Parnax Lab Ltd.

Financial

	Parnax Lab	Smruthi Organics	Quest Laboratories
Operational Metrics
Financials
5 yr Average ROE	6.88 %	12.07 %	27.48 %
5yr average Equity Multiplier	2.94	1.54	2.66
5yr Average Asset Turnover Ratio	0.99	1.28	1.38
5yr Avg Net Profit Margin	2.37 %	6.02 %	8.5 %
Price to Book	1.79	2.25	1.93
P/E	13.8	47.51	11.66
5yr Avg Cash Conversion Cycle	42.8 Days	70.37 Days	100.68 Days
Inventory Days	42.33 Days	63.4 Days	35.64 Days
Days Receivable	58.46 Days	105.63 Days	95.62 Days
Days Payable	69.32 Days	96.18 Days	124.41 Days
5yr Average Interest Coverage Ratio	2.32	10.52	15.83
5yr Avg ROCE	15.17 %	16.62 %	36.4 %
5yr Avg Operating Profit Margin	11.62 %	12.47 %	12.5 %
5 yr average Debt to Equity	1.28	0.14	0.33
5yr CAGR Net Profit	n/a	-26.95 %	83.07 %
5yr Average Return on Assets	2.67 %	8.16 %	10.79 %
Shareholdings
Promoter Holding	72.3 %	64.73 %	66.21 %
Share Pledged by Promoters	9.41 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	4.72 %	1.22 %	0.38 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0