Caspian Corporate Services Ltd

Caspian Corporate Services Ltd

₹ 37.6 -1.03%
22 May - 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 47.6 Cr.
  • Current Price 37.6
  • High / Low 120 / 28.8
  • Stock P/E
  • Book Value 32.2
  • Dividend Yield 1.33 %
  • ROCE 10.2 %
  • ROE 9.22 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.17 times its book value
  • Company has been maintaining a healthy dividend payout of 25.0%

Cons

  • Company has low interest coverage ratio.
  • Earnings include an other income of Rs.9.91 Cr.
  • Company has high debtors of 265 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

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
0.21 0.65 18.80 20.22 26.27 24.44 24.65 23.58 17.93 19.49 24.78 22.92 26.05
0.05 0.50 17.07 18.95 22.25 20.45 19.81 18.72 19.39 30.17 23.70 21.62 25.03
Operating Profit 0.16 0.15 1.73 1.27 4.02 3.99 4.84 4.86 -1.46 -10.68 1.08 1.30 1.02
OPM % 76.19% 23.08% 9.20% 6.28% 15.30% 16.33% 19.63% 20.61% -8.14% -54.80% 4.36% 5.67% 3.92%
0.11 0.08 0.11 0.18 0.14 0.18 0.05 0.04 0.07 9.85 0.05 -0.06 0.07
Interest 0.00 0.00 0.04 0.04 0.65 0.74 0.66 0.54 0.69 0.54 0.50 0.59 0.64
Depreciation 0.00 0.00 0.86 0.44 0.05 0.05 0.10 0.24 0.34 0.44 0.60 0.51 0.42
Profit before tax 0.27 0.23 0.94 0.97 3.46 3.38 4.13 4.12 -2.42 -1.81 0.03 0.14 0.03
Tax % 25.93% 39.13% 41.49% 10.31% 39.88% -30.77% 25.42% 25.24% -22.31% -6.08% -66.67% 92.86% 366.67%
0.20 0.14 0.55 0.87 2.08 4.43 3.09 3.08 -1.87 -1.70 0.05 0.01 -0.08
EPS in Rs 0.22 0.11 0.44 0.69 1.65 3.52 2.45 2.43 -1.47 -1.34 0.04 0.01 -0.06
Raw PDF
Upcoming result date: 27 May 2026

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
1.42 1.56 90.21 86.16 93.24
0.73 0.91 78.09 87.56 100.52
Operating Profit 0.69 0.65 12.12 -1.40 -7.28
OPM % 48.59% 41.67% 13.44% -1.62% -7.81%
0.00 0.00 0.12 9.51 9.91
Interest 0.00 0.01 3.31 2.97 2.27
Depreciation 0.00 0.00 0.18 1.11 1.97
Profit before tax 0.69 0.64 8.75 4.03 -1.61
Tax % 26.09% 31.25% 9.49% 35.73%
0.50 0.44 7.93 2.59 -1.72
EPS in Rs 0.54 0.35 6.29 2.04 -1.35
Dividend Payout % 0.00% 47.95% 2.66% 24.44%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 293%
TTM: 3%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 73%
TTM: -120%
Stock Price CAGR
10 Years: -2%
5 Years: 32%
3 Years: -23%
1 Year: -57%
Return on Equity
10 Years: %
5 Years: %
3 Years: 17%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 3.11 4.22 4.22 12.66 12.66
Reserves 1.54 15.14 22.89 16.41 28.14
0.00 32.38 38.13 42.98 45.66
0.10 61.57 21.60 11.57 10.60
Total Liabilities 4.75 113.31 86.84 83.62 97.06
0.00 0.42 0.30 5.86 5.28
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.20 0.03 0.27 12.31
4.75 112.69 86.51 77.49 79.47
Total Assets 4.75 113.31 86.84 83.62 97.06

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
2.48 -40.70 -1.95 -1.14
-1.82 -0.36 -1.73 -0.76
0.00 45.70 2.85 1.80
Net Cash Flow 0.66 4.63 -0.82 -0.11
Free Cash Flow 2.48 -41.12 -2.01 -7.81
CFO/OP 374% -6,097% -9% -21%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 113.10 21,607.53 258.95 265.07
Inventory Days
Days Payable
Cash Conversion Cycle 113.10 21,607.53 258.95 265.07
Working Capital Days 110.53 10,479.71 242.04 262.48
ROCE % 2.30% 20.61% 10.20%

Insights

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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