Dwarikesh Sugar Industries Ltd. benchmarking: Perfomance to industry peers

Financial

	Dwarikesh Sugar Inds	Avadh Sugar & Energy	Magadh Sugar & Energ
Operational Metrics
Processed Sugar
Sugar Recovery	10.94 %	10.54 %	10.36 %
Realization / Litre - Distillery	0.0	61.0 Rs/L	60.73 Rs/L
Realization / Unit - Cogeneration	2.8 Rs/Unit	3.4 Rs/Unit	5.46 Rs/Unit
Realization / Kg - Sugar	39.63 Rs/Kg	39.76 Rs/Kg	n/a
Capacity Utilization - Cogeneration	7.48 %	n/a	n/a
Financials
5 yr Average ROE	13.21 %	11.74 %	9.83 %
5yr average Equity Multiplier	2.1	3.09	2.28
5yr Average Asset Turnover Ratio	1.21	1.01	0.7
5yr Avg Net Profit Margin	4.88 %	3.81 %	6.33 %
Price to Book	0.95	0.69	0.83
P/E	47.75	11.48	8.12
5yr Avg Cash Conversion Cycle	199.82 Days	154.14 Days	164.75 Days
Inventory Days	155.58 Days	176.95 Days	219.59 Days
Days Receivable	13.08 Days	7.2 Days	7.93 Days
Days Payable	26.62 Days	70.49 Days	64.57 Days
5yr Average Interest Coverage Ratio	6.06	2.76	3.72
5yr Avg ROCE	16.87 %	17.69 %	16.11 %
5yr Avg Operating Profit Margin	11.23 %	10.48 %	14.7 %
5 yr average Debt to Equity	0.7	1.46	0.96
5yr CAGR Net Profit	-23.92 %	2.54 %	32.22 %
5yr Average Return on Assets	6.13 %	3.86 %	4.43 %
Shareholdings
Promoter Holding	42.1 %	60.39 %	61.02 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.01 %	0.0	0.0
Change in Mutual Fund Holding (3 Yrs)	-3.25 %	0.0	0.0

	Dwarikesh Sugar Inds	Avadh Sugar & Energy	Magadh Sugar & Energ
Segment Break-Up	Segment Break-Up Sugar 100.0 Distillery 0 Co-Generation 0	-	-
Product Wise Break-Up	Product Wise Break-Up Sugar 66.3 Co-Generation 0 Distillery 0 Co-generation 0 Others 33.7	Product Wise Break-Up Distillery 21.29 Co-generation 0 Sugar 75.78 Co-Generation 2.56 Others 0.37	Product Wise Break-Up Distillery 19.2 Co-generation 0 Sugar 80.8 Co-Generation 0
Location Wise Break-Up	Location Wise Break-Up India 100.0 Rest of the World 0 International 0 Domestic 0	Location Wise Break-Up International 0 Rest of the World 0 India 100.0 Domestic 0	Location Wise Break-Up International 1.46 Rest of the World 0 India 0 Domestic 98.54
Capex	Capex Sugar 96.32 Distillery 3.68 Co-generation 0	-	-
Operating Profit Break-Up	Operating Profit Break-Up Distillery 100.0 Co-Generation 0 Sugar 0	Operating Profit Break-Up Sugar 19.23 Distillery 80.77 Co-Generation 0	Operating Profit Break-Up Processed Sugar 27.87 Distillery 72.13 Co-Generation 0
Customer Wise Break-Up	Customer Wise Break-Up Others 100	-	-
Asset Break-Up	Asset Break-Up India 100.0 Co-Generation 0 Distillery 0 Sugar 0	Asset Break-Up Sugar 71.01 India 0 Distillery 10.15 Co-Generation 13.11 Others 5.73	Asset Break-Up Sugar 0 India 99.53 Distillery 0 Co-Generation 0 Others 0.47