SIRCA Paints India Ltd. benchmarking: Perfomance to industry peers

Financial

	SIRCA Paints India	Shalimar Paints	Indigo Paints
Operational Metrics
Financials
5 yr Average ROE	13.72 %	-18.81 %	15.7 %
5yr average Equity Multiplier	1.25	1.97	1.38
5yr Average Asset Turnover Ratio	0.75	0.72	1.0
5yr Avg Net Profit Margin	14.46 %	-13.37 %	11.38 %
Price to Book	7.94	2.28	5.19
P/E	52.32	0.0	37.82
5yr Avg Cash Conversion Cycle	111.54 Days	-7.25 Days	-14.83 Days
Inventory Days	120.18 Days	74.81 Days	39.09 Days
Days Receivable	77.51 Days	67.48 Days	51.63 Days
Days Payable	89.31 Days	133.54 Days	151.19 Days
5yr Average Interest Coverage Ratio	1151.95	-2.3	63.62
5yr Avg ROCE	18.16 %	-9.17 %	19.12 %
5yr Avg Operating Profit Margin	18.11 %	-5.56 %	17.52 %
5 yr average Debt to Equity	0.04	0.44	0.0
5yr CAGR Net Profit	24.23 %	9.96 %	n/a
5yr Average Return on Assets	11.03 %	-9.46 %	11.36 %
Shareholdings
Promoter Holding	67.55 %	74.96 %	53.92 %
Share Pledged by Promoters	0.0	57.68 %	0.0
Change in Promoter Holding (3 Yrs)	0.0	35.04 %	-0.08 %
Change in Mutual Fund Holding (3 Yrs)	-3.91 %	0.0	17.76 %

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