Starlog Enterprises Ltd - Stock Valuation and Financial Performance

BSE: 520155 | NSE: ABGHEAVY | Business Support | Small Cap

Starlog Enterprises Share Price

37.91 1.76 4.87%
as on 28-Mar'24 16:01

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Starlog Enterprises stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
43.5 Cr.
52-wk low:
20.6
52-wk high:
56.2

Is Starlog Enterprises Ltd an attractive stock to invest in?

1. Is Starlog Enterprises Ltd a good quality company?

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

2. Is Starlog Enterprises Ltd undervalued or overvalued?

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

3. Is Starlog Enterprises Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Starlog Enterprises 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 Starlog Enterprises:

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.
Starlog Enterprises 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 0.9%1.2%3%-0.5%-4.1%-4.4%-19%-12.2%-22.6%13.9%-
Value Creation
Index
-0.9-0.9-0.8-1.0-1.3-1.3-2.4NANA0.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 74.471.878.663.528.424.620.718.114.5810
Sales YoY Gr.--3.5%9.6%-19.3%-55.3%-13.4%-15.7%-12.4%-20.2%-44.7%-
Adj EPS -15.3-14.3-7.1-19.6-23.8-23.6-42.5-25.7-25.7-0.2-4.1
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 177.6165.9165.2127.2116.793.59.3-16.2-38.645.541.4
Adj Net
Profit
-18.3-17.1-8.5-23.5-28.5-28.3-50.8-30.8-30.8-0.2-5
Cash Flow from Ops. 33.467.859.325.78.811.34.410.79.8-6-
Debt/CF from Ops. 7.13.23.37.214.510.324.18.58.2-2.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -21.9%-22.4%-27.1%-44.7%
Adj EPS NANANANA
BVPS-14%-17.2%69.5%NA
Share Price -3.3% 17.6% 46.7% 58.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-8.3-8.3-4.3-13.4-19.5-22.5-82.6751.793.9-4.4-9.3
Op. Profit
Mgn %
50.837.651.942.413.625.535.526.1-4.2-26.517.5
Net Profit
Mgn %
-24.6-23.8-10.8-37-100.4-115.1-245.4-169.8-212.6-2.2-50.1
Debt to
Equity
1.11.111.20.919.5-4.7-1.70.3-
Working Cap
Days
7416534995421,0471,1511,3051,2161,1801,890471
Cash Conv.
Cycle
1541087889237286344254140209-939

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -27.14%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 8.96%

Latest Financials - Starlog Enterprises Ltd.

Standalone Consolidated
TTM EPS (₹) -4.1 1.2
TTM Sales (₹ Cr.) 9.7 11.5
BVPS (₹.) 41.4 25.4
Reserves (₹ Cr.) 38 18
P/BV 0.88 1.43
PE 0.00 31.21
From the Market
52 Week Low / High (₹) 20.55 / 56.15
All Time Low / High (₹) 7.21 / 849.90
Market Cap (₹ Cr.) 43.5
Equity (₹ Cr.) 12
Face Value (₹) 10
Industry PE 43.1

Management X-Ray of Starlog Enterprises:

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 Starlog Enterprises

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales74.3771.7778.6363.4528.3724.5620.7118.1414.488.01
Operating Expenses 36.6244.8037.8536.5327.8918.3013.3613.4015.0810.14
Manufacturing Costs18.7023.5321.4418.215.813.241.302.0920.81
Material Costs0000000000
Employee Cost 8.338.358.578.566.776.565.794.524.733.45
Other Costs 9.5912.927.849.7615.318.506.276.788.365.88
Operating Profit 37.7526.9740.7826.920.486.267.354.74-0.60-2.12
Operating Profit Margin (%) 50.8%37.6%51.9%42.4%1.7%25.5%35.5%26.1%-4.2%-26.5%
Other Income 1.977.2211.660.090.294.877.787.256.771.94
Interest 32.2231.5029.5430.8423.0524.9025.8027.5426.8810.71
Depreciation 3522.5924.1120.5816.6614.2613.7611.288.794.44
Exceptional Items 000026.950-76.46-3.712.7950.89
Profit Before Tax -27.50-19.90-1.20-24.40-12-28.03-100.89-30.54-26.7135.55
Tax -9.20-6.21-0.46-0.9200000-0.10
Profit After Tax -18.30-13.69-0.74-23.48-12-28.03-100.89-30.54-26.7135.64
PAT Margin (%) -24.6%-19.1%-0.9%-37.0%-42.3%-114.0%-487.0%-168.0%-184.0%444.7%
Adjusted EPS (₹)-15.3-11.4-0.6-19.6-10.0-23.4-84.3-25.5-22.329.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 212.47198.48197.74152.27139.68111.8911.17-19.37-46.2354.45
Share Capital 11.9711.9711.9711.9711.9711.9711.9711.9711.9711.97
Reserves 200.51186.51185.77140.30127.7199.93-0.79-31.33-58.1942.49
Minority Interest0000000000
Debt192.62156.18113.2974.4641.0828.3512.04005.03
Long Term Debt182.58154.84113.2974.4641.0828.3512.04005.03
Short Term Debt10.041.3400000000
Trade Payables9.357.299.3111.059.659.407.255.255.954.67
Others Liabilities 92.80127.60143.45190.75178.02203.92214.32221.32225.5185.88
Total Liabilities 507.24489.55463.79428.53368.43353.56244.78207.20185.24150.03

