The Ramco Cements Ltd.

Financial

	The Ramco Cements	ACC	Nuvoco Vistas Corpor
Operational Metrics
Cement Sector
Realization / Tonne - Cement	4623.22 Rs/MT	4777.76 Rs/MT	5336.84 Rs/MT
EBITDA / Tonne - Cement	631.0 Rs/MT	480.13 Rs/MT	975.44 Rs/MT
Manufacturing Capacity - Cement	24.0 MMTPA	38.6 MMTPA	25.0 MMTPA
Capacity Utilization - Cement	85.0 %	75.54 %	75.36 %
Quarterly Sales Volume - Cement	5.2 Million tonnes	11.9 Million tonnes	5.7 Million tonnes
Unclassified
Capacity Utilization - Clinker	100.0 %	n/a	n/a
Financials
5 yr Average ROE	9.72 %	11.56 %	1.31 %
5yr average Equity Multiplier	2.1	1.43	2.34
5yr Average Asset Turnover Ratio	0.51	0.86	0.5
5yr Avg Net Profit Margin	9.68 %	9.72 %	1.04 %
Price to Book	3.23	1.84	1.34
P/E	88.07	14.21	553.4
5yr Avg Cash Conversion Cycle	-132.25 Days	-35.62 Days	-267.64 Days
Inventory Days	27.65 Days	24.51 Days	31.69 Days
Days Receivable	17.38 Days	14.35 Days	18.28 Days
Days Payable	156.65 Days	145.09 Days	273.31 Days
5yr Average Interest Coverage Ratio	7.83	28.62	1.04
5yr Avg ROCE	9.51 %	14.53 %	4.9 %
5yr Avg Operating Profit Margin	20.7 %	14.73 %	16.25 %
5 yr average Debt to Equity	0.61	0.0	0.7
5yr CAGR Net Profit	-9.84 %	10.93 %	-9.98 %
5yr Average Return on Assets	4.7 %	8.09 %	0.55 %
Shareholdings
Promoter Holding	42.56 %	56.69 %	72.02 %
Share Pledged by Promoters	22.05 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.23 %	2.16 %	0.6 %
Change in Mutual Fund Holding (3 Yrs)	-0.33 %	5.06 %	7.3 %

Business

	The Ramco Cements	ACC	Nuvoco Vistas Corpor
Product Wise Break-Up	Product Wise Break-Up Cement 100.0 Windmills 0 Ready Mix Concrete 0 Dry Mortar Products 0 Clinker 0	-	-
Location Wise Break-Up	Location Wise Break-Up India 99.42 Rest of the World 0.58 East India 0 North India 0 Central India 0	Location Wise Break-Up Central India 0 Rest of the World 0 India 100.0 East India 0 North India 0	Location Wise Break-Up Central India 5.0 Rest of the World 0 India 0 East India 75.0 North India 20.0
Raw Material Break-Up	Raw Material Break-Up Limestone 31.39 Freight 29.01 Other Additives 16.95 Pozzolona Material 12.58 Gypsum 8.44 Aggregates 0 Clinker 0 Cement for RMC 0 Fly Ash 0 Slag 0 Others 1.63	Raw Material Break-Up Other Additives 0 Aggregates 10.59 Slag 16.91 Freight 0 Limestone 0 Gypsum 12.98 Clinker 0 Cement for RMC 7.07 Pozzolona Material 0 Fly Ash 21.13 Others 31.32	-