Ambuja Cements Ltd.

Financial

	Ambuja Cement	ACC	Grasim Industries
Operational Metrics
Cement Sector
Capacity Utilization - Cement	85.0 %	75.54 %	n/a
Realization / Tonne - Cement	5031.58 Rs/MT	4918.51 Rs/MT	n/a
Manufacturing Capacity - Cement	35.4 MMTPA	38.55 MMTPA	n/a
EBITDA / Tonne - Cement	837.0 Rs/MT	805.0 Rs/MT	n/a
Quarterly Sales Volume - Cement	9.5 Million tonnes	10.4 Million tonnes	n/a
Financials
5 yr Average ROE	9.37 %	11.36 %	7.18 %
5yr average Equity Multiplier	1.68	1.45	4.13
5yr Average Asset Turnover Ratio	0.64	0.87	0.32
5yr Avg Net Profit Margin	8.88 %	9.28 %	5.47 %
Price to Book	3.98	3.01	2.05
P/E	46.14	21.04	32.3
5yr Avg Cash Conversion Cycle	-173.46 Days	-69.44 Days	-134.64 Days
Inventory Days	27.51 Days	24.89 Days	29.16 Days
Days Receivable	11.59 Days	13.94 Days	16.35 Days
Days Payable	255.38 Days	176.76 Days	167.55 Days
5yr Average Interest Coverage Ratio	26.45	27.61	2.71
5yr Avg ROCE	12.92 %	14.77 %	7.36 %
5yr Avg Operating Profit Margin	20.38 %	16.79 %	23.25 %
5 yr average Debt to Equity	0.0	0.0	1.27
5yr CAGR Net Profit	11.29 %	11.15 %	32.17 %
5yr Average Return on Assets	5.56 %	7.81 %	1.75 %
Shareholdings
Promoter Holding	66.74 %	56.69 %	43.06 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	3.45 %	2.16 %	1.23 %
Change in Mutual Fund Holding (3 Yrs)	1.17 %	5.4 %	0.58 %

Business

	Ambuja Cement	ACC	Grasim Industries
Product Wise Break-Up	Product Wise Break-Up Cement 100.0 Ready Mix Concrete 0 Financial services 0 0 0 Viscose (VSF) 0	Product Wise Break-Up Financial services 0 0 0 Cement 94.15 Viscose (VSF) 0 Ready Mix Concrete 5.85	Product Wise Break-Up Financial Services 27.56 Chemicals 5.48 Cement ( Grey Cement, White Cement and Allied Products ) 55.0 Cement 0 Viscose (VSF) 9.89 Ready Mix Concrete 0 Others 2.07
Location Wise Break-Up	Location Wise Break-Up Domestic 100.0 Rest of the World 0 India 0	Location Wise Break-Up India 100.0 Rest of the World 0 Domestic 0	Location Wise Break-Up India 95.37 Rest of the World 4.63 Domestic 0
Raw Material Break-Up	Raw Material Break-Up Fly ash 30.7 Gypsum 17.71 Slag 11.26 Aggregates 0 Cement for RMC 0 Fly Ash 0 Others 40.33	Raw Material Break-Up Cement for RMC 7.07 Fly ash 0 Fly Ash 21.13 Gypsum 12.98 Aggregates 10.59 Slag 16.91 Others 31.32	-
Fuel Break-up	Fuel Break-up Pet coke 62.0 Coal 22.0 Coal 11.0 AFR 5.0	-	-