Aspinwall & Company Ltd

Aspinwall & Company Ltd

₹ 270 1.54%
19 Apr - close price
About

Incorporated in 1920, Aspinwall & Company Ltd is in diversified business activities including coffee processing and trading, logistics services[1]

Key Points

Services Offered:[1]
a) Shipping Services:[2]
Liner services, Ship agency services, Custom House Agents, Stevedoring services, Bulk cargo services, Air cargo services, Freight forwarding services, Warehousing services, Project & OD
Cargo handling
b) Coffee Trading and Exports:[3]
Processing of Green coffee, Processing of Specialty monsoonal coffee
c) Rubber:[4]
Rubber plantations, Manufacture of Centrifuged Latex & Block rubber
d) Natural Fiber Products (Coir):[5]
Manufacture of Environment Friendly Coir, Jute Furnishings, Home Products and Geo Textiles, Branded door mats - Sparsh

  • Market Cap 211 Cr.
  • Current Price 270
  • High / Low 359 / 200
  • Stock P/E 32.3
  • Book Value 224
  • Dividend Yield 2.22 %
  • ROCE 10.8 %
  • ROE 8.82 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 29.9%
  • Debtor days have improved from 41.6 to 29.2 days.
  • Company's working capital requirements have reduced from 100 days to 76.5 days

Cons

  • The company has delivered a poor sales growth of 0.82% over past five years.
  • Company has a low return on equity of 7.27% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.7.33 Cr.

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
78.11 77.75 53.81 56.47 76.12 73.22 86.99 76.95 65.05 65.53 72.40 59.26 86.09
71.88 73.40 51.94 54.38 67.42 67.26 77.59 71.69 60.78 63.29 71.65 56.60 82.88
Operating Profit 6.23 4.35 1.87 2.09 8.70 5.96 9.40 5.26 4.27 2.24 0.75 2.66 3.21
OPM % 7.98% 5.59% 3.48% 3.70% 11.43% 8.14% 10.81% 6.84% 6.56% 3.42% 1.04% 4.49% 3.73%
1.24 0.96 0.46 1.10 4.02 1.08 17.12 0.80 0.58 2.21 3.10 0.74 1.28
Interest 0.90 0.72 0.85 0.83 1.04 0.05 0.55 0.25 0.50 0.27 0.76 1.24 1.05
Depreciation 0.78 0.81 0.84 0.94 1.01 1.03 1.06 1.11 1.12 1.33 1.16 1.19 1.28
Profit before tax 5.79 3.78 0.64 1.42 10.67 5.96 24.91 4.70 3.23 2.85 1.93 0.97 2.16
Tax % 28.32% 38.10% 46.88% 14.79% 16.03% 20.13% 13.49% 22.55% 42.72% 47.02% 21.24% 8.25% -21.76%
4.15 2.34 0.34 1.21 8.96 4.76 21.55 3.64 1.85 1.51 1.52 0.89 2.63
EPS in Rs 5.31 2.99 0.43 1.55 11.46 6.09 27.56 4.66 2.37 1.93 1.94 1.14 3.36
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
240 208 200 226 239 245 283 276 256 253 260 295 283
218 194 184 215 223 224 255 265 255 241 241 273 274
Operating Profit 23 14 16 11 16 21 27 11 1 12 19 21 9
OPM % 9% 7% 8% 5% 7% 9% 10% 4% 0% 5% 7% 7% 3%
6 6 4 5 4 4 1 8 7 5 7 21 7
Interest 5 6 6 8 5 6 5 7 5 4 3 2 3
Depreciation 5 5 5 2 2 2 3 3 3 3 4 5 5
Profit before tax 18 10 9 6 13 16 21 9 -1 9 19 36 8
Tax % 55% 45% 48% 12% 36% 40% 37% 16% 30% 31% 18% 20%
8 5 5 5 8 10 13 7 -0 6 15 29 7
EPS in Rs 10.40 6.68 6.10 6.38 10.53 12.68 16.51 9.29 -0.54 8.22 19.53 36.52 8.37
Dividend Payout % 24% 34% 33% 28% 24% 24% 21% 32% -465% 43% 31% 16%
Compounded Sales Growth
10 Years: 4%
5 Years: 1%
3 Years: 5%
TTM: -6%
Compounded Profit Growth
10 Years: 12%
5 Years: 0%
3 Years: 230%
TTM: -63%
Stock Price CAGR
10 Years: %
5 Years: 11%
3 Years: 18%
1 Year: 33%
Return on Equity
10 Years: 6%
5 Years: 5%
3 Years: 7%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 8 8 8 8 8 8 8 8 8 8 8 8 8
Reserves 91 94 98 101 107 119 129 132 127 134 146 169 167
40 22 41 37 39 26 69 67 46 34 24 17 61
34 28 38 37 49 59 57 49 55 58 62 52 45
Total Liabilities 173 152 185 183 203 211 263 256 237 233 240 246 281
43 52 51 50 52 52 53 75 75 72 82 81 86
CWIP 0 0 0 0 6 12 18 0 0 2 1 1 2
Investments 17 7 10 2 3 3 3 3 1 1 2 2 1
113 92 124 131 143 144 189 178 161 158 155 161 192
Total Assets 173 152 185 183 203 211 263 256 237 233 240 246 281

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-2 29 -17 6 13 24 -30 17 31 20 16 35
-4 -2 1 8 -3 -7 -6 -3 0 -1 3 9
6 -25 13 -14 -8 -18 35 -13 -31 -18 -17 -13
Net Cash Flow -1 2 -2 -0 2 -1 -1 1 1 1 2 31

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 31 27 31 43 46 40 44 44 59 57 39 29
Inventory Days 230 139 294 210 220 264 415 291 240 293 393 280
Days Payable 61 42 62 45 73 20 35 26 49 66 68 49
Cash Conversion Cycle 199 124 263 208 193 283 424 310 250 284 364 260
Working Capital Days 110 98 125 137 128 107 146 144 115 114 110 76
ROCE % 17% 11% 11% 8% 10% 16% 16% 8% 2% 8% 10% 11%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
64.46% 64.46% 64.46% 64.46% 64.46% 64.46% 64.46% 64.46% 64.46% 64.46% 64.46% 64.46%
0.00% 0.00% 0.00% 0.00% 0.00% 0.13% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 2.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
35.55% 33.21% 35.53% 35.52% 35.54% 35.41% 35.54% 35.55% 35.54% 35.54% 35.54% 35.54%
No. of Shareholders 2,7064,3764,4704,5364,3454,2334,2624,2244,3594,5454,6154,971

* 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.

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