Aspinwall & Company Ltd

Aspinwall & Company Ltd

₹ 278 -1.07%
04 Jul 3:29 p.m.
About

Incorporated in 1920, Aspinwall & Company Ltd is in diversified business activities including coffee processing and trading, logistics services[1]

Key Points

Services Offered:[1]
a) Shipping Services:[2]
Liner services, Ship agency services, Custom House Agents, Stevedoring services, Bulk cargo services, Air cargo services, Freight forwarding services, Warehousing services, Project & OD
Cargo handling
b) Coffee Trading and Exports:[3]
Processing of Green coffee, Processing of Specialty monsoonal coffee
c) Rubber:[4]
Rubber plantations, Manufacture of Centrifuged Latex & Block rubber
d) Natural Fiber Products (Coir):[5]
Manufacture of Environment Friendly Coir, Jute Furnishings, Home Products and Geo Textiles, Branded door mats - Sparsh

  • Market Cap 218 Cr.
  • Current Price 278
  • High / Low 359 / 220
  • Stock P/E 20.4
  • Book Value 234
  • Dividend Yield 2.14 %
  • ROCE 6.48 %
  • ROE 5.93 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.19 times its book value
  • Company has been maintaining a healthy dividend payout of 30.4%

Cons

  • The company has delivered a poor sales growth of 1.40% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 7.54% over last 3 years.
  • Earnings include an other income of Rs.9.05 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

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
77.75 53.81 56.47 76.12 73.22 86.99 76.95 65.05 65.53 72.40 59.26 86.09 77.89
73.40 51.94 54.38 67.42 67.26 77.59 71.69 60.78 63.29 71.65 56.60 82.88 75.41
Operating Profit 4.35 1.87 2.09 8.70 5.96 9.40 5.26 4.27 2.24 0.75 2.66 3.21 2.48
OPM % 5.59% 3.48% 3.70% 11.43% 8.14% 10.81% 6.84% 6.56% 3.42% 1.04% 4.49% 3.73% 3.18%
0.96 0.46 1.10 4.02 1.08 17.12 0.80 0.58 2.21 3.10 0.74 1.28 3.93
Interest 0.72 0.85 0.83 1.04 0.05 0.55 0.25 0.50 0.27 0.76 1.24 1.05 0.36
Depreciation 0.81 0.84 0.94 1.01 1.03 1.06 1.11 1.12 1.33 1.16 1.19 1.28 1.56
Profit before tax 3.78 0.64 1.42 10.67 5.96 24.91 4.70 3.23 2.85 1.93 0.97 2.16 4.49
Tax % 38.10% 46.88% 14.79% 16.03% 20.13% 13.49% 22.55% 42.72% 47.02% 21.24% 8.25% -21.76% -25.61%
2.34 0.34 1.21 8.96 4.76 21.55 3.64 1.85 1.51 1.52 0.89 2.63 5.64
EPS in Rs 2.99 0.43 1.55 11.46 6.09 27.56 4.66 2.37 1.93 1.94 1.14 3.36 7.21
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
208 200 226 239 245 283 276 256 253 260 295 296
194 184 215 223 224 255 265 255 241 241 273 287
Operating Profit 14 16 11 16 21 27 11 1 12 19 21 9
OPM % 7% 8% 5% 7% 9% 10% 4% 0% 5% 7% 7% 3%
6 4 5 4 4 1 8 7 5 7 21 9
Interest 6 6 8 5 6 5 7 5 4 3 2 3
Depreciation 5 5 2 2 2 3 3 3 3 4 5 5
Profit before tax 10 9 6 13 16 21 9 -1 9 19 36 10
Tax % 45% 48% 12% 36% 40% 37% 16% 30% 31% 18% 20% -12%
5 5 5 8 10 13 7 -0 6 15 29 11
EPS in Rs 6.68 6.10 6.38 10.53 12.68 16.51 9.29 -0.54 8.22 19.53 36.52 13.66
Dividend Payout % 34% 33% 28% 24% 24% 21% 32% -465% 43% 31% 16% 44%
Compounded Sales Growth
10 Years: 4%
5 Years: 1%
3 Years: 5%
TTM: 0%
Compounded Profit Growth
10 Years: 9%
5 Years: 8%
3 Years: 19%
TTM: -27%
Stock Price CAGR
10 Years: %
5 Years: 14%
3 Years: 12%
1 Year: 22%
Return on Equity
10 Years: 6%
5 Years: 6%
3 Years: 8%
Last Year: 6%

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
Equity Capital 8 8 8 8 8 8 8 8 8 8 8 8
Reserves 94 98 101 107 119 129 132 127 134 146 169 175
22 41 37 39 26 69 67 46 34 24 17 23
28 38 37 49 59 57 49 55 58 62 52 44
Total Liabilities 152 185 183 203 211 263 256 237 233 240 246 250
52 51 50 52 52 53 75 75 72 82 81 88
CWIP 0 0 0 6 12 18 -0 0 2 1 1 1
Investments 7 10 2 3 3 3 3 1 1 2 2 1
92 124 131 143 144 189 178 161 158 155 161 161
Total Assets 152 185 183 203 211 263 256 237 233 240 246 250

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
29 -17 6 13 24 -30 17 31 20 16 35 4
-2 1 8 -3 -7 -6 -3 0 -1 3 9 -7
-25 13 -14 -8 -18 35 -13 -31 -18 -17 -13 -1
Net Cash Flow 2 -2 -0 2 -1 -1 1 1 1 2 31 -4

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 27 31 43 46 40 44 44 59 57 39 29 32
Inventory Days 139 294 210 220 264 415 291 240 293 393 280 206
Days Payable 42 62 45 73 20 35 26 49 66 68 49 28
Cash Conversion Cycle 124 263 208 193 283 424 310 250 284 364 260 209
Working Capital Days 98 125 137 128 107 146 144 115 114 110 76 94
ROCE % 11% 11% 8% 10% 16% 16% 8% 2% 8% 10% 11%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
64.46% 64.46% 64.46% 64.46% 64.46% 64.46% 64.46% 64.46% 64.46% 64.46% 64.46% 64.46%
0.00% 0.00% 0.00% 0.00% 0.00% 0.13% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 2.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
35.55% 33.21% 35.53% 35.52% 35.54% 35.41% 35.54% 35.55% 35.54% 35.54% 35.54% 35.54%
No. of Shareholders 2,7064,3764,4704,5364,3454,2334,2624,2244,3594,5454,6154,971

* 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.

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