New Risk • Feb 15
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2022. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2022 fiscal period end). Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. Revenue has declined by 97% over the past year. Revenue is less than US$1m (₹445k revenue, or US$5.4k). Market cap is less than US$10m (₹23.3m market cap, or US$280.1k). New Risk • Aug 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. Earnings have declined by 48% per year over the past 5 years. Revenue is less than US$1m (₹445k revenue, or US$5.4k). Market cap is less than US$10m (₹23.3m market cap, or US$280.4k). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Announcement • Jul 28
Corporate Courier and Cargo Limited Appoints Sukant Dole as Additional Director (Executive) Corporate Courier and Cargo Limited at its board meeting held on July 27, 2023, appointed Mr. Sukant Dole as Additional Director (Executive) with effect from July 27, 2023 on the Board of the Company upto the date of upcoming Annual General Meeting of the Company. Mr. Sukant Dole is qualified Mechanical Engineer by education and having 15 year of Experience in business of Logistics, E- commerce, Import Export trade policies Etc. New Risk • Jun 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 48% per year over the past 5 years. Revenue is less than US$1m (₹445k revenue, or US$5.4k). Market cap is less than US$10m (₹30.0m market cap, or US$365.7k). Reported Earnings • Feb 20
Third quarter 2023 earnings released Third quarter 2023 results: Net loss: ₹114.0k (down 108% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Feb 07
Corporate Courier and Cargo Limited to Report Q3, 2023 Results on Feb 14, 2023 Corporate Courier and Cargo Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Reported Earnings • Dec 08
First half 2023 earnings released: ₹0.05 loss per share (vs ₹0.16 profit in 1H 2022) First half 2023 results: ₹0.05 loss per share (down from ₹0.16 profit in 1H 2022). Net loss: ₹328.0k (down 130% from profit in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Nov 06
Corporate Courier and Cargo Limited to Report Q2, 2023 Results on Nov 12, 2022 Corporate Courier and Cargo Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Announcement • Oct 07
Corporate Courier and Cargo Limited Announces Resignation of Ms. Ruchita Prabhulal Jais, Company Secretary & Compliance Officer on 30th October, 2022 Corporate Courier and Cargo Limited announced that Ms. Ruchita Prabhulal Jais has tendered her resignation from the post of Company Secretary & Compliance Officer of the Company due to her personal reasons. Her last working day in the Company will be 30th October, 2022. Announcement • Aug 30
Corporate Courier and Cargo Limited, Annual General Meeting, Sep 30, 2022 Corporate Courier and Cargo Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time. Location: 19, Parsi Panchayat Road, Andheri (East), Mumbai India Reported Earnings • Aug 18
First quarter 2023 earnings released: ₹0.02 loss per share (vs ₹0.01 profit in 1Q 2022) First quarter 2023 results: ₹0.02 loss per share (down from ₹0.01 profit in 1Q 2022). Net loss: ₹112.0k (down 387% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Aug 07
Corporate Courier and Cargo Limited to Report Q1, 2023 Results on Aug 13, 2022 Corporate Courier and Cargo Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Reported Earnings • Jun 15
Full year 2022 earnings released: ₹0.07 loss per share (vs ₹0.37 profit in FY 2021) Full year 2022 results: ₹0.07 loss per share (down from ₹0.37 profit in FY 2021). Revenue: ₹11.1m (down 9.0% from FY 2021). Net loss: ₹514.0k (down 119% from profit in FY 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • May 24
Corporate Courier and Cargo Limited to Report Q4, 2022 Results on May 30, 2022 Corporate Courier and Cargo Limited announced that they will report Q4, 2022 results on May 30, 2022 Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹11.56, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 25x in the Logistics industry in India. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹17.85, the stock trades at a trailing P/E ratio of 40.8x. Average trailing P/E is 27x in the Logistics industry in India. Total returns to shareholders of 65% over the past three years. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.19 (up from ₹0.005 loss in 3Q 2021). Revenue: ₹4.45m (up 62% from 3Q 2021). Net income: ₹1.40m (up ₹1.43m from 3Q 2021). Profit margin: 31% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improved over the past week After last week's 27% share price gain to ₹11.18, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 25x in the Logistics industry in India. Total returns to shareholders of 1.6% over the past three years. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improved over the past week After last week's 20% share price gain to ₹7.63, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 27x in the Logistics industry in India. Total loss to shareholders of 40% over the past three years. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 18% share price gain to ₹7.20, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 24x in the Logistics industry in India. Total loss to shareholders of 48% over the past three years. Reported Earnings • Nov 26
