Cash flow Lancer Container Lines Limited

Equities

LANCER

INE359U01028

Marine Freight & Logistics

Delayed Bombay S.E. Other stock markets 04:07:50 2025-01-15 am EST			5-day change	1st Jan Change
32.85 ^INR	-0.54%		-10.36%	-9.37%

Dec. 31	Lancer Container Lines Limited Announces Resignation of Amol Mohan Shirke as Whole - Time Director, with Effect from January 01, 2025	CI
Dec. 05	Lancer Container Lines Ties Up with Dubai Firm for Vessel Chartering; Shares Up 6%	MT

034.AttrlYFp0cYUFpTsfbvmlIqi9bOYTc4SUepQlwEqG5s.TZAn7MgT6bdZcNeEKfOJ9eXXpcnVIKV-ZJgjpmoHSdN4szKhz12Dkld4-w

Published financial data: LANCER CONTAINER LINES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	2.65B	3.13B	6.42B	8.37B	6.33B
Other Revenues, Total	-	-1K	-	-	-
Total Revenues	2.65B	3.13B	6.42B	8.37B	6.33B
Cost of Goods Sold, Total	2.37B	2.85B	5.85B	7.4B	5.36B
Gross Profit	278M	275M	560M	976M	973M
Selling General & Admin Expenses, Total	8.35M	24.98M	701K	3.35M	1.33M
Depreciation & Amortization - (IS)	92.38M	95.41M	95.45M	167M	204M
Other Operating Expenses	39.82M	7.52M	59.38M	76.96M	90.75M
Other Operating Expenses, Total	141M	128M	156M	248M	296M
Operating Income	138M	147M	405M	729M	677M
Interest Expense, Total	-30.38M	-31.53M	-23.97M	-125M	-115M
Interest And Investment Income	631K	2.08M	7.69M	16.64M	16.03M
Net Interest Expenses	-29.74M	-29.45M	-16.28M	-108M	-98.7M
Currency Exchange Gains (Loss)	-7.03M	1.23M	-	17.06M	75.8M
Other Non Operating Income (Expenses)	6.42M	10.35M	8.41M	27.8M	39.41M
EBT, Excl. Unusual Items	108M	129M	397M	666M	693M
Gain (Loss) On Sale Of Investments	970K	1.88M	1.9M	2.94M	3.1M
Gain (Loss) On Sale Of Assets	-	-	-	19.34M	-
Insurance Settlements	-	-	-	-	-
EBT, Incl. Unusual Items	109M	131M	399M	688M	697M
Income Tax Expense	28.38M	34.05M	109M	151M	113M
Earnings From Continuing Operations	80.12M	97.09M	290M	537M	584M
Net Income to Company	80.12M	97.09M	290M	537M	584M
Net Income - (IS)	80.12M	97.09M	290M	537M	584M
Net Income to Common Incl Extra Items	80.12M	97.09M	290M	537M	584M
Net Income to Common Excl. Extra Items	80.12M	97.09M	290M	537M	584M
Per Share Items
Net EPS - Basic	0.44	0.54	1.6	2.96	2.65
Basic EPS - Continuing Operations	0.44	0.54	1.6	2.96	2.65
Basic Weighted Average Shares Outstanding	181M	181M	181M	181M	221M
Net EPS - Diluted	0.44	0.54	1.6	2.71	2.65
Diluted EPS - Continuing Operations	0.44	0.54	1.6	2.71	2.65
Diluted Weighted Average Shares Outstanding	181M	181M	181M	215M	221M
Normalized Basic EPS	0.37	0.45	1.37	2.29	1.96
Normalized Diluted EPS	0.37	0.45	1.37	1.93	1.96
Dividend Per Share	-	0.03	-	-	-
Payout Ratio	-	-	0.44	-	0.74
Supplemental Items
EBITDA	222M	222M	470M	856M	854M
EBITA	138M	147M	405M	729M	677M
EBIT	138M	147M	405M	729M	677M
EBITDAR	227M	246M	-	-	-
Total Revenues (As Reported)	2.66B	3.14B	6.43B	8.46B	6.47B
Effective Tax Rate - (Ratio)	26.15	25.96	27.38	21.9	16.21
Total Current Taxes	27.5M	32.6M	107M	149M	110M
Total Deferred Taxes	877K	1.45M	1.87M	2.11M	3.04M
Normalized Net Income	67.21M	80.79M	248M	416M	433M
Interest on Long-Term Debt	-	-	8.43M	22.11M	8.08M
Non-Cash Pension Expense	29K	36K	24K	24K	123K
Supplemental Operating Expense Items
Advertising Expense	2.39M	417K	701K	3.35M	1.33M
Selling and Marketing Expenses	2.39M	417K	701K	3.35M	1.33M
