Caspian Corporate Services Ltd

Caspian Corporate Services Ltd

₹ 38.8 1.94%
12 Jun - close price
About

Incorporated in 2011, Caspian Corporate
Services Ltd is engaged in the business
of providing manpower supply services[1]

Key Points

Business Overview:[1]
CCSL is a workforce management services provider which offers end-to-end HRO services like customized staffing services, expert talent acquisition, search and recruitment, payroll compliance, training and skill development, managed workforce solutions, etc.

  • Market Cap 49.1 Cr.
  • Current Price 38.8
  • High / Low 120 / 28.8
  • Stock P/E 73.3
  • Book Value 23.5
  • Dividend Yield 1.29 %
  • ROCE 4.23 %
  • ROE 2.28 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 40.5%
  • Company's working capital requirements have reduced from 194 days to 78.4 days

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 13.9% over last 3 years.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 218 days.
  • Promoter holding has decreased over last 3 years: -4.03%

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
0.65 18.80 20.22 26.27 24.44 24.65 23.58 17.93 19.49 24.78 22.92 26.05 28.33
0.50 17.07 18.95 22.25 20.45 19.81 18.72 19.39 30.17 23.70 21.62 25.03 26.72
Operating Profit 0.15 1.73 1.27 4.02 3.99 4.84 4.86 -1.46 -10.68 1.08 1.30 1.02 1.61
OPM % 23.08% 9.20% 6.28% 15.30% 16.33% 19.63% 20.61% -8.14% -54.80% 4.36% 5.67% 3.92% 5.68%
0.08 0.11 0.18 0.14 0.18 0.05 0.04 0.07 9.85 0.05 -0.06 0.07 0.08
Interest 0.00 0.04 0.04 0.65 0.74 0.66 0.54 0.69 0.54 0.50 0.59 0.64 0.68
Depreciation 0.00 0.86 0.44 0.05 0.05 0.10 0.24 0.34 0.44 0.60 0.51 0.42 0.55
Profit before tax 0.23 0.94 0.97 3.46 3.38 4.13 4.12 -2.42 -1.81 0.03 0.14 0.03 0.46
Tax % 39.13% 41.49% 10.31% 39.88% -30.77% 25.42% 25.24% -22.31% -6.08% -66.67% 92.86% 366.67% 86.96%
0.14 0.55 0.87 2.08 4.43 3.09 3.08 -1.87 -1.70 0.05 0.01 -0.08 0.06
EPS in Rs 0.11 0.44 0.69 1.65 3.52 2.45 2.43 -1.47 -1.34 0.04 0.01 -0.06 0.55
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1 2 90 86 102
1 1 78 88 97
Operating Profit 1 1 12 -1 5
OPM % 49% 42% 13% -2% 5%
0 0 0 10 0
Interest 0 0 3 3 2
Depreciation 0 0 0 1 2
Profit before tax 1 1 9 4 1
Tax % 26% 31% 9% 36% 94%
0 0 8 3 0
EPS in Rs 0.54 0.35 6.29 2.04 0.53
Dividend Payout % 0% 48% 3% 24% 94%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 303%
TTM: 18%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 15%
TTM: -74%
Stock Price CAGR
10 Years: -2%
5 Years: 36%
3 Years: -22%
1 Year: -49%
Return on Equity
10 Years: %
5 Years: 12%
3 Years: 14%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 3 4 4 13 13
Reserves 2 15 23 16 17
0 32 38 43 44
0 62 22 12 15
Total Liabilities 5 113 87 84 89
0 0 0 6 6
CWIP 0 0 0 0 0
Investments 0 0 0 0 0
5 113 87 77 83
Total Assets 5 113 87 84 89

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2 -41 -2 -1 4
-2 -0 -2 -1 -2
0 46 3 2 -1
Net Cash Flow 1 5 -1 -0 0
Free Cash Flow 2 -41 -2 -8 2
CFO/OP 374% -6,097% -9% -21% 102%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 113 21,608 259 265 218
Inventory Days
Days Payable
Cash Conversion Cycle 113 21,608 259 265 218
Working Capital Days 111 10,480 242 262 78
ROCE % 2% 21% 10% 4%

Insights

In beta
Mar 2019 Mar 2020 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Permanent Employees (Standalone Roll)
Number of Employees ・Standalone data

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Domain Expertise
Years ・Standalone data
Total Integrated Workforce (Consolidated)
Number of Employees
Trade Receivables Turnover Ratio (Consolidated)
Ratio
Aviation Support Assets - Baggage Towing Tractors (Electric) Addition
Rs. Lakhs
Aviation Support Assets - Electric Buses (JBM) Addition
Rs. Lakhs

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
74.97% 74.97% 74.97% 74.97% 74.97% 72.18% 70.92% 70.92% 70.92% 70.92% 70.92% 70.92%
25.04% 25.04% 25.05% 25.03% 25.03% 27.81% 29.09% 29.08% 29.08% 29.07% 29.09% 29.09%
No. of Shareholders 1,8252,0993,0403,0693,90222,70523,22822,65621,94922,95119,38817,787

Documents