3M India Ltd. benchmarking: Perfomance to industry peers

Financial

	3M India	AIA Engineering	Thermax
Operational Metrics
Financials
5 yr Average ROE	18.68 %	15.46 %	10.86 %
5yr average Equity Multiplier	1.43	1.26	2.2
5yr Average Asset Turnover Ratio	1.23	0.59	0.87
5yr Avg Net Profit Margin	10.1 %	21.33 %	5.6 %
Price to Book	20.76	4.75	6.71
P/E	69.17	31.08	57.1
5yr Avg Cash Conversion Cycle	-7.55 Days	127.65 Days	4.36 Days
Inventory Days	53.38 Days	94.88 Days	31.15 Days
Days Receivable	58.29 Days	72.59 Days	79.65 Days
Days Payable	93.21 Days	42.38 Days	122.19 Days
5yr Average Interest Coverage Ratio	127.59	67.75	13.63
5yr Avg ROCE	25.03 %	18.4 %	14.05 %
5yr Avg Operating Profit Margin	13.98 %	24.61 %	7.74 %
5 yr average Debt to Equity	0.0	0.05	0.21
5yr CAGR Net Profit	12.61 %	13.38 %	25.16 %
5yr Average Return on Assets	12.79 %	12.59 %	4.89 %
Shareholdings
Promoter Holding	75.0 %	58.5 %	61.98 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.03 %	0.0
Change in Mutual Fund Holding (3 Yrs)	1.43 %	3.48 %	-0.92 %

	3M India	AIA Engineering	Thermax
Product Wise Break-Up	Product Wise Break-Up Transportation & Electronics 34.34 Safety & Industrial 31.95 Healthcare 21.08 Consumer Business 11.29 0 0 0 Others 1.34	Product Wise Break-Up Transportation & Electronics 0 Safety & Industrial 0 Consumer Business 0 Healthcare 0 High Chrome Mill Internals 100.0 0 0	Product Wise Break-Up Transportation & Electronics 0 Safety & Industrial 0 Consumer Business 0 Healthcare 0 0 Boilers 74.0 0 Others 26.0
Location Wise Break-Up	Location Wise Break-Up India 99.47 Rest of the World 0.53 ROW 0	Location Wise Break-Up India 36.31 Rest of the world 63.69 Rest of the World 0	Location Wise Break-Up India 77.63 ROW 0 Rest of the World 22.37
Operating Profit Break-Up	Operating Profit Break-Up Transportation & Electronics 34.65 Safety & Industrial 28.74 Healthcare 24.79 Consumer 9.99 Others 1.83	-	Operating Profit Break-Up Consumer 0 Transportation & Electronics 0 Safety & Industrial 0 Healthcare 0 Others 100
Capex	Capex Transportation & Electronics 32.18 Safety & Industrial 24.27 Consumer 9.6 Healthcare 8.59 Others 25.36	-	-
Asset Break-Up	Asset Break-Up Transportation & Electronics 21.06 Safety & Industrial 19.33 Healthcare 9.7 Consumer 3.75 Others 46.16	-	-