Coastal Corporation Ltd - Stock Valuation and Financial Performance

BSE: 501831 | NSE: COASTCORP | Consumer Food | Small Cap

Coastal Corporation Share Price

235.70 7.15 3.13%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Coastal Corporation

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Coastal Corporation stock performance -

mw4me loader
P/E Ratio (SA):
82.86
Market Cap:
306.2 Cr.
52-wk low:
209
52-wk high:
354.9

Is Coastal Corporation Ltd an attractive stock to invest in?

1. Is Coastal Corporation Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Coastal Corporation Ltd is a average quality company.

2. Is Coastal Corporation Ltd undervalued or overvalued?

The key valuation ratios of Coastal Corporation Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Coastal Corporation Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Coastal Corporation Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Coastal Corporation:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Coastal Corporation Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 26.9%18.1%24.9%31.6%35.9%20%10.7%7.4%5.8%5.6%-
Value Creation
Index
0.90.30.81.31.60.4-0.2-0.5-0.6-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 277332472507468513402461337423496
Sales YoY Gr.-19.8%41.9%7.5%-7.6%9.5%-21.6%14.5%-26.9%25.7%-
Adj EPS 9.57.41323.138.525.615.27.223.92.8
YoY Gr.--22.4%75.8%78.4%66.3%-33.6%-40.5%-53%-72.5%98%-
BVPS (₹) 33.940.854.177116.3145.8165.3181.1204.4210.7215.9
Adj Net
Profit
10.27.913.924.841.327.417.18.72.75.34
Cash Flow from Ops. -1624630.930.140.315.26.942.6-41.1-
Debt/CF from Ops. -4.82.7132.84.12.89.125.14.1-5.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.8%-2%1.7%25.7%
Adj EPS -9.4%-36.7%-36.5%98%
BVPS22.5%12.6%8.4%3.1%
Share Price 54.5% 1.5% -4% -6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
32.619.827.335.339.819.59.94.31.11.91.3
Op. Profit
Mgn %
9.96.46.99.513.47.96.84.16.67.55.7
Net Profit
Mgn %
3.72.434.98.85.34.31.90.81.30.8
Debt to
Equity
2.11.51.41.110.70.70.80.70.80.1
Working Cap
Days
11011092100132134164152206198107
Cash Conv.
Cycle
676646457078100971391458

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.82

Sales growth is good in last 4 quarters at 53.34%

Return on Equity has declined versus last 3 years average to 1.30%

Sales growth has been subdued in last 3 years 1.72%

Net Profit has been subdued in last 3 years -36.48%

Latest Financials - Coastal Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) 2.8 0.2
TTM Sales (₹ Cr.) 496 511
BVPS (₹.) 215.9 196.6
Reserves (₹ Cr.) 276 250
P/BV 1.06 1.16
PE 82.86 959.73
From the Market
52 Week Low / High (₹) 208.95 / 354.90
All Time Low / High (₹) 2.50 / 526.90
Market Cap (₹ Cr.) 306
Equity (₹ Cr.) 13.4
Face Value (₹) 10
Industry PE 64.4

Management X-Ray of Coastal Corporation:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Coastal Corporation

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales277332472507468513402461337423
Operating Expenses 250311441459406472375442314392
Manufacturing Costs42546673545554595078
Material Costs200247362370304369273308206262
Employee Cost 45698911131416
Other Costs 4577404037624535
Operating Profit 27213148634127192232
Operating Profit Margin (%) 9.9%6.4%6.5%9.5%13.4%7.9%6.7%4.1%6.6%7.5%
Other Income 11331614812117
Interest 1089986461115
Depreciation 33333334912
Exceptional Items 0000000000
Profit Before Tax 16122239664528211312
Tax 5481424118643
Profit After Tax 10813254335201598
PAT Margin (%) 3.7%2.4%2.8%4.9%9.1%6.8%5.0%3.3%2.7%1.9%
Adjusted EPS (₹)9.57.412.523.439.932.518.012.36.96.1
Dividend Payout Ratio (%)2%5%3%2%4%4%16%15%20%20%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 36445883125156186221265284
Share Capital 1333101011121313
Reserves 35415680115146175209252270
Minority Interest0000000000
Debt76647785123112137166166223
Long Term Debt10210015252619
Short Term Debt75647585123112122141139204
Trade Payables81530271195629
Others Liabilities 15141824362222252439
Total Liabilities 136137184219295299351419457555

Fixed Assets

Gross Block4245415450557377198206
Accumulated Depreciation9111214172022263547
Net Fixed Assets3334304032355051163159
CWIP 001022329136
Investments 02921362727346673
Inventories4529504683788996101156
Trade Receivables31414649453830412863
Cash Equivalents 11616284348273225
Others Assets26294347697673796374
Total Assets 136137184219295299351419457555

