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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Patel Integrated Logistics Ltd

About the Company - Patel Integrated Logistics Ltd

Patel Integrated Logistics Ltd. is a Public Limited Listed company incorporated on 22/06/1962 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L71110MH1962PLC012396 and registration number is 012396. Currently Company is involved in the business activities of Cargo handling incidental to air transport. Company’s Total Operating Revenue is Rs. 234.01 Cr. and Equity Capital is Rs. 36.04 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Logistics - Warehousing/Supply Chain/Others'Patel House', 5th Floor, Mumbai Maharashtra 400054pill_investorservices@patel-india.com
http://www.patel-india.com
Management
NamePosition Held
Mr. Asgar S PatelChairman Emeritus
Mr. Hari NairNon Exe.Non Ind.Director
Ms. Jasmin LallaExecutive Director
Ms. Bindiya RaichuraIndependent Director
Mr. Mahesh FoglaExecutive Director
Mr. Farukh S WadiaIndependent Director
Mr. Ramakant K KadamIndependent Director

Patel Integrated Logistics Ltd. Share Price Update

Share PriceValue
Today₹22.20
Previous Day₹22.08

Basic Stock Data of Patel Integrated Logistics Ltd

Market Cap 164 Cr.
Current Price 25.5
High / Low28.9/10.5
Stock P/E31.4
Book Value 18.5
Dividend Yield0.39 %
ROCE5.99 %
ROE4.17 %
Face Value 10.0

Data Source: screener.in

Competitors of Patel Integrated Logistics Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Tara Chand Infralogistic Solutions Ltd 237 Cr. 168214/76.320.1 56.30.00 %10.7 %10.2 % 10.0
Sical Logistics Ltd 1,729 Cr. 265301/97.0 4.810.00 %4.05 %% 10.0
TCI Express Ltd 4,621 Cr. 1,2051,701/1,19533.4 1720.66 %32.6 %24.6 % 2.00
Navkar Corporation Ltd 1,754 Cr. 116125/44.4351 1320.00 %3.00 %4.06 % 10.0
Aegis Logistics Ltd 15,311 Cr. 436469/28029.8 1041.32 %15.9 %15.9 % 1.00
Industry Average51.6 Cr197.286.8693.820.4%13.25%10.95%6.6

Patel Integrated Logistics Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales72.7972.1451.0757.5460.4665.0471.4981.5061.1564.1461.0566.8576.81
Expenses71.8069.0550.5056.2358.3461.5468.8678.4458.1262.5859.0864.5774.73
Operating Profit0.993.090.571.312.123.502.633.063.031.561.972.282.08
OPM %1.36%4.28%1.12%2.28%3.51%5.38%3.68%3.75%4.96%2.43%3.23%3.41%2.71%
Other Income1.660.770.690.730.850.430.510.470.130.950.370.370.69
Interest2.021.951.501.351.271.221.271.441.360.710.610.600.57
Depreciation0.590.580.550.680.680.720.770.740.710.700.700.710.70
Profit before tax0.041.33-0.790.011.021.991.101.351.091.101.031.341.50
Tax %0.00%25.56%-2.53%-100.00%9.80%-7.04%-0.91%8.15%-7.34%-24.55%-0.97%0.00%0.67%
Net Profit0.030.98-0.810.030.922.141.111.251.171.371.041.341.49
EPS in Rs0.000.15-0.120.000.140.320.170.190.180.210.160.210.23

Patel Integrated Logistics Ltd Quarterly Chart

Patel Integrated Logistics Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales452579543588511454424448347212234278253
Expenses437562527568490436406433339207227268245
Operating Profit1617162022181715858109
OPM %3%3%3%3%4%4%4%3%2%2%3%4%3%
Other Income11123556165322
Interest7999987878553
Depreciation4545445542333
Profit before tax54381110117130255
Tax %46%37%24%25%24%25%23%15%16%79%-2%-5%
Net Profit32268886110255
EPS in Rs0.440.400.390.991.321.241.250.961.630.010.340.760.76
Dividend Payout %68%32%32%13%9%10%15%13%2%521%16%13%

Patel Integrated Logistics Ltd Profit & Loss Yearly Chart

Patel Integrated Logistics Ltd Growth

Compounded Sales Growth
10 Years:-7%
5 Years:-8%
3 Years:-7%
TTM:-4%
Compounded Profit Growth
10 Years:6%
5 Years:-10%
3 Years:15%
TTM:-8%
Stock Price CAGR
10 Years:14%
5 Years:9%
3 Years:26%
1 Year:95%
Return on Equity
10 Years:4%
5 Years:3%
3 Years:2%
Last Year:4%

Patel Integrated Logistics Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital15151515161617171726366565
Reserves73747575889911111210291815354
Borrowings43514548616268766162483121
Other Liabilities51575648372232232612142325
Total Liabilities182197192187202199228227205190179172165
Fixed Assets48514842405258605153575555
CWIP0000024221000
Investments32222121614119655
Other Assets130144141142160133150151142127116112105
Total Assets182197192187202199228227205190179172165

