Ratnamani Metals & Tubes Ltd. benchmarking: Performance to industry peers

Financial

	Ratnamani Metals	Jindal Saw	Maharashtra Seamless
Operational Metrics
Steel
Manufacturing Capacity - Steel Pipes	510000.0 MTPA	425000.0 MTPA	775000.0 MTPA
Financials
5 yr Average ROE	16.53 %	10.66 %	13.04 %
5yr average Equity Multiplier	1.34	2.01	1.29
5yr Average Asset Turnover Ratio	1.09	0.93	0.75
5yr Avg Net Profit Margin	11.3 %	5.7 %	13.28 %
Price to Book	5.16	1.17	1.31
P/E	34.13	15.09	10.22
5yr Avg Cash Conversion Cycle	132.97 Days	110.63 Days	117.18 Days
Inventory Days	98.26 Days	88.03 Days	108.11 Days
Days Receivable	77.18 Days	67.89 Days	40.59 Days
Days Payable	47.57 Days	65.91 Days	68.99 Days
5yr Average Interest Coverage Ratio	20.27	3.22	110.07
5yr Avg ROCE	21.34 %	16.34 %	15.36 %
5yr Avg Operating Profit Margin	16.81 %	12.49 %	18.56 %
5 yr average Debt to Equity	0.07	0.53	0.1
5yr CAGR Net Profit	14.53 %	18.78 %	51.31 %
5yr Average Return on Assets	12.3 %	5.43 %	10.64 %
Shareholdings
Promoter Holding	59.77 %	63.25 %	70.28 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.29 %	0.0	2.48 %
Change in Mutual Fund Holding (3 Yrs)	3.06 %	5.3 %	-0.01 %

	Ratnamani Metals	Jindal Saw	Maharashtra Seamless
Product Wise Break-Up	Product Wise Break-Up Steel Pipes & Tubes 72.41 Bearing Rings 9.24 Wind mills 0 Waterways Logistics 0 Iron and steel products 0 Rig 0 Power Electricity 0 Steel Pipes & Tubes 0 Others 18.35	Product Wise Break-Up Iron & Steel 100.0 Wind mills 0 Bearing Rings 0 Rig 0 Steel Pipes & Tubes 0 Waterways Logistics 0 Power Electricity 0	Product Wise Break-Up Iron and steel products 0 Wind mills 0 Bearing Rings 0 Rig 0.54 Steel Pipes & Tubes 82.62 Waterways Logistics 0 Power 1.5 Others 15.34
Location Wise Break-Up	Location Wise Break-Up India 63.88 Rest of the World 36.12	Location Wise Break-Up Rest of the World 31.84 India 68.16	Location Wise Break-Up Rest of the World 0 India 90.0 Others 10.0
Operating Profit Break-Up	Operating Profit Break-Up Waterways Logistics 0 Iron & Steel 0 Seamless Pipes 0 ERW pipes 0 Seamless pipes 0 Others 100	Operating Profit Break-Up ERW pipes 0 Seamless pipes 0 Seamless Pipes 0 Steel 100.0 Waterways Logistics 0	Operating Profit Break-Up ERW pipes 0 Seamless Tubes 34.81 Seamless Pipes 0 Iron & Steel 0 Waterways Logistics 0 Others 65.19
Asset Break-Up	Asset Break-Up Rig 0 Power 0 Seamless Pipes 0 Others 100	Asset Break-Up Rig 0 Seamless Pipes 0 Power 0 Others 100	Asset Break-Up Rig 9.1 Seamless Pipes 38.38 Power 3.12 Others 49.4