What is the P/E ratio of Varun Shipping Company .-(Merged)?

The latest standalone P/E ratio of Varun Shipping Company .-(Merged) as of 01-Jan-1970 is 0.00.

What is the P/B ratio of Varun Shipping Company .-(Merged)?

The latest standalone P/B ratio of Varun Shipping Company .-(Merged) as of 01-Jan-1970 is -1.41.

What is the 52-week high and low of Varun Shipping Company .-(Merged)?

The 52-week high of Varun Shipping Company .-(Merged) is Rs. 9.76 and the 52-week low is Rs. 9.21.

Varun Shipping Company Ltd.-(Merged) - Stock Valuation and Financial Performance

Name: Varun Shipping Company .-(Merged)
Brand: Varun Shipping Company .-(Merged)

BSE: 500465 | NSE: VARUNSHIP | Shipping | Small Cap

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Varun Shipping Company Ltd.-(Merged) stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

0.00

Market Cap:

146.4 Cr.

52-wk low:

9.2

52-wk high:

9.8

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Varun Shipping Co:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'04	Mar'05	Mar'06	Mar'07	Mar'08	Mar'09	Mar'10	Mar'11	Sep'12	Mar'14	TTM
ROCE % ⓘ	11.3%	14.3%	20.4%	12.5%	13%	8.1%	6.8%	6.5%	13.7%	-13%	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	293	389	643	673	933	915	666	491	310	117	60
Sales YoY Gr.	-	32.8%	65.3%	4.6%	38.7%	-1.9%	-27.2%	-26.2%	-36.9%	-62.3%	-
Adj EPS ⓘ	4.4	7.5	15.4	7.5	15	4.7	-10.3	-14.9	-7.6	-24	-29.9
YoY Gr.	-	69.8%	106.3%	-51.5%	100.1%	-68.9%	-320.4%	NA	NA	NA	-
BVPS (₹) ⓘ	27	30.2	40.5	50.7	61	54.2	54.1	54.2	37.4	15.3	-6.9
Adj Net Profit ⓘ	35.5	83.3	181	107	224	69.7	-154	-224	-114	-360	-448
Cash Flow from Ops. ⓘ	122	149	410	323	671	295	-87.5	370	-238	44.7	-
Debt/CF from Ops. ⓘ	2.1	3.9	2.8	5.6	3.3	9.7	-32.3	7.5	-3.9	17.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-9.7%	-34%	-44%	-62.3%
Adj EPS ⓘ	-220.8%	-210%	NA	NA
BVPSⓘ	-6.1%	-24.2%	-34.4%	-59.1%
Share Price	-	-	-	-

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'04	Mar'05	Mar'06	Mar'07	Mar'08	Mar'09	Mar'10	Mar'11	Sep'12	Mar'14	TTM
Return on Equity % ⓘ	16.3	29.3	44.2	17.7	27.3	8.1	-18.9	-27.6	-20.7	-90.5	-713.7
Op. Profit Mgn % ⓘ	36.8	43.4	60.3	55.5	61.6	51	36.1	5.4	13.6	-134.8	-71.4
Net Profit Mgn % ⓘ	12.1	21.4	28.1	15.9	24.1	7.6	-23.1	-45.5	-36.8	-308.3	-751.2
Debt to Equity ⓘ	1.2	1.7	2.4	2.5	2.4	3.5	3.5	3.4	1.7	3.5	-
Working Cap Days ⓘ	78	63	43	49	38	61	278	1,006	1,443	3,094	567
Cash Conv. Cycle ⓘ	-10	-14	-20	-12	-9	-19	65	112	180	1,042	-597

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Varun Shipping Company Ltd.-(Merged)

	Standalone	Consolidated
TTM EPS (₹)	-29.9	8.3
TTM Sales (₹ Cr.)	59.7	965
BVPS (₹.) ⓘ	-6.9	0
Reserves (₹ Cr.) ⓘ	-246	117
P/BV ⓘ	-1.41	0.00
PE ⓘ	0.00	1.18

