Dalmia Bharat Sugar And Industries Ltd.

Financial

	Dalmia Bharat Sugar	Bajaj Hindusthan Sug	Banna Amman Sugars
Operational Metrics
Sugar Sector
Sugar Recovery	10.63 %	10.89 %	9.03 %
Realization / Litre - Distillery	64.24 Rs/L	56.88 Rs/L	n/a
Realization / Unit - Cogeneration	14.91 Rs/Unit	3.39 Rs/Unit	n/a
Realization / Kg - Sugar	38.4 Rs/Kg	37.64 Rs/Kg	n/a
Capacity Utilization - Cogeneration	47.93 %	n/a	53.07 %
Capacity Utilization - Sugar	39.03 %	n/a	56.09 %
Financials
5 yr Average ROE	11.28 %	-6.19 %	7.63 %
5yr average Equity Multiplier	1.85	4.7	1.7
5yr Average Asset Turnover Ratio	0.67	0.44	0.81
5yr Avg Net Profit Margin	9.22 %	-2.69 %	5.68 %
Price to Book	1.08	0.57	2.66
P/E	12.09	0.0	50.5
5yr Avg Cash Conversion Cycle	138.92 Days	-138.96 Days	165.86 Days
Inventory Days	171.27 Days	156.09 Days	186.35 Days
Days Receivable	16.93 Days	8.87 Days	22.61 Days
Days Payable	61.75 Days	310.55 Days	20.97 Days
5yr Average Interest Coverage Ratio	8.27	0.28	5.22
5yr Avg ROCE	13.23 %	0.76 %	11.89 %
5yr Avg Operating Profit Margin	15.05 %	4.1 %	12.9 %
5 yr average Debt to Equity	0.46	1.66	0.55
5yr CAGR Net Profit	7.12 %	11.57 %	9.75 %
5yr Average Return on Assets	6.17 %	-1.2 %	4.6 %
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	0.2 %	-0.06 %

Business

	Dalmia Bharat Sugar	Bajaj Hindusthan Sug	Banna Amman Sugars
Product Wise Break-Up	Product Wise Break-Up Sugar 68.59 Distillery 30.99 Power 0 Sugar 0 Granite Products 0 Others 0.42	Product Wise Break-Up Granite Products 0 Sugar 76.66 Power 15.88 Distillery 6.98 Others 0.48	Product Wise Break-Up Granite Products 1.38 Sugar 65.93 Power 16.57 Distillery 16.11 Others 0.01
Location Wise Break-Up	Location Wise Break-Up India 99.98 Rest of the World 0.02	Location Wise Break-Up India 100.0 Rest of the World 0	Location Wise Break-Up India 98.9 Rest of the World 1.1
Operating Profit Break-Up	Operating Profit Break-Up Sugar 72.42 Distillery 20.43 Power 0 Granite Products 0 Others 7.15	Operating Profit Break-Up Granite Products 0 Sugar 0 Power 13.63 Distillery 86.37	Operating Profit Break-Up Granite Products 1.41 Sugar 19.19 Power 25.57 Distillery 53.83
Capex	Capex Sugar 41.97 Power 6.19 Distillery 3.83 Granite Products 0 Others 48.01	Capex Granite Products 0 Processed Sugar 59.67 Power 0 Distillery 29.89 Others 10.44	Capex Granite Products 11.47 Sugar 58.57 Power 1.48 Distillery 28.48
Asset Break-Up	Asset Break-Up Sugar 49.74 Distillery 20.91 Power 0 Granite Products 0 Others 29.35	Asset Break-Up Granite Products 0 Processed Sugar 52.88 Power 17.91 Distillery 6.43 Others 22.78	Asset Break-Up Granite Products 4.0 Sugar 66.46 Power 8.56 Distillery 19.51 Others 1.47