Chaman Lal Setia Exports Ltd

Chaman Lal Setia Exports Ltd
Other Agricultural Products
FV – Rs 2; 52wks H/L –82.45/43.72; TTQ – 21 K; CMP – Rs 78 (As On December 28th 2016);                                 

 Market Cap – Rs 407 Crs

Standalone Financials and Valuations for FY16 (Amt in Rs Crs unless specified)


Equity Capital
Net worth		 Long Term Debt
Total
Sales		 PAT
BV
(Rs)
EPS (Rs)
P/E
Industry P/E
P/BV
Promoter’s
Stake		 Beta
9.41 110 17 488 37.25 23 7.92 9.85 24.58 3.4 74.82 0.54

 

Standalone Financials and Valuations for H1 FY17


Equity Capital
Net worth		 Long Term Debt
Total
Sales		 PAT
BV
(Rs)
EPS (Rs)
P/E
Industry P/E
P/BV
Promoter’s
Stake		 Beta
9.41 130 17 237 19.34 28 4.11 18 24.58 2.79 74.82 0.54
  • On 28/12/2015 there was a stock split from Rs.10 per share to Rs.2 per share.

 

Valuation Parameters:

  1. Long Term Debt to Equity – 0.15
  2. ROE % – 34
  3. Market Cap/Sales – 0.83

 

Overview:

  • Chaman Lal Setia Exports Ltd. is a manufacturer and exporter of basmati rice.
  • The Company also offers non-basmati rice, such as Sugandha, Sharbati, Prll and Sona Massouri.
  • The Company’s diverse product line covers products, such as Sella Rice, Bhatti Sella, Rice for Diabetic peoples, Smoked rice and Pesticide Residue free rice.
  • In the international market, the Company is exporting rice to over 70 countries across the world in the Maharani brand or under the private labels of the customers.
  • Its Maharani Product range includes Basmati Rice 1121, Maharani Basmati Rice, Royal Basmati Rice and Supreme Basmati Rice. Its basmati product range includes Mithas Basmati Rice, Begum Basmati Rice and Nezzah Indian Basmati Rice. The Company also offers private labeling to all its customers.

 

Management:

  • Mr. Chaman Lal Sethia  – CMD
  • Mr. Ram Singh – CFO

The Equity Capital is @ Rs 9.41 Crs consisting of 51733550 equity Shares of FV Rs 2 currently held as under

None Of the Promoter’s Holding is pledged.

Major Non – Promoter Holdings:

Sr.No Non – Promoters No. of shares held % of shares held
1 Sangeetha S 561407 1.09
2 Laj Capital Services P Ltd 1449250 2.8

 

 

Share Price Movement

 

Standalone Financial Trends (In Rs. Crs) :

Particulars FY16 FY15 FY14 FY13 FY12 FY11
Equity Paid Up 9.41 9.44 9.43 9.43 9.41 9.41
Networth 110 79 66 51 40 35
Total Debt 91 50 61 34 49 46
Net Sales 488 510 418 273 219 168
Other Income 5 2 2 7 1 0.2
PAT 37.25 19.5 18.24 11.98 7.7 6.02
Book Value (Rs) 23 17 14 11 9 7
EPS (Rs) 7.92 4.13 3.87 2.54 1.64 1.28

 

During the year 92200 of Rs 10 each (Face value) Shares were forfeited by the company due to continuous default of call money.