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

Fundamental Analysis of Tara Chand Infralogistic Solutions Ltd

About the Company - Tara Chand Infralogistic Solutions Ltd

Tara Chand InfraLogistic Solutions Ltd. is a Public Limited Listed company incorporated on 10/02/2012 and has its registered office in the State of Chandigarh, India. Company’s Corporate Identification Number(CIN) is L63090CH2012PLC033556 and registration number is 033556. Currently Company is involved in the business activities of Rental of private cars with driver. Company’s Total Operating Revenue is Rs. 128.19 Cr. and Equity Capital is Rs. 13.65 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Logistics - Warehousing/Supply Chain/Others342, Industrial Area, Chandigarh Chandigarh 160002cs@tarachandindia.in
http://www.tarachandindia.in
Management
NamePosition Held
Mr. Vinay KumarManaging Director
Mr. Ajay KumarWhole Time Director
Mr. Himanshu AggarwalExecutive Director & CFO
Mrs. Prerna Sandeep AgarwalNon Executive Director
Ms. Neelam Pradeep KasniIndependent Woman Director
Mr. Sant Kumar JoshiIndependent Director
Mr. Kapoli Divakar HebbarIndependent Director
Mr. Ashok Kumar GoelIndependent Director
Mr. Suresh Kumar ThaparIndependent Director

Tara Chand InfraLogistic Solutions Ltd. Share Price Update

Share PriceValue
Today₹169.95
Previous Day₹167.15

Basic Stock Data of Tara Chand Infralogistic Solutions Ltd

Market Cap 237 Cr.
Current Price 168
High / Low214/76.3
Stock P/E20.1
Book Value 56.3
Dividend Yield0.00 %
ROCE10.7 %
ROE10.2 %
Face Value 10.0

Data Source: screener.in

Competitors of Tara Chand Infralogistic Solutions Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Shree Vasu Logistics Ltd 279 Cr. 243265/12588.0 26.60.00 %17.5 %7.47 % 10.0
Navkar Corporation Ltd 1,754 Cr. 116125/44.4351 1320.00 %3.00 %4.06 % 10.0
TCI Express Ltd 4,621 Cr. 1,2051,701/1,19533.4 1720.66 %32.6 %24.6 % 2.00
Aegis Logistics Ltd 15,311 Cr. 436469/28029.8 1041.32 %15.9 %15.9 % 1.00
Sical Logistics Ltd 1,729 Cr. 265301/97.0 4.810.00 %4.05 %% 10.0
Industry Average60 Cr212.2100.4487.880.4%14.61%10.41%6.6

Tara Chand Infralogistic Solutions Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales23.9929.9339.4830.6028.3331.7237.9232.6532.7136.8738.8438.9742.21
Expenses16.6718.8927.1721.3723.6524.3828.5222.8424.2527.4228.1626.9029.45
Operating Profit7.3211.0412.319.234.687.349.409.818.469.4510.6812.0712.76
OPM %30.51%36.89%31.18%30.16%16.52%23.14%24.79%30.05%25.86%25.63%27.50%30.97%30.23%
Other Income0.090.31-1.580.043.560.660.970.170.652.071.591.200.74
Interest1.702.602.912.392.342.522.252.031.881.891.951.572.03
Depreciation5.215.356.495.786.025.925.435.135.015.676.657.248.08
Profit before tax0.503.401.331.10-0.12-0.442.692.822.223.963.674.463.39
Tax %-24.00%21.47%1.50%30.91%83.33%27.27%26.77%25.53%27.93%23.48%28.88%14.80%20.65%
Net Profit0.622.671.310.75-0.02-0.331.972.101.603.032.623.802.69
EPS in Rs0.451.960.960.55-0.01-0.241.441.541.172.221.922.691.90

Tara Chand Infralogistic Solutions Ltd Quarterly Chart

Tara Chand Infralogistic Solutions Ltd Profit & Loss

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales465281101115110128141157
Expenses37416680797698103112
Operating Profit91115213534303845
OPM %19%20%19%21%31%31%24%27%29%
Other Income112100646
Interest3345891087
Depreciation546101722232228
Profit before tax246711331315
Tax %33%31%28%28%24%16%26%26%
Net Profit1355832912
EPS in Rs1.282.973.383.485.841.881.746.868.73
Dividend Payout %0%0%0%0%13%0%0%0%

Tara Chand Infralogistic Solutions Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)200.00%66.67%0.00%60.00%-62.50%-33.33%350.00%
Change in YoY Net Profit Growth (%)0.00%-133.33%-66.67%60.00%-122.50%29.17%383.33%

Tara Chand Infralogistic Solutions Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:12%
3 Years:7%
TTM:17%
Compounded Profit Growth
10 Years:%
5 Years:7%
3 Years:-7%
TTM:35%
Stock Price CAGR
10 Years:%
5 Years:42%
3 Years:75%
1 Year:96%
Return on Equity
10 Years:%
5 Years:8%
3 Years:4%
Last Year:10%

Tara Chand Infralogistic Solutions Ltd Balance Sheet

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital9914141414141414
Reserves3627323941445566
Borrowings3041555186105948789
Other Liabilities41021395859527166
Total Liabilities4666117136196219203226235
Fixed Assets28396485131139124144163
CWIP000000000
Investments000000000
Other Assets182853516580808372
Total Assets4666117136196219203226235

