---
title: "Chokhani Global Express Ltd (523608) — Share Price, Financials & Analysis"
symbol: "523608"
company: "Chokhani Global Express Ltd"
canonical: "https://tapetide.com/stocks/523608"
bse_code: "523608"
generated_at: "2026-10-13T10:59:39.082Z"
---

# Chokhani Global Express Ltd (523608)

Canonical page: https://tapetide.com/stocks/523608

## Company

- **BSE Code:** 523608
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** cge.co.in

## About

Chokhani Global Express Limited engages in provides courier services.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- The company has delivered a poor sales growth of 8.45% over past five years.
- Company has a low return on equity of -75.0% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 67% | — | — |
| revenue growth | 875% | 14% | 8% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0 | 0 | 0.02 | 0.09 | 0.1 | 0.18 |
| Expenses | 0.01 | 0.02 | 0.08 | 0.01 | 0.01 | 0.02 | 0.03 | 0.02 | 0.02 | 0.03 | 0.02 | 0.05 |
| Operating Profit | 0.01 | 0 | -0.06 | 0.01 | 0.01 | 0 | -0.03 | -0.02 | 0 | 0.06 | 0.08 | 0.13 |
| OPM % | 50 | 0 | -300 | 50 | 50 | 0 | — | — | 0 | 66.67 | 80 | 72.22 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.02 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.01 | 0 | -0.06 | 0.01 | 0.01 | 0 | -0.01 | 0 | 0 | 0.06 | 0.08 | 0.13 |
| Tax % | -100 | — | -33.33 | 0 | 0 | — | 0 | — | — | 33.33 | 25 | 23.08 |
| Net Profit | 0.02 | 0 | -0.04 | 0.01 | 0.01 | 0 | -0.01 | 0 | 0 | 0.04 | 0.06 | 0.09 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.09 | 0.39 |
| Expenses | 0.07 | 0.05 | 0.02 | 0.02 | 0.03 | 0.03 | 0.09 | 0.11 | 0.1 | 0.12 |
| Operating Profit | -0.01 | 0.01 | 0.04 | 0.04 | 0.03 | 0.03 | -0.03 | -0.04 | -0.01 | 0.27 |
| OPM % | -16.67 | 16.67 | 66.67 | 66.67 | 50 | 50 | -50 | -57.14 | -11.11 | 69.23 |
| Other Income | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.01 | 0.11 | 0.04 | 0.04 | 0.03 | 0.03 | -0.03 | -0.04 | -0.01 | 0.27 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 33.33 | -33.33 | -25 | 0 | — |
| Net Profit | -0.01 | 0.11 | 0.04 | 0.04 | 0.03 | 0.02 | -0.02 | -0.03 | -0.01 | 0.19 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.92 | 3.92 | 3.92 | 3.92 | 3.92 | 3.92 | 3.92 | 3.92 | 3.92 | 3.92 |
| Reserves | -4.09 | -4.1 | -3.99 | -3.95 | -3.91 | -3.88 | -3.86 | -3.88 | -3.91 | -3.92 |
| Borrowings | 0.2 | 0.2 | 0.1 | 0.07 | 0.02 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.02 | 0.02 | 0 | 0 | -0.01 | 0 | 0.01 | 0 | 0.03 | 0.05 |
| Total Liabilities | 0.05 | 0.04 | 0.03 | 0.04 | 0.02 | 0.04 | 0.07 | 0.04 | 0.04 | 0.05 |
| Fixed Assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.04 | 0.03 | 0.02 | 0.03 | 0.01 | 0.03 | 0.06 | 0.03 | 0.03 | 0.05 |
| Total Assets | 0.05 | 0.04 | 0.03 | 0.04 | 0.02 | 0.04 | 0.07 | 0.04 | 0.04 | 0.05 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | -0.01 | 0.1 | 0 | 0.04 | 0.03 | 0.01 | -0.02 | -0.01 | 0.01 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0.01 | 0 | -0.1 | 0 | -0.05 | -0.02 | 0 | 0 | 0 | 0 |
| Net Cash Flow | 0.01 | -0.01 | 0 | 0 | -0.01 | 0.01 | 0.01 | -0.02 | -0.01 | 0.01 |
| Free Cash Flow | 0 | -0.01 | 0.1 | 0 | 0.04 | 0.03 | 0.01 | -0.02 | -0.01 | 0.01 |
| CFO/OP | 0 | 100 | 1000 | 0 | 100 | 100 | 33 | 67 | 25 | -100 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 60.83 | 0 | 0 | 40.56 |
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 60.83 | 0 | 0 | 40.56 |
| Working Capital Days | 0 | 0 | 60.83 | 60.83 | 60.83 | 60.83 | 121.67 | 60.83 | -104.29 | -121.67 |
| ROCE % | 50 | -40 | 440 | 114.29 | 114.29 | 85.71 | 60 | -60 | -160 | -200 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 |
| --- | --- | --- |
| Promoters | 44.55% | 44.53% |
| DIIs | 5.31% | 5.31% |
| Public | 50.13% | 50.15% |
| No. of Shareholders | 14552 | 14546 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 44.55% | 44.55% | 44.55% | 44.55% | 44.55% | 44.53% | 44.53% | 44.53% |
| DIIs | 5.31% | 5.31% | 5.31% | 5.31% | 5.31% | 5.31% | 5.31% | 5.31% |
| Public | 50.13% | 50.13% | 50.13% | 50.13% | 50.13% | 50.15% | 50.15% | 50.15% |
