Force Motors Ltd. benchmarking: Performance to industry peers

Financial

	Force Motors	Olectra Greentech	SML Mahindra
Operational Metrics
Automobile
Total Automobiles Sold - Monthly	3568.0 .	n/a	1930.0 .
Automobiles Sold - Monthly - Export	21.0 .	n/a	n/a
Automobiles Sold - Monthly - Domestic	3547.0 .	n/a	n/a
Light Commercial Vehicles Sold - Monthly - Domestic	3547.0 .	n/a	n/a
Financials
5 yr Average ROE	10.15 %	7.02 %	22.3 %
5yr average Equity Multiplier	1.91	1.69	4.08
5yr Average Asset Turnover Ratio	1.19	0.61	1.77
5yr Avg Net Profit Margin	1.82 %	5.84 %	1.18 %
Price to Book	5.9	9.96	11.02
P/E	20.45	70.74	35.84
5yr Avg Cash Conversion Cycle	9.1 Days	29.84 Days	47.11 Days
Inventory Days	65.45 Days	54.29 Days	85.11 Days
Days Receivable	6.29 Days	122.22 Days	33.94 Days
Days Payable	71.46 Days	199.69 Days	74.54 Days
5yr Average Interest Coverage Ratio	11.44	4.21	4.06
5yr Avg ROCE	9.4 %	11.27 %	18.36 %
5yr Avg Operating Profit Margin	7.17 %	12.44 %	5.55 %
5 yr average Debt to Equity	0.34	0.13	1.22
5yr CAGR Net Profit	n/a	76.62 %	n/a
5yr Average Return on Assets	4.26 %	3.86 %	3.91 %
Shareholdings
Promoter Holding	61.63 %	50.02 %	58.97 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.0	15.01 %
Change in Mutual Fund Holding (3 Yrs)	-0.63 %	0.27 %	0.12 %

	Force Motors	Olectra Greentech	SML Mahindra
Product Wise Break-Up	Product Wise Break-Up Light Commercial Vehicles 55.44 Engines 32.36 e-truck division 0 E Bus division 0 Insulator division 0 Bus 0 Trucks 0 Others 12.2	Product Wise Break-Up Engines 0 Insulator division 16.37 Trucks 0 e-truck division 0 Light Commercial Vehicles 0 Bus 0 E Bus division 83.63	Product Wise Break-Up Engines 0 Insulator division 0 Truck and Bus 21.0 e-truck division 0 Light Commercial Vehicles 0 Buses 73.0 E Bus division 0 Others 6.0
Segment Wise Break-Up	Segment Wise Break-Up Commercial Vehicle 100.0	-	-