Standalone net sales (including other operating income) of Container Corporation Of India for the quarter ended Jun 2023 has declined 2.98% to Rs 1,919.34 crore. Operating profit margin has declined from 23.88% to 20.40%, leading to 17.09% decline in operating profit to Rs 391.60 crore. Employee cost increased from 5.22% to 5.52%. Other expenses rose from 70.90% to 74.08%. Freight charges rose from 54.97% to 55.67%. Other direct service cost rose from 13.58% to 15.88%. Other income up 29.52% to Rs 81.47 crore. PBIDT fell 11.61% to Rs 473.07 crore. Provision for interest up 1.58% to Rs 14.13 crore. PBDT fell 11.97% to Rs 458.94 crore. Provision for depreciation rose 4.96% to Rs 137.75 crore. Profit before tax down 17.66% to Rs 321.19 crore. Provision for tax was expense of Rs 77.07 crore, compared to Rs 98.77 crore. Effective tax rate was 24.00% compared to 25.32%. Profit after tax fell 16.20% to Rs 244.12 crore. - Sales of Exim segment has gone down 5.32% to Rs 1,231.48 crore (accounting for 64.16% of total sales). Sales of Domestic segment has gone up 1.51% to Rs 687.86 crore (accounting for 35.84% of total sales).
- Profit before interest, tax and other unallocable items (PBIT) has slumped 21.97% to Rs 293.16 crore. PBIT of Exim segment fell 19.10% to Rs 256.55 crore (accounting for 87.51% of total PBIT). PBIT of Domestic segment fell 37.49% to Rs 36.61 crore (accounting for 12.49% of total PBIT).
- PBIT margin of Exim segment fell from 24.38% to 20.83%. PBIT margin of Domestic segment fell from 8.64% to 5.32%. Overall PBIT margin fell from 18.99% to 15.27%.
Consolidated net sales (including other operating income) of Container Corporation Of India for the quarter ended Jun 2023 has declined 3.57% to Rs 1922.84 crore. Operating profit margin has declined from 24.01% to 20.59%, leading to 17.32% decline in operating profit to Rs 395.82 crore. Employee cost increased from 5.23% to 5.51%. Other expenses rose from 70.76% to 73.90%. Freight charges rose from 54.54% to 55.57%. Other direct service cost rose from 13.75% to 15.72%. Other income rose 18.44% to Rs 81.14 crore. PBIDT fell 12.85% to Rs 476.96 crore. Provision for interest rose 2.71% to Rs 15.91 crore. PBDT fell 13.30% to Rs 461.05 crore. Provision for depreciation rose 3.50% to Rs 142.1 crore. Profit before tax down 19.15% to Rs 318.95 crore. Share of profit/loss was 7.14% higher at Rs 3 crore. Provision for tax was expense of Rs 76.76 crore, compared to Rs 100.45 crore. Effective tax rate was 23.84% compared to 25.28%. Minority interest decreased 48% to Rs -0.37 crore. Net profit attributable to owners of the company decreased 17.34% to Rs 245.56 crore. - Sales of Exim segment has gone down 5.32% to Rs 1,231.63 crore (accounting for 64.05% of total sales). Sales of Domestic segment has gone down 0.27% to Rs 691.21 crore (accounting for 35.95% of total sales).
- Profit before interest, tax and other unallocable items (PBIT) has slumped 21.63% to Rs 293.04 crore. PBIT of Exim segment fell 19.01% to Rs 256.53 crore (accounting for 87.54% of total PBIT). PBIT of Domestic segment fell 36.18% to Rs 36.51 crore (accounting for 12.46% of total PBIT).
