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Chamanlal Setia Exports Ltd share Price Today

Company details

234.30
248.95
114.00
255.90
6M Return 33.60%
1Y Return 94.41%
Mkt Cap.(Cr) 1,232.05
Volume 276,435
Div Yield 0.42%
OI
-
OI Chg %
-
Volume 276,435

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Other Agricultural Products company Chaman Lal Setia Exports announced Q1FY24 results:

  • Revenue from operations stood at Rs 263.4 crore
  • Sales Volume (ex-China) declined by 19% YoY
  • Gross Margin expanded by 285 bps to 25.3% compared to 22.4% in Q1FY23
  • EBITDA increased by 17% YoY to Rs 38.7 crore
  • EBITDA margin expanded by a healthy 664 bps to 14.7% compared to 8.0% in Q1FY23
  • Net Profit increased by 23% YoY to Rs 27.5 crore
  • EPS stood at Rs 5.3 compared to Rs 4.3 in Q1FY23

Commenting on the performance, Rajeev Setia, Joint Managing Director & CFO, Chaman Lal Setia Exports, said, “We are delighted to start this year with a healthy margins profile. With sustained momentum and focus towards our execution excellence, our EBITDA margin grew by a healthy 664 bps YoY to 14.7%, while PAT margin was up by 500 bps YoY to 10.4% in Q1FY24. Our quarterly revenue declined by 36% YoY in Q1FY24, an impact attributed to weather disruptions occurring at the Gujarat ports in June, due to the Biparjoy cyclone.

Our EBITDA was up by 17% YoY to Rs 39 crore, supported by moderation in freight expenses, improved realizations, and our efforts toward operational efficiency. Our value-added product, Rice suitable for diabetes has contributed 8% to the overall revenues in Q1FY24. Given our commercial strength, we are well-positioned to leverage on the growing opportunities.”

 

 

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FINANCIALS

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Chamanlal Setia Exports Ltd Stocks COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 608.46 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,382.05 35,983.55
LAST 3M 58,542.74 18,995.44
LAST 6M 99,640.08 90,958.37
LAST 12M 166,983.77 138,194.89

Chamanlal Setia Exports Ltd Information

Stock PE (TTM)
9.56
Promoter Holding
73.89%
Book Value
111.3997
ROCE
27.96%
ROE
25.08%
Description
  • Chaman Lal Setia Exports Limited was founded back in 1974 by Late Mr. Chaman Lal Setia. Later on, it was incorporated as a Partnership Firm in 1983 and then reconstituted as a Public Limited Company on 21 September, 1994. The Company is engaged in the business of milling and processing of basmati rice. The Company has been involved in export operations since 1982 and was recognized as an Export House by the Ministry of Commerce in 1989, at present, the Company is a `Star Export House`. Currently, it exports to more than 80 countries around the world, which included European, Middle-eastern, American, Asian and many other markets. The Company has a manufacturing unit located in Karnal (Haryana) which has an installed capacity of 12 metric tonnes per hour, this facility is a state of art and automated rice processing unit. It also has grading and sorting facilities in Amritsar (Punjab) and Kandla (Gujarat). It processes rice in-house and uses parboiled, raw, steam process using the finest equipment to ensure physical, aromatic and taste qualities remain intact. The Company also has grading and sorting facilities in Amritsar (Punjab) and Kandla (Gujarat). It processes rice in-house and uses parboiled, raw, steam process using the finest equipment to ensure physical, aromatic and taste qualities remain intact. The flagship brand of Chaman Lal Setia Exports Limited is `Maharani` rice, along with `Mithas` and `Begum` as other basmati brands. It is involved in selling non-basmati rice under its brand `Green World Aromatic Rice`. It sells other innovative products such as `Maharani Diabetics Rice`, `Basmati Rice Plus` and organic products such as `Maharani - Brown Basmati Rice`. It has a wide marketing network spread throughout the country and sells a whole range of basmati rice, including the Super A variety, under its world famous brand, Maharani. Apart from this, it also supplies rice in bulk to recognised exporters, which constitutes indirect exports. Chaman Lal came out with a public issue in Mar.`95 to finance the expansion and modernisation of the existing units from 2 TPM to 4 TPM. The Company commenced its new packing unit at Gandhidham, Gujarat in April, 2018. It received listing approval from National Stock Exchange Limited on 10 May, 2021 and trading in shares of Company on NSE commenced w.e.f 12 May, 2021.

Registered Address

Meerankot Road, P O Central Jail Ajnala Road, Amritsar, Punjab, 143002

Tel : 91-183-2590318/2592708
Email : clsetia:rediffmail.com
Website : http://www.maharanirice.in
Registrar

Beetal Fin.&Computer Ser.P Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 530307
NSE Code : CLSEL
Book Closure Date (Month) :
BSE Group : B
ISIN : INE419D01026

FAQ’s on Chamanlal Setia Exports Ltd Shares

You can buy Chamanlal Setia Exports Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Chamanlal Setia Exports Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Dec 08, 2023 03:55 PM the closing price of Chamanlal Setia Exports Ltd was ₹ 238.15.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Dec 08, 2023 03:55 PM, the market cap of Chamanlal Setia Exports Ltd stood at ₹ 1,232.05.

The latest PE ratio of Chamanlal Setia Exports Ltd as of Dec 08, 2023 03:55 PM is 9.56

The latest PB ratio of Chamanlal Setia Exports Ltd as of Dec 08, 2023 03:55 PM is 0.47

The 52-week high of Chamanlal Setia Exports Ltd is ₹ 255.90 while the 52-week low is ₹ 114.00

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