SIRCA Paints India Ltd. benchmarking: Perfomance to industry peers

Financial

	SIRCA Paints India	Indigo Paints	Shalimar Paints
Operational Metrics
Financials
5 yr Average ROE	13.72 %	15.7 %	-18.81 %
5yr average Equity Multiplier	1.25	1.38	1.97
5yr Average Asset Turnover Ratio	0.75	1.0	0.72
5yr Avg Net Profit Margin	14.46 %	11.38 %	-13.37 %
Price to Book	8.23	4.61	2.05
P/E	54.23	33.59	0.0
5yr Avg Cash Conversion Cycle	111.54 Days	-14.83 Days	-7.25 Days
Inventory Days	120.18 Days	39.09 Days	74.81 Days
Days Receivable	77.51 Days	51.63 Days	67.48 Days
Days Payable	89.31 Days	151.19 Days	133.54 Days
5yr Average Interest Coverage Ratio	1151.95	63.62	-2.3
5yr Avg ROCE	18.16 %	19.12 %	-9.17 %
5yr Avg Operating Profit Margin	18.11 %	17.52 %	-5.56 %
5 yr average Debt to Equity	0.04	0.0	0.44
5yr CAGR Net Profit	24.23 %	n/a	9.96 %
5yr Average Return on Assets	11.03 %	11.36 %	-9.46 %
Shareholdings
Promoter Holding	65.19 %	53.88 %	74.96 %
Share Pledged by Promoters	0.0	0.0	61.35 %
Change in Promoter Holding (3 Yrs)	-2.36 %	-0.12 %	35.04 %
Change in Mutual Fund Holding (3 Yrs)	-3.81 %	18.37 %	0.0

	SIRCA Paints India	Indigo Paints	Shalimar Paints
Product Wise Break-Up	Product Wise Break-Up Paints 100.0 Primers, Distempers and Others 0 Enamels and Wood Coatings 0 Emulsions 0 Cement Paints and Putty 0 Industrial 0 Decorative 0	Product Wise Break-Up Distempers 22.0 Paints & Coatings 15.0 Decorative 0 Exterior & Interior Emulsions 45.0 Paints 0 Enamels 18.0 Industrial 0	Product Wise Break-Up Primers, Distempers and Others 0 Cement Paints and Putty 0 Decorative segment 59.75 Emulsions 0 Paints 0 Enamels and Wood Coatings 0 Industrial & Commercial 39.31 Others 0.94
Location Wise Break-Up	Location Wise Break-Up India 100.0 Domestic 0 Outside India 0 West India 0 South India 0 East India 0 North India 0	Location Wise Break-Up West India 0 Outside India 0 North India 0 East India 0 South India 0 India 0 Domestic 99.75 Others 0.25	Location Wise Break-Up West India 0 Outside India 2.34 North India 0 East India 0 South India 0 India 97.66 Domestic 0
Customer Segment	Customer Segment Retail 70.0 OEM 30.0	-	-