Ultratech Cement Ltd.

Financial

	Ultratech Cement	Grasim Industries	Ambuja Cement
Operational Metrics
Cement Sector
Realization / Tonne - Cement	4970.0 Rs/MT	n/a	4801.98 Rs/MT
EBITDA / Tonne - Cement	964.0 Rs/MT	n/a	595.0 Rs/MT
Manufacturing Capacity - Cement	140.8 MMTPA	n/a	38.9 MMTPA
Capacity Utilization - Cement	85.0 %	n/a	74.0 %
Capacity Utilization - Grey Cement	84.0 %	n/a	n/a
Quarterly Sales Volume - Cement	30.37 Million tonnes	n/a	10.1 Million tonnes
Realisation - ( White Cement )	12568.63 Rs/MT	n/a	n/a
Financials
5 yr Average ROE	12.52 %	7.87 %	9.37 %
5yr average Equity Multiplier	1.8	4.23	1.68
5yr Average Asset Turnover Ratio	0.62	0.32	0.64
5yr Avg Net Profit Margin	11.52 %	5.89 %	8.88 %
Price to Book	5.88	2.0	2.68
P/E	57.75	48.1	31.62
5yr Avg Cash Conversion Cycle	-188.47 Days	-138.56 Days	-173.46 Days
Inventory Days	31.29 Days	29.74 Days	27.51 Days
Days Receivable	18.37 Days	16.56 Days	11.59 Days
Days Payable	222.21 Days	181.07 Days	255.38 Days
5yr Average Interest Coverage Ratio	8.09	2.84	26.45
5yr Avg ROCE	13.38 %	7.38 %	12.92 %
5yr Avg Operating Profit Margin	20.92 %	21.56 %	18.25 %
5 yr average Debt to Equity	0.32	1.29	0.0
5yr CAGR Net Profit	4.01 %	4.98 %	11.29 %
5yr Average Return on Assets	6.97 %	1.88 %	5.56 %
Shareholdings
Promoter Holding	59.23 %	43.11 %	67.57 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.73 %	0.35 %	4.38 %
Change in Mutual Fund Holding (3 Yrs)	2.42 %	2.94 %	0.27 %

Business

	Ultratech Cement	Grasim Industries	Ambuja Cement
Product Wise Break-Up	Product Wise Break-Up Grey Cement 82.31 White Cement 3.78 0 Financial services 0 0 0 Viscose (VSF) 0 Ready Mix Concrete 0 Cement 0 Others 13.91	Product Wise Break-Up 0 Cement 0 White Cement 0 Chemicals 6.33 Viscose (VSF) 11.19 Financial Services 26.73 Cement ( Grey Cement, White Cement and Allied Products ) 53.43 Ready Mix Concrete 0 Grey Cement 0 Others 2.32	Product Wise Break-Up 0 Cement 96.26 White Cement 0 0 Viscose (VSF) 0 Financial services 0 0 Ready Mix Concrete 3.74 Grey Cement 0
Segment Break-Up	Segment Break-Up Cement 100.0	-	-
Location Wise Break-Up	Location Wise Break-Up North India 23.0 West India 22.0 South India 19.0 Central India 19.0 East India 17.0 India 0 Rest of the World 0 Domestic 0	Location Wise Break-Up South India 0 West India 0 Central India 0 India 95.82 Domestic 0 North India 0 East India 0 Rest of the World 4.18	Location Wise Break-Up South India 0 West India 0 Central India 0 India 0 Domestic 100.0 North India 0 East India 0 Rest of the World 0