yr average Equity Multiplier	1.2	1.25	2.17
5yr Average Asset Turnover Ratio	0.87	2.8	0.85
5yr Avg Net Profit Margin	7.66 %	4.65 %	4.4 %
Price to Book	0.73	2.37	1.14
P/E	17.69	24.65	18.9
5yr Avg Cash Conversion Cycle	84.93 Days	69.69 Days	48.77 Days
Inventory Days	55.82 Days	10.14 Days	63.52 Days
Days Receivable	57.11 Days	60.52 Days	87.65 Days
Days Payable	26.9 Days	3.27 Days	85.08 Days
5yr Average Interest Coverage Ratio	64.03	17.49	6.72
5yr Avg ROCE	10.66 %	24.37 %	6.69 %
5yr Avg Operating Profit Margin	10.22 %	6.65 %	8.12 %
5 yr average Debt to Equity	0.01	0.18	0.58
5yr CAGR Net Profit	-0.72 %	8.34 %	-9.32 %
5yr Average Return on Assets	6.68 %	13.09 %	3.43 %
Shareholdings
Promoter Holding	62.43 %	73.61 %	67.0 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.1 %	0.27 %
Change in Mutual Fund Holding (3 Yrs)	-0.01 %	0.0	0.0

	Poddar Pigments	Shankar Lal Rampal	Asahi Songwon Colors
Product Wise Break-Up	Product Wise Break-Up Special Master Batches 100.0 Commission Income 0 Dyes & Chemicals 0 AZO 0 API 0 Phthalocyanine 0	Product Wise Break-Up Dyes & Chemicals 100.0 API 0 Commission Income 0 AZO 0 Phthalocyanine 0 Special Master Batches 0	Product Wise Break-Up Dyes & Chemicals 0 API 22.0 Commission Income 0 AZO 12.0 Phthalocyanine 66.0 Special Master Batches 0
Location Wise Break-Up	Location Wise Break-Up India 84.81 Rest of the World 15.19 Domestic 0	Location Wise Break-Up India 0 India 99.95 Rest of the World 0 Others 0.05	Location Wise Break-Up India 34.0 Domestic 0 Rest of the World 64.0 Others 2.0
Raw Material Break-Up	Raw Material Break-Up Pigments 59.45 Polymer Resins 35.72 Waxes 2.95 Others 1.88	-	-