Container Corporation of India Ltd., incorporated in the year 1988, is a Large Cap company (having a market cap of Rs 30132.65 Crore) operating in Logistics sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated sales of Rs 1766.89 Crore, up 17.07 % from last quarter Sales of Rs 1509.30 Crore and up 14.38 % from last year same quarter Sales of Rs 1544.74 Crore Company reported net profit after tax of Rs 225.66 Crore in latest quarter.
Investment Rationale
The stock trades at 15.3x FY22E EV/EBITDA. The brokerage derives a DCF-based target price of INR555/share based on a WACC of 12%.
Promoter/FII Holdings
Promoters held 54.8 per cent stake in the company as of Dec 30, 2020, while FIIs held 23.3 per cent, DIIs 16.7 per cent and public and others 5.3 per cent.
