Dolat Capital: Container Corporation Of India Annual Report Analysis FY20
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Dolat Capital Report
The Annual report talks about the strategies and opportunities foreseen in medium to long term, future capex and expansion of geographical reach to neighboring countries.
It is also eyeing new segments like warehousing, e-commerce, third-party logisitcs/ fourth party logistics, distribution logistics, coastal shipping.
Commencement of dedicated freight corridor (DFC) will bring cost advantage, improved turnaround time along with rise in volumes and utilization through more double stack trains.
However, the last one year has been tough with service export from India scheme income provisioning, shocker on land license fees, and a 20% volume de-growth in FY21 in the wake of Covid-19 situation.
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