Varun Shipping Company
Tapetide Score
Data-driven rating, 0–100. How it works →
No Tapetide Score has been computed for this stock yet.
Key Insights
Strengths
2- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 65.5%
Weaknesses
5- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -7.10% over past five years.
- Company has a low return on equity of -31.2% over last 3 years.
- Company has high debtors of 614 days.
- Company's cost of borrowing seems high
Technical Indicators
Oscillators
Neutral
Overall
Bearish
Moving Averages
Bearish
Growth Rate
change over 1 year
change over 1 year
Quarterly Results
| Particulars | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 79 | 80 | 154 | 86 | 56 | 45 | 56 | 36 | 7 | -25 | 0 | 0 | 30 |
| Expenses | 73 | 21 | -29 | 67 | 54 | 46 | 54 | 45 | 176 | 37 | 69 | 55 | 53 |
| Operating Profit | 6 | 59 | 183 | 19 | 3 | -1 | 2 | -9 | -169 | -62 | -69 | -55 | -23 |
| OPM % | 8% | 74% | 119% | 22% | 4.8% | -1.7% | 3.1% | -25% | -2301% | — | — | — | -75% |
| Other Income | 127 | -141 | 25 | -72 | 41 | 5 | 53 | 34 | -14 | -11 | -1 | -7 | -8 |
| Interest | 23 | 34 | 41 | 48 | 41 | 35 | 31 | 51 | 45 | 35 | 39 | 39 | 51 |
| Depreciation | 27 | 23 | 22 | 15 | 17 | 17 | 22 | 29 | 27 | 12 | 25 | 25 | 26 |
| PBT | 82 | -139 | 145 | -116 | -14 | -48 | 2 | -55 | -255 | -119 | -135 | -126 | -108 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1% | 0% | 0% | 0% |
| Net Profit | 82 | -138 | 145 | -116 | -14 | -48 | 2 | -55 | -255 | -120 | -135 | -126 | -108 |
| EPS (₹) | 5.5 | -9.23 | 9.68 | -7.74 | -0.93 | -3.18 | 0.14 | -3.66 | -17.02 | -8 | -9 | -8.39 | -7.19 |
Profit & Loss
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Sep 2012 18m | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 643 | 673 | 945 | 915 | 666 | 491 | 466 | 5 |
| Expenses | 256 | 349 | 372 | 528 | 663 | 810 | 702 | 214 |
| Operating Profit | 387 | 323 | 573 | 386 | 3 | -319 | -236 | -209 |
| OPM % | 60% | 48% | 61% | 42% | 0.4% | -65% | -51% | -4056% |
| Other Income | 1 | 101 | 7 | 157 | 481 | 730 | 779 | -27 |
| Interest | 76 | 111 | 140 | 145 | 193 | 216 | 360 | 164 |
| Depreciation | 130 | 166 | 212 | 271 | 236 | 178 | 144 | 88 |
| PBT | 183 | 148 | 228 | 127 | 54 | 17 | 38 | -488 |
| Tax % | 1% | 4% | 1% | 3% | 77% | 12% | -2% | — |
| Net Profit | 181 | 141 | 226 | 123 | 13 | 15 | 38 | -489 |
| EPS (₹) | — | 9.9 | 15.05 | 8.19 | 0.84 | 0.98 | 2.56 | -32.58 |
| Div. Payout % | 29% | 45% | 33% | 61% | 96% | 81% | 20% | — |
Balance Sheet
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Sep 2012 | Sep 2014 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 117 | 143 | 150 | 150 | 150 | 150 | 150 | 150 |
| Reserves | 358 | 581 | 765 | 663 | 662 | 663 | 692 | -58 |
| Borrowings | 1,328 | 1,793 | 2,201 | 2,847 | 2,739 | 2,704 | 1,343 | 1,023 |
| Other Liabilities | 95 | 105 | 157 | 182 | 175 | 330 | 567 | 1,005 |
| Total Liabilities | 1,897 | 2,622 | 3,272 | 3,843 | 3,726 | 3,847 | 2,753 | 2,120 |
| Fixed Assets | 1,760 | 2,444 | 3,130 | 3,536 | 2,947 | 1,892 | 653 | 567 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 21 | 21 | 21 | 21 | 42 | 27 | 50 | 349 |
| Other Assets | 116 | 157 | 122 | 286 | 737 | 1,927 | 2,049 | 1,204 |
| Total Assets | 1,897 | 2,622 | 3,272 | 3,843 | 3,726 | 3,847 | 2,753 | 2,120 |
Cash Flow
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Sep 2012 |
|---|---|---|---|---|---|---|---|
| Operating | 410 | 323 | 671 | 295 | -87 | 370 | -358 |
| Investing | -1,066 | -798 | -906 | -649 | 355 | -118 | 2,394 |
| Financing | 617 | 474 | 238 | 409 | -327 | -270 | -1,718 |
| Net Cash Flow | -39 | -1 | 2 | 56 | -59 | -18 | 319 |
| Free Cash Flow | -657 | -477 | -238 | -355 | 496 | 508 | 876 |
| CFO/OP | 106 | 101 | 117 | 77 | -3,013 | -130 | 150 |
Ratios
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Sep 2012 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 27 | 29 | 22 | 25 | 182 | 106 | 614 |
| Cash Conversion Cycle | 27 | 29 | 22 | 25 | 182 | 106 | 614 |
| Working Capital Days | -8 | 9 | -28 | 4 | 289 | 532 | 298 |
| ROCE % | — | 10% | 13% | 6% | 0% | -3% | 3% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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54 extracted metrics + investor summaries across FY06–FY15.
Documents
Frequently Asked Questions about Varun Shipping Company
What does Varun Shipping Company Ltd do?
Where is Varun Shipping Company Ltd (VARUNSHIP) listed?
Which sector does Varun Shipping Company Ltd belong to?
Company Information
Varun Shipping Company Limited is an India-based shipping company. The Company provides shipping solutions across the entire hydrocarbon product chain. It provides support services to the oil exploration industry.
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