Dalmia Bharat Sugar And Industries Ltd.

Financial

	Dalmia Bharat Sugar	Bajaj Hindusthan Sug	Banna Amman Sugars
Operational Metrics
Sugar Sector
Sugar Recovery	10.0 %	10.51 %	8.67 %
Realization / Litre - Distillery	64.24 Rs/L	56.67 Rs/L	n/a
Realization / Unit - Cogeneration	14.91 Rs/Unit	3.4 Rs/Unit	n/a
Realization / Kg - Sugar	39.8 Rs/Kg	38.38 Rs/Kg	n/a
Capacity Utilization - Cogeneration	35.16 %	n/a	36.4 %
Capacity Utilization - Sugar	27.0 %	n/a	37.04 %
Financials
5 yr Average ROE	11.28 %	-5.93 %	7.31 %
5yr average Equity Multiplier	1.85	4.42	1.57
5yr Average Asset Turnover Ratio	0.67	0.42	0.84
5yr Avg Net Profit Margin	9.22 %	-2.63 %	5.66 %
Price to Book	0.94	0.67	2.57
P/E	7.79	0.0	40.3
5yr Avg Cash Conversion Cycle	138.92 Days	-111.57 Days	187.19 Days
Inventory Days	171.27 Days	161.48 Days	181.94 Days
Days Receivable	16.93 Days	8.62 Days	20.42 Days
Days Payable	61.75 Days	311.74 Days	20.5 Days
5yr Average Interest Coverage Ratio	8.27	0.29	6.71
5yr Avg ROCE	13.23 %	0.38 %	11.53 %
5yr Avg Operating Profit Margin	15.05 %	3.78 %	12.37 %
5 yr average Debt to Equity	0.46	1.42	0.41
5yr CAGR Net Profit	7.12 %	-39.5 %	2.58 %
5yr Average Return on Assets	6.17 %	-1.16 %	4.75 %
Shareholdings
Promoter Holding	74.91 %	24.95 %	58.7 %
Share Pledged by Promoters	0.0	100.0 %	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.0	0.0
Change in Mutual Fund Holding (3 Yrs)	0.0	0.23 %	0.0

Business

	Dalmia Bharat Sugar	Bajaj Hindusthan Sug	Banna Amman Sugars
Product Wise Break-Up	Product Wise Break-Up Sugar 68.45 Distillery 31.16 Power 0 Sugar 0 Granite Products 0 Others 0.39	Product Wise Break-Up Granite Products 0 Distillery 15.25 Sugar 82.03 Power 2.21 Others 0.51	Product Wise Break-Up Granite Products 1.34 Distillery 10.53 Sugar 84.27 Power 3.85 Others 0.01
Location Wise Break-Up	Location Wise Break-Up India 98.53 Rest of the World 1.47	Location Wise Break-Up Rest of the World 0 India 100.0	Location Wise Break-Up Rest of the World 0.89 India 73.51 Others 25.6
Operating Profit Break-Up	Operating Profit Break-Up Sugar 66.74 Distillery 32.78 Power 0 Granite Products 0 Others 0.48	Operating Profit Break-Up Granite Products 0 Distillery 100.0 Sugar 0 Power 0	Operating Profit Break-Up Granite Products 0 Distillery 4.01 Sugar 95.99 Power 0
Capex	Capex Sugar 87.58 Distillery 10.59 Power 0 Granite Products 0 Others 1.83	Capex Granite Products 0 Distillery 27.45 Processed Sugar 52.99 Power 13.58 Others 5.98	Capex Granite Products 0.24 Distillery 78.97 Sugar 19.28 Power 1.5 Others 0.01
Asset Break-Up	Asset Break-Up Sugar 50.25 Distillery 20.15 Power 0 Granite Products 0 Others 29.6	Asset Break-Up Granite Products 0 Distillery 6.27 Processed Sugar 57.97 Power 16.85 Others 18.91	Asset Break-Up Granite Products 4.25 Distillery 20.85 Sugar 64.82 Power 7.72 Others 2.36