Cash flow Lancer Container Lines Limited

Equities

LANCER

INE359U01028

Marine Freight & Logistics

Market Closed - Bombay S.E. Other stock markets 05:00:59 2026-01-21 am EST			5-day change	1st Jan Change
10.94 ^INR	-2.23%		-8.22%	-14.06%

Dec. 15	Lancer Container Lines Limited Approves the Appointment of Heena Imran Shaikh as an Executive Director	CI
Nov. 14	Lancer Container Lines Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2025	CI

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Published financial data: LANCER CONTAINER LINES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	3.13B	6.42B	8.37B	6.33B	6.99B
Other Revenues, Total	-1K	-	-	-	-
Total Revenues	3.13B	6.42B	8.37B	6.33B	6.99B
Cost of Goods Sold, Total	2.85B	5.85B	7.4B	5.36B	6.72B
Gross Profit	275M	560M	976M	973M	267M
Selling General & Admin Expenses, Total	24.98M	701K	3.35M	1.33M	-
Depreciation & Amortization - (IS)	95.41M	95.45M	167M	204M	235M
Other Operating Expenses	7.52M	59.38M	76.96M	90.75M	117M
Other Operating Expenses, Total	128M	156M	248M	296M	352M
Operating Income	147M	405M	729M	677M	-85.04M
Interest Expense, Total	-31.53M	-23.97M	-125M	-115M	-55.86M
Interest And Investment Income	2.08M	7.69M	16.64M	16.03M	11.16M
Net Interest Expenses	-29.45M	-16.28M	-108M	-98.7M	-44.7M
Currency Exchange Gains (Loss)	1.23M	-	17.06M	75.8M	80.22M
Other Non Operating Income (Expenses)	10.35M	8.41M	27.8M	39.41M	54.98M
EBT, Excl. Unusual Items	129M	397M	666M	693M	5.46M
Gain (Loss) On Sale Of Investments	1.88M	1.9M	2.94M	3.1M	7.84M
Gain (Loss) On Sale Of Assets	-	-	19.34M	-	272K
Insurance Settlements	-	-	-	-	-
EBT, Incl. Unusual Items	131M	399M	688M	697M	13.57M
Income Tax Expense	34.05M	109M	151M	113M	17.05M
Earnings From Continuing Operations	97.09M	290M	537M	584M	-3.48M
Net Income to Company	97.09M	290M	537M	584M	-3.48M
Net Income - (IS)	97.09M	290M	537M	584M	-3.48M
Net Income to Common Incl Extra Items	97.09M	290M	537M	584M	-3.48M
Net Income to Common Excl. Extra Items	97.09M	290M	537M	584M	-3.48M
Per Share Items
Net EPS - Basic	0.54	1.6	2.96	2.65	-0.01
Basic EPS - Continuing Operations	0.54	1.6	2.96	2.65	-0.01
Basic Weighted Average Shares Outstanding	181M	181M	181M	221M	240M
Net EPS - Diluted	0.54	1.6	2.71	2.65	-0.01
Diluted EPS - Continuing Operations	0.54	1.6	2.71	2.65	-0.01
Diluted Weighted Average Shares Outstanding	181M	181M	215M	221M	240M
Normalized Basic EPS	0.45	1.37	2.29	1.96	0.01
Normalized Diluted EPS	0.45	1.37	1.93	1.96	0.01
Dividend Per Share	0.03	-	-	-	-
Payout Ratio	-	0.44	-	0.74	-
Supplemental Items
EBITDA	222M	470M	856M	854M	142M
EBITA	147M	405M	729M	677M	-85.04M