- PBIT margin of Exim segment fell from 24.35% to 20.83%. PBIT margin of Domestic segment fell from 8.25% to 5.28%. Overall PBIT margin fell from 18.75% to 15.24%.
| Container Corporation Of India : Standalone Results | | Quarter ended | Year ended |
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| Particulars | 202306 | 202206 | Var.(%) | 202303 | 202203 | Var.(%) |
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| Net Sales (including other operating income) | 1,919.34 | 1,978.30 | -2.98 | 8,103.40 | 7,594.45 | 6.70 | | OPM (%) | 20.40 | 23.88 | -347 bps | 22.73 | 22.76 | -3 bps | | OP | 391.60 | 472.33 | -17.09 | 1,842.06 | 1,728.37 | 6.58 | | Other Inc. | 81.47 | 62.90 | 29.52 | 324.02 | 263.13 | 23.14 | | PBIDT | 473.07 | 535.23 | -11.61 | 2,166.08 | 1,991.50 | 8.77 | | Interest | 14.13 | 13.91 | 1.58 | 57.01 | 54.58 | 4.45 | | PBDT | 458.94 | 521.32 | -11.97 | 2,109.07 | 1,936.92 | 8.89 | | Depreciation | 137.75 | 131.24 | 4.96 | 554.09 | 529.82 | 4.58 | | PBT | 321.19 | 390.08 | -17.66 | 1554.98 | 1407.1 | 10.51 | | PBT before EO | 321.19 | 390.08 | -17.66 | 1554.98 | 1407.1 | 10.51 | | EO Income | 0 | 0 | - | -1.25 | -0.08 | -1,462.50 | | PBT after EO | 321.19 | 390.08 | -17.66 | 1553.73 | 1407.02 | 10.43 | | Taxation | 77.07 | 98.77 | -21.97 | 384.65 | 344.68 | 11.60 | | PAT | 244.12 | 291.31 | -16.20 | 1169.08 | 1062.34 | 10.05 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 244.12 | 291.31 | -16.20 | 1169.08 | 1062.34 | 10.05 | | EPS (Rs)* | 4.01 | 4.78 | -16.20 | 19.20 | 17.44 | 10.13 | | | * EPS is on current equity of Rs 304.65 crore, Face value of Rs 5, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
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| Container Corporation Of India : Standalone Segment Results | | | Quarter ended | Year ended |
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| % of (Total) | 202306 | 202206 | Var.(%) | % of (Total) | 202303 | 202203 | Var.(%) |
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| Sales | | Exim | 64.16 | 1,231.48 | 1,300.65 | -5.32 | 64.33 | 5,212.87 | 5,288.65 | -1.43 | | Domestic | 35.84 | 687.86 | 677.65 | 1.51 | 35.67 | 2,890.53 | 2,305.80 | 25.36 | | Total Reported Sales | 100.00 | 1,919.34 | 1,978.30 | -2.98 | 100.00 | 8,103.40 | 7,594.45 | 6.70 | | Less: Inter segment revenues | | 0.00 | 0.00 | - | | 0.00 | 0.00 | - | | Net Sales | 100.00 | 1,919.34 | 1,978.30 | -2.98 | 100.00 | 8,103.40 | 7,594.45 | 6.70 | | PBIT | | Exim | 87.51 | 256.55 | 317.13 | -19.10 | 84.07 | 1,262.06 | 1,173.04 | 7.59 | | Domestic | 12.49 | 36.61 | 58.57 | -37.49 | 15.93 | 239.21 | 172.39 | 38.76 | | Total PBIT | 100.00 | 293.16 | 375.70 | -21.97 | 100.00 | 1,501.27 | 1,345.43 | 11.58 | | Less : Interest | | 14.13 | 13.91 | 1.58 | | 57.01 | 54.58 | 4.45 | | Add: Other un-allcoable | | 42.16 | 28.29 | 49.03 | | 109.47 | 116.17 | -5.77 | | PBIT Margin(%) | | Exim | | 20.83 | 24.38 | -354.98 | | 24.21 | 22.18 | 203.01 | | Domestic | | 5.32 | 8.64 | -332.08 | | 8.28 | 7.48 | 79.93 | | PBT | 100.00 | 321.19 | 390.08 | -17.66 | 100.00 | 1,553.73 | 1,407.02 | 10.43
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| Container Corporation Of India : Consolidated Results | | | Quarter ended | Year ended |
