Birla Corporation Ltd.

Financial

	Birla Corporation	JK Lakshmi Cement	India Cements
Operational Metrics
Cement Sector
Realization / Tonne - Cement	5179.17 Rs/MT	5234.22 Rs/MT	3771.0 Rs/MT
Manufacturing Capacity - Cement	20.0 MMTPA	16.4 MMTPA	14.5 MMTPA
Capacity Utilization - Cement	89.0 %	89.0 %	61.0 %
EBITDA / Tonne - Cement	715.0 Rs/MT	1008.69 Rs/MT	424.0 Rs/MT
Quarterly Sales Volume - Cement	4.8 Million tonnes	3.33 Million tonnes	2.18 Million tonnes
Financials
5 yr Average ROE	7.11 %	16.03 %	-0.55 %
5yr average Equity Multiplier	2.34	2.53	1.85
5yr Average Asset Turnover Ratio	0.59	0.91	0.41
5yr Avg Net Profit Margin	5.35 %	7.06 %	-0.81 %
Price to Book	1.4	3.05	1.12
P/E	25.61	27.88	0.0
5yr Avg Cash Conversion Cycle	-158.33 Days	-95.16 Days	-268.09 Days
Inventory Days	37.51 Days	36.26 Days	51.33 Days
Days Receivable	12.83 Days	2.74 Days	52.0 Days
Days Payable	230.96 Days	165.71 Days	350.77 Days
5yr Average Interest Coverage Ratio	2.62	4.57	0.63
5yr Avg ROCE	7.7 %	17.4 %	0.38 %
5yr Avg Operating Profit Margin	15.53 %	16.83 %	3.5 %
5 yr average Debt to Equity	0.72	0.8	0.43
5yr CAGR Net Profit	-3.6 %	13.72 %	n/a
5yr Average Return on Assets	3.02 %	6.4 %	-0.35 %
Shareholdings
Promoter Holding	62.9 %	46.34 %	81.49 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.03 %	53.07 %
Change in Mutual Fund Holding (3 Yrs)	0.2 %	0.84 %	-0.14 %

Business

	Birla Corporation	JK Lakshmi Cement	India Cements
Product Wise Break-Up	Product Wise Break-Up Cement 95.38 Jute 4.58 Electricity 0 Ready Mix Concrete 0 White Cement 0 Clinker 0 Others 0.04	Product Wise Break-Up Jute 0 Electricity 0 Ready Mix Concrete 0 Clinker 0 Cement 100.0 White Cement 0	Product Wise Break-Up Jute 0 Electricity 2.07 Ready Mix Concrete 2.18 Clinker 0.1 Cement 95.65 White Cement 0
Location Wise Break-Up	Location Wise Break-Up India 99.42 Rest of the World 0.58 Rest Of India 0 North & West India 0 North India 0 Rajasthan 0 Gujarat/MP 0	Location Wise Break-Up India 0 North & West India 0 Rest of the World 0 Gujarat & MP 37.0 Rajasthan 40.0 North India 23.0 Rest Of India 0	Location Wise Break-Up India 100.0 North & West India 0 Rest of the World 0 Gujarat/MP 0 Rajasthan 0 North India 0 Rest Of India 0
Operating Profit Break-Up	Operating Profit Break-Up CEMENT 98.05 JUTE 1.95	-	-
Asset Break-Up	Asset Break-Up CEMENT 77.1 JUTE 7.74 Others 15.16	-	-