Seacoast Shipping Services Ltd
Incorporated in 2005, Seacoast Shipping provides logistics services to exporters and importers[1]
- Market Cap ₹ 145 Cr.
- Current Price ₹ 2.70
- High / Low ₹ 8.48 / 2.41
- Stock P/E 7.22
- Book Value ₹ 2.29
- Dividend Yield 0.00 %
- ROCE 38.4 %
- ROE 36.1 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 1.17 times its book value
- 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: -16.7%
- Promoter holding is low: 27.8%
* 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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | 2 | 1 | 0 | 1 | 243 | 128 | 430 | 448 | |
0 | 0 | 0 | 2 | 1 | 0 | 1 | 227 | 121 | 399 | 417 | |
Operating Profit | -0 | 0 | -0 | -0 | 0 | -0 | -0 | 16 | 7 | 31 | 31 |
OPM % | -50% | 0% | -6% | -6% | 2% | -44% | -10% | 6% | 5% | 7% | 7% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8 | 0 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 5 | 21 | 29 |
Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 40% | 25% | 44% | 31% | |
-0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 | 3 | 14 | 20 | |
EPS in Rs | 0.01 | 0.21 | 0.05 | 0.27 | 0.37 | ||||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 15% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 214% |
3 Years: | 838% |
TTM: | 68% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 266% |
3 Years: | 771% |
TTM: | 55% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -39% |
1 Year: | -65% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 34 | 34 | 34 | 54 |
Reserves | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 11 | 14 | 28 | 69 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 21 | 23 | 28 | 25 | |
0 | 0 | 1 | 0 | 0 | 0 | 0 | 83 | 177 | 62 | 48 | |
Total Liabilities | 0 | 0 | 5 | 4 | 4 | 4 | 4 | 149 | 248 | 153 | 196 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
0 | 0 | 5 | 4 | 4 | 4 | 4 | 149 | 248 | 153 | 196 | |
Total Assets | 0 | 0 | 5 | 4 | 4 | 4 | 4 | 149 | 248 | 153 | 196 |
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 | -4 | |
-0 | 0 | -2 | -0 | 0 | 0 | 0 | -0 | 0 | -0 | |
0 | 0 | 3 | 0 | 0 | -0 | -0 | 50 | -0 | 4 | |
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 | ||
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
- Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 18 Nov
- Board Meeting Outcome for Outcome Of Board Meeting 8 Nov
- Outcome Of Board Meeting 8 Nov
-
Update on board meeting
8 Nov - With reference to the intimation dated November 2, 2023, regarding Board Meeting to be held on Wednesday, November 8, 2023 at 11 A.M. , we …
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 4 Nov
Business Overview[1]
SSSL is one of the largest freight forwarders
in Gujarat and is among top 3 freight forwarders handling Agri export commodities exports in containers from Mundra port
Company ships over 5 MT of bulk and unitized goods annually. It focuses on dry bulk logistics, container freight forwarding, and inland road logistics