Dalmia Bharat Ltd.

Financial

	Dalmia Bharat	Shree Cement	ACC
Operational Metrics
Cement Sector
Realization / Tonne - Cement	4894.32 Rs/MT	5352.57 Rs/MT	4918.51 Rs/MT
Manufacturing Capacity - Cement	44.6 MMTPA	49.9 MMTPA	38.55 MMTPA
Capacity Utilization - Cement	60.0 %	77.0 %	75.54 %
EBITDA / Tonne - Cement	743.0 Rs/MT	1392.44 Rs/MT	805.0 Rs/MT
Quarterly Sales Volume - Cement	8.8 Million tonnes	9.53 Million tonnes	10.4 Million tonnes
Financials
5 yr Average ROE	5.6 %	11.42 %	11.36 %
5yr average Equity Multiplier	1.71	1.41	1.45
5yr Average Asset Turnover Ratio	0.49	0.7	0.87
5yr Avg Net Profit Margin	6.88 %	11.9 %	9.28 %
Price to Book	2.1	4.82	3.19
P/E	41.75	41.68	22.27
5yr Avg Cash Conversion Cycle	-122.28 Days	-178.55 Days	-69.44 Days
Inventory Days	29.41 Days	55.59 Days	24.89 Days
Days Receivable	16.31 Days	27.42 Days	13.94 Days
Days Payable	189.58 Days	265.55 Days	176.76 Days
5yr Average Interest Coverage Ratio	4.85	9.46	27.61
5yr Avg ROCE	6.7 %	14.63 %	14.77 %
5yr Avg Operating Profit Margin	22.87 %	27.28 %	16.79 %
5 yr average Debt to Equity	0.31	0.19	0.0
5yr CAGR Net Profit	29.82 %	4.77 %	11.15 %
5yr Average Return on Assets	3.35 %	8.17 %	7.81 %
Shareholdings
Promoter Holding	55.84 %	62.55 %	56.69 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.13 %	0.0	2.16 %
Change in Mutual Fund Holding (3 Yrs)	5.18 %	-0.75 %	5.4 %

Business

	Dalmia Bharat	Shree Cement	ACC
Product Wise Break-Up	Product Wise Break-Up Portland pozzolamd Cement 55.0 Portland Composite Cement 18.0 Portland Slang Cement 14.0 OPC 13.0 Special Catogory Cement 0 Traded goods 0 Refractories 0 Cement and its related products 0 Power sales 0 Clinker 0 Cement 0 Ready Mix Concrete 0	Product Wise Break-Up Clinker 0 Power sales 0 Refractories 0 Ready Mix Concrete 0 OPC 0 Portland pozzolamd Cement 0 Cement and its related products 0 Special Catogory Cement 0 Cement 100.0 Portland Slang Cement 0 Portland Composite Cement 0 Traded goods 0	Product Wise Break-Up Clinker 0 Power sales 0 Refractories 0 Ready Mix Concrete 5.85 OPC 0 Portland pozzolamd Cement 0 Cement and its related products 0 Special Catogory Cement 0 Cement 94.15 Portland Slang Cement 0 Portland Composite Cement 0 Traded goods 0
Location Wise Break-Up	Location Wise Break-Up India 100.0 Rest of the World 0	Location Wise Break-Up Rest of the World 5.86 India 94.14	Location Wise Break-Up Rest of the World 0 India 100.0
Asset Break-Up	Asset Break-Up India 100.0 Rest of the World 0 Ready Mix Concrete 0 Cement 0	Asset Break-Up Rest of the World 0 Cement 0 Ready Mix Concrete 0 India 82.03 Others 17.97	Asset Break-Up Rest of the World 0 Cement 70.79 Ready Mix Concrete 2.61 India 0 Others 26.6
Segment Wise Break-Up	Segment Wise Break-Up Cement 100.0 Refractory Products 0 Distillery 0 Power 0	-	-