Mangalam Cement Ltd. benchmarking: Perfomance to industry peers

Financial

	Mangalam Cement	KCP	Sanghi Industries
Operational Metrics
Cement
Realization / Tonne - Cement	4802.82 Rs/MT	n/a	3722.22 Rs/MT
EBITDA / Tonne - Cement	1084.0 Rs/MT	n/a	427.0 Rs/MT
Manufacturing Capacity - Cement	4.0 MMTPA	4.3 MMTPA	6.1 MMTPA
Capacity Utilization - Cement	87.25 %	67.0 %	28.0 %
Quarterly Sales Volume - Cement	0.88 Million tonnes	n/a	0.9 Million tonnes
Financials
5 yr Average ROE	7.88 %	11.75 %	-27.22 %
5yr average Equity Multiplier	2.62	2.09	3.15
5yr Average Asset Turnover Ratio	0.81	0.86	0.26
5yr Avg Net Profit Margin	3.84 %	6.57 %	-25.76 %
Price to Book	2.33	1.41	3.99
P/E	27.23	15.44	0.0
5yr Avg Cash Conversion Cycle	-218.63 Days	52.09 Days	-288.79 Days
Inventory Days	52.2 Days	59.02 Days	108.74 Days
Days Receivable	7.41 Days	24.63 Days	21.83 Days
Days Payable	297.8 Days	56.26 Days	1528.97 Days
5yr Average Interest Coverage Ratio	2.35	6.65	0.45
5yr Avg ROCE	13.11 %	14.93 %	-0.22 %
5yr Avg Operating Profit Margin	12.41 %	14.7 %	7.64 %
5 yr average Debt to Equity	0.81	0.4	1.69
5yr CAGR Net Profit	-13.58 %	-2.03 %	n/a
5yr Average Return on Assets	2.98 %	5.65 %	-6.29 %
Shareholdings
Promoter Holding	40.0 %	44.25 %	75.0 %
Share Pledged by Promoters	0.0	0.0	14.1 %
Change in Promoter Holding (3 Yrs)	8.04 %	0.26 %	3.07 %
Change in Mutual Fund Holding (3 Yrs)	1.61 %	0.0	0.0

	Mangalam Cement	KCP	Sanghi Industries
Product Wise Break-Up	Product Wise Break-Up Cement 100.0 Clinker 0 Sugar 0 Hotel 0 Power 0 Engineering 0	Product Wise Break-Up Hotel 1.65 Clinker 0 Cement 56.77 Sugar 36.66 Power 0 Engineering 4.89 Others 0.03	-
Location Wise Break-Up	Location Wise Break-Up India 100.0 Rest of the World 0 Vietnam 0 Gujarat 0	Location Wise Break-Up India 55.08 Rest of the World 0 Vietnam 44.92 Gujarat 0	Location Wise Break-Up India 100.0 Rest of the World 0 Vietnam 0 Gujarat 0
Distribution Channel	Distribution Channel D2C 97.1 Others 2.9	-	-