Poddar Pigments Ltd.

Financial

	Poddar Pigments	DCW	Meghmani Organics
Operational Metrics
Pigments
Capacity Utilization - Pigments	95.0 %	n/a	n/a
Manufacturing Capacity - Pigments	14100.0 MTPA	n/a	n/a
Financials
5 yr Average ROE	8.92 %	8.03 %	16.52 %
5yr average Equity Multiplier	1.27	3.04	1.8
5yr Average Asset Turnover Ratio	1.04	0.84	0.73
5yr Avg Net Profit Margin	6.98 %	3.12 %	13.57 %
Price to Book	1.1	1.57	1.38
P/E	13.23	45.71	0.0
5yr Avg Cash Conversion Cycle	80.78 Days	27.05 Days	43.38 Days
Inventory Days	52.71 Days	47.46 Days	99.39 Days
Days Receivable	49.85 Days	24.91 Days	75.5 Days
Days Payable	23.85 Days	32.72 Days	140.92 Days
5yr Average Interest Coverage Ratio	53.27	2.84	19.76
5yr Avg ROCE	12.08 %	9.06 %	19.54 %
5yr Avg Operating Profit Margin	10.62 %	11.16 %	22.13 %
5 yr average Debt to Equity	0.0	1.1	0.33
5yr CAGR Net Profit	10.57 %	n/a	9.71 %
5yr Average Return on Assets	7.02 %	2.72 %	9.2 %
Shareholdings
Promoter Holding	62.43 %	44.08 %	49.32 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-2.68 %	-2.19 %
Change in Mutual Fund Holding (3 Yrs)	-0.06 %	0.0	0.0

Business

	Poddar Pigments	DCW	Meghmani Organics
Product Wise Break-Up	Product Wise Break-Up Special Master Batches 100.0 Synthetic Iron Oxide Pigments 0 CPVC 0 PVC Resin 0 Soda Ash 0 Caustic Soda 0 Agro Chemicals 0 Pigments 0	Product Wise Break-Up PVC Resin 42.91 Synthetic Iron Oxide Pigments 9.6 Agro Chemicals 0 Soda Ash 15.23 CPVC 12.78 Special Master Batches 0 Caustic soda 18.9 Pigments 0 Others 0.58	Product Wise Break-Up PVC Resin 0 Synthetic Iron Oxide Pigments 0 Agro Chemicals 67.64 Soda Ash 0 CPVC 0 Special Master Batches 0 Caustic Soda 0 Pigments 29.81 Others 2.55
Location Wise Break-Up	Location Wise Break-Up India 77.55 Rest of the World 22.45 International 0 Domestic 0	Location Wise Break-Up Domestic 0 Rest of the World 28.73 International 0 India 71.27	Location Wise Break-Up India 12.23 Rest of the World 0 International 87.77 India 0
Raw Material Break-Up	Raw Material Break-Up Pigments 60.17 Polymer Resins 35.62 Waxes 2.71 Others 1.5	-	-