Earnings Alerts

Container Corp of India (CCRI) Earnings: 4Q Net Income Misses Estimates Despite 6.1% y/y Increase

• Container Corp reported 4Q Net Income of 2.95 billion rupees, an increase of 6.1% year-on-year (y/y).

• The company’s net income, however, missed the estimated figure of 3.51 billion rupees.

• Revenue for the 4Q stood at 23.2 billion rupees, highlighting a y/y growth of 6.9%.

• Despite the increase, the revenue was below the estimated amount of 23.51 billion rupees.

• Total costs for Container Corp in the quarter were 20.1 billion rupees, up 6.3% y/y.

• The company announced a dividend per share of 2.50 rupees.

• Current market positions include: 12 buys, 11 holds and 5 sells, signifying varied confidence among investors.


A look at Container Corp of India Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Container Corporation of India Limited, a prominent player in the railway cargo services sector with a strong focus on container trains, is poised for a stable long-term outlook based on its Smartkarma Smart Scores. With a solid score of 4 in Dividend, investors can expect consistent returns through dividend payouts. Additionally, the company’s impressive score of 5 in Resilience indicates a robust ability to weather economic uncertainties and challenges, further enhancing its attractiveness as a long-term investment option.

While Container Corp of India scored a moderate 3 in both Value and Growth, its momentum score of 4 reflects a positive trend in the market sentiment towards the company’s performance. Overall, the blend of consistent dividends, resilience to market fluctuations, and positive momentum signals a promising long-term outlook for Container Corporation of India Limited in the railway cargo and warehousing services industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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