Tamil Nadu Newsprint & Papers Ltd. benchmarking: Perfomance to industry peers

Financial

	TN Newsprints	Kuantum Papers	Pudumjee Paper
Operational Metrics
Paper & Board
Capacity Utilization - Paper & Board	70.0 %	100.0 %	89.0 %
Realization/Tonne - Paper & Board	61866.0 Rs/MT	n/a	n/a
Manufacturing Capacity - Paper & Board	60000.0 MTPA	164250.0 MTPA	72000.0 MTPA
Unclassified
Advertisement Spend as a % of Total Sales	0.1 %	n/a	n/a
Financials
5 yr Average ROE	5.38 %	8.0 %	14.22 %
5yr average Equity Multiplier	3.25	1.83	1.62
5yr Average Asset Turnover Ratio	0.71	0.54	0.99
5yr Avg Net Profit Margin	2.0 %	6.89 %	9.05 %
Price to Book	0.46	0.66	1.25
P/E	32.38	14.8	8.54
5yr Avg Cash Conversion Cycle	6.11 Days	-3.8 Days	18.53 Days
Inventory Days	67.04 Days	38.13 Days	68.45 Days
Days Receivable	32.52 Days	12.09 Days	32.5 Days
Days Payable	138.57 Days	57.0 Days	104.61 Days
5yr Average Interest Coverage Ratio	1.88	3.28	21.27
5yr Avg ROCE	10.21 %	11.53 %	17.78 %
5yr Avg Operating Profit Margin	12.34 %	20.07 %	14.29 %
5 yr average Debt to Equity	1.14	0.66	0.11
5yr CAGR Net Profit	n/a	n/a	26.1 %
5yr Average Return on Assets	1.8 %	4.65 %	9.08 %
Shareholdings
Promoter Holding	35.32 %	70.3 %	71.55 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.0	0.5 %
Change in Mutual Fund Holding (3 Yrs)	-2.61 %	0.0	0.0

	TN Newsprints	Kuantum Papers	Pudumjee Paper
Product Wise Break-Up	Product Wise Break-Up Paper & Board 88.36 Energy 11.64 Cement 0 Paper And Board 0 Hygiene Products 0 Paper 0	Product Wise Break-Up Paper & Board 100.0 Hygiene Products 0 Cement 0 Paper & Board 0 Energy 0 Paper 0	Product Wise Break-Up Paper And Board 0 Hygiene Products 8.32 Cement 0 Paper & Board 0 Energy 0 Paper 91.68
Location Wise Break-Up	Location Wise Break-Up India 87.23 Rest of the World 12.77 Nepal 0	Location Wise Break-Up Nepal 0 Rest of the World 0 India 93.47 Others 6.53	Location Wise Break-Up Nepal 0 Rest of the World 2.89 India 97.11
Operating Profit Break-Up	Operating Profit Break-Up Paper & Board 93.94 Energy 6.06 Cement 0	-	-
Raw Material Break-Up	Raw Material Break-Up Bagasse 3.63 Imported Pulp 0 LSFM - Raw materials 0 Waste Paper 0 Wood 0 Others 96.37	-	-
Asset Break-Up	Asset Break-Up Paper & Board 91.92 Energy 7.7 Cement 0 Hygiene Products 0 Paper 0 Others 0.38	-	Asset Break-Up Personal Care 1.13 Cement 0 Paper & Board 0 Energy 0 Paper 85.06 Others 13.81