Bannari Amman Sugars Ltd.

Financial

	Banna Amman Sugars	Piccadily Agro Inds	Bajaj Hindusthan Sug
Operational Metrics
Sugar Sector
Sugar Recovery	9.03 %	9.75 %	10.89 %
Capacity Utilization - Cogeneration	53.07 %	n/a	n/a
Capacity Utilization - Sugar	56.09 %	n/a	n/a
Ethanol Production - Quarterly	n/a	n/a	n/a
Sugarcane Crushed - Daily	13293.15 TPD	n/a	35120.55 TPD
Distillery Production - Quarterly	0.97 Cr Lts	n/a	n/a
Financials
5 yr Average ROE	7.63 %	15.42 %	-6.19 %
5yr average Equity Multiplier	1.7	2.57	4.7
5yr Average Asset Turnover Ratio	0.81	0.99	0.44
5yr Avg Net Profit Margin	5.68 %	6.26 %	-2.69 %
Price to Book	2.78	8.43	0.82
P/E	47.28	56.02	0.0
5yr Avg Cash Conversion Cycle	165.86 Days	6.06 Days	-138.96 Days
Inventory Days	186.35 Days	109.54 Days	156.09 Days
Days Receivable	22.61 Days	45.39 Days	8.87 Days
Days Payable	20.97 Days	149.07 Days	310.55 Days
5yr Average Interest Coverage Ratio	5.22	4.41	0.28
5yr Avg ROCE	11.89 %	19.67 %	0.76 %
5yr Avg Operating Profit Margin	12.9 %	12.42 %	4.1 %
5 yr average Debt to Equity	0.55	0.65	1.66
5yr CAGR Net Profit	9.75 %	41.82 %	11.57 %
5yr Average Return on Assets	4.6 %	6.32 %	-1.2 %
Shareholdings
Promoter Holding	58.7 %	70.97 %	24.95 %
Share Pledged by Promoters	0.0	0.0	100.0 %
Change in Promoter Holding (3 Yrs)	0.0	0.01 %	0.0
Change in Mutual Fund Holding (3 Yrs)	-0.06 %	0.0	0.2 %

Business

	Banna Amman Sugars	Piccadily Agro Inds	Bajaj Hindusthan Sug
Product Wise Break-Up	Product Wise Break-Up Sugar 73.18 Power 15.58 Distillery 10.37 Granite Products 0.86 Others 0.01	Product Wise Break-Up Distillery 54.3 Power 0 Sugar 44.88 Granite Products 0 Others 0.82	Product Wise Break-Up Distillery 9.61 Power 18.21 Sugar 71.77 Granite Products 0 Others 0.41
Location Wise Break-Up	Location Wise Break-Up India 98.9 Rest of the World 1.1	-	Location Wise Break-Up India 100.0 Rest of the World 0
Operating Profit Break-Up	Operating Profit Break-Up Power 51.28 Sugar 43.44 Granite Products 2.69 Distillery 2.59	Operating Profit Break-Up Distillery 79.8 Power 0 Processed Sugar 20.2 Granite Products 0	Operating Profit Break-Up Distillery 8.02 Power 18.43 Processed Sugar 73.55 Granite Products 0
Capex	Capex Sugar 58.57 Distillery 28.48 Granite Products 11.47 Power 1.48	-	Capex Distillery 29.89 Power 0 Processed Sugar 59.67 Granite Products 0 Others 10.44
Raw Material Break-Up	Raw Material Break-Up Sugarcane 99.46 Granite 0.25 Molasses 0.22 Packing Material for Sugar 0 Others 0.07	-	-
Asset Break-Up	Asset Break-Up Sugar 65.14 Distillery 20.04 Power 8.95 Granite Products 4.03 Others 1.84	Asset Break-Up Distillery 70.79 Power 0 Processed Sugar 29.21 Granite Products 0	Asset Break-Up Distillery 6.23 Power 15.25 Processed Sugar 57.55 Granite Products 0 Others 20.97