Poddar Pigments Ltd.

Financial

	Poddar Pigments	Bhatia Colour Chem	Vipul Organics
Operational Metrics
Pigments
Capacity Utilization - Pigments	95.0 %	n/a	n/a
Manufacturing Capacity - Pigments	14100.0 MTPA	n/a	n/a
Financials
5 yr Average ROE	9.06 %	3.69 %	10.86 %
5yr average Equity Multiplier	1.23	2.05	2.54
5yr Average Asset Turnover Ratio	0.98	0.73	1.06
5yr Avg Net Profit Margin	7.61 %	3.05 %	3.96 %
Price to Book	0.87	0.0	4.29
P/E	12.4	108.17	54.83
5yr Avg Cash Conversion Cycle	74.94 Days	208.4 Days	44.57 Days
Inventory Days	54.31 Days	257.77 Days	68.89 Days
Days Receivable	52.22 Days	256.96 Days	95.41 Days
Days Payable	26.07 Days	362.91 Days	154.69 Days
5yr Average Interest Coverage Ratio	64.83	3.91	5.72
5yr Avg ROCE	12.07 %	6.13 %	16.11 %
5yr Avg Operating Profit Margin	10.05 %	6.32 %	10.28 %
5 yr average Debt to Equity	0.0	0.6	0.59
5yr CAGR Net Profit	6.28 %	46.0 %	-6.92 %
5yr Average Return on Assets	7.33 %	2.05 %	4.17 %
Shareholdings
Promoter Holding	62.43 %	45.85 %	67.76 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	1.71 %	1.54 %
Change in Mutual Fund Holding (3 Yrs)	-0.01 %	0.0	0.0

Business

	Poddar Pigments	Bhatia Colour Chem	Vipul Organics
Product Wise Break-Up	Product Wise Break-Up Special Master Batches 100.0 Chemicals & Dyes 0 0	Product Wise Break-Up Special Master Batches 0 Chemicals 100.0 0	Product Wise Break-Up Special Master Batches 0 Chemicals & Dyes 0 Dyes & Pigments 100.0
Location Wise Break-Up	Location Wise Break-Up India 83.8 Rest of the World 16.2	Location Wise Break-Up Rest of the World 0 India 100.0	-
Raw Material Break-Up	Raw Material Break-Up Pigments 61.05 Polymer Resins 35.51 Waxes 2.01 Others 1.43	-	-