Past 10 year's financial track record analysis by Moneyworks4me indicates that Brace Port Logistics Ltd is a average quality company.
The key valuation ratios of Brace Port Logistics Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Brace Port Logistics Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation Index Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 18.8% | 149.4% | 123.1% | 56.8% | - |
| Value Creation Index ⓘ | 0.3 | 9.7 | 7.8 | 3.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 7 | 54.1 | 70.5 | 55 | 55 |
| Sales YoY Gr. | - | 671.2% | 30.1% | -21.9% | - |
| Adj EPS ⓘ | 0.3 | 4 | 7.2 | 5.9 | 4.3 |
| YoY Gr. | - | 1508% | 78.1% | -17.7% | - |
| BVPS (₹) ⓘ | 1.2 | 5.1 | 10.8 | 16.7 | 33.8 |
| Adj Net Profit ⓘ | 0.2 | 3.3 | 5.9 | 4.9 | 5 |
| Cash Flow from Ops. ⓘ | -0.2 | 3.5 | 3.7 | 0.5 | - |
| Debt/CF from Ops. ⓘ | -3.5 | 0 | 0.2 | 0.9 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 98.6% | -21.9% | ||||
| Adj EPS ⓘ | NA | NA | 186.7% | -17.7% | ||||
| BVPSⓘ | NA | NA | 141.8% | 55.1% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 21.5 | 128.1 | 90.3 | 42.9 | 17.2 |
| Op. Profit Mgn % ⓘ | 3.8 | 8.2 | 11.4 | 12.5 | NAN |
| Net Profit Mgn % ⓘ | 3 | 6.1 | 8.4 | 8.8 | 8.9 |
| Debt to Equity ⓘ | 0.7 | 0 | 0.1 | 0 | - |
| Working Cap Days ⓘ | 0 | 36 | 36 | 99 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 0 | 4 | 15 | 0 |
Sales growth is growing at healthy rate in last 3 years 98.61%
Net Profit is growing at healthy rate in last 3 years 186.68%
Return on Equity has declined versus last 3 years average to 17.20%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 4.3 | - |
| TTM Sales (₹ Cr.) | 55 | - |
| BVPS (₹.) ⓘ | 33.8 | - |
| Reserves (₹ Cr.) ⓘ | 27 | - |
| P/BV ⓘ | 2.22 | - |
| PE ⓘ | 17.29 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 84.6 |
| Equity (₹ Cr.) | 11.3 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 35.6 |
| Mar'24 | YoY Gr. Rt. % | Jun'24 | YoY Gr. Rt. % | Sep'24 | YoY Gr. Rt. % | Dec'24 | YoY Gr. Rt. % | |
|---|---|---|---|---|---|---|---|---|
| Sales (₹ Cr.)ⓘ | 183 | -5.7 | 59.4 | -59.2 | 175 | -7.4 | 165 | -11.6 |
| Adj EPS (₹) ⓘ | -1.8 | N/A | -5.3 | N/A | -2.1 | N/A | -7.3 | N/A |
| Op. Profit Mgn % ⓘ | -0.30 | -878 bps | -39.62 | -3346 bps | 0.02 | -616 bps | -15.69 | -1400 bps |
| Net Profit Mgn % ⓘ | -6.64 | -544 bps | -59.91 | -4396 bps | -7.90 | -686 bps | -29.69 | -2005 bps |
| Pledged * | 0.00 |
| Company Name | CMP(₹) | |||||||
|---|---|---|---|---|---|---|---|---|
| Allcargo Logistics | 29 | -1.4 (-4.5%) | Small Cap | 13,188 | 0.4 | 0.4 | 70.2 | 1.2 |
| TVS Supply Chain Sol | 125.3 | -1.9 (-1.5%) | Small Cap | 9,200 | -0.1 | -0.4 | - | 3.1 |
| Mahindra Logistics | 269.1 | -7.6 (-2.7%) | Small Cap | 4,530 | 5.3 | 1.4 | 52.2 | 2.9 |
| Transport Corp. | 1,097.2 | -7.6 (-0.7%) | Small Cap | 4,024 | 52.3 | 8.9 | 21.1 | 4.1 |
| JITF Infralogistics | 381.5 | 7.5 (2%) | Small Cap | 3,284 | 44.5 | 2.4 | 8.4 | -1.7 |
| Aegis Logistics | 778.9 | -30.8 (-3.8%) | Small Cap | 2,980 | 12.2 | 13.5 | 66.2 | 11.1 |
