Container Corporation Of India Ltd

₹ 776 -0.67%
05 Dec - close price
About

Container Corporation Of India (CONCOR) is engaged in the business of providing inland transportation of containers by rail. It also covers the Management of Ports, Air cargo complexes and establishes cold chains. [1]

Key Points

Services
Carrier: Rail is the mainstay of the Co’s transportation plans & strategy with the majority of the Co’s terminals being rail-linked. Some of the Co’s terminals are exclusively road-fed as well.
Terminal Operator: The Co’s terminals provide a spectrum of facilities in terms of warehousing, container parking, repair facilities, and even office complexes.
Container Freight Station (CFS) Operator: As a CFS operator, the Co. adds value to the logistics chain by offering services such as Transit warehousing for import and export cargo, Bonded warehousing, enabling importers to store cargo and make partial deliveries, thereby deferring duty payment, Less than Container Load (LCL) consolidation, and reworking of LCL cargo at nominated hubs, and Air cargo clearance using bonded trucking. [1]

  • Market Cap 47,284 Cr.
  • Current Price 776
  • High / Low 829 / 554
  • Stock P/E 41.6
  • Book Value 182
  • Dividend Yield 1.16 %
  • ROCE 13.1 %
  • ROE 10.1 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 56.8%

Cons

  • Stock is trading at 4.27 times its book value
  • The company has delivered a poor sales growth of 6.26% over past five years.
  • Company has a low return on equity of 7.57% 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
1,739 1,528 1,569 1,189 1,503 1,754 1,939 1,808 1,824 1,920 2,043 1,978 1,971
1,313 1,156 1,094 1,030 1,190 1,382 1,750 1,374 1,397 1,464 1,630 1,506 1,472
Operating Profit 426 372 474 159 313 372 189 434 426 456 413 472 499
OPM % 24% 24% 30% 13% 21% 21% 10% 24% 23% 24% 20% 24% 25%
-797 63 75 59 71 82 -10 56 75 63 69 63 52
Interest 8 6 11 8 9 8 9 14 14 13 14 14 14
Depreciation 128 126 134 126 127 136 132 130 136 132 131 131 134
Profit before tax -508 302 405 83 249 309 38 345 352 373 337 390 402
Tax % 37% 42% 27% 26% 25% 23% 57% 26% 25% 23% 24% 25% 25%
Net Profit -322 175 294 62 188 238 16 255 264 287 257 291 303
EPS in Rs -5.29 2.88 4.83 1.01 3.08 3.90 0.27 4.18 4.33 4.70 4.22 4.78 4.97
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
3,809 4,024 4,355 4,825 5,496 5,922 5,606 6,157 6,882 6,465 6,385 7,594 7,912
2,801 3,000 3,307 3,798 4,187 4,583 4,359 4,681 5,101 4,789 5,352 5,865 6,073
Operating Profit 1,008 1,024 1,048 1,027 1,308 1,339 1,247 1,476 1,781 1,675 1,033 1,730 1,839
OPM % 26% 25% 24% 21% 24% 23% 22% 24% 26% 26% 16% 23% 23%
196 316 337 447 359 317 289 303 334 -602 202 262 247
Interest 0 0 0 0 0 0 4 0 1 36 34 55 55
Depreciation 145 158 173 189 373 348 352 393 425 513 522 530 529
Profit before tax 1,058 1,182 1,212 1,284 1,294 1,308 1,181 1,386 1,689 524 679 1,407 1,503
Tax % 17% 26% 22% 23% 19% 27% 27% 25% 28% 28% 26% 24%
Net Profit 876 878 940 985 1,048 951 858 1,044 1,215 376 503 1,062 1,137
EPS in Rs 14.37 14.40 15.42 16.16 17.19 15.61 14.08 17.14 19.95 6.17 8.26 17.44 18.67
Dividend Payout % 23% 24% 24% 24% 25% 28% 39% 40% 43% 58% 61% 52%
Compounded Sales Growth
10 Years: 7%
5 Years: 6%
3 Years: 3%
TTM: 8%
Compounded Profit Growth
10 Years: 2%
5 Years: 4%
3 Years: -4%
TTM: 55%
Stock Price CAGR
10 Years: 15%
5 Years: 8%
3 Years: 11%
1 Year: 23%
Return on Equity
10 Years: 11%
5 Years: 9%
3 Years: 8%
Last Year: 10%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
130 130 130 195 195 195 195 244 305 305 305 305 305
Reserves 4,848 5,476 6,151 6,790 7,441 8,151 8,651 9,130 10,063 9,760 9,899 10,473 10,761
0 0 0 0 0 0 0 0 701 0 618 641 673
780 891 970 1,065 1,055 1,084 1,095 1,332 1,538 1,502 1,373 1,384 1,483
Total Liabilities 5,757 6,498 7,251 8,050 8,691 9,430 9,941 10,706 12,607 11,567 12,195 12,802 13,222
2,327 2,394 2,720 3,009 3,242 2,800 3,370 3,648 4,195 4,969 5,302 5,391 5,300
CWIP 107 104 188 231 301 513 507 671 625 938 920 748 724
Investments 244 293 482 864 1,155 1,358 1,374 1,389 1,403 1,444 1,495 1,436 1,441
3,079 3,707 3,861 3,946 3,994 4,759 4,690 4,998 6,385 4,216 4,478 5,228 5,756
Total Assets 5,757 6,498 7,251 8,050 8,691 9,430 9,941 10,706 12,607 11,567 12,195 12,802 13,222

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
690 804 920 746 1,106 -1,045 1,858 1,328 -2,052 4,269 1,024 1,341
-149 -104 -504 -806 -762 -428 -616 -754 1,509 -2,881 28 -1,060
-235 -234 -257 -304 -308 -315 -358 -500 481 -1,447 -443 -577
Net Cash Flow 306 466 159 -365 37 -1,788 884 74 -62 -59 608 -296

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 2 2 2 2 2 3 3 4 5 9 9 8
Inventory Days
Days Payable
Cash Conversion Cycle 2 2 2 2 2 3 3 4 5 9 9 8
Working Capital Days 5 -5 -7 4 -32 -11 11 9 173 -23 -32 -26
ROCE % 23% 22% 20% 19% 18% 16% 14% 15% 16% 14% 8% 13%

Shareholding Pattern

Numbers in percentages

7 recently
Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
54.80 54.80 54.80 54.80 54.80 54.80 54.80 54.80 54.80 54.80 54.80 54.80
27.18 26.84 26.65 24.54 23.26 24.00 24.94 25.53 24.85 23.54 23.65 24.06
13.39 13.56 14.21 15.66 16.53 16.35 16.15 15.51 15.59 16.90 16.80 17.85
0.14 0.15 0.15 0.15 0.15 0.15 0.12 0.12 0.12 0.12 0.12 0.12
4.49 4.65 4.19 4.86 5.27 4.70 3.99 4.04 4.65 4.65 4.63 3.18

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

Please click on the line-items to see the names of individual entities.

Documents

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