Poddar Pigments Ltd. benchmarking: Perfomance to industry peers

Financial

	Poddar Pigments	Asahi Songwon Colors	Bhatia Colour Chem
Operational Metrics
Paints & Coatings
Capacity Utilization - Pigments	95.0 %	n/a	n/a
Manufacturing Capacity - Pigments	14100.0 MTPA	16200.0 MTPA	n/a
Financials
5 yr Average ROE	8.06 %	6.62 %	3.9 %
5yr average Equity Multiplier	1.2	2.17	1.94
5yr Average Asset Turnover Ratio	0.87	0.85	0.8
5yr Avg Net Profit Margin	7.66 %	4.4 %	3.02 %
Price to Book	0.71	1.0	3.68
P/E	17.06	16.68	81.24
5yr Avg Cash Conversion Cycle	84.93 Days	48.77 Days	154.76 Days
Inventory Days	55.82 Days	63.52 Days	205.38 Days
Days Receivable	57.11 Days	87.65 Days	190.92 Days
Days Payable	26.9 Days	85.08 Days	293.27 Days
5yr Average Interest Coverage Ratio	64.03	6.72	3.96
5yr Avg ROCE	10.66 %	6.69 %	6.62 %
5yr Avg Operating Profit Margin	10.22 %	8.12 %	6.24 %
5 yr average Debt to Equity	0.01	0.58	0.51
5yr CAGR Net Profit	-0.72 %	-9.32 %	47.74 %
5yr Average Return on Assets	6.68 %	3.43 %	2.25 %
Shareholdings
Promoter Holding	62.43 %	67.0 %	39.67 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.27 %	-4.47 %
Change in Mutual Fund Holding (3 Yrs)	-0.01 %	0.0	0.0

	Poddar Pigments	Asahi Songwon Colors	Bhatia Colour Chem
Product Wise Break-Up	Product Wise Break-Up Special Master Batches 100.0 AZO 0 API 0 Phthalocyanine 0 Chemicals & Dyes 0	Product Wise Break-Up Special Master Batches 0 AZO 12.0 API 22.0 Chemicals & Dyes 0 Phthalocyanine 66.0	Product Wise Break-Up Special Master Batches 0 AZO 0 API 0 Chemicals 100.0 Phthalocyanine 0
Location Wise Break-Up	Location Wise Break-Up India 84.81 Rest of the World 15.19	Location Wise Break-Up India 34.0 Rest of the World 64.0 Others 2.0	Location Wise Break-Up India 100.0 Rest of the World 0
Raw Material Break-Up	Raw Material Break-Up Pigments 59.45 Polymer Resins 35.72 Waxes 2.95 Others 1.88	-	-