From the Market
52 Week Low / High (₹)	9.21 / 9.76
All Time Low / High (₹)	3.75 / 110.50
Market Cap (₹ Cr.)	146
Equity (₹ Cr.)	150
Face Value (₹)	10
Industry PE ⓘ	10.6

Management X-Ray of Varun Shipping Co:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

41.10

41.02

40.19

26.35

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

Valuation of Varun Shipping Co

Analyst's Notes

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Key Ratios of Varun Shipping Co

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'04	Mar'05	Mar'06	Mar'07	Mar'08	Mar'09	Mar'10	Mar'11	Sep'12	Mar'14
Sales	292.87	388.96	642.93	672.63	932.57	914.66	666.22	491.43	465.50	175.31
Operating Expenses ⓘ	185.11	222.52	255.51	299.52	357.71	450.22	426.07	464.77	402.36	411.65
Manufacturing Costs	121.47	148.50	156.47	170.17	198.54	254.72	241.89	305.01	239.41	162.42
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	31.74	37.59	52.74	79.87	100.53	121.66	131.55	115.50	110	72.16
Other Costs ⓘ	31.89	36.42	46.31	49.47	58.64	73.84	52.64	44.25	52.95	177.07
Operating Profit ⓘ	107.76	166.45	387.42	373.11	574.85	464.44	240.15	26.66	63.14	-236.34
Operating Profit Margin (%)	36.8%	42.8%	60.3%	55.5%	61.6%	50.8%	36.0%	5.4%	13.6%	-134.0%
Other Income ⓘ	1.49	1.57	1.38	51.38	4.47	29.29	236.42	389.20	318.70	112.68
Interest ⓘ	17.46	17.52	75.82	111.09	139.51	145.48	193.20	216.49	360.46	242.78
Depreciation ⓘ	53.68	67.03	129.61	165.71	211.92	271.14	236.49	177.89	144.39	122.64
Exceptional Items ⓘ	0	0	0	0	0	50	7.01	-4.65	160.74	0
Profit Before Tax ⓘ	38.11	83.48	183.37	147.69	227.90	127.12	53.89	16.82	37.73	-489.08
Tax ⓘ	2.30	1.79	2.48	6.34	2.12	4.31	41.33	2.07	-0.64	0.86
Profit After Tax	35.81	81.69	180.89	141.35	225.78	122.81	12.55	14.75	38.37	-489.94
PAT Margin (%)	12.2%	21.0%	28.1%	21.0%	24.2%	13.4%	1.9%	3.0%	8.2%	-279.0%
Adjusted EPS (₹)	4.3	7.3	15.4	9.9	15.1	8.2	0.8	1.0	2.6	-32.7
Dividend Payout Ratio (%)	34%	41%	29%	45%	33%	61%	96%	81%	20%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'04	Mar'05	Mar'06	Mar'07	Mar'08	Mar'09	Mar'10	Mar'11	Sep'12	Mar'14
Equity and Liabilities
Shareholders Fund	225.53	339.90	474.74	723.80	914.84	813.40	811.96	812.76	842.41	352.47
Share Capital ⓘ	80.52	115.25	117.17	142.74	150	150.01	150.01	150.01	150.01	150.01
Reserves ⓘ	145.01	224.64	357.57	581.06	764.84	663.39	661.95	662.75	692.40	202.46
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	260.34	580.22	1,138.23	1,793.05	2,200.82	2,846.84	2,821.99	2,072.58	845.82	994.12
Long Term Debt	260.34	580.22	1,138.23	1,793.05	2,200.82	2,846.84	2,821.99	1,988.13	698.43	802.18
Short Term Debt	0	0	0	0	0	0	0	84.45	147.39	191.95
Trade Payables	30.66	38.13	53.40	45.34	52.55	123.13	52.55	192.18	334.54	371.02
Others Liabilities ⓘ	18.05	39.95	220.44	46.74	103.99	88.62	130.29	772.61	781.73	462.68
Total Liabilities ⓘ	534.58	998.19	1,886.80	2,608.92	3,272.20	3,871.98	3,816.79	3,850.13	2,804.50	2,180.30
Fixed Assets
Gross Block	757.64	1,151.43	2,218.90	2,925.30	3,765.94	4,316.17	3,635.45	2,415.77	1,061.37	1,144.70
Accumulated Depreciation	342.20	329.02	458.60	481.38	623.51	758.01	666.55	501.46	401.24	523.66
Net Fixed Assetsⓘ	415.45	822.41	1,760.30	2,443.92	3,142.43	3,558.16	2,968.91	1,914.31	660.13	621.04
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investmentsⓘ	20.76	20.76	20.76	20.75	20.75	20.75	42.23	27.32	50.34	348.54
Inventories	3.68	5.40	3.70	4.33	12.54	13.21	15.98	6.35	7.62	7.19
Trade Receivables	24.56	36.39	46.98	52.84	56.15	61.73	331.92	142.61	783.16	540.02
Cash Equivalents	44.82	75.02	35.63	35.03	37.46	93.13	34.06	16.21	334.76	2.19
Others Assetsⓘ	25.32	38.20	19.42	52.06	2.88	125	423.69	1,743.33	968.49	661.32
Total Assets ⓘ	534.58	998.19	1,886.80	2,608.92	3,272.20	3,871.98	3,816.79	3,850.13	2,804.50	2,180.30

