JK Lakshmi Cement Ltd. benchmarking: Perfomance to industry peers

Financial

	JK Lakshmi Cement	Star Cement	Birla Corporation
Operational Metrics
Cement
Realization / Tonne - Cement	5387.86 Rs/MT	6913.9 Rs/MT	4845.0 Rs/MT
EBITDA / Tonne - Cement	819.06 Rs/MT	1653.88 Rs/MT	712.0 Rs/MT
Manufacturing Capacity - Cement	16.4 MMTPA	7.7 MMTPA	20.0 MMTPA
Capacity Utilization - Cement	81.0 %	61.24 %	85.0 %
Quarterly Sales Volume - Cement	2.84 Million tonnes	1.17 Million tonnes	4.25 Million tonnes
Financials
5 yr Average ROE	14.66 %	9.48 %	5.85 %
5yr average Equity Multiplier	2.38	1.21	2.24
5yr Average Asset Turnover Ratio	0.88	0.85	0.6
5yr Avg Net Profit Margin	6.87 %	9.32 %	4.53 %
Price to Book	2.55	2.98	1.18
P/E	19.9	29.64	16.93
5yr Avg Cash Conversion Cycle	-94.94 Days	-102.49 Days	-181.15 Days
Inventory Days	39.36 Days	39.24 Days	36.73 Days
Days Receivable	4.1 Days	18.12 Days	13.55 Days
Days Payable	147.49 Days	163.15 Days	231.18 Days
5yr Average Interest Coverage Ratio	4.67	26.34	2.5
5yr Avg ROCE	15.68 %	13.96 %	6.85 %
5yr Avg Operating Profit Margin	15.97 %	17.92 %	14.31 %
5 yr average Debt to Equity	0.7	0.04	0.64
5yr CAGR Net Profit	-7.34 %	-2.02 %	-14.07 %
5yr Average Return on Assets	6.14 %	7.94 %	2.61 %
Shareholdings
Promoter Holding	45.12 %	57.59 %	62.9 %
Share Pledged by Promoters	0.0	1.34 %	0.0
Change in Promoter Holding (3 Yrs)	-1.19 %	-9.84 %	0.0
Change in Mutual Fund Holding (3 Yrs)	-1.29 %	-1.57 %	0.39 %

	JK Lakshmi Cement	Star Cement	Birla Corporation
Product Wise Break-Up	Product Wise Break-Up Cement 100.0 Ordinary Portland Cement (OPC) 0 Portland Slag Cement (PSC) 0 Portland Pozzolana Cement (PPC) 0 Power 0 Jute 0	Product Wise Break-Up Power 0 Portland Slag Cement (PSC) 0 Ordinary Portland Cement (OPC) 15.0 Cement 0 Jute 0 Portland Pozzolana Cement (PPC) 85.0	Product Wise Break-Up Power 0 Portland Slag Cement (PSC) 0 Ordinary Portland Cement (OPC) 0 Cement 89.07 Jute 10.81 Portland Pozzolana Cement (PPC) 0 Others 0.12
Location Wise Break-Up	Location Wise Break-Up Rajasthan 40.0 Gujarat & MP 37.0 North India 23.0 Rest Of India 0 North & West India 0 Bhutan 0 Nepal 0 India 0 Rest of the World 0	Location Wise Break-Up India 99.83 North & West India 0 Bhutan 0 Gujarat & MP 0 Rest Of India 0 Rest of the World 0 North India 0 Nepal 0 Rajasthan 0 Others 0.17	Location Wise Break-Up India 99.42 North & West India 0 Bhutan 0 Gujarat & MP 0 Rest Of India 0 Rest of the World 0.58 North India 0 Nepal 0 Rajasthan 0
Distribution Channel	Distribution Channel Retail 60.0 Non-trade 0 Trade 0 Others 40.0	Distribution Channel Non-Trade 20.0 Retail 0 Trading 80.0	-