Orissa Bengal Carrier Ltd

Orissa Bengal Carrier Ltd

₹ 53.4 1.42%
23 Apr - close price
About

Incorporated in 1994, Odisha-Bengal Carrier Ltd is engaged in Transportation & Logistics business[1]

Key Points

Business Overview:[1][2][3]
OBCL is in the transportation business and deals in bulk transportation up to 1 lakh ton per annum. It provides services including transportation services, third party logistics, warehousing, full truck load (FTL), Parcel and part truck load services, less than Truck load (LTL), etc. Company has a pan-India surface logistics distribution network having 40 branches spread in various parts of India.

  • Market Cap 113 Cr.
  • Current Price 53.4
  • High / Low 79.4 / 42.6
  • Stock P/E 213
  • Book Value 42.8
  • Dividend Yield 0.00 %
  • ROCE 6.09 %
  • ROE 3.55 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -0.92% over past five years.
  • Company has a low return on equity of 6.64% over last 3 years.
  • Earnings include an other income of Rs.1.30 Cr.

* 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: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Figures in Rs. Crores

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
86.45 60.75 70.35 85.65 90.65 103.07 92.36 81.00 78.41 90.41 92.30
83.15 58.45 67.31 82.67 86.22 97.77 88.46 87.11 75.32 87.36 89.32
Operating Profit 3.30 2.30 3.04 2.98 4.43 5.30 3.90 -6.11 3.09 3.05 2.98
OPM % 3.82% 3.79% 4.32% 3.48% 4.89% 5.14% 4.22% -7.54% 3.94% 3.37% 3.23%
0.96 0.95 0.42 0.92 0.46 0.14 0.59 0.25 0.27 0.45 0.33
Interest 0.62 0.37 0.37 0.38 0.35 0.48 0.42 0.14 0.11 0.24 0.53
Depreciation 0.67 0.65 0.61 0.59 0.39 0.62 0.80 0.75 0.58 0.56 0.62
Profit before tax 2.97 2.23 2.48 2.93 4.15 4.34 3.27 -6.75 2.67 2.70 2.16
Tax % 26.60% 26.91% 25.81% 25.94% 24.58% 25.35% 26.91% 24.44% 22.47% 27.78% 26.39%
2.19 1.63 1.84 2.17 3.13 3.24 2.39 -5.09 2.07 1.95 1.60
EPS in Rs 1.04 0.77 0.87 1.03 1.48 1.54 1.13 -2.41 0.98 0.92 0.76
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
94 101 135 206 220 213 384 488 389 339 303 367 342
98 99 130 201 215 202 369 467 370 326 292 360 339
Operating Profit -4 3 6 5 6 11 15 21 19 13 12 8 3
OPM % -4% 3% 4% 3% 3% 5% 4% 4% 5% 4% 4% 2% 1%
12 1 0 1 2 1 2 2 1 1 3 1 1
Interest 1 1 2 2 2 3 3 3 3 2 2 1 1
Depreciation 1 2 4 3 2 3 5 5 5 4 3 3 3
Profit before tax 6 1 0 1 3 6 10 15 12 8 11 5 1
Tax % 36% 32% 33% 31% 38% 33% 34% 29% 25% 26% 26% 27%
4 1 0 1 2 4 6 11 9 6 8 4 1
EPS in Rs 91.54 4.32 1.29 5.34 10.56 22.79 4.11 5.05 4.41 2.75 3.71 1.74 0.25
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 10% 11% 0% 0% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: -1%
3 Years: -2%
TTM: -8%
Compounded Profit Growth
10 Years: 31%
5 Years: -13%
3 Years: -31%
TTM: -95%
Stock Price CAGR
10 Years: %
5 Years: 2%
3 Years: 29%
1 Year: -9%
Return on Equity
10 Years: %
5 Years: 10%
3 Years: 7%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 2 2 2 2 2 16 21 21 21 21 21 21
Reserves 16 18 18 21 22 27 19 40 48 53 61 65 69
7 14 17 19 24 28 33 28 28 28 9 2 21
13 8 12 20 20 20 39 27 16 20 11 11 11
Total Liabilities 36 42 48 61 68 76 107 116 113 122 102 98 123
2 8 9 7 10 13 15 16 14 10 6 8 13
CWIP 0 0 0 0 0 1 1 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 2 4
33 34 39 54 57 62 91 100 99 112 96 88 106
Total Assets 36 42 48 61 68 76 107 116 113 122 102 98 123

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-6 -1 2 7 6 6 5 -2 6 4 27 4
-1 -7 -5 -1 -6 -6 -6 -5 -3 1 3 -5
7 7 3 -5 2 -1 1 7 -4 -3 -21 -9
Net Cash Flow 1 -1 0 0 1 -1 -0 0 -0 1 9 -10

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 116 115 99 90 82 92 78 68 84 103 74 65
Inventory Days
Days Payable
Cash Conversion Cycle 116 115 99 90 82 92 78 68 84 103 74 65
Working Capital Days 67 86 68 56 53 59 41 47 69 88 77 69
ROCE % 6% 6% 10% 14% 19% 22% 16% 10% 12% 6%

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
64.68% 66.61% 68.56% 68.56% 68.56% 68.56% 68.56% 68.56% 68.56% 67.23% 67.23% 67.23%
0.00% 0.00% 0.07% 0.00% 0.00% 0.00% 0.00% 0.05% 0.00% 0.01% 0.00% 0.06%
35.32% 33.39% 31.37% 31.44% 31.44% 31.44% 31.44% 31.39% 31.45% 32.77% 32.78% 32.72%
No. of Shareholders 2554968369531,3701,8552,3733,2143,7654,5655,0385,926

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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

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