Aarti Surfactants Ltd.

Financial

	AARTISURF	Galaxy Surfactants	Ultramar & Pigments
Operational Metrics
Financials
5 yr Average ROE	7.91 %	19.11 %	11.04 %
5yr average Equity Multiplier	2.51	1.54	1.31
5yr Average Asset Turnover Ratio	1.35	1.43	0.56
5yr Avg Net Profit Margin	2.39 %	8.67 %	14.59 %
Price to Book	1.73	3.44	1.21
P/E	40.67	25.47	19.08
5yr Avg Cash Conversion Cycle	45.73 Days	51.57 Days	31.89 Days
Inventory Days	52.36 Days	53.33 Days	46.65 Days
Days Receivable	41.91 Days	58.1 Days	33.34 Days
Days Payable	47.62 Days	63.99 Days	57.93 Days
5yr Average Interest Coverage Ratio	2.37	21.81	28.89
5yr Avg ROCE	11.81 %	22.67 %	12.71 %
5yr Avg Operating Profit Margin	8.21 %	13.18 %	20.35 %
5 yr average Debt to Equity	0.93	0.2	0.08
5yr CAGR Net Profit	59.14 %	5.52 %	-1.46 %
5yr Average Return on Assets	3.19 %	12.39 %	8.47 %
Shareholdings
Promoter Holding	49.92 %	70.91 %	40.61 %
Share Pledged by Promoters	0.0	0.02 %	0.0
Change in Promoter Holding (3 Yrs)	4.88 %	-0.02 %	-3.46 %
Change in Mutual Fund Holding (3 Yrs)	-0.3 %	-1.51 %	0.0

Business

	AARTISURF	Galaxy Surfactants	Ultramar & Pigments
Product Wise Break-Up	Product Wise Break-Up Surfactants 100.0 Specialty Care Products 0 Performance Surfactants 0 Laundry & Allied 0 Revenue from IT Enabled Service 0 Sulphonation 0 Detergents 0 Pigments 0	Product Wise Break-Up Pigments 0 Specialty Care Products 39.94 Surfactants 0 Revenue from IT Enabled Service 0 Detergents 0 Performance Surfactants 60.06 Sulphonation 0 Laundry & Allied 0	Product Wise Break-Up Pigments 25.51 Specialty Care Products 0 Surfactants 0 Software Services 8.66 Detergents 1.55 Performance Surfactants 0 Sulphonation 62.01 Laundry & Allied 0 Others 2.27
Location Wise Break-Up	Location Wise Break-Up India 73.84 Rest of the World 0 Middle East & Africa 0 India 0 Others 26.16	Location Wise Break-Up Rest of the World 36.0 Middle East 23.0 India 41.0	Location Wise Break-Up Rest of the World 0 Middle East & Africa 0 India 99.61 Others 0.39
Customer Segment	Customer Segment Home and personal care ingredients 100.0	-	-
Asset Break-Up	Asset Break-Up India 100.0 Outside India 0	-	Asset Break-Up India 0 Outside India 0 Others 100