Net Rental Expense, Total	5.96M	24.57M	-	-	-
Imputed Operating Lease Interest Expense	4.13M	18.62M	-	-	-
Imputed Operating Lease Depreciation	1.84M	5.94M	-	-	-
Maintenance & Repair Expenses, Total	2.55M	6.92M	10M	6.44M	4.74M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	54.07M	188M	483M	410M	354M
Short Term Investments	-	-	-	-	-
Trading Asset Securities, Total	34.61M	57.63M	20.52M	52.05M	64.28M
Total Cash And Short Term Investments	88.68M	246M	504M	462M	418M
Accounts Receivable, Total	179M	307M	553M	940M	1.12B
Other Receivables	9.82M	648K	14.53M	2.32M	2.06M
Notes Receivable	-	-	-	-	-
Total Receivables	188M	308M	568M	942M	1.13B
Inventory	9.35M	15.41M	44.26M	28.27M	27.22M
Prepaid Expenses	11K	57K	7K	6K	2.06M
Other Current Assets, Total	6.63M	24.55M	25.49M	2.5B	53.75M
Total Current Assets	293M	594M	1.14B	3.93B	1.63B
Gross Property Plant And Equipment	955M	1.02B	1.31B	1.91B	2.11B
Accumulated Depreciation	-296M	-370M	-452M	-596M	-693M
Net Property Plant And Equipment	660M	650M	862M	1.31B	1.42B
Long-term Investments	1K	1K	1K	101K	5.1M
Other Intangibles, Total	-	-	1.07M	825K	2.66M
Deferred Tax Assets Long-Term	-	-	-	-	-
Deferred Charges Long-Term	184K	92K	-	1.2M	611K
Other Long-Term Assets, Total	10.34M	12.03M	11.56M	17.7M	2.56B
Total Assets	963M	1.26B	2.02B	5.26B	5.62B
Liabilities
Accounts Payable, Total	226M	455M	800M	403M	409M
Accrued Expenses, Total	11.76M	10.34M	13.44M	146M	33.92M
Short-term Borrowings	2.3M	9.5M	49.99M	-	-
Current Portion of Long-Term Debt	57.86M	41.5M	39M	40.88M	179M
Current Portion of Leases	14.45M	21.81M	33.49M	36.21M	6.61M
Current Income Taxes Payable	-	197K	-	251K	-
Other Current Liabilities	12.41M	25.46M	35.24M	40.65M	32.93M
Total Current Liabilities	325M	564M	971M	667M	661M
Long-Term Debt	242M	171M	160M	2.64B	937M
Long-Term Leases	39.63M	65.82M	139M	107M	2.87M
Pension & Other Post Retirement Benefits	770K	797K	3.58M	2.08M	629K
Deferred Tax Liability Non Current	5.66M	6.87M	8.16M	10.24M	13.88M
Other Non Current Liabilities	1.73M	1.81M	1.37M	770K	350K
Total Liabilities	615M	810M	1.28B	3.43B	1.62B
Common Stock, Total	100M	100M	301M	308M	1.14B
Additional Paid In Capital	-	-	-	155M	1.98B
Retained Earnings	248M	346M	431M	968M	788M
Comprehensive Income and Other	295K	-270K	-	402M	90.01M
Total Common Equity	348M	446M	732M	1.83B	4B
Total Equity	348M	446M	732M	1.83B	4B
Total Liabilities And Equity	963M	1.26B	2.02B	5.26B	5.62B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	181M	181M	181M	185M	229M
ECS Total Common Shares Outstanding	181M	181M	181M	185M	229M
Book Value / Share	1.93	2.47	4.05	9.93	17.52
Tangible Book Value	348M	446M	731M	1.83B	4B
Tangible Book Value Per Share	1.93	2.47	4.04	9.92	17.5
Total Debt	356M	309M	422M	2.83B	1.13B
Net Debt	268M	63.25M	-82.35M	2.37B	707M
Debt Equivalent of Unfunded Proj. Benefit Obligation	769K	797K	3.58M	2.08M	178K
Debt Equivalent Oper. Leases	47.7M	197M	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Work In Process, Total	-	4.24M	-	-	-
Inventories - Finished Goods, Total	9.35M	11.17M	44.26M	28.27M	27.22M
Land - (BS)	2.07M	2.07M	2.07M	2.07M	2.07M
Buildings, Total	191M	231M	231M	191M	191M
Machinery, Total	698M	671M	801M	1.49B	1.89B
Full Time Employees	254	184	197	231	230