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'04	Mar'05	Mar'06	Mar'07	Mar'08	Mar'09	Mar'10	Mar'11	Sep'12	Mar'14
Cash Flow From Operating Activity ⓘ	122.40	148.68	410.23	323.08	670.77	295.09	-87.49	370.10	-357.62	67.04
PBT ⓘ	38.11	83.48	183.37	147.69	227.90	127.12	53.89	16.82	37.73	-489.08
Adjustment ⓘ	69.74	85.28	204.15	225.42	359.29	251.19	186.82	8.46	201.90	341.57
Changes in Working Capital ⓘ	15.95	-16.17	24.28	-47.08	85.48	-80.33	-323.86	390.44	-594.54	223.03
Tax Paid ⓘ	-1.41	-3.91	-1.57	-2.94	-1.91	-2.89	-4.35	-45.63	-2.71	-8.48
Cash Flow From Investing Activity ⓘ	-31.88	-474.74	-1,066.19	-797.95	-905.98	-648.58	354.99	-118.43	2,393.95	-18.53
Capex	-32.81	-476.30	-1,067.39	-799.67	-908.51	-649.83	583.18	138.02	1,233.26	-83.54
Net Investments	0	0	0	0.01	0.22	0	-14.47	14.88	-23.02	-298.20
Others ⓘ	0.93	1.55	1.20	1.71	2.31	1.26	-213.72	-271.33	1,183.70	363.22
Cash Flow From Financing Activityⓘ	-59.82	356.27	616.57	474.26	237.64	409.16	-326.57	-269.51	-1,717.78	-381.08
Net Proceeds from Shares ⓘ	-1.36	73.50	16.97	188.82	49.06	0.01	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-18.13	-17	-71.55	-108.38	-140.31	-140.31	-193.52	-219.70	-334.68	-200.28
Dividend Paid ⓘ	-17.99	-12.93	-64.78	-64.90	-78.89	-96.56	-25.56	-14.12	-22.91	-0.57
Others ⓘ	-22.34	312.70	735.93	458.71	407.77	646.02	-107.49	-35.69	-1,360.18	-180.23
Net Cash Flow ⓘ	30.69	30.21	-39.39	-0.61	2.43	55.67	-59.07	-17.85	318.55	-332.57

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'04	Mar'05	Mar'06	Mar'07	Mar'08	Mar'09	Mar'10	Mar'11	Sep'12	Mar'14
Ratios
ROE (%)	17.24	29.52	44.63	23.59	27.56	14.21	1.54	1.82	4.64	-82.64
ROCE (%)	11.31	14.34	20.44	12.51	13.03	8.05	6.77	6.47	13.67	-13.03
Asset Turnover Ratio	0.54	0.51	0.45	0.3	0.32	0.26	0.17	0.13	0.14	0.07
PAT to CFO Conversion(x)	3.42	1.82	2.27	2.29	2.97	2.4	-6.97	25.09	-9.32	N/A
Working Capital Days
Receivable Days	34	29	24	27	21	24	108	176	363	1,377
Inventory Days	4	4	3	2	3	5	8	8	5	15
Payable Days	0	0	0	0	0	0	0	0	0	0

Varun Shipping Company Ltd.-(Merged) Stock News

Varun Shipping Company Ltd.-(Merged) FAQs

What is the share price of Varun Shipping Co?

