Marinetrans India Ltd
Incorporated in June 2004, Marinetrans is engaged in the business of sea freight forwarding.[1]
- Market Cap ₹ 43.1 Cr.
- Current Price ₹ 33.8
- High / Low ₹ 51.4 / 28.5
- Stock P/E 28.2
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 13.5 %
- ROE 10.0 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 39.8 to 27.8 days.
Cons
- Company has a low return on equity of 10.2% 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 122 | 96 | 203 | 150 | |
| 121 | 95 | 200 | 148 | |
| Operating Profit | 1 | 1 | 3 | 3 |
| OPM % | 1% | 1% | 1% | 2% |
| 0 | 0 | 0 | 0 | |
| Interest | 1 | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 1 | 2 | 2 |
| Tax % | 35% | 28% | 26% | 27% |
| 0 | 1 | 2 | 2 | |
| EPS in Rs | 5.91 | 19.70 | 45.81 | 1.79 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| TTM: | -26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 85% |
| TTM: | -17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 10% |
| Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Equity Capital | 0 | 0 | 0 | 9 |
| Reserves | 11 | 12 | 14 | 8 |
| 3 | 2 | 3 | 6 | |
| 10 | 7 | 6 | 5 | |
| Total Liabilities | 25 | 22 | 23 | 26 |
| 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 25 | 22 | 23 | 26 | |
| Total Assets | 25 | 22 | 23 | 26 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 0 | 2 | -1 | -1 | |
| 1 | 0 | -0 | -0 | |
| -1 | -1 | 0 | 2 | |
| Net Cash Flow | -1 | 1 | -1 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 54 | 62 | 30 | 28 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 54 | 62 | 30 | 28 |
| Working Capital Days | 35 | 43 | 27 | 43 |
| ROCE % | 10% | 18% | 14% |
Documents
Announcements
- Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 19 April 2024
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 6 April 2024
- Diversification/Disinvestment 2 April 2024
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 30 January 2024
- Change in Director(s) 24 January 2024
Annual reports
No data available.
Business Profile[1] The company began as a freight forwarder and later expanded to offer Door-to-Door Delivery and 3PL services for the logistics industry through informal agreements with third-party service providers. The company provides a wide range of transport management and freight-related services to its customers, including Freight Forwarding, which covers both sea and air freight.