Expo Gas Containers Ltd

Expo Gas Containers Ltd

₹ 36.0 1.98%
24 Apr 12:30 p.m.
About

Established in 1982, Expo Gas Containers Ltd y is engaged in the manufacturing of Pressure Vessels, Columns & Towers, etc, and is also involved in site engineering projects. The registered office of the company is in Mumbai.[1]

Key Points

Product Portfolio:[1]
a) Process Plant Equipment: High Pressure Vessels, High Pressure Heat Exchanger, Reactors, Distillation/Fractional Columns/Towers, Custom built fabrication as per specifications of Engineering Consultants world-wide, Structural Fabrication, etc.
b) Site Construction Projects: Mounded type Storage Vessels, Horton Spheres, Fixed & Floating Cone/Dome Roof Tanks, In-plant/Cross Country Pipelines, Structures, etc.
c) Maintenance–Shut Down/Revamp: Heat Exchangers, Columns, Installation of Column trays & Internals, Piping–Inside Battery Limit, etc.

  • Market Cap 68.5 Cr.
  • Current Price 36.0
  • High / Low 36.0 / 10.0
  • Stock P/E
  • Book Value 11.0
  • Dividend Yield 0.00 %
  • ROCE 9.71 %
  • ROE 7.59 %
  • Face Value 4.00

Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 69.0 to 29.3 days.

Cons

  • Stock is trading at 3.20 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -10.5%
  • Company has a low return on equity of -0.30% over last 3 years.

* 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: Packaging Industry: Packaging

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

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
14.87 14.26 14.65 21.03 21.60 15.36 15.19 16.03 17.94 31.05 18.55 15.96 14.96
13.18 13.46 13.59 20.08 19.73 14.04 13.53 14.58 16.29 33.23 17.05 14.61 13.36
Operating Profit 1.69 0.80 1.06 0.95 1.87 1.32 1.66 1.45 1.65 -2.18 1.50 1.35 1.60
OPM % 11.37% 5.61% 7.24% 4.52% 8.66% 8.59% 10.93% 9.05% 9.20% -7.02% 8.09% 8.46% 10.70%
0.00 0.13 0.00 0.42 0.00 0.03 0.00 0.02 0.00 0.11 0.00 0.00 0.00
Interest 1.19 1.02 0.67 0.88 1.32 1.12 1.25 1.04 1.26 1.00 1.03 0.97 1.19
Depreciation 0.15 0.10 0.13 0.13 0.13 0.15 0.13 0.13 0.13 0.09 0.12 0.12 0.12
Profit before tax 0.35 -0.19 0.26 0.36 0.42 0.08 0.28 0.30 0.26 -3.16 0.35 0.26 0.29
Tax % 0.00% -1,589.47% 0.00% 0.00% 0.00% 662.50% 0.00% 0.00% 0.00% 3.16% 0.00% 0.00% 0.00%
0.35 -3.21 0.26 0.36 0.43 -0.45 0.28 0.30 0.26 -3.05 0.35 0.27 0.29
EPS in Rs 0.18 -1.69 0.14 0.19 0.23 -0.24 0.15 0.16 0.14 -1.60 0.18 0.14 0.15
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
32.28 35.11 45.43 60.28 44.50 36.15 50.03 60.06 49.12 48.17 72.64 80.22 80.52
26.55 30.37 38.12 52.47 40.79 31.48 44.27 54.22 44.86 43.11 67.44 73.81 78.25
Operating Profit 5.73 4.74 7.31 7.81 3.71 4.67 5.76 5.84 4.26 5.06 5.20 6.41 2.27
OPM % 17.75% 13.50% 16.09% 12.96% 8.34% 12.92% 11.51% 9.72% 8.67% 10.50% 7.16% 7.99% 2.82%
0.05 0.16 0.10 0.12 3.06 1.07 0.12 0.04 1.44 0.14 0.46 -3.70 0.11
Interest 3.59 2.77 4.55 4.40 4.99 4.28 4.18 3.99 4.42 4.04 4.00 4.56 4.19
Depreciation 0.78 0.78 0.78 0.74 0.62 0.64 0.65 0.64 0.61 0.56 0.53 0.46 0.45
Profit before tax 1.41 1.35 2.08 2.79 1.16 0.82 1.05 1.25 0.67 0.60 1.13 -2.31 -2.26
Tax % -24.11% 34.81% 39.42% 31.18% 50.86% 86.59% 91.43% 20.00% 47.76% 503.33% 46.90% 4.33%
1.76 0.88 1.27 1.93 0.56 0.11 0.09 1.00 0.36 -2.42 0.60 -2.21 -2.14
EPS in Rs 1.43 0.72 0.67 1.01 0.29 0.06 0.05 0.53 0.19 -1.27 0.32 -1.16 -1.13
Dividend Payout % 0.00% 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: 9%
5 Years: 10%
3 Years: 18%
TTM: 25%
Compounded Profit Growth
10 Years: 6%
5 Years: 78%
3 Years: 65%
TTM: -649%
Stock Price CAGR
10 Years: 19%
5 Years: 46%
3 Years: 79%
1 Year: 195%
Return on Equity
10 Years: 2%
5 Years: 1%
3 Years: 0%
Last Year: 8%

