The Ramco Cements Ltd.

Financial

	The Ramco Cements	Dalmia Bharat	Nuvoco Vistas Corpor
Operational Metrics
Cement Sector
Realization / Tonne - Cement	4659.09 Rs/MT	4607.46 Rs/MT	6140.48 Rs/MT
EBITDA / Tonne - Cement	721.0 Rs/MT	650.0 Rs/MT	800.0 Rs/MT
Manufacturing Capacity - Cement	24.0 MMTPA	46.6 MMTPA	25.0 MMTPA
Capacity Utilization - Cement	75.0 %	60.0 %	75.36 %
Quarterly Sales Volume - Cement	4.4 Million tonnes	6.7 Million tonnes	4.2 Million tonnes
Unclassified
Capacity Utilization - Clinker	100.0 %	n/a	n/a
Financials
5 yr Average ROE	9.72 %	5.6 %	1.31 %
5yr average Equity Multiplier	2.1	1.71	2.34
5yr Average Asset Turnover Ratio	0.51	0.49	0.5
5yr Avg Net Profit Margin	9.68 %	6.88 %	1.04 %
Price to Book	3.23	1.84	1.41
P/E	84.71	42.13	255.65
5yr Avg Cash Conversion Cycle	-132.25 Days	-122.28 Days	-267.64 Days
Inventory Days	27.65 Days	27.75 Days	31.69 Days
Days Receivable	17.38 Days	16.31 Days	18.28 Days
Days Payable	156.65 Days	189.58 Days	273.31 Days
5yr Average Interest Coverage Ratio	7.83	4.85	1.04
5yr Avg ROCE	9.51 %	6.7 %	4.9 %
5yr Avg Operating Profit Margin	20.7 %	20.97 %	16.25 %
5 yr average Debt to Equity	0.61	0.31	0.7
5yr CAGR Net Profit	-9.84 %	29.82 %	-9.98 %
5yr Average Return on Assets	4.7 %	3.35 %	0.55 %
Shareholdings
Promoter Holding	42.29 %	55.84 %	72.02 %
Share Pledged by Promoters	22.17 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.23 %	-0.13 %	0.99 %
Change in Mutual Fund Holding (3 Yrs)	-1.59 %	2.92 %	8.19 %

Business

	The Ramco Cements	Dalmia Bharat	Nuvoco Vistas Corpor
Product Wise Break-Up	Product Wise Break-Up Cement 100.0 Windmills 0 Ready Mix Concrete 0 Dry Mortar Products 0 Clinker 0 Special Catogory Cement 0 Portland Composite Cement 0 OPC 0 Portland pozzolamd Cement 0 Portland Slang Cement 0 Traded goods 0 Refractories 0 Cement and its related products 0	Product Wise Break-Up Windmills 0 Cement 0 Ready Mix Concrete 0 Portland Composite Cement 18.0 Traded goods 0 Portland Slang Cement 14.0 Portland pozzolamd Cement 55.0 Special Catogory Cement 0 Cement and its related products 0 Refractories 0 Dry Mortar Products 0 OPC 13.0 Clinker 0	-
Location Wise Break-Up	Location Wise Break-Up India 99.42 Rest of the World 0.58 East India 0 North India 0 Central India 0	Location Wise Break-Up East India 0 North India 0 India 100.0 Rest of the World 0 Central India 0	Location Wise Break-Up East India 75.0 North India 20.0 India 0 Rest of the World 0 Central India 5.0
Raw Material Break-Up	Raw Material Break-Up Limestone 31.39 Freight 29.01 Other Additives 16.95 Pozzolona Material 12.58 Gypsum 8.44 Aggregates 0 Clinker 0 Others 1.63	-	-