amit@unlistedkraft.com
+91-9599071664
+91-9599071664
Cochin International Airport Ltd (CIAL)
DRHP Status : DHRP not filed
450
Current Price
450
Market Cap
21,998.06 Cr
ISIN
INE02KH01019
Face Value
10
P/E Ratio
48.32
EPS
9.52
P/B Ratio
7.43
Book Value
61.88
Debt to Equity Ratio
0.25
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 267 | 502 | 940 | 1158 |
| Cost of Material Consumed | 8 | 70 | 145 | 114 |
| Gross Margins | 97 | 86.06 | 84.57 | 90.16 |
| Change in Inventory | 16 | -5 | -33 | 9 |
| Employee Benefit Expenses | 95 | 107 | 129 | 140 |
| Other Expenses | 103 | 103 | 136 | 173 |
| EBITDA | 45 | 227 | 563 | 722 |
| OPM | 16.85 | 45.22 | 59.89 | 62.35 |
| Other Income | 29 | 22 | 15 | 75 |
| Finance Cost | 56 | 55 | 45 | 51 |
| D&A | 141 | 145 | 142 | 148 |
| EBIT | -96 | 82 | 421 | 574 |
| EBIT Margins | -35.96 | 16.33 | 44.79 | 49.57 |
| PBT | -123 | 48 | 391 | 599 |
| PBT Margins | -46.07 | 9.56 | 41.6 | 51.73 |
| Tax | -30 | 13 | 99 | 151 |
| PAT | -93 | 35 | 292 | 448 |
| NPM | -34.83 | 6.97 | 31.06 | 38.69 |
| EPS | -2.43 | 0.92 | 7.63 | 9.37 |
Financial Ratios |
2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | 16.85 | 45.22 | 59.89 | 62.35 |
| Net Profit Margin | -34.83 | 6.97 | 31.06 | 38.69 |
| Earning Per Share (Diluted) | -2.43 | 0.92 | 7.63 | 9.37 |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 2093 | 2131 | 2075 | 2076 |
| CWIP | 187 | 90 | 113 | 181 |
| Investments | 1 | 10 | 196 | 11 |
| Trade Receivables | 55 | 93 | 100 | 116 |
| Inventory | 16 | 22 | 55 | 46 |
| Other Assets | 173 | 166 | 892 | 1143 |
| Total Assets | 2525 | 2512 | 3431 | 3573 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 382.5 | 382.5 | 382.5 | 478.21 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 932 | 964 | 1733 | 1889 |
| Borrowings | 663 | 680 | 674 | 585 |
| Trade Payables | 17 | 35 | 58 | 44 |
| Other Liabilities | 530.5 | 450.5 | 583.5 | 576.79 |
| Total Liabilities | 2525 | 2512 | 3431 | 3573 |
| Name | Holding |
|---|---|
| His Excellency, The Governor Of Kerala | 33.38% |
| Mr. Yusuffali M | 12.11% |
| Mr. N V George | 5.94% |
| Others | 48.57% |
Investor Info. Cochin International Airport Limited is a unique entity established with equity participation from the Government of Kerala, NRIs, Industrialists, Financial Institutions and Airport Service Providers, with around 18,000 shareholders from 29 countries.
Strengths
- Profitability: CIAL has been profitable and has a strong business model.
- Sustainable aviation: CIAL is the world's first solar-powered airport.
- Dividend history: CIAL has a history of providing attractive dividends.
- Growth potential: CIAL's revenue, assets, and profitability have been growing.
- Investment opportunity: CIAL's unlisted shares may be appealing to investors looking for future growth.
Weaknesses
- Lower liquidity: Unlisted shares may have lower liquidity than listed shares.
- Limited valuation transparency: Unlisted shares may have limited valuation transparency.
- Risks: Unlisted shares come with risks.
Other considerations
- CIAL's growth may be driven by the growth of air travel in India.
- CIAL may need to expand operations to continue its growth.
- CIAL may acquire new airports or diversify its service offerings.
- CIAL may launch an Initial Public Offering (IPO) in the future.
+91-9599071664
amit@unlistedkraft.com