Container Corporation Of India Ltd

₹ 693 -2.61%
03 Oct - 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 42,233 Cr.
  • Current Price 693
  • High / Low 782 / 554
  • Stock P/E 38.7
  • Book Value 177
  • Dividend Yield 1.30 %
  • ROCE 13.0 %
  • ROE 10.0 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 55.5%

Cons

  • Stock is trading at 3.93 times its book value
  • The company has delivered a poor sales growth of 5.06% over past five years.
  • Company has a low return on equity of 8.22% 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
1,655 1,756 1,545 1,584 1,194 1,509 1,767 1,957 1,820 1,837 1,938 2,058 1,994
1,250 1,324 1,169 1,103 1,035 1,193 1,391 1,761 1,382 1,405 1,477 1,642 1,515
Operating Profit 404 432 376 481 159 316 376 196 438 432 461 416 479
OPM % 24% 25% 24% 30% 13% 21% 21% 10% 24% 24% 24% 20% 24%
68 -816 66 84 57 65 75 -5 57 63 56 71 69
Interest 14 11 8 13 11 11 11 11 16 16 15 16 15
Depreciation 134 135 134 141 134 135 144 140 138 144 140 139 137
Profit before tax 325 -530 299 411 72 235 296 39 341 335 362 332 394
Tax % 31% 35% 43% 24% 31% 25% 24% 53% 26% 26% 24% 24% 25%
Net Profit 243 -333 179 317 58 184 233 25 258 253 283 257 297
EPS in Rs 4.00 -5.45 2.97 5.10 0.99 3.03 3.84 0.42 4.25 4.16 4.67 4.23 4.88
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
3,873 4,064 4,394 5,231 6,032 6,278 5,980 6,612 6,956 6,530 6,427 7,653 7,827
2,857 3,040 3,344 4,078 4,637 4,936 4,732 5,120 5,164 4,836 5,380 5,904 6,039
Operating Profit 1,016 1,024 1,050 1,153 1,395 1,342 1,248 1,492 1,792 1,694 1,047 1,748 1,788
OPM % 26% 25% 24% 22% 23% 21% 21% 23% 26% 26% 16% 23% 23%
197 313 333 358 354 347 309 343 364 -560 223 270 259
Interest 5 5 3 22 18 0 6 6 7 46 43 63 62
Depreciation 149 162 176 236 411 355 367 420 452 544 553 561 560
Profit before tax 1,059 1,169 1,203 1,253 1,320 1,335 1,184 1,409 1,697 544 674 1,394 1,424
Tax % 17% 26% 23% 25% 20% 28% 28% 25% 28% 25% 26% 25%
Net Profit 876 866 931 946 1,056 967 854 1,060 1,222 406 501 1,052 1,091
EPS in Rs 14.38 14.20 15.27 15.50 17.31 15.85 14.07 17.55 20.18 6.62 8.29 17.32 17.94
Dividend Payout % 23% 25% 24% 25% 25% 27% 39% 39% 42% 54% 60% 52%
Compounded Sales Growth
10 Years: 7%
5 Years: 5%
3 Years: 3%
TTM: 11%
Compounded Profit Growth
10 Years: 2%
5 Years: 4%
3 Years: -5%
TTM: 62%
Stock Price CAGR
10 Years: 13%
5 Years: 5%
3 Years: 4%
1 Year: -1%
Return on Equity
10 Years: 11%
5 Years: 10%
3 Years: 8%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
130 130 130 195 195 195 195 244 305 305 309 309
Reserves 4,809 5,425 6,090 6,663 7,322 8,112 8,576 9,078 10,023 9,741 9,883 10,451
47 58 38 207 190 10 62 62 771 70 718 731
783 895 975 1,205 1,289 1,262 1,293 1,534 1,700 1,673 1,505 1,516
Total Liabilities 5,769 6,509 7,234 8,269 8,995 9,579 10,126 10,918 12,798 11,789 12,410 13,002
2,396 2,459 2,783 3,369 3,675 3,008 3,658 4,019 4,564 5,348 5,663 5,723
CWIP 107 104 188 240 395 623 617 692 626 943 923 755
Investments 196 245 369 484 488 1,101 1,080 1,126 1,169 1,199 1,261 1,207
3,071 3,701 3,893 4,176 4,437 4,848 4,771 5,080 6,438 4,299 4,564 5,317
Total Assets 5,769 6,509 7,234 8,269 8,995 9,579 10,126 10,918 12,798 11,789 12,410 13,002

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
693 772 910 673 1,166 -781 2,029 1,313 -1,941 4,286 1,029 1,369
-155 -79 -442 -552 -648 -753 -882 -745 1,381 -2,875 34 -1,070
-235 -228 -280 -384 -349 -298 -292 -492 481 -1,470 -457 -595
Net Cash Flow 304 466 188 -262 169 -1,833 855 76 -79 -59 606 -296

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 3 3 2 4 4 3 4 5 5 9 9 9
Inventory Days
Days Payable
Cash Conversion Cycle 3 3 2 4 4 3 4 5 5 9 9 9
Working Capital Days 3 -7 -8 -15 -37 -15 5 5 168 -25 -32 -26
ROCE % 23% 22% 20% 19% 18% 17% 14% 16% 17% 14% 8% 13%

Shareholding Pattern

Numbers in percentages

6 recently
Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 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
28.34 27.18 26.84 26.65 24.54 23.26 24.00 24.94 25.53 24.85 23.54 23.65
12.36 13.39 13.56 14.21 15.66 16.53 16.35 16.15 15.51 15.59 16.90 16.80
0.14 0.14 0.15 0.15 0.15 0.15 0.15 0.12 0.12 0.12 0.12 0.12
4.36 4.49 4.65 4.19 4.86 5.27 4.70 3.99 4.04 4.65 4.65 4.63

Documents

Concalls