EBIT	147M	405M	729M	677M	-85.04M
EBITDAR	246M	-	-	-	-
Total Revenues (As Reported)	3.14B	6.43B	8.46B	6.47B	7.15B
Effective Tax Rate - (Ratio)	25.96	27.38	21.9	16.21	125.62
Total Current Taxes	32.6M	107M	149M	110M	13.64M
Total Deferred Taxes	1.45M	1.87M	2.11M	3.04M	3.4M
Normalized Net Income	80.79M	248M	416M	433M	3.41M
Interest on Long-Term Debt	-	8.43M	22.11M	8.08M	853K
Non-Cash Pension Expense	36K	24K	24K	123K	-26K
Supplemental Operating Expense Items
Advertising Expense	417K	701K	3.35M	1.33M	-
Selling and Marketing Expenses	417K	701K	3.35M	1.33M	-
Net Rental Expense, Total	24.57M	-	-	-	-
Imputed Operating Lease Interest Expense	18.62M	-	-	-	-
Imputed Operating Lease Depreciation	5.94M	-	-	-	-
Maintenance & Repair Expenses, Total	6.92M	10M	6.44M	4.74M	2.5M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	188M	483M	410M	354M	308M
Short Term Investments	-	-	-	-	-
Trading Asset Securities, Total	57.63M	20.52M	52.05M	64.28M	77.42M
Total Cash And Short Term Investments	246M	504M	462M	418M	386M
Accounts Receivable, Total	307M	553M	940M	1.12B	748M
Other Receivables	648K	14.53M	2.32M	2.06M	73.98M
Total Receivables	308M	568M	942M	1.13B	822M
Inventory	15.41M	44.26M	28.27M	27.22M	28.81M
Prepaid Expenses	57K	7K	6K	2.06M	4.3M
Other Current Assets, Total	24.55M	25.49M	2.5B	53.75M	125M
Total Current Assets	594M	1.14B	3.93B	1.63B	1.37B
Gross Property Plant And Equipment	1.02B	1.31B	1.91B	2.11B	-
Accumulated Depreciation	-370M	-452M	-596M	-693M	-
Net Property Plant And Equipment	650M	862M	1.31B	1.42B	4.6B
Long-term Investments	1K	1K	101K	5.1M	101K
Other Intangibles, Total	-	1.07M	825K	2.66M	6.59M
Deferred Tax Assets Long-Term	-	-	-	-	-
Deferred Charges Long-Term	92K	-	1.2M	611K	-
Other Long-Term Assets, Total	12.03M	11.56M	17.7M	2.56B	59.94M
Total Assets	1.26B	2.02B	5.26B	5.62B	6.03B
Liabilities
Accounts Payable, Total	455M	800M	403M	409M	353M
Accrued Expenses, Total	10.34M	13.44M	146M	33.92M	5.4M
Short-term Borrowings	9.5M	49.99M	-	-	-
Current Portion of Long-Term Debt	41.5M	39M	40.88M	179M	200M
Current Portion of Leases	21.81M	33.49M	36.21M	6.61M	2.87M
Current Income Taxes Payable	197K	-	251K	-	11.69M
Other Current Liabilities	25.46M	35.24M	40.65M	32.93M	110M
Total Current Liabilities	564M	971M	667M	661M	683M
Long-Term Debt	171M	160M	2.64B	937M	460M
Long-Term Leases	65.82M	139M	107M	2.87M	-
Pension & Other Post Retirement Benefits	797K	3.58M	2.08M	629K	2M
Deferred Tax Liability Non Current	6.87M	8.16M	10.24M	13.88M	16.38M
Other Non Current Liabilities	1.81M	1.37M	770K	350K	-
Total Liabilities	810M	1.28B	3.43B	1.62B	1.16B
