Is Coastal Corporation a good quality company?

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

Is Coastal Corporation 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 .

What is Coastal Corporation share price return in the past 10 years?

Coastal Corporation Ltd share price has appreciated 56.9% annually (CAGR) over the past ten years.

Is Coastal Corporation 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.

Coastal Corporation Ltd - Stock Valuation and Financial Performance

Name: Coastal Corporation
Brand: Coastal Corporation

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

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Coastal Corporation Share Price

₹250.20 -2.50 -0.99%
as on 19-Apr'24 16:01

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

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'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	23.6%	18%	12%	16.4%	20.5%	22.6%	12.3%	6.7%	3.6%	2.5%	-
Value Creation Index ⓘ	0.7	0.3	-0.2	0.2	0.5	0.6	-0.1	-0.5	-0.8	-0.8	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	230	277	332	472	507	468	513	402	461	337	385
Sales YoY Gr.	-	20.6%	19.8%	41.9%	7.5%	-7.6%	9.5%	-21.6%	14.5%	-26.9%	-
Adj EPS ⓘ	10.2	9.5	7.4	13	23.1	38.5	25.6	15.2	7.2	2.1	4.4
YoY Gr.	-	-6.4%	-22.4%	75.8%	78.4%	66.3%	-33.6%	-40.5%	-53%	-71.2%	-
BVPS (₹) ⓘ	24.5	33.9	40.8	54.1	77	116.3	145.8	165.3	181.1	204.4	214
Adj Net Profit ⓘ	10.9	10.2	7.9	13.9	24.8	41.3	27.4	17.1	8.7	2.8	6
Cash Flow from Ops. ⓘ	-11.9	-16	24	6	30.9	30.1	40.3	15.2	6.9	43.1	-
Debt/CF from Ops. ⓘ	-4.3	-4.8	2.7	13	2.8	4.1	2.8	9.1	25.1	4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	4.3%	-7.9%	-13.1%	-26.9%
Adj EPS ⓘ	-16.3%	-38.4%	-56.8%	-71.2%
BVPSⓘ	26.6%	21.6%	11.9%	12.9%
Share Price	56.9%	-5.4%	16%	17.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	52.2	32.6	19.8	27.3	35.3	39.8	19.5	9.9	4.3	1.2	2.1
Op. Profit Mgn % ⓘ	10	9.9	6.4	6.9	9.5	13.4	7.9	6.8	4.1	6.6	7.4
Net Profit Mgn % ⓘ	4.7	3.7	2.4	3	4.9	8.8	5.3	4.3	1.9	0.8	1.5
Debt to Equity ⓘ	1.9	2.1	1.5	1.4	1.1	1	0.7	0.7	0.8	0.7	-
Working Cap Days ⓘ	74	110	110	92	100	132	134	164	152	206	107
Cash Conv. Cycle ⓘ	34	67	66	46	45	70	78	100	97	139	18

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.65

Sales growth is good in last 4 quarters at 12.88%

Return on Equity has declined versus last 3 years average to 2.10%

Sales growth has been subdued in last 3 years -13.08%

Net Profit has been subdued in last 3 years -56.80%

Latest Financials - Coastal Corporation Ltd.

	Standalone	Consolidated
TTM EPS (₹)	4.4	1.1
TTM Sales (₹ Cr.)	385	392
BVPS (₹.) ⓘ	214	196.9
Reserves (₹ Cr.) ⓘ	276	253
P/BV ⓘ	1.18	1.28
PE ⓘ	57.42	230.34

From the Market
52 Week Low / High (₹)	181.70 / 354.90
All Time Low / High (₹)	2.50 / 526.90
Market Cap (₹ Cr.)	341
Equity (₹ Cr.)	13.5
Face Value (₹)	10
Industry PE ⓘ	65.2

Management X-Ray of Coastal Corporation:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Coastal Corporation

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Coastal Corporation

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'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	230	277	332	472	507	468	513	402	461	337
Operating Expenses ⓘ	207	250	311	441	459	406	472	375	442	314
Manufacturing Costs	31	42	54	66	73	54	55	54	59	50
Material Costs	158	200	247	362	370	304	369	273	308	206
Employee Cost	4	4	5	6	9	8	9	11	13	14
Other Costs ⓘ	14	4	5	7	7	40	40	37	62	45
Operating Profit ⓘ	23	27	21	31	48	63	41	27	19	22
Operating Profit Margin (%)	10.0%	9.9%	6.4%	6.5%	9.5%	13.4%	7.9%	6.7%	4.1%	6.6%
Other Income ⓘ	0	1	1	3	3	16	14	8	12	11
Interest ⓘ	5	10	8	9	9	8	6	4	6	11
Depreciation ⓘ	2	3	3	3	3	3	3	3	4	9
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	17	16	12	22	39	66	45	28	21	13
Tax ⓘ	6	5	4	8	14	24	11	8	6	4
Profit After Tax	11	10	8	13	25	43	35	20	15	9
PAT Margin (%)	4.7%	3.7%	2.4%	2.8%	4.9%	9.1%	6.8%	5.0%	3.3%	2.7%
Adjusted EPS (₹)	10.2	9.5	7.4	12.5	23.4	39.9	32.5	18.0	12.3	6.9
Dividend Payout Ratio (%)	0%	2%	5%	3%	2%	4%	4%	16%	15%	20%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	26	36	44	58	83	125	156	186	221	265
Share Capital ⓘ	1	1	3	3	3	10	10	11	12	13
Reserves ⓘ	25	35	41	56	80	115	146	175	209	252
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	49	76	64	77	85	123	112	137	166	166
Long Term Debt	4	1	0	2	1	0	0	15	25	26
Short Term Debt	45	75	64	75	85	123	112	122	141	139
Trade Payables	11	8	15	30	27	11	9	5	6	2
Others Liabilities ⓘ	13	15	14	18	24	36	22	22	25	24
Total Liabilities ⓘ	100	136	137	184	219	295	299	351	419	457
Fixed Assets
Gross Block	38	42	45	41	54	50	55	73	77	198
Accumulated Depreciation	6	9	11	12	14	17	20	22	26	35
Net Fixed Assetsⓘ	32	33	34	30	40	32	35	50	51	163
CWIP ⓘ	0	0	0	1	0	2	2	32	91	3
Investmentsⓘ	0	0	2	9	21	36	27	27	34	66
Inventories	30	45	29	50	46	83	78	89	96	101
Trade Receivables	16	31	41	46	49	45	38	30	41	28
Cash Equivalents	3	1	1	6	16	28	43	48	27	32
Others Assetsⓘ	19	26	29	43	47	69	76	73	79	63
Total Assets ⓘ	100	136	137	184	219	295	299	351	419	457

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	-12	-16	24	6	31	30	40	15	7	43
PBT ⓘ	17	16	12	23	39	66	45	28	21	13
Adjustment ⓘ	7	12	9	11	13	8	7	3	8	18
Changes in Working Capital ⓘ	-30	-38	8	-20	-7	-30	2	-8	-16	16
Tax Paid ⓘ	0	0	-5	-8	-13	-14	-14	-8	-6	-4
Cash Flow From Investing Activity ⓘ	-5	-3	-4	-6	-19	-10	-3	-41	-63	-57
Capex	-6	-5	-4	-2	-15	-6	-5	-13	-6	-120
Net Investments	0	0	0	1	4	0	0	0	1	0
Others ⓘ	0	2	-1	-4	-8	-4	3	-28	-58	63
Cash Flow From Financing Activityⓘ	18	17	-20	5	-2	-10	-22	30	35	20
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	10	13	31
Net Proceeds from Borrowing ⓘ	-1	-3	-1	3	-2	-1	-1	15	10	1
Interest Paid ⓘ	-5	-10	-8	-9	-9	-7	-6	-3	-5	-10
Dividend Paid ⓘ	0	0	0	0	0	0	-3	0	-3	-2
Others ⓘ	24	30	-11	11	9	-1	-12	9	21	0
Net Cash Flow ⓘ	1	-2	0	5	10	10	16	4	-21	6

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	52.2	32.59	19.78	26.33	35.65	41.24	24.78	11.82	7.36	3.69
ROCE (%)	35.34	26.87	18.05	24.89	31.59	35.86	20.02	10.74	7.39	5.79
Asset Turnover Ratio	2.9	2.36	2.44	2.95	2.52	1.82	1.73	1.24	1.2	0.77
PAT to CFO Conversion(x)	-1.09	-1.6	3	0.46	1.24	0.7	1.14	0.75	0.47	4.78
Working Capital Days
Receivable Days	19	30	40	34	34	36	30	31	28	37
Inventory Days	33	50	41	30	34	50	57	76	73	106
Payable Days	24	18	17	23	28	23	10	10	7	8

Coastal Corporation Ltd Stock News

Coastal Corporation Ltd FAQs

What is the share price of Coastal Corporation?

Company share prices are keep on changing according to the market conditions. The closing price of Coastal Corporation on 19-Apr-2024 16:01 is ₹250.2.

What is the market cap of Coastal Corporation?

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 19-Apr-2024 16:01 the market cap of Coastal Corporation stood at ₹341.4.

What is the P/E ratio of Coastal Corporation?

The latest P/E ratio of Coastal Corporation as of 19-Apr-2024 16:01 is 57.42.

What is the P/B ratio of Coastal Corporation?

The latest P/B ratio of Coastal Corporation as of 19-Apr-2024 16:01 is 1.18.

What is the 52-week high and low of Coastal Corporation?

The 52-week high of Coastal Corporation is ₹354.9 and the 52-week low is ₹181.7.

What is the TTM revenue of Coastal Corporation?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Coastal Corporation is ₹385.0 ( 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.