Ambuja Cements Ltd.

Financial

	Ambuja Cement	Grasim Industries	Shree Cement
Operational Metrics
Cement Sector
Realization / Tonne - Cement	5252.38 Rs/MT	n/a	5325.2 Rs/MT
Manufacturing Capacity - Cement	38.9 MMTPA	n/a	53.4 MMTPA
Capacity Utilization - Cement	74.0 %	n/a	77.0 %
EBITDA / Tonne - Cement	827.0 Rs/MT	n/a	1403.46 Rs/MT
Quarterly Sales Volume - Cement	10.5 Million tonnes	n/a	9.84 Million tonnes
Financials
5 yr Average ROE	9.19 %	7.07 %	10.36 %
5yr average Equity Multiplier	1.65	4.39	1.33
5yr Average Asset Turnover Ratio	0.59	0.32	0.69
5yr Avg Net Profit Margin	9.71 %	5.22 %	11.42 %
Price to Book	2.81	1.9	5.14
P/E	34.76	50.0	98.51
5yr Avg Cash Conversion Cycle	-111.73 Days	-103.82 Days	-157.59 Days
Inventory Days	28.68 Days	30.04 Days	58.08 Days
Days Receivable	12.76 Days	17.9 Days	25.44 Days
Days Payable	228.72 Days	179.78 Days	267.23 Days
5yr Average Interest Coverage Ratio	27.37	2.83	10.77
5yr Avg ROCE	12.18 %	7.13 %	13.66 %
5yr Avg Operating Profit Margin	18.26 %	20.78 %	22.73 %
5 yr average Debt to Equity	0.0	1.37	0.1
5yr CAGR Net Profit	11.99 %	-2.95 %	-13.25 %
5yr Average Return on Assets	5.55 %	1.67 %	7.79 %
Shareholdings
Promoter Holding	67.57 %	43.11 %	62.55 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	4.37 %	0.35 %	0.0
Change in Mutual Fund Holding (3 Yrs)	0.86 %	1.97 %	3.25 %

Business

	Ambuja Cement	Grasim Industries	Shree Cement
Product Wise Break-Up	Product Wise Break-Up Cement 95.71 Ready Mix Concrete 4.29 Financial services 0 0 0 Viscose (VSF) 0 Power sales 0 Clinker 0	Product Wise Break-Up Chemicals 5.15 Power sales 0 Cement 0 Ready Mix Concrete 0 Financial Services 27.3 Viscose (VSF) 9.07 Cement ( Grey Cement, White Cement and Allied Products ) 56.47 Clinker 0 Others 2.01	Product Wise Break-Up 0 Power sales 0 Cement 100.0 Ready Mix Concrete 0 Financial services 0 Viscose (VSF) 0 0 Clinker 0
Location Wise Break-Up	Location Wise Break-Up Domestic 100.0 India 0 Rest of the World 0	Location Wise Break-Up India 96.0 Rest of the World 4.0 Domestic 0	Location Wise Break-Up India 92.61 Rest of the World 7.39 Domestic 0
Operating Profit Break-Up	Operating Profit Break-Up Cement 98.11 Ready Mix Concrete 1.89 Chemicals 0 Viscose 0 Financial Services 0	Operating Profit Break-Up Cement 68.91 Ready Mix Concrete 0 Chemicals 4.62 Financial Services 19.69 Viscose 4.59 Others 2.19	-
Raw Material Break-Up	Raw Material Break-Up Fly ash 30.7 Gypsum 17.71 Slag 11.26 Sulphuric Acid 0 Red Ochre and Slag 0 Fly Ash 0 Others 40.33	-	Raw Material Break-Up Fly ash 32.04 Slag 0 Fly ash 0 Red Ochre and Slag 9.16 Gypsum 12.62 sulphuric acid 4.44 Others 41.74
Fuel Break-up	Fuel Break-up Pet coke 62.0 Coal 22.0 Coal 11.0 AFR 5.0	-	-
Asset Break-Up - Segment Wise	Asset Break-Up - Segment Wise Cement 70.29 Ready Mix Concrete 1.3 Others 28.41	-	-