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -1624631304015743-41
PBT 16122339664528211312
Adjustment 129111387381824
Changes in Working Capital -388-20-7-302-8-1616-78
Tax Paid 0-5-8-13-14-14-8-6-41
Cash Flow From Investing Activity -3-4-6-19-10-3-41-63-57-19
Capex -5-4-2-15-6-5-13-6-120-14
Net Investments 0014000100
Others 2-1-4-8-43-28-5863-5
Cash Flow From Financing Activity 17-205-2-10-2230352053
Net Proceeds from Shares 00000010133111
Net Proceeds from Borrowing -3-13-2-1-115101-7
Interest Paid -10-8-9-9-7-6-3-5-10-14
Dividend Paid 00000-30-3-2-2
Others 30-11119-1-12921066
Net Cash Flow -2051010164-216-7
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)32.5919.7826.3335.6541.2424.7811.827.363.692.98
ROCE (%)26.8718.0524.8931.5935.8620.0210.747.395.795.57
Asset Turnover Ratio2.362.442.952.521.821.731.241.20.770.84
PAT to CFO Conversion(x)-1.630.461.240.71.140.750.474.78-5.13
Working Capital Days
Receivable Days30403434363031283739
Inventory Days5041303450577673106111
Payable Days18172328231010788

Coastal Corporation Ltd Stock News

Coastal Corporation Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Coastal Corporation on 21-Nov-2024 16:59 is ₹235.7.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Coastal Corporation stood at ₹306.1.
The latest P/E ratio of Coastal Corporation as of 21-Nov-2024 16:59 is 82.86.
The latest P/B ratio of Coastal Corporation as of 21-Nov-2024 16:59 is 1.06.
The 52-week high of Coastal Corporation is ₹354.9 and the 52-week low is ₹208.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Coastal Corporation is ₹495.7 ( Cr.) .

About Coastal Corporation Ltd

Coastal Corporation Limited (India) has a history of many years in processing, production, and distribution of seafood, globally. Over these three decades, it has earned market reputation through professional excellence amongst its global consumers and valued business allies. From the year of establishment to the current year of operation, it has been a remarkable journey of growth, continual improvement and sheer dedication and outstanding teamwork.

The company is a Visakhapatnam based 100% EOU engaged in the business of processing and export of shrimps. It is one of the leading shrimp exporters from India to the US markets. The company offers shrimps in various forms - raw frozen blocks and in IQF, cooked in frozen blocks and cooked in IQF form as per customers specifications.

It exports its products across globe markets - US, Europe, Canada, UAE, China and Hong Kong. The company is having substantial share of its revenue from exports of value-added products like headless shell on, butterfly, skewers, cooked, etc. The company has chalked down expansion plans for a pre-processing unit and a greenfield processing unit at KSEZ, Kakinada.

Business area of the company

The company offers premium seafood that promises outstanding freshness and natural flavors, produced strictly under the guidelines of sustainable harvesting and production processes, complete traceability to origin and source, Eco-friendly methods, methods and complete transparency.

Product line of the company

The company’s key product line consists of sea caught and aquaculture shrimps, value added and processed, raw or cooked in frozen blocks or IQF forms, as per the customer specifications. The company’s state of the art processing technologies, facilities and skilled manpower assures rightly sourced and naturally produced shrimps that are devoid of preservatives, antibiotics and hormones.

Awards and recognitions

  • 2015-16: The company was presented the Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry (FTAPCCI) excellence award for its “Excellence in Export Performance (SSI)” on 14.11.2015 by M. Venkaiah Naidu, Union Minister of Urban Development, Housing and Urban Poverty Alleviation and Parliamentary Affairs.
  • 2016-17: The company has won national Award for Outstanding Export Performance in Medium Enterprises (Manufacturing).
  • 2016-17: The company has won national Award for Outstanding Entrepreneurship in Medium Enterprises.
  • 2017-18: The company was presented FIEO Regional Export Award for the year 2015-16 under the Category of “Top Multi Product Exporter in Andhra Pradesh (Silver) on 18th January, 2018 by M. Venkaiah Naidu, Vice President of India.
  • 2017-18: The company has also received “SILVER” rating under Zero Effect - Zero Defect certification scheme of Ministry of Micro, Small & Medium Enterprises.
  • 2018-19: the company was presented FTCCI Excellence Award in recognition of Excellence in Export Performance for the year 2016-17 on 12th July, 2019 by Justice Sri Raghavendra Singh Chauhan, Chief Justice of high Court for the State of Telangana.
  • 2019-20: The company was recognized by “The Financial Times and Statista” as FT High Growth Companies Asia Pacific - 2020.
  • 2019-20: The company recognized by Ministry of Commerce & Industry, Government of India as a Three Star Export House on 21st July, 2020.
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