Lancer Containers Lines Q3 FY24 Share Price & Earnings Call Analysis

₹9.94-2.07% today
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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Full Q3 FY24 analysis

MarginsQ3 FY24 call

Flat

See what Lancer Containers Lines Ltd said on margins — free account, 30 seconds.

Full Q3 FY24 analysis

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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Full Q3 FY24 analysis

FundraisingQ3 FY24 call

Planned

See what Lancer Containers Lines Ltd said on fundraising — free account, 30 seconds.

Full Q3 FY24 analysis

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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Full Q3 FY24 analysis

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

  1. 2
  2. Strong growth
    1
  3. Strong growth
    3

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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

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 0–2%₹795 Cr24.9
240%+Flat₹16,984 Cr98.6
340%+Flat₹4,361 Cr29.7
440%+Flat₹591 Cr16.6
520–40%Up 2%+₹510 Cr6.7
620–40%Up 2%+₹234 Cr8.1

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Pro shows every company guiding 40%+ revenue growth →Full Transport Services ranking

Financials 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 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +177.23200.95164.25166.33150.56152.27172.44202.09203.97117.72107.0993.6754.40
Expenses +153.53180.42136.12142.01120.22146.96156.53183.08194.41150.21100.9688.1656.15
Operating Profit23.7020.5328.1324.3230.345.3115.9119.019.56-32.496.135.51-1.75
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 +0.874.322.274.363.952.862.337.185.233.720.7712.884.92
Interest4.014.023.803.342.461.881.542.392.54-0.891.452.400.92
Depreciation4.425.349.697.5114.57-11.363.135.236.718.479.429.569.54
Profit before tax16.1415.4916.9117.8317.2617.6513.5718.575.54-36.35-3.976.43-7.29
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 +13.6210.9714.1214.2114.0515.9912.0615.914.08-32.44-4.626.77-7.43
EPS in Rs0.750.590.760.660.610.700.510.620.17-1.30-0.180.27-0.30

Financials of Lancer Containers Lines Ltd

Profit & Loss

Annual income statement trend

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +265313642837633699373
Expenses +243288591747545684395
Operating Profit222550908816-23
OPM %8%8%8%11%14%2%-6%
Other Income +1128131522
Interest333131264
Depreciation9101017202437
Profit before tax11134069701-41
Tax %26%26%27%22%16%125%
Net Profit +810295458-0-38
EPS in Rs0.440.541.602.912.55-0.01-1.51
Dividend Payout %0%5%0%0%0%0%

Financials of Lancer Containers Lines Ltd

Balance Sheet

Capital structure and asset base

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital10103031114125125
Reserves253543153286362364
Borrowings +3031422831136650
Other Liabilities +31508660495038
Total Liabilities96126202526562603578
Fixed Assets +666581131142461452
CWIP0050000
Investments3625781
Other Assets +2755113390413135125
Total Assets96126202526562603578

Financials of Lancer Containers Lines Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +173247-22343310
Cash from Investing Activity +-6-6-15-61-40-339
Cash from Financing Activity +-9-13-2277-824
Net Cash Flow21329-7-6-5
Free Cash Flow112833-2833-32
CFO/OP83%136%106%-239%58%2,012%

Financials of Lancer Containers Lines Ltd

Ratios

Working capital efficiency and return ratios

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days253631416539
Inventory Days
Days Payable
Cash Conversion Cycle253631416539
Working Capital Days-17-25-19143216
ROCE %23%44%27%17%1%

Guidance history

How Lancer Containers Lines Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q3 FY24 call →20–40%FlatPlannedPlanned—
Q2 FY24 call →20–40%Up 0–2%PlannedPlanned—
Q1 FY24 call →20–40%FlatPlannedPlanned—
Q3 FY23 call →20–40%FlatPlannedPlanned—

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

What Lancer Containers Lines Ltd's management said in earlier quarters

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