Chowgule Steamships Ltd

Chowgule Steamships Ltd

₹ 29.7 -0.80%
24 Jun - close price
About

Incorporated in 1963, Chowgule Steamships Ltd is engaged in carriage of goods by sea

Key Points

Business Overview:[1]
Company owns and operates one vessel for seaborne transportation of bulk cargo

  • Market Cap 108 Cr.
  • Current Price 29.7
  • High / Low 36.5 / 13.1
  • Stock P/E 31.0
  • Book Value 11.9
  • Dividend Yield 0.00 %
  • ROCE 10.3 %
  • ROE 8.78 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 35.1% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 3.81% over last 3 years.
  • Earnings include an other income of Rs.7.50 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: Shipping Industry: Shipping

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.81 1.07 1.07 1.14
0.39 0.40 0.36 0.55 0.44 0.53 0.55 0.67 0.54 0.47 0.66 0.74 1.21
Operating Profit -0.39 -0.40 -0.36 -0.55 -0.44 -0.53 -0.55 -0.67 -0.54 0.34 0.41 0.33 -0.07
OPM % 41.98% 38.32% 30.84% -6.14%
11.76 1.46 1.11 1.04 -94.99 1.07 1.14 1.28 -0.63 4.80 0.71 1.10 0.89
Interest -1.09 0.12 0.12 0.12 0.12 0.13 0.13 0.13 0.13 0.14 0.13 0.13 0.14
Depreciation 0.15 0.17 0.11 0.14 0.14 0.12 0.13 0.13 0.13 0.11 0.11 0.11 0.11
Profit before tax 12.31 0.77 0.52 0.23 -95.69 0.29 0.33 0.35 -1.43 4.89 0.88 1.19 0.57
Tax % 29.73% 25.97% 25.00% -530.43% -0.02% 3.45% -3.03% -228.57% 0.00% 0.00% 6.82% 0.84% 7.02%
8.65 0.58 0.39 1.45 -95.71 0.28 0.34 1.16 -1.42 4.89 0.81 1.18 0.53
EPS in Rs 2.38 0.16 0.11 0.40 -26.36 0.08 0.09 0.32 -0.39 1.35 0.22 0.32 0.15
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
13.19 16.01 7.42 5.55 0.52 0.12 0.06 0.00 0.00 0.00 0.00 4.09
42.30 18.61 37.91 12.61 4.65 6.87 4.77 2.39 2.60 1.74 2.28 3.08
Operating Profit -29.11 -2.60 -30.49 -7.06 -4.13 -6.75 -4.71 -2.39 -2.60 -1.74 -2.28 1.01
OPM % -220.70% -16.24% -410.92% -127.21% -794.23% -5,625.00% -7,850.00% 11.28% 24.69%
19.25 6.97 14.62 2.82 3.65 3.36 3.89 10.09 18.38 -91.38 2.86 7.50
Interest 0.60 0.95 0.52 0.42 1.35 1.49 0.73 1.91 0.45 0.48 0.52 0.54
Depreciation 3.74 6.80 8.11 4.57 1.78 1.62 1.31 0.73 0.62 0.55 0.50 0.45
Profit before tax -14.20 -3.38 -24.50 -9.23 -3.61 -6.50 -2.86 5.06 14.71 -94.15 -0.44 7.52
Tax % 24.79% 89.05% 16.57% 39.98% 23.27% 38.00% 32.52% 29.84% 30.73% 0.93% 181.82% 1.46%
-10.68 -0.36 -20.44 -5.54 -2.76 -4.03 -1.93 3.56 10.19 -93.28 0.35 7.41
EPS in Rs -2.94 -0.10 -5.63 -1.53 -0.76 -1.11 -0.53 0.98 2.81 -25.69 0.10 2.04
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -13%
5 Years: 133%
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: 10%
5 Years: 35%
3 Years: 81%
TTM: 891%
Stock Price CAGR
10 Years: 5%
5 Years: 40%
3 Years: 56%
1 Year: 112%
Return on Equity
10 Years: -3%
5 Years: 2%
3 Years: 4%
Last Year: 9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 36.31 36.31 36.31 36.31 36.31 36.31 36.31 36.31 36.31 36.31 36.31 36.31
Reserves 113.00 112.02 91.41 86.96 84.51 80.92 78.61 82.18 92.45 -0.83 -0.47 6.93
19.19 17.95 13.91 0.00 0.00 0.00 14.20 17.70 0.00 0.00 0.00 0.00
20.91 15.55 14.46 18.04 17.58 18.52 6.42 9.12 7.53 6.84 7.42 9.43
Total Liabilities 189.41 181.83 156.09 141.31 138.40 135.75 135.54 145.31 136.29 42.32 43.26 52.67
61.02 53.61 40.18 27.66 25.90 21.65 8.98 8.07 7.46 6.92 6.43 5.99
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 77.40 119.62 100.53 100.30 98.10 96.76 96.88 97.73 98.77 6.67 6.88 12.15
50.99 8.60 15.38 13.35 14.40 17.34 29.68 39.51 30.06 28.73 29.95 34.53
Total Assets 189.41 181.83 156.09 141.31 138.40 135.75 135.54 145.31 136.29 42.32 43.26 52.67

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-5.69 2.06 -14.32 -9.33 -4.72 -4.01 -3.16 -0.89 -2.55 -1.38 -1.28 2.21
14.48 1.44 19.17 24.45 4.85 3.53 -10.92 -2.33 1.96 1.42 1.20 -2.08
-16.81 -4.36 -5.23 -12.73 -0.09 -0.09 14.13 3.50 0.00 0.00 0.00 0.00
Net Cash Flow -8.02 -0.86 -0.38 2.39 0.04 -0.57 0.06 0.28 -0.59 0.04 -0.08 0.13

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 74.55 81.66 1.97 0.00 0.00 0.00 59.79
Inventory Days
Days Payable
Cash Conversion Cycle 0.00 74.55 81.66 1.97 0.00 0.00 0.00 59.79
Working Capital Days -484.55 -50.16 -348.77 522.84 6,787.60 33,032.50 92,101.67 1,002.19
ROCE % -12.26% -4.34% -18.85% -6.33% -1.85% -4.21% -1.29% 3.30% 1.02% 2.23% 0.22%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
72.13% 72.13% 72.13% 72.13% 72.06% 72.05% 72.05% 72.05% 71.73% 72.05% 72.05% 72.05%
0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.05% 0.05% 0.05% 0.05% 0.05% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06%
27.81% 27.81% 27.81% 27.81% 27.89% 27.89% 27.89% 27.88% 28.21% 27.90% 27.88% 27.89%
No. of Shareholders 20,63420,58020,70120,72620,72820,63620,55120,42920,25320,11020,05020,085

* 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.

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