Gandhar Oil Refinery (India) Ltd.

Financial

	Gandhar Oil Refinery	Panama Petrochem	Veedol Corporation
Operational Metrics
Financials
5 yr Average ROE	18.06 %	20.59 %	17.29 %
5yr average Equity Multiplier	2.33	1.72	2.09
5yr Average Asset Turnover Ratio	2.36	1.43	1.01
5yr Avg Net Profit Margin	3.43 %	8.33 %	8.42 %
Price to Book	1.27	1.94	3.07
P/E	19.73	11.16	17.61
5yr Avg Cash Conversion Cycle	44.15 Days	73.98 Days	30.85 Days
Inventory Days	33.0 Days	79.32 Days	59.35 Days
Days Receivable	52.58 Days	58.45 Days	42.99 Days
Days Payable	73.28 Days	85.53 Days	74.34 Days
5yr Average Interest Coverage Ratio	4.84	21.27	88.13
5yr Avg ROCE	29.67 %	27.38 %	19.76 %
5yr Avg Operating Profit Margin	5.93 %	11.36 %	9.9 %
5 yr average Debt to Equity	0.25	0.06	0.02
5yr CAGR Net Profit	70.13 %	46.64 %	3.21 %
5yr Average Return on Assets	8.04 %	12.25 %	8.31 %
Shareholdings
Promoter Holding	65.01 %	61.94 %	64.29 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.38 %	-9.17 %	7.01 %
Change in Mutual Fund Holding (3 Yrs)	-3.06 %	0.0	0.0

Business

	Gandhar Oil Refinery	Panama Petrochem	Veedol Corporation
Segment Break-Up	Segment Break-Up Speciality Oil 99.92 0 Others 0.08	-	-
Location Wise Break-Up	Location Wise Break-Up India 41.57 Rest of the World 0 Others 58.43	Location Wise Break-Up Rest of the World 56.0 India 44.0	Location Wise Break-Up Rest of the World 20.51 India 79.49
Operating Profit Break-Up	Operating Profit Break-Up Speciality Oil 97.53 Non-coking Coal and Logistics 1.42 Others 1.05	-	-
Asset Break-Up - Geography Wise	Asset Break-Up - Geography Wise India 64.6 Others 35.4	-	-