JB Chemicals & Pharmaceuticals Ltd.

Financial

	JB Chem & Pharma	Ipca Laboratories	Alembic Pharma
Operational Metrics
Pharmaceutical Sector
Number of ANDA's Filed in USA	19.0 .	44.0 .	257.0 .
Number of ANDA's Approved By USFDA	17.0 .	18.0 .	196.0 .
Domestic Sales Growth - YoY	9.4 %	2.6 %	n/a
R&D as a % of Total Sales	1.55 %	2.71 %	7.0 %
Financials
5 yr Average ROE	18.27 %	15.9 %	17.53 %
5yr average Equity Multiplier	1.5	1.41	1.58
5yr Average Asset Turnover Ratio	0.79	0.81	0.79
5yr Avg Net Profit Margin	15.59 %	13.8 %	14.0 %
Price to Book	10.79	5.51	4.51
P/E	57.02	60.07	34.18
5yr Avg Cash Conversion Cycle	37.72 Days	74.74 Days	11.4 Days
Inventory Days	52.43 Days	100.02 Days	92.17 Days
Days Receivable	63.16 Days	55.52 Days	59.84 Days
Days Payable	81.2 Days	120.62 Days	198.11 Days
5yr Average Interest Coverage Ratio	74.05	59.4	42.05
5yr Avg ROCE	22.31 %	18.97 %	19.16 %
5yr Avg Operating Profit Margin	24.93 %	22.38 %	21.64 %
5 yr average Debt to Equity	0.06	0.14	0.27
5yr CAGR Net Profit	16.2 %	1.13 %	-10.16 %
5yr Average Return on Assets	12.35 %	11.44 %	10.9 %
Shareholdings
Promoter Holding	53.78 %	46.3 %	69.61 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-2.13 %	0.01 %	0.13 %
Change in Mutual Fund Holding (3 Yrs)	4.89 %	7.98 %	3.48 %

Business

	JB Chem & Pharma	Ipca Laboratories	Alembic Pharma
Product Wise Break-Up	Product Wise Break-Up Domestic Formulations 54.67 Formulations 31.36 Contract Manufacturing 10.53 Active Pharmaceutical Ingredient (API) 3.43 Generics 0 Branded Generics 0 Formulations 0 Others 0.01	Product Wise Break-Up Formulations 0 Domestic Formulations 0 Active Pharmaceutical Ingredient (API) 0 Branded Generics 54.13 Formulations 21.36 Contract Manufacturing 0 Others 24.51	Product Wise Break-Up Formulations 82.28 Domestic Formulations 0 Active Pharmaceutical Ingredient (API) 0 Branded Generics 0 Generics 0 Contract Manufacturing 0 Others 17.72
Location Wise Break-Up	Location Wise Break-Up India 52.06 Rest of the World 47.94 Russia 0 South Africa 0 USA 0 Australia 0 CIS 0 Asia 0 Africa 0 Europe 0	Location Wise Break-Up Africa 7.68 Asia Pacific 7.87 Europe 14.15 Australia 4.47 CIS 3.56 India 52.01 Russia 0 USA 10.26 Rest of the World 0 South Africa 0	Location Wise Break-Up Africa 0 Asia 0 Europe 0 Australia 0 CIS 0 India 40.93 Russia 0 USA 0 Rest of the World 59.07 South Africa 0
Customer Wise Break-Up	Customer Wise Break-Up THINQ PHARMA-CRO PVT LTD 7.83 Others 92.17	-	-
Asset Break-Up - Segment Wise	Asset Break-Up - Segment Wise India 96.02 Others 3.98	-	-