Wockhardt Ltd.

Financial

	Wockhardt	Gland Pharma	JB Chem & Pharma
Operational Metrics
Pharmaceutical Sector
Domestic Sales Growth - YoY	10.6 %	n/a	10.1 %
R&D as a % of Total Sales	4.6 %	4.9 %	1.16 %
Financials
5 yr Average ROE	-3.81 %	14.74 %	19.44 %
5yr average Equity Multiplier	2.26	1.13	1.5
5yr Average Asset Turnover Ratio	0.39	0.53	0.79
5yr Avg Net Profit Margin	-4.46 %	24.17 %	16.41 %
Price to Book	6.63	3.04	7.88
P/E	0.0	39.84	41.0
5yr Avg Cash Conversion Cycle	-118.47 Days	72.51 Days	19.31 Days
Inventory Days	68.12 Days	117.52 Days	51.72 Days
Days Receivable	71.63 Days	78.29 Days	63.93 Days
Days Payable	260.3 Days	103.04 Days	85.63 Days
5yr Average Interest Coverage Ratio	-0.67	205.64	65.09
5yr Avg ROCE	-1.45 %	19.61 %	23.24 %
5yr Avg Operating Profit Margin	3.11 %	32.0 %	23.72 %
5 yr average Debt to Equity	0.71	0.01	0.08
5yr CAGR Net Profit	46.24 %	-0.01 %	15.23 %
5yr Average Return on Assets	-1.84 %	13.18 %	13.06 %
Shareholdings
Promoter Holding	49.09 %	51.83 %	47.84 %
Share Pledged by Promoters	18.24 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	-18.04 %	-6.17 %	-6.16 %
Change in Mutual Fund Holding (3 Yrs)	7.53 %	19.94 %	1.99 %

Business

	Wockhardt	Gland Pharma	JB Chem & Pharma
Product Wise Break-Up	Product Wise Break-Up Pharmaceutical 100.0 Injectables 0 CDMO 0 API 0 Formulation exported 0 Domestic formulation 0	Product Wise Break-Up Formulation exported 0 Domestic formulation 0 Pharmaceutical 0 CDMO 0 API 0 Injectables 0 Others 100	Product Wise Break-Up Formulations 29.72 Domestic Formulations 54.69 Pharmaceutical 0 Contract Manufacturing 13.59 Active Pharmaceutical Ingredient (API) 2.0 Injectables 0
Location Wise Break-Up	Location Wise Break-Up Rest of the World 78.11 India 21.89 Europe 0 USA 0 Canada, Australia & New Zealand 0 Australia 0 Canada 0 Russia 0 South Africa 0	Location Wise Break-Up USA 55.57 Europe 19.66 India 3.68 Canada 0 South Africa 0 Australia 0 Russia 0 Rest of the World 0 Canada, Australia & New Zealand 4.22 Others 16.87	Location Wise Break-Up USA 0 Europe 0 India 54.32 Canada 0 South Africa 0 Australia 0 Russia 0 Rest of the World 45.68 Canada, Australia & New Zealand 0
Asset Break-Up	Asset Break-Up Others 100	-	-