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Company Overview
Chennai Super Kings (CSK) is one of the most renowned franchises in the Indian Premier League (IPL), a premier cricket league in India. Established in 2008, CSK has garnered a massive fan following and has consistently been one of the top-performing teams in the IPL.
Business Operations:
- CSK operates primarily within the framework of the IPL, participating in the annual tournament that features teams from various Indian cities.
- The franchise is involved in player acquisitions, sponsorships, merchandising, and ticket sales, all contributing to its overall revenue stream.
History and Achievements:
- Founded in 2008, CSK is owned by India Cements and led by its charismatic captain, Mahendra Singh Dhoni.
- CSK has won the IPL championship multiple times, showcasing their dominance and skill in the league.
- Known for their strategic gameplay and strong team spirit, CSK has been a favorite among cricket enthusiasts across the globe.
Financial Performance:
- CSK has demonstrated robust financial performance over the years, fueled by significant revenue from sponsorships, broadcasting rights, and merchandise sales.
- The franchise has consistently reported substantial turnover, reflecting its strong market presence and fan base.
- Profitability has been a hallmark of CSK’s financial strategy, leveraging its brand value and on-field success to generate revenue and ensure sustainable growth.
Impact and Fan Base:
- CSK’s success on the field has translated into a massive fan following, both in India and internationally.
- The franchise has created a strong brand identity, with its iconic yellow jersey becoming synonymous with passion and cricketing excellence.
- CSK’s matches are widely watched and attended, contributing to the vibrancy of the IPL and the broader cricketing community.
Community and Outreach:
- Beyond cricket, CSK actively engages in community outreach programs, promoting sportsmanship and youth development initiatives.
- The franchise has been a catalyst for nurturing young talent, contributing to the overall growth of cricket in India.
Future Outlook:
- Looking ahead, CSK continues to strive for excellence in cricketing performances while expanding its commercial footprint.
- With a solid fan base and strong financial backing, CSK remains poised to maintain its position as a leading franchise in the IPL and a beacon of sports entertainment globally.
Fundamentals
| Fundamental | Value | Fundamental | Value |
|---|---|---|---|
| Current Price | ₹185 | ROE (%) | 17.34 |
| Debt to Equity | 0.22 | P/B | 18.94 |
| Market Cap (in Cr.) | ₹5698 | P/E Ratio | 109.47 |
| Face Value | ₹0.1 | PAN Number | AAFCC8730K |
| Book Value | ₹9.77 | EPS | ₹1.69 |
| ISIN | INE852S01026 | No. of Shares (in Cr.) | 308 |
Promoters & Managements
| Name | Designation |
|---|---|
| N. Srinivasan | Chairman |
| K.S. Viswanathan | CEO |
Profit and Loss Statement
| Item | 2022 | 2023 |
|---|---|---|
| Revenue | 34,914 | 29,234 |
| Cost of Material Consumed | 28,159 | 20,161 |
| Gross Margins (%) | 17.43% | 26.19% |
| Change in Inventory | 0 | 0 |
| Employee Benefit Expenses | 318 | 368 |
| Other Expenses | 1,495 | 284 |
| EBITDA | 4,133 | 6,502 |
| OPM (Operating Profit Margin) | 12.12% | 23.8% |
| Other Income | 809 | 1,919 |
| Finance Cost | 567 | 1,005 |
| D&A (Depreciation & Amortization) | 240 | 363 |
| EBIT (Earnings Before Interest and Taxes) | 3,893 | 6,139 |
| EBIT Margins (%) | 11.41% | 22.47% |
| PBT (Profit Before Tax) | 4,133 | 7,053 |
| PBT Margins (%) | 12.12% | 25.82% |
| Tax | 920 | 1,835 |
| PAT (Profit After Tax) | 3,213 | 5,218 |
| NPM (Net Profit Margin) (%) | 9.42% | 19.1% |
| EPS (Earnings Per Share) | ₹1.04 | ₹1.69 |
Financial Ratios
| Financial Ratio | 2022 | 2023 |
|---|---|---|
| Operating Profit Margin (%) | 12.12% | 23.8% |
| Net Profit Margin (%) | 9.42% | 19.1% |
| Earnings Per Share (Diluted) | ₹1.04 | ₹1.69 |
Assets
| Item | 2022 | 2023 |
|---|---|---|
| Fixed Assets | 12,963 | 13,601 |
| CWIP (Capital Work in Progress) | 0 | 1,701 |
| Investments | 10 | 5,204 |
| Trade Receivables | 3,740 | 570 |
| Inventory | 0 | 0 |
| Other Assets | 22,318 | 27,965 |
| Total Assets | 39,031 | 49,041 |
Liabilities
| Item | 2022 | 2023 |
|---|---|---|
| Share Capital | 308 | 308 |
| FV (Face Value) | 0.1 | 0.1 |
| Reserves | 24,515 | 29,792 |
| Borrowings | 6,500 | 6,500 |
| Trade Payables | 2,822 | 3,637 |
| Other Liabilities | 4,886 | 8,804 |
