Shanthi Gears Ltd. benchmarking: Perfomance to industry peers

Financial

	Shanthi Gears	Hi-Tech Gears	Sar Auto Products
Operational Metrics
Unclassified
R&D as a % of Total Sales	1.23 %	0.18 %	n/a
Financials
5 yr Average ROE	18.94 %	9.61 %	4.78 %
5yr average Equity Multiplier	1.31	2.48	1.66
5yr Average Asset Turnover Ratio	1.04	1.06	0.46
5yr Avg Net Profit Margin	13.65 %	4.08 %	6.37 %
Price to Book	8.35	2.6	56.95
P/E	38.8	45.35	0.0
5yr Avg Cash Conversion Cycle	51.3 Days	42.96 Days	-1008.81 Days
Inventory Days	69.99 Days	41.84 Days	26.02 Days
Days Receivable	77.02 Days	69.59 Days	38.45 Days
Days Payable	95.49 Days	85.72 Days	1250.86 Days
5yr Average Interest Coverage Ratio	221.72	2.9	11.19
5yr Avg ROCE	25.86 %	11.06 %	6.71 %
5yr Avg Operating Profit Margin	18.14 %	12.16 %	16.13 %
5 yr average Debt to Equity	0.0	0.93	0.58
5yr CAGR Net Profit	71.89 %	6.99 %	-1.37 %
5yr Average Return on Assets	14.63 %	4.52 %	3.0 %
Shareholdings
Promoter Holding	70.47 %	56.18 %	74.67 %
Share Pledged by Promoters	0.0	0.0	40.4 %
Change in Promoter Holding (3 Yrs)	0.0	-0.04 %	2.4 %
Change in Mutual Fund Holding (3 Yrs)	-0.27 %	0.0	0.0

	Shanthi Gears	Hi-Tech Gears	Sar Auto Products
Product Wise Break-Up	Product Wise Break-Up Gear and Gear products 100.0 Transmission gears and shafts 0 Construction 0 Manufacturing 0	Product Wise Break-Up Construction 0 Manufacturing 0 Gear and Gear products 0 Transmission gears and shafts 100.0	Product Wise Break-Up Construction 0 Manufacturing 100.0 Gear and Gear products 0 Transmission gears and shafts 0
Location Wise Break-Up	Location Wise Break-Up India 90.21 Rest of the World 9.79 Europe 0 America 0 Canada 0	Location Wise Break-Up Rest of the World 0 India 71.56 America 0 Europe 0 Canada 25.64 Others 2.8	Location Wise Break-Up Rest of the World 0 India 99.48 America 0 Europe 0 Canada 0 Others 0.52
Asset Break-Up	Asset Break-Up India 100.0 Canada 0	Asset Break-Up Canada 38.78 India 61.15 Others 0.07	-