Lancer Containers Lines Q3 FY24 Share Price & Earnings Call Analysis
- Market cap
- ₹370 Cr
- P/E
- 23.93
- ROE
- 0.19%
- PEG
- -0.33
- Price to sales
- 0.89
- Debt to equity
- 0.04
- 52W high / low
- ₹277 / ₹9.94
- Sales growth (5Y)
- 4.74%
- EBITDA margin
- 0.16%
- Net profit margin
- 0.27%
- Promoter holding
- 35.07%
- Sales (last year)
- ₹419 Cr
Incorporate in 2011, Lancer Container Lines Ltd is in the business of Freight Forwarding,Clearing and Forwarding, Non-Vessel Operating Common Carrier and Trading in Containers and related activities[1]
Guidance scorecard · Q3 FY24 call
What Lancer Containers Lines Ltd's management guided
and where it ranks in Transport Services
RevenueQ3 FY24 call
20–40%- Lancer Container Lines plans to increase container capacity by about 40,000 TEUs over the next two years.
- Average quarterly container additions are around 2,000 to 2,500 TEUs, targeting 20,000 TEUs in the current year.
- The company aims for 45,000 TEUs by FY26, supported by a planned INR 300 crore QIP to buy more containers, including a start of about 50 liquid tank containers.
- The QIP funds will primarily be used to acquire dry and tank containers, enhancing operational capacity.
- New routes in Africa, Latin America, European, and Western countries are being developed to expand volumes and revenues.
2 more points from Lancer Containers Lines Ltd's call on revenue
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MarginsQ3 FY24 call
FlatSee what Lancer Containers Lines Ltd said on margins — free account, 30 seconds.
CapexQ3 FY24 call
Planned- Lancer plans to increase its container capacity by about 40,000 containers over the next two years.
- A QIP (Qualified Institutional Placement) of INR 300 crores is planned, primarily to finance the purchase of containers, including tank containers.
- The company is initiating vessel operations through a joint venture with Lotus Shipping, forming SJ Shipping, where Lancer holds 51%.
- The first vessel, a second-hand one with 600 to 800 container capacity, is expected to start operations within two quarters, funded by promoter contributions and internal accruals.
- Around 1,200 brand-new containers were already booked starting April, with plans to order approximately 2,000 containers from China.
2 more points from Lancer Containers Lines Ltd's call on capex
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FundraisingQ3 FY24 call
PlannedSee what Lancer Containers Lines Ltd said on fundraising — free account, 30 seconds.
Order bookQ3 FY24 call
- Lancer Container Lines has already booked about 1,200 brand new containers starting from April for the year.
- They have signed an agreement with a company in Ahmedabad for these containers.
- Additionally, they plan to place an order for about 2,000 brand new containers in China.
- The company added approximately 3,200 TEUs recently, reaching a total of around 18,400 TEUs.
- The average quarterly deployment of containers is around 2,000 to 2,500 TEUs, including subsidiaries.
- They aim to achieve 20,000 TEUs within the current financial year.
2 more points from Lancer Containers Lines Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Transport Services
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Transport Services companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 0–2% | ₹795 Cr | 24.9 | |
| 2 | 40%+ | Flat | ₹16,984 Cr | 98.6 | |
| 3 | 40%+ | Flat | ₹4,361 Cr | 29.7 | |
| 4 | 40%+ | Flat | ₹591 Cr | 16.6 | |
| 5 | 20–40% | Up 2%+ | ₹510 Cr | 6.7 | |
| 6 | 20–40% | Up 2%+ | ₹234 Cr | 8.1 |
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Pro shows every company guiding 40%+ revenue growth →Full Transport Services rankingFinancials of Lancer Containers Lines Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Lancer Containers Lines Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 177.23 | 200.95 | 164.25 | 166.33 | 150.56 | 152.27 | 172.44 | 202.09 | 203.97 | 117.72 | 107.09 | 93.67 | 54.40 |
