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Tara Chand Infra.

₹399.7 0 | 0%

Market Cap ₹606 Cr.

Stock P/E 36.0

P/B 6.5

Current Price ₹399.7

Book Value ₹ 61.8

Face Value 10

52W High ₹468

Dividend Yield 0%

52W Low ₹ 79.5

Tara Chand Infra. Research see more...

Overview Inc. Year: 2012Industry: Logistics

Tara Chand Logistic Solutions Ltd engages inside the steel material handling and warehousing commercial enterprise in India. It operates through Transport & Handling Services, Equipment Rental Services, and Steel Processing & Distribution segments. The organisation has a fleet of 352 cranes and different gadget, which include piling rigs, all-terrain telescopic cranes, lorry loaders, pullers and trailers, mobile lattice booms, gantry /goliath cranes, PIC-N-carry cranes, crawler cranes, concrete growth placers, and cement batching plants. It serves energy, windmill, refinery, metallic, and urban infrastructure sectors. The organisation was founded in 1980 and is based in Chandigarh, India.

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Tara Chand Infra. Share Price

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Quarterly Price

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Peer Comparison

Tara Chand Infra. Quarterly Results

#(Fig in Cr.) Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 32 38 33 33 37 39 39 42 44 46
Other Income 0 1 0 1 2 1 1 1 0 0
Total Income 32 39 33 33 39 39 40 43 45 47
Total Expenditure 24 29 23 24 27 28 27 29 30 30
Operating Profit 8 10 10 9 12 11 13 14 15 17
Interest 3 2 2 2 2 2 2 2 2 2
Depreciation 6 5 5 5 6 7 7 8 8 6
Exceptional Income / Expenses 0 0 0 0 0 1 0 0 0 0
Profit Before Tax -0 3 3 2 4 4 4 3 5 9
Provision for Tax -0 1 1 1 1 1 1 1 1 3
Profit After Tax -0 2 2 2 3 3 4 3 3 6
Adjustments 0 0 0 -0 0 0 -0 0 0 0
Profit After Adjustments -0 2 2 2 3 3 4 3 3 6
Adjusted Earnings Per Share -0.2 1.4 1.5 1.2 2.2 1.9 2.7 1.9 2.4 4.2

Tara Chand Infra. Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 22 24 39 46 52 81 101 115 110 128 141 171
Other Income 0 0 0 1 1 2 1 0 2 2 4 2
Total Income 23 24 39 46 53 83 102 115 113 130 145 175
Total Expenditure 18 18 30 36 41 66 80 80 76 98 103 116
Operating Profit 5 6 9 10 12 17 21 36 37 32 42 59
Interest 2 2 4 3 3 4 5 8 9 9 8 8
Depreciation 2 3 5 5 4 6 10 17 22 23 22 29
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 -2 3 1 0
Profit Before Tax 1 1 1 2 4 6 7 11 3 3 13 21
Provision for Tax 0 0 0 1 1 2 2 3 0 1 3 6
Profit After Tax 1 1 1 1 3 5 5 8 3 2 9 16
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 1 1 1 3 5 5 8 3 2 9 16
Adjusted Earnings Per Share 0 0 0 0 0 3.4 3.5 5.8 1.9 1.7 6.9 11.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 10% 7% 12% 20%
Operating Profit CAGR 31% 5% 20% 24%
PAT CAGR 350% 4% 12% 25%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 349% 119% 59% NA%
ROE Average 15% 8% 10% 11%
ROCE Average 13% 10% 11% 12%

Tara Chand Infra. Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 6 11 11 12 15 41 46 52 55 57 72
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 5 14 22 19 27 34 26 56 66 49 46
Other Non-Current Liabilities -0 6 1 0 4 11 28 47 46 40 54
Total Current Liabilities 10 14 14 15 20 31 36 41 52 56 54
Total Liabilities 21 45 48 46 66 117 136 196 219 203 226
Fixed Assets 13 30 30 28 39 64 85 131 139 124 144
Other Non-Current Assets 0 0 1 0 0 0 1 0 0 1 2
Total Current Assets 7 14 17 18 28 52 50 65 80 78 81
Total Assets 21 45 48 46 66 117 136 196 219 203 226

Tara Chand Infra. Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 0 1 2 2 4 6 17 5 9 3 3
Cash Flow from Operating Activities 4 8 0 10 8 11 26 41 12 34 49
Cash Flow from Investing Activities -15 -20 -5 -1 -14 -31 -29 -63 -29 -13 -26
Cash Flow from Financing Activities 12 13 5 -6 8 30 -8 26 10 -21 -9
Net Cash Inflow / Outflow 1 1 0 2 2 11 -12 4 -7 0 13
Closing Cash & Cash Equivalent 1 2 2 4 6 17 5 9 3 3 16

