Seacoast Shipping Services Ltd
Seacoast Shipping Services Limited is providing single window logistics services to exporters and importers. Seacoast started as a freight forwarders and shipping agents in the year 2005. Today we have grown into a one of the largest freight forwarders in Gujarat. We are among the top 3 freight forwarders handling Agri export commodities exports in containers from Mundra port.
- Market Cap ₹ 121 Cr.
- Current Price ₹ 3.60
- High / Low ₹ 6.18 / 2.05
- Stock P/E 6.09
- Book Value ₹ 1.84
- Dividend Yield 0.00 %
- ROCE 38.4 %
- ROE 36.1 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 266% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.7%
- Debtor days have improved from 274 to 128 days.
- Company's working capital requirements have reduced from 125 days to 76.7 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -8.33%
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | 2 | 1 | 0 | 1 | 243 | 128 | 430 | |
0 | 0 | 0 | 2 | 1 | 0 | 1 | 227 | 121 | 399 | |
Operating Profit | -0 | 0 | -0 | -0 | 0 | -0 | -0 | 16 | 7 | 31 |
OPM % | -50% | 0% | -6% | -6% | 2% | -44% | -10% | 6% | 5% | 7% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 5 | 21 |
Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 40% | 25% | 44% | 31% |
Net Profit | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 | 3 | 14 |
EPS in Rs | 0.01 | 0.33 | 0.08 | 0.42 | ||||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 15% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 214% |
3 Years: | 838% |
TTM: | 236% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 266% |
3 Years: | 771% |
TTM: | 677% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 39% |
1 Year: | -35% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 27% |
Last Year: | 36% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 2 | 2 | 2 | 2 | 2 | 34 | 34 | 34 | |
Reserves | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 11 | 14 | 28 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 21 | 23 | 28 | |
0 | 0 | 1 | 0 | 0 | 0 | 0 | 83 | 177 | 62 | |
Total Liabilities | 0 | 0 | 5 | 4 | 4 | 4 | 4 | 149 | 248 | 152 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
0 | 0 | 5 | 4 | 4 | 4 | 4 | 149 | 248 | 152 | |
Total Assets | 0 | 0 | 5 | 4 | 4 | 4 | 4 | 149 | 248 | 152 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
0 | -0 | -1 | -0 | -0 | 0 | 0 | -50 | -0 | -6 | |
-0 | 0 | -2 | -0 | 0 | 0 | 0 | -0 | 0 | -0 | |
0 | 0 | 3 | 0 | 0 | -0 | -0 | 50 | -0 | 6 | |
Net Cash Flow | -0 | 0 | -0 | 0 | -0 | 0 | 0 | 0 | -0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 548 | 0 | 408 | 63 | 269 | 419 | 449 | 140 | 556 | 128 |
Inventory Days | 0 | 1,095 | 2,080 | 281 | 135 | 499 | 0 | 0 | 0 | 0 |
Days Payable | 0 | 0 | 27 | 0 | 316 | |||||
Cash Conversion Cycle | 548 | 1,095 | 2,488 | 317 | 404 | 602 | 449 | 140 | 556 | 128 |
Working Capital Days | 182 | 1,034 | 805 | 259 | 388 | 4,664 | 2,358 | 98 | 200 | 77 |
ROCE % | 3% | 1% | 1% | 1% | 0% | 1% | 46% | 10% | 38% |
Documents
Announcements
- Board Meeting Outcome for Revised Outcome - Board Meeting Held On 26.05.2023 1 Jun
- Board Meeting Outcome for Outcome Of Board Meeting 26 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
23 May - Secretarial Compliance Report as per the Regulation 24(A) of SEBI (LODR) Regulation, 2015 for the Period ended as on 31st March, 2023 received from the …
- Submission Of Revised Result_21.04.2023 23 May
- Board Meeting Intimation for To Be Held On Friday I.E. 26.05.2023 19 May
Leading Cargo Transporter[1] Seacoast shipping services is one of the largest freight forwarders in Gujarat and it is among the top 3 freight forwarders handling Agri export commodities exports in containers from Mundra port