Concord Control Systems Ltd
Incorporated in 2011, Concord Control Systems Ltd is in the business of Electrical Machinery for Indian Railways and allied products[1]
- Market Cap ₹ 429 Cr.
- Current Price ₹ 717
- High / Low ₹ 1,000 / 249
- Stock P/E 46.2
- Book Value ₹ 47.7
- Dividend Yield 0.00 %
- ROCE 42.9 %
- ROE 38.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.4%
- Debtor days have improved from 85.8 to 66.7 days.
Cons
- Stock is trading at 15.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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: Capital Goods - Electrical Equipment Industry: Electric Equipment
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|
15.88 | 17.53 | 31.70 | 49.28 | 53.52 | |
14.20 | 15.33 | 27.80 | 41.60 | 40.84 | |
Operating Profit | 1.68 | 2.20 | 3.90 | 7.68 | 12.68 |
OPM % | 10.58% | 12.55% | 12.30% | 15.58% | 23.69% |
0.02 | 0.08 | 0.04 | 0.27 | 0.60 | |
Interest | 0.11 | 0.19 | 0.11 | 0.06 | 0.08 |
Depreciation | 0.13 | 0.22 | 0.37 | 0.51 | 0.47 |
Profit before tax | 1.46 | 1.87 | 3.46 | 7.38 | 12.73 |
Tax % | 28.08% | 23.53% | 23.70% | 26.15% | |
1.05 | 1.43 | 2.64 | 5.45 | 9.28 | |
EPS in Rs | 52.50 | 71.50 | 132.00 | 9.54 | 16.24 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 46% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 73% |
TTM: | 157% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 152% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 38% |
Last Year: | 38% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 0.20 | 0.20 | 0.20 | 5.71 | 5.71 |
Reserves | 3.30 | 4.75 | 7.27 | 15.52 | 21.53 |
2.21 | 3.23 | 3.16 | 2.81 | 1.90 | |
2.67 | 4.33 | 4.13 | 5.72 | 6.10 | |
Total Liabilities | 8.38 | 12.51 | 14.76 | 29.76 | 35.24 |
1.28 | 1.43 | 2.10 | 2.08 | 1.95 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.35 | 1.55 | 4.44 |
7.10 | 11.08 | 12.31 | 26.13 | 28.85 | |
Total Assets | 8.38 | 12.51 | 14.76 | 29.76 | 35.24 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
0.65 | 0.49 | 1.59 | -1.99 | |
-0.78 | -0.47 | -1.38 | -1.49 | |
0.16 | 0.02 | -0.19 | 7.76 | |
Net Cash Flow | 0.04 | 0.03 | 0.02 | 4.28 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 89.18 | 156.58 | 34.08 | 66.66 |
Inventory Days | 67.42 | 71.13 | 94.57 | 32.03 |
Days Payable | 73.58 | 107.53 | 46.19 | 28.51 |
Cash Conversion Cycle | 83.02 | 120.18 | 82.46 | 70.18 |
Working Capital Days | 93.55 | 132.42 | 79.33 | 97.32 |
ROCE % | 29.64% | 37.94% | 42.92% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Acquisition
2d - Held today on Sunday, May 05, 2024, considered and approved the further investment of upto Rs. 5.50 Crores in its Subsidiary Company Advanced Rail Controls …
-
Announcement under Regulation 30 (LODR)-Acquisition
2 May - The Board of Concord Control Systems Limited (the Company) at their meeting held on 02 May, 2024 have approved the investment to acquire 66.66% Equity …
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr
- Submission Of Voting Results Pertaining To 1St Extra-Ordinary General Meeting ('EGM') Of FY 2024-25 Of Concord Control Systems Limited Held On Monday, April 29, 2024. Pursuant To Regulation 44 (3) Of The SEBI ('SEBI') (LODR) Regulations, 2015 ('Listing Regulations'). 30 Apr
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 30 Apr
Business Overview:[1]
CCSL is an ISO: 9001:2015 certified organization by TUV- SUD South Asia Pvt. Ltd. It is an OEM for Indian Railway and is a Research, Designs, and Standards Organization (RDSO) approved source for manufacturing and supply of several electronics, electricals, mechanical and electro mechanical products