Mahasagar Travels reports 239% EBITDA growth in 2016 and 1.4% Revenue growth
31-05-2016 • About Mahasagar Travels (
$MHSGRMS) • By InTwits
Mahasagar Travels reported FY2016 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
Mahasagar Travels's Revenue increased slightly on 1.4%. Revenue decline was accompanies by EBITDA margin decline. EBITDA Margin dropped on 12.1 pp from 39.9% to 27.7% in FY2016.
Net Income margin increased slightly on 1.00 pp from 1.8% to 2.8% in FY2016. During FY2012-FY2016 Net Income margin bottomed in FY2015 at 1.8%.
Financial and operational results
Mahasagar Travels ($MHSGRMS) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 405.8 | 379.8 | 415.5 | 467.7 | 474.3 | 1.4% |
| EBITDA | 37.6 | | | 13.2 | 44.8 | 238.8% |
| Net Income | 11.2 | 8.5 | 8.1 | 8.5 | 13.3 | 57.5% |
Balance Sheet
|
|---|
| Cash | 15.8 | | | | | |
| Short Term Debt | 34.1 | | | | | |
| Long Term Debt | 0.0 | | | | | |
Cash flow
|
|---|
| Capex | 47.5 | | | | | |
Ratios
|
|---|
| Revenue growth | 24.6% | -6.4% | 9.4% | 12.6% | 1.4% | |
| EBITDA growth | 327.0% | | | | 238.8% | |
|
|---|
| EBITDA Margin | 9.3% | | | 2.8% | 9.4% | 6.6% |
| Net Income Margin | 2.8% | 2.2% | 2.0% | 1.8% | 2.8% | 1.0% |
| CAPEX, % of revenue | 11.7% | | | | | |
|
|---|
| ROIC | 21.1% | | | | | |
| ROE | 45.5% | | | | | |
| Net Debt/EBITDA | 0.5x | | | 0.0x | 0.0x |
Peers in Surface Transportation
Below you can find Mahasagar Travels benchmarking vs. other companies in Surface Transportation industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Chartered Logistics ($CHLOGIST) | - | -2.6% | -35.6% | 8.4% | -5.9% |
| Inter State Oil Carrier ($INTSTOIL) | - | -13.5% | 1.8% | 14.7% | -9.9% |
| Abc India ($ABCINDQ) | - | -30.3% | -8.7% | -7.2% | -12.5% |
| Patel Integrated Logistics ($PATINTLOG) | - | 12.7% | 6.5% | 8.2% | -13.0% |
| |
|---|
| Median (4 companies) | 5.5% | -2.6% | 1.8% | 8.4% | -11.2% |
|---|
| Mahasagar Travels ($MHSGRMS) | - | -6.4% | 9.4% | 12.6% | 1.4% |
Top companies by EBITDA margin, %
| Top | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Chartered Logistics ($CHLOGIST) | 12.6% | 10.3% | 6.1% | - | 8.1% |
| Patel Integrated Logistics ($PATINTLOG) | 3.7% | 3.3% | 3.0% | 3.7% | 4.2% |
| Abc India ($ABCINDQ) | 9.6% | 16.0% | 2.1% | -0.4% | 0.1% |
| |
|---|
| Median (3 companies) | 9.6% | 10.3% | 6.1% | 4.2% | 4.2% |
|---|
| Mahasagar Travels ($MHSGRMS) | 9.3% | - | - | 2.8% | 9.4% |
Top companies by CAPEX/Revenue, %
| Top | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Transport Corporation Of India ($TCI) | 5.9% | 3.1% | 3.6% | 5.9% | - |
| Patel Integrated Logistics ($PATINTLOG) | 1.6% | - | 0.6% | 0.6% | - |
| |
|---|
| Median (2 companies) | 5.2% | 2.4% | 0.8% | 3.3% | 1.1% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Patel Integrated Logistics ($PATINTLOG) | 9.5% | 9.0% | 8.5% | 12.5% | 11.5% |
| Coastal Roadways ($COARO) | 8.9% | 4.0% | - | - | - |
| Balurghat Technologies ($BALTE) | - | - | - | - | - |
| Abc India ($ABCINDQ) | - | 13.7% | - | - | - |
| Chartered Logistics ($CHLOGIST) | 17.3% | 10.7% | -0.3% | - | - |
| |
|---|
| Median (6 companies) | 13.0% | 9.8% | 8.5% | 13.7% | 11.5% |
|---|
| Mahasagar Travels ($MHSGRMS) | 21.1% | - | - | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Chartered Logistics ($CHLOGIST) | 3.0x | 3.4x | 8.5x | - | 3.4x |
| Patel Integrated Logistics ($PATINTLOG) | 1.4x | 1.5x | 1.8x | 1.5x | 1.1x |
| Balurghat Technologies ($BALTE) | 0.0x | 0.0x | 0.0x | - | 0.0x |
| Coastal Roadways ($COARO) | 0.9x | 1.7x | - | 0.0x | 0.0x |
| Abc India ($ABCINDQ) | 3.6x | 2.5x | 0.0x | - | 0.0x |
| |
|---|
| Median (5 companies) | 2.1x | 2.0x | 0.9x | 1.4x | 0.0x |
|---|
| Mahasagar Travels ($MHSGRMS) | 0.5x | - | - | 0.0x | 0.0x |
