Sanghi Industries Ltd.

Financial

	Sanghi Industries	Udaipur Cement Works	Shree DigvijayCement
Operational Metrics
Cement Sector
Realization / Tonne - Cement	4316.67 Rs/MT	n/a	5492.89 Rs/MT
EBITDA / Tonne - Cement	485.0 Rs/MT	66.36 Rs/MT	837.0 Rs/MT
Manufacturing Capacity - Cement	6.1 MMTPA	4.7 MMTPA	1.27 MMTPA
Capacity Utilization - Cement	28.0 %	34.77 %	99.92 %
Quarterly Sales Volume - Cement	0.6 Million tonnes	0.51 Million tonnes	0.39 Million tonnes
Financials
5 yr Average ROE	-10.19 %	12.91 %	18.98 %
5yr average Equity Multiplier	2.31	4.2	1.44
5yr Average Asset Turnover Ratio	0.26	0.66	1.38
5yr Avg Net Profit Margin	-14.1 %	4.81 %	9.64 %
Price to Book	2.57	2.07	3.2
P/E	0.0	0.0	46.25
5yr Avg Cash Conversion Cycle	-332.53 Days	-19.02 Days	-123.68 Days
Inventory Days	116.22 Days	37.29 Days	56.02 Days
Days Receivable	0.0	1.42 Days	11.89 Days
Days Payable	1611.66 Days	63.65 Days	221.75 Days
5yr Average Interest Coverage Ratio	1.02	2.02	56.47
5yr Avg ROCE	1.58 %	12.71 %	25.89 %
5yr Avg Operating Profit Margin	10.43 %	16.88 %	17.94 %
5 yr average Debt to Equity	1.02	2.68	0.0
5yr CAGR Net Profit	n/a	31.66 %	10.22 %
5yr Average Return on Assets	-3.23 %	3.17 %	13.22 %
Shareholdings
Promoter Holding	75.0 %	75.0 %	54.68 %
Share Pledged by Promoters	14.1 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	4.67 %	2.46 %	-1.44 %
Change in Mutual Fund Holding (3 Yrs)	0.2 %	-0.04 %	0.0

Business

	Sanghi Industries	Udaipur Cement Works	Shree DigvijayCement
Location Wise Break-Up	Location Wise Break-Up India 100.0 Gujarat 0 Rest of the World 0	Location Wise Break-Up India 100.0 Rest of the World 0 Gujarat 0	Location Wise Break-Up India 99.11 Rest of the World 0.89 Gujarat 0
Raw Material Break-Up	Raw Material Break-Up Limestone 50.16 Fly ash 20.74 Raw Material for Ready Mix Concrete 16.03 Gypsum 13.06 Clinker consumed 0 Others 0.01	-	-
Asset Break-Up	Asset Break-Up Others 100	-	-
Segment Wise Break-Up	Segment Wise Break-Up Cement 100.0 RMC (M3) 0 Clinker 0	-	-