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TARA

Tara Chand Logistic Solutions NSEI:TARACHAND Stock Report

Last Price

₹54.85

Market Cap

₹748.4m

7D

-1.2%

1Y

37.5%

Updated

05 Oct, 2022

Data

Company Financials
TARACHAND fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

TARACHAND Stock Overview

Tara Chand Logistic Solutions Limited engages in the steel material handling and warehousing business in India.

Tara Chand Logistic Solutions Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tara Chand Logistic Solutions
Historical stock prices
Current Share Price₹54.85
52 Week High₹72.90
52 Week Low₹36.85
Beta0.38
1 Month Change35.43%
3 Month Change36.78%
1 Year Change37.47%
3 Year Change61.32%
5 Year Changen/a
Change since IPO11.83%

Recent News & Updates

Sep 12
Here's Why Tara Chand Logistic Solutions (NSE:TARACHAND) Is Weighed Down By Its Debt Load

Here's Why Tara Chand Logistic Solutions (NSE:TARACHAND) Is Weighed Down By Its Debt Load

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Jul 07
Investors Could Be Concerned With Tara Chand Logistic Solutions' (NSE:TARACHAND) Returns On Capital

Investors Could Be Concerned With Tara Chand Logistic Solutions' (NSE:TARACHAND) Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Shareholder Returns

TARACHANDIN TransportationIN Market
7D-1.2%3.0%1.4%
1Y37.5%5.7%-1.7%

Return vs Industry: TARACHAND exceeded the Indian Transportation industry which returned 5.7% over the past year.

Return vs Market: TARACHAND exceeded the Indian Market which returned -1.7% over the past year.

Price Volatility

Is TARACHAND's price volatile compared to industry and market?
TARACHAND volatility
TARACHAND Average Weekly Movement14.0%
Transportation Industry Average Movement6.6%
Market Average Movement5.9%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market3.8%

Stable Share Price: TARACHAND is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: TARACHAND's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1980884Vinay Aggarwalhttps://www.tarachandindia.in

Tara Chand Logistic Solutions Limited engages in the steel material handling and warehousing business in India. It operates through Transport & Handling Services, Equipment Rental Services, and Steel Processing & Distribution segments. The company has a fleet of 352 cranes and other equipment, such as piling rigs, all-terrain telescopic cranes, lorry loaders, pullers and trailers, mobile lattice booms, gantry /goliath cranes, PIC-N-carry cranes, crawler cranes, concrete boom placers, and cement batching plants.

Tara Chand Logistic Solutions Fundamentals Summary

How do Tara Chand Logistic Solutions's earnings and revenue compare to its market cap?
TARACHAND fundamental statistics
Market Cap₹748.43m
Earnings (TTM)₹37.24m
Revenue (TTM)₹1.30b

20.1x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TARACHAND income statement (TTM)
Revenue₹1.30b
Cost of Revenue₹98.18m
Gross Profit₹1.20b
Other Expenses₹1.17b
Earnings₹37.24m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.73
Gross Margin92.46%
Net Profit Margin2.86%
Debt/Equity Ratio163.6%

How did TARACHAND perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is TARACHAND undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TARACHAND?

Other financial metrics that can be useful for relative valuation.

TARACHAND key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.3x
Enterprise Value/EBITDA5.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does TARACHAND's PE Ratio compare to its peers?

TARACHAND PE Ratio vs Peers
The above table shows the PE ratio for TARACHAND vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average53.6x
GICL Globe International Carriers
48.9xn/a₹703.4m
DRSDILIP DRS Dilip Roadlines
24.2xn/a₹1.1b
531977 Chartered Logistics
113.1xn/a₹650.7m
534615 North Eastern Carrying
28.1xn/a₹1.3b
TARACHAND Tara Chand Logistic Solutions
20.1xn/a₹748.4m

Price-To-Earnings vs Peers: TARACHAND is good value based on its Price-To-Earnings Ratio (20.1x) compared to the peer average (53.6x).


Price to Earnings Ratio vs Industry

How does TARACHAND's PE Ratio compare vs other companies in the Asian Transportation Industry?

Price-To-Earnings vs Industry: TARACHAND is expensive based on its Price-To-Earnings Ratio (20.1x) compared to the Asian Transportation industry average (17.6x)


Price to Earnings Ratio vs Fair Ratio

What is TARACHAND's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TARACHAND PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TARACHAND's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of TARACHAND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate TARACHAND's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate TARACHAND's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Tara Chand Logistic Solutions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


27.5%

Forecasted Transportation industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tara Chand Logistic Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Take a look at our analysis of TARACHAND’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Tara Chand Logistic Solutions competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Tara Chand Logistic Solutions performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-14.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TARACHAND has a large one-off gain of ₹34.6M impacting its June 30 2022 financial results.

