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 ₹ 4,818 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
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% |
Documents
Announcements
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 1d
-
Intimation Under Regulation 7(1) Of The SEBI (LODR Regulations) 2015.
2d - Appointment of KFin Technologies as Registrar & Share Transfer Agent.
-
Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations 2015
2d - Code of conduct for insider trading compliance.
-
Closure of Trading Window
2d - Closure of trading window for insider trading compliance.
- Listing of Equity Shares of Zinka Logistics Solutions Ltd 2d
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.