JSW Cement Ltd. benchmarking: Performance to industry peers

Financial

	JSW Cement	Ultratech Cement	Ambuja Cements
Operational Metrics
Cement
EBITDA / Tonne - Cement	n/a	1296.0 Rs/MT	491.0 Rs/MT
Manufacturing Capacity - Cement	21.6 MMTPA	196.8 MMTPA	38.9 MMTPA
Capacity Utilization - Cement	n/a	77.0 %	74.0 %
Realization / Tonne - Cement	4459.0 Rs/MT	5034.0 Rs/MT	5283.33 Rs/MT
Quarterly Sales Volume - Cement	1.89 Million tonnes	44.71 Million tonnes	13.2 Million tonnes
Annual Sales Volume - RMC	560000.0 Cubic metre	n/a	n/a
Unclassified
Annualized Production Volume - Clinker	5330.0 Ths Tonnes	n/a	n/a
Financials
5 yr Average ROE	4.21 %	11.28 %	8.7 %
5yr average Equity Multiplier	4.11	1.77	1.6
5yr Average Asset Turnover Ratio	0.51	0.62	0.56
5yr Avg Net Profit Margin	-0.9 %	10.4 %	10.11 %
Price to Book	2.91	4.51	1.84
P/E	0.0	42.31	23.06
5yr Avg Cash Conversion Cycle	-136.56 Days	-180.58 Days	-136.52 Days
Inventory Days	26.24 Days	32.06 Days	31.17 Days
Days Receivable	41.0 Days	20.49 Days	14.62 Days
Days Payable	217.67 Days	233.11 Days	212.89 Days
5yr Average Interest Coverage Ratio	1.0	8.48	24.62
5yr Avg ROCE	8.64 %	12.93 %	10.35 %
5yr Avg Operating Profit Margin	14.94 %	19.87 %	17.4 %
5 yr average Debt to Equity	2.03	0.27	0.0
5yr CAGR Net Profit	n/a	2.03 %	11.2 %
5yr Average Return on Assets	-0.28 %	6.42 %	5.41 %
Shareholdings
Promoter Holding	72.03 %	59.33 %	67.33 %
Share Pledged by Promoters	0.1 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.3 %	-0.63 %	4.13 %
Change in Mutual Fund Holding (3 Yrs)	4.77 %	2.59 %	3.54 %

	JSW Cement	Ultratech Cement	Ambuja Cements
Product Wise Break-Up	Product Wise Break-Up Cement 55.0 GGBS 41.0 Clinker 3.0 Limestone 0 RMC 0 Screen Slag 0 Grey Cement 0 White Cement 0 0 Ready Mix Concrete 0 Others 1.0	Product Wise Break-Up Limestone 0 RMC 0 Screen Slag 0 Cement 0 0 Clinker 0 GGBS 0 Grey Cement 81.85 White Cement 3.1 Ready Mix Concrete 0 Others 15.05	Product Wise Break-Up Limestone 0 RMC 0 Screen Slag 0 Cement 94.71 0 Clinker 0 GGBS 0 Grey Cement 0 White Cement 0 Ready Mix Concrete 5.29
Location Wise Break-Up	Location Wise Break-Up India 100.0 South India 0 West India 0 East India 0 Central India 0 North India 0 Domestic 0	Location Wise Break-Up South India 19.0 East India 17.0 Domestic 0 North India 23.0 India 0 Central India 19.0 West India 22.0	Location Wise Break-Up South India 0 East India 0 Domestic 100.0 North India 0 India 0 Central India 0 West India 0
Asset Break-Up - Geography Wise	Asset Break-Up - Geography Wise Others 100	-	-