Mazagon Dock Shipbuilders Ltd. benchmarking: Performance to industry peers

Financial

	Mazagon Dock Ship	Cochin Shipyard	Garden Reach Ship
Operational Metrics
Logistics
Deadweight Tonnage - Shipping	40000.0 MT	n/a	n/a
Financials
5 yr Average ROE	23.15 %	13.06 %	18.28 %
5yr average Equity Multiplier	5.91	2.15	6.27
5yr Average Asset Turnover Ratio	0.26	0.34	0.29
5yr Avg Net Profit Margin	15.84 %	17.95 %	10.7 %
Price to Book	9.34	5.51	9.83
P/E	34.6	43.2	32.77
5yr Avg Cash Conversion Cycle	-118.86 Days	47.53 Days	-463.5 Days
Inventory Days	334.63 Days	63.8 Days	262.73 Days
Days Receivable	46.52 Days	20.16 Days	16.31 Days
Days Payable	601.82 Days	82.66 Days	905.51 Days
5yr Average Interest Coverage Ratio	126.79	17.3	53.84
5yr Avg ROCE	25.57 %	16.94 %	21.6 %
5yr Avg Operating Profit Margin	11.33 %	19.59 %	7.24 %
5 yr average Debt to Equity	0.0	0.02	0.05
5yr CAGR Net Profit	36.26 %	6.33 %	28.0 %
5yr Average Return on Assets	4.48 %	6.18 %	3.03 %
Shareholdings
Promoter Holding	81.22 %	67.91 %	74.5 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-3.61 %	-4.95 %	0.0
Change in Mutual Fund Holding (3 Yrs)	1.56 %	0.27 %	-5.54 %

	Mazagon Dock Ship	Cochin Shipyard	Garden Reach Ship
Product Wise Break-Up	Product Wise Break-Up Ship construction 73.35 Components and spares 10.74 Offshore project 8.83 Components and spares 0.11 Management Fees 0 Ship Building Financial Assistence 0 Vessels other than IAC 0 Engineering works 0 Indigenous Aircraft Carrier (IAC) 0 Ship Repairs 0 Diesel engines 0 Ship repair 0 General engineering 0 Bailey bridge 0 B & D spares 0 Shipbuilding 0 Others 6.97	Product Wise Break-Up Ship construction 0 Indigenous Aircraft Carrier (IAC) 49.21 Offshore project 0 B & D spares 0 Management Fees 0.34 Shipbuilding 0 Diesel engines 0 Vessels other than IAC 0.24 Engineering works 0 Ship Repairs 38.06 Ship Building Financial Assistence 2.87 Ship repair 0 General engineering 0 Bailey bridge 0 Components and spares 0 Others 9.28	Product Wise Break-Up Ship construction 0 Indigenous Aircraft Carrier (IAC) 0 Offshore project 0 B & D spares 5.45 Management Fees 0 Shipbuilding 87.64 Diesel Engine 0.99 Vessels other than IAC 0 Engineering works 0 Ship Repairs 0 Ship Building Financial Assistence 0 Shipbuilding 2.24 Engineering 0.09 Bailey bridge 2.87 Components and spares 0 Others 0.72
Location Wise Break-Up	Location Wise Break-Up Domestic 100.0 International 0	-	-