Varun Shipping Company Ltd

Varun Shipping Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Varun Shipping Company Ltd

₹ 9.76 4.95%
29 Jul 2015
varunship.com BSE: 500465 NSE: VARUNSHIP
About

Varun Shipping Company Limited is an India-based shipping company. The Company provides shipping solutions across the entire hydrocarbon product chain. It provides support services to the oil exploration industry.

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Website BSE NSE
  • Market Cap ₹ Cr.
  • Current Price ₹ 9.76
  • High / Low ₹ /
  • Stock P/E
  • Book Value ₹ 6.12
  • Dividend Yield 0.00 %
  • ROCE 3.47 %
  • ROE -31.3 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company has been maintaining a healthy dividend payout of 65.5%

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -7.10% over past five years.
  • Company has a low return on equity of -31.2% over last 3 years.
  • Company has high debtors of 614 days.
  • Company's cost of borrowing seems high

* 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: Shipping Industry: Shipping

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2011 Mar 2012 Jun 2012 Sep 2012 Dec 2012 Mar 2013 Jun 2013 Sep 2013 Dec 2013 Mar 2014 Jun 2014 Sep 2014 Dec 2014
79 80 154 86 56 45 56 36 7 -25 0 0 30
73 21 -29 67 54 46 54 45 176 37 69 55 53
Operating Profit 6 59 183 19 3 -1 2 -9 -169 -62 -69 -55 -23
OPM % 8% 74% 119% 22% 5% -2% 3% -25% -2,301% -75%
127 -141 25 -72 41 5 53 34 -14 -11 -1 -7 -8
Interest 23 34 41 48 41 35 31 51 45 35 39 39 51
Depreciation 27 23 22 15 17 17 22 29 27 12 25 25 26
Profit before tax 82 -139 145 -116 -14 -48 2 -55 -255 -119 -135 -126 -108
Tax % 0% -0% 0% 0% 0% 0% 0% 0% 0% 1% 0% 0% 0%
82 -138 145 -116 -14 -48 2 -55 -255 -120 -135 -126 -108
EPS in Rs 5.50 -9.23 9.68 -7.74 -0.93 -3.18 0.14 -3.66 -17.02 -8.00 -9.00 -8.39 -7.19
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Sep 2012 18m TTM
643 673 945 915 666 491 466 5
256 349 372 528 663 810 702 214
Operating Profit 387 323 573 386 3 -319 -236 -209
OPM % 60% 48% 61% 42% 0% -65% -51% -4,056%
1 101 7 157 481 730 779 -27
Interest 76 111 140 145 193 216 360 164
Depreciation 130 166 212 271 236 178 144 88
Profit before tax 183 148 228 127 54 17 38 -488
Tax % 1% 4% 1% 3% 77% 12% -2%
181 141 226 123 13 15 38 -489
EPS in Rs 9.90 15.05 8.19 0.84 0.98 2.56 -32.58
Dividend Payout % 29% 45% 33% 61% 96% 81% 20%
Compounded Sales Growth
10 Years: %
5 Years: -7%
3 Years: -20%
TTM: -96%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -10%
Stock Price CAGR
10 Years: 5%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: -12%
3 Years: -31%
Last Year: -31%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Sep 2012 Sep 2014
Equity Capital 117 143 150 150 150 150 150 150
Reserves 358 581 765 663 662 663 692 -58
1,328 1,793 2,201 2,847 2,739 2,704 1,343 1,023
95 105 157 182 175 330 567 1,005
Total Liabilities 1,897 2,622 3,272 3,843 3,726 3,847 2,753 2,120
1,760 2,444 3,130 3,536 2,947 1,892 653 567
CWIP 0 0 0 0 0 0 0 0
Investments 21 21 21 21 42 27 50 349
116 157 122 286 737 1,927 2,049 1,204
Total Assets 1,897 2,622 3,272 3,843 3,726 3,847 2,753 2,120

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Sep 2012
410 323 671 295 -87 370 -358
-1,066 -798 -906 -649 355 -118 2,394
617 474 238 409 -327 -270 -1,718
Net Cash Flow -39 -1 2 56 -59 -18 319

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Sep 2012
Debtor Days 27 29 22 25 182 106 614
Inventory Days
Days Payable
Cash Conversion Cycle 27 29 22 25 182 106 614
Working Capital Days -8 9 -28 4 289 595 414
ROCE % 10% 13% 6% 0% -3% 3%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

Documents

Announcements

Annual reports

DRHP