Company share prices are keep on changing according to the market conditions. The closing price of Varun Shipping Co on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of Varun Shipping Co?

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 Varun Shipping Co stood at ₹146.4.

What is the P/E ratio of Varun Shipping Co?

The latest P/E ratio of Varun Shipping Co as of 01-Jan-1970 05:30 is 0.00.

What is the P/B ratio of Varun Shipping Co?

The latest P/B ratio of Varun Shipping Co as of 01-Jan-1970 05:30 is -1.41.

What is the 52-week high and low of Varun Shipping Co?

The 52-week high of Varun Shipping Co is ₹9.76 and the 52-week low is ₹9.21.

What is the TTM revenue of Varun Shipping Co?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Varun Shipping Co is ₹59.65 ( Cr.) .

About Varun Shipping Company Ltd.-(Merged)

Varun Shipping Company (VSCL) was incorporated on January 29, 1971 as a private limited company. Later on February 18, 1972 it was converted into a public limited company. The company started its operation in 1973 by acquiring one product tanker. The companyâ€™s corporate headquarters and registered office are located in Mumbai.

Today, Varun Shipping owns a fleet of 20 vessels comprising 10 LPG carriers, 3 crude oil tankers and 7 anchor handling towing and supply (AHTS) vessels, it provides a comprehensive shipping solution across the entire hydrocarbon product chain. The company is listed on Bombay Stock Exchange, National Stock Exchange, Ahmedabad Stock Exchange, Delhi Stock Exchange and Calcutta Stock Exchange. It has received ISO 9001:2000 certification for its quality management.

The company, as per few media reports, has decided to demerge ship management business and investment business, in the current fiscal.

Business areas

LPG Sector- The company has acquired a Very Large Gas Carrier (VLGC) with cargo carrying capacity of 76,644 cbm in the year 2007. Thus VSCL is first shipping company in India to acquire VLGC -- the largest LPG carrier in the Indian fleet. The company owns 10 LPG carriers in India, which is the largest in terms of both fleet-size and cargo carrying capacity. It is the first Indian company to operate large AHTS vessel in the North Sea.

Crude oil- The company owns a fleet of 3 crude oil tankers with a cargo carrying capacity of 319,682 dwt.

Offshore- The companyâ€™s AHTS vessels cater to oil and gas companies operating offshore, for their exploration, production and development of oil and natural gas. It owns vessels namely Subhiksha, Sudaksha, Suvarna, Subhadra and Suchandra which are capable of operating in North Sea, Krishna Godavari basin, Bay of Bengal and the Atlantic Ocean, off the coasts of Nigeria, Brazil and Mexico. Besides these vessels, the company also owns two more AHTS vessels on Bareboat Charter cum Demise basis.

Awards and recognition

In 2006, Varun Shipping received 'Fastest Expanding Indian Shipping Company' by the National Maritime Day Celebrations Committee (Central), Directorate General of Shipping and Government of India.

The companyâ€™s Maharshi Krishnatreya-a LPG carrier was awarded â€œShip of the Year (Indian Flag in Foreign Trade)â€ by National Maritime Day Celebrations Committee (Central), Directorate General of Shipping and Government of India in April 2008.

It received â€˜The Marine and Offshore Services Awardâ€™ at the Seatrade Middle East & Indian Subcontinent Awards 2008 ceremony, held in Dubai.

Varun Shipping, on January 21, 2009, has acquired modern AHTS vessel

Future plans

Varun Shipping aim to be a leading comprehensive hydrocarbon shipping company that provides shipping solutions in the LPG sector and strengthen its presence within the hydrocarbon sector.