| Western Carriers | 76.2 | -2.1 (-2.7%) | Small Cap | 1,686 | 7.9 | 4.8 | 9.9 | 0.9 |
| Gateway Distriparks | 61.7 | -1.4 (-2.3%) | Small Cap | 1,497 | 4.5 | 16.3 | 14 | 1.6 |
| TCI Express | 641.2 | -14.1 (-2.2%) | Small Cap | 1,254 | 25.5 | 10.5 | 25.7 | 3.3 |
| Ritco Logistics | 276 | -9.8 (-3.4%) | Small Cap | 933 | 15.1 | 3.6 | 18.9 | 2.6 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 7.02 | 54.14 | 70.45 | 55 |
| Operating Expenses ⓘ | 6.75 | 49.82 | 62.46 | 48.13 |
| Manufacturing Costs | 0 | 0.01 | 0.02 | 0.03 |
| Material Costs | 6.47 | 48.41 | 59.99 | 45.96 |
| Employee Cost | 0.04 | 0.31 | 0.75 | 0.88 |
| Other Costs ⓘ | 0.24 | 1.09 | 1.69 | 1.26 |
| Operating Profit ⓘ | 0.27 | 4.32 | 7.99 | 6.87 |
| Operating Profit Margin (%) | 3.8% | 8.0% | 11.3% | 12.5% |
| Other Income ⓘ | 0.04 | 0.06 | 0.48 | 0.24 |
| Interest ⓘ | 0 | 0.04 | 0.06 | 0.13 |
| Depreciation ⓘ | 0 | 0.02 | 0.07 | 0.37 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0.30 | 4.32 | 8.35 | 6.61 |
| Tax ⓘ | 0.08 | 1.09 | 2.17 | 1.72 |
| Profit After Tax | 0.23 | 3.22 | 6.18 | 4.89 |
| PAT Margin (%) | 3.2% | 6.0% | 8.8% | 8.9% |
| Adjusted EPS (₹) | 0.3 | 3.9 | 7.5 | 5.9 |
| Dividend Payout Ratio (%) | 0% | 0% | 24% | 21% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 0.98 | 4.20 | 8.88 | 13.77 | ||||||
| Share Capital ⓘ | 0.75 | 0.75 | 0.75 | 8.25 | ||||||
| Reserves ⓘ | 0.23 | 3.45 | 8.13 | 5.52 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 0.66 | 0 | 0.49 | 0.38 | ||||||
| Long Term Debt | 0 | 0 | 0.49 | 0.38 | ||||||
| Short Term Debt | 0.66 | 0 | 0 | 0 | ||||||
| Trade Payables | 2.18 | 6.29 | 1.35 | 12.84 | ||||||
| Others Liabilities ⓘ | 0.28 | 1.29 | 2.39 | 0.78 | ||||||
| Total Liabilities ⓘ | 4.09 | 11.78 | 13.11 | 27.78 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 0.08 | 0.09 | 1.21 | 1.42 | ||||||
| Accumulated Depreciation | 0 | 0.03 | 0.09 | 0.47 | ||||||
| Net Fixed Assetsⓘ | 0.08 | 0.06 | 1.11 | 0.96 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 0.68 | ||||||
| Investmentsⓘ | 0.76 | 1.43 | 1.56 | 0.76 | ||||||
| Inventories | 0 | 0 | 0 | 0 | ||||||
| Trade Receivables | 2.75 | 6.57 | 3.62 | 17.30 | ||||||
| Cash Equivalents | 0.38 | 2.63 | 4.18 | 1.88 | ||||||
| Others Assetsⓘ | 0.12 | 1.09 | 2.63 | 6.21 | ||||||
| Total Assets ⓘ | 4.09 | 11.78 | 13.11 | 27.78 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -0.19 | 3.53 | 3.70 | 0.52 |
| PBT ⓘ | 0.30 | 4.32 | 8.35 | 6.61 |
| Adjustment ⓘ | -0.01 | -0.02 | -0.02 | 0.22 |
| Changes in Working Capital ⓘ | -0.4 | 0.33 | -2.48 | -4.53 |
| Tax Paid ⓘ | -0.08 | -1.10 | -2.16 | -1.78 |
| Cash Flow From Investing Activity ⓘ | -0.83 | -0.61 | -1.16 | -2.61 |
| Capex | -0.08 | -0.01 | -1.12 | -0.89 |
| Net Investments | -0.76 | -0.66 | -0.13 | -1.90 |
| Others ⓘ | 0.02 | 0.06 | 0.09 | 0.18 |
| Cash Flow From Financing Activityⓘ | 1.39 | -0.67 | -0.98 | -0.21 |
| Net Proceeds from Shares ⓘ | 0.75 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0.49 | -0.11 |
| Interest Paid ⓘ | 0 | -0.02 | 0 | -0.05 |
