Lancer Containers Lines Ltd

Lancer Containers Lines Ltd

₹ 51.0 0.43%
02 Jul - close price
About

Incorporate in 2011, Lancer Container Lines Ltd is in the business of shipping and logistics services in India and abroad

Key Points

Business Overview
The company's primary business is Ocean transport services of intermodal containers by container ships (NVOCC – Non-Vessel Operating Common Carrier). [1] It operates an asset-light business with a mix of 14,000+ owned and leased containers, offering services to 86 ports as well as inland destinations through 14 offices in India and a subsidiary in Dubai, covering more than 30 countries. [2]

  • Market Cap 1,199 Cr.
  • Current Price 51.0
  • High / Low 110 / 44.4
  • Stock P/E 20.5
  • Book Value 17.5
  • Dividend Yield 0.00 %
  • ROCE 16.6 %
  • ROE 20.0 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 29.1%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -2.35%
  • Company might be capitalizing the interest cost
  • Debtor days have increased from 45.8 to 64.8 days.

* 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

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
121 111 137 159 235 232 227 177 201 164 166 151 152
115 104 126 145 216 211 203 154 180 136 142 120 147
Operating Profit 7 7 11 14 19 21 24 24 21 28 24 30 5
OPM % 5% 6% 8% 9% 8% 9% 11% 13% 10% 17% 15% 20% 3%
1 0 0 0 1 1 2 1 4 2 4 4 3
Interest 1 1 1 1 1 2 3 4 4 4 3 2 2
Depreciation 3 2 2 2 3 3 4 4 5 10 8 15 -11
Profit before tax 4 4 8 12 16 18 20 16 15 17 18 17 18
Tax % 25% 28% 24% 28% 29% 24% 19% 16% 29% 16% 20% 19% 9%
3 3 6 8 12 13 16 14 11 14 14 14 16
EPS in Rs 0.15 0.16 0.33 0.46 0.64 0.74 0.88 0.75 0.59 0.76 0.66 0.61 0.70
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
265 313 642 837 633
243 288 591 747 545
Operating Profit 22 25 50 90 88
OPM % 8% 8% 8% 11% 14%
1 1 2 8 13
Interest 3 3 3 13 11
Depreciation 9 10 10 17 20
Profit before tax 11 13 40 69 70
Tax % 26% 26% 27% 22% 16%
8 10 29 54 58
EPS in Rs 0.44 0.54 1.60 2.91 2.55
Dividend Payout % 0% 5% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 27%
TTM: -24%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 82%
TTM: 12%
Stock Price CAGR
10 Years: %
5 Years: 73%
3 Years: 110%
1 Year: 5%
Return on Equity
10 Years: %
5 Years: %
3 Years: 29%
Last Year: 20%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 10 10 30 31 114
Reserves 25 35 43 153 286
30 31 42 283 112
31 50 86 60 50
Total Liabilities 96 126 202 526 562
66 65 81 131 142
CWIP 0 0 5 0 0
Investments 3 6 2 5 7
27 55 113 390 413
Total Assets 96 126 202 526 562

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
17 32 47 -223 43
-6 -6 -15 -61 -40
-9 -13 -2 277 -8
Net Cash Flow 2 13 29 -7 -6

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 25 36 31 41 65
Inventory Days 2
Days Payable 30
Cash Conversion Cycle 25 36 31 41 37
Working Capital Days -8 -17 -12 126 46
ROCE % 23% 44% 27%

Shareholding Pattern

Numbers in percentages

5 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Apr 2024
74.44% 71.14% 70.72% 64.01% 55.05% 55.05% 53.92% 53.92% 52.56% 44.69% 43.56% 42.33%
0.56% 4.31% 6.63% 13.60% 20.46% 19.96% 19.13% 17.49% 11.46% 23.31% 20.80% 22.77%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.16% 0.22% 2.79% 2.71%
25.00% 24.55% 22.65% 22.39% 24.48% 24.99% 26.95% 28.59% 35.81% 31.78% 32.86% 32.20%
No. of Shareholders 4,7216,7396,9177,18511,67226,74328,23230,10546,25645,05250,54451,050

* 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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