Balance Sheet

Figures in Rs. Crores

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 7.61 7.61 7.61 7.61 7.61 7.61 7.61 7.61 7.61 7.61 7.61 7.61 7.61
Reserves 6.01 6.88 12.54 14.46 15.03 15.13 15.22 16.23 16.58 14.17 14.72 12.73 13.35
24.52 23.46 22.16 23.02 26.27 26.86 29.63 32.34 38.00 40.45 41.08 41.42 37.54
8.74 7.55 6.23 9.21 10.69 9.56 12.59 10.16 14.36 12.82 17.07 18.25 17.02
Total Liabilities 46.88 45.50 48.54 54.30 59.60 59.16 65.05 66.34 76.55 75.05 80.48 80.01 75.52
9.24 8.55 7.78 7.17 7.13 6.50 5.98 5.35 4.98 4.43 3.93 3.51 3.34
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
37.64 36.95 40.76 47.13 52.47 52.66 59.07 60.99 71.57 70.62 76.55 76.50 72.18
Total Assets 46.88 45.50 48.54 54.30 59.60 59.16 65.05 66.34 76.55 75.05 80.48 80.01 75.52

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-3.90 1.13 -2.74 -0.19 -1.31 -2.19 -0.91 -4.85 -5.74 -2.41 -0.58 0.20
-0.48 -0.09 0.13 -0.13 -0.58 -0.01 -0.13 0.00 -0.24 -0.01 -0.03 -0.04
4.49 -1.06 3.08 0.87 3.25 0.60 2.76 2.70 5.66 2.44 0.64 0.34
Net Cash Flow 0.11 -0.02 0.47 0.56 1.35 -1.60 1.72 -2.15 -0.32 0.03 0.02 0.50

Ratios

Figures in Rs. Crores

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 135.24 119.34 101.07 93.91 122.79 161.15 129.35 122.27 139.10 108.81 69.04 29.30
Inventory Days 659.09 537.31 578.94 2,167.51 1,218.09 1,153.23 472.06 427.58 525.34 488.26 628.20 681.21
Days Payable 296.51 201.03 133.99 690.13 365.48 290.70 146.81 89.67 196.80 80.07 166.45 131.86
Cash Conversion Cycle 497.82 455.63 546.02 1,571.30 975.40 1,023.67 454.60 460.18 467.64 517.00 530.79 578.65
Working Capital Days 253.85 241.29 226.81 190.07 280.93 377.22 285.92 276.64 394.87 379.25 256.41 247.88
ROCE % 16.41% 10.83% 16.52% 16.45% 13.09% 10.35% 10.25% 9.65% 8.60% 7.46% 8.17% 9.71%

Shareholding Pattern

Numbers in percentages

7 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Apr 2024
67.41% 67.41% 67.41% 67.41% 67.41% 67.41% 67.41% 67.41% 67.41% 67.41% 67.41% 56.95%
32.59% 32.59% 32.59% 32.59% 32.59% 32.59% 32.59% 32.58% 32.59% 32.60% 32.60% 43.05%
No. of Shareholders 8,1808,2608,5388,6298,9889,1289,0678,9749,2089,0588,8958,882

Documents