Tara Chand Infralogistic Solutions Ltd Reserves and Borrowings Chart

Tara Chand Infralogistic Solutions Ltd Cash Flow

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 8112641123449
Cash from Investing Activity -14-31-29-63-29-13-26
Cash from Financing Activity 830-82610-21-9
Net Cash Flow211-124-7013

Tara Chand Infralogistic Solutions Ltd Financial Efficiency Indicators

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days82101130127140208178139
Inventory Days3553478011415911779
Days Payable847310772158203153142
Cash Conversion Cycle3481701359616414276
Working Capital Days38111115123144214182132
ROCE %13%14%12%16%9%5%11%

Tara Chand Infralogistic Solutions Ltd Financial Efficiency Indicators Chart

Tara Chand Infralogistic Solutions Ltd Share Holding Pattern

MonthSep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Apr 2023Sep 2023
Promoters72.73%72.73%72.73%72.73%74.39%74.59%74.65%74.53%74.71%74.71%74.39%73.34%
Public27.28%27.27%27.27%27.27%25.61%25.41%25.36%25.47%25.29%25.29%25.61%26.66%
No. of Shareholders681619579534484468440448437513514564

Tara Chand Infralogistic Solutions Ltd Shareholding Pattern Chart

No. of Tara Chand Infralogistic Solutions Ltd Shareholders

This stock is not held by any mutual fund

Tara Chand Infralogistic Solutions Ltd ROCE Trend

Tara Chand Infralogistic Solutions Ltd EPS Trend

Tara Chand Infralogistic Solutions Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)6.861.741.885.843.48
Diluted EPS (Rs.)6.861.741.885.843.48
Cash EPS (Rs.)23.3218.7118.2218.4410.84
Book Value[Excl.RevalReserv]/Share (Rs.)51.2742.0140.2738.3933.46
Book Value[Incl.RevalReserv]/Share (Rs.)51.2742.0140.2738.3933.46
Dividend / Share (Rs.)0.000.000.000.750.00
Revenue From Operations / Share (Rs.)103.3893.9581.7384.0473.94
PBDIT / Share (Rs.)30.7223.7626.8026.0815.66
PBIT / Share (Rs.)14.266.7910.4613.488.30
PBT / Share (Rs.)9.292.362.247.714.84
Net Profit / Share (Rs.)6.861.741.885.843.48
PBDIT Margin (%)29.7125.2832.7831.0321.18
PBIT Margin (%)13.797.2212.7916.0311.23
PBT Margin (%)8.982.512.739.176.54
Net Profit Margin (%)6.631.852.296.944.70
Return on Networth / Equity (%)13.374.134.6615.2010.39
Return on Capital Employeed (%)11.316.298.3011.8711.38
Return On Assets (%)4.131.161.174.063.49
Long Term Debt / Equity (X)0.650.861.281.060.57
Total Debt / Equity (X)1.241.641.921.641.12
Asset Turnover Ratio (%)0.650.600.530.690.79
Current Ratio (X)1.481.421.691.471.39
Quick Ratio (X)1.431.361.581.381.30
Dividend Payout Ratio (NP) (%)0.000.000.0012.840.00
Dividend Payout Ratio (CP) (%)0.000.000.004.060.00
Earning Retention Ratio (%)0.000.000.0087.160.00
Cash Earning Retention Ratio (%)0.000.000.0095.940.00
Interest Coverage Ratio (X)5.413.414.014.524.52
Interest Coverage Ratio (Post Tax) (X)2.080.881.512.012.00
Enterprise Value (Cr.)186.74159.09146.62124.0296.13
EV / Net Operating Revenue (X)1.321.241.311.080.95
EV / EBITDA (X)4.464.914.013.484.50
MarketCap / Net Operating Revenue (X)0.820.530.400.410.49
Retention Ratios (%)0.000.000.0087.150.00
Price / BV (X)1.661.190.820.901.10
Price / Net Operating Revenue (X)0.820.530.400.410.49
EarningsYield0.080.030.050.160.09

Tara Chand Infralogistic Solutions Ltd Profitability Ratios (%)

Tara Chand Infralogistic Solutions Ltd Liquidity Ratios

Tara Chand Infralogistic Solutions Ltd Liquidity Ratios (%)

Tara Chand Infralogistic Solutions Ltd Interest Coverage Ratios (X)

Tara Chand Infralogistic Solutions Ltd Valuation Ratios

Fair Value / Intrinsic Value of Tara Chand Infralogistic Solutions Ltd

Fair Value: ₹117.73

The stock is overvalued by 29.92% compared to the current price ₹168

*Investments are subject to market risks

Strength and Weakness of Tara Chand Infralogistic Solutions Ltd

StrengthWeakness
  1. The company has shown consistent growth in sales (103.44 cr) and profit (7.11 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 24.60 and average Dividend Yield of 12.21%.
  2. The stock has a low average ROCE of 10.00%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 132.38, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 99.75, which may not be favorable.
  5. The company has higher borrowings (70.89) compared to reserves (34.78), which may suggest financial risk.

Should I Buy Tara Chand Infralogistic Solutions Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Tara Chand Infralogistic Solutions Ltd:
    1. Net Profit Margin: 6.63%
      • 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: 11.31% (Industry Average ROCE: 6.65%)
      • 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): 2.08
      • 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: 1.43
      • 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: 20.0 (Industry average Stock P/E: 97.52)
      • 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: 1.24
      • 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.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

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 Tara Chand Infralogistic Solutions 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