Udaipur Cement Works Ltd.

Financial

	Udaipur Cement Works	Mangalam Cement	Sanghi Industries
Operational Metrics
Cement Sector
Manufacturing Capacity - Cement	4.7 MMTPA	4.0 MMTPA	6.1 MMTPA
Capacity Utilization - Cement	34.77 %	87.25 %	28.0 %
EBITDA / Tonne - Cement	66.36 Rs/MT	1084.0 Rs/MT	427.0 Rs/MT
Quarterly Sales Volume - Cement	0.51 Million tonnes	0.88 Million tonnes	0.9 Million tonnes
Financials
5 yr Average ROE	12.91 %	7.88 %	-27.22 %
5yr average Equity Multiplier	4.2	2.62	3.15
5yr Average Asset Turnover Ratio	0.66	0.81	0.26
5yr Avg Net Profit Margin	4.81 %	3.84 %	-25.76 %
Price to Book	2.56	2.22	2.84
P/E	203.33	42.05	0.0
5yr Avg Cash Conversion Cycle	-19.02 Days	-218.63 Days	-288.79 Days
Inventory Days	37.29 Days	52.2 Days	108.74 Days
Days Receivable	1.42 Days	7.41 Days	21.83 Days
Days Payable	63.65 Days	297.8 Days	1528.97 Days
5yr Average Interest Coverage Ratio	2.02	2.35	0.45
5yr Avg ROCE	12.71 %	13.11 %	-0.22 %
5yr Avg Operating Profit Margin	16.88 %	12.41 %	7.64 %
5 yr average Debt to Equity	2.68	0.81	1.69
5yr CAGR Net Profit	31.66 %	-13.58 %	n/a
5yr Average Return on Assets	3.17 %	2.98 %	-6.29 %
Shareholdings
Promoter Holding	75.0 %	39.52 %	75.0 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	2.46 %	9.38 %	4.67 %
Change in Mutual Fund Holding (3 Yrs)	-0.04 %	1.61 %	0.09 %

Business

	Udaipur Cement Works	Mangalam Cement	Sanghi Industries
Product Wise Break-Up	Product Wise Break-Up Cement 100.0 Clinker 0	Product Wise Break-Up Cement 100.0 Clinker 0	-
Location Wise Break-Up	Location Wise Break-Up India 100.0 Rest of the World 0 Gujarat 0	Location Wise Break-Up Rest of the World 0 India 100.0 Gujarat 0	Location Wise Break-Up Rest of the World 0 India 100.0 Gujarat 0