Brace Port Logistics Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: BRACEPORT | Logistics | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Brace Port

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

1. Quality

2. Valuation

Undervalued

3. Price Trend

Brace Port Logistics stock performance -

mw4me loader
P/E Ratio (SA):
23.88
Market Cap:
116.8 Cr.
52-wk low:
0
52-wk high:
0

Is Brace Port Logistics Ltd an attractive stock to invest in?

1. Is Brace Port Logistics Ltd a good quality company?

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

2. Is Brace Port Logistics Ltd undervalued or overvalued?

The key valuation ratios of Brace Port Logistics Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Brace Port Logistics Ltd a good buy now?

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.

10 Year X-Ray of Brace Port:

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.
Brace Port Logistics 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'21Mar'22Mar'23Mar'24TTM
ROCE % 18.8%149.4%123.1%56.8%-
Value Creation
Index
0.39.77.83.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 754.170.55555
Sales YoY Gr.-671.2%30.1%-21.9%-
Adj EPS 0.347.25.94.3
YoY Gr.-1508%78.1%-17.7%-
BVPS (₹) 1.25.110.816.733.8
Adj Net
Profit
0.23.35.94.95
Cash Flow from Ops. -0.23.53.70.5-
Debt/CF from Ops. -3.500.20.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA98.6%-21.9%
Adj EPS NANA186.7%-17.7%
BVPSNANA141.8%55.1%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
21.5128.190.342.917.2
Op. Profit
Mgn %
3.88.211.412.5NAN
Net Profit
Mgn %
36.18.48.88.9
Debt to
Equity
0.700.10-
Working Cap
Days
03636990
Cash Conv.
Cycle
004150

Recent Performance Summary

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%

Latest Financials - Brace Port Logistics Ltd.

Standalone Consolidated
TTM EPS (₹) 4.3 -
TTM Sales (₹ Cr.) 55 -
BVPS (₹.) 33.8 -
Reserves (₹ Cr.) 27 -
P/BV 3.06 -
PE 23.88 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 117
Equity (₹ Cr.) 11.3
Face Value (₹) 10
Industry PE 45.2

Management X-Ray of Brace Port:

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

Event Update

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Analyst's Notes

Key Ratios of Brace Port

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Sales7547055
Operating Expenses 7506248
Manufacturing Costs0000
Material Costs6486046
Employee Cost 0011
Other Costs 0121
Operating Profit 0487
Operating Profit Margin (%) 3.8%8.0%11.3%12.5%
Other Income 0000
Interest 0000
Depreciation 0000
Exceptional Items 0000
Profit Before Tax 0487
Tax 0122
Profit After Tax 0365
PAT Margin (%) 3.2%6.0%8.8%8.9%
Adjusted EPS (₹)0.33.97.55.9
Dividend Payout Ratio (%)0%0%24%21%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 14914
Share Capital 1118
Reserves 0386
Minority Interest0000
Debt1000
Long Term Debt0000
Short Term Debt1000
Trade Payables26113
Others Liabilities 0121
Total Liabilities 4121328

Fixed Assets

Gross Block0011
Accumulated Depreciation0000
Net Fixed Assets0011
CWIP 0001
Investments 1121
Inventories0000
Trade Receivables37417
Cash Equivalents 0342
Others Assets0136
Total Assets 4121328

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0441
PBT 0487
Adjustment 0000
Changes in Working Capital -00-2-5
Tax Paid 0-1-2-2
Cash Flow From Investing Activity -1-1-1-3
Capex 00-1-1
Net Investments -1-10-2
Others 0000
Cash Flow From Financing Activity 1-1-10
Net Proceeds from Shares 1000
Net Proceeds from Borrowing 0000
Interest Paid 0000
Dividend Paid 00-20
Others 1-100
Net Cash Flow 022-2
PARTICULARSMar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)23.13124.5994.5143.19
ROCE (%)18.76149.39123.0556.79
Asset Turnover Ratio1.726.825.662.69
PAT to CFO Conversion(x)N/A1.330.670.2
Working Capital Days
Receivable Days143312669
Inventory Days0000
Payable Days123322356

Brace Port Logistics Ltd Stock News

Brace Port Logistics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Brace Port on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Brace Port stood at ₹116.8.
The latest P/E ratio of Brace Port as of 01-Jan-1970 05:30 is 23.88.
The latest P/B ratio of Brace Port as of 01-Jan-1970 05:30 is 3.06.
The 52-week high of Brace Port is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Brace Port is ₹55.00 ( Cr.) .

About Brace Port Logistics Ltd

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

  • Ocean cargo services
  • Air cargo services
  • Warehousing services

Awards, accreditations or recognition

  • January 10, 2023: A Letter received from Eagle Quest International India Private Limited, expressing gratitude for exceptional business partnership and appreciating remarkable services over past 2 years.
  • May 15, 2023: A Letter of appreciation from Indian Compressors Limited for the remarkable services provided by the company and the business partnership entered into.
  • May 18, 2023: An appreciation certificate from A L Movers Private Limited, one of its clients expressing appreciation for the partnership it has had over past 2 years and also appreciating its customer services.
  • August 16, 2023: A Letter from its prestige client Clariant IGL Speciality Chemicals Private Limited, complimenting the services it provides and appreciating its response team for promptness.
  • August 16, 2023: A Letter from Relaxo Footwears Limited, clientele appreciating its logistics services, praising its professionalism and reliable commitment towards employees and acknowledging its business partnership.
  • May 03, 2024: A Letter from Metaltech Design Private Limited appreciating its coordination for shipments, providing updates, or addressing any concerns, its responsiveness and reliability have exceeded the expectations.
  • May 06, 2024: A Letter from Indilog Moving Private Limited appreciating its accountability on each project.

History and milestones

  • November 07, 2020: Incorporated under the Companies Act, 2013 as a private limited company.
  • November, 2020: Commenced freight forwarding operations in Delhi, including both, Ocean Freight (LCL/FCL) and Air Freight
  • April, 2021: Imported Air Charters from Germany, China and Italy to India carrying Oxygen concentrators, Oxygen cylinders and plants.
  • January, 2022: Provided service of RO-RO Vessel movement carrying vehicles Ford SUV Cars from Shanghai, China to Laem Cha Bang, Thailand.
  • January, 2023: Opened office in new location- Jaipur.
  • August, 2023: Opened offices in new locations -Mumbai and Chennai.
  • August 07, 2023: Conversion of the Company from Private Limited to Public Limited

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