Lincoln Pharmaceuticals Ltd. benchmarking: Perfomance to industry peers

Financial

	Lincoln Pharma	Kwality Pharma	Anuh Pharma
Operational Metrics
Pharmaceuticals
Domestic Sales Growth - YoY	8.98 %	n/a	n/a
R&D as a % of Total Sales	1.88 %	n/a	0.0
Financials
5 yr Average ROE	15.1 %	25.27 %	15.87 %
5yr average Equity Multiplier	1.26	1.96	1.62
5yr Average Asset Turnover Ratio	0.82	1.05	1.35
5yr Avg Net Profit Margin	14.59 %	11.66 %	7.23 %
Price to Book	1.57	3.56	2.76
P/E	12.21	21.64	19.49
5yr Avg Cash Conversion Cycle	-6.41 Days	55.02 Days	42.81 Days
Inventory Days	43.91 Days	67.04 Days	50.87 Days
Days Receivable	91.75 Days	132.46 Days	111.12 Days
Days Payable	128.38 Days	126.93 Days	117.6 Days
5yr Average Interest Coverage Ratio	63.13	16.13	48.66
5yr Avg ROCE	19.81 %	34.73 %	21.17 %
5yr Avg Operating Profit Margin	18.35 %	23.23 %	10.21 %
5 yr average Debt to Equity	0.0	0.46	0.02
5yr CAGR Net Profit	5.76 %	21.34 %	10.73 %
5yr Average Return on Assets	11.92 %	12.96 %	9.84 %
Shareholdings
Promoter Holding	49.78 %	54.83 %	71.82 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	5.7 %	0.38 %	1.23 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0

	Lincoln Pharma	Kwality Pharma	Anuh Pharma
Product Wise Break-Up	Product Wise Break-Up Anti-Infective 26.3 Musculo-Skeletal System 16.7 Parasitology 9.7 Respiratory Systems 8.3 Alimentary Tract and Metabolism 6.3 Cardiac Science 4.3 Genito Urinary System and Sex Hormones 1.3 Central Nervous System (CNS) 0.4 Blood and Blood Forming Organs 0.3 Bulk drug and Chemicals 0 Others 26.4	-	Product Wise Break-Up Anti-Infective 0 Central Nervous System (CNS) 0 Alimentary Tract and Metabolism 0 Parasitology 0 Bulk drug and Chemicals 100.0 Cardiac Science 0 Blood and Blood Forming Organs 0 Genito Urinary System and Sex Hormones 0 Musculo-Skeletal System 0 Respiratory Systems 0
Location Wise Break-Up	Location Wise Break-Up Rest of the World 68.6 India 31.4	Location Wise Break-Up Rest of the World 0 India 47.21 Others 52.79	Location Wise Break-Up Rest of the World 0 India 45.02 Others 54.98
Therapeutic Area Break-Up	Therapeutic Area Break-Up Central Nervous System 0 Cardiovascular System 0 Blood and Blood Forming Organs 0 Parasitology 0 Musculo Skeletal System 0 Urinary System & Sex Hormones 0 Alimentary Tract & Metabolism 0 Respiratory 0 Anti Infective 0 Others 100	-	-