Wockhardt Ltd.

Financial

	Wockhardt	JB Chem & Pharma	Eris Lifesciences
Operational Metrics
Pharmaceutical Sector
Domestic Sales Growth - YoY	10.6 %	10.1 %	6.1 %
R&D as a % of Total Sales	4.6 %	1.35 %	0.0
Financials
5 yr Average ROE	-3.51 %	19.49 %	17.74 %
5yr average Equity Multiplier	2.02	1.52	1.76
5yr Average Asset Turnover Ratio	0.39	0.77	0.51
5yr Avg Net Profit Margin	-4.28 %	16.71 %	22.76 %
Price to Book	6.22	8.05	8.6
P/E	0.0	40.35	69.76
5yr Avg Cash Conversion Cycle	-94.15 Days	7.58 Days	-54.68 Days
Inventory Days	61.29 Days	50.33 Days	27.48 Days
Days Receivable	60.36 Days	67.54 Days	54.07 Days
Days Payable	251.45 Days	90.39 Days	148.48 Days
5yr Average Interest Coverage Ratio	-0.43	58.81	66.44
5yr Avg ROCE	-0.28 %	23.05 %	18.34 %
5yr Avg Operating Profit Margin	5.03 %	24.73 %	34.43 %
5 yr average Debt to Equity	0.56	0.07	0.46
5yr CAGR Net Profit	n/a	8.05 %	-0.19 %
5yr Average Return on Assets	-1.79 %	12.98 %	12.4 %
Shareholdings
Promoter Holding	49.09 %	47.73 %	54.83 %
Share Pledged by Promoters	15.64 %	0.0	16.93 %
Change in Promoter Holding (3 Yrs)	-16.66 %	-6.27 %	2.53 %
Change in Mutual Fund Holding (3 Yrs)	7.99 %	1.15 %	6.42 %

Business

	Wockhardt	JB Chem & Pharma	Eris Lifesciences
Product Wise Break-Up	Product Wise Break-Up Pharmaceutical 100.0 CDMO 0 API 0 Formulation exported 0 Domestic formulation 0	Product Wise Break-Up Contract Manufacturing 13.59 Active Pharmaceutical Ingredient (API) 2.0 Pharmaceutical 0 Domestic Formulations 54.69 Formulations 29.72	Product Wise Break-Up CDMO 0 API 0 Pharmaceutical 0 Domestic formulation 0 Formulation exported 0 Others 100
Location Wise Break-Up	Location Wise Break-Up Rest of the World 78.11 India 21.89 Europe 0 USA 0 Russia 0 South Africa 0 West India 0 East India 0 South India 0 North India 0	Location Wise Break-Up Russia 0 West India 0 East India 0 Rest of the World 42.09 South India 0 India 57.91 South Africa 0 Europe 0 USA 0 North India 0	Location Wise Break-Up Russia 0 West India 31.0 East India 11.0 Rest of the World 0 South India 30.0 India 0 South Africa 0 Europe 0 USA 0 North India 17.0 Others 11.0
Asset Break-Up	Asset Break-Up Others 100	-	-