Senores Pharmaceuticals Ltd.

Financial

	Senores Pharmaceutic	Ajanta Pharma	Alembic Pharma
Operational Metrics
Pharmaceutical Sector
Number of ANDA's Filed in USA	53.0 .	74.0 .	263.0 .
Number of ANDA's Approved By USFDA	24.0 .	53.0 .	219.0 .
Number of ANDA's Approved	n/a	n/a	n/a
R&D as a % of Total Sales	10.71 %	5.0 %	7.0 %
Financials
5 yr Average ROE	12.21 %	20.38 %	15.79 %
5yr average Equity Multiplier	2.48	1.34	1.48
5yr Average Asset Turnover Ratio	0.29	0.79	0.83
5yr Avg Net Profit Margin	15.17 %	19.43 %	13.0 %
Price to Book	0.0	9.16	3.42
P/E	80.34	37.5	27.63
5yr Avg Cash Conversion Cycle	-69.14 Days	-93.41 Days	1.45 Days
Inventory Days	47.61 Days	61.2 Days	94.67 Days
Days Receivable	114.09 Days	52.69 Days	60.69 Days
Days Payable	279.35 Days	198.04 Days	176.63 Days
5yr Average Interest Coverage Ratio	4.49	108.17	36.16
5yr Avg ROCE	10.49 %	25.98 %	17.34 %
5yr Avg Operating Profit Margin	23.01 %	27.51 %	19.56 %
5 yr average Debt to Equity	0.98	0.0	0.2
5yr CAGR Net Profit	99.71 %	11.78 %	-5.77 %
5yr Average Return on Assets	4.43 %	15.32 %	10.48 %
Shareholdings
Promoter Holding	45.77 %	66.26 %	69.61 %
Share Pledged by Promoters	0.0	12.61 %	0.0
Change in Promoter Holding (3 Yrs)	0.01 %	-4.22 %	0.13 %
Change in Mutual Fund Holding (3 Yrs)	-2.39 %	4.63 %	4.0 %

Business

	Senores Pharmaceutic	Ajanta Pharma	Alembic Pharma
Product Wise Break-Up	Product Wise Break-Up Emerging Markets Business 32.37 ANDA Products 26.88 Sourced formulations Products 20.72 CDMO/CMO 13.37 API Business 3.41 Critical Care Injectables 1.45 Pharmaceutical products 0 Formulations 0 API 0 Others 1.8	Product Wise Break-Up Formulations 0 Emerging Markets Business 0 CDMO/CMO 0 Critical Care Injectables 0 ANDA Products 0 Sourced formulations Products 0 Pharmaceutical 100.0 API 0 API Business 0	Product Wise Break-Up Formulations 84.7 Emerging Markets Business 0 CDMO/CMO 0 Critical Care Injectables 0 ANDA Products 0 Sourced formulations Products 0 Pharmaceutical products 0 Active Pharmaceutical Ingredient (API) 15.3 API Business 0
Location Wise Break-Up	Location Wise Break-Up Outside India 74.4 India 25.6 Asia 0 Africa 0 USA 0 Rest of the World 0	Location Wise Break-Up USA 19.55 Rest of the World 0 India 32.52 Asia Pacific 24.94 Africa 21.57 Outside India 0 Others 1.42	Location Wise Break-Up USA 0 Rest of the World 60.12 India 39.88 Asia 0 Africa 0 Outside India 0