Common Stock, Total	100M	301M	308M	1.14B	1.25B
Additional Paid In Capital	-	-	155M	1.98B	2.81B
Retained Earnings	346M	431M	968M	788M	782M
Comprehensive Income and Other	-270K	-	402M	90.01M	24.34M
Total Common Equity	446M	732M	1.83B	4B	4.87B
Total Equity	446M	732M	1.83B	4B	4.87B
Total Liabilities And Equity	1.26B	2.02B	5.26B	5.62B	6.03B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	181M	181M	185M	229M	250M
ECS Total Common Shares Outstanding	181M	181M	185M	229M	250M
Book Value / Share	2.47	4.05	9.93	17.52	19.45
Tangible Book Value	446M	731M	1.83B	4B	4.86B
Tangible Book Value Per Share	2.47	4.04	9.92	17.5	19.42
Total Debt	309M	422M	2.83B	1.13B	663M
Net Debt	63.25M	-82.35M	2.37B	707M	277M
Debt Equivalent of Unfunded Proj. Benefit Obligation	797K	3.58M	2.08M	178K	2.58M
Debt Equivalent Oper. Leases	197M	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Work In Process, Total	4.24M	-	-	-	-
Inventories - Finished Goods, Total	11.17M	44.26M	28.27M	27.22M	28.81M
Land - (BS)	2.07M	2.07M	2.07M	2.07M	-
Buildings, Total	231M	231M	191M	191M	-
Machinery, Total	671M	801M	1.49B	1.89B	-
Full Time Employees	184	197	231	230	198

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	97.09M	290M	537M	584M	-3.48M
Depreciation & Amortization - CF	95.41M	94.24M	167M	203M	233M
Depreciation & Amortization, Total	95.41M	94.24M	167M	203M	233M
Amortization of Deferred Charges, Total - (CF)	92K	1.3M	709K	911K	2.75M
(Gain) Loss From Sale Of Asset	2.44M	-2.01M	-18.58M	-2.18M	-272K
(Gain) Loss on Sale of Investments - (CF)	-1.14M	-1.9M	-2.94M	-3.26M	-7.02M
Provision and Write-off of Bad Debts	-	7.81M	1.25M	263K	466K
Other Operating Activities, Total	46.26M	60.13M	244M	73.58M	42.47M
Change In Accounts Receivable	-128M	-254M	-388M	-185M	422M
Change In Inventories	-1.82M	-33.09M	15.99M	1.05M	6.19M
Change In Accounts Payable	231M	346M	-265M	-102M	-121M
Change in Other Net Operating Assets	-21.24M	-40.29M	-2.53B	-139M	2.52B
Cash from Operations	320M	468M	-2.23B	432M	3.1B
Capital Expenditure	-56.28M	-199M	-671M	-426M	-3.42B
Sale of Property, Plant, and Equipment	18.62M	3.66M	72.07M	21.52M	5.24M
Sale (Purchase) of Intangible assets	-	-	-	-65K	-
Investment in Marketable and Equity Securities, Total	-21.14M	38.82M	-28.68M	-13.98M	22.08M
Other Investing Activities, Total	1.5M	6.81M	15.53M	15.78M	11.16M
Cash from Investing	-57.3M	-149M	-612M	-403M	-3.39B
Short Term Debt Issued, Total	-	37.99M	-	138M	21.05M
Long-Term Debt Issued, Total	-	-	2.93B	-	308M
Total Debt Issued	-	37.99M	2.93B	138M	329M
Short Term Debt Repaid, Total	-9.15M	-	-48.11M	-	-
Long-Term Debt Repaid, Total	-95.92M	-45.01M	-52.57M	-162M	-8.42M