| Total Liabilities | 39,031 | 49,041 |
Cash Flow Statement
| Item | 2022 | 2023 |
|---|---|---|
| PBT (Profit Before Tax) | 4,133 | 7,053 |
| OPBWC (Operating Profit Before Working Capital Changes) | 5,273 | 6,512 |
| Change in Receivables | -6,879 | 3,170 |
| Change in Inventories | 0 | 0 |
| Change in Payables | 4,315 | 802 |
| Other Changes | 0 | 5,160 |
| Working Capital Change | -2,564 | 9,132 |
| Cash Generated From Operations | 2,709 | 15,644 |
| Tax | -1,102 | -1,864 |
| Cash Flow From Operations | 1,607 | 13,780 |
| Purchase of PPE | -483 | -2,209 |
| Sale of PPE | 0 | 0 |
| Cash Flow From Investment | 316 | -24,413 |
| Borrowing | 0 | 50 |
| Dividend | 0 | 0 |
| Equity | 0 | 0 |
| Others From Financing | -567 | -1,005 |
| Cash Flow from Financing | -567 | -955 |
| Net Cash Generated | 1,356 | -11,588 |
| Cash at the Start | 12,179 | 13,534 |
| Cash at the End | 13,535 | 1,946 |
Share Holding Pattern
| Shareholder | 2022 | 2023 |
|---|---|---|
| India Cements Shareholders Trust | 30.03% | N/A |
| Sri Saradha Logistics Private Limited | 6.89% | 6.89% |
| Life Insurance Corporation Of India | 6.04% | 6.04% |
| Other | 57.04% | 57.36% |
| EWS Finance And Investments | N/A | 21.47% |
| Mrs. Rupa Gurunath, Trustee | N/A | 6.48% |
| Trustees | N/A | 1.76% |
| Others | N/A | 57.36% |
Frequently Asked Questions (FAQ)
Find answers to common questions, providing clarity and insights to address any queries on your mind.
Contact Us: Reach out to Unlistify to confirm availability and agree on a price.
Provide KYC: Submit your Client Master Report, PAN card, and a cancelled cheque.
Make Payment: Transfer funds to our designated bank account (RTGS/NEFT/IMPS/cheque). Ensure the payment originates from the same account where you want the shares credited.
Receive Shares: We’ll transfer the CSK shares to your Demat account within 24 hours of payment confirmation.
Get a Quote: Unlistify will provide a buyback price for your CSK shares.
Share Details: Submit your Client Master Report.
Transfer Shares: Transfer the CSK shares to our Demat account using a DIS (Delivery Instruction Slip).
Receive Payment: We’ll transfer funds to your bank account within 24 hours of receiving the shares (RTGS/NEFT/IMPS/cheque). For security reasons, payment will only be made to the account linked to your Demat
DIS (Delivery Instruction Slip): A DIS is a form used to authorize the transfer of shares from your Demat account.
Methods:
Offline DIS: Fill out a physical DIS form with details like the ISIN number, quantity, price of your CSK shares, and our account information. Submit this to your broker.
Online DIS: Some brokers offer online DIS systems for easier transfers.
Unlistify aims to make unlisted share investing accessible. The current minimum investment for CSK Unlisted Shares is approximately 35,000 – 50,000 INR.
Limited Liquidity: Unlisted shares are not traded on public exchanges, making it potentially harder to find buyers when you want to sell.
Price Volatility: Prices can fluctuate more than listed shares due to less publicly available information.
Regulatory Changes: Regulations for unlisted shares can change, affecting their value and trading.
Company-Specific Risks: Each company has its own risks related to its industry, financials, and management.
No Guarantee of Listing: There’s no assurance that unlisted shares will ever be listed on a public exchange.
Market Leader: Unlistify is one of India’s fastest-growing unlisted share platforms.
Transparency: We provide clear information about each unlisted share, including potential risks.
Security: We prioritize the protection of your financial information.
Customer Support: Our team is dedicated to guiding you through the investment process.
Latest Funding: We consider the valuation from CSK most recent funding round.
Comparable Companies: If there’s no recent funding, we analyze similar listed companies to estimate a fair value.
SEBI’s Influence: SEBI regulations do apply to some aspects of unlisted share trading, such as lock-in periods and transaction charges. However, there are no specific SEBI regulations for becoming an unlisted broker.
We aim for same-day transfer of CSK Unlisted Shares to your Demat account after your payment is confirmed.
Tax Transition: Once your unlisted CSK shares are listed and sold on an exchange, standard listed share tax rules apply.
Holding Period: Your holding period (for determining long-term vs. short-term capital gains tax) starts from the original unlisted purchase date.
