Hindustan Adhesives Ltd.

Financial

	Hindustan Adhesives	Purv Flexipack	Rajshree Polypack
Operational Metrics
Financials
5 yr Average ROE	14.69 %	8.93 %	7.37 %
5yr average Equity Multiplier	2.65	2.83	1.86
5yr Average Asset Turnover Ratio	1.52	1.03	0.98
5yr Avg Net Profit Margin	3.92 %	3.06 %	4.07 %
Price to Book	1.79	0.0	1.03
P/E	9.56	16.09	16.94
5yr Avg Cash Conversion Cycle	44.99 Days	120.85 Days	102.29 Days
Inventory Days	50.45 Days	48.28 Days	82.87 Days
Days Receivable	39.48 Days	118.44 Days	54.09 Days
Days Payable	49.56 Days	38.58 Days	47.08 Days
5yr Average Interest Coverage Ratio	2.91	2.41	3.54
5yr Avg ROCE	23.55 %	13.77 %	11.52 %
5yr Avg Operating Profit Margin	11.35 %	5.35 %	12.76 %
5 yr average Debt to Equity	0.99	1.29	0.46
5yr CAGR Net Profit	56.29 %	1.1 %	-2.02 %
5yr Average Return on Assets	5.71 %	3.13 %	4.0 %
Shareholdings
Promoter Holding	68.58 %	67.29 %	43.78 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.1 %	0.0	-8.46 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0

Business

	Hindustan Adhesives	Purv Flexipack	Rajshree Polypack
Product Wise Break-Up	Product Wise Break-Up Adhesives 100.0 Plastic Packaging Products 0	Product Wise Break-Up Adhesives 0 Plastic Packaging Products 0 Others 100	Product Wise Break-Up Adhesives 0 Plastic Packaging Products 100.0
Location Wise Break-Up	Location Wise Break-Up India 33.07 Rest of the World 0 India 0 Others 66.93	-	Location Wise Break-Up Rest of the World 15.42 India 84.58