Bharat Gears Ltd. benchmarking: Perfomance to industry peers

Financial

	Bharat Gears	Shivam Autotech	Sar Auto Products
Operational Metrics
Financials
5 yr Average ROE	3.73 %	-61.52 %	4.78 %
5yr average Equity Multiplier	3.75	8.31	1.66
5yr Average Asset Turnover Ratio	1.72	0.81	0.46
5yr Avg Net Profit Margin	0.56 %	-7.34 %	6.37 %
Price to Book	1.3	198.75	54.16
P/E	542.41	0.0	0.0
5yr Avg Cash Conversion Cycle	-22.7 Days	-7.42 Days	-1008.81 Days
Inventory Days	50.24 Days	65.22 Days	26.02 Days
Days Receivable	60.05 Days	61.26 Days	38.45 Days
Days Payable	146.75 Days	156.61 Days	1250.86 Days
5yr Average Interest Coverage Ratio	1.39	0.4	11.19
5yr Avg ROCE	10.69 %	8.5 %	6.71 %
5yr Avg Operating Profit Margin	5.92 %	12.12 %	16.13 %
5 yr average Debt to Equity	0.93	5.7	0.58
5yr CAGR Net Profit	n/a	16.35 %	-1.37 %
5yr Average Return on Assets	1.21 %	-6.15 %	3.0 %
Shareholdings
Promoter Holding	55.32 %	69.52 %	74.67 %
Share Pledged by Promoters	0.0	0.0	40.4 %
Change in Promoter Holding (3 Yrs)	0.0	-5.28 %	2.4 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0

	Bharat Gears	Shivam Autotech	Sar Auto Products
Product Wise Break-Up	Product Wise Break-Up Gear and Gear products 90.04 Auto Ancillary 4.09 Industrial furnaces 1.75 Tools & Hardware 1.73 Service 0.1 0 Construction 0 Manufacturing 0 Others 2.29	Product Wise Break-Up Manufacturing 0 Construction 0 Tools & Hardware 0 Bearing & Gears 100.0 Gear and Gear products 0 Service 0 Industrial furnaces 0 Auto Ancillary 0	Product Wise Break-Up Manufacturing 100.0 Construction 0 Tools & Hardware 0 0 Gear and Gear products 0 Service 0 Industrial furnaces 0 Auto Ancillary 0
Location Wise Break-Up	Location Wise Break-Up India 70.72 USA 15.5 Spain 5.73 Mexico 2.44 Rest of the World 0 Others 5.61	Location Wise Break-Up USA 0 Mexico 0 India 92.6 Rest of the World 7.4 Spain 0	Location Wise Break-Up USA 0 Mexico 0 India 99.48 Rest of the World 0 Spain 0 Others 0.52
Customer Segment	Customer Segment Agricultural 60.0 Commercial Vehicles 16.0 Commercial Engines 0 Others 24.0	-	-