V
Varun Shipping Company Ltd
VARUNSHIP NSE
Varun Shipping Company Ltd
ServicesNSE: VARUNSHIP BSE: 500465
Technical Indicators
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
Growth Rate
Revenue Growth
-96.00% →
Net Income Growth
-10.00% →
Cash Flow Change
-
ROE
-31.00% ↘
ROCE
-
EBITDA Margin (Avg.)
-
Quarterly Results
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation | 27 | 23 | 22 | 15 | 17 | 17 | 22 | 29 | 27 | 12 | 25 | 25 | 26 |
| EPS in Rs | 5.5 | -9.23 | 9.68 | -7.74 | -0.93 | -3.18 | 0.14 | -3.66 | -17.02 | -8 | -9 | -8.39 | -7.19 |
| Expenses | 73 | 21 | -29 | 67 | 54 | 46 | 54 | 45 | 176 | 37 | 69 | 55 | 53 |
| Interest | 23 | 34 | 41 | 48 | 41 | 35 | 31 | 51 | 45 | 35 | 39 | 39 | 51 |
| Net Profit | 82 | -138 | 145 | -116 | -14 | -48 | 2 | -55 | -255 | -120 | -135 | -126 | -108 |
| OPM % | 8% | 74% | 119% | 22% | 5% | -2% | 3% | -25% | -2301% | — | — | — | -75% |
| Operating Profit | 6 | 59 | 183 | 19 | 3 | -1 | 2 | -9 | -169 | -62 | -69 | -55 | -23 |
| Other Income | 127 | -141 | 25 | -72 | 41 | 5 | 53 | 34 | -14 | -11 | -1 | -7 | -8 |
| PBT | 82 | -139 | 145 | -116 | -14 | -48 | 2 | -55 | -255 | -119 | -135 | -126 | -108 |
| Sales | 79 | 80 | 154 | 86 | 56 | 45 | 56 | 36 | 7 | -25 | 0 | 0 | 30 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1% | 0% | 0% | 0% |
Profit & Loss
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Sep 2012 18m | TTM | |
|---|---|---|---|---|---|---|---|---|
| Depreciation | 130 | 166 | 212 | 271 | 236 | 178 | 144 | 88 |
| Div. Payout % | 29% | 45% | 33% | 61% | 96% | 81% | 20% | — |
| EPS in Rs | — | 9.9 | 15.05 | 8.19 | 0.84 | 0.98 | 2.56 | -32.58 |
| Expenses | 256 | 349 | 372 | 528 | 663 | 810 | 702 | 214 |
| Interest | 76 | 111 | 140 | 145 | 193 | 216 | 360 | 164 |
| Net Profit | 181 | 141 | 226 | 123 | 13 | 15 | 38 | -489 |
| OPM % | 60% | 48% | 61% | 42% | 0% | -65% | -51% | -4056% |
| Operating Profit | 387 | 323 | 573 | 386 | 3 | -319 | -236 | -209 |
| Other Income | 1 | 101 | 7 | 157 | 481 | 730 | 779 | -27 |
| PBT | 183 | 148 | 228 | 127 | 54 | 17 | 38 | -488 |
| Sales | 643 | 673 | 945 | 915 | 666 | 491 | 466 | 5 |
| Tax % | 1% | 4% | 1% | 3% | 77% | 12% | -2% | — |
Balance Sheet
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Sep 2012 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|
| Borrowings | 1,328 | 1,793 | 2,201 | 2,847 | 2,739 | 2,704 | 1,343 | 1,023 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Capital | 117 | 143 | 150 | 150 | 150 | 150 | 150 | 150 |
| Fixed Assets | 1,760 | 2,444 | 3,130 | 3,536 | 2,947 | 1,892 | 653 | 567 |
| Investments | 21 | 21 | 21 | 21 | 42 | 27 | 50 | 349 |
| Other Assets | 116 | 157 | 122 | 286 | 737 | 1,927 | 2,049 | 1,204 |
| Other Liabilities | 95 | 105 | 157 | 182 | 175 | 330 | 567 | 1,005 |
| Reserves | 358 | 581 | 765 | 663 | 662 | 663 | 692 | -58 |
| Total Assets | 1,897 | 2,622 | 3,272 | 3,843 | 3,726 | 3,847 | 2,753 | 2,120 |
| Total Liabilities | 1,897 | 2,622 | 3,272 | 3,843 | 3,726 | 3,847 | 2,753 | 2,120 |
Cash Flow
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Sep 2012 | |
|---|---|---|---|---|---|---|---|
| CFO/OP | 106 | 101 | 117 | 77 | -3,013 | -130 | 150 |
| Financing | 617 | 474 | 238 | 409 | -327 | -270 | -1,718 |
| Investing | -1,066 | -798 | -906 | -649 | 355 | -118 | 2,394 |
| Operating | 410 | 323 | 671 | 295 | -87 | 370 | -358 |
| Free Cash Flow | -657 | -477 | -238 | -355 | 496 | 508 | 876 |
| Net Cash Flow | -39 | -1 | 2 | 56 | -59 | -18 | 319 |
Ratios
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Sep 2012 | |
|---|---|---|---|---|---|---|---|
| Cash Conversion Cycle | 27 | 29 | 22 | 25 | 182 | 106 | 614 |
| Debtor Days | 27 | 29 | 22 | 25 | 182 | 106 | 614 |
| ROCE % | — | 10% | 13% | 6% | 0% | -3% | 3% |
| Working Capital Days | -8 | 9 | -28 | 4 | 289 | 532 | 298 |
Documents
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Shareholding Pattern For June 30, 2015
16 Jul 2015 - Varun Shipping Company Ltd has informed BSE about the Shareholding Pattern as on June 30, 2015.
16 Jul 2015 - Varun Shipping Company Ltd has informed BSE about the Shareholding Pattern as on June 30, 2015.
Frequently Asked Questions about Varun Shipping Company Ltd
What does Varun Shipping Company Ltd do?
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.
Where is Varun Shipping Company Ltd (VARUNSHIP) listed?
Varun Shipping Company Ltd is listed on the Indian stock exchanges. It is listed on NSE: VARUNSHIP and BSE: 500465. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Varun Shipping Company Ltd belong to?
Varun Shipping Company Ltd operates in the Services sector. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
How can I research Varun Shipping Company Ltd on Tapetide?
On Tapetide, you can view Varun Shipping Company Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
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.
Website varunship.com
Face Value ₹ 10