Fixed Assets

Gross Block629.21606.11567.13567.12476.81473.93411.80380.45329.10208.82
Accumulated Depreciation353.16354.48357.17377.69337.63349.70314.03310.75276.09188.31
Net Fixed Assets276.05251.63209.96189.43139.17124.2497.7769.6953.0120.52
CWIP 18.737.097.090000000
Investments 64.09117.06141.28151.52151.52151.5274.8574.8574.8574.85
Inventories0000000000
Trade Receivables35.3326.7229.7926.572827.5625.9910.328.907.93
Cash Equivalents 3.451.732.452.230.380.281.630.071.792.73
Others Assets109.6085.3373.2158.7749.3549.9744.5452.2846.6844.01
Total Assets 507.24489.55463.79428.53368.43353.56244.78207.20185.24150.03

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 33.4167.8359.2525.698.8111.304.4010.689.81-6.03
PBT -27.50-19.90-1.20-24.40-12-28.03-100.89-30.54-26.7135.64
Adjustment 65.2550.0552.2849.8615.0935.71107.8536.0624.25-39.21
Changes in Working Capital -11.9734.946.941.385.044.08-5.445.5110.5-2.95
Tax Paid 7.622.741.24-1.140.68-0.462.88-0.351.780.48
Cash Flow From Investing Activity 0.68-17.44-7.94-2.4334.842.6716.388.9510.7224.44
Capex -1.7634.0916.23-0.0630.031.4013.258.2210.9121.41
Net Investments 00-0.065.184.701.032.961.20-0.410.43
Others 2.44-51.53-24.11-7.550.120.230.17-0.470.222.60
Cash Flow From Financing Activity -37.40-50.99-50.64-22.19-45.47-14.01-19.43-21.20-18.80-82.51
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -7.70-15.66-18.400000000
Interest Paid -28.95-26.62-30.83-12.37-2.37-2.84-5.93-6.01-17.21-8.66
Dividend Paid -0.03-0.02-0.07-0.03-0.0300000
Others -0.71-8.70-1.34-9.79-43.07-11.17-13.50-15.19-1.59-73.84
Net Cash Flow -3.31-0.600.671.07-1.82-0.041.36-1.571.73-64.10
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-8.26-6.66-0.37-13.42-8.22-22.28-163.96N/AN/A866.37
ROCE (%)1.022.697.051.773.66-1.26-43.46N/AN/A87.77
Asset Turnover Ratio0.140.140.160.140.070.070.070.080.070.05
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/A-0.17
Working Capital Days
Receivable Days205158131162351413472365242383
Inventory Days0000000000
Payable Days0000000000

Starlog Enterprises Ltd Stock News

Starlog Enterprises Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Starlog Enterprises on 28-Mar-2024 16:01 is ₹37.91.
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 28-Mar-2024 16:01 the market cap of Starlog Enterprises stood at ₹43.51.
The latest P/E ratio of Starlog Enterprises as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of Starlog Enterprises as of 28-Mar-2024 16:01 is 0.88.
The 52-week high of Starlog Enterprises is ₹56.15 and the 52-week low is ₹20.55.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Starlog Enterprises is ₹9.67 ( Cr.) .

About Starlog Enterprises Ltd

ABG Infralogistics, started as a crane rental Company in 1983 and has rapidly expanded to become one of India’s foremost infrastructure solution provider. ABG, on its own and in collaboration with global Port and Logistic providers, has participated in several infrastructure projects all over the country.

