Allied Blenders And Distillers Ltd. benchmarking: Perfomance to industry peers

Financial

	Allied Blenders	Tilaknagar Inds	Piccadily Agro Inds
Operational Metrics
Alcoholic Beverages
Quarterly Sales Volume - Alcoholic Beverages	8.5 Million Cases	3.21 Million Cases	n/a
Advertisement Spend as a % of Total Sales	1.64 %	6.13 %	n/a
Volume Growth	17.2 %	26.5 %	n/a
Financials
5 yr Average ROE	2.9 %	36.19 %	16.17 %
5yr average Equity Multiplier	5.42	-1.1	2.36
5yr Average Asset Turnover Ratio	1.12	1.0	0.96
5yr Avg Net Profit Margin	1.16 %	7.51 %	7.81 %
Price to Book	12.39	12.43	10.24
P/E	79.58	39.46	64.67
5yr Avg Cash Conversion Cycle	-48.79 Days	-92.89 Days	67.75 Days
Inventory Days	21.4 Days	14.77 Days	105.06 Days
Days Receivable	67.42 Days	47.29 Days	56.3 Days
Days Payable	183.27 Days	245.97 Days	129.86 Days
5yr Average Interest Coverage Ratio	1.47	6.58	5.28
5yr Avg ROCE	24.0 %	17.74 %	21.01 %
5yr Avg Operating Profit Margin	8.07 %	13.4 %	14.87 %
5 yr average Debt to Equity	1.82	-1.49	0.59
5yr CAGR Net Profit	138.79 %	n/a	41.64 %
5yr Average Return on Assets	1.12 %	9.55 %	7.26 %
Shareholdings
Promoter Holding	80.91 %	37.2 %	68.62 %
Share Pledged by Promoters	0.0	9.68 %	0.0
Change in Promoter Holding (3 Yrs)	0.0	-5.72 %	-2.35 %
Change in Mutual Fund Holding (3 Yrs)	1.45 %	2.41 %	0.0

	Allied Blenders	Tilaknagar Inds	Piccadily Agro Inds
Product Wise Break-Up	Product Wise Break-Up Whisky 97.0 Brandy 2.1 Rum 0.7 Vodka 0.1 Vodka & Gin 0 Distillery 0 Sugar 0 Others 0.1	Product Wise Break-Up Sugar 0 Whiskey 4.7 Vodka 0 Vodka & Gin 0.71 Brandy 90.8 Rum 3.79 Distillery 0	Product Wise Break-Up Sugar 28.81 Whisky 0 Vodka 0 Vodka & Gin 0 Brandy 0 Rum 0 Distillery 70.9 Others 0.29
Segment Break-Up	Segment Break-Up Indian made foreign liquor (IMFL) 98.11 Extra neutral spirit (ENA) 1.09 By-products 0.8	-	-
Location Wise Break-Up	Location Wise Break-Up India 97.49 Outside India 2.51 East India 0 Rest of the World 0 West India 0 South India 0	Location Wise Break-Up Rest of the World 7.99 West India 1.25 South India 87.33 East India 3.43 India 0 Outside India 0	Location Wise Break-Up Rest of the World 0 West India 0 South India 0 East India 0 India 93.52 Outside India 0 Others 6.48
Distribution Channel	Distribution Channel Open Market 51.65 Part (Wholesale) Corporation Market 40.5 Full (Wholesale and Retail) Corporation Market 7.85	-	-
Customer Wise Break-Up	Customer Wise Break-Up Government Corporation 50.86 Private parties 49.14	-	-