Bhageria Industries Ltd.

Financial

	Bhageria Industries	Bodal Chemicals	DIC India
Operational Metrics
Chemical Sector
Capacity Utilization - Dyes Intermediates	85.0 %	75.4 %	n/a
Manufacturing Capacity - Dyes Intermediates	14000.0 MTPA	38400.0 MTPA	n/a
Financials
5 yr Average ROE	8.32 %	5.53 %	6.91 %
5yr average Equity Multiplier	1.31	1.89	1.6
5yr Average Asset Turnover Ratio	0.77	0.79	1.23
5yr Avg Net Profit Margin	8.19 %	3.54 %	3.99 %
Price to Book	1.57	0.82	1.36
P/E	19.13	48.7	31.47
5yr Avg Cash Conversion Cycle	66.07 Days	80.79 Days	74.33 Days
Inventory Days	32.92 Days	72.08 Days	42.1 Days
Days Receivable	104.48 Days	104.83 Days	94.25 Days
Days Payable	57.05 Days	89.93 Days	60.32 Days
5yr Average Interest Coverage Ratio	34.57	3.95	5.94
5yr Avg ROCE	10.63 %	8.61 %	3.39 %
5yr Avg Operating Profit Margin	15.26 %	8.6 %	2.89 %
5 yr average Debt to Equity	0.08	0.58	0.01
5yr CAGR Net Profit	-8.4 %	-40.55 %	-25.63 %
5yr Average Return on Assets	6.3 %	3.08 %	4.37 %
Shareholdings
Promoter Holding	71.75 %	57.32 %	71.75 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.31 %	-1.62 %	0.0
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0

Business

	Bhageria Industries	Bodal Chemicals	DIC India
Product Wise Break-Up	Product Wise Break-Up Chemicals 85.46 Solar Power 4.39 H ACID 0 VINLY SULPHONE ESTER 0 Lamination Adhesives 0 Printing Inks 0 Others 10.15	Product Wise Break-Up Printing Inks 0 Lamination Adhesives 0 VINLY SULPHONE ESTER 15.0 H Acid 9.0 Chemicals 0 Solar Power 0 Others 76.0	Product Wise Break-Up Dyes & Pigments 100.0 Lamination Adhesives 0 VINLY SULPHONE ESTER 0 H ACID 0 Chemicals 0 Solar Power 0
Location Wise Break-Up	Location Wise Break-Up India 84.3 China 3.93 Taiwan 1.1 Thailand 0.94 Indonesia 0.79 South Korea 0.63 Japan 0.31 Europe 0 USA 0 Rest of the World 0 Asia 0 North America 0 South America 0 Others 8.0	Location Wise Break-Up Asia 0 South America 0 India 75.0 Japan 0 USA 0 Europe 0 Taiwan 0 Thailand 0 China 0 North America 0 South Korea 0 Rest of the World 25.0 Indonesia 0	Location Wise Break-Up Asia 0 South America 0 India 90.3 Japan 0 USA 0 Europe 0 Taiwan 0 Thailand 0 China 0 North America 0 South Korea 0 Rest of the World 0 Indonesia 0 Others 9.7
Operating Profit Break-Up	Operating Profit Break-Up Adhesives 0 Printing Inks 0 Others 100	-	Operating Profit Break-Up Printing Inks 72.58 Adhesives 0 Others 27.42
Asset Break-Up	Asset Break-Up Adhesives 0 Printing Inks 0 Others 100	-	Asset Break-Up Printing Inks 65.94 Adhesives 6.68 Others 27.38