Heranba Industries Ltd. benchmarking: Perfomance to industry peers

Financial

	Heranba Industries	Dharmaj Crop Guard	Bharat Rasayan
Operational Metrics
Chemicals
Manufacturing Capacity - Pesticides	16224.0 MTPA	25500.0 MTPA	20000.0 MTPA
Financials
5 yr Average ROE	5.8 %	9.9 %	16.29 %
5yr average Equity Multiplier	1.76	1.6	1.27
5yr Average Asset Turnover Ratio	0.93	1.23	1.05
5yr Avg Net Profit Margin	3.64 %	5.19 %	11.96 %
Price to Book	1.17	1.85	3.46
P/E	0.0	23.64	31.07
5yr Avg Cash Conversion Cycle	56.01 Days	46.74 Days	162.64 Days
Inventory Days	80.52 Days	46.48 Days	79.19 Days
Days Receivable	128.76 Days	68.17 Days	126.47 Days
Days Payable	109.69 Days	55.34 Days	34.76 Days
5yr Average Interest Coverage Ratio	8.38	13.21	37.69
5yr Avg ROCE	10.2 %	12.76 %	21.72 %
5yr Avg Operating Profit Margin	8.3 %	8.44 %	16.7 %
5 yr average Debt to Equity	0.24	0.26	0.1
5yr CAGR Net Profit	-50.6 %	5.33 %	-2.97 %
5yr Average Return on Assets	3.87 %	6.3 %	12.75 %
Shareholdings
Promoter Holding	74.94 %	70.4 %	74.99 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.07 %	1.75 %	0.0
Change in Mutual Fund Holding (3 Yrs)	-1.01 %	0.0	-0.17 %

	Heranba Industries	Dharmaj Crop Guard	Bharat Rasayan
Product Wise Break-Up	Product Wise Break-Up Domestic Formulations 46.0 Domestic Technicals 31.0 Export Technicals 16.0 Export Formulations 7.0 Metribuzin Technical 0 Metaphenoxy Benzaldehyde 0	-	Product Wise Break-Up Domestic Formulations 0 Metaphenoxy Benzaldehyde 13.0 Domestic Technicals 0 Export Technicals 0 Metribuzin Technical 10.0 Export Formulations 0 Others 77.0
Segment Break-Up	Segment Break-Up Manufacture of Pesticide/Insecticide Products 100.0 Agro Chemicals 0	Segment Break-Up Agro Chemicals 100.0 0	-
Location Wise Break-Up	Location Wise Break-Up India 74.66 International 25.34 China 0 India 0	Location Wise Break-Up China 0 India 94.49 International 0 Others 5.51	-
Asset Break-Up	Asset Break-Up India 100.0	-	-