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| Particulars | 202306 | 202206 | Var.(%) | 202303 | 202203 | Var.(%) |
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| Net Sales (including other operating income) | 1,922.84 | 1,993.99 | -3.57 | 8,169.12 | 7,652.73 | 6.75 | | OPM (%) | 20.59 | 24.01 | -342 bps | 22.84 | 22.85 | -2 bps | | OP | 395.82 | 478.75 | -17.32 | 1,865.55 | 1,748.83 | 6.67 | | Other Inc. | 81.14 | 68.51 | 18.44 | 313.40 | 245.53 | 27.64 | | PBIDT | 476.96 | 547.26 | -12.85 | 2,178.95 | 1,994.36 | 9.26 | | Interest | 15.91 | 15.49 | 2.71 | 63.89 | 62.37 | 2.44 | | PBDT | 461.05 | 531.77 | -13.30 | 2,115.06 | 1,931.99 | 9.48 | | Depreciation | 142.1 | 137.29 | 3.50 | 573.01 | 561.42 | 2.06 | | PBT | 318.95 | 394.48 | -19.15 | 1542.05 | 1370.57 | 12.51 | | Share of Profit/(Loss) from Associates | 3 | 2.8 | 7.14 | 21.14 | 25.15 | -15.94 | | PBT before EO | 321.95 | 397.28 | -18.96 | 1563.19 | 1395.72 | 12.00 | | EO Income | 0 | 0 | - | 0 | 0 | - | | PBT after EO | 321.95 | 397.28 | -18.96 | 1563.19 | 1395.72 | 12.00 | | Taxation | 76.76 | 100.45 | -23.58 | 389.72 | 342.2 | 13.89 | | PAT | 245.19 | 296.83 | -17.40 | 1173.47 | 1053.52 | 11.39 | | Minority Interest (MI) | -0.37 | -0.25 | -48.00 | -0.4 | -2.85 | 85.96 | | Net profit | 245.56 | 297.08 | -17.34 | 1173.87 | 1056.37 | 11.12 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 245.56 | 297.08 | -17.34 | 1173.87 | 1056.37 | 11.12 | | EPS (Rs)* | 4.03 | 4.88 | -17.34 | 19.27 | 17.34 | 11.12 | | | * EPS is on current equity of Rs 304.65 crore, Face value of Rs 5, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
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| Container Corporation Of India : Consolidated Segment Results | | | Quarter ended | Year ended |
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| % of (Total) | 202306 | 202206 | Var.(%) | % of (Total) | 202303 | 202203 | Var.(%) |
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| Sales | | Exim | 64.05 | 1,231.63 | 1,300.90 | -5.32 | 63.82 | 5,213.74 | 5,290.35 | -1.45 | | Domestic | 35.95 | 691.21 | 693.09 | -0.27 | 36.18 | 2,955.38 | 2,362.38 | 25.10 | | Total Reported Sales | 100.00 | 1,922.84 | 1,993.99 | -3.57 | 100.00 | 8,169.12 | 7,652.73 | 6.75 | | Less: Inter segment revenues | | 0.00 | 0.00 | - | | 0.00 | 0.00 | - | | Net Sales | 100.00 | 1,922.84 | 1,993.99 | -3.57 | 100.00 | 8,169.12 | 7,652.73 | 6.75 | | PBIT | | Exim | 87.54 | 256.53 | 316.73 | -19.01 | 84.26 | 1,261.62 | 1,172.11 | 7.64 | | Domestic | 12.46 | 36.51 | 57.21 | -36.18 | 15.74 | 235.74 | 152.26 | 54.83 | | Total PBIT | 100.00 | 293.04 | 373.94 | -21.63 | 100.00 | 1,497.36 | 1,324.37 | 13.06 | | Less : Interest | | 15.91 | 15.49 | 2.71 | | 63.89 | 62.37 | 2.44 | | Add: Other un-allcoable | | 44.82 | 38.83 | 15.43 | | 129.72 | 132.47 | -2.08 | | PBIT Margin(%) | | Exim | | 20.83 | 24.35 | -351.85 | | 24.20 | 22.16 | 204.24 | | Domestic | | 5.28 | 8.25 | -297.23 | | 7.98 | 6.45 | 153.14 | | PBT | 100.00 | 321.95 | 397.28 | -18.96 | 100.00 | 1,563.19 | 1,394.47 | 12.10 |
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