Concord Control Systems Ltd

Concord Control Systems Ltd

₹ 1,800 -2.10%
03 Dec - close price
About

Incorporated in 2011, Concord Control Systems Ltd is in the business of Electrical Machinery for Indian Railways and allied products[1]

Key Points

Business Overview:[1]
CCSL is an ISO: 9001:2015 certified organization by TUV- SUD South Asia Pvt. Ltd. It is an OEM for Indian Railway and is a Research, Designs, and Standards Organization (RDSO) approved source for manufacturing and supply of several electronics, electricals, mechanical and electro mechanical products

  • Market Cap 1,077 Cr.
  • Current Price 1,800
  • High / Low 2,062 / 538
  • Stock P/E 71.4
  • Book Value 91.1
  • Dividend Yield 0.00 %
  • ROCE 72.8 %
  • ROE 60.3 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 50.0%

Cons

  • Stock is trading at 19.8 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company might be capitalizing the interest cost

* 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.

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
14 18 26 23 30 35 50
13 15 23 18 23 26 36
Operating Profit 2 2 3 5 8 9 14
OPM % 11% 13% 11% 21% 26% 26% 28%
0 0 0 0 0 1 1
Interest 0 0 0 0 0 0 2
Depreciation 0 0 0 0 0 0 1
Profit before tax 1 2 3 5 8 9 12
Tax % 23% 25% 25% 30% 25% 27% 29%
1 2 2 3 6 7 8
EPS in Rs 52.00 80.50 4.76 5.74 10.50 11.37 13.84
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
16 18 32 49 66 85
14 15 28 42 49 62
Operating Profit 2 2 4 8 17 23
OPM % 11% 13% 12% 16% 26% 27%
0 0 0 0 1 2
Interest 0 0 0 0 0 2
Depreciation 0 0 0 1 1 1
Profit before tax 1 2 3 7 17 21
Tax % 28% 24% 24% 26% 26%
1 1 3 5 13 15
EPS in Rs 52.50 71.50 132.00 9.54 21.41 25.21
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 55%
TTM: 58%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 108%
TTM: 63%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 176%
Return on Equity
10 Years: %
5 Years: %
3 Years: 50%
Last Year: 60%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2024
Equity Capital 0.20 0.20 0.20 6 6
Reserves 3 5 7 16 48
2 3 3 3 29
3 4 4 6 23
Total Liabilities 8 13 15 30 106
1 1 2 2 24
CWIP 0 0 0 0 0
Investments 0 0 0 2 4
7 11 12 26 78
Total Assets 8 13 15 30 106

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1 0 2 -2 6
-1 -0 -1 -1 -4
0 0 -0 8 12
Net Cash Flow 0 0 0 4 15

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 89 157 34 67
Inventory Days 67 71 95 32
Days Payable 74 108 46 29
Cash Conversion Cycle 83 120 82 70
Working Capital Days 94 132 79 97
ROCE % 30% 38% 43%

Shareholding Pattern

Numbers in percentages

Oct 2022Mar 2023Sep 2023Oct 2023Mar 2024Sep 2024
73.53% 73.53% 73.53% 70.21% 70.21% 70.63%
6.44% 0.00% 0.00% 0.00% 0.00% 0.02%
4.17% 2.24% 2.21% 1.96% 1.63% 0.44%
15.86% 24.23% 24.26% 27.84% 28.16% 28.92%
No. of Shareholders 3822955836949081,328

* 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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