Past 10 year’s financial track record analysis by Moneyworks4me indicates that Arvind And Company Shipping Agencies Ltd is a below average quality company.
The key valuation ratios of Arvind And Company Shipping Agencies Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Arvind And Company Shipping Agencies 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.
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 3% | 15.1% | 25.3% | 23.9% | - |
| Value Creation Index ⓘ | -0.8 | 0.1 | 0.8 | 0.7 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 0.4 | 2.6 | 8.4 | 14.2 | 14 |
| Sales YoY Gr. | - | 613.9% | 227.2% | 68.3% | - |
| Adj EPS ⓘ | 0.3 | 1.3 | 4.6 | 4.3 | 3.1 |
| YoY Gr. | - | 318.8% | 244.8% | -6.1% | - |
| BVPS (₹) ⓘ | 6.2 | 7.6 | 12.2 | 23 | 36.2 |
| Adj Net Profit ⓘ | 0.2 | 1 | 3.5 | 5.3 | 5 |
| Cash Flow from Ops. ⓘ | -0.8 | 0.7 | 5.5 | 10.9 | - |
| Debt/CF from Ops. ⓘ | -1.4 | 17.5 | 4 | 1.1 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 240% | 68.3% | ||||
| Adj EPS ⓘ | NA | NA | 138.5% | -6.1% | ||||
| BVPSⓘ | NA | NA | 54.4% | 88.3% | ||||
| Share Price | - | - | - | 53% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 5.1 | 19.4 | 46.8 | 28.5 | 10.4 |
| Op. Profit Mgn % ⓘ | 67.6 | 69.4 | 93.8 | 78.2 | NAN |
| Net Profit Mgn % ⓘ | 66.2 | 39 | 41.2 | 37.2 | 37.3 |
| Debt to Equity ⓘ | 0.2 | 2.2 | 2.4 | 0.4 | - |
| Working Cap Days ⓘ | 0 | 366 | 220 | 181 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 140 | 80 | 9 | 0 |
Sales growth is growing at healthy rate in last 3 years 240.00%
Net Profit is growing at healthy rate in last 3 years 138.48%
Debt to equity has declined versus last 3 years average to 0.42
Return on Equity has declined versus last 3 years average to 10.40%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 3.1 | - |
| TTM Sales (₹ Cr.) | 14.2 | - |
| BVPS (₹.) ⓘ | 36.2 | - |
| Reserves (₹ Cr.) ⓘ | 45 | - |
| P/BV ⓘ | 2.70 | - |
| PE ⓘ | 31.69 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 167 |
| Equity (₹ Cr.) | 17.1 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 8.8 |
| Pledged * | 0.00 | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 0 | 3 | 8 | 14 |
| Operating Expenses ⓘ | 0 | 1 | 1 | 3 |
| Manufacturing Costs | 0 | 0 | 0 | 3 |
| Material Costs | 0 | 0 | 0 | 0 |
| Employee Cost | 0 | 0 | 0 | 0 |
| Other Costs ⓘ | 0 | 1 | 0 | 0 |
| Operating Profit ⓘ | 0 | 2 | 8 | 11 |
| Operating Profit Margin (%) | 67.6% | 69.4% | 93.8% | 78.2% |
| Other Income ⓘ | 0 | 1 | 0 | 0 |
| Interest ⓘ | 0 | 0 | 1 | 1 |
| Depreciation ⓘ | 0 | 1 | 2 | 3 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0 | 1 | 5 | 7 |
| Tax ⓘ | 0 | 0 | 1 | 2 |
| Profit After Tax | 0 | 1 | 4 | 5 |
| PAT Margin (%) | 66.2% | 39.0% | 44.5% | 37.2% |
| Adjusted EPS (₹) | 0.3 | 1.3 | 5.0 | 4.3 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 5 | 6 | 9 | 28 | ||||||
| Share Capital ⓘ | 0 | 0 | 0 | 12 | ||||||
| Reserves ⓘ | 5 | 6 | 9 | 16 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 1 | 11 | 19 | 9 | ||||||
| Long Term Debt | 1 | 6 | 11 | 8 | ||||||
| Short Term Debt | 0 | 5 | 9 | 1 | ||||||
| Trade Payables | 0 | 0 | 1 | 2 | ||||||
| Others Liabilities ⓘ | 0 | 2 | 5 | 6 | ||||||
| Total Liabilities ⓘ | 6 | 19 | 34 | 45 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 5 | 16 | 31 | 39 | ||||||
| Accumulated Depreciation | 1 | 1 | 4 | 6 | ||||||
| Net Fixed Assetsⓘ | 4 | 14 | 27 | 33 | ||||||
| CWIP ⓘ | 0 | 1 | 0 | 4 | ||||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | ||||||
| Inventories | 0 | 0 | 0 | 0 | ||||||
| Trade Receivables | 0 | 2 | 4 | 4 | ||||||
| Cash Equivalents | 0 | 0 | 0 | 0 | ||||||
| Others Assetsⓘ | 1 | 2 | 2 | 3 | ||||||
| Total Assets ⓘ | 6 | 19 | 34 | 45 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -1 | 1 | 6 | 11 |
| PBT ⓘ | 0 | 1 | 5 | 7 |
| Adjustment ⓘ | 0 | 1 | 3 | 4 |
