Mahavir Advanced Remedies Ltd.

Financial

	IndoAmerican Advance	Bafna Pharma	Vaishali Pharma
Operational Metrics
Financials
5 yr Average ROE	-12.16 %	-52.11 %	7.61 %
5yr average Equity Multiplier	1.07	3.77	2.76
5yr Average Asset Turnover Ratio	0.15	0.42	0.89
5yr Avg Net Profit Margin	-36.65 %	-36.55 %	3.52 %
Price to Book	n/a	3.38	2.57
P/E	n/a	41.59	204.72
5yr Avg Cash Conversion Cycle	0.0	0.18 Days	133.52 Days
Inventory Days	0.0	87.65 Days	6.09 Days
Days Receivable	0.0	132.64 Days	217.95 Days
Days Payable	167.71 Days	210.48 Days	174.07 Days
5yr Average Interest Coverage Ratio	-55.68	-5.68	2.44
5yr Avg ROCE	-12.15 %	-11.61 %	16.76 %
5yr Avg Operating Profit Margin	-72.03 %	-21.98 %	6.18 %
5 yr average Debt to Equity	0.0	1.41	0.6
5yr CAGR Net Profit	n/a	12.0 %	88.82 %
5yr Average Return on Assets	-11.02 %	-16.11 %	3.1 %
Shareholdings
Promoter Holding	0.97 %	75.0 %	26.32 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-17.4 %	-15.42 %	-0.42 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0