Starlog Enterprises Ltd

Starlog Enterprises Ltd

₹ 50.0 2.77%
10 Oct 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 59.8 Cr.
  • Current Price 50.0
  • High / Low 63.2 / 27.0
  • Stock P/E
  • Book Value 28.8
  • Dividend Yield 0.00 %
  • ROCE 1.79 %
  • ROE -25.0 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -37.0% over past five years.
  • Contingent liabilities of Rs.184 Cr.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.12.6 Cr.
  • Company has high debtors of 961 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
46.45 44.54 44.08 43.65 37.75 3.35 3.40 2.37 3.47 3.24 2.40 3.33 2.58
39.32 37.13 39.51 40.66 35.67 4.95 5.62 2.20 3.63 3.20 2.66 9.71 1.88
Operating Profit 7.13 7.41 4.57 2.99 2.08 -1.60 -2.22 0.17 -0.16 0.04 -0.26 -6.38 0.70
OPM % 15.35% 16.64% 10.37% 6.85% 5.51% -47.76% -65.29% 7.17% -4.61% 1.23% -10.83% -191.59% 27.13%
7.58 0.93 4.35 3.56 7.79 84.58 10.23 10.20 0.61 0.84 -0.17 11.65 0.28
Interest 15.12 15.39 15.76 15.41 12.43 1.10 1.20 1.53 1.48 1.49 1.14 0.80 0.15
Depreciation 6.68 6.76 6.59 6.24 5.15 1.29 1.13 0.87 1.19 1.03 1.08 0.65 0.65
Profit before tax -7.09 -13.81 -13.43 -15.10 -7.71 80.59 5.68 7.97 -2.22 -1.64 -2.65 3.82 0.18
Tax % 0.28% 0.14% 0.00% 2.12% 0.39% 0.00% 0.00% 5.77% 0.00% 0.00% 0.00% 0.00% 0.00%
-7.11 -13.82 -13.43 -15.41 -7.74 80.59 5.68 7.51 -2.22 -1.64 -2.64 3.81 0.19
EPS in Rs -3.60 -9.19 -11.22 -11.22 -4.94 67.34 4.69 6.43 -1.75 -1.35 -2.16 3.18 0.16
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
168.37 109.01 105.72 109.84 97.93 373.16 125.70 191.92 170.95 178.77 46.87 12.45 11.55
122.16 69.90 77.44 78.76 74.68 380.53 124.19 164.25 141.91 153.92 44.36 18.19 17.45
Operating Profit 46.21 39.11 28.28 31.08 23.25 -7.37 1.51 27.67 29.04 24.85 2.51 -5.74 -5.90
OPM % 27.45% 35.88% 26.75% 28.30% 23.74% -1.98% 1.20% 14.42% 16.99% 13.90% 5.36% -46.10% -51.08%
6.75 -7.76 16.07 14.61 1.93 26.05 10.62 16.06 13.59 16.37 110.76 12.95 12.60
Interest 61.50 59.73 38.22 56.54 50.36 45.98 58.79 69.55 64.68 64.26 18.30 5.95 3.58
Depreciation 69.46 60.20 42.96 44.54 34.24 29.48 32.28 30.86 29.38 26.27 8.45 3.95 3.41
Profit before tax -78.00 -88.58 -36.83 -55.39 -59.42 -56.78 -78.94 -56.68 -51.43 -49.31 86.52 -2.69 -0.29
Tax % -11.22% -10.50% -15.69% 10.56% -11.85% -0.04% 0.03% 0.32% 0.04% 0.71% 0.57% 0.00%
-69.24 -79.29 -31.05 -61.24 -70.50 -72.45 -78.96 -56.87 -51.45 -49.66 86.03 -2.69 -0.28
EPS in Rs -50.67 -52.09 -24.87 -49.98 -48.46 -42.61 -45.80 -34.52 -36.22 -32.56 72.05 -1.96 -0.17
Dividend Payout % -5.72% -2.88% 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: -20%
5 Years: -37%
3 Years: -58%
TTM: -8%
Compounded Profit Growth
10 Years: 7%
5 Years: 14%
3 Years: 24%
TTM: -104%
Stock Price CAGR
10 Years: -4%
5 Years: 28%
3 Years: 67%
1 Year: 54%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -25%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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
Reserves 272.58 233.08 249.04 181.95 109.47 57.90 3.31 -37.88 -81.19 -122.22 -20.96 22.50
598.63 549.80 494.49 499.69 341.81 412.73 633.40 609.42 702.48 707.18 178.86 11.65
240.36 305.38 206.10 278.17 229.09 455.98 265.80 306.27 176.69 157.16 179.18 88.77
Total Liabilities 1,123.54 1,100.23 961.60 971.78 692.34 938.58 914.48 889.78 809.95 754.09 349.05 134.89
636.54 463.35 357.06 490.58 407.01 345.73 667.41 622.53 588.67 553.65 222.24 34.31
CWIP 104.60 298.46 336.83 238.87 36.39 346.76 0.00 0.00 0.00 0.00 0.00 0.00
Investments 12.11 12.11 12.13 12.11 77.45 63.90 63.90 63.90 63.90 63.90 12.12 12.12
370.29 326.31 255.58 230.22 171.49 182.19 183.17 203.35 157.38 136.54 114.69 88.46
Total Assets 1,123.54 1,100.23 961.60 971.78 692.34 938.58 914.48 889.78 809.95 754.09 349.05 134.89

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
49.44 103.12 40.54 62.02 32.72 16.46 9.96 72.67 49.48 37.03 -37.01 2.98
-172.17 -72.68 6.82 -44.30 -11.69 -65.41 -195.94 20.40 9.39 12.57 411.97 -2.57
36.25 -10.21 -53.02 -38.97 -24.37 53.18 184.25 -85.98 -59.04 -58.44 -368.28 -10.38
Net Cash Flow -86.48 20.23 -5.65 -21.25 -3.35 4.22 -1.73 7.09 -0.17 -8.84 6.67 -9.97

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 151.92 199.79 185.50 197.85 197.76 56.93 163.19 108.40 86.99 80.40 278.87 961.31
Inventory Days
Days Payable
Cash Conversion Cycle 151.92 199.79 185.50 197.85 197.76 56.93 163.19 108.40 86.99 80.40 278.87 961.31
Working Capital Days -145.68 -309.95 -461.08 -605.62 -636.49 -357.77 -604.96 -508.78 -277.18 -300.83 -430.73 -211.96
ROCE % -1.69% -1.76% -1.14% -1.27% -1.37% -6.33% -3.32% 1.20% 2.13% 1.48% 1.76% 1.79%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 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% 35.55% 35.55% 35.56% 35.55%
No. of Shareholders 4,4794,4404,5574,5284,4904,5644,5844,5664,5854,7144,7784,801

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