Concord Control Systems Ltd

Concord Control Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Concord Control Systems Ltd

₹ 707 -1.76%
24 May - close price
concordgroup.in BSE - SME: 543619
About

Incorporated in 2011, Concord Control Systems Ltd is in the business of Electrical Machinery for Indian Railways and allied products[1]

Key Points

Business Overview:[1]
CCSL is an ISO: 9001:2015 certified organization by TUV- SUD South Asia Pvt. Ltd. It is an OEM for Indian Railway and is a Research, Designs, and Standards Organization (RDSO) approved source for manufacturing and supply of several electronics, electricals, mechanical and electro mechanical products

Website BSE
  • Market Cap ₹ 423 Cr.
  • Current Price ₹ 707
  • High / Low ₹ 1,000 / 249
  • Stock P/E 44.5
  • Book Value ₹ 47.8
  • Dividend Yield 0.00 %
  • ROCE 43.0 %
  • ROE 38.0 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 38.3%
  • Debtor days have improved from 86.5 to 66.6 days.

Cons

  • Stock is trading at 14.8 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
14.13 17.56 26.28 23.06 30.45
12.57 15.21 23.40 18.26 22.51
Operating Profit 1.56 2.35 2.88 4.80 7.94
OPM % 11.04% 13.38% 10.96% 20.82% 26.08%
0.01 0.02 0.09 0.17 0.42
Interest 0.07 0.04 0.04 0.02 0.06
Depreciation 0.16 0.21 0.24 0.27 0.20
Profit before tax 1.34 2.12 2.69 4.68 8.10
Tax % 23.13% 24.53% 25.28% 26.28% 25.19%
1.04 1.61 2.00 3.44 6.07
EPS in Rs 52.00 80.50 4.76 6.02 10.63
Raw PDF
Upcoming result date: 28 May 2024

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
13.60 15.58 17.27 31.69 49.27 53.51
12.72 14.26 15.44 27.79 41.60 40.77
Operating Profit 0.88 1.32 1.83 3.90 7.67 12.74
OPM % 6.47% 8.47% 10.60% 12.31% 15.57% 23.81%
0.33 0.31 0.34 0.04 0.27 0.59
Interest 0.17 0.10 0.18 0.11 0.06 0.08
Depreciation 0.07 0.13 0.22 0.37 0.51 0.47
Profit before tax 0.97 1.40 1.77 3.46 7.37 12.78
Tax % 26.80% 27.86% 23.73% 23.70% 26.19%
0.71 1.01 1.36 2.64 5.45 9.51
EPS in Rs 35.50 50.50 68.00 132.00 9.54 16.65
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 47%
TTM: 22%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 75%
TTM: 163%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 158%
Return on Equity
10 Years: %
5 Years: %
3 Years: 38%
Last Year: 38%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.20 0.20 0.20 0.20 5.71 5.71
Reserves 2.26 3.27 4.63 7.27 15.52 21.59
1.67 2.20 3.21 3.13 2.69 1.73
2.16 2.70 4.44 4.12 5.72 6.09
Total Liabilities 6.29 8.37 12.48 14.72 29.64 35.12
0.87 1.28 1.43 2.10 2.08 1.95
CWIP 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.01 0.02 0.37 1.57 4.52
5.42 7.08 11.03 12.25 25.99 28.65
Total Assets 6.29 8.37 12.48 14.72 29.64 35.12

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.16 1.57 -1.98
-0.17 -1.38 -1.49
-0.19 -0.19 7.67
Net Cash Flow -0.52 0.00 4.19

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 79.71 90.90 158.93 34.09 66.60
Inventory Days 65.02 67.42 71.13 94.57 32.03
Days Payable 63.88 73.58 107.53 46.01 28.39
Cash Conversion Cycle 80.85 84.74 122.53 82.65 70.24
Working Capital Days 83.20 93.24 129.98 79.13 96.97
ROCE % 30.61% 28.45% 38.30% 43.05%

Shareholding Pattern

Numbers in percentages

Oct 2022Mar 2023Sep 2023Oct 2023Mar 2024
73.53% 73.53% 73.53% 70.21% 70.21%
6.44% 0.00% 0.00% 0.00% 0.00%
4.17% 2.24% 2.21% 1.96% 1.63%
15.86% 24.23% 24.26% 27.84% 28.16%
No. of Shareholders 382295583694908

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports