Care Ratings Ltd. benchmarking: Performance to industry peers

Financial

	Care Ratings	ICRA	CRISIL
Operational Metrics
IT
Net Sales by Employee Cost	2.03 .	1.96 .	1.9 .
Rating Agencies
Bank Facilities Rates	4.16 Lakh Crs	n/a	n/a
Bond / Debentures Rated	6.33 Lakh Crs	n/a	n/a
Financials
5 yr Average ROE	14.05 %	13.99 %	28.6 %
5yr average Equity Multiplier	1.49	1.18	1.51
5yr Average Asset Turnover Ratio	0.32	0.37	0.92
5yr Avg Net Profit Margin	32.14 %	32.29 %	20.72 %
Price to Book	5.6	4.67	9.72
P/E	29.99	27.48	35.12
5yr Avg Cash Conversion Cycle	24.75 Days	36.16 Days	61.88 Days
Inventory Days	0.0	0.0	0.0
Days Receivable	24.75 Days	36.16 Days	61.88 Days
Days Payable	1.17 Days	4.31 Days	0.0
5yr Average Interest Coverage Ratio	142.44	70.61	140.81
5yr Avg ROCE	18.77 %	18.66 %	36.23 %
5yr Avg Operating Profit Margin	35.75 %	33.32 %	27.73 %
5 yr average Debt to Equity	0.0	0.0	0.0
5yr CAGR Net Profit	8.92 %	15.8 %	10.46 %
5yr Average Return on Assets	10.14 %	11.79 %	18.94 %
Shareholdings
Promoter Holding	0.0	51.87 %	66.64 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.0	-0.05 %
Change in Mutual Fund Holding (3 Yrs)	7.59 %	1.62 %	1.76 %

	Care Ratings	ICRA	CRISIL
Product Wise Break-Up	Product Wise Break-Up Ratings 88.61 Others 11.39 Fees for License & implementation fees 0	-	-
Location Wise Break-Up	Location Wise Break-Up India 92.63 Rest of the World 0 North America 0 Europe 0 Others 7.37	Location Wise Break-Up India 67.52 North America 0 Europe 0 Rest of the World 32.48	Location Wise Break-Up India 30.88 North America 39.06 Europe 20.37 Rest of the World 0 Others 9.69
Profit Before Tax	Profit Before Tax Rating 96.79 Fees for License & Implementation 0 Other Operating Revenue 0 Market Services 0 Knowledge Services 0 0 Outsourced & Information Services 0 Consulting Fee 0 Others 3.21	Profit Before Tax Rating 0 Other Operating Revenue 0 Outsourced & Information Services 0 Rating 68.33 Knowledge Services 0 Market Services 0 Consulting Fee 0 Fees for License & Implementation 0 Others 31.67	-
Asset Break-Up	Asset Break-Up North America 0 Europe 0 India 0 Others 100	Asset Break-Up India 99.22 North America 0 Europe 0 Others 0.78	Asset Break-Up India 79.18 North America 12.3 Europe 5.59 Others 2.93