Patel Integrated Logistics Ltd Reserves and Borrowings Chart

Patel Integrated Logistics Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 1011169-0156-3-1659-4
Cash from Investing Activity -5-5-5-1-1-18-111404-11
Cash from Financing Activity -6-4-15-814-34-7-183-423
Net Cash Flow-12-4013-6-2-9712420

Patel Integrated Logistics Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days68585856677089819312410097
Inventory Days
Days Payable
Cash Conversion Cycle68585856677089819312410097
Working Capital Days474245466268778510414712584
ROCE %10%10%9%12%13%11%10%8%6%4%4%6%

Patel Integrated Logistics Ltd Financial Efficiency Indicators Chart

Patel Integrated Logistics Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters42.80%39.35%39.35%40.75%41.08%41.08%39.86%39.54%39.49%39.17%37.31%36.85%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.25%0.00%0.00%0.01%0.08%0.03%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.62%
Public57.20%60.65%60.65%59.25%58.92%58.92%59.88%60.47%60.51%60.83%62.61%62.50%
No. of Shareholders18,69120,31519,96821,82927,01827,40228,88129,62829,40226,87827,89131,656

Patel Integrated Logistics Ltd Shareholding Pattern Chart

No. of Patel Integrated Logistics Ltd Shareholders

This stock is not held by any mutual fund

Patel Integrated Logistics Ltd ROCE Trend

Patel Integrated Logistics Ltd EPS Trend

Patel Integrated Logistics Ltd Key Financial Ratios

MonthMar 18Mar 17
FaceValue10.0010.00
Basic EPS (Rs.)4.994.95
Diluted EPS (Rs.)4.994.67
Cash EPS (Rs.)7.817.60
Book Value[Excl.RevalReserv]/Share (Rs.)77.0272.55
Book Value[Incl.RevalReserv]/Share (Rs.)77.0272.55
Revenue From Operations / Share (Rs.)256.22285.74
PBDIT / Share (Rs.)13.6714.37
PBIT / Share (Rs.)10.7911.71
PBT / Share (Rs.)6.446.57
Net Profit / Share (Rs.)4.934.95
NP After MI And SOA / Share (Rs.)4.934.95
PBDIT Margin (%)5.335.02
PBIT Margin (%)4.214.09
PBT Margin (%)2.512.29
Net Profit Margin (%)1.921.73
NP After MI And SOA Margin (%)1.921.73
Return on Networth / Equity (%)6.406.81
Return on Capital Employeed (%)11.6113.43
Return On Assets (%)3.573.94
Long Term Debt / Equity (X)0.160.15
Total Debt / Equity (X)0.460.48
Asset Turnover Ratio (%)1.980.00
Current Ratio (X)2.002.16
Quick Ratio (X)2.002.16
Dividend Payout Ratio (NP) (%)0.0010.10
Dividend Payout Ratio (CP) (%)0.006.57
Earning Retention Ratio (%)0.0089.90
Cash Earning Retention Ratio (%)0.0093.43
Interest Coverage Ratio (X)3.142.79
Interest Coverage Ratio (Post Tax) (X)2.131.96
Enterprise Value (Cr.)133.75175.99
EV / Net Operating Revenue (X)0.310.38
EV / EBITDA (X)5.927.71
MarketCap / Net Operating Revenue (X)0.210.30
Retention Ratios (%)0.0089.89
Price / BV (X)0.711.20
Price / Net Operating Revenue (X)0.210.30
EarningsYield0.080.05

Patel Integrated Logistics Ltd Profitability Ratios (%)

Patel Integrated Logistics Ltd Liquidity Ratios

Patel Integrated Logistics Ltd Liquidity Ratios (%)

Patel Integrated Logistics Ltd Interest Coverage Ratios (%)

Patel Integrated Logistics Ltd Valuation Ratios

Fair Value / Intrinsic Value of Patel Integrated Logistics Ltd

Fair Value: ₹24.32

The stock is overvalued by 4.64% compared to the current price ₹25.5

*Investments are subject to market risks

Strength and Weakness of Patel Integrated Logistics Ltd

StrengthWeakness
  1. The company has higher reserves (83.69 cr) compared to borrowings (52.08 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (409.46 cr) and profit (6.46 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 11.25 and average Dividend Yield of 4.15%.
  2. The stock has a low average ROCE of 8.58%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 77.67, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 80.08, which may not be favorable.

Should I Buy Patel Integrated Logistics Ltd Share Now?

  • Based on the analysis of various financial indicators, it may be worth considering investment in Patel Integrated Logistics Ltd:
    1. Net Profit Margin: 1.92% (Higher values are generally favorable)
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 11.61% (Industry Average ROCE: 9.68%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 2.13 (Higher values, preferably > 2, are recommended)
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 2.00 (Higher values, preferably > 1, are recommended)
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✓ Stock P/E: 31.4 (Industry average Stock P/E: 44.1)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.46 (Lower values, preferably < 1, are preferred)
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    While these metrics suggest potential opportunity, it's essential to conduct thorough research or seek advice from financial experts before making any investment decisions.

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 Patel Integrated Logistics Ltd. 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