The Ramco Cements Ltd. benchmarking: Perfomance to industry peers

Financial

	The Ramco Cements	ACC	Dalmia Bharat
Operational Metrics
Cement
Realization / Tonne - Cement	4783.3 Rs/MT	5335.38 Rs/MT	4802.74 Rs/MT
EBITDA / Tonne - Cement	1097.07 Rs/MT	332.36 Rs/MT	823.0 Rs/MT
Manufacturing Capacity - Cement	24.0 MMTPA	40.4 MMTPA	49.5 MMTPA
Capacity Utilization - Cement	73.0 %	75.54 %	60.0 %
Quarterly Sales Volume - Cement	4.43 Million tonnes	11.3 Million tonnes	7.3 Million tonnes
Unclassified
Capacity Utilization - Clinker	100.0 %	n/a	n/a
Financials
5 yr Average ROE	8.04 %	11.56 %	5.96 %
5yr average Equity Multiplier	2.13	1.43	1.66
5yr Average Asset Turnover Ratio	0.51	0.86	0.49
5yr Avg Net Profit Margin	8.08 %	9.72 %	7.39 %
Price to Book	3.48	1.52	2.19
P/E	45.68	11.43	32.69
5yr Avg Cash Conversion Cycle	-152.71 Days	-35.62 Days	-178.63 Days
Inventory Days	27.88 Days	24.51 Days	26.43 Days
Days Receivable	23.06 Days	14.35 Days	18.0 Days
Days Payable	172.22 Days	145.09 Days	198.68 Days
5yr Average Interest Coverage Ratio	5.81	28.62	5.09
5yr Avg ROCE	8.26 %	14.53 %	6.77 %
5yr Avg Operating Profit Margin	19.33 %	14.73 %	20.11 %
5 yr average Debt to Equity	0.62	0.0	0.26
5yr CAGR Net Profit	-19.03 %	10.93 %	-10.22 %
5yr Average Return on Assets	3.85 %	8.09 %	3.59 %
Shareholdings
Promoter Holding	42.56 %	56.69 %	55.84 %
Share Pledged by Promoters	3.42 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.26 %	0.0	-0.02 %
Change in Mutual Fund Holding (3 Yrs)	1.47 %	-0.38 %	9.18 %

	The Ramco Cements	ACC	Dalmia Bharat
Product Wise Break-Up	Product Wise Break-Up Cement 100.0 Windmills 0 Ready Mix Concrete 0 Dry Mortar Products 0 Clinker 0 Special Catogory Cement 0 Portland Composite Cement 0 OPC 0 Portland pozzolamd Cement 0 Portland Slang Cement 0 Traded goods 0 Refractories 0 Cement and its related products 0	-	Product Wise Break-Up Clinker 0 Refractories 0 Dry Mortar Products 0 Portland Slang Cement 14.0 Windmills 0 Traded goods 0 Portland pozzolamd Cement 55.0 Cement and its related products 0 OPC 13.0 Cement 0 Special Catogory Cement 0 Ready Mix Concrete 0 Portland Composite Cement 18.0
Location Wise Break-Up	Location Wise Break-Up India 99.6 Rest of the World 0.4	Location Wise Break-Up India 100.0 Rest of the World 0	Location Wise Break-Up India 100.0 Rest of the World 0
Raw Material Break-Up	Raw Material Break-Up Pozzolona Material 38.4 Limestone 29.17 Freight 22.1 Gypsum 8.67 Other Additives 0 Aggregates 0 Clinker 0 Cement for RMC 0 Fly Ash 0 Slag 0 Others 1.66	Raw Material Break-Up Cement for RMC 7.07 Clinker 0 Freight 0 Gypsum 12.98 Fly Ash 21.13 Limestone 0 Other Additives 0 Slag 16.91 Aggregates 10.59 Pozzolona Material 0 Others 31.32	-