Starlog Enterprises Ltd

Starlog Enterprises Ltd

₹ 43.0 4.60%
23 Apr 4:01 p.m.
About

Incorporated in 1983, Starlog Enterprises Ltd. is an infrastructure solution provider. The company specializes in Port & Infrastructure facilities, Charter Hire & Operation of Heavy Duty Cranes, Engineering & Erection activities.

Key Points

Services Offered:
a) Charter Hire:[1]
The company provides services in owning, operating, maintaining & giving on hire cranes including heavy duty cranes to various Industries. The company owns/operates over 200 cranes ranging from 1250MT to 9MT and these are imported from the world's top manufacturers.
b) Port Operation Services:
The company provides services in the fields of container handling, storage services and other ancillary services through its subsidiaries and associates.

  • Market Cap 51.5 Cr.
  • Current Price 43.0
  • High / Low 56.2 / 23.1
  • Stock P/E
  • Book Value 43.1
  • Dividend Yield 0.00 %
  • ROCE -8.78 %
  • ROE -370 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 1.00 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -22.4% over past five years.
  • Contingent liabilities of Rs.181 Cr.
  • Earnings include an other income of Rs.2.24 Cr.
  • Company has high debtors of 361 days.
  • Company's cost of borrowing seems high

* 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: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
5.02 5.45 3.61 3.93 3.95 3.00 2.61 1.97 1.85 1.59 2.83 2.85 2.40
4.62 3.83 4.04 3.55 5.45 4.53 3.43 5.34 2.60 0.82 2.33 2.61 2.21
Operating Profit 0.40 1.62 -0.43 0.38 -1.50 -1.53 -0.82 -3.37 -0.75 0.77 0.50 0.24 0.19
OPM % 7.97% 29.72% -11.91% 9.67% -37.97% -51.00% -31.42% -171.07% -40.54% 48.43% 17.67% 8.42% 7.92%
0.45 2.08 7.53 0.73 3.66 -2.36 4.89 45.50 1.18 1.26 0.42 0.56 0.00
Interest 6.77 6.33 5.92 6.03 6.42 6.03 5.34 1.07 1.11 1.14 1.29 1.37 1.40
Depreciation 2.83 2.65 2.32 2.36 2.21 1.90 1.79 0.98 0.87 0.81 1.04 0.85 0.90
Profit before tax -8.75 -5.28 -1.14 -7.28 -6.47 -11.82 -3.06 40.08 -1.55 0.08 -1.41 -1.42 -2.11
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -125.00% 0.00% 0.00% 0.00%
-8.74 -5.28 -1.14 -7.28 -6.47 -11.81 -3.06 40.08 -1.56 0.18 -1.40 -1.42 -2.11
EPS in Rs -7.30 -4.41 -0.95 -6.08 -5.41 -9.87 -2.56 33.49 -1.30 0.15 -1.17 -1.19 -1.76
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
145.76 96.73 74.37 71.77 78.63 63.45 28.37 24.56 20.71 18.14 14.48 8.01 9.67
57.18 46.37 36.62 44.80 37.84 36.52 24.50 18.29 13.04 13.40 15.08 10.14 7.97
Operating Profit 88.58 50.36 37.75 26.97 40.79 26.93 3.87 6.27 7.67 4.74 -0.60 -2.13 1.70
OPM % 60.77% 52.06% 50.76% 37.58% 51.88% 42.44% 13.64% 25.53% 37.04% 26.13% -4.14% -26.59% 17.58%
9.90 8.15 1.97 7.22 11.66 0.09 23.84 4.87 -69.00 3.55 9.56 52.83 2.24
Interest 40.21 33.18 32.22 31.50 29.54 30.84 23.05 24.90 25.80 27.54 26.88 10.71 5.20
Depreciation 42.96 36.94 35.00 22.59 24.11 20.58 16.66 14.26 13.76 11.28 8.79 4.44 3.60
Profit before tax 15.31 -11.61 -27.50 -19.90 -1.20 -24.40 -12.00 -28.02 -100.89 -30.53 -26.71 35.55 -4.86
Tax % 27.63% 45.82% 33.45% 31.21% 39.17% 3.77% 0.00% 0.00% 0.00% 0.00% 0.00% -0.28%
11.08 -6.28 -18.30 -13.69 -0.74 -23.48 -12.00 -28.03 -100.89 -30.54 -26.71 35.64 -4.75
EPS in Rs 9.26 -5.25 -15.29 -11.44 -0.62 -19.62 -10.03 -23.42 -84.31 -25.52 -22.32 29.78 -3.97
Dividend Payout % 54.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -22%
5 Years: -22%
3 Years: -27%
TTM: 3%
Compounded Profit Growth
10 Years: -6%
5 Years: 9%
3 Years: 14%
TTM: 80%
Stock Price CAGR
10 Years: -4%
5 Years: 18%
3 Years: 46%
1 Year: 74%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -370%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 11.97 11.97 11.97 11.97 11.97 11.97 11.97 11.97 11.97 11.97 11.97 11.97 11.97
Reserves 225.09 218.80 200.51 186.51 185.77 140.30 127.71 99.93 -0.79 -31.33 -58.19 42.49 39.66
265.88 246.25 237.83 213.47 193.73 183.93 127.49 116.39 106.11 90.92 80.60 16.59 18.85
75.84 76.64 56.94 77.61 72.32 92.33 101.26 125.27 127.49 135.64 150.86 78.99 76.52
Total Liabilities 578.78 553.66 507.25 489.56 463.79 428.53 368.43 353.56 244.78 207.20 185.24 150.04 147.00
350.99 309.29 276.05 251.63 209.96 189.43 139.17 124.24 97.77 81.95 65.27 32.78 30.57
CWIP 18.34 18.72 18.73 7.09 7.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 45.53 64.09 64.09 117.06 141.28 151.52 151.52 151.52 74.85 74.85 74.85 74.85 74.84
163.92 161.56 148.38 113.78 105.46 87.58 77.74 77.80 72.16 50.40 45.12 42.41 41.59
Total Assets 578.78 553.66 507.25 489.56 463.79 428.53 368.43 353.56 244.78 207.20 185.24 150.04 147.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
83.73 52.87 33.41 67.83 59.25 25.69 8.81 11.30 4.40 10.68 9.81 -6.03
7.47 -6.41 0.68 -17.44 -7.94 -2.43 34.84 2.67 16.38 8.95 10.72 24.44
-92.55 -48.91 -37.40 -50.99 -50.64 -22.19 -45.47 -14.01 -19.43 -21.20 -18.80 -82.51
Net Cash Flow -1.35 -2.45 -3.31 -0.60 0.67 1.07 -1.82 -0.04 1.36 -1.57 1.73 -64.10

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 126.01 182.67 173.40 135.89 138.29 152.85 360.24 409.58 458.06 207.65 224.34 361.35
Inventory Days
Days Payable
Cash Conversion Cycle 126.01 182.67 173.40 135.89 138.29 152.85 360.24 409.58 458.06 207.65 224.34 361.35
Working Capital Days -40.57 -209.95 54.72 -174.13 -261.48 -711.82 -1,473.77 -2,065.16 -2,689.12 -1,695.82 -2,642.47 -1,505.11
ROCE % 9.38% 3.59% 1.02% 1.19% 4.30% 1.76% -4.15% -1.40% -2.07% -3.15% -10.65% -8.78%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44%
35.56% 35.56% 35.56% 35.56% 35.56% 35.56% 35.56% 35.56% 35.56% 35.55% 35.55% 35.56%
No. of Shareholders 4,4604,4794,4404,5574,5284,4904,5644,5844,5664,5854,7144,778

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