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ₹0.15 (down from ₹0.23 in 2Q 2021). Revenue: ₹3.52m (down 8.6% from 2Q 2021). Net income: ₹1.07m (down 35% from 2Q 2021). Profit margin: 30% (down from 43% in 2Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 19% share price gain to ₹7.17, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 29x in the Logistics industry in India. Total loss to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improved over the past week After last week's 15% share price gain to ₹6.85, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 27x in the Logistics industry in India. Total loss to shareholders of 70% over the past three years. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹7.65, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 29x in the Logistics industry in India. Total loss to shareholders of 66% over the past three years. Executive Departure • Jul 13
Independent Non-Executive Director Pratik Mehta has left the company On the 30th of June, Pratik Mehta's tenure as Independent Non-Executive Director ended after 7.3 years in the role. We don't have any record of a personal shareholding under Pratik's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 6.33 years. Executive Departure • Jul 13
Independent Non-Executive Women Director Meena Mistry has left the company On the 30th of June, Meena Mistry's tenure as Independent Non-Executive Women Director ended after 6.3 years in the role. We don't have any record of a personal shareholding under Meena's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 6.33 years. Reported Earnings • Jul 06
Full year 2021 earnings released: EPS ₹0.37 (vs ₹0.002 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹12.2m (up ₹11.0m from FY 2020). Net income: ₹2.68m (up ₹2.70m from FY 2020). Profit margin: 22% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improved over the past week After last week's 21% share price gain to ₹5.95, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 34x in the Logistics industry in India. Total loss to shareholders of 78% over the past three years. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improved over the past week After last week's 15% share price gain to ₹4.72, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 33x in the Logistics industry in India. Total loss to shareholders of 84% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 19% share price gain to ₹5.05, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 28x in the Logistics industry in India. Total loss to shareholders of 77% over the past three years. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 16% share price gain to ₹3.65, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 29x in the Logistics industry in India. Total loss to shareholders of 80% over the past three years. Reported Earnings • Feb 17
Third quarter 2021 earnings released: ₹0.004 loss per share (vs ₹0.02 profit in 3Q 2020) The company reported a decent third quarter result with improved revenues, although earnings and control over costs were weaker. Third quarter 2021 results: Revenue: ₹2.74m (up ₹2.49m from 3Q 2020). Net loss: ₹33.0k (down 123% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 47% per year, which means it has not declined as severely as earnings. Announcement • Feb 06
Corporate Courier and Cargo Limited to Report Q3, 2021 Results on Feb 13, 2021 Corporate Courier and Cargo Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹3.11, the stock is trading at a trailing P/E ratio of 15.7x, down from the previous P/E ratio of 18.7x. This compares to an average P/E of 30x in the Logistics industry in India. Total return to shareholders over the past three years is a loss of 86%. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 17% share price gain to ₹3.46, the stock is trading at a trailing P/E ratio of 17.5x, up from the previous P/E ratio of 14.9x. This compares to an average P/E of 30x in the Logistics industry in India. Total return to shareholders over the past three years is a loss of 84%. Valuation Update With 7 Day Price Move • Nov 27
Market bids up stock over the past week After last week's 21% share price gain to ₹3.72, the stock is trading at a trailing P/E ratio of 18.8x, up from the previous P/E ratio of 15.6x. This compares to an average P/E of 20x in the Logistics industry in India. Total return to shareholders over the past three years is a loss of 79%. Valuation Update With 7 Day Price Move • Nov 25
Market bids up stock over the past week After last week's 16% share price gain to ₹3.55, the stock is trading at a trailing P/E ratio of 18x, up from the previous P/E ratio of 15.4x. This compares to an average P/E of 23x in the Logistics industry in India. Total return to shareholders over the past three years is a loss of 80%. Announcement • Nov 05
Corporate Courier and Cargo Limited to Report Q2, 2021 Results on Nov 12, 2020 Corporate Courier and Cargo Limited announced that they will report Q2, 2021 results on Nov 12, 2020 Is New 90 Day High Low • Oct 23
New 90-day high: ₹3.75 The company is up 1.0% from its price of ₹3.73 on 24 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 23% over the same period. Reported Earnings • Sep 18
First quarter earnings released Over the last 12 months the company has reported total profits of ₹200.0k, down 91% from the prior year. Total revenue was ₹936.0k over the last 12 months, down 81% from the prior year. Announcement • Jun 20
Corporate Courier and Cargo Limited to Report Q4, 2020 Results on Jun 30, 2020 Corporate Courier and Cargo Limited announced that they will report Q4, 2020 results on Jun 30, 2020