Sula Vineyards Ltd. benchmarking: Perfomance to industry peers

Financial

	Sula Vineyards	GM Breweries	Assoc Alcohols &Brew
Operational Metrics
Alcoholic Beverages
Manufacturing Capacity - Wine	182.0 Lakh Lt	n/a	n/a
Capacity Utilization - Wine	115.5 %	n/a	n/a
Quarterly Sales Volume - Wine	265313.0 Mn Cases	n/a	n/a
Hotels & Hospitality Sectors
Revenue Per Available Room per Day (RevPAR)	7385.74 Rs	n/a	n/a
Occupancy Rate	82.0 %	n/a	n/a
Unclassified
Average Daily Rate (ADR)	9007.0 Rs	n/a	n/a
Financials
5 yr Average ROE	11.75 %	15.7 %	12.64 %
5yr average Equity Multiplier	2.0	1.14	2.64
5yr Average Asset Turnover Ratio	0.53	1.49	1.31
5yr Avg Net Profit Margin	11.55 %	9.44 %	4.14 %
Price to Book	3.72	2.08	3.71
P/E	37.89	14.28	22.06
5yr Avg Cash Conversion Cycle	-115.54 Days	-23.37 Days	9.5 Days
Inventory Days	121.63 Days	5.63 Days	40.37 Days
Days Receivable	119.04 Days	0.33 Days	7.7 Days
Days Payable	312.98 Days	16.4 Days	64.87 Days
5yr Average Interest Coverage Ratio	4.27	2865.22	6.1
5yr Avg ROCE	18.02 %	19.58 %	15.86 %
5yr Avg Operating Profit Margin	25.94 %	8.81 %	9.57 %
5 yr average Debt to Equity	0.6	0.0	0.92
5yr CAGR Net Profit	94.53 %	10.01 %	132.05 %
5yr Average Return on Assets	6.26 %	13.84 %	5.78 %
Shareholdings
Promoter Holding	24.36 %	74.43 %	59.29 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-2.97 %	0.0	0.84 %
Change in Mutual Fund Holding (3 Yrs)	12.7 %	0.0	0.03 %

	Sula Vineyards	GM Breweries	Assoc Alcohols &Brew
Product Wise Break-Up	Product Wise Break-Up Wine Business 86.48 Wine Tourism 11.58 Alcohol 0 Sanitizer 0 Packing Material 0 By Product 0 Spirit 0 Packed Potable Alcohol 0 Others 1.94	Product Wise Break-Up Packing Material 0 Packed Potable Alcohol 0 Alcohol 100.0 By Product 0 Sanitizer 0 Spirit 0 Wine Business 0 Wine Tourism 0	Product Wise Break-Up Packing Material 0 Packed Potable Alcohol 10.85 Alcohol 0 By Product 0.16 Sanitizer 0 Spirit 22.6 Wine Business 0 Wine Tourism 0 Others 66.39
Location Wise Break-Up	Location Wise Break-Up India 99.27 Rest of India 0 Others 0.73	-	Location Wise Break-Up Rest of India 0.11 India 99.89
Distribution Channel	Distribution Channel 0 Direct Sale 0 Others 100	-	Distribution Channel Through Distribution Channel/ Intermediary 30.28 Direct 69.72
Brand Wise Break-Up	Brand Wise Break-Up Elite Wine 75.0 Economy Wine 25.0 Popular Wine 0 Premium Wine 0 Franchised brands 0 Own brands 0 Merchant ENA 0 Job-working 0 IMIL 0	-	Brand Wise Break-Up Merchant ENA 14.0 Premium Wine 0 Elite Wine 0 Economy Wine 0 IMIL 27.0 Popular Wine 0 Own brands 0 Job-working 0 Franchised brands 0 Others 59.0
Asset Break-Up - Geography Wise	Asset Break-Up - Geography Wise Others 100	-	-