Total Debt Repaid	-105M	-45.01M	-101M	-162M	-8.42M
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-	-1.28M	-	-4.3M	-
Common & Preferred Stock Dividends Paid	-	-1.28M	-	-4.3M	-
Other Financing Activities, Total	-22.99M	-15.54M	-52.5M	-56.6M	-75.92M
Cash from Financing	-128M	-23.85M	2.77B	-84.68M	245M
Miscellaneous Cash Flow Adjustments	-1K	-	-	-	-2K
Net Change in Cash	134M	295M	-73.46M	-55.72M	-45.71M
Supplemental Items
Cash Interest Paid	22.99M	15.54M	52.5M	59.94M	53.32M
Cash Income Tax Paid (Refund)	14M	64.34M	84.8M	77.74M	39.31M
Levered Free Cash Flow	209M	203M	-3.22B	-198M	-3.04B
Unlevered Free Cash Flow	228M	218M	-3.14B	-126M	-3.01B
Change In Net Working Capital	-97.18M	-67.92M	3.09B	327M	-234M
Net Debt Issued / Repaid	-105M	-7.02M	2.83B	-23.78M	321M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	8.29	15.46	12.51	7.77	-0.91
Return on Total Capital	12.6	26.49	15.67	8.64	-1
Return On Equity %	24.45	49.14	41.89	20	-0.08
Return on Common Equity	24.45	49.14	41.89	20	-0.08
Margin Analysis
Gross Profit Margin %	8.8	8.73	11.66	15.36	3.82
SG&A Margin	0.8	0.01	0.04	0.02	-
EBITDA Margin %	7.09	7.32	10.22	13.48	2.03
EBITA Margin %	4.71	6.31	8.71	10.69	-1.22
EBIT Margin %	4.71	6.31	8.71	10.69	-1.22
Income From Continuing Operations Margin %	3.11	4.51	6.42	9.21	-0.05
Net Income Margin %	3.11	4.51	6.42	9.21	-0.05
Net Avail. For Common Margin %	3.11	4.51	6.42	9.21	-0.05
Normalized Net Income Margin	2.58	3.87	4.97	6.84	0.05
Levered Free Cash Flow Margin	6.68	3.16	-38.43	-3.12	-43.53
Unlevered Free Cash Flow Margin	7.31	3.4	-37.5	-1.99	-43.03
Asset Turnover
Asset Turnover	2.82	3.92	2.3	1.16	1.2
Fixed Assets Turnover	4.77	8.5	7.7	4.64	2.32
Receivables Turnover (Average Receivables)	12.87	14.91	11.22	6.14	7.47
Inventory Turnover (Average Inventory)	218.36	211.25	203.92	193.21	240.03
Short Term Liquidity
Current Ratio	1.05	1.18	5.89	2.46	2
Quick Ratio	0.98	1.1	2.1	2.34	1.77
Operating Cash Flow to Current Liabilities	0.57	0.48	-3.35	0.65	4.53
Days Sales Outstanding (Average Receivables)	28.35	24.47	32.55	59.64	48.87
Days Outstanding Inventory (Average Inventory)	1.67	1.73	1.79	1.89	1.52
Average Days Payable Outstanding	43.55	38.9	20.3	27.73	21.06
Cash Conversion Cycle (Average Days)	-13.53	-12.7	14.04	33.8	29.33
Long Term Solvency
Total Debt/Equity	69.37	57.55	154.28	28.11	13.62
Total Debt / Total Capital	40.96	36.53	60.67	21.94	11.99
LT Debt/Equity	53.04	40.83	150.07	23.48	9.45
Long-Term Debt / Total Capital	31.32	25.92	59.02	18.33	8.32
Total Liabilities / Total Assets	64.49	63.66	65.18	28.76	19.26
EBIT / Interest Expense	4.67	16.88	5.85	5.9	-1.52