| Changes in Working Capital ⓘ | -1 | -2 | -2 | 1 |
| Tax Paid ⓘ | 0 | 0 | -1 | -1 |
| Cash Flow From Investing Activity ⓘ | 0 | -11 | -15 | -12 |
| Capex | -3 | -11 | -15 | -12 |
| Net Investments | 0 | 0 | 0 | 0 |
| Others ⓘ | 3 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 1 | 11 | 9 | 2 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 14 |
| Net Proceeds from Borrowing ⓘ | 1 | 5 | 0 | -3 |
| Interest Paid ⓘ | 0 | 0 | -1 | -1 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 6 | 10 | -8 |
| Net Cash Flow ⓘ | 0 | 0 | 0 | 0 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 5.08 | 19.39 | 50.5 | 28.46 | ||||||
| ROCE (%) | 3.04 | 15.08 | 25.25 | 23.87 | ||||||
| Asset Turnover Ratio | 0.06 | 0.21 | 0.32 | 0.36 | ||||||
| PAT to CFO Conversion(x) | N/A | 1 | 1.5 | 2.2 | Working Capital Days | |||||
| Receivable Days | 432 | 178 | 134 | 109 | ||||||
| Inventory Days | 0 | 0 | 0 | 0 | ||||||
| Payable Days | 0 | 0 | 0 | 0 | ||||||
Arvind and Company Shipping Agencies was originally incorporated as ‘Arvind and Company Shipping Agencies Private Limited’ as a private limited company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated September 01, 1987, issued by the Registrar of Companies, Gujarat. Subsequently the company was converted from a private limited company to public limited company by resolution passed in the Extra-Ordinary General Meeting of the company dated March 27, 2023 and consequently, the name of the Company was changed to ‘Arvind and Company Shipping Agencies Limited’ and a fresh certificate of incorporation dated April 10, 2023 was issued to the Company by the Registrar of Companies, Ahmedabad.
The company has been engaged in the business of Shipping and Forwarding agents. Its revenue from operations consisted of commission income charged from the clients. The company acquired ‘Hotel Millennium Plaza’ in FY 1997 which was fetching rental income to the company till FY 2021. The company is primarily engaged in chartering business. Chartering activities of the company mainly include chartering of Barge for commercial purposes. The company understands the unique needs of businesses involved in cargo transportation. The comprehensive barge chartering services encompass a range of options tailored to meet specific requirements of the customers. Under this segment its end users are construction companies who often require barges to transport heavy equipment, construction materials, or personnel to and from construction sites located near bodies of water. Barges can be used to transport materials such as sand, gravel, cement, steel, or machinery to support construction projects.
Barges are flat-bottomed boats that are primarily used for Port construction, maintenance, dredging, transporting goods, placements of Cranes and Backhoes and materials handling on inland waterways, rivers, and canals, as well as in coastal areas. They work by being towed by tugboats or pushed by push boats, which provide the propulsion needed to move the barge through the water. Barges are designed to be flat and wide to maximize their cargo capacity, and their flat bottoms allow them to operate in shallow waterways and navigate under low bridges. They come in different sizes and configurations, with some being equipped with ramps or cranes to facilitate loading and unloading of cargo. Once loaded with cargo, the barge is towed or pushed by a tugboat or push boat to its destination.
Business area of the company
The company is mainly engaged in hiring of ships, barges, launches, Boats, docks, propelled vehicles, water- vessels and transport machines & providing hotel services & services of renting of immovable properties.
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.
Make an informed decision for Stocks
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
