COSCO (India) Ltd

COSCO (India) Ltd

₹ 343 3.57%
13 May - close price
About

Incorporated in 1980, Cosco Ltd manufactures and sells sports balls and trades in health equipment, fitness accessories and other sports goods[1]

Key Points

Business Overview:[1]
Company is a Sports, Fitness, and Lifestyle
brand with a 3 Lac+ sq. ft. production facility
in Gurugram. It also represents many Inter
National Brands in India through a network
of 800+ dealers, associations, International approvals, and National & State Level affiliations

  • Market Cap 143 Cr.
  • Current Price 343
  • High / Low 388 / 148
  • Stock P/E 62.9
  • Book Value 29.4
  • Dividend Yield 0.00 %
  • ROCE 7.55 %
  • ROE 28.0 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 22.5% CAGR over last 5 years

Cons

  • Stock is trading at 11.7 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 4.58% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.6.17 Cr.

* 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: Trading Industry: Trading

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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 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012
39.92 35.62 46.65 52.86 56.81 69.90 80.82
39.21 36.93 46.14 54.78 53.61 66.96 76.58
Operating Profit 0.71 -1.31 0.51 -1.92 3.20 2.94 4.24
OPM % 1.78% -3.68% 1.09% -3.63% 5.63% 4.21% 5.25%
0.45 2.58 2.60 1.34 2.44 0.29 6.17
Interest 1.93 2.77 3.10 3.22 3.28 3.35 2.72
Depreciation 1.50 1.33 1.34 1.55 1.35 1.19 1.14
Profit before tax -2.27 -2.83 -1.33 -5.35 1.01 -1.31 6.55
Tax % -5.73% -5.30% -3.01% 3.55% 65.35% -34.35% -26.11%
-2.40 -2.98 -1.37 -5.16 0.35 -1.76 8.26
EPS in Rs -5.77 -7.16 -3.29 -12.40 0.84 -4.23 19.85
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 18%
3 Years: 15%
TTM: 16%
Compounded Profit Growth
10 Years: %
5 Years: 23%
3 Years: 35%
TTM: 228%
Stock Price CAGR
10 Years: 25%
5 Years: 19%
3 Years: 41%
1 Year: 98%
Return on Equity
10 Years: %
5 Years: -15%
3 Years: 5%
Last Year: 28%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012
Equity Capital 4.16 4.16 4.16 4.16 4.16 4.16 4.16
Reserves 10.75 7.76 6.40 1.24 1.59 -0.17 8.09
25.84 33.83 34.00 37.97 34.57 35.30 35.40
6.34 6.32 8.44 9.14 11.24 12.15 12.46
Total Liabilities 47.09 52.07 53.00 52.51 51.56 51.44 60.11
11.20 11.25 10.16 9.39 8.49 7.74 6.36
CWIP 0.03 0.04 0.36 0.11 0.05 0.01 0.00
Investments 1.68 1.29 1.41 1.29 1.30 0.03 0.03
34.18 39.49 41.07 41.72 41.72 43.66 53.72
Total Assets 47.09 52.07 53.00 52.51 51.56 51.44 60.11

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012
-0.42 -3.37 2.36 -1.73 2.88 2.22 -3.17
-1.07 0.63 -0.59 -0.37 -0.31 -0.39 6.25
1.44 3.02 -2.05 2.28 -2.66 -1.73 -1.06
Net Cash Flow -0.05 0.28 -0.28 0.18 -0.09 0.10 2.02

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012
Debtor Days 49.56 59.84 62.52 49.09 57.57 49.19 47.78
Inventory Days 440.85 538.90 374.15 362.06 294.42 240.57 249.67
Days Payable 75.85 75.11 62.64 56.86 55.12 47.42 44.14
Cash Conversion Cycle 414.56 523.63 374.03 354.30 296.87 242.34 253.31
Working Capital Days 245.22 328.73 250.30 218.27 192.81 150.91 162.13
ROCE % -0.14% 3.92% -4.84% 10.25% 5.10% 7.55%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.98% 74.98% 74.98% 74.98% 74.98% 74.97% 74.97% 74.97% 74.97% 74.97% 74.97% 74.97%
0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
25.01% 25.01% 25.02% 25.02% 25.02% 25.03% 25.02% 25.03% 25.02% 25.03% 25.03% 25.01%
No. of Shareholders 2,5062,7652,8123,3633,4343,3752,9772,8912,8502,9062,8152,619

* 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.

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