| No. of Shareholders | 14554 | 14554 | 14554 | 14552 | 14552 | 14551 | 14547 | 14546 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 143.02 | Sell |
| EMA (10) | 143.06 | Sell |
| SMA (20) | 147.9 | Sell |
| EMA (20) | 145.76 | Sell |
| SMA (50) | 151.79 | Sell |
| EMA (50) | 151.19 | Sell |
| SMA (100) | 158.37 | Sell |
| EMA (100) | 161.99 | Sell |
| SMA (200) | 181.88 | Sell |
| EMA (200) | 195.43 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.37 | Neutral |
| MACD (12,26,9) | -3.32 | Sell |
| Stochastic (14,3,3) | 29.88 | Neutral |
| ADX (14) | 24.77 | Neutral |
| Williams %R (14) | -80.25 | Buy |
| ATR (14) | 7.66 | High Volatility |
| ROC (12) | -5.67 | Sell |
| Stoch RSI (14) | 5.25 | Buy |
| UO (7,14,28) | 51.38 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-02 | [Disclosure Under Regulation 30 Of SEBI Listing Regulations - Cessation Of ESG Rating Providers Association As An Associate Company](https://www.bseindia.com/xml-data/corpfiling/AttachHis/87a490ad-3a9e-4afd-bef4-c19ceba01a46.pdf) |
| 2026-02-27 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5f2e1594-91ba-4be8-a783-360c4c0cca86.pdf) |
| 2026-02-20 | [Compliances-Reg.24(A)-Annual Secretarial Compliance](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9679df81-6cbf-4952-953f-a3e2e4898455.pdf) |
| 2026-02-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c3b9aee-1956-43d9-8769-9dad836b0a99.pdf) |
| 2026-02-13 | [Record Date For Final Dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4105c276-e51f-431f-ab7c-fa30b59bb05f.pdf) |
| 2026-02-13 | [Intimation Of Authorised Persons Under Regulation 30(5) Of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/de1057c7-05e6-4f54-bdec-a7dc38d733fc.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7a0ac24-95e1-495b-ab67-8e9d96382b68.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a60a978e-8f20-4f1e-be56-88fc4d03a656.pdf) |
| 2018-04-24 | [Compliance Certificate U/Reg 7(3) SEBI (LODR) 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84f556de-be60-4d7a-886e-38f2e8554b88.pdf) |
| 2018-04-24 | [Compliance Certificate U/Reg 7(3) SEBI (LODR) 2015](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/4/84f556de-be60-4d7a-886e-38f2e8554b88.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3efc592d-0a2e-4b79-8158-6f0f50180319.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9b8b42ca-53ea-43a2-9070-108e429872cf.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/60ea5bb4-6be2-451f-9b84-101d9bac8a9b.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/500092/72949500092.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/500092/68377500092.pdf) |
| Dec 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/500092/5000921219.pdf) |
| Dec 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/500092/5000921218.pdf) |
| Dec 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/500092/5000921217.pdf) |
| Dec 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/500092/5000921216.pdf) |
| Dec 2015 | [Financial Year 2015](https://www.bseindia.com/bseplus/AnnualReport/500092/5000921215.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7a0ac24-95e1-495b-ab67-8e9d96382b68.pdf) |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e95baf48-04c1-4b05-aa4f-e65dfa506187.pdf) |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/79c447ae-ca39-4554-ab97-425748b07239.pdf) |
| Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/311d8756-0765-4cb1-a02a-98df69ef0931.pdf) |
| Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06026527-3a4b-4b7f-804e-07ae26fb422c.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ac573400-fb63-4766-934e-bebef5971080.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1dadc630-ad36-4b0a-a0e4-b17ed5ecced0.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d7c6c736-93b7-4b01-825e-babd98eda4a1.pdf) |
| Jul 2024 | [Concall - Jul 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f08c34b3-782e-45e6-a9c7-809d20af447f.pdf) |
| Apr 2024 | [Concall - Apr 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/35ac17fa-23f6-4280-bb5e-ffc4c491525c.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:59:39.082Z.