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	80.12M	97.09M	290M	537M	584M
Depreciation & Amortization - CF	92.38M	95.41M	94.24M	167M	203M
Depreciation & Amortization, Total	92.38M	95.41M	94.24M	167M	203M
Amortization of Deferred Charges, Total - (CF)	92K	92K	1.3M	709K	911K
(Gain) Loss From Sale Of Asset	131K	2.44M	-2.01M	-18.58M	-2.18M
(Gain) Loss on Sale of Investments - (CF)	-970K	-1.14M	-1.9M	-2.94M	-3.26M
Provision and Write-off of Bad Debts	3.05M	-	7.81M	1.25M	263K
Other Operating Activities, Total	35.62M	46.26M	60.13M	244M	73.58M
Change In Accounts Receivable	-67.78M	-128M	-254M	-388M	-185M
Change In Inventories	-9.35M	-1.82M	-33.09M	15.99M	1.05M
Change In Accounts Payable	95.1M	231M	346M	-265M	-102M
Change in Other Net Operating Assets	-63.02M	-21.24M	-40.29M	-2.53B	-139M
Cash from Operations	165M	320M	468M	-2.23B	432M
Capital Expenditure	-55.67M	-56.28M	-199M	-671M	-426M
Sale of Property, Plant, and Equipment	1.11M	18.62M	3.66M	72.07M	21.52M
Sale (Purchase) of Intangible assets	-	-	-	-	-65K
Investment in Marketable and Equity Securities, Total	-8.93M	-21.14M	38.82M	-28.68M	-13.98M
Other Investing Activities, Total	263K	1.5M	6.81M	15.53M	15.78M
Cash from Investing	-63.23M	-57.3M	-149M	-612M	-403M
Short Term Debt Issued, Total	6.01M	-	37.99M	-	138M
Long-Term Debt Issued, Total	-	-	-	2.93B	-
Total Debt Issued	6.01M	-	37.99M	2.93B	138M
Short Term Debt Repaid, Total	-	-9.15M	-	-48.11M	-
Long-Term Debt Repaid, Total	-60.86M	-95.92M	-45.01M	-52.57M	-162M
Total Debt Repaid	-60.86M	-105M	-45.01M	-101M	-162M
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-	-	-1.28M	-	-4.3M
Common & Preferred Stock Dividends Paid	-	-	-1.28M	-	-4.3M
Other Financing Activities, Total	-30.38M	-22.99M	-15.54M	-52.5M	-56.6M
Cash from Financing	-85.23M	-128M	-23.85M	2.77B	-84.68M
Miscellaneous Cash Flow Adjustments	-	-1K	-	-	-
Net Change in Cash	16.93M	134M	295M	-73.46M	-55.72M
Supplemental Items
Cash Interest Paid	30.38M	22.99M	15.54M	52.5M	59.94M
Cash Income Tax Paid (Refund)	20.5M	14M	64.34M	84.8M	77.74M
Levered Free Cash Flow	71.49M	209M	203M	-3.22B	-198M
Unlevered Free Cash Flow	90.47M	228M	218M	-3.14B	-126M
Change In Net Working Capital	32.51M	-97.18M	-67.92M	3.09B	327M
Net Debt Issued / Repaid	-54.85M	-105M	-7.02M	2.83B	-23.78M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	9.58	8.29	15.46	12.51	7.77
Return on Total Capital	13.04	12.6	26.49	15.67	8.64
Return On Equity %	25.85	24.45	49.14	41.89	20
Return on Common Equity	25.85	24.45	49.14	41.89	20
Margin Analysis
