Balrampur Chini Mill Key Ratios

Dupont Analysis

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
ROE	22.91%	19.06%	17.24%	10.03%	17.04%	12.24%
PAT margin	10.95%	9.97%	9.59%	6.09%	9.55%	8.07%
Asset Turnover	0.92x	0.92x	0.94x	0.84x	0.87x	0.76x
Leverage	2.28x	2.08x	1.90x	1.96x	2.05x	2.01x

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Inventory Days	177.5	177.3	172.4	176.8	169.2	201.8
Receivable Days	26.5	18.4	14.4	10.2	8.2	9.0
Payable Days	66.5	66.9	47.8	35.3	30.1	27.3
Cash Conversion Cycle	137.5	128.8	139.1	151.7	147.3	183.5

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
ROE	22.91%	19.06%	17.24%	10.03%	17.04%	12.24%
ROCE	16.32%	16.72%	16.07%	10.44%	16.22%	11.08%
ROA	10.03%	9.15%	9.06%	5.12%	8.30%	6.10%