SIRCA Paints India Ltd.

Financial

	SIRCA Paints India	Grauer & Weil (I)	Saurashtra Cement
Operational Metrics
Financials
5 yr Average ROE	12.88 %	15.3 %	5.04 %
5yr average Equity Multiplier	1.23	1.43	1.49
5yr Average Asset Turnover Ratio	0.68	0.95	1.02
5yr Avg Net Profit Margin	15.32 %	11.2 %	3.9 %
Price to Book	6.14	5.87	1.57
P/E	36.2	31.01	35.19
5yr Avg Cash Conversion Cycle	97.89 Days	24.62 Days	-185.6 Days
Inventory Days	131.53 Days	50.57 Days	40.26 Days
Days Receivable	66.11 Days	52.87 Days	14.88 Days
Days Payable	102.83 Days	82.08 Days	1940.02 Days
5yr Average Interest Coverage Ratio	576.5	43.7	8.89
5yr Avg ROCE	17.57 %	19.27 %	8.09 %
5yr Avg Operating Profit Margin	22.88 %	18.13 %	9.39 %
5 yr average Debt to Equity	0.02	0.04	0.07
5yr CAGR Net Profit	12.88 %	12.08 %	34.91 %
5yr Average Return on Assets	10.56 %	10.68 %	3.46 %
Shareholdings
Promoter Holding	67.55 %	69.05 %	66.96 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.0	-6.2 %
Change in Mutual Fund Holding (3 Yrs)	-1.66 %	0.0	0.0

Business

	SIRCA Paints India	Grauer & Weil (I)	Saurashtra Cement
Product Wise Break-Up	Product Wise Break-Up Paints 100.0 0 0 Clinker 0 Cement 0 Paints 0	Product Wise Break-Up Basic Chemicals 61.29 Paints 22.55 Paints 0 Clinker 0 Cement 0 Others 16.16	Product Wise Break-Up 0 0 Paints 2.36 Clinker 0 Cement 97.64
Location Wise Break-Up	Location Wise Break-Up India 100.0 Rest of the World 0 Gujarat 0	Location Wise Break-Up India 93.73 Gujarat 0 Rest of the World 6.27	Location Wise Break-Up India 99.99 Gujarat 0 Rest of the World 0 Others 0.01
Customer Segment	Customer Segment Retail 70.0 OEM 30.0	-	-