Assoc Alcohols &Brew Key Ratios

Dupont Analysis

Metric	Mar 2006	Mar 2007	Mar 2013	Mar 2014	Mar 2015	Mar 2025
ROE	9.14%	4.17%	8.19%	10.78%	19.77%	29.15%
PAT margin	2.83%	1.40%	2.11%	2.74%	4.13%	7.57%
Asset Turnover	1.13x	1.02x	1.26x	1.20x	1.65x	2.44x
Leverage	2.87x	2.92x	3.08x	3.29x	2.90x	1.65x

Metric	Mar 2006	Mar 2007	Mar 2013	Mar 2014	Mar 2015	Mar 2025
Inventory Days	44.7	55.8	41.6	41.8	35.4	27.3
Receivable Days	85.8	86.5	28.8	13.8	9.5	7.7
Payable Days	74.0	90.0	82.7	72.8	53.4	25.5
Cash Conversion Cycle	56.5	52.3	-12.3	-17.2	-8.4	9.5

Metric	Mar 2006	Mar 2007	Mar 2013	Mar 2014	Mar 2015	Mar 2025
ROE	9.14%	4.17%	8.19%	10.78%	19.77%	29.15%
ROCE	5.68%	5.62%	10.64%	12.75%	19.10%	31.55%
ROA	3.19%	1.43%	2.66%	3.28%	6.82%	17.64%