JK Cement Ltd.

Financial

	JK Cement	The Ramco Cements	Nuvoco Vistas Corpor
Operational Metrics
Cement Sector
Realization / Tonne - Cement	5163.78 Rs/MT	5390.31 Rs/MT	6052.5 Rs/MT
EBITDA / Tonne - Cement	1329.0 Rs/MT	1007.0 Rs/MT	1052.5 Rs/MT
Capacity Utilization - Cement	75.0 %	70.0 %	78.85 %
Quarterly Sales Volume - Cement	4.15 Million tonnes	3.92 Million tonnes	4.0 Million tonnes
Capacity Utilization - ( White Cement )	80.0 %	n/a	n/a
Realisation - ( White Cement )	12640.14 Rs/MT	n/a	n/a
EBITDA / Tonne - White Cement	3033.0 Rs/MT	n/a	n/a
Financials
5 yr Average ROE	14.05 %	10.98 %	0.89 %
5yr average Equity Multiplier	2.76	2.02	2.46
5yr Average Asset Turnover Ratio	0.69	0.52	0.49
5yr Avg Net Profit Margin	7.47 %	10.89 %	0.69 %
Price to Book	6.33	2.67	1.35
P/E	44.76	49.13	48.76
5yr Avg Cash Conversion Cycle	-125.23 Days	-115.19 Days	-245.44 Days
Inventory Days	39.76 Days	28.21 Days	30.82 Days
Days Receivable	14.9 Days	12.65 Days	17.97 Days
Days Payable	193.55 Days	144.78 Days	246.54 Days
5yr Average Interest Coverage Ratio	3.87	10.3	0.97
5yr Avg ROCE	13.5 %	10.46 %	4.76 %
5yr Avg Operating Profit Margin	19.91 %	21.92 %	16.24 %
5 yr average Debt to Equity	1.01	0.55	0.79
5yr CAGR Net Profit	9.54 %	-9.24 %	n/a
5yr Average Return on Assets	5.11 %	5.48 %	0.36 %
Shareholdings
Promoter Holding	45.7 %	42.29 %	72.02 %
Share Pledged by Promoters	0.0	22.29 %	0.0
Change in Promoter Holding (3 Yrs)	-11.95 %	-0.25 %	0.99 %
Change in Mutual Fund Holding (3 Yrs)	3.13 %	-5.39 %	5.64 %

Business

	JK Cement	The Ramco Cements	Nuvoco Vistas Corpor
Product Wise Break-Up	Product Wise Break-Up Grey Cement 77.0 White Cement 23.0 Windmills 0 Ready Mix Concrete 0 Dry Mortar Products 0 Clinker 0 Cement 0	Product Wise Break-Up Windmills 0 Ready Mix Concrete 0 Grey Cement 0 White Cement 0 Dry Mortar Products 0 Clinker 0 Cement 100.0	-
Location Wise Break-Up	Location Wise Break-Up India 97.06 Rest of the World 0 East India 0 North India 0 Central India 0 Others 2.94	Location Wise Break-Up India 98.31 East India 0 Rest of the World 1.69 North India 0 Central India 0	Location Wise Break-Up India 0 East India 75.0 Rest of the World 0 North India 20.0 Central India 5.0
Asset Break-Up	Asset Break-Up India 100.0 RMX 0 Cement 0	-	Asset Break-Up Cement 94.62 India 0 RMX 4.15 Others 1.23