Container Corporation Of India Ltd

Container Corporation Of India Ltd

₹ 776 0.06%
26 Dec - close price
About

Container Corporation Of India (CONCOR) is engaged in the business of providing inland transportation of containers by rail. It also covers the Management of Ports, Air cargo complexes and establishes cold chains. [1]

Key Points

Services
Carrier: Rail is the mainstay of the Co’s transportation plans & strategy with the majority of the Co’s terminals being rail-linked. Some of the Co’s terminals are exclusively road-fed as well.
Terminal Operator: The Co’s terminals provide a spectrum of facilities in terms of warehousing, container parking, repair facilities, and even office complexes.
Container Freight Station (CFS) Operator: As a CFS operator, the Co. adds value to the logistics chain by offering services such as Transit warehousing for import and export cargo, Bonded warehousing, enabling importers to store cargo and make partial deliveries, thereby deferring duty payment, Less than Container Load (LCL) consolidation, and reworking of LCL cargo at nominated hubs, and Air cargo clearance using bonded trucking. [1]

  • Market Cap 47,312 Cr.
  • Current Price 776
  • High / Low 1,194 / 757
  • Stock P/E 36.8
  • Book Value 200
  • Dividend Yield 1.48 %
  • ROCE 13.8 %
  • ROE 10.7 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 55.3%

Cons

  • Stock is trading at 3.89 times its book value
  • The company has delivered a poor sales growth of 4.64% over past five years.
  • Company has a low return on equity of 10.5% 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.

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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
1,824 1,920 2,043 1,978 1,971 1,988 2,166 1,919 2,190 2,205 2,318 2,097 2,283
1,397 1,464 1,630 1,506 1,471 1,560 1,721 1,528 1,653 1,693 1,829 1,665 1,708
Operating Profit 426 456 413 472 500 429 445 392 537 512 489 432 575
OPM % 23% 24% 20% 24% 25% 22% 21% 20% 25% 23% 21% 21% 25%
75 63 69 63 51 111 94 81 102 101 87 92 97
Interest 14 13 14 14 14 14 15 14 15 18 19 18 18
Depreciation 136 132 131 131 134 136 153 138 149 154 160 165 162
Profit before tax 352 373 337 390 402 390 371 321 476 441 396 341 492
Tax % 25% 23% 24% 25% 25% 24% 25% 24% 25% 24% 26% 25% 25%
264 287 257 291 303 296 278 244 358 334 295 255 371
EPS in Rs 4.33 4.70 4.22 4.78 4.97 4.87 4.57 4.01 5.87 5.49 4.83 4.19 6.09
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
4,355 4,825 5,496 5,922 5,606 6,157 6,882 6,465 6,385 7,594 8,103 8,632 8,903
3,307 3,798 4,187 4,583 4,359 4,681 5,101 4,789 5,352 5,863 6,259 6,702 6,895
Operating Profit 1,048 1,027 1,308 1,339 1,247 1,476 1,781 1,675 1,033 1,731 1,844 1,930 2,008
OPM % 24% 21% 24% 23% 22% 24% 26% 26% 16% 23% 23% 22% 23%
337 447 359 317 289 303 334 -602 202 261 321 371 376
Interest 0 0 0 0 4 0 1 36 34 55 58 66 72
Depreciation 173 189 373 348 352 393 425 513 522 530 554 601 641
Profit before tax 1,212 1,284 1,294 1,308 1,181 1,386 1,689 524 679 1,407 1,554 1,634 1,670
Tax % 22% 23% 19% 27% 27% 25% 28% 28% 26% 24% 25% 25%
940 985 1,048 951 858 1,044 1,215 376 503 1,062 1,169 1,231 1,255
EPS in Rs 15.42 16.16 17.19 15.61 14.08 17.14 19.95 6.17 8.26 17.44 19.19 20.20 20.60
Dividend Payout % 24% 24% 25% 28% 39% 40% 43% 58% 61% 52% 57% 57%
Compounded Sales Growth
10 Years: 6%
5 Years: 5%
3 Years: 11%
TTM: 8%
Compounded Profit Growth
10 Years: 2%
5 Years: 0%
3 Years: 30%
TTM: 9%
Stock Price CAGR
10 Years: 6%
5 Years: 6%
3 Years: 8%
1 Year: -7%
Return on Equity
10 Years: 10%
5 Years: 9%
3 Years: 10%
Last Year: 11%

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 130 195 195 195 195 244 305 305 305 305 305 305 305
Reserves 6,151 6,790 7,441 8,151 8,651 9,130 10,063 9,760 9,899 10,473 10,940 11,508 11,863
0 0 0 0 0 0 701 0 618 641 700 888 867
970 1,065 1,055 1,084 1,095 1,332 1,538 1,502 1,373 1,384 1,336 1,165 1,214
Total Liabilities 7,251 8,050 8,691 9,430 9,941 10,706 12,607 11,567 12,195 12,802 13,281 13,865 14,249
2,720 3,009 3,242 2,800 3,370 3,648 4,195 4,969 5,302 5,391 5,325 5,720 5,859
CWIP 188 231 301 513 507 671 625 938 920 748 826 892 898
Investments 482 864 1,155 1,358 1,374 1,389 1,403 1,444 1,495 1,436 1,443 1,334 1,334
3,861 3,946 3,994 4,759 4,690 4,998 6,385 4,216 4,478 5,228 5,686 5,919 6,159
Total Assets 7,251 8,050 8,691 9,430 9,941 10,706 12,607 11,567 12,195 12,802 13,281 13,865 14,249

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
920 746 1,106 -1,045 1,858 1,328 -2,052 4,269 1,024 1,341 1,382 1,369
-504 -806 -762 -428 -616 -754 1,509 -2,881 28 -1,060 -604 -683
-257 -304 -308 -315 -358 -500 481 -1,447 -443 -577 -839 -805
Net Cash Flow 159 -365 37 -1,788 884 74 -62 -59 608 -296 -60 -119

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 2 2 2 3 3 4 5 9 9 8 10 14
Inventory Days
Days Payable
Cash Conversion Cycle 2 2 2 3 3 4 5 9 9 8 10 14
Working Capital Days -7 4 -32 -11 11 9 173 -23 -32 -26 -15 -5
ROCE % 20% 19% 18% 16% 14% 15% 16% 14% 8% 13% 14% 14%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
54.80% 54.80% 54.80% 54.80% 54.80% 54.80% 54.80% 54.80% 54.80% 54.80% 54.80% 54.80%
24.85% 23.54% 23.65% 24.06% 24.09% 22.24% 21.57% 20.69% 19.55% 16.63% 16.15% 13.65%
15.59% 16.90% 16.80% 17.85% 17.43% 19.15% 20.49% 21.46% 22.76% 24.88% 24.71% 25.73%
0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.08%
4.65% 4.65% 4.63% 3.18% 3.55% 3.70% 3.02% 2.93% 2.77% 3.57% 4.23% 5.73%
No. of Shareholders 1,35,3281,35,8541,39,3051,27,5291,41,3051,45,1061,30,9761,28,1331,19,8701,36,3221,92,0673,01,984

* 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

Concalls