Akzo Nobel India Ltd.

Financial

	Akzo Nobel India	MRF	Indigo Paints
Operational Metrics
Paints & Coatings Sector
Realization/Litre -Paints & Coatings	102.0 Rs/L	n/a	n/a
Unclassified
Advertisement Spend as a % of Total Sales	2.41 %	n/a	7.36 %
Financials
5 yr Average ROE	20.47 %	8.32 %	17.0 %
5yr average Equity Multiplier	3.15	1.65	1.78
5yr Average Asset Turnover Ratio	0.76	0.84	1.16
5yr Avg Net Profit Margin	8.55 %	6.1 %	8.81 %
Price to Book	9.82	3.27	7.34
P/E	30.61	26.22	44.52
5yr Avg Cash Conversion Cycle	-22.61 Days	58.73 Days	-38.37 Days
Inventory Days	59.7 Days	63.88 Days	42.83 Days
Days Receivable	50.29 Days	37.6 Days	53.85 Days
Days Payable	151.92 Days	59.54 Days	177.23 Days
5yr Average Interest Coverage Ratio	38.9	5.74	46.25
5yr Avg ROCE	15.28 %	11.16 %	21.21 %
5yr Avg Operating Profit Margin	14.57 %	15.42 %	15.34 %
5 yr average Debt to Equity	0.0	0.18	0.13
5yr CAGR Net Profit	9.69 %	-7.42 %	n/a
5yr Average Return on Assets	6.48 %	5.03 %	9.77 %
Shareholdings
Promoter Holding	74.76 %	27.78 %	53.94 %
Share Pledged by Promoters	0.0	0.09 %	0.0
Change in Promoter Holding (3 Yrs)	0.0	-0.06 %	-0.06 %
Change in Mutual Fund Holding (3 Yrs)	0.05 %	-1.23 %	-1.29 %

Business

	Akzo Nobel India	MRF	Indigo Paints
Product Wise Break-Up	Product Wise Break-Up Coatings 100.0 Speciality Coating 0 Automobile Tubes 0 Automobile Tyres 0 Primers, Distempers and Others 0 Enamels and Wood Coatings 0 Emulsions 0 Cement Paints and Putty 0	Product Wise Break-Up Tyres 90.54 Coatings 0 Emulsions 0 Speciality Coating 1.84 Primers, Distempers and Others 0 Enamels and Wood Coatings 0 Cement Paints and Putty 0 Automobile Tubes 5.86 Others 1.76	Product Wise Break-Up Automobile Tyres 0 Coatings 0 Exterior & Interior Emulsions 45.0 Speciality Coating 0 Distempers 22.0 Enamels 18.0 Paints & Coatings 15.0 Automobile Tubes 0
Location Wise Break-Up	Location Wise Break-Up India 94.93 Rest of the World 5.07 Domestic 0	Location Wise Break-Up Rest of the World 0 India 91.78 Domestic 0 Others 8.22	Location Wise Break-Up Rest of the World 0 India 0 Domestic 99.7 Others 0.3
Asset Break-Up	Asset Break-Up India 100.0	Asset Break-Up India 99.92 Others 0.08	-