Titan Securities Ltd. benchmarking: Perfomance to industry peers

Financial

	Titan Securities	Pioneer Investcorp	Tilak Ventures
Operational Metrics
Financials
5 yr Average ROE	17.44 %	2.54 %	3.63 %
5yr average Equity Multiplier	1.04	2.14	1.04
5yr Average Asset Turnover Ratio	0.27	0.12	0.12
5yr Avg Net Profit Margin	178.87 %	10.59 %	23.33 %
Price to Book	1.03	0.69	0.84
P/E	10.11	6.7	18.7
5yr Avg Cash Conversion Cycle	468.48 Days	2164.1 Days	69.17 Days
Inventory Days	672.65 Days	506.23 Days	21.92 Days
Days Receivable	0.0	1373.67 Days	11.57 Days
Days Payable	0.0	0.0	3.85 Days
5yr Average Interest Coverage Ratio	401.54	1.57	147.21
5yr Avg ROCE	1.61 %	8.65 %	4.71 %
5yr Avg Operating Profit Margin	16.54 %	35.55 %	-1.86 %
5 yr average Debt to Equity	0.0	0.67	0.04
5yr CAGR Net Profit	0.41 %	55.07 %	n/a
5yr Average Return on Assets	16.81 %	1.17 %	3.32 %
Shareholdings
Promoter Holding	73.95 %	65.46 %	61.98 %
Share Pledged by Promoters	0.0	43.48 %	0.0
Change in Promoter Holding (3 Yrs)	-0.1 %	0.66 %	-0.09 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0