Shree Cement Ltd.

Financial

	Shree Cement	Ambuja Cement	JK Cement
Operational Metrics
Cement Sector
Realization / Tonne - Cement	5325.2 Rs/MT	4897.41 Rs/MT	4757.0 Rs/MT
EBITDA / Tonne - Cement	1403.46 Rs/MT	898.0 Rs/MT	656.0 Rs/MT
Manufacturing Capacity - Cement	53.4 MMTPA	38.9 MMTPA	n/a
Capacity Utilization - Cement	77.0 %	74.0 %	73.0 %
Quarterly Sales Volume - Cement	9.84 Million tonnes	11.6 Million tonnes	4.35 Million tonnes
Financials
5 yr Average ROE	11.65 %	9.19 %	14.98 %
5yr average Equity Multiplier	1.37	1.65	2.76
5yr Average Asset Turnover Ratio	0.68	0.59	0.71
5yr Avg Net Profit Margin	12.63 %	9.71 %	7.81 %
Price to Book	4.97	2.5	7.74
P/E	95.26	32.11	54.7
5yr Avg Cash Conversion Cycle	-182.78 Days	-111.73 Days	-130.65 Days
Inventory Days	60.45 Days	28.68 Days	37.2 Days
Days Receivable	29.39 Days	12.76 Days	14.3 Days
Days Payable	275.59 Days	228.72 Days	183.08 Days
5yr Average Interest Coverage Ratio	10.82	27.37	4.07
5yr Avg ROCE	15.21 %	12.18 %	14.03 %
5yr Avg Operating Profit Margin	24.47 %	18.26 %	18.82 %
5 yr average Debt to Equity	0.14	0.0	0.99
5yr CAGR Net Profit	9.3 %	11.99 %	9.94 %
5yr Average Return on Assets	8.57 %	5.55 %	5.46 %
Shareholdings
Promoter Holding	62.55 %	67.57 %	45.68 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	4.38 %	-0.14 %
Change in Mutual Fund Holding (3 Yrs)	2.8 %	0.27 %	3.13 %

Business

	Shree Cement	Ambuja Cement	JK Cement
Product Wise Break-Up	Product Wise Break-Up Cement 100.0 Power sales 0 Clinker 0 Ready Mix Concrete 0 White Cement and allied products 0 Grey Cement 0	Product Wise Break-Up Cement 95.71 Ready Mix Concrete 4.29 White Cement and allied products 0 Grey Cement 0 Power sales 0 Clinker 0	Product Wise Break-Up Cement 0 Ready Mix Concrete 0 White Cement 19.0 Grey Cement 81.0 Power sales 0 Clinker 0
Location Wise Break-Up	Location Wise Break-Up India 93.4 Rest of the World 6.6 Domestic 0	Location Wise Break-Up India 0 Rest of the World 0 Domestic 100.0	Location Wise Break-Up India 94.84 Rest of the World 0 Domestic 0 Others 5.16
Raw Material Break-Up	Raw Material Break-Up Fly ash 32.04 Gypsum 12.62 Red Ochre and Slag 9.16 sulphuric acid 4.44 Slag 0 Fly ash 0 Others 41.74	Raw Material Break-Up Gypsum 17.71 Slag 11.26 Red Ochre and Slag 0 Fly ash 30.7 sulphuric acid 0 Others 40.33	-
Asset Break-Up	Asset Break-Up India 84.77 Others 15.23	-	Asset Break-Up India 100.0