Coastal Corporation Ltd

Coastal Corporation Ltd

₹ 257 -4.65%
20 Dec - close price
About

Incorporated in 1981, Coastal Corporation
Ltd is engaged in processing and export
of sea food[1]

Key Points

Business Overview:[1][2]
CCL is a HACCP, BRC, and BAP-certified producer and exporter of high-quality Aquaculture seafood
products. It does the sourcing, processing, and packaging, of Shrimps to the international market. The key product line consists of sea-caught and aquaculture shrimps, value
-added and processed, raw or cooked in frozen blocks or IQF forms.

  • Market Cap 344 Cr.
  • Current Price 257
  • High / Low 355 / 208
  • Stock P/E 93.3
  • Book Value 216
  • Dividend Yield 0.47 %
  • ROCE 5.57 %
  • ROE 2.98 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.19 times its book value
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 18.2%

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -2.00% over past five years.
  • Company has a low return on equity of 4.40% over last 3 years.
  • Debtor days have increased from 39.1 to 54.2 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: Miscellaneous Industry: Aquaculture

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
120.23 141.87 122.50 111.17 96.76 54.93 73.97 95.07 111.37 104.64 112.29 129.21 150.20
109.69 135.06 129.79 101.96 85.94 48.92 77.62 83.89 100.49 94.42 112.86 119.25 141.66
Operating Profit 10.54 6.81 -7.29 9.21 10.82 6.01 -3.65 11.18 10.88 10.22 -0.57 9.96 8.54
OPM % 8.77% 4.80% -5.95% 8.28% 11.18% 10.94% -4.93% 11.76% 9.77% 9.77% -0.51% 7.71% 5.69%
2.28 3.80 3.12 5.14 4.17 1.06 0.58 1.07 2.23 1.53 2.05 1.79 1.92
Interest 0.95 2.59 1.61 1.71 3.04 2.89 3.45 3.04 3.65 3.76 4.53 4.10 4.93
Depreciation 1.11 0.96 1.15 1.07 2.61 2.58 3.01 2.97 3.01 3.03 3.03 3.00 3.05
Profit before tax 10.76 7.06 -6.93 11.57 9.34 1.60 -9.53 6.24 6.45 4.96 -6.08 4.65 2.48
Tax % 27.88% 25.78% -22.94% 25.32% 25.91% 48.75% -22.04% 24.84% 22.95% 25.20% -14.47% 26.88% 28.23%
7.77 5.23 -5.33 8.64 6.93 0.82 -7.43 4.69 4.97 3.72 -5.20 3.40 1.77
EPS in Rs 6.22 4.18 -3.95 6.40 5.13 0.61 -5.50 3.47 3.68 2.79 -3.88 2.54 1.32
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
159 230 277 332 472 507 468 513 402 461 337 423 496
146 207 250 311 439 459 406 472 375 442 314 392 468
Operating Profit 12 23 27 21 33 48 63 41 27 19 22 32 28
OPM % 8% 10% 10% 6% 7% 10% 13% 8% 7% 4% 7% 7% 6%
0 0 1 1 1 3 16 14 8 12 11 7 7
Interest 3 5 10 8 9 9 8 6 4 6 11 15 17
Depreciation 1 2 3 3 3 3 3 3 3 4 9 12 12
Profit before tax 8 17 16 12 22 39 66 45 28 21 13 12 6
Tax % 33% 34% 35% 36% 38% 36% 36% 23% 28% 28% 31% 29%
5 11 10 8 13 25 43 35 20 15 9 8 4
EPS in Rs 4.57 9.08 8.50 6.60 11.17 20.89 35.93 29.26 16.19 11.10 6.64 6.10 2.77
Dividend Payout % 0% 0% 2% 5% 3% 2% 4% 4% 16% 15% 20% 20%
Compounded Sales Growth
10 Years: 6%
5 Years: -2%
3 Years: 2%
TTM: 48%
Compounded Profit Growth
10 Years: -3%
5 Years: -28%
3 Years: -26%
TTM: 21%
Stock Price CAGR
10 Years: %
5 Years: 0%
3 Years: -1%
1 Year: -3%
Return on Equity
10 Years: 14%
5 Years: 8%
3 Years: 4%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 1 1 1 3 3 3 10 10 11 12 13 13 13
Reserves 14 25 35 41 56 80 115 146 180 210 252 270 276
31 51 77 64 77 86 124 112 138 172 173 231 336
12 23 22 29 48 50 23 19 15 20 17 38 40
Total Liabilities 59 100 136 137 184 219 272 287 343 413 456 553 665
28 32 33 34 31 44 44 46 62 64 175 171 169
CWIP 0 0 0 0 1 0 2 2 32 91 3 6 6
Investments 0 0 0 2 8 17 25 27 27 34 66 73 83
30 67 102 100 144 157 201 213 222 224 211 304 406
Total Assets 59 100 136 137 184 219 272 287 343 413 456 553 665

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
10 -12 -16 24 6 31 30 40 15 7 43 -41
-10 -5 -3 -4 -6 -19 -10 -3 -41 -76 -57 -19
1 18 17 -20 5 -2 -10 -22 30 35 20 53
Net Cash Flow 1 1 -2 -0 5 10 10 16 4 -34 6 -7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 19 25 40 45 35 35 35 27 27 33 30 54
Inventory Days 35 70 82 43 50 45 99 77 119 114 179 217
Days Payable 31 25 15 22 30 27 13 9 7 7 4 13
Cash Conversion Cycle 24 69 107 66 55 54 121 95 139 139 205 259
Working Capital Days 30 62 96 66 60 62 97 84 124 117 155 183
ROCE % 28% 35% 27% 18% 27% 32% 36% 20% 11% 7% 6% 6%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
36.12% 41.09% 41.09% 41.09% 41.63% 41.63% 41.64% 41.64% 41.86% 41.86% 41.86% 41.94%
0.00% 1.73% 1.97% 1.67% 2.13% 2.06% 1.93% 1.93% 2.00% 1.87% 1.87% 1.40%
63.88% 57.18% 56.94% 57.25% 56.24% 56.32% 56.44% 56.41% 56.13% 56.27% 56.26% 56.66%
No. of Shareholders 7,96810,46610,52412,88512,83213,27914,16312,02112,64612,68612,93313,135

* 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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