Shree Cement Ltd. benchmarking: Performance to industry peers

Financial

	Shree Cement	Ambuja Cements	JK Cement
Operational Metrics
Cement
Realization / Tonne - Cement	6408.61 Rs/MT	5283.33 Rs/MT	5717.0 Rs/MT
EBITDA / Tonne - Cement	1310.61 Rs/MT	491.0 Rs/MT	935.0 Rs/MT
Manufacturing Capacity - Cement	69.3 MMTPA	38.9 MMTPA	n/a
Capacity Utilization - Cement	77.0 %	74.0 %	83.0 %
Quarterly Sales Volume - Cement	10.56 Million tonnes	13.2 Million tonnes	6.8 Million tonnes
Financials
5 yr Average ROE	8.89 %	8.7 %	13.58 %
5yr average Equity Multiplier	1.33	1.6	2.72
5yr Average Asset Turnover Ratio	0.7	0.56	0.73
5yr Avg Net Profit Margin	9.71 %	10.11 %	6.86 %
Price to Book	4.18	1.81	5.96
P/E	55.74	22.77	42.23
5yr Avg Cash Conversion Cycle	-180.61 Days	-136.52 Days	-142.42 Days
Inventory Days	59.82 Days	31.17 Days	32.94 Days
Days Receivable	28.13 Days	14.62 Days	16.87 Days
Days Payable	264.73 Days	212.89 Days	179.9 Days
5yr Average Interest Coverage Ratio	10.55	24.62	3.89
5yr Avg ROCE	11.78 %	10.35 %	12.86 %
5yr Avg Operating Profit Margin	21.14 %	17.4 %	16.85 %
5 yr average Debt to Equity	0.09	0.0	0.95
5yr CAGR Net Profit	-5.65 %	11.2 %	7.63 %
5yr Average Return on Assets	6.72 %	5.41 %	5.01 %
Shareholdings
Promoter Holding	62.55 %	67.33 %	45.66 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	4.13 %	-0.14 %
Change in Mutual Fund Holding (3 Yrs)	4.54 %	3.54 %	-0.72 %

	Shree Cement	Ambuja Cements	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 Grey Cement 0 Power sales 0 Ready Mix Concrete 5.29 White Cement and allied products 0 Clinker 0 Cement 94.71	Product Wise Break-Up Grey Cement 77.89 Power sales 0 Ready Mix Concrete 0 White Cement 22.11 Clinker 0 Cement 0
Location Wise Break-Up	Location Wise Break-Up India 89.96 Rest of the World 10.04 Domestic 0	Location Wise Break-Up Domestic 100.0 India 0 Rest of the World 0	Location Wise Break-Up Domestic 0 India 94.55 Rest of the World 0 Others 5.45
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 Slag 11.26 Gypsum 17.71 Fly ash 30.7 sulphuric acid 0 Red Ochre and Slag 0 Others 40.33	-
Asset Break-Up	Asset Break-Up India 83.63 Others 16.37	-	Asset Break-Up India 94.67 Others 5.33