Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 19 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Accuracy Shipping Limited

About the Company - Accuracy Shipping Limited

Accuracy Shipping Ltd. is a Public Limited Listed company incorporated on 24/10/2008 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L52321GJ2008PLC055322 and registration number is 055322. Currently company belongs to the Industry of Logistics - Warehousing/Supply Chain/Others. Company’s Total Operating Revenue is Rs. 818.09 Cr. and Equity Capital is Rs. 15.06 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Logistics - Warehousing/Supply Chain/OthersASL House, Plot No. 11, Survey No. 42, Kachchh Dist. Gujarat 370110admin@aslindia.net
http://www.aslindia.net
Management
NamePosition Held
Mr. Vinay Dinanath TripathiChairman & Managing Director
Mrs. Rama Vinay TripathiWhole Time Director
Mr. Vikas JainNon Executive Director
Mr. Raj PoddarIndependent Director
Mr. Vishal BisenIndependent Director
Mr. Varun KacholiaIndependent Director

Basic Stock Data of Accuracy Shipping Limited

Last Updated: July 18, 2024, 11:26 pm

Market Cap 192 Cr.
Current Price 12.8
High / Low18.2/7.05
Stock P/E385
Book Value 7.71
Dividend Yield0.20 %
ROCE5.29 %
ROE0.45 %
Face Value 1.00
PEG Ratio-51.92

Data Source: screener.in

Accuracy Shipping Limited Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales86.13113.64134.77160.64189.78218.67255.01248.84238.12212.82177.55142.14207.37
Expenses78.64103.57126.63147.91174.80200.70254.53238.28233.74205.13165.52139.42204.92
Operating Profit7.4910.078.1412.7314.9817.970.4810.564.387.6912.032.722.45
OPM %8.70%8.86%6.04%7.92%7.89%8.22%0.19%4.24%1.84%3.61%6.78%1.91%1.18%
Other Income0.070.070.830.160.430.520.880.200.850.65-0.240.290.66
Interest3.482.90-1.512.481.722.272.373.032.983.542.213.022.74
Depreciation2.912.174.412.863.053.253.352.593.073.543.143.023.20
Profit before tax1.175.076.077.5510.6412.97-4.365.14-0.821.266.44-3.03-2.83
Tax %11.11%30.57%30.81%28.21%34.96%21.43%-0.92%50.58%108.54%107.94%11.34%-23.10%26.50%
Net Profit1.043.524.195.426.9210.19-4.392.540.07-0.105.71-3.72-2.08
EPS in Rs0.070.230.280.360.460.64-0.300.140.03-0.010.38-0.25-0.14

Last Updated: July 10, 2024, 2:34 pm

Accuracy Shipping Limited Quarterly Chart

Accuracy Shipping Limited Profit & Loss

Last Updated: July 10, 2024, 2:34 pm

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales339348375824877715
Expenses314320345776842693
Operating Profit252830483522
OPM %7%8%8%6%4%3%
Other Income511210
Interest586101211
Depreciation121612131213
Profit before tax125132712-1
Tax %34%24%29%32%32%
Net Profit849188-3
EPS in Rs0.540.270.591.200.55-0.20
Dividend Payout %0%0%0%416%0%

Accuracy Shipping Limited Profit & Loss Yearly Chart

Accuracy Shipping Limited Growth

Compounded Sales Growth
10 Years:%
5 Years:16%
3 Years:24%
TTM:-19%
Compounded Profit Growth
10 Years:%
5 Years:-43%
3 Years:-62%
TTM:-94%
Stock Price CAGR
10 Years:%
5 Years:27%
3 Years:14%
1 Year:24%
Return on Equity
10 Years:%
5 Years:9%
3 Years:9%
Last Year:0%

Last Updated: July 16, 2024, 6:01 pm

Accuracy Shipping Limited Balance Sheet

Last Updated: July 10, 2024, 2:34 pm

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital151515151515
Reserves545867859295
Borrowings67789011710999
Other Liabilities282927837074
Total Liabilities164180199300286283
Fixed Assets605155567471
CWIP030500
Investments000000
Other Assets104126144240212211
Total Assets164180199300286283

Accuracy Shipping Limited Reserves and Borrowings Chart

Accuracy Shipping Limited Cash Flow

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 0017-194628
Cash from Investing Activity 0-9-13-11-25-9
Cash from Financing Activity 08127-21-19
Net Cash Flow0-14-300

Accuracy Shipping Limited Financial Efficiency Indicators

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days911021036044
Inventory Days5546
Days Payable15858
Cash Conversion Cycle91102103-4333
Working Capital Days65901087259
ROCE %9%12%19%11%

Accuracy Shipping Limited Financial Efficiency Indicators Chart

Accuracy Shipping Limited Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters63.40%63.40%63.40%63.40%63.69%63.69%63.69%63.69%63.69%63.69%63.69%63.69%
FIIs0.00%0.00%0.00%0.00%0.00%9.80%15.32%20.37%9.30%5.54%0.00%0.03%
DIIs12.30%12.30%11.80%11.25%11.25%1.37%1.37%1.32%1.32%1.32%0.00%0.00%
Public24.30%24.29%24.80%25.35%25.07%25.15%19.62%14.63%25.70%29.46%36.31%36.29%
No. of Shareholders1,1672,9462,6653,1084,1233,4994,0656,38411,97515,39629,29847,953