| Expenses + | 153.53 | 180.42 | 136.12 | 142.01 | 120.22 | 146.96 | 156.53 | 183.08 | 194.41 | 150.21 | 100.96 | 88.16 | 56.15 |
| Operating Profit | 23.70 | 20.53 | 28.13 | 24.32 | 30.34 | 5.31 | 15.91 | 19.01 | 9.56 | -32.49 | 6.13 | 5.51 | -1.75 |
| OPM % | 13.37% | 10.22% | 17.13% | 14.62% | 20.15% | 3.49% | 9.23% | 9.41% | 4.69% | -27.60% | 5.72% | 5.88% | -3.22% |
| Other Income + | 0.87 | 4.32 | 2.27 | 4.36 | 3.95 | 2.86 | 2.33 | 7.18 | 5.23 | 3.72 | 0.77 | 12.88 | 4.92 |
| Interest | 4.01 | 4.02 | 3.80 | 3.34 | 2.46 | 1.88 | 1.54 | 2.39 | 2.54 | -0.89 | 1.45 | 2.40 | 0.92 |
| Depreciation | 4.42 | 5.34 | 9.69 | 7.51 | 14.57 | -11.36 | 3.13 | 5.23 | 6.71 | 8.47 | 9.42 | 9.56 | 9.54 |
| Profit before tax | 16.14 | 15.49 | 16.91 | 17.83 | 17.26 | 17.65 | 13.57 | 18.57 | 5.54 | -36.35 | -3.97 | 6.43 | -7.29 |
| Tax % | 15.61% | 29.24% | 16.50% | 20.30% | 18.66% | 9.41% | 11.05% | 14.32% | 26.17% | -10.78% | 16.37% | -5.13% | 1.92% |
| Net Profit + | 13.62 | 10.97 | 14.12 | 14.21 | 14.05 | 15.99 | 12.06 | 15.91 | 4.08 | -32.44 | -4.62 | 6.77 | -7.43 |
| EPS in Rs | 0.75 | 0.59 | 0.76 | 0.66 | 0.61 | 0.70 | 0.51 | 0.62 | 0.17 | -1.30 | -0.18 | 0.27 | -0.30 |
Financials of Lancer Containers Lines Ltd
Profit & Loss
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales + | 265 | 313 | 642 | 837 | 633 | 699 | 373 |
| Expenses + | 243 | 288 | 591 | 747 | 545 | 684 | 395 |
| Operating Profit | 22 | 25 | 50 | 90 | 88 | 16 | -23 |
| OPM % | 8% | 8% | 8% | 11% | 14% | 2% | -6% |
| Other Income + | 1 | 1 | 2 | 8 | 13 | 15 | 22 |
| Interest | 3 | 3 | 3 | 13 | 12 | 6 | 4 |
| Depreciation | 9 | 10 | 10 | 17 | 20 | 24 | 37 |
| Profit before tax | 11 | 13 | 40 | 69 | 70 | 1 | -41 |
| Tax % | 26% | 26% | 27% | 22% | 16% | 125% | |
| Net Profit + | 8 | 10 | 29 | 54 | 58 | -0 | -38 |
| EPS in Rs | 0.44 | 0.54 | 1.60 | 2.91 | 2.55 | -0.01 | -1.51 |
| Dividend Payout % | 0% | 5% | 0% | 0% | 0% | 0% |
Financials of Lancer Containers Lines Ltd
Balance Sheet
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 30 | 31 | 114 | 125 | 125 |
| Reserves | 25 | 35 | 43 | 153 | 286 | 362 | 364 |
| Borrowings + | 30 | 31 | 42 | 283 | 113 | 66 | 50 |
| Other Liabilities + | 31 | 50 | 86 | 60 | 49 | 50 | 38 |
| Total Liabilities | 96 | 126 | 202 | 526 | 562 | 603 | 578 |
| Fixed Assets + | 66 | 65 | 81 | 131 | 142 | 461 | 452 |
| CWIP | 0 | 0 | 5 | 0 | 0 | 0 | 0 |
| Investments | 3 | 6 | 2 | 5 | 7 | 8 | 1 |
| Other Assets + | 27 | 55 | 113 | 390 | 413 | 135 | 125 |
| Total Assets | 96 | 126 | 202 | 526 | 562 | 603 | 578 |
Financials of Lancer Containers Lines Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 17 | 32 | 47 | -223 | 43 | 310 |
| Cash from Investing Activity + | -6 | -6 | -15 | -61 | -40 | -339 |
| Cash from Financing Activity + | -9 | -13 | -2 | 277 | -8 | 24 |
| Net Cash Flow | 2 | 13 | 29 | -7 | -6 | -5 |
| Free Cash Flow | 11 | 28 | 33 | -283 | 3 | -32 |
| CFO/OP | 83% | 136% | 106% | -239% | 58% | 2,012% |
Financials of Lancer Containers Lines Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 25 | 36 | 31 | 41 | 65 | 39 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 25 | 36 | 31 | 41 | 65 | 39 |
| Working Capital Days | -17 | -25 | -19 | 14 | 32 | 16 |
| ROCE % | 23% | 44% | 27% | 17% | 1% |
Guidance history
How Lancer Containers Lines Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q3 FY24 call → | 20–40% | Flat | Planned | Planned | — |
| Q2 FY24 call → | 20–40% | Up 0–2% | Planned | Planned | — |
| Q1 FY24 call → | 20–40% | Flat | Planned | Planned | — |
| Q3 FY23 call → | 20–40% | Flat | Planned | Planned | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What Lancer Containers Lines Ltd's management said in earlier quarters
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