Accuracy Shipping Ltd
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]
- Market Cap ₹ 137 Cr.
- Current Price ₹ 9.10
- High / Low ₹ 18.2 / 7.05
- Stock P/E
- Book Value ₹ 7.30
- Dividend Yield 0.27 %
- ROCE 11.0 %
- ROE 7.59 %
- Face Value ₹ 1.00
Pros
- Debtor days have improved from 68.9 to 44.4 days.
- Company's working capital requirements have reduced from 79.6 days to 58.9 days
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 12.8% 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|
339 | 348 | 375 | 824 | 877 | 715 | |
314 | 320 | 345 | 776 | 842 | 693 | |
Operating Profit | 25 | 28 | 30 | 48 | 35 | 22 |
OPM % | 7% | 8% | 8% | 6% | 4% | 3% |
5 | 1 | 1 | 2 | 1 | 0 | |
Interest | 5 | 8 | 6 | 10 | 12 | 11 |
Depreciation | 12 | 16 | 12 | 13 | 12 | 13 |
Profit before tax | 12 | 5 | 13 | 27 | 12 | -1 |
Tax % | 34% | 24% | 29% | 32% | 32% | |
8 | 4 | 9 | 18 | 8 | -3 | |
EPS in Rs | 0.54 | 0.27 | 0.59 | 1.20 | 0.55 | -0.20 |
Dividend Payout % | 0% | 0% | 0% | 416% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 36% |
TTM: | -25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 24% |
TTM: | -30% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 15% |
1 Year: | -39% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 13% |
Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|
Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 |
Reserves | 54 | 58 | 67 | 85 | 92 | 95 |
67 | 78 | 90 | 117 | 109 | 99 | |
28 | 29 | 27 | 83 | 70 | 74 | |
Total Liabilities | 164 | 180 | 199 | 300 | 286 | 283 |
60 | 51 | 55 | 56 | 74 | 71 | |
CWIP | 0 | 3 | 0 | 5 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 |
104 | 126 | 144 | 240 | 212 | 211 | |
Total Assets | 164 | 180 | 199 | 300 | 286 | 283 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
0 | 0 | 17 | -19 | 46 | |
0 | -9 | -13 | -11 | -25 | |
0 | 8 | 1 | 27 | -21 | |
Net Cash Flow | 0 | -1 | 4 | -3 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Debtor Days | 91 | 102 | 103 | 60 | 44 |
Inventory Days | 55 | 46 | |||
Days Payable | 158 | 58 | |||
Cash Conversion Cycle | 91 | 102 | 103 | -43 | 33 |
Working Capital Days | 65 | 90 | 108 | 72 | 59 |
ROCE % | 9% | 12% | 19% | 11% |
Service Verticals