Growing Profit Margin: TARACHAND's current net profit margins (2.9%) are lower than last year (4.3%).


Past Earnings Growth Analysis

Earnings Trend: TARACHAND's earnings have declined by 14.8% per year over the past 5 years.

Accelerating Growth: TARACHAND's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TARACHAND had negative earnings growth (-30.5%) over the past year, making it difficult to compare to the Transportation industry average (55.3%).


Return on Equity

High ROE: TARACHAND's Return on Equity (6.5%) is considered low.


Discover strong past performing companies

Financial Health

How is Tara Chand Logistic Solutions's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TARACHAND's short term assets (₹795.9M) exceed its short term liabilities (₹559.5M).

Long Term Liabilities: TARACHAND's short term assets (₹795.9M) do not cover its long term liabilities (₹898.9M).


Debt to Equity History and Analysis

Debt Level: TARACHAND's net debt to equity ratio (158.5%) is considered high.

Reducing Debt: TARACHAND's debt to equity ratio has reduced from 206.6% to 163.6% over the past 5 years.

Debt Coverage: Insufficient data to determine if TARACHAND's debt is well covered by operating cash flow.

Interest Coverage: TARACHAND's interest payments on its debt are not well covered by EBIT (0.9x coverage).


Balance Sheet


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Dividend

What is Tara Chand Logistic Solutions's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Tara Chand Logistic Solutions Dividend Yield vs Market
How does Tara Chand Logistic Solutions dividend yield compare to the market?
SegmentDividend Yield
Company (Tara Chand Logistic Solutions)0%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (Transportation)2.0%
Analyst forecast in 3 Years (Tara Chand Logistic Solutions)n/a

Notable Dividend: Unable to evaluate TARACHAND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TARACHAND's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TARACHAND's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TARACHAND's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: TARACHAND is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as TARACHAND has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

8.2yrs

Average board tenure


CEO

Vinay Aggarwal (59 yo)

10.67yrs

Tenure

₹3,150,000

Compensation

Mr. Vinay Kumar Aggarwal serves as Chairman and Managing Director at Tara Chand Logistic Solutions Limited and serves as its Director since February 10, 2012. Mr. Aggarwal is Promoter of Tara Chand Logisti...


CEO Compensation Analysis

Vinay Aggarwal's Compensation vs Tara Chand Logistic Solutions Earnings
How has Vinay Aggarwal's remuneration changed compared to Tara Chand Logistic Solutions's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

₹37m

Mar 31 2022n/an/a

₹24m

Dec 31 2021n/an/a

₹17m

Sep 30 2021n/an/a

₹47m

Jun 30 2021n/an/a

₹54m

Mar 31 2021₹3mn/a

₹26m

Dec 31 2020n/an/a

₹32m

Sep 30 2020n/an/a

₹19m

Jun 30 2020n/an/a

₹37m

Mar 31 2020₹3m₹3m

₹80m

Dec 31 2019n/an/a

₹83m

Sep 30 2019n/an/a

₹85m

Jun 30 2019n/an/a

₹63m

Mar 31 2019₹3m₹2m

₹47m

Dec 31 2018n/an/a

₹34m

Jun 30 2018n/an/a

₹50m

Mar 31 2018₹5m₹2m

₹46m

Compensation vs Market: Insufficient data to establish whether Vinay's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Vinay's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: TARACHAND's board of directors are considered experienced (8.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of TARACHAND?
Owner TypeNumber of SharesOwnership Percentage
General Public3,503,00025.7%
Individual Insiders10,141,98074.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 6 shareholders own 74.33% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
59.58%
Vinay Aggarwal
8,129,680₹445.9m0%no data
12.42%
Ajay Kumar
1,694,500₹92.9m0%no data
1.01%
Himanshu Aggarwal
138,000₹7.6m0%no data
0.69%
Prerna Agarwal
94,800₹5.2m0%no data
0.62%
Peeyush Aggarwal
84,000₹4.6m0%no data
0.0073%
Sameer Agarwal
1,000₹54.9k0%no data

Company Information

Tara Chand Logistic Solutions Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Tara Chand Logistic Solutions Limited
  • Ticker: TARACHAND
  • Exchange: NSEI
  • Founded: 1980
  • Industry: Trucking
  • Sector: Transportation
  • Implied Market Cap: ₹748.427m
  • Shares outstanding: 13.64m
  • Website: https://www.tarachandindia.in

Number of Employees


Location

  • Tara Chand Logistic Solutions Limited
  • 342, Industrial Area
  • Phase 1
  • Chandigarh
  • Chandigarh
  • 160002
  • India


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TARACHANDNSEI (National Stock Exchange of India)YesEquity SharesININRMar 2018

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/05 00:00
End of Day Share Price2022/10/04 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.