Accuracy Shipping Ltd

Accuracy Shipping Ltd

₹ 9.34 4.24%
21 Nov - close price
About

Accuracy Shipping Ltd is involved in providing third party logistics solutions. It offers customized and end-to-end logistics solutions and services including transportation distribution, freight forwarding, clearing and forwarding services, custom house clearance, warehousing and value added services.[1]

Key Points

Service Verticals

  • Market Cap 141 Cr.
  • Current Price 9.34
  • High / Low 18.2 / 7.85
  • Stock P/E 15.3
  • Book Value 7.91
  • Dividend Yield 0.00 %
  • ROCE 5.48 %
  • ROE 0.45 %
  • Face Value 1.00

Pros

  • Stock is trading at 1.18 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 8.64% over last 3 years.

* 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

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
189.78 218.67 255.01 248.84 238.12 212.82 177.55 142.14 207.37 187.47 171.35 202.17 253.15
174.80 200.70 254.53 238.28 233.74 205.13 165.52 139.42 204.92 183.05 156.91 193.20 246.51
Operating Profit 14.98 17.97 0.48 10.56 4.38 7.69 12.03 2.72 2.45 4.42 14.44 8.97 6.64
OPM % 7.89% 8.22% 0.19% 4.24% 1.84% 3.61% 6.78% 1.91% 1.18% 2.36% 8.43% 4.44% 2.62%
0.43 0.52 0.88 0.20 0.85 0.65 -0.24 0.29 0.66 -0.37 0.05 0.22 0.37
Interest 1.72 2.27 2.37 3.03 2.98 3.54 2.21 3.02 2.74 2.71 2.79 2.81 3.09
Depreciation 3.05 3.25 3.35 2.59 3.07 3.54 3.14 3.02 3.20 3.31 3.46 2.82 3.01
Profit before tax 10.64 12.97 -4.36 5.14 -0.82 1.26 6.44 -3.03 -2.83 -1.97 8.24 3.56 0.91
Tax % 34.96% 21.43% 0.92% 50.58% -108.54% 107.94% 11.34% 23.10% -26.50% 46.70% -11.41% 30.62% 51.65%
6.92 10.19 -4.39 2.54 0.07 -0.10 5.71 -3.72 -2.08 -2.89 9.18 2.48 0.44
EPS in Rs 0.46 0.64 -0.30 0.14 0.03 -0.01 0.38 -0.25 -0.14 -0.19 0.61 0.16 0.03
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
339 348 375 824 877 708 814
314 320 345 776 842 684 780
Operating Profit 25 28 30 48 35 24 34
OPM % 7% 8% 8% 6% 4% 3% 4%
5 1 1 2 1 1 0
Interest 5 8 6 10 12 12 11
Depreciation 12 16 12 13 12 13 13
Profit before tax 12 5 13 27 12 0 11
Tax % 34% 24% 29% 32% 32% -16%
8 4 9 18 8 0 9
EPS in Rs 0.54 0.27 0.59 1.20 0.55 0.03 0.61
Dividend Payout % 0% 0% 0% 416% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 16%
3 Years: 24%
TTM: 10%
Compounded Profit Growth
10 Years: %
5 Years: -43%
3 Years: -62%
TTM: 4947%
Stock Price CAGR
10 Years: %
5 Years: 26%
3 Years: -20%
1 Year: 1%
Return on Equity
10 Years: %
5 Years: 9%
3 Years: 9%
Last Year: 0%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 15 15 15 15 15 15 15
Reserves 54 58 67 85 92 101 104
67 78 90 117 109 109 114
28 29 27 83 70 53 72
Total Liabilities 164 180 199 300 286 278 306
60 51 55 56 74 70 66
CWIP 0 3 0 5 0 0 0
Investments 0 0 0 0 0 0 0
104 126 144 240 212 208 240
Total Assets 164 180 199 300 286 278 306

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 0 17 -19 46 28
0 -9 -13 -11 -25 -9
0 8 1 27 -21 -19
Net Cash Flow 0 -1 4 -3 0 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 91 102 103 60 44 60
Inventory Days 55 46 29
Days Payable 158 58 63
Cash Conversion Cycle 91 102 103 -43 33 26
Working Capital Days 65 90 108 72 59 76
ROCE % 9% 12% 19% 11% 5%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
63.40% 63.40% 63.69% 63.69% 63.69% 63.69% 63.69% 63.69% 63.69% 63.69% 63.69% 63.69%
0.00% 0.00% 0.00% 9.80% 15.32% 20.37% 9.30% 5.54% 0.00% 0.03% 0.00% 0.00%
11.80% 11.25% 11.25% 1.37% 1.37% 1.32% 1.32% 1.32% 0.00% 0.00% 0.00% 0.00%
24.80% 25.35% 25.07% 25.15% 19.62% 14.63% 25.70% 29.46% 36.31% 36.29% 36.31% 36.31%
No. of Shareholders 2,6653,1084,1233,4994,0656,38411,97515,39629,29847,95350,11951,479

* 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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