Coastal Roadways Ltd

Coastal Roadways Ltd

₹ 37.2 -4.95%
04 Oct - close price
About

Established in 1968, Coastal Roadways Limited is engaged in the business of road transportation of goods and logistics services

Key Points

Services Offered:[1]
a) Total Logistics Solutions: Company designs and executes a logistics model for its customers after doing a SRS (System Requirement Study) and Workflow Assessment.
b) Full Truck Load: Company has a huge fleet of 6 wheeler and 10 wheeler vehicles to deliver cargo anywhere in India.
c) Part Loads: Company transfers small packages through their own courier type facilities
d) Containerized Vehicles: Company ensures that containers are completely Watertight and Airtight thus providing protection against air, water and fire with a Special Locking System which provides safety against transit hazards.
e) Over-Dimensional Cargo: Company carries odd shaped and over-dimensional objects across the country and can construct temporary roads and culverts, if required, even in the most remote areas.
f) C & F Facility: Company offers clients Carrying and Forwarding services to all important destinations.
g) Warehousing: Company has modern warehouses at strategically located business hubs across India.
h) Multimodal Transportation: Company carries consignments in containers, switching from Road to Train to Ship to reduce clients transit time and cost.
i) End to End Solution: Company offers Procurement, Primary Movement, Depot Management and Secondary Distribution to its select clients.

  • Market Cap 15.4 Cr.
  • Current Price 37.2
  • High / Low 55.4 / 22.0
  • Stock P/E 14.4
  • Book Value 49.7
  • Dividend Yield 0.00 %
  • ROCE 6.03 %
  • ROE 5.70 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.75 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -6.04% over past five years.
  • Company has a low return on equity of 5.01% over last 3 years.
  • Earnings include an other income of Rs.0.92 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: Logistics 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 Mar 2024 Jun 2024
9.03 11.60 11.00 8.79 9.57 10.50 9.86 9.06 9.46 9.25 8.83 10.70 9.75
8.52 11.03 10.47 8.14 8.99 9.90 9.33 8.92 8.99 8.94 8.42 9.82 9.12
Operating Profit 0.51 0.57 0.53 0.65 0.58 0.60 0.53 0.14 0.47 0.31 0.41 0.88 0.63
OPM % 5.65% 4.91% 4.82% 7.39% 6.06% 5.71% 5.38% 1.55% 4.97% 3.35% 4.64% 8.22% 6.46%
0.01 0.02 0.13 0.74 0.02 0.01 0.05 4.42 0.92 0.56 0.06 0.22 0.08
Interest 0.02 0.03 0.02 0.03 0.02 0.03 0.02 0.04 0.03 0.03 0.03 0.03 0.02
Depreciation 0.41 0.41 0.42 0.38 0.40 0.31 0.36 0.10 0.31 0.31 0.32 0.32 0.34
Profit before tax 0.09 0.15 0.22 0.98 0.18 0.27 0.20 4.42 1.05 0.53 0.12 0.75 0.35
Tax % 0.00% 26.67% 0.00% 16.33% 22.22% 29.63% 25.00% -1.13% 4.76% 1.89% 25.00% 13.33% 25.71%
0.09 0.11 0.22 0.82 0.14 0.19 0.15 4.47 1.00 0.52 0.09 0.65 0.26
EPS in Rs 0.22 0.27 0.53 1.98 0.34 0.46 0.36 10.78 2.41 1.25 0.22 1.57 0.63
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
82.85 58.71 61.84 58.11 56.29 54.62 52.14 42.22 32.41 40.33 38.95 38.19 38.53
79.42 59.99 58.63 55.06 54.47 51.69 51.03 40.51 31.01 38.06 37.11 36.12 36.30
Operating Profit 3.43 -1.28 3.21 3.05 1.82 2.93 1.11 1.71 1.40 2.27 1.84 2.07 2.23
OPM % 4.14% -2.18% 5.19% 5.25% 3.23% 5.36% 2.13% 4.05% 4.32% 5.63% 4.72% 5.42% 5.79%
0.16 2.05 0.16 0.77 0.96 0.18 0.15 1.17 1.62 0.90 4.50 1.76 0.92
Interest 0.70 0.80 0.49 0.41 0.45 0.60 0.61 0.48 0.24 0.10 0.11 0.12 0.11
Depreciation 2.67 2.58 2.34 2.42 2.03 2.21 2.33 2.17 1.95 1.62 1.17 1.26 1.29
Profit before tax 0.22 -2.61 0.54 0.99 0.30 0.30 -1.68 0.23 0.83 1.45 5.06 2.45 1.75
Tax % 22.73% -19.54% 31.48% 19.19% 23.33% 26.67% -33.33% -69.57% 34.94% 13.79% 2.37% 7.76%
0.17 -2.10 0.37 0.81 0.23 0.23 -1.12 0.40 0.55 1.25 4.95 2.26 1.52
EPS in Rs 0.41 -5.06 0.89 1.95 0.55 0.55 -2.70 0.96 1.33 3.01 11.94 5.45 3.67
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -4%
5 Years: -6%
3 Years: 6%
TTM: -1%
Compounded Profit Growth
10 Years: 9%
5 Years: 25%
3 Years: 55%
TTM: 60%
Stock Price CAGR
10 Years: 8%
5 Years: 7%
3 Years: 34%
1 Year: 77%
Return on Equity
10 Years: 0%
5 Years: 2%
3 Years: 5%
Last Year: 6%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 4.15 4.15 4.15 4.15 4.15 4.15 4.15 4.15 4.15 4.15 4.15 4.15
Reserves 10.68 8.57 8.72 9.53 7.97 8.19 7.06 7.45 8.01 9.26 14.19 16.44
7.33 6.48 4.13 5.10 5.81 5.54 6.18 3.50 0.80 0.80 0.52 0.34
17.59 15.86 12.61 13.12 14.42 9.64 12.89 11.25 6.80 2.30 3.08 2.33
Total Liabilities 39.75 35.06 29.61 31.90 32.35 27.52 30.28 26.35 19.76 16.51 21.94 23.26
21.24 18.34 16.64 16.46 16.57 17.42 16.68 14.86 11.44 9.38 8.56 8.92
CWIP 0.00 0.00 0.00 0.00 0.96 0.00 0.78 0.00 0.00 0.00 0.00 0.00
Investments 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.76 4.29
18.50 16.71 12.96 15.43 14.81 10.09 12.81 11.48 8.31 7.12 12.62 10.05
Total Assets 39.75 35.06 29.61 31.90 32.35 27.52 30.28 26.35 19.76 16.51 21.94 23.26