| Dividend Paid ⓘ | 0 | 0 | -1.50 | 0 |
| Others ⓘ | 0.65 | -0.65 | 0.03 | -0.06 |
| Net Cash Flow ⓘ | 0.38 | 2.25 | 1.56 | -2.30 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 23.13 | 124.59 | 94.51 | 43.19 | ||||||
| ROCE (%) | 18.76 | 149.39 | 123.05 | 56.79 | ||||||
| Asset Turnover Ratio | 1.72 | 6.82 | 5.66 | 2.69 | ||||||
| PAT to CFO Conversion(x) | -0.83 | 1.1 | 0.6 | 0.11 | ||||||
| Working Capital Days | ||||||||||
| Receivable Days | 143 | 31 | 26 | 69 | ||||||
| Inventory Days | 0 | 0 | 0 | 0 | ||||||
| Payable Days | 123 | 32 | 23 | 56 | ||||||
Brace Port Logistics Limited was originally incorporated as ‘Brace Port Logistics Private Limited’ at New Delhi as a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated November 07, 2020, issued by the Central Registration Centre, Manesar. Subsequently, the Company was converted into a public limited company under the Companies Act, 2013, pursuant to the approval accorded by its Shareholders at their extra-ordinary general meeting held on July 10, 2023. Consequently, the name of the company was changed to ‘Brace Port Logistics Limited’ and a fresh certificate of incorporation consequent upon conversion from a private limited company to a public limited company was issued to the company by the RoC, Delhi on August 07, 2023. The registered office of the company is situated at South Delhi, Mahipalpur, New Delhi.
The company is a service-based logistics company primarily engaged in the business of providing Ocean cargo logistics services to its clients operating in the various sectors of the economy. It also provides various value-added services like Air Freight, Warehousing facilities, special cargo services such as handling cargo in foreign country and delivery the same in other foreign country and custom clearance services. The company along with its group companies and holding company has an extensive network across the globe. It provides its services at a worldwide level where it caters for clients across the globe and even provides cross-border shipment facilities as well.
It has a strong pan-India and global network to meet the needs of its customers across a wide range of industries including medical supplies and pharma, sports goods, perishables, electronics, consumer durables and automotive etc. Its experienced team can handle all logistics movements using advanced systems and processes to overcome any challenges. It is flexible in its approach to managing the supply chains effectively, along with the identification of the best routes to move shipments and at best pricing options.
Business area of the company
The company is a service-based logistics company primarily engaged in the business of providing Ocean cargo logistics services to its clients operating in the various sectors of the economy.
Services of the company
Awards, accreditations or recognition
History and milestones
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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