Gateway Distriparks Ltd.    
05 Jun 2020
91.00
-1.36%
buy
Sharekhan
Valuation Maintain Buy with a revised PT of Rs. 110: GDL's rail business and cold chain business continue to fare well in the current environment owing to being categorized in essential services. The CFS business may remain under pressure in FY2021 while gradually improving in FY2022. We believe GDL's deleveraging plan along with healthy profitability in the rail division should gradually drive net earnings growth during FY2022. We have lowered our earnings estimate for FY2021-FY2022 factoring in lower volumes on account of COVID-19 pandemic. GDL's current valuation at 5.7x EV/EBITDA and 0.7x...
Gateway Distriparks .. has an average target of 131.67 from 3 brokers.
Gateway Distriparks Ltd.    
05 Jun 2020
91.00
-1.36%
buy
Sharekhan
Valuation Maintain Buy with a revised PT of Rs. 110: GDL's rail business and cold chain business continue to fare well in the current environment owing to being categorized in essential services. The CFS business may remain under pressure in FY2021 while gradually improving in FY2022. We believe GDL's deleveraging plan along with healthy profitability in the rail division should gradually drive net earnings growth during FY2022. We have lowered our earnings estimate for FY2021-FY2022 factoring in lower volumes on account of COVID-19 pandemic. GDL's current valuation at 5.7x EV/EBITDA and 0.7x...
Promoters pledge increased to 18.69% of holdings in Sep 2020 qtr.
Gateway Distriparks Ltd.    
24 Jan 2020
91.00
-1.36%
HDFC Securities
Key risks: (1) Delayed execution of the DFC, (2) Gateway Rail has received a circular from the DGFT, regarding the basis for availing SEIS benefits of Rs 1bn (received for FY16-18). This matter is being contested and the mgmt is confident of its stance (3) Weaker than expected economic recovery. We initiate on Gateway Distriparks (GDL) with a BUY. We expect rail volumes to grow in double digits from here on due to managements focused approach and the commissioning of the DFC over FY21-22. Further, the co is proactively exiting noncore segments/selling excess land, which will enable GDL to reduce debt by Rs 2.5bn in the near term. We set a Dec-21 based SoTP of Rs 180.
Gateway Distriparks Ltd. is trading below it's 30 day SMA of 92.4
Gateway Distriparks Ltd.    
22 Jan 2020
91.00
-1.36%
Motilal Oswal
The company used the proceeds to redeem debentures of INR500m along with interest in Jan20, and now plans to focus on the core business. Commissioning of DFCC will be a key trigger for the company GDPLs YoY numbers are not comparable due to the consolidation of Gateway Rail from Mar19. CFS volumes declined 15% YoY to 94,337 TEUs, while Rail volumes were up 8% YoY to 61,634 TEUs. that the adoption of Ind-AS 116 led to an increase in EBITDA by INR123m. an exceptional gain of INR80m related to the sale of the CFS terminal. Also, the sale of the Chandra CFS in Chennai impacted volumes for the quarter, resulting in a loss of market share in Chennai. For GDPL, discounts have increased by ~14% over last one year to INR4,000/TEU. The company plans to incur capex of INR1.5b over the next two years, majorly toward setting up of satellite terminals in north.
Gateway Distriparks .. has an average target of 131.67 from 3 brokers.
Gateway Distriparks Ltd.    
30 Dec 2019
91.00
-1.36%
buy
Sharekhan
Gateway Distriparks (GDL) has sold its entire stake of 40.25% in Snowman Logistics (SLL) for ~Rs. 296 crore to Adani Logistics (subsidiary of Adani Ports) in a deal valued at Rs. 44 per share. The stake sale was in line with GDL's focus on de-leveraging its balance sheet by exiting non-core businesses. In Q2FY2020, the company sold its Chennaibased container freight station (CFS) - Chandra CFS for ~Rs. 50 crore. Thus, the total proceeds (CFS + SLL stake sale) of ~Rs320crore will be utilised to repay debt (including the part payment of Rs. 270crore non-convertible debentures by March 2020). This would help in deleveraging the balance sheet and would help the company restructure...
Promoters pledge increased to 18.69% of holdings in Sep 2020 qtr.
Gateway Distriparks Ltd.    
30 Dec 2019
91.00
-1.36%
buy
Sharekhan
Gateway Distriparks (GDL) has sold its entire stake of 40.25% in Snowman Logistics (SLL) for ~Rs. 296 crore to Adani Logistics (subsidiary of Adani Ports) in a deal valued at Rs. 44 per share. The stake sale was in line with GDL's focus on de-leveraging its balance sheet by exiting non-core businesses. In Q2FY2020, the company sold its Chennaibased container freight station (CFS) - Chandra CFS for ~Rs. 50 crore. Thus, the total proceeds (CFS + SLL stake sale) of ~Rs320crore will be utilised to repay debt (including the part payment of Rs. 270crore non-convertible debentures by March 2020). This would help in deleveraging the balance sheet and would help the company restructure...
Promoters pledge increased to 18.69% of holdings in Sep 2020 qtr.
Gateway Distriparks Ltd.    
18 Nov 2019
91.00
-1.36%
buy
Sharekhan
Gateway Distriparks Limited (GDL) reported sequential improvement (not comparable y-o-y due to IND AS 116 adjustments) in performance for Q2FY2020. The CFS and Rail verticals reported 6% plus q-o-q improvement in EBITDA per TEU leading to 11% q-o-q rise in consolidated operating profit. The consolidated net revenue was up 3.5% y-o-y aided by rail (volume rise by 9% y-o-y). For rail, an increase in market share in Ludhiana, price hike taken at the start of FY2020 and reduction in variable costs improved profitability despite lower double stacking....
Gateway Distriparks .. has an average target of 131.67 from 3 brokers.
Gateway Distriparks Ltd.    
19 Aug 2019
91.00
-1.36%
Sharekhan
Gateway Distriparks Limited (GDL) reported mix bagged results for Q1FY2020. The rail division witnessed marginal volume improvement along with improvement in profitability. However, the container freight station (CFS) vertical suffered on both counts because of competitive intensity and higher DPD volumes. GDL booked Rs. 54.8 crore SEIS income pertaining to FY2017-FY2019, while on adoption of IND AS 116, EBITDA stood higher by Rs. 11 crore bifurcated to increased interest and depreciation. On like-to-like basis, revenue grew by 3.7%...
default
Gateway Distriparks Ltd. is trading below it's 30 day SMA of 92.4
Gateway Distriparks Ltd.    
22 Feb 2018
91.00
-1.36%
Axis Direct
Q3 Rail volume declined 4% QoQ (up 8% YoY; Concor volume down 2% QoQ, up 11%YoY) on intermittent impact of rising trade imbalance (imports growing faster than exports); management highlighted slower volume growth for hinterland based cargo, though port volumes have grown YoY.
Promoters pledge increased to 18.69% of holdings in Sep 2020 qtr.