Tanla Platforms Ltd. benchmarking: Perfomance to industry peers

Financial

	Tanla Platforms	Happiest Minds Tech.	Axiscades Tech.
Operational Metrics
Financials
5 yr Average ROE	31.96 %	22.61 %	3.01 %
5yr average Equity Multiplier	1.61	1.78	2.18
5yr Average Asset Turnover Ratio	1.36	0.81	0.85
5yr Avg Net Profit Margin	14.38 %	15.6 %	1.91 %
Price to Book	3.66	4.79	10.25
P/E	17.27	39.97	84.66
5yr Avg Cash Conversion Cycle	76.13 Days	54.25 Days	13.66 Days
Inventory Days	0.0	0.0	22.46 Days
Days Receivable	76.13 Days	54.25 Days	94.89 Days
Days Payable	0.0	4.9 Days	152.44 Days
5yr Average Interest Coverage Ratio	145.8	16.61	2.16
5yr Avg ROCE	39.55 %	27.3 %	17.01 %
5yr Avg Operating Profit Margin	18.79 %	22.01 %	13.9 %
5 yr average Debt to Equity	0.0	0.44	0.4
5yr CAGR Net Profit	7.33 %	2.59 %	n/a
5yr Average Return on Assets	19.69 %	12.98 %	1.81 %
Shareholdings
Promoter Holding	46.17 %	44.21 %	58.08 %
Share Pledged by Promoters	0.0	1.76 %	15.78 %
Change in Promoter Holding (3 Yrs)	2.43 %	-9.04 %	-8.45 %
Change in Mutual Fund Holding (3 Yrs)	0.56 %	6.83 %	0.28 %

	Tanla Platforms	Happiest Minds Tech.	Axiscades Tech.
Product Wise Break-Up	Product Wise Break-Up Messaging services 100.0 GBS (Generative AI Business Services) 0 Product Engineering Services 0 Digital business solution 0 0 Defence 0 Technology Services and Solutions 0	Product Wise Break-Up Digital business solution 0 Messaging services 0 Product Engineering 76.2 Defence 0 Technology Services and Solutions 0 Management & Maintenance services 16.3 GBS (Generative AI Business Services) 2.3 Others 5.2	Product Wise Break-Up Digital business solution 0 Messaging services 0 Product Engineering Services 0 Defence 24.24 Engineering 75.76 0 GBS (Generative AI Business Services) 0
Location Wise Break-Up	Location Wise Break-Up Domestic 59.16 International 40.84 Europe 0 UK 0 USA 0 India 0 Asia Pacific/India 0 North america 0 Canada 0	Location Wise Break-Up Canada 0 Asia Pacific/India 0 Domestic 0 North america 0 USA 59.5 International 0 India 17.6 UK 0 Europe 7.4 Others 15.5	Location Wise Break-Up Canada 4.0 Asia Pacific 32.0 Domestic 0 North america 0 USA 27.0 International 0 India 0 UK 0 Europe 37.0
Asset Break-Up	Asset Break-Up India 98.2 Defence 0 Technology Services and Solutions 0 Others 1.8	-	Asset Break-Up India 0 Defence 36.34 Engineering Design 44.74 Others 18.92