Zinka Logistics Solutions Ltd
Incorporated in 2015, Zinka Logistics Solutions Ltd provides a digital trucking platform for payments, telematics, loads marketplace, and vehicle financing services[1]
- Market Cap ₹ 4,589 Cr.
- Current Price ₹ 260
- High / Low ₹ 286 / 255
- Stock P/E
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE -31.0 %
- ROE -47.4 %
- Face Value ₹ 1.00
Pros
- Company's working capital requirements have reduced from 133 days to 102 days
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 27.8%
- Company has a low return on equity of -59.8% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 156 days.
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 867 | 833 | 176 | 297 | |
| 1,066 | 1,107 | 407 | 455 | |
| Operating Profit | -200 | -275 | -232 | -158 |
| OPM % | -23% | -33% | -132% | -53% |
| 26 | 37 | -34 | -7 | |
| Interest | 57 | 31 | 4 | 3 |
| Depreciation | 11 | 15 | 20 | 25 |
| Profit before tax | -241 | -284 | -290 | -194 |
| Tax % | 0% | 0% | 0% | 0% |
| -241 | -285 | -290 | -194 | |
| EPS in Rs | -23,904.95 | -28,173.27 | -28,762.38 | -19,202.97 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -30% |
| TTM: | 69% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 9% |
| TTM: | 43% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -60% |
| Last Year: | -47% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | |
| Reserves | 271 | 585 | 353 | |
| 394 | 199 | 178 | ||
| 99 | 116 | 124 | ||
| Total Liabilities | 765 | 900 | 654 | |
| 15 | 21 | 31 | ||
| CWIP | 0 | 0 | 0 | |
| Investments | 50 | 236 | 211 | |
| 699 | 642 | 413 | ||
| Total Assets | 765 | 900 | 654 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 60 | -78 | -119 | 45 | |
| 178 | -219 | 169 | 19 | |
| -213 | 282 | -37 | -14 | |
| Net Cash Flow | 24 | -15 | 13 | 50 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 119 | 94 | 263 | |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 119 | 94 | 263 | |
| Working Capital Days | 137 | 124 | 172 | |
| ROCE % | -35% | -36% |
Documents
Announcements
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 15h
-
Intimation Under Regulation 7(1) Of The SEBI (LODR Regulations) 2015.
1d - Appointment of KFin Technologies as Registrar & Share Transfer Agent.
-
Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations 2015
1d - Code of conduct for insider trading compliance.
-
Closure of Trading Window
1d - Closure of trading window for insider trading compliance.
- Listing of Equity Shares of Zinka Logistics Solutions Ltd 1d
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.