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 ₹ 1,835 Cr.
- Current Price ₹ 355
- High / Low ₹ 382 / 181
- Stock P/E 16.5
- Book Value ₹ 131
- Dividend Yield 0.63 %
- ROCE 20.2 %
- ROE 17.4 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
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
Part of BSE Fast Moving Consumer Goods BSE SmallCap BSE Allcap
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
272 | 416 | 508 | 483 | 493 | 747 | 765 | 798 | 851 | 932 | 1,387 | 1,356 | 1,516 | |
248 | 383 | 471 | 424 | 429 | 677 | 702 | 719 | 734 | 837 | 1,228 | 1,194 | 1,360 | |
Operating Profit | 24 | 32 | 37 | 59 | 65 | 70 | 63 | 79 | 118 | 95 | 159 | 162 | 156 |
OPM % | 9% | 8% | 7% | 12% | 13% | 9% | 8% | 10% | 14% | 10% | 11% | 12% | 10% |
1 | 2 | 2 | 5 | 3 | 2 | 2 | 3 | 3 | 4 | 11 | 10 | 10 | |
Interest | 4 | 4 | 6 | 4 | 5 | 8 | 7 | 7 | 6 | 7 | 7 | 10 | 10 |
Depreciation | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 5 | 5 | 6 | 7 | 7 |
Profit before tax | 18 | 27 | 30 | 57 | 58 | 60 | 53 | 70 | 110 | 87 | 157 | 155 | 149 |
Tax % | 32% | 33% | 34% | 35% | 34% | 31% | 35% | 25% | 25% | 25% | 25% | 25% | |
12 | 18 | 20 | 37 | 39 | 42 | 34 | 52 | 82 | 65 | 118 | 116 | 111 | |
EPS in Rs | 2.30 | 3.51 | 3.75 | 7.21 | 7.45 | 8.05 | 6.65 | 10.14 | 15.85 | 12.56 | 22.75 | 22.35 | 21.50 |
Dividend Payout % | 9% | 8% | 10% | 11% | 5% | 5% | 7% | 5% | 4% | 0% | 4% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 12% |
3 Years: | 17% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 28% |
3 Years: | 12% |
TTM: | -14% |
Stock Price CAGR | |
---|---|
10 Years: | 41% |
5 Years: | 53% |
3 Years: | 52% |
1 Year: | 50% |
Return on Equity | |
---|---|
10 Years: | 22% |
5 Years: | 20% |
3 Years: | 19% |
Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 42 | 57 | 70 | 101 | 137 | 184 | 215 | 263 | 339 | 399 | 598 | 704 | 665 |
35 | 61 | 50 | 24 | 44 | 73 | 106 | 68 | 96 | 118 | 121 | 175 | 48 | |
20 | 29 | 37 | 48 | 61 | 66 | 64 | 83 | 74 | 94 | 89 | 105 | 151 | |
Total Liabilities | 106 | 157 | 167 | 183 | 252 | 333 | 396 | 424 | 519 | 621 | 818 | 994 | 874 |
20 | 21 | 22 | 22 | 22 | 27 | 29 | 37 | 48 | 52 | 133 | 143 | 149 | |
CWIP | 0 | 0 | 0 | 0 | 1 | 3 | 2 | 10 | 5 | 6 | 9 | 5 | 1 |
Investments | 0 | 0 | 0 | 1 | 0 | 13 | 13 | 1 | 0 | 0 | 0 | 0 | 1 |
86 | 135 | 145 | 159 | 228 | 290 | 352 | 376 | 466 | 562 | 676 | 846 | 722 | |
Total Assets | 106 | 157 | 167 | 183 | 252 | 333 | 396 | 424 | 519 | 621 | 818 | 994 | 874 |
Cash Flows
Figures in Rs. Crores
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 | -21 | 21 | 63 | -17 | -49 | -22 | 51 | 37 | -58 | 7 | -38 | |
-4 | 3 | 3 | 1 | -3 | -10 | -5 | -19 | -8 | -7 | -4 | -6 | |
-15 | 26 | -11 | -25 | 19 | 22 | 26 | -33 | 22 | 15 | -4 | 45 | |
Net Cash Flow | -6 | 8 | 13 | 39 | -1 | -37 | -1 | -0 | 51 | -50 | -1 | 0 |
Ratios
Figures in Rs. Crores
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 | 34 | 42 | 34 | 24 | 25 | 40 | 54 | 46 | 51 | 68 | 40 | 54 |
Inventory Days | 77 | 75 | 62 | 53 | 112 | 96 | 113 | 131 | 145 | 184 | 149 | 180 |
Days Payable | 7 | 6 | 3 | 4 | 6 | 5 | 7 | 14 | 9 | 15 | 3 | 3 |
Cash Conversion Cycle | 105 | 110 | 93 | 73 | 130 | 131 | 159 | 163 | 186 | 237 | 186 | 231 |
Working Capital Days | 85 | 89 | 68 | 47 | 88 | 105 | 136 | 128 | 141 | 181 | 143 | 182 |
ROCE % | 25% | 29% | 28% | 46% | 39% | 29% | 20% | 23% | 30% | 19% | 26% | 20% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Schedule of Analyst/Institutional Investor Meetings on December 13, 2024.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 20 Nov
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
14 Nov - Investor meetings rescheduled due to unavoidable circumstances.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 Nov
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
8 Nov - Transcript of Q2 & H1 FY25 earnings call.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
from bse
Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT REC
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Jun 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT
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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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May 2020TranscriptNotesPPTREC
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Jun 2019TranscriptPPT
Rice varieties[1]
Basmati Brands: Maharani, Mithas, Begum
Non-basmati brands: Green World Aromatic Rice
Other innovative products such as ‘Maharani Diabetics Rice’, ‘Basmati Rice Plus’ and organic products such as ‘Maharani - Brown Basmati Rice’
Company's brand contributed to ~10% of revenues, growing by 46% in FY24.[2]
Company is India's largest private label exporter with 300+ private label brands.[3]