Lancer offers a wide range of container size and types ranging from 20 feet and 40 feet sizes and from Dry Van to Special Equipment. It has current inventory of more than10,000 containers to suit all types of customer needs. Lancer also provides Air Freight Services across the globe. Being well-connected to more than hundreds of Airlines and IATA certified Airline Agents in the industry, company has an advantage that help them offer services at competitive air freight rates, especially for shipments that are of high value or pressing on timely delivery.
The Company has an equity of Rs.10.05 crore backed by huge reserves of around Rs.29 crore, which leads to a share book value of Rs.39.2. The promoters hold 74.44% while the investing public holds 25.56% stake in the company.
It posted stable Q3FY21 numbers as net profit grew 29.44% to Rs.2.33 crore from Rs.1.80 crore
in Q3FY20 on income of Rs.64.81 crore fetching an EPS of Rs.2.32. For 9MFY21, it reported
23.31% higher PAT of Rs.6.77 crore on income of Rs.188.11 crore and an EPS of Rs.6.74.
At the CMP, LCLL trades at a PE ratio of just 11x while industry pe is 292 .
market cap to sales ratio is .10 (massively undervalued)
The Company has an equity of Rs.10.05 crore backed by huge reserves of around Rs.29 crore, which leads to a share book value of Rs.39.2. The promoters hold 74.44% while the investing public holds 25.56% stake in the company.
It posted stable Q3FY21 numbers as net profit grew 29.44% to Rs.2.33 crore from Rs.1.80 crore
in Q3FY20 on income of Rs.64.81 crore fetching an EPS of Rs.2.32. For 9MFY21, it reported
23.31% higher PAT of Rs.6.77 crore on income of Rs.188.11 crore and an EPS of Rs.6.74.
At the CMP, LCLL trades at a PE ratio of just 11x while industry pe is 292 .
market cap to sales ratio is .10 (massively undervalued)