Garware Hi-Tech Films Ltd.

Financial

	Garware Hi-Tech	Thirumalai Chemicals	Panama Petrochem
Operational Metrics
Packaging
Manufacturing Capacity - BOPP Films	16500.0 MTPA	n/a	n/a
Manufacturing Capacity - BOPET Films	42096.0 MTPA	n/a	n/a
Manufacturing Capacity - Thermal Lamination Films	3600.0 MTPA	n/a	n/a
Manufacturing Capacity - Sun Control Films	4200.0 Lakh sqft pa	n/a	n/a
Financials
5 yr Average ROE	8.57 %	8.15 %	20.59 %
5yr average Equity Multiplier	1.19	2.31	1.72
5yr Average Asset Turnover Ratio	0.61	0.79	1.43
5yr Avg Net Profit Margin	11.71 %	5.0 %	8.33 %
Price to Book	3.1	2.56	1.67
P/E	22.6	0.0	11.7
5yr Avg Cash Conversion Cycle	0.6 Days	-32.58 Days	73.98 Days
Inventory Days	46.35 Days	44.63 Days	79.32 Days
Days Receivable	7.41 Days	34.03 Days	58.45 Days
Days Payable	67.09 Days	116.12 Days	85.53 Days
5yr Average Interest Coverage Ratio	14.05	6.68	21.27
5yr Avg ROCE	12.27 %	11.74 %	27.38 %
5yr Avg Operating Profit Margin	18.08 %	11.19 %	11.36 %
5 yr average Debt to Equity	0.09	0.65	0.06
5yr CAGR Net Profit	18.77 %	n/a	46.64 %
5yr Average Return on Assets	7.21 %	5.06 %	12.25 %
Shareholdings
Promoter Holding	60.72 %	41.87 %	62.22 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-0.11 %	-8.89 %
Change in Mutual Fund Holding (3 Yrs)	3.82 %	0.73 %	0.0

Business

	Garware Hi-Tech	Thirumalai Chemicals	Panama Petrochem
Product Wise Break-Up	Product Wise Break-Up Polyester Film 100.0 Maleic Anhydride 0 Phthalic Anhydride 0 Petrochemicals 0	Product Wise Break-Up Polyester Film 0 Maleic Anhydride 0 Phthalic Anhydride 87.0 Petrochemicals 0 Others 13.0	Product Wise Break-Up Polyester Film 0 Maleic Anhydride 0 Phthalic Anhydride 0 Petrochemicals 100.0
Location Wise Break-Up	Location Wise Break-Up USA 42.99 Rest of the World 34.64 India 22.36 China 0 Others 0.01	Location Wise Break-Up Rest of the World 2.78 China 0 India 97.22 USA 0	Location Wise Break-Up Rest of the World 56.0 China 0 India 44.0 USA 0
Asset Break-Up - Geography Wise	Asset Break-Up - Geography Wise Others 100	-	-