Shree Cement Ltd. benchmarking: Performance to industry peers

Financial

	Shree Cement	Ambuja Cement	JK Cement
Operational Metrics
Cement
Realization / Tonne - Cement	6408.61 Rs/MT	5283.33 Rs/MT	4724.0 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	5.32 Million tonnes
Financials
5 yr Average ROE	10.36 %	8.7 %	14.56 %
5yr average Equity Multiplier	1.33	1.6	2.74
5yr Average Asset Turnover Ratio	0.69	0.56	0.71
5yr Avg Net Profit Margin	11.42 %	10.11 %	7.56 %
Price to Book	3.7	1.72	5.28
P/E	50.42	21.53	35.96
5yr Avg Cash Conversion Cycle	-157.59 Days	-136.52 Days	-130.9 Days
Inventory Days	58.08 Days	31.17 Days	35.04 Days
Days Receivable	25.44 Days	14.62 Days	17.53 Days
Days Payable	267.23 Days	212.89 Days	179.28 Days
5yr Average Interest Coverage Ratio	10.77	24.62	4.08
5yr Avg ROCE	13.66 %	10.35 %	13.53 %
5yr Avg Operating Profit Margin	22.73 %	17.4 %	18.05 %
5 yr average Debt to Equity	0.1	0.0	0.96
5yr CAGR Net Profit	-13.25 %	11.2 %	3.94 %
5yr Average Return on Assets	7.79 %	5.41 %	5.34 %
Shareholdings
Promoter Holding	62.55 %	67.68 %	45.66 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	4.46 %	-0.17 %
Change in Mutual Fund Holding (3 Yrs)	4.37 %	3.12 %	0.61 %

	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 94.71 White Cement and allied products 0 Grey Cement 0 Ready Mix Concrete 5.29 Power sales 0 Clinker 0	Product Wise Break-Up Cement 0 White Cement 22.11 Grey Cement 77.89 Ready Mix Concrete 0 Power sales 0 Clinker 0
Location Wise Break-Up	Location Wise Break-Up India 92.61 Rest of the World 7.39 Domestic 0	Location Wise Break-Up India 0 Rest of the World 0 Domestic 100.0	Location Wise Break-Up India 91.31 Rest of the World 0 Domestic 0 Others 8.69
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 Red Ochre and Slag 0 Gypsum 17.71 Slag 11.26 sulphuric acid 0 Fly ash 30.7 Others 40.33	-
Asset Break-Up	Asset Break-Up India 86.5 Others 13.5	-	Asset Break-Up India 100.0