Themis Medicare Ltd.

Financial

	Themis Medicare	Shree Ganesh Remed.	Hester Biosciences
Operational Metrics
Pharmaceutical Sector
R&D as a % of Total Sales	3.59 %	2.02 %	1.53 %
Financials
5 yr Average ROE	16.7 %	20.92 %	12.14 %
5yr average Equity Multiplier	1.64	1.41	2.11
5yr Average Asset Turnover Ratio	0.69	0.84	0.45
5yr Avg Net Profit Margin	14.74 %	18.24 %	12.98 %
Price to Book	3.12	7.44	5.49
P/E	27.88	34.11	53.24
5yr Avg Cash Conversion Cycle	83.02 Days	57.72 Days	83.43 Days
Inventory Days	75.24 Days	52.82 Days	106.53 Days
Days Receivable	154.39 Days	53.79 Days	94.77 Days
Days Payable	149.43 Days	63.57 Days	142.53 Days
5yr Average Interest Coverage Ratio	6.9	61.66	7.46
5yr Avg ROCE	18.52 %	24.99 %	12.53 %
5yr Avg Operating Profit Margin	19.18 %	25.8 %	24.84 %
5 yr average Debt to Equity	0.34	0.2	0.74
5yr CAGR Net Profit	11.92 %	35.12 %	-8.32 %
5yr Average Return on Assets	10.34 %	15.1 %	5.95 %
Shareholdings
Promoter Holding	67.15 %	72.8 %	53.73 %
Share Pledged by Promoters	2.43 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.03 %	3.68 %	0.0
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	-0.03 %

Business

	Themis Medicare	Shree Ganesh Remed.	Hester Biosciences
Product Wise Break-Up	Product Wise Break-Up Pharmaceutical 100.0 Formulation 0 API 0 Animal Healthcare 0 Poultry Healthcare 0	-	Product Wise Break-Up Pharmaceutical 0 Animal Health 40.33 Poultry Healthcare 59.67 Formulation 0 API 0
Location Wise Break-Up	Location Wise Break-Up India 71.55 Rest of the World 28.45 North America 0 Africa 0 Latin America 0 SE Asia 0 Europe 0 Nepal 0	Location Wise Break-Up Nepal 0 SE Asia 0 Africa 0 India 49.89 Rest of the World 0 Latin America 0 Europe 0 North America 0 Others 50.11	Location Wise Break-Up Nepal 0 SE Asia 0 Africa 0 India 84.0 Rest of the World 16.0 Latin America 0 Europe 0 North America 0
Verticals	Verticals API & Co. Mkt 42.0 Hospital 37.0 Trade 21.0	-	-