Cochin International Airport Ltd (CIAL) - Unlisted Shares

Fundamentals

Current Price
₹2,000
Market Cap
₹95,643.75 Cr
ISIN
INE02KH01019
Face Value
₹10
P/E Ratio
210.08
EPS
9.52
P/B Ratio
32.32
Book Value
61.88
Debt / Equity Ratio
0

Key Financials

Profit & Loss

Metric
Net Revenue
Growth %
Total Operating Expenses
Operating Profit (EBITDA)
Operating Profit Margin %
Other Income
Finance Costs
Depreciation and Amortization Expense
Profit before Tax
Income Tax
Tax %
Profit After Tax
Growth %
PAT %
EPS

Company Financials

MetricFY24FY23FY22FY21FY20FY19
Share Capital478.22382.59382.58382.58382.60382.59
Reserves and Surplus1,889.021,732.96964.35932.001,126.131,024.44
Total Equity2,367.242,115.551,346.931,314.581,508.731,407.03
Long Term Borrowings453.64560.2611.7562.4527.4553.8
Other Long Term Liabilities394.3351.2319.3325.4353.7381.8
Total Non-Current Liabilities847.94911.4931.0887.8881.1935.5
Short Term Borrowings131.79113.868.4100.325.82.4
Other Current Liabilities226.5290.0166.2222.8420.6425.1
Total Current Liabilities358.25403.8234.6323.1446.4427.4
Equity + Liabilities3,573.433,430.772,512.512,525.452,836.182,769.97
Fixed Assets (incl. WIP)2,273.742,188.962,222.202,281.30 q2,273.612,184.60
Other Non Current Assets6.680.6842.6132.7594.8680.20
Total NC Assets2,280.342,269.642,264.812,314.052,368.472,264.80
Trade Receivables115.97100.693.255.073.777.5
Cash and Bank Balances1067.29767.696.293.0258.6304.6
Other Current Assets109.8293.058.363.5135.4123.1
Total Current Assets1293.11161.1247.7211.4467.7505.2
Total Assets3,573.433,430.782,512.512,525.472,836.172,769.97

Shareholding Pattern

His Excellency, The Governor of Kerala
32.4%
Mr. Yusuffali M. A.
11.7%
Mr. N. V. George
7%
M/s. Synthite Industries Private Limited
3%
Others
45.8%

Strengths & Weaknesses

Strengths

  • First PPP in India: The airport is one of its kind being the first Public-Private Partnership (PPP). It is also the country’s first airport that is entirely run on solar power.
  • Long Track Record: The company has started commercial operations from June 1999 and has a strong operational track record of over two decades
  • Premium Pricing Strategy: Cochin International Airport boasts a strong presence of leading domestic brands within its terminal. This premium pricing strategy, compared to competitors, has provided them with a significant financial advantage. This allows Cochin Airport to not only effectively counter competition but also invest in cutting-edge research and development.
  • Post-Covid Recovery: CIAL has seen passenger traffic recover to 92% and 100% of the pre-Covid levels in FY2023 and H1 FY2024, respectively, and is likely to surpass the pre-Covid level in FY2024.

Weaknesses

  • Competition from International Airports: – CIAL has four international airports situated within 300 km radius from CIAL, viz. Trivandrum International Airport, Calicut International Airport, Coimbatore International Airport and Kannur International Airport

About Cochin International Airport Ltd (CIAL)

Cochin International Airport (COK), owned by Cochin International Airport Limited (CIAL), was the first Public-Private Partnership (PPP) airport in the country, started on 25th May’99.

Board of Directors

  • Sri. Pinarayi Vijayan - Chairman
  • Sri. S. Suhas IAS - Managing Director
  • Adv. P. Rajeeve - Director
  • Adv. K. Rajan - Director
  • Dr. V. P. Joy IAS - Director
  • Sri. E. K. Bharat Bhushan - Director
  • Smt. Aruna Sundararajan - Director
  • Sri. Yusuffali M.A. - Director
  • Sri. N.V. George - Director
  • Sri. E.M. Babu - Director
  • Dr. P. Mohamad Ali - Director

Senior Management

  • S. Suhas IAS - MD
  • Shri. Saji. K. George - ED & CS
  • Shri. Saji Daniel - CFO
Image of Cochin International Airport Ltd (CIAL)

Cochin International Airport Ltd (CIAL)