DIC India Ltd.

Financial

	DIC India	Asahi Songwon Colors	Bhatia Colour Chem
Operational Metrics
Financials
5 yr Average ROE	6.91 %	7.33 %	3.69 %
5yr average Equity Multiplier	1.6	1.99	2.05
5yr Average Asset Turnover Ratio	1.23	0.86	0.73
5yr Avg Net Profit Margin	3.99 %	5.31 %	3.05 %
Price to Book	1.46	2.02	0.0
P/E	33.79	26.04	132.78
5yr Avg Cash Conversion Cycle	74.33 Days	74.14 Days	208.4 Days
Inventory Days	42.1 Days	64.14 Days	257.77 Days
Days Receivable	94.25 Days	98.27 Days	256.96 Days
Days Payable	60.32 Days	75.13 Days	362.91 Days
5yr Average Interest Coverage Ratio	5.94	7.71	3.91
5yr Avg ROCE	3.39 %	6.6 %	6.13 %
5yr Avg Operating Profit Margin	2.89 %	8.55 %	6.32 %
5 yr average Debt to Equity	0.01	0.47	0.6
5yr CAGR Net Profit	-25.63 %	-2.56 %	46.0 %
5yr Average Return on Assets	4.37 %	4.4 %	2.05 %
Shareholdings
Promoter Holding	71.75 %	66.83 %	45.85 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.19 %	1.71 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0

Business

	DIC India	Asahi Songwon Colors	Bhatia Colour Chem
Product Wise Break-Up	Product Wise Break-Up Dyes & Pigments 100.0 Lamination Adhesives 0 AZO 0 API 0 Phthalocyanine 0 Chemicals & Dyes 0	Product Wise Break-Up Lamination Adhesives 0 Dyes & Pigments 0 API 22.0 Chemicals & Dyes 0 AZO 12.0 Phthalocyanine 66.0	Product Wise Break-Up Lamination Adhesives 0 Dyes & Pigments 0 API 0 Chemicals 100.0 AZO 0 Phthalocyanine 0
Location Wise Break-Up	Location Wise Break-Up India 90.3 Rest of the World 0 Others 9.7	Location Wise Break-Up India 44.0 Rest of the World 56.0	Location Wise Break-Up India 100.0 Rest of the World 0
Operating Profit Break-Up	Operating Profit Break-Up Printing Inks 72.58 Adhesives 0 Others 27.42	Operating Profit Break-Up Printing Inks 0 Adhesives 0 Others 100	-
Asset Break-Up	Asset Break-Up Printing Inks 65.94 Adhesives 6.68 Others 27.38	Asset Break-Up Printing Inks 0 Adhesives 0 Others 100	-