Starlog Enterprises Ltd

Starlog Enterprises Ltd

₹ 50.6 -1.61%
12 Dec 3:40 p.m.
About

Incorporated in 1983, Starlog Enterprises Ltd. is an infrastructure solution provider. The company specializes in Port & Infrastructure facilities, Charter Hire & Operation of Heavy Duty Cranes, Engineering & Erection activities.

Key Points

Services Offered:
a) Charter Hire:[1]
The company provides services in owning, operating, maintaining & giving on hire cranes including heavy duty cranes to various Industries. The company owns/operates over 200 cranes ranging from 1250MT to 9MT and these are imported from the world's top manufacturers.
b) Port Operation Services:
The company provides services in the fields of container handling, storage services and other ancillary services through its subsidiaries and associates.

  • Market Cap 59.6 Cr.
  • Current Price 50.6
  • High / Low 63.2 / 29.0
  • Stock P/E 84.0
  • Book Value 49.2
  • Dividend Yield 0.00 %
  • ROCE 1.79 %
  • ROE -25.0 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 1.06 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -37.0% over past five years.
  • Contingent liabilities of Rs.184 Cr.
  • Earnings include an other income of Rs.37.0 Cr.
  • Company has high debtors of 961 days.
  • Company's cost of borrowing seems high

* 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

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
45 44 44 38 3 3 2 3 3 2 3 3 3
37 40 41 36 5 6 2 4 3 3 10 2 3
Operating Profit 7 5 3 2 -2 -2 0 -0 0 -0 -6 1 1
OPM % 17% 10% 7% 6% -48% -65% 7% -5% 1% -11% -192% 27% 17%
1 4 4 8 85 10 10 1 1 -0 12 0 25
Interest 15 16 15 12 1 1 2 1 1 1 1 0 0
Depreciation 7 7 6 5 1 1 1 1 1 1 1 1 1
Profit before tax -14 -13 -15 -8 81 6 8 -2 -2 -3 4 0 24
Tax % 0% 0% 2% 0% 0% 0% 6% 0% 0% 0% 0% 0% 0%
-14 -13 -15 -8 81 6 8 -2 -2 -3 4 0 24
EPS in Rs -9.19 -11.22 -11.22 -4.94 67.34 4.69 6.43 -1.75 -1.35 -2.16 3.18 0.20 20.21
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
168 109 106 110 98 373 126 192 171 179 47 12 12
122 70 77 79 75 381 124 164 142 154 44 18 17
Operating Profit 46 39 28 31 23 -7 2 28 29 25 3 -6 -5
OPM % 27% 36% 27% 28% 24% -2% 1% 14% 17% 14% 5% -46% -46%
7 -8 16 15 2 26 11 16 14 16 111 13 37
Interest 62 60 38 57 50 46 59 70 65 64 18 6 2
Depreciation 69 60 43 45 34 29 32 31 29 26 8 4 4
Profit before tax -78 -89 -37 -55 -59 -57 -79 -57 -51 -49 87 -3 26
Tax % -11% -10% -16% 11% -12% -0% 0% 0% 0% 1% 1% 0%
-69 -79 -31 -61 -70 -72 -79 -57 -51 -50 86 -3 26
EPS in Rs -50.67 -52.09 -24.87 -49.98 -48.46 -42.61 -45.80 -34.52 -36.22 -32.56 72.05 -1.96 21.43
Dividend Payout % -6% -3% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -20%
5 Years: -37%
3 Years: -58%
TTM: -6%
Compounded Profit Growth
10 Years: 7%
5 Years: 14%
3 Years: 24%
TTM: -92%
Stock Price CAGR
10 Years: -5%
5 Years: 19%
3 Years: 59%
1 Year: 46%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -25%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 12 12 12 12 12 12 12 12 12 12 12 12 12
Reserves 273 233 249 182 109 58 3 -38 -81 -122 -21 22 47
599 550 494 500 342 413 633 609 702 707 179 12 7
240 305 206 278 229 456 266 306 177 157 179 89 64
Total Liabilities 1,124 1,100 962 972 692 939 914 890 810 754 349 135 130
637 463 357 491 407 346 667 623 589 554 222 34 32
CWIP 105 298 337 239 36 347 0 0 0 0 0 0 0
Investments 12 12 12 12 77 64 64 64 64 64 12 12 12
370 326 256 230 171 182 183 203 157 137 115 88 87
Total Assets 1,124 1,100 962 972 692 939 914 890 810 754 349 135 130

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
49 103 41 62 33 16 10 73 49 37 -37 3
-172 -73 7 -44 -12 -65 -196 20 9 13 412 -3
36 -10 -53 -39 -24 53 184 -86 -59 -58 -368 -10
Net Cash Flow -86 20 -6 -21 -3 4 -2 7 -0 -9 7 -10

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 152 200 186 198 198 57 163 108 87 80 279 961
Inventory Days
Days Payable
Cash Conversion Cycle 152 200 186 198 198 57 163 108 87 80 279 961
Working Capital Days -146 -310 -461 -606 -636 -358 -605 -509 -277 -301 -431 -212
ROCE % -2% -2% -1% -1% -1% -6% -3% 1% 2% 1% 2% 2%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44% 64.44%
35.56% 35.56% 35.56% 35.56% 35.56% 35.56% 35.56% 35.55% 35.55% 35.56% 35.55% 35.55%
No. of Shareholders 4,4404,5574,5284,4904,5644,5844,5664,5854,7144,7784,8014,994

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