Tara Chand Infra. Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0 0 0 0 0 3.38 3.48 5.84 1.88 1.74 6.86
CEPS(Rs) 5.25 4.06 5.71 6.26 7.51 8.03 10.84 18.44 18.22 18.71 23.32
DPS(Rs) 0 0 0 0 0 0 0 0.75 0 0 0
Book NAV/Share(Rs) 0 0 0 0 0 29.97 33.46 38.39 40.27 42.01 48.87
Core EBITDA Margin(%) 19.77 22.97 23.34 20.22 20.29 18.55 20.39 30.65 31.03 23.6 27.23
EBIT Margin(%) 10.7 10.49 12.1 11.17 14.07 13.16 11.25 16.04 11.05 9.92 14.48
Pre Tax Margin(%) 3.6 4.12 2.55 3.89 7.76 7.93 6.54 9.18 2.77 2.52 8.99
PAT Margin (%) 2.49 2.75 1.77 2.6 5.35 5.69 4.7 6.95 2.33 1.85 6.63
Cash Profit Margin (%) 11.99 15.91 13.64 12.78 13.53 13.53 14.64 21.95 22.58 19.91 22.55
ROA(%) 2.72 2.01 1.5 2.53 4.92 5.04 3.76 4.8 1.24 1.12 4.36
ROE(%) 9.82 8.07 6.35 10.04 20.01 16.41 10.97 16.25 4.78 4.23 15.09
ROCE(%) 14.25 9.42 11.83 11.85 14.68 13.96 11.77 15.63 8.15 8.17 13.17
Receivable days 87.89 114.44 101.48 89.77 86.73 96.96 115.28 125.51 176.73 178.13 149.97
Inventory Days 0 1.52 2.67 4.88 7.69 7.95 9.66 10.54 14.43 12.76 8.55
Payable days 188.86 120.72 80.03 84.92 69.82 75.68 94.42 128.76 171.14 186.35 134.22
PER(x) 0 0 0 0 0 14.66 10.58 5.94 17.59 28.75 12.4
Price/Book(x) 0 0 0 0 0 1.65 1.1 0.9 0.82 1.19 1.74
Dividend Yield(%) 0 0 0 0 0 0 0 2.16 0 0 0
EV/Net Sales(x) 0.69 1.38 1.01 0.77 0.86 1.3 0.95 1.08 1.34 1.24 1.32
EV/Core EBITDA(x) 3.42 5.83 4.23 3.59 3.87 6.2 4.49 3.48 4.04 4.91 4.46
Net Sales Growth(%) 0 5.9 63.77 17.17 13.25 56.43 24.71 13.58 -3.98 16.42 10.04
EBIT Growth(%) 0 3.83 88.98 8.15 42.63 46.41 6.56 61.94 -33.82 4.51 60.59
PAT Growth(%) 0 17.12 5.52 71.69 133.1 66.4 3.05 67.83 -67.81 -7.45 294.28
EPS Growth(%) 0 0 0 0 0 0 3.05 67.83 -67.81 -7.45 294.29
Debt/Equity(x) 1.96 2.43 2.89 2.42 2.72 1.35 1.12 1.64 1.92 1.64 1.31
Current Ratio(x) 0.71 1 1.22 1.22 1.4 1.7 1.39 1.58 1.55 1.4 1.48
Quick Ratio(x) 0.71 1 1.19 1.17 1.33 1.63 1.3 1.5 1.44 1.33 1.43
Interest Cover(x) 1.51 1.65 1.27 1.53 2.23 2.51 2.39 2.34 1.34 1.34 2.64
Total Debt/Mcap(x) 0 0 0 0 0 0.82 1.02 1.82 2.33 1.37 0.75

Tara Chand Infra. Shareholding Pattern

# Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024
Promoter 72.73 72.73 74.39 74.59 74.65 74.53 74.71 74.71 73.34 69.68
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 27.27 27.27 25.61 25.41 25.35 25.47 25.29 25.29 26.66 30.32
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 186.35 to 134.22days.
  • Company has reduced debt.

Cons

  • Company has a low return on equity of 8% over the last 3 years.
  • Stock is trading at 6.5 times its book value.

* 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.

Tara Chand Infra. News

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