Cochin Malabar Estates & Industries Ltd
Incorporated in 1930, Cochin Malabar Estates & Industries Ltd is into the business of rubber and tea plantations.
- Market Cap ₹ 21.4 Cr.
- Current Price ₹ 121
- High / Low ₹ 153 / 56.8
- Stock P/E 4.00
- Book Value ₹ 163
- Dividend Yield 0.00 %
- ROCE 15.6 %
- ROE 20.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.74 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
* 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: Plantation & Plantation Products Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | |
|---|---|---|
| 20.44 | 23.95 | |
| 15.05 | 17.47 | |
| Operating Profit | 5.39 | 6.48 |
| OPM % | 26.37% | 27.06% |
| 0.19 | 0.65 | |
| Interest | 1.66 | 1.33 |
| Depreciation | 0.55 | 0.51 |
| Profit before tax | 3.37 | 5.29 |
| Tax % | 0.00% | 0.00% |
| 3.37 | 5.29 | |
| EPS in Rs | 18.72 | 29.39 |
| Dividend Payout % | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 56% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | % |
| 3 Years: | 29% |
| 1 Year: | 83% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | |
|---|---|---|
| Equity Capital | 1.77 | 1.77 |
| Reserves | 22.35 | 27.59 |
| 21.81 | 10.63 | |
| 21.68 | 24.46 | |
| Total Liabilities | 67.61 | 64.45 |
| 54.89 | 56.35 | |
| CWIP | 0.18 | 0.20 |
| Investments | 0.02 | 0.02 |
| 12.52 | 7.88 | |
| Total Assets | 67.61 | 64.45 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | |
|---|---|---|
| -2.31 | 14.14 | |
| -2.00 | -2.12 | |
| 4.19 | -12.54 | |
| Net Cash Flow | -0.12 | -0.52 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | |
|---|---|---|
| Debtor Days | 16.96 | 5.18 |
| Inventory Days | 1,065.14 | |
| Days Payable | 305.27 | |
| Cash Conversion Cycle | 776.83 | 5.18 |
| Working Capital Days | -288.04 | -271.12 |
| ROCE % | 15.57% |
Documents
Announcements
- Compliance Certificate Under Regulation 40(9) For The Year Ended 31St March, 2024 23 Apr
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Compliance Certificate For The Period Ended March, 2024
11 Apr - Compliance Certificate under Regulation 7(3) of SEBI (LODR) Regulations, 2015 for the year ended 31st March, 2024
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2024
- Closure of Trading Window 26 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19 Feb
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1]
Company is involved in plantation with 3 Rubber Estates in Kerala measuring 5225 acres. Company also purchased one Tea Estate in Kerala.
Besides the traditional plantation business, company had diversified activities such as Fire Engineering Division at Bombay and a Aqua Culture Farm in Goa on ~106 acres for cultivation of tiger prawns, shrimps, etc.
Company had also started a 100% EOU Rubber Wood Processing factory near one of its estates for converting the rubber wood into hard and strong wood by chemical treatment with foreign knowhow.
At present, Cochin Plantation Division has demerged from the Company and merged with Joonktollee Tea & Industries Ltd. w.e.f. 01.04.2011.
The Company ceased to be a subsidiary of Joonktollee Tea & Industries Ltd. w.e.f. 07.10.2013.