Chamanlal Setia Exports Ltd
Chaman Lal Setia Exports Limited (CLSE) was incorporated in Amritsar, Punjab in 1994 by Mr. Chaman Lal Setia and his sons. [1] It’s one of the oldest Rice Millers cum Exporters of Basmati rice of all varieties from India. [2]
The company is engaged in the business of milling and processing basmati rice. The company has been involved in export operations since 1982 and was recognized as an export house by the Ministry of Commerce in 1989, at present the company is a ‘Star Export House’. [1]
- Market Cap ₹ 952 Cr.
- Current Price ₹ 184
- High / Low ₹ 203 / 83.6
- Stock P/E 8.09
- Book Value ₹ 118
- Dividend Yield 0.00 %
- ROCE 26.2 %
- ROE 23.1 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 23.5% CAGR over last 5 years
- Debtor days have improved from 53.1 to 40.5 days.
Cons
* 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: FMCG Industry: Food - Processing - Indian
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
217 | 272 | 416 | 508 | 483 | 493 | 747 | 765 | 798 | 851 | 932 | 1,387 | |
200 | 248 | 383 | 471 | 424 | 429 | 677 | 702 | 719 | 734 | 837 | 1,228 | |
Operating Profit | 17 | 24 | 32 | 37 | 59 | 65 | 70 | 63 | 79 | 118 | 95 | 159 |
OPM % | 8% | 9% | 8% | 7% | 12% | 13% | 9% | 8% | 10% | 14% | 10% | 11% |
1 | 1 | 2 | 2 | 5 | 3 | 2 | 2 | 3 | 3 | 4 | 11 | |
Interest | 5 | 4 | 4 | 6 | 4 | 5 | 8 | 7 | 7 | 6 | 7 | 7 |
Depreciation | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 5 | 5 | 6 |
Profit before tax | 11 | 18 | 27 | 30 | 57 | 58 | 60 | 53 | 70 | 110 | 87 | 157 |
Tax % | 30% | 32% | 33% | 34% | 35% | 34% | 31% | 35% | 25% | 25% | 25% | 25% |
Net Profit | 8 | 12 | 18 | 20 | 37 | 39 | 42 | 34 | 52 | 82 | 65 | 118 |
EPS in Rs | 1.48 | 2.30 | 3.51 | 3.75 | 7.21 | 7.45 | 8.05 | 6.65 | 10.14 | 15.85 | 12.56 | 22.75 |
Dividend Payout % | 20% | 9% | 8% | 10% | 11% | 5% | 5% | 7% | 5% | 4% | 0% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | 18% |
5 Years: | 13% |
3 Years: | 20% |
TTM: | 49% |
Compounded Profit Growth | |
---|---|
10 Years: | 26% |
5 Years: | 24% |
3 Years: | 31% |
TTM: | 81% |
Stock Price CAGR | |
---|---|
10 Years: | 43% |
5 Years: | 8% |
3 Years: | 69% |
1 Year: | 77% |
Return on Equity | |
---|---|
10 Years: | 23% |
5 Years: | 21% |
3 Years: | 22% |
Last Year: | 23% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
9 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |
Reserves | 31 | 42 | 57 | 70 | 101 | 137 | 184 | 215 | 263 | 339 | 399 | 598 |
50 | 35 | 61 | 50 | 24 | 44 | 73 | 106 | 68 | 96 | 118 | 120 | |
20 | 20 | 29 | 37 | 48 | 61 | 66 | 64 | 83 | 74 | 94 | 89 | |
Total Liabilities | 110 | 106 | 157 | 167 | 183 | 252 | 333 | 396 | 424 | 519 | 621 | 818 |
13 | 20 | 21 | 22 | 22 | 22 | 27 | 29 | 37 | 48 | 52 | 133 | |
CWIP | 1 | 0 | 0 | 0 | 0 | 1 | 3 | 2 | 10 | 5 | 6 | 9 |
Investments | 0 | 0 | 0 | 0 | 1 | 0 | 13 | 13 | 1 | 0 | 0 | 0 |
95 | 86 | 135 | 145 | 159 | 228 | 290 | 352 | 376 | 466 | 562 | 676 | |
Total Assets | 110 | 106 | 157 | 167 | 183 | 252 | 333 | 396 | 424 | 519 | 621 | 818 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-4 | 13 | -21 | 21 | 63 | -17 | -49 | -22 | 51 | 37 | -58 | ||
2 | -4 | 3 | 3 | 1 | -3 | -10 | -5 | -19 | -8 | -7 | ||
3 | -15 | 26 | -11 | -25 | 19 | 22 | 26 | -33 | 22 | 15 | ||
Net Cash Flow | 2 | -6 | 8 | 13 | 39 | -1 | -37 | -1 | -0 | 51 | -50 |
Ratios
Figures in Rs. Crores
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 | 39 | 34 | 42 | 34 | 24 | 25 | 40 | 54 | 46 | 51 | 68 | 40 |
Inventory Days | 108 | 77 | 75 | 62 | 53 | 112 | 96 | 113 | 131 | 145 | 184 | 143 |
Days Payable | 14 | 7 | 6 | 3 | 4 | 6 | 5 | 7 | 14 | 9 | 15 | 3 |
Cash Conversion Cycle | 133 | 105 | 110 | 93 | 73 | 130 | 131 | 159 | 163 | 186 | 237 | 180 |
Working Capital Days | 105 | 85 | 89 | 68 | 47 | 88 | 105 | 136 | 128 | 141 | 181 | 143 |
ROCE % | 19% | 25% | 29% | 28% | 46% | 39% | 29% | 20% | 23% | 30% | 19% | 26% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Publication of financial results for the quarter and year ended 31st March, 2023
- Related Party Transactions For Half Year Ended 31.03.2023 1d
- Announcement under Regulation 30 (LODR)-Investor Presentation 2d
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 2d
- Board Meeting Outcome for Board Meeting Outcome For Outcome Of The Meeting Of The Board Of Chaman Lal Setia Exports Ltd. Held On May 26, 2023 2d
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Concalls
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Dec 2022TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Aug 2020TranscriptPPT
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Jun 2019TranscriptPPT
Products
It has the following products:
Regular Products:
Maharani Traditional Raw Basmati Rice
Maharani 1121 Basmati Parboiled (Sella) Rice
Maharani Rice Suitable For Diabetic People With Moderate G.i.
Exclusive Product Range:
Maharani Pesticide Residue Free Rice
Maharani Quick Cooking Brown Rice [1]
The company is also involved in selling non-basmati rice - under its brand ‘Green World Aromatic Rice’. Organic products such as ‘Maharani - Brown Basmati Rice’.[2]