Cochin Malabar Estates & Industries Ltd
Incorporated in 1930, Cochin Malabar Estates & Industries Ltd is into the business of rubber and tea plantations.
- Market Cap ₹ 31.0 Cr.
- Current Price ₹ 175
- High / Low ₹ 261 / 82.3
- Stock P/E 5.79
- Book Value ₹ 163
- Dividend Yield 0.00 %
- ROCE 15.6 %
- ROE 20.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.08 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
* 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: Plantation & Plantation Products 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 2011 | Mar 2012 | |
|---|---|---|
| 20.44 | 23.95 | |
| 15.05 | 17.47 | |
| Operating Profit | 5.39 | 6.48 |
| OPM % | 26.37% | 27.06% |
| 0.19 | 0.65 | |
| Interest | 1.66 | 1.33 |
| Depreciation | 0.55 | 0.51 |
| Profit before tax | 3.37 | 5.29 |
| Tax % | 0.00% | 0.00% |
| 3.37 | 5.29 | |
| EPS in Rs | 18.72 | 29.39 |
| Dividend Payout % | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 56% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 26% |
| 3 Years: | 42% |
| 1 Year: | 109% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | |
|---|---|---|
| Equity Capital | 1.77 | 1.77 |
| Reserves | 22.35 | 27.59 |
| 21.81 | 10.63 | |
| 21.68 | 24.46 | |
| Total Liabilities | 67.61 | 64.45 |
| 54.89 | 56.35 | |
| CWIP | 0.18 | 0.20 |
| Investments | 0.02 | 0.02 |
| 12.52 | 7.88 | |
| Total Assets | 67.61 | 64.45 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | |
|---|---|---|
| -2.31 | 14.14 | |
| -2.00 | -2.12 | |
| 4.19 | -12.54 | |
| Net Cash Flow | -0.12 | -0.52 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | |
|---|---|---|
| Debtor Days | 16.96 | 5.18 |
| Inventory Days | 1,065.14 | |
| Days Payable | 305.27 | |
| Cash Conversion Cycle | 776.83 | 5.18 |
| Working Capital Days | -288.04 | -271.12 |
| ROCE % | 15.57% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Nov - Submission of un-audited financial results for Q2 2024.
- Financial Results For September 30, 2024 6 Nov
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Board Meeting Outcome for Unaudited Financial Results For The Quarter/Half Year Ended 30Th September, 2024
6 Nov - Unaudited financial results for Q2 FY2024 released.
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Board Meeting Intimation for Unaudited Financial Results For The 2Nd Quarter / Half-Year Ended 30Th September, 2024.
24 Oct - Board meeting to discuss Q2 financial results.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Business Overview:[1]
Company is involved in plantation with 3 Rubber Estates in Kerala measuring 5225 acres. Company also purchased one Tea Estate in Kerala.
Besides the traditional plantation business, company had diversified activities such as Fire Engineering Division at Bombay and a Aqua Culture Farm in Goa on ~106 acres for cultivation of tiger prawns, shrimps, etc.
Company had also started a 100% EOU Rubber Wood Processing factory near one of its estates for converting the rubber wood into hard and strong wood by chemical treatment with foreign knowhow.
At present, Cochin Plantation Division has demerged from the Company and merged with Joonktollee Tea & Industries Ltd. w.e.f. 01.04.2011.
The Company ceased to be a subsidiary of Joonktollee Tea & Industries Ltd. w.e.f. 07.10.2013.