Bliss GVS Pharma Ltd.

Financial

	Bliss GVS Pharma	Lincoln Pharma	Ind-Swift
Operational Metrics
Pharmaceutical Sector
R&D as a % of Total Sales	2.13 %	3.1 %	n/a
Financials
5 yr Average ROE	10.14 %	16.41 %	30.85 %
5yr average Equity Multiplier	1.36	1.35	-1.62
5yr Average Asset Turnover Ratio	0.7	0.87	0.48
5yr Avg Net Profit Margin	10.24 %	14.05 %	-45.85 %
Price to Book	1.13	2.21	0.0
P/E	14.46	14.03	8.01
5yr Avg Cash Conversion Cycle	162.62 Days	10.4 Days	-212.7 Days
Inventory Days	46.41 Days	41.92 Days	74.98 Days
Days Receivable	188.89 Days	86.41 Days	85.13 Days
Days Payable	68.35 Days	100.81 Days	267.01 Days
5yr Average Interest Coverage Ratio	19.86	44.62	-6.47
5yr Avg ROCE	17.11 %	20.85 %	-66.14 %
5yr Avg Operating Profit Margin	21.12 %	21.16 %	-5.79 %
5 yr average Debt to Equity	0.14	0.03	-2.08
5yr CAGR Net Profit	-10.55 %	8.4 %	n/a
5yr Average Return on Assets	7.4 %	12.15 %	-16.74 %
Shareholdings
Promoter Holding	34.97 %	49.53 %	55.58 %
Share Pledged by Promoters	0.0	0.0	42.81 %
Change in Promoter Holding (3 Yrs)	1.66 %	12.27 %	0.03 %
Change in Mutual Fund Holding (3 Yrs)	-0.03 %	0.0	0.0

Business

	Bliss GVS Pharma	Lincoln Pharma	Ind-Swift
Product Wise Break-Up	Product Wise Break-Up Anti Malarials 43.0 Anti-fungal 16.0 Anti Inflammatory 7.0 Antibiotics 5.0 Anti-bacterial 0 Central Nervous System 0 Cardiovascular System 0 Blood and Blood Forming Organs 0 Parasitology 0 Musculo-Skeletal System 0 Genito Urinary System and Sex Hormones 0 Alimentary Tract and Metabolism 0 Respiratory Systems 0 General Anti Infectives 0 Sales of APIs 0 Others 29.0	Product Wise Break-Up Anti-fungal 0 Genito Urinary System and Sex Hormones 1.6 Sales of APIs 0 Anti-Infective 29.2 Anti Inflammatory 0 Alimentary Tract and Metabolism 5.9 Anti-bacterial 0 Antibiotics 0 Central Nervous System (CNS) 0.5 Cardiac Science 2.9 Anti Malarials 0 Musculo-Skeletal System 17.9 Respiratory Systems 9.8 Parasitology 6.9 Blood and Blood Forming Organs 0.6 Others 24.7	Product Wise Break-Up Anti-fungal 0 Genito Urinary System and Sex Hormones 0 Active Pharmaceutical Ingredient (API) 100.0 General Anti Infectives 0 Anti Inflammatory 0 Alimentary Tract and Metabolism 0 Anti-bacterial 0 Antibiotics 0 Central Nervous System 0 Cardiovascular System 0 Anti Malarials 0 Musculo-Skeletal System 0 Respiratory Systems 0 Parasitology 0 Blood and Blood Forming Organs 0
Location Wise Break-Up	Location Wise Break-Up Rest of the World 94.76 India 5.24	Location Wise Break-Up Rest of the World 57.44 India 42.56	Location Wise Break-Up Rest of the World 70.86 India 29.14