Sanghi Industries Ltd. benchmarking: Perfomance to industry peers

Financial

	Sanghi Industries	Shree DigvijayCement	Mangalam Cement
Operational Metrics
Cement
Realization / Tonne - Cement	3722.22 Rs/MT	5451.01 Rs/MT	4802.82 Rs/MT
EBITDA / Tonne - Cement	427.0 Rs/MT	692.0 Rs/MT	1084.0 Rs/MT
Manufacturing Capacity - Cement	6.1 MMTPA	1.27 MMTPA	4.0 MMTPA
Capacity Utilization - Cement	28.0 %	99.92 %	87.25 %
Quarterly Sales Volume - Cement	0.9 Million tonnes	0.3 Million tonnes	0.88 Million tonnes
Financials
5 yr Average ROE	-27.22 %	16.57 %	7.88 %
5yr average Equity Multiplier	3.15	1.53	2.62
5yr Average Asset Turnover Ratio	0.26	1.31	0.81
5yr Avg Net Profit Margin	-25.76 %	8.41 %	3.84 %
Price to Book	3.81	3.64	2.33
P/E	0.0	35.47	27.17
5yr Avg Cash Conversion Cycle	-288.79 Days	-176.97 Days	-218.63 Days
Inventory Days	108.74 Days	56.39 Days	52.2 Days
Days Receivable	21.83 Days	11.92 Days	7.41 Days
Days Payable	1528.97 Days	226.75 Days	297.8 Days
5yr Average Interest Coverage Ratio	0.45	47.88	2.35
5yr Avg ROCE	-0.22 %	22.3 %	13.11 %
5yr Avg Operating Profit Margin	7.64 %	15.93 %	12.41 %
5 yr average Debt to Equity	1.69	0.06	0.81
5yr CAGR Net Profit	n/a	-14.13 %	-13.58 %
5yr Average Return on Assets	-6.29 %	11.3 %	2.98 %
Shareholdings
Promoter Holding	75.0 %	54.66 %	40.0 %
Share Pledged by Promoters	14.1 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	3.07 %	-1.35 %	8.04 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	1.61 %

	Sanghi Industries	Shree DigvijayCement	Mangalam Cement
Location Wise Break-Up	Location Wise Break-Up India 100.0 Gujarat 0 Rest of the World 0	Location Wise Break-Up Gujarat 0 India 99.87 Rest of the World 0.13	Location Wise Break-Up Gujarat 0 India 100.0 Rest of the World 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	-	-