Professional Documents
Culture Documents
India
Core Business
CONCOR operates three core businesses: cargo
carrier; terminal operator, warehouse operator & MMLP operation.
PRESENT SCENARIO
2012’
by Knowledge Resource Development & Welfare Group (KRDWG) for
Excellence in Application of MIS in Industry.
2013
-Container Corporation of India Ltd has declared a Final Dividend of
Rs. 9.50 (95%) per equity share of face value of Rs. 10/- each.
-Container Corporation of India has announces bonus in the ratio of
1:2
2014
-Container Corporation of India Ltd has declared a Final Dividend of
Rs. 5.30 (53%) per equity share of face value of Rs. 10/- each .
2015
-Container Corporation of India Ltd (CCI) has sanctioned setting up
of two new Multi Modal Logistics Parks (MMLPs) at Tehi in Madhya
Pradesh and Barhi in Haryana.
-Container Corporation of India Ltd selected as the winner for the
Most Efficient Miniratna of the
year- Non-Manufacturing by Dalal Street Investment Journal (DSIJ),
organized the PSU Awards 2014
-Container Corporation of India limited signed the Memorandum of
Understanding with
Ministry of Railways, for setting out various physical and financial
targets for FY 2015-16
-Container Corporation of India - Inauguration of CONCOR’s Perishable
Cargo Centre (PCC) by Railway Minister
ROAD AHEAD
The mission of the Company is to join its community partners and stake
holders to make CONCOR a Company of outstanding quality. To provide
responsive, cost effective, efficient and reliable logistics solutions to its
customers through synergy with community partners and ensuring
profitability and growth.
To be the first choice for our customers, the Company remains firmly
committed to its social responsibility and prove worthy of trust reposed in
it.
The ₹ 6,000 crore Concor, the only listed company of Indian Railways with
a cash surplus of ₹ 2400 crore and zero debt on its balance sheet, wants
to double its revenues in next five years.
The long-term vision is to make it a ₹ 12,000 crore in the next five years.
We want to go international, have presence in more countries outside
(presently we are in Nepal), be a more involved logistics player providing
end-to-end logistics for companies. We would like to be in some areas of
short sea shipping, by being a non-vessel opening common carrier so
that we are able to handle end-to-end international movement, in
association with shipping firms. We are in rail and road transportation,
value-added logistics, air cargo and to some extent coastal shipping.
Net Sales
The Net Sales for the year 2012-13 is 4,200(rs in crores) and that in the
year 2016-17 is 5,600(rs in crores). This shows there was an increase of
around 33.33% (approx.)
Working Capital Management
Working Capital management is also known as short-term financial
management. It is investment in various components of current assets
by financing through current liabilities. Financing Plans for Working
Capital are
1. Long term financing: The long-term financing is obtained for a period
of more than a year. The sources of long-term financing include equity
share capital, preference share capital, and debentures, term loans from
financial institutions etc.
2. Short-term financing: The short-term financing is obtained for a
period of one year or less. Short-term finances include public deposits,
commercial paper, factoring account receivables.
20
15
10
0
Inventory Days Receivable days Operating Cycle Payable Days Cash Cycle(-)
It can be seen from above table that the debt to equity is continuously
decreasing from 0.006 in 2012 to 0.000 in 2017 and the operating cash
flow is also increasing steadily over the years, so we can say that the
company is not under any financial distress. Non-current assets are
sufficient to cover non – current liabilities.
It is safe to conclude that the company is growing and there are no signs
of Financial Distress.
Container Corp quotes that “We would look at possibility of merger and
acquisition of existing companies. We have not done any merger and
acquisition as yet. But, we would like to have businesses in related fields
and acquire firms instead of building them-ground up. This has been on
our radar for quite some time. But, the business and shipping scenario in
past has not been very good. We are waiting for some improvement in
scenario when we can have a de-novo look at it. Being a PSU, we will
be doing professional valuations as done before.”