Vishwaraj Sugar Industries Ltd.

Financial

	Vishwaraj Sugar Ind.	SBEC Sugar	Rana Sugars
Operational Metrics
Sugar Sector
Sugar Recovery	10.98 %	11.34 %	n/a
Realization / Litre - Distillery	62.3 Rs/L	n/a	n/a
Realization / Unit - Cogeneration	5.68 Rs/Unit	n/a	5.19 Rs/Unit
Realization / Kg - Sugar	35.17 Rs/Kg	n/a	n/a
Capacity Utilization - Cogeneration	36.19 %	n/a	n/a
Capacity Utilization - Sugar	16.46 %	n/a	n/a
Capacity Utilization - Distillery	34.58 %	n/a	n/a
Vinegar
Capacity Utilization - Vinegar	33.86 %	n/a	n/a
Realization/Litre - Vinegar	15.23 Rs/Litre	n/a	n/a
Financials
5 yr Average ROE	3.53 %	123.44 %	41.91 %
5yr average Equity Multiplier	2.93	-40.7	3.36
5yr Average Asset Turnover Ratio	0.66	0.84	1.11
5yr Avg Net Profit Margin	2.3 %	-1.62 %	8.98 %
Price to Book	0.75	0.0	0.42
P/E	0.0	0.0	9.62
5yr Avg Cash Conversion Cycle	143.87 Days	-210.88 Days	36.86 Days
Inventory Days	237.81 Days	137.34 Days	117.52 Days
Days Receivable	27.87 Days	10.44 Days	30.61 Days
Days Payable	86.35 Days	339.66 Days	165.73 Days
5yr Average Interest Coverage Ratio	1.61	0.59	6.76
5yr Avg ROCE	14.45 %	35.99 %	17.61 %
5yr Avg Operating Profit Margin	13.29 %	4.99 %	8.32 %
5 yr average Debt to Equity	1.46	-10.83	0.75
5yr CAGR Net Profit	n/a	n/a	-36.25 %
5yr Average Return on Assets	1.31 %	-1.42 %	10.33 %
Shareholdings
Promoter Holding	29.04 %	65.12 %	22.64 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-4.65 %	0.0	0.0
Change in Mutual Fund Holding (3 Yrs)	-0.11 %	0.0	0.0

Business

	Vishwaraj Sugar Ind.	SBEC Sugar	Rana Sugars
Product Wise Break-Up	Product Wise Break-Up Sugar 46.02 Distillery 45.89 Co-Generation 4.35 Vinegar 3.73 IML 0 Others 0.01	Product Wise Break-Up Processed Sugar 100.0 Distillery 0 Vinegar 0 Co-Generation 0 IML 0	-
Location Wise Break-Up	Location Wise Break-Up India 100.0	-	Location Wise Break-Up India 100.0
Operating Profit Break-Up	Operating Profit Break-Up Distillery 83.12 Cogeneration 13.0 Vinegar Unit 3.43 IML 0.45 Sugar 0 Power 0	-	Operating Profit Break-Up Cogeneration 0 Power 0 Sugar 0 Vinegar Unit 0 Distillery 100.0 IML 0
Asset Break-Up	Asset Break-Up Others 100	-	Asset Break-Up Others 100