EBITDA / Interest Expense	7.69	20.81	7.19	7.67	2.64
(EBITDA - Capex) / Interest Expense	5.91	12.53	1.8	3.96	-58.67
Total Debt / EBITDA	1.28	0.84	3.16	1.28	4.49
Net Debt / EBITDA	0.26	-0.17	2.64	0.8	1.88
Total Debt / (EBITDA - Capex)	1.66	1.4	12.59	2.48	-0.2
Net Debt / (EBITDA - Capex)	0.34	-0.27	10.53	1.56	-0.08
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	17.85	105.21	30.5	-24.34	10.38
Gross Profit, 1 Yr. Growth %	-1.21	103.67	74.28	-0.33	-72.56
EBITDA, 1 Yr. Growth %	0.12	112.64	82.1	-0.18	-83.37
EBITA, 1 Yr. Growth %	6.71	172.76	80.1	-7.12	-112.56
EBIT, 1 Yr. Growth %	6.71	172.76	80.1	-7.12	-112.56
Earnings From Cont. Operations, 1 Yr. Growth %	21.18	198.2	85.6	8.61	-100.6
Net Income, 1 Yr. Growth %	21.18	198.2	85.6	8.61	-100.6
Normalized Net Income, 1 Yr. Growth %	20.21	205.24	68.64	3.88	-99.11
Diluted EPS Before Extra, 1 Yr. Growth %	21.21	198.3	69.53	4.76	-100.56
Accounts Receivable, 1 Yr. Growth %	71.94	80.14	69.89	19.66	-33.52
Inventory, 1 Yr. Growth %	43.96	296.2	-36.12	-3.72	5.83
Net Property, Plant and Equip., 1 Yr. Growth %	-1.5	32.99	52.21	8.14	224.22
Total Assets, 1 Yr. Growth %	30.36	60.52	161.15	6.74	7.34
Tangible Book Value, 1 Yr. Growth %	27.97	64.68	150.52	118.34	21.58
Common Equity, 1 Yr. Growth %	27.97	64.26	150.27	118.38	21.66
Cash From Operations, 1 Yr. Growth %	93.31	46.38	-577.47	-119.32	617.16
Capital Expenditures, 1 Yr. Growth %	1.1	252.77	237.8	-36.48	704
Levered Free Cash Flow, 1 Yr. Growth %	191.88	-3.14	-1.69K	-73.43	1.44K
Unlevered Free Cash Flow, 1 Yr. Growth %	152.42	-4.93	-1.54K	-81.09	2.29K
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	25.84	55.51	63.65	-0.63	-8.62
Gross Profit, 2 Yr. CAGR %	5.22	41.84	88.4	31.8	-47.7
EBITDA, 2 Yr. CAGR %	0.48	45.64	96.78	34.82	-59.26
EBITA, 2 Yr. CAGR %	-0.89	71.32	121.64	29.34	-65.84
EBIT, 2 Yr. CAGR %	-0.89	71.32	121.64	29.34	-65.84
Earnings From Cont. Operations, 2 Yr. CAGR %	8.67	90.09	135.26	41.98	-91.96
Net Income, 2 Yr. CAGR %	8.67	90.09	135.26	41.98	-91.96
Normalized Net Income, 2 Yr. CAGR %	6.17	92.09	126.31	32.53	-90.95
Diluted EPS Before Extra, 2 Yr. CAGR %	8.68	90.15	124.81	28.58	-92.43
Accounts Receivable, 2 Yr. CAGR %	64.22	75.99	74.94	42.58	-10.81
Inventory, 2 Yr. CAGR %	-	103.34	59.09	-21.58	0.95
Net Property, Plant and Equip., 2 Yr. CAGR %	1.32	14.29	42.28	28.3	87.24
Total Assets, 2 Yr. CAGR %	22.61	44.65	104.74	66.96	7.04
Tangible Book Value, 2 Yr. CAGR %	28.18	44.88	103.12	133.88	62.93
Common Equity, 2 Yr. CAGR %	28.18	44.98	102.75	133.78	63
Cash From Operations, 2 Yr. CAGR %	23.03	68.22	164.38	-3.96	17.7