Gross Profit Margin %	10.5	8.8	8.73	11.66	15.36
SG&A Margin	0.31	0.8	0.01	0.04	0.02
EBITDA Margin %	8.35	7.09	7.32	10.22	13.48
EBITA Margin %	5.2	4.71	6.31	8.71	10.69
EBIT Margin %	5.2	4.71	6.31	8.71	10.69
Income From Continuing Operations Margin %	3.02	3.11	4.51	6.42	9.21
Net Income Margin %	3.02	3.11	4.51	6.42	9.21
Net Avail. For Common Margin %	3.02	3.11	4.51	6.42	9.21
Normalized Net Income Margin	2.53	2.58	3.87	4.97	6.84
Levered Free Cash Flow Margin	2.7	6.68	3.16	-38.43	-3.12
Unlevered Free Cash Flow Margin	3.41	7.31	3.4	-37.5	-1.99
Asset Turnover
Asset Turnover	2.95	2.82	3.92	2.3	1.16
Fixed Assets Turnover	4.1	4.77	8.5	7.7	4.64
Receivables Turnover (Average Receivables)	18.14	12.87	14.91	11.22	6.14
Inventory Turnover (Average Inventory)	-	218.36	211.25	203.92	193.21
Short Term Liquidity
Current Ratio	0.9	1.05	1.18	5.89	2.46
Quick Ratio	0.85	0.98	1.1	2.1	2.34
Operating Cash Flow to Current Liabilities	0.51	0.57	0.48	-3.35	0.65
Days Sales Outstanding (Average Receivables)	20.18	28.35	24.47	32.55	59.64
Days Outstanding Inventory (Average Inventory)	-	1.67	1.73	1.79	1.89
Average Days Payable Outstanding	-	43.55	38.9	20.3	27.73
Cash Conversion Cycle (Average Days)	-	-13.53	-12.7	14.04	33.8
Long Term Solvency
Total Debt/Equity	102.22	69.37	57.55	154.28	28.11
Total Debt / Total Capital	50.55	40.96	36.53	60.67	21.94
LT Debt/Equity	80.81	53.04	40.83	150.07	23.48
Long-Term Debt / Total Capital	39.96	31.32	25.92	59.02	18.33
Total Liabilities / Total Assets	63.83	64.49	63.66	65.18	28.76
EBIT / Interest Expense	4.54	4.67	16.88	5.85	5.9
EBITDA / Interest Expense	7.58	7.69	20.81	7.19	7.67
(EBITDA - Capex) / Interest Expense	5.75	5.91	12.53	1.8	3.96
Total Debt / EBITDA	1.55	1.28	0.84	3.16	1.28
Net Debt / EBITDA	1.16	0.26	-0.17	2.64	0.8
Total Debt / (EBITDA - Capex)	2.04	1.66	1.4	12.59	2.48
Net Debt / (EBITDA - Capex)	1.53	0.34	-0.27	10.53	1.56
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	34.37	17.85	105.21	30.5	-24.34
Gross Profit, 1 Yr. Growth %	12.08	-1.21	103.67	74.28	-0.33
EBITDA, 1 Yr. Growth %	0.84	0.12	112.64	82.1	-0.18
EBITA, 1 Yr. Growth %	-7.95	6.71	172.76	80.1	-7.12
EBIT, 1 Yr. Growth %	-7.95	6.71	172.76	80.1	-7.12
Earnings From Cont. Operations, 1 Yr. Growth %	-2.55	21.18	198.2	85.6	8.61
Net Income, 1 Yr. Growth %	-2.55	21.18	198.2	85.6	8.61
Normalized Net Income, 1 Yr. Growth %	-6.23	20.21	205.24	68.64	3.88
Diluted EPS Before Extra, 1 Yr. Growth %	-2.55	21.21	198.3	69.53	4.76
Accounts Receivable, 1 Yr. Growth %	56.85	71.94	80.14	69.89	19.66
Inventory, 1 Yr. Growth %