Starting with the business of hiring of heavy earth moving machinery, ABG Infralogistics Limited (ABG) over the last decades has become a market leader in the fields of charter hire of heavy duty cranes & Heavy erection works.

ABG has made remarkable achievements in owning, operating, maintaining & giving on hire cranes including heavy duty cranes to a wide spectrum of services and Industry. Substantial investments have been made in crawler cranes, truck cranes, tower cranes including ordering the world’s largest crawler crane having a lifting capacity of 3200MT i.e. Demag CC8800-1 TWIN.

ABG owns/operates over 200 cranes ranging from 1250MT to 9MT Our fleet is the youngest and most sophisticated one in the country since our cranes are imported from the world’s top manufacturer’s and match the best international standards. Further, we have access to the fore most engineering technologies from leading companies worldwide like Liebherr (Germany), Terex Demag (Germany), Manitowoc (USA), Kobelco (Japan) etc.

The company’s emphasis on quality and customer satisfaction has resulted in repeat orders from clients such as Bharat Heavy Electricals Limited (BHEL), Reliance Industries Limited, Essar Steel Limited, Tata Steel Limited, Suzlon Infrastructures Services Limited, Essar Oil Limited, Nuclear Corporation Limited, Doosan (India) Ltd, Larsen & Toubro etc.

ABG is one of the largest crane hire companies in India with modern self erect hydraulic crawler cranes deployed in the hydrocarbon, thermal power, wind energy, steel, cement and other industrial/infrastructure projects nationwide. It specializes in project management and execution of moving and installation of difficult oversize and overweight equipment. Each of its businesses has been achieving new milestones in efficiency, productivity and profitability. In the crane rental business. ABG, on its own and in collaboration with global Port and Logistic providers, has participated in several infrastructure projects all over the country.

The company currently operates through:

  • ABG Kolkata Container Terminal, located on the Hooghly River, which is a Riverine Port specialising in the supply, operation and maintenance of back-up equipment required to handle loading and unloading of containers at the Netaji Subhas Dock Kolkata Port. It offers seamless transport for the states of Delhi, Bihar, rest of North India and the North-Eastern states.
  • Strategically located 90 kilometres from the mouth of the Gulf of Kutch, ABG Kandla Container Terminal, is a 30-year BOT container terminal project. The future-ready ABG Kandla Container Terminal Ltd. serves the vast hinterland Indian states of Punjab, Haryana, Delhi and Gujarat, Rajasthan and MP.
  • The New ABG Mangalore Port is the only Major Port of Karnataka. The port specialises in exporting iron ore concentrates & pellets, iron ore fines, POL products, granite stones, containerised cargo, etc. The major imports of the port are crude and POL products, LPG, wood pulp, timber logs, finished fertilizers, liquid ammonia, phosphoric acid, other liquid chemicals, containerised cargo, etc. National Highway 17 passes by the port, giving access to the countries road network.
  • ABG Paradip is an artificial harbour located in the Bay of Bengal in the state of Orissa. One of India’s key seaports, the port primarily traffics bulk cargo. Paradip Port plays a critical role in serving the Eastern and Central parts of the country. Well connected by rail as well as road, its reach extends into the states of Orissa, Jharkhand, Chhatisgarh, West Bengal, Madhya Pradesh and Bihar.
  • ABG Vizag, the most natural and most easily formed port on the east coast of India forms an important traffic point on the eastern coast. Nestled among a chain of hills, flanked by massive rock hills on the Southern and Northern side, Vizag Port is one of the fastest industrial ports in India.

ABG has made remarkable achievements in owning, operating, maintaining & giving on hire cranes including heavy duty cranes to a wide spectrum of services and Industry.In 1985 ABG had set up a Project and Mechanical Construction Division. This division has successfully executed large scale mechanical projects, as well as Shutdown and Turnaround jobs.

Subsidiaries:

The Company has three subsidiaries: ABG Kolkata Container Terminal Private Limited, ABG Kandla Container Terminal Private Limited and ABG Projects and Services Limited (United Kingdom).

ABG has secured an order from Bharat Oman Refineries Limited , Bina, MP for heavy erection works including detail engineering of the lifts. A total 3000MT of lifts has been planned including 3 reactors each weighing 520MT. The 1250MT capacity Demag CC6800 shall be utilsed as the main crane while a suitable 300MT crane shall be utilized as a tailing.

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