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 -0.77 5.74 3.20 0.21 5.15 1.68 2.60 0.71 2.41 1.19 -0.02
0.00 2.34 -0.73 -1.50 -2.45 -2.32 -2.36 1.52 2.84 1.15 4.57 -2.97
0.00 -1.70 -4.90 0.97 1.43 -5.08 0.28 -2.11 -5.20 -3.50 -0.27 -0.19
Net Cash Flow 0.00 -0.13 0.11 2.67 -0.81 -2.24 -0.40 2.01 -1.64 0.07 5.49 -3.17

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 58.15 69.32 46.75 47.49 50.12 41.97 60.34 57.14 66.33 46.79 55.29 60.50
Inventory Days
Days Payable
Cash Conversion Cycle 58.15 69.32 46.75 47.49 50.12 41.97 60.34 57.14 66.33 46.79 55.29 60.50
Working Capital Days 66.83 91.58 63.75 63.38 56.41 41.50 36.19 33.54 61.83 47.97 42.17 53.90
ROCE % 4.09% -18.18% 5.41% 4.47% -0.22% 5.03% -6.07% -2.09% -2.99% 5.74% 4.72% 6.03%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
74.99% 74.99% 74.99% 74.99% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98%
0.02% 0.02% 0.02% 0.02% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
25.00% 25.00% 25.00% 25.00% 25.00% 24.99% 25.00% 25.01% 24.99% 25.00% 25.00% 25.00%
No. of Shareholders 2,9622,9492,9382,9282,9222,9212,8982,8972,9042,9102,9072,897

* 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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