Hester Biosciences Ltd.

Financial

	Hester Biosciences	Themis Medicare	Shree Ganesh Remed.
Operational Metrics
Pharmaceutical Sector
R&D as a % of Total Sales	1.53 %	3.59 %	2.02 %
Financials
5 yr Average ROE	12.14 %	16.7 %	20.92 %
5yr average Equity Multiplier	2.11	1.64	1.41
5yr Average Asset Turnover Ratio	0.45	0.69	0.84
5yr Avg Net Profit Margin	12.98 %	14.74 %	18.24 %
Price to Book	5.04	3.31	7.17
P/E	48.87	29.56	32.82
5yr Avg Cash Conversion Cycle	83.43 Days	83.02 Days	57.72 Days
Inventory Days	106.53 Days	75.24 Days	52.82 Days
Days Receivable	94.77 Days	154.39 Days	53.79 Days
Days Payable	142.53 Days	149.43 Days	63.57 Days
5yr Average Interest Coverage Ratio	7.46	6.9	61.66
5yr Avg ROCE	12.53 %	18.52 %	24.99 %
5yr Avg Operating Profit Margin	24.84 %	19.18 %	25.8 %
5 yr average Debt to Equity	0.74	0.34	0.2
5yr CAGR Net Profit	-8.32 %	11.92 %	35.12 %
5yr Average Return on Assets	5.95 %	10.34 %	15.1 %
Shareholdings
Promoter Holding	53.73 %	67.15 %	72.8 %
Share Pledged by Promoters	0.0	2.43 %	0.0
Change in Promoter Holding (3 Yrs)	0.0	-0.03 %	3.68 %
Change in Mutual Fund Holding (3 Yrs)	-0.02 %	0.0	0.0

Business

	Hester Biosciences	Themis Medicare	Shree Ganesh Remed.
Product Wise Break-Up	Product Wise Break-Up Poultry Healthcare 59.67 Animal Health 40.33 Formulation 0 API 0 Pharmaceuticals 0	Product Wise Break-Up Animal Health 0 API 0 Poultry Healthcare 0 Formulation 0 Pharmaceutical 100.0	-
Location Wise Break-Up	Location Wise Break-Up India 84.0 Rest of the World 16.0 Africa 0 Nepal 0 North America 0 Latin America 0 SE Asia 0 Europe 0	Location Wise Break-Up Europe 0 Africa 0 SE Asia 0 Rest of the World 28.45 Nepal 0 Latin America 0 North America 0 India 71.55	Location Wise Break-Up Europe 0 Africa 0 SE Asia 0 Rest of the World 0 Nepal 0 Latin America 0 North America 0 India 49.89 Others 50.11
Distribution Channel	Distribution Channel Trading 81.0 Tender Business 19.0	-	-
Operating Profit Break-Up	Operating Profit Break-Up Poultry Healthcare 51.59 Animal Health 48.41	-	-
Capex	Capex pou 91.45 Animal Health 8.06 Others 0.49	-	-
Asset Break-Up	Asset Break-Up Poultry Healthcare 36.92 Animal Health 32.43 Others 30.65	-	-