In an interview to CNBC-TV18, S Suryanarayanan, Director - Finance, Allcargo Logistics, said the company sees a case for strong volume growth in the container freight and expects the margins (in the segment) to remain stable.
Expect container freight margins to remain stable
S Suryanarayanan
Director Finance and Joint CEO ECU LINE
Allcargo Logistics
In an interview to CNBC-TV18, S Suryanarayanan, Director - Finance, Allcargo Logistics, said the company sees a case for strong volume growth in the container freight and expects the margins (in the segment) to remain stable.
He does not see significant avenues for capex in next two years and says the bulk of it would be used for the maintenance purposes. Suryanarayanan expects Allcargo to be a debt-free company over next 18 months.
Below is the transcript of S Suryanarayanan's interview to CNBC-TV18's Latha Venkatesh and Reema Tendulkar
Reema: We understand that your container segment is still quite weak and that could put pressure on your margins in the near term, is that so and if you could quantify the pressure on the margins on account of this?
A: From our perspective there is volume growth in our Container Freight Stations (CFS) business in India. The margins are quite stable and I don't see the impact on our margins at least in the coming year we don't see it. We have a good growth happening in the CFS business that we are currently handling.
Latha: Your Multimodal Transport Operations (MTO) give you most of the money, what is the outlook on volume growth, have you seen commerce pickup enough to give you a quantum leap in volumes?
A: Overall in our international business at a global level we are growing in double digit numbers and I think we will sustain that growth and the margins there also are quite stable. So at an overall level if I were to summarise both in our MTO segments, the global LCL business and our Indian businesses both in the container freight stations and our P&D segments showing improved volume growth, improved asset utilisations. I think in the coming year we should see a growth in excess of over 40 percent in a profit after tax level as compared to the previous year if you were to see going forward in FY15.
Allcargo stock price
On October 01, 2014, at 11:13 hrs Allcargo Logistics was quoting at Rs 240.00, up Rs 7.65, or 3.29 percent. The 52-week high of the share was Rs 271.40 and the 52-week low was Rs 87.00.
The company's trailing 12-month (TTM) EPS was at Rs 4.48 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 53.57. The latest book value of the company is Rs 96.46 per share. At current value, the price-to-book value of the company is 2.49.
Anda sedang membaca artikel tentang
Expect to be debt-free over next 18 months: Allcargo
Dengan url
https://olahragakecantikan.blogspot.com/2014/10/expect-to-be-debt-free-over-next-18.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Expect to be debt-free over next 18 months: Allcargo
namun jangan lupa untuk meletakkan link
Expect to be debt-free over next 18 months: Allcargo
sebagai sumbernya
0 komentar:
Posting Komentar