Bannari Amman Sugars Ltd. benchmarking: Performance to industry peers

Financial

	Banna Amman Sugars	Bajaj Hindusthan Sug	Piccadily Agro Inds
Operational Metrics
Sugar
Sugar Recovery	8.67 %	10.51 %	9.8 %
Capacity Utilization - Cogeneration	36.4 %	n/a	n/a
Capacity Utilization - Sugar	37.04 %	n/a	n/a
Ethanol Production - Quarterly	n/a	n/a	n/a
Sugarcane Crushed - Daily	8778.08 TPD	31013.7 TPD	n/a
Distillery Production - Quarterly	1.21 Cr Lts	n/a	n/a
Financials
5 yr Average ROE	7.31 %	0.0	16.17 %
5yr average Equity Multiplier	1.57	4.42	2.36
5yr Average Asset Turnover Ratio	0.84	0.42	0.96
5yr Avg Net Profit Margin	5.66 %	-2.63 %	7.81 %
Price to Book	2.53	1.09	6.54
P/E	32.52	0.0	39.66
5yr Avg Cash Conversion Cycle	187.19 Days	-111.57 Days	67.75 Days
Inventory Days	181.94 Days	161.48 Days	105.06 Days
Days Receivable	20.42 Days	8.62 Days	56.3 Days
Days Payable	20.5 Days	311.74 Days	129.86 Days
5yr Average Interest Coverage Ratio	6.71	0.29	5.28
5yr Avg ROCE	11.53 %	0.38 %	21.01 %
5yr Avg Operating Profit Margin	12.37 %	3.78 %	14.87 %
5 yr average Debt to Equity	0.41	1.42	0.59
5yr CAGR Net Profit	2.58 %	-39.5 %	41.64 %
5yr Average Return on Assets	4.75 %	-1.16 %	7.26 %
Shareholdings
Promoter Holding	58.7 %	24.95 %	68.62 %
Share Pledged by Promoters	0.0	100.0 %	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.0	-2.35 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0

	Banna Amman Sugars	Bajaj Hindusthan Sug	Piccadily Agro Inds
Product Wise Break-Up	Product Wise Break-Up Sugar 78.11 Distillery 12.98 Power 8.65 Granite Products 0.26	Product Wise Break-Up Granite Products 0 Power 1.46 Sugar 93.75 Distillery 4.37 Others 0.42	Product Wise Break-Up Granite Products 0 Power 0 Sugar 9.15 Distillery 90.4 Others 0.45
Location Wise Break-Up	Location Wise Break-Up India 73.51 Rest of the World 0.89 Others 25.6	Location Wise Break-Up India 100.0 Rest of the World 0	Location Wise Break-Up India 93.52 Rest of the World 0 Others 6.48
Operating Profit Break-Up	Operating Profit Break-Up Sugar 58.33 Distillery 33.58 Power 7.62 Granite Products 0 Others 0.47	Operating Profit Break-Up Granite Products 0 Power 0 Sugar 0 Distillery 100.0	Operating Profit Break-Up Granite Products 0 Power 0 Sugar 0 Distillery 100.0
Capex	Capex Distillery 78.97 Sugar 19.28 Power 1.5 Granite Products 0.24 Others 0.01	Capex Granite Products 0 Power 13.58 Processed Sugar 52.99 Distillery 27.45 Others 5.98	-
Raw Material Break-Up	Raw Material Break-Up Molasses 92.05 Granite 7.95 Packing Material for Sugar 0 Sugarcane 0	-	-
Asset Break-Up	Asset Break-Up Sugar 52.27 Distillery 19.71 Power 6.66 Granite Products 3.87 Others 17.49	Asset Break-Up Granite Products 0 Power 18.37 Processed Sugar 54.65 Distillery 6.42 Others 20.56	Asset Break-Up Granite Products 0 Power 0 Processed Sugar 24.41 Distillery 75.59