Capital Expenditures, 2 Yr. CAGR %	-58.25	88.85	245.21	46.48	125.98
Levered Free Cash Flow, 2 Yr. CAGR %	24.87	68.45	291.96	-1.3	102.28
Unlevered Free Cash Flow, 2 Yr. CAGR %	38.56	55.17	270.16	-23.97	112.54
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	41.88	48.12	46.68	26.54	2.91
Gross Profit, 3 Yr. CAGR %	16.76	31.13	51.92	52.37	-21.88
EBITDA, 3 Yr. CAGR %	13.42	28.84	56.9	56.94	-32.89
EBITA, 3 Yr. CAGR %	11.41	39.28	74.19	65.86	-40.55
EBIT, 3 Yr. CAGR %	11.41	39.28	74.19	65.86	-40.55
Earnings From Cont. Operations, 3 Yr. CAGR %	12.33	52.14	88.58	81.83	-77.1
Net Income, 3 Yr. CAGR %	12.33	52.14	88.58	81.83	-77.1
Normalized Net Income, 3 Yr. CAGR %	12.32	51.25	83.62	74.73	-75.99
Diluted EPS Before Extra, 3 Yr. CAGR %	-0.41	52.16	82.97	70.18	-79.17
Accounts Receivable, 3 Yr. CAGR %	60.75	69.36	73.94	54.14	10.56
Inventory, 3 Yr. CAGR %	-	-	38.23	34.57	-13.34
Net Property, Plant and Equip., 3 Yr. CAGR %	19.58	10.83	25.75	29.84	74.75
Total Assets, 3 Yr. CAGR %	33.73	34.13	76.14	64.79	44.1
Tangible Book Value, 3 Yr. CAGR %	33.16	39.16	73.89	108.07	88.05
Common Equity, 3 Yr. CAGR %	33.16	39.23	73.92	107.83	88.04
Cash From Operations, 3 Yr. CAGR %	27.33	30.37	138.18	10.52	87.72
Capital Expenditures, 3 Yr. CAGR %	-27.6	-14.96	129.25	96.34	158.39
Levered Free Cash Flow, 3 Yr. CAGR %	145.66	14.88	255.71	-1.91	146.64
Unlevered Free Cash Flow, 3 Yr. CAGR %	253.28	22.34	226.18	-18.09	139.93
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	48.61	52.57	50.22	26.26	21.39
Gross Profit, 5 Yr. CAGR %	7.73	43.66	41.39	31.4	-0.83
EBITDA, 5 Yr. CAGR %	28.18	49.21	41.28	31.2	-8.51
EBITA, 5 Yr. CAGR %	39.33	78.95	46.94	35.21	-9.21
EBIT, 5 Yr. CAGR %	39.33	78.95	46.94	35.21	-9.21
Earnings From Cont. Operations, 5 Yr. CAGR %	77.56	76.78	50.98	47.99	-46.61
Net Income, 5 Yr. CAGR %	77.56	76.78	50.98	47.99	-46.61
Normalized Net Income, 5 Yr. CAGR %	62.31	81.15	48.81	43.32	-44.9
Diluted EPS Before Extra, 5 Yr. CAGR %	63.6	73.17	37.93	42.24	-49.55
Accounts Receivable, 5 Yr. CAGR %	65.56	55.11	66.29	58.1	33.16
Inventory, 5 Yr. CAGR %	1.39	37.09	-	-	21.9
Net Property, Plant and Equip., 5 Yr. CAGR %	20.25	25.35	28.12	17.51	47.46
Total Assets, 5 Yr. CAGR %	29.54	37.77	58.57	46.41	44.32
Tangible Book Value, 5 Yr. CAGR %	47.99	46.59	57.53	71.28	69.42
Common Equity, 5 Yr. CAGR %	47.36	46.64	57.55	71.3	69.47
Cash From Operations, 5 Yr. CAGR %	39.04	49.79	70.55	15.37	79.66
Capital Expenditures, 5 Yr. CAGR %	-15.46	20.2	35.23	5.7	127.93
Levered Free Cash Flow, 5 Yr. CAGR %	20.02	34.22	196.36	8.11	111.75
Unlevered Free Cash Flow, 5 Yr. CAGR %	25.45	43.14	260.18	1.15	101.54