Accuracy Shipping Limited Shareholding Pattern Chart

No. of Accuracy Shipping Limited Shareholders

This stock is not held by any mutual fund

Accuracy Shipping Limited ROCE Trend

Accuracy Shipping Limited EPS Trend

Accuracy Shipping Limited Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.0010.0010.0010.0010.00
Basic EPS (Rs.)0.5512.045.882.705.75
Diluted EPS (Rs.)0.4612.045.882.705.75
Cash EPS (Rs.)1.3720.3514.127.6413.29
Book Value[Excl.RevalReserv]/Share (Rs.)7.6872.1354.6448.8846.15
Book Value[Incl.RevalReserv]/Share (Rs.)7.6872.1354.6448.8846.15
Revenue From Operations / Share (Rs.)58.27547.36248.89231.39224.98
PBDIT / Share (Rs.)2.4031.9720.2219.0219.18
PBIT / Share (Rs.)1.5823.6611.9814.1111.26
PBT / Share (Rs.)0.7917.808.313.598.13
Net Profit / Share (Rs.)0.5412.045.882.745.36
NP After MI And SOA / Share (Rs.)0.5412.025.832.705.35
PBDIT Margin (%)4.115.848.128.218.52
PBIT Margin (%)2.704.324.816.095.00
PBT Margin (%)1.363.253.341.553.61
Net Profit Margin (%)0.932.202.361.182.38
NP After MI And SOA Margin (%)0.932.192.341.162.37
Return on Networth / Equity (%)7.1016.7310.685.5311.60
Return on Capital Employeed (%)17.0023.0813.9118.0316.07
Return On Assets (%)2.876.024.402.234.90
Long Term Debt / Equity (X)0.140.350.560.590.49
Total Debt / Equity (X)0.941.080.910.930.76
Asset Turnover Ratio (%)3.023.311.942.010.00
Current Ratio (X)1.441.632.041.961.74
Quick Ratio (X)1.231.512.021.941.73
Inventory Turnover Ratio (X)0.000.000.00382.220.00
Dividend Payout Ratio (NP) (%)0.002.070.000.006.92
Dividend Payout Ratio (CP) (%)0.001.220.000.002.79
Earning Retention Ratio (%)0.0097.930.000.0093.08
Cash Earning Retention Ratio (%)0.0098.780.000.0097.21
Interest Coverage Ratio (X)3.075.455.511.816.15
Interest Coverage Ratio (Post Tax) (X)1.703.052.601.262.72
Enterprise Value (Cr.)292.67471.75145.1388.54170.68
EV / Net Operating Revenue (X)0.330.570.380.250.50
EV / EBITDA (X)8.119.804.773.095.91
MarketCap / Net Operating Revenue (X)0.220.430.200.050.35
Retention Ratios (%)0.0097.920.000.0093.07
Price / BV (X)1.733.350.910.281.71
Price / Net Operating Revenue (X)0.220.430.200.050.35
EarningsYield0.040.040.110.190.06

Accuracy Shipping Limited Profitability Ratios (%)

Accuracy Shipping Limited Liquidity Ratios

Accuracy Shipping Limited Liquidity Ratios (%)

Accuracy Shipping Limited Interest Coverage Ratios (%)

Accuracy Shipping Limited Valuation Ratios

Strength and Weakness of Accuracy Shipping Limited Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (579.67 cr) and profit (11.33 cr) over the years.
  1. The stock has a low average ROCE of 10.20%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 78.80, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 57.20, which may not be favorable.
  4. The company has higher borrowings (95.00) compared to reserves (76.17), which may suggest financial risk.

FAQ

What is the latest fair value of Accuracy Shipping Limited?

The latest fair value of Accuracy Shipping Limited is ₹0.00.

What is the Market Cap of Accuracy Shipping Limited?

The Market Cap of Accuracy Shipping Limited is 192 Cr..

What is the current Stock Price of Accuracy Shipping Limited as on 19 July 2024?

The current stock price of Accuracy Shipping Limited as on 19 July 2024 is 12.8.

What is the High / Low of Accuracy Shipping Limited stocks in FY 2024?

In FY 2024, the High / Low of Accuracy Shipping Limited stocks is 18.2/7.05.

What is the Stock P/E of Accuracy Shipping Limited?

The Stock P/E of Accuracy Shipping Limited is 385.

What is the Book Value of Accuracy Shipping Limited?

The Book Value of Accuracy Shipping Limited is 7.71.

What is the Dividend Yield of Accuracy Shipping Limited?

The Dividend Yield of Accuracy Shipping Limited is 0.20 %.

What is the ROCE of Accuracy Shipping Limited?

The ROCE of Accuracy Shipping Limited is 5.29 %.

What is the ROE of Accuracy Shipping Limited?

The ROE of Accuracy Shipping Limited is 0.45 %.

What is the Face Value of Accuracy Shipping Limited?

The Face Value of Accuracy Shipping Limited is 1.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Accuracy Shipping Limited. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE