Accuracy Shipping Ltd

Accuracy Shipping Ltd

₹ 9.10 1.68%
25 Apr - close price
About

Accuracy Shipping Ltd is involved in providing third party logistics solutions. It offers customized and end-to-end logistics solutions and services including transportation distribution, freight forwarding, clearing and forwarding services, custom house clearance, warehousing and value added services.[1]

Key Points

Service Verticals

  • Market Cap 137 Cr.
  • Current Price 9.10
  • High / Low 18.2 / 7.05
  • Stock P/E
  • Book Value 7.24
  • Dividend Yield 0.27 %
  • ROCE 10.9 %
  • ROE 7.35 %
  • Face Value 1.00

Pros

  • Debtor days have improved from 69.4 to 44.2 days.
  • Company's working capital requirements have reduced from 80.7 days to 58.4 days

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 12.6% over last 3 years.

* 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: Logistics Industry: Miscellaneous

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
107.14 138.87 158.68 187.41 216.30 255.71 244.48 228.69 203.19 199.29 141.53 206.07 185.57
97.65 130.07 145.96 172.77 198.44 255.04 233.85 223.83 194.95 188.75 138.87 203.71 181.15
Operating Profit 9.49 8.80 12.72 14.64 17.86 0.67 10.63 4.86 8.24 10.54 2.66 2.36 4.42
OPM % 8.86% 6.34% 8.02% 7.81% 8.26% 0.26% 4.35% 2.13% 4.06% 5.29% 1.88% 1.15% 2.38%
0.07 0.81 0.16 0.43 0.48 0.81 0.27 0.68 0.28 0.22 0.29 0.66 -0.38
Interest 2.90 -1.51 2.47 1.72 2.27 2.36 2.81 2.99 3.23 2.73 3.02 2.74 2.71
Depreciation 2.16 4.40 2.86 3.03 3.22 3.29 2.49 2.91 3.37 3.57 3.02 3.20 3.31
Profit before tax 4.50 6.72 7.55 10.32 12.85 -4.17 5.60 -0.36 1.92 4.46 -3.09 -2.92 -1.98
Tax % 31.11% 30.65% 28.21% 35.17% 21.32% -2.88% 40.00% 163.89% 69.27% 16.14% -22.01% 25.00% -46.46%
3.10 4.66 5.42 6.69 10.10 -4.29 3.36 0.24 0.59 3.73 -3.76 -2.18 -2.89
EPS in Rs 0.21 0.31 0.36 0.44 0.67 -0.28 0.22 0.02 0.04 0.25 -0.25 -0.14 -0.19
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
161 206 199 332 339 344 365 818 875 732
157 199 189 306 314 316 335 771 841 712
Operating Profit 4 6 10 26 25 28 30 47 35 20
OPM % 2% 3% 5% 8% 7% 8% 8% 6% 4% 3%
0 2 1 1 5 1 1 2 1 1
Interest 1 2 3 4 5 8 6 10 12 11
Depreciation 2 4 5 8 12 16 12 12 12 13
Profit before tax 1 2 3 15 12 5 12 27 12 -4
Tax % 31% 35% 51% 32% 34% 24% 30% 32% 32%
1 2 1 10 8 4 9 18 8 -5
EPS in Rs 1.05 0.53 0.16 1.02 0.53 0.26 0.57 1.19 0.53 -0.33
Dividend Payout % 0% 0% 0% 10% 0% 0% 0% 420% 0%
Compounded Sales Growth
10 Years: %
5 Years: 21%
3 Years: 37%
TTM: -21%
Compounded Profit Growth
10 Years: %
5 Years: -6%
3 Years: 26%
TTM: -5000%
Stock Price CAGR
10 Years: %
5 Years: 2%
3 Years: 15%
1 Year: -39%
Return on Equity
10 Years: %
5 Years: 12%
3 Years: 13%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 1 3 9 10 15 15 15 15 15 15
Reserves 2 3 5 15 54 58 67 84 92 94
10 24 24 50 66 76 89 117 109 99
15 14 22 18 26 27 24 80 70 74
Total Liabilities 28 44 60 93 162 177 195 295 285 281
9 22 19 39 60 50 55 54 74 71
CWIP 0 0 3 5 0 3 0 5 0 0
Investments 0 0 0 0 0 0 0 0 1 1
19 22 38 49 102 123 140 236 211 209
Total Assets 28 44 60 93 162 177 195 295 285 281

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
4 3 2 7 -15 0 16 -15 54
-8 -17 -5 -30 -27 -9 -13 -15 -34
4 14 3 24 43 8 1 27 -20
Net Cash Flow 0 0 0 0 0 -1 4 -3 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 30 28 46 39 91 103 105 59 44
Inventory Days 0 0 53 46
Days Payable 166 58
Cash Conversion Cycle 30 28 46 39 91 103 105 -54 32
Working Capital Days 10 15 11 23 65 91 111 73 58
ROCE % 19% 16% 34% 17% 9% 11% 19% 11%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
63.40% 63.40% 63.40% 63.40% 63.69% 63.69% 63.69% 63.69% 63.69% 63.69% 63.69% 63.69%
0.00% 0.00% 0.00% 0.00% 0.00% 9.80% 15.32% 20.37% 9.30% 5.54% 0.00% 0.03%
12.30% 12.30% 11.80% 11.25% 11.25% 1.37% 1.37% 1.32% 1.32% 1.32% 0.00% 0.00%
24.30% 24.29% 24.80% 25.35% 25.07% 25.15% 19.62% 14.63% 25.70% 29.46% 36.31% 36.29%
No. of Shareholders 1,1672,9462,6653,1084,1233,4994,0656,38411,97515,39629,29847,953

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents