CSK Share Price (Chennai Super Kings)| Latest Updates & Company Overview
Company Overview
CSK Share Price is updated recently. Chennai Super Kings (CSK) is the cricket franchisee team, based in Chennai, Tamil Nadu, which plays in Indian Premier League (IPL). The company was incorporated in the year 2015, as a wholly owned subsidiary of India Cements, when the company purchased the Chennai franchisee business of BCCI-IPL named Chennai Super Kings from Indian Cements. CSK Share price has always been in discussion since 2015.
The company has won four IPL titles in 2010, 2011, 2018 and 2021 and has the highest win percentage of all matches in the IPL. The current captain of the Chennai Super Kings (CSK) team is Mr. Mahendra Singh Dhoni, ex-skipper of Indian Cricket Team.
CSK Business Model
The company primarily earns its revenue from the following resources:
- Share of IPL tournament broadcasting rights (collected by BCCI and shared with teams).
- Brand sponsorships.
- Tournament related income like match fee, prize money and selling team merchandise.
CSK Share Price Valuation
With the market valuation of around ₹ 4,200 crores, the company is expected to become India’s first sports unicorn. With the news of addition of two new teams during the next IPL season in 2022, the CSK Share Price of Unlisted Shares has further increased. The investment in CSK unlisted shares is attractive from the point of view of strong and sustainable interest in cricket among the Indian audience, limited number of teams in IPL league, solid CSK brand value and strong investor support. Also, barring CSK, no other shares of any IPL team are available in the market for investors to invest into.
The major investors in the CSK Cricket Limited are India Cements Shareholders Trust with 30%, Sri Saradha Logistics Pvt Ltd (7%) and LIC owning 6% shareholding rights.
Registered Office
The company is currently unlisted and the registered office of the company is situated at Dhun Building, 827, 3rd Floor, Mount Road, Anna Salai, Chennai, Tamil Nadu.
| Symbol | Chennai Super Kings Cricket Ltd. |
|---|---|
| Face Value (₹): | 0.1 |
| ISIN: | INE852S01026 |
| Demat Status: | NSDL & CDSL |
| Lot Size: | 100 Shares |
Board of Directors :
Key Business Highlights Helps to Determine CSK Share Price
- Chennai Super Kings (CSK) brand is valued at Rs. 732 Crs according 2019 IPL brand valