Timescan Logistics (India) Ltd - Stock Valuation and Financial Performance

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

BSE Share Price
Not Listed

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Timescan Logistics (India) stock performance -

mw4me loader
P/E Ratio (SA):
12.29
Market Cap:
45.8 Cr.
52-wk low:
0
52-wk high:
0

Is Timescan Logistics (India) Ltd an attractive stock to invest in?

1. Is Timescan Logistics (India) Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Timescan Logistics (India) Ltd is a average quality company.

2. Is Timescan Logistics (India) Ltd undervalued or overvalued?

The key valuation ratios of Timescan Logistics (India) Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Timescan Logistics (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Timescan Logistics (India) 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 Timescan Logistics:

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.
Timescan Logistics (India) 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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 0%0%20.4%18.7%21.6%25.7%24.6%-
Value Creation
Index
NANA0.50.30.50.80.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0063.965.199.5168203203
Sales YoY Gr.-NANA1.9%52.9%69.2%20.7%-
Adj EPS 003.13.14.87.911.110.7
YoY Gr.-NANA-1%53.4%66%39.9%-
BVPS (₹) 000023.236.646.646.6
Adj Net
Profit
000.80.81.22.83.94
Cash Flow from Ops. 000.70.6-0.9-5.59.2-
Debt/CF from Ops. 000.60.7-1.9-0.50.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA46.1%20.7%
Adj EPS NANA52.7%39.9%
BVPSNANANA27.4%
Share Price - - - 10.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0022.620.123.829.126.122.8
Op. Profit
Mgn %
0022.32.22.73.1NAN
Net Profit
Mgn %
001.31.21.21.61.91.8
Debt to
Equity
000.10.10.30.20.1-
Working Cap
Days
000677269560
Cash Conv.
Cycle
000212928200

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 46.14%

Net Profit is growing at healthy rate in last 3 years 52.73%

Return on Equity has declined versus last 3 years average to 22.80%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Timescan Logistics (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 10.7 -
TTM Sales (₹ Cr.) 203 -
BVPS (₹.) 46.6 -
Reserves (₹ Cr.) 13 -
P/BV 2.81 -
PE 12.29 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 45.8
Equity (₹ Cr.) 3.5
Face Value (₹) 10
Industry PE 40.1

Management X-Ray of Timescan Logistics:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Timescan Logistics

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Sales63.8865.0899.51168.34203.13
Operating Expenses 62.5963.5697.35163.79197.06
Manufacturing Costs50.1152.4792.73157.12188.32
Material Costs00000
Employee Cost 1.862.282.653.524.73
Other Costs 10.628.801.983.154
Operating Profit 1.291.522.164.556.07
Operating Profit Margin (%) 2.0%2.3%2.2%2.7%3.0%
Other Income 0.060.020.250.230.04
Interest 0.020.030.150.360.55
Depreciation 0.160.320.390.460.57
Exceptional Items 00000
Profit Before Tax 1.161.191.873.964.98
Tax 0.330.400.521.051.26
Profit After Tax 0.830.801.352.913.72
PAT Margin (%) 1.3%1.2%1.4%1.7%1.8%
Adjusted EPS (₹)3.33.15.38.310.7
Dividend Payout Ratio (%)0%0%0%6%5%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 3.554.335.9213.1216.59
Share Capital 0.050.050.053.493.49
Reserves 3.504.285.879.6213.09
Minority Interest00000
Debt0.450.361.642.882
Long Term Debt0.010000
Short Term Debt0.440.361.642.882
Trade Payables5.045.308.8715.1810.03
Others Liabilities 4.934.8514.028.836.82
Total Liabilities 13.9714.8330.4540.0135.43

Fixed Assets

Gross Block2.101.973.193.264.48
Accumulated Depreciation000.981.171.75
Net Fixed Assets2.101.972.212.092.73
CWIP 0000.614.85
Investments 0.040.040.040.040.04
Inventories00000
Trade Receivables9.189.1121.4429.2019.14
Cash Equivalents 0.280.641.050.372.22
Others Assets2.363.085.717.706.45
Total Assets 13.9714.8330.4540.0135.43

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.720.56-0.89-5.459.20
PBT 1.161.191.873.964.98
Adjustment 0.130.330.290.550.96
Changes in Working Capital -0.55-0.96-3.05-9.964.14
Tax Paid 0000-0.88
Cash Flow From Investing Activity -1.52-0.16-0.38-0.74-6.04
Capex -1.49-0.17-0.63-0.94-6.07
Net Investments -0.040000
Others 0.010.010.250.200.04
Cash Flow From Financing Activity 0.66-0.041.685.51-1.31
Net Proceeds from Shares 0004.810
Net Proceeds from Borrowing 0-0.01000
Interest Paid -0.02-0.03-0.15-0.32-0.50
Dividend Paid 00000
Others 0.6701.831.02-0.81
Net Cash Flow -0.150.360.41-0.681.85
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)23.4320.1926.3931.1125.6
ROCE (%)29.5328.232.9837.2532.58
Asset Turnover Ratio4.574.524.394.785.39
PAT to CFO Conversion(x)0.870.7-0.66-1.872.47
Working Capital Days
Receivable Days5251565543
Inventory Days00000
Payable Days00000

Timescan Logistics (India) Ltd Stock News

Timescan Logistics (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Timescan Logistics 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 Timescan Logistics stood at ₹45.75.
The latest P/E ratio of Timescan Logistics as of 01-Jan-1970 05:30 is 12.29.
The latest P/B ratio of Timescan Logistics as of 01-Jan-1970 05:30 is 2.81.
The 52-week high of Timescan Logistics is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Timescan Logistics is ₹203.1 ( Cr.) .

About Timescan Logistics (India) Ltd

Timescan Logistics (India) is an ISO 9001:2015 certified company for Quality Management Services for providing services namely International Freight Forwarding, Customs Broker, Third Party Logistics (3PL), Warehousing and Transportation services. It has been registered as Custom House Broker with Custom Office – Chennai, Custom Office - Vijayawada and Custom office - Mundra under Department of Revenue, Ministry of Finance and authorised to transact business as Custom Broker all over India by the Custom Office, Chennai under Department of Revenue, Ministry of Finance. It is also registered as a Multimodal Transport Operator under the Multimodal Transportation of Goods Act, 1993 to carry on/commence the business of Multimodal transportation under the Directorate General of Shipping, Ministry of Shipping, Government of India. It is also having approximately 16,354 Sqft warehouse taken on long term lease Under Free Trade Warehousing Zone of JMD Chennai SEZ.

The company has also complied with the conditions of membership for World Cargo Alliance (WCA) and now become a member of World Cargo Alliance (WCA). World Cargo Alliance is the world’s largest and most powerful network of independent freight forwarders, which benefited the members in Global reach, Networking & events, Marketing & Promotions etc. Every member of every WCAworld network is also automatically covered by the most generous and extensive financial protection program in the industry, which allows member company to conduct business with other WCA members with complete security and peace of mind.

Business area of the company

Timescan Logistics (India) is a young and professionally managed cargo company in the arena of international air, sea and multimodal handling of transportation needs to and from any part of the world.

Product portfolio and business activity

  • SEA / AIR Freight Forwarding
  • Equipment Rentals / Turnkey Projects
  • Customs Clearance
  • ISO/ Flexi Tanks / Hazardous Cargo
  • Warehousing
  • NVOCC
  • Transportation
  • Third Party Logistics (3PL)
  • Multimodal Transportation
  • Packaging / Palletization / Fumigation
  • Project Cargo / ODC Consignments
  • Vendor Management
  • Break Bulk / Heavy Lift
  • Door to Door Delivery
  • Vessel Charter / Chartering
  • Exhibition Cargo
  • FCL / LCL consolidation
  • Cargo Insurance

Key Milestones

  • 2006: Incorporation of company as ‘Timescan Logistics Private Limited’ at Chennai.
  • 2012: Name of company changed to ‘Timescan Logistics (India) Private Limited’.
  • 2012: Successfully Completed the Power Project of 440 containers approximately to Africa.
  • 2018: Registered with Shipping Ministry for Multimodal Transportation
  • 2018: Awarded CHB (Custom House Broker) License by Custom House, Chennai, Tamil Nadu.
  • 2018:  Expanded operations as Custom House Broker from Custom House, Vijayawada, Andhra Pradesh.
  • 2018: Warehouse taken on sublease at SEZ area.
  • 2018: Crossed the turnover of Rs 50 crore for FY 2017-18.
  • 2018: Awarded ISO 9001:2015 Quality Management certification.
  • 2019: Geographical Expansion of our Operations to Delhi and opened a separate Branch Office.
  • 2019: Obtained World Cargo Alliance Membership (WCA).
  • 2019: Registered as MSME under the Industry classification category of Sea & coastal freight water transport.
  • 2021: Expanded operations as Custom House Broker from Custom House, Mundra Port, Gujarat.
  • 2021: Crossed the turnover of Rs 95 crore for FY 2020-21.
  • 2021: The Private Limited got converted into Public Limited and name changed to “Timescan Logistics (India) Limited”.
  • 2021: Company got shareholders’ approval in AGM for raise the fund through Initial Public Offer (IPO) and get Listed.
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