Zinka Logistics Solutions Ltd

Zinka Logistics Solutions Ltd

₹ 260 None%
22 Nov - close price
About

Incorporated in 2015, Zinka Logistics Solutions Ltd provides a digital trucking platform for payments, telematics, loads marketplace, and vehicle financing services[1]

Key Points

Business Overview:[1]
ZLSL began with an asset-light FTL model focused on long-haul trucking. Its current operations include:
a) Freight: Operating an asset-light model for long-haul FTL, ZLSL specializes in open-truck, standard-delivery, and inter-city freight services.
b) Truck Operator Services: ZLSL offers Fastags, fuel loyalty cards, and GPS tracking subscriptions to truck operators. Initially supporting its freight segment, this service has now evolved into a comprehensive solution for fleet owners, covering everything from fuel management to load boards.

  • Market Cap 4,589 Cr.
  • Current Price 260
  • High / Low 286 / 255
  • Stock P/E
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE -44.5 %
  • ROE -63.7 %
  • Face Value 1.00

Pros

  • Debtor days have improved from 94.4 to 69.2 days.
  • Company's working capital requirements have reduced from 106 days to 44.6 days

Cons

  • Company has low interest coverage ratio.
  • Promoter holding is low: 27.8%
  • Company has a low return on equity of -63.4% 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

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
2,230 853 767 668
2,644 1,046 1,050 953
Operating Profit -414 -192 -283 -285
OPM % -19% -23% -37% -43%
54 27 36 20
Interest 76 57 31 12
Depreciation 9 11 15 20
Profit before tax -446 -234 -293 -297
Tax % 0% 0% 0% 0%
-446 -234 -293 -297
EPS in Rs -44,109.90 -23,136.63 -29,051.49 -29,420.79
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -33%
TTM: -13%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 11%
TTM: -2%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: -63%
Last Year: -64%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity Capital 0.01 0.01 0.01 0.01
Reserves 510 286 591 352
544 394 190 166
89 95 103 136
Total Liabilities 1,143 776 884 654
23 15 21 31
CWIP 0 0 0 0
Investments 305 56 243 222
814 704 620 401
Total Assets 1,143 776 884 654

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
-438 59 -75 -125
91 182 -216 169
173 -213 272 -37
Net Cash Flow -174 27 -19 7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 72 120 94 69
Inventory Days
Days Payable
Cash Conversion Cycle 72 120 94 69
Working Capital Days 63 140 133 45
ROCE % -20% -36% -44%

Shareholding Pattern

Numbers in percentages

Nov 2024
27.84%
9.87%
9.84%
52.45%
No. of Shareholders 86,844

* 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.

Documents