Primo Chemicals Ltd. benchmarking: Perfomance to industry peers

Financial

	Primo Chemicals	Chemfab Alkalis	Lords Chloro Alkali
Operational Metrics
Chemicals
Capacity Utilization - Caustic Soda	91.0 %	n/a	n/a
Manufacturing Capacity - Caustic Soda	165000.0 MTPA	n/a	76650.0 MTPA
Capacity Utilization - Chlorine Gas	75.08 %	n/a	n/a
Realization / Tonne - Caustic Soda	51179.0 Rs/MT	n/a	n/a
Capacity Utilization - Hydrochloric Acid	135.76 %	n/a	n/a
Capacity Utilization - Hydrogen Gas	86.76 %	n/a	n/a
Financials
5 yr Average ROE	11.53 %	5.89 %	11.45 %
5yr average Equity Multiplier	1.98	1.29	1.81
5yr Average Asset Turnover Ratio	0.82	0.66	0.95
5yr Avg Net Profit Margin	6.07 %	6.31 %	6.06 %
Price to Book	1.39	1.7	2.19
P/E	54.86	0.0	18.86
5yr Avg Cash Conversion Cycle	-100.62 Days	-62.76 Days	35.82 Days
Inventory Days	13.21 Days	17.94 Days	30.37 Days
Days Receivable	25.55 Days	22.78 Days	42.23 Days
Days Payable	153.4 Days	114.25 Days	23.24 Days
5yr Average Interest Coverage Ratio	7.87	47.1	8.57
5yr Avg ROCE	17.17 %	10.86 %	13.82 %
5yr Avg Operating Profit Margin	10.97 %	19.44 %	12.82 %
5 yr average Debt to Equity	0.29	0.08	0.4
5yr CAGR Net Profit	-15.45 %	-3.12 %	n/a
5yr Average Return on Assets	6.1 %	4.87 %	7.08 %
Shareholdings
Promoter Holding	31.35 %	72.18 %	74.66 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-1.17 %	-0.06 %
Change in Mutual Fund Holding (3 Yrs)	1.88 %	0.0	0.0

	Primo Chemicals	Chemfab Alkalis	Lords Chloro Alkali
Product Wise Break-Up	Product Wise Break-Up Caustic Soda Lye 100.0 PVC-O Pipes 0 Hydrogen 0 Sodium Chlorate 0 Chlorine 0 Caustic Soda Flakes 0 Manufacturing of Caustic Soda 0	Product Wise Break-Up PVC Pipes 10.04 Hydrogen 0.82 Manufacturing of Caustic Soda 0 Caustic Soda Flakes 1.52 Chlorine 0.07 Sodium Chlorate 0 Caustic Soda Lye 12.71 Others 74.84	Product Wise Break-Up PVC-O Pipes 0 Hydrogen 0 Caustic soda 100.0 Caustic Soda Flakes 0 Chlorine 0 Sodium Chlorate 0 Caustic Soda Lye 0
Location Wise Break-Up	Location Wise Break-Up India 100.0 Rest of the World 0	Location Wise Break-Up India 99.71 Rest of the World 0.29	Location Wise Break-Up India 100.0 Rest of the World 0
Raw Material Break-Up	Raw Material Break-Up Salt 70.54 Barium Carbonate 5.95 Soda Ash 1.98 sulphuric acid 1.67 Others 19.86	-	-