Sai Life Sciences Ltd.

Financial

	Sai Life Sciences	Divi's Lab	Cohance Lifesciences
Operational Metrics
Financials
5 yr Average ROE	5.4 %	17.46 %	27.26 %
5yr average Equity Multiplier	2.22	1.2	1.3
5yr Average Asset Turnover Ratio	0.51	0.55	0.61
5yr Avg Net Profit Margin	5.15 %	25.76 %	33.51 %
Price to Book	7.94	11.71	22.49
P/E	97.41	79.98	140.45
5yr Avg Cash Conversion Cycle	-71.78 Days	134.41 Days	70.98 Days
Inventory Days	32.4 Days	121.85 Days	76.62 Days
Days Receivable	67.19 Days	94.81 Days	42.46 Days
Days Payable	206.9 Days	94.55 Days	85.69 Days
5yr Average Interest Coverage Ratio	2.83	1162.71	47.81
5yr Avg ROCE	9.49 %	21.97 %	32.61 %
5yr Avg Operating Profit Margin	18.59 %	34.94 %	43.1 %
5 yr average Debt to Equity	0.7	0.0	0.09
5yr CAGR Net Profit	1.64 %	2.0 %	-1.08 %
5yr Average Return on Assets	2.64 %	14.47 %	20.57 %
Shareholdings
Promoter Holding	35.15 %	51.89 %	66.41 %
Share Pledged by Promoters	0.01 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.09 %	-0.05 %	6.41 %
Change in Mutual Fund Holding (3 Yrs)	14.49 %	-0.54 %	2.58 %

Business

	Sai Life Sciences	Divi's Lab	Cohance Lifesciences
Product Wise Break-Up	Product Wise Break-Up CDMO 63.0 Contract research 37.0 Nutraceuticals 0 Custom Synthesis 0 Generics 0 0 Specialty Chemicals 0	Product Wise Break-Up Contract research 0 0 API 49.0 CDMO 0 Nutraceuticals 0 Specialty Chemicals 0 Custom Synthesis 51.0	Product Wise Break-Up Contract research 0 Contract Technical Services & Formulations 41.45 Generics 0 Contract Research & Contract Manufacturing (CRAMS) 40.98 Nutraceuticals 0 Specialty Chemicals 17.57 Custom Synthesis 0
Location Wise Break-Up	Location Wise Break-Up Outside India 97.4 India 2.6 Europe 0 Asia 0 USA 0 Rest of the World 0 EUROPE 0 INDIA 0	Location Wise Break-Up Europe 51.77 Outside India 0 USA 18.25 Asia Pacific 12.96 INDIA 0 EUROPE 0 India 12.54 Rest of the World 4.47 Others 0.01	Location Wise Break-Up Europe 0 Outside India 0 USA 14.51 Asia 0 India 9.07 Europe 71.08 India 0 Rest of the World 0 Others 5.34
Asset Break-Up - Geography Wise	Asset Break-Up - Geography Wise India 92.98 Outside India 7.02	-	-