Read on Twitter
FY21 Q1 Comparison
Granules asset turns and return ratios are dampened due to recent capacity addition. Lot of Capital is in progress.
Granules is in API and Formulation
While Aarti Drugs is in API and Speciality chemicals.
While Aarti Drugs is in API and Speciality chemicals.
As the capacity utilisation increases Granules ratios will catch up with Aarti. There is huge valuation gap between both.
Debtor days
#AartuDrugs is 99 days
#Granules is 103 days
Inventory turnover
Aarti is 4.42, Granules is 3.26
Aarti is at lead here however FY19 Inventory turnover was very close.
#AartuDrugs is 99 days
#Granules is 103 days
Inventory turnover
Aarti is 4.42, Granules is 3.26
Aarti is at lead here however FY19 Inventory turnover was very close.
Debt to equity
Aarti is 0.6
Granules is 0.48
Granules is well capitalised here comparatively
Aarti is 0.6
Granules is 0.48
Granules is well capitalised here comparatively
#AartiDrugs fixed assets are largely flat in last 4 years and no capital work in progress (CWIP). Where as #Granules doubled fixed assets in last 4 years and also huge CWIP
