INTER STATE OIL CARRIER LTD (530259) - STOCK OF THE WEEK

Dear Investor friends, Today I am expressing my view on one surface transportation company.

INTER STATE OIL CARRIER LTD (530259)

Interstate Oil Carriers founded in 1971, and over the years company has grown steadily and crossed different important milestones acquiring and developing apt infrastructure and resources on PAN India basis across the supply chain corridor where it operates, to meet the new and dynamic challenges.

Transportation is a direct function to GDP growth of a country and therefore is going to play a very important role in this huge growth movement.  As an integral part of that movement company believe that efficient and innovative transportation is the need of the hour and are inclined and dedicated towards providing optimum transport solutions in line with the same.

Today Company work closely customers, trying and understanding their logistic needs, and define and develop the optimum logistics solutions from them to their satisfaction. Company believe that sustainability and transparency in operations along with regular and real time information flow to customers not only keeps all resources at disposal on the toes but also helps deliver goods in time and ensures that it builds up the confidence and reliability in the mind of the customer. 

Company has strong customer base today, for striving their liquid carrier needs, bulk liquid logistics partners to an array of Multi National and National level Customers of repute, belonging to a diverse base of Customer markets sectors not only in India but also across international borders.

Following are the few reputed customers of the company & sectors which they work on..

B2B CUSTOMER SECTORS :

·         Paints, Coatings & Ink

·         Personal Care, Detergent and Toiletries

·         Foods & Oils

·         Construction Chemicals

·         Pharma

·         Electronics & White goods

·         Ply wood

NOTE: THIS IS NOT A RESEARCH REPORT NOR A BUY/SELL RECOMMENDATION.

Company website: Click here

FINANCIALS AND OUTLOOK

Company shares are trading in BSE.

Promoter holding: 35.4 % as on sept qtr.

Company posted 6.5 Cr top line in sept Qtr.

Net profit is 0.37 Cr bottom-line in sept Qtr.

Operating margins were improved

Debt to equity: 0.40

Book value: Rs 29.7

Stock is trading at Rs 20.8

PE is low as compared peers as well as industry.

Company is mainly engaged in the business of surface transportation in bulk liquid carrier segment. As the company serves for all types of industrial logistic needs and the domain is expanding and growing very fast will be a huge positive for the company.

By considering above, and performance of the company over QOQ in both topline & bottom lines have shown significant growth. Company is growing constantly over the years.

NOTE : THE ABOVE IS NOT A RESEARCH REPORT NOR A RECOMMENDATION  BUT INFORMATION AS AVAILABLE ON PUBLIC DOMAIN. 

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”