ICICI Securities Ltd.

Financial

	ICICI Securities	Motilal Oswal Fin	Angel One
Operational Metrics
Financials
5 yr Average ROE	49.27 %	16.36 %	27.15 %
5yr average Equity Multiplier	5.83	3.28	4.3
5yr Average Asset Turnover Ratio	0.25	0.23	0.31
5yr Avg Net Profit Margin	34.97 %	21.54 %	20.44 %
Price to Book	6.17	4.17	8.23
P/E	14.27	14.9	22.21
5yr Avg Cash Conversion Cycle	123.83 Days	88.8 Days	57.17 Days
Inventory Days	67.99 Days	0.0	0.01 Days
Days Receivable	61.89 Days	88.8 Days	57.17 Days
Days Payable	348.68 Days	325.58 Days	413.33 Days
5yr Average Interest Coverage Ratio	10.9	3.04	8.6
5yr Avg ROCE	36.98 %	23.12 %	41.44 %
5yr Avg Operating Profit Margin	57.56 %	45.12 %	35.2 %
5 yr average Debt to Equity	2.01	1.44	0.93
5yr CAGR Net Profit	17.89 %	25.95 %	62.07 %
5yr Average Return on Assets	8.54 %	5.1 %	6.37 %
Shareholdings
Promoter Holding	74.73 %	69.16 %	38.21 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.27 %	-1.5 %	-6.34 %
Change in Mutual Fund Holding (3 Yrs)	-2.48 %	2.04 %	-4.92 %

Business

	ICICI Securities	Motilal Oswal Fin	Angel One
Product Wise Break-Up	Product Wise Break-Up Broking 89.21 Advisory 6.77 Treasury 4.02 Distribution 0 Depository 0 Interest 0 Broking 0	-	Product Wise Break-Up Depository 4.0 Distribution 1.0 Broking 68.0 Interest Income 18.0 Advisory 0 Treasury 0 Others 9.0
Location Wise Break-Up	Location Wise Break-Up India 94.85 Rest of the World 5.15 International 0 Domestic 0	Location Wise Break-Up International 0 Rest of the World 0 Domestic 0 India 100.0	Location Wise Break-Up International 0 Rest of the World 0 Domestic 100.0 India 0
Operating Profit Break-Up	Operating Profit Break-Up Broking 84.22 Asset Management 12.31 Asset Management 3.47 Fund Based 0 Housing Finance 0 Asset & Wealth Management 0 Capital Market 0	Operating Profit Break-Up Home loans 5.74 Fund Based 46.8 Broking 0 Asset Management 12.79 Asset Management 0 Capital Markets 33.15 Others 1.52	-
Asset Break-Up	Asset Break-Up India 99.99 Others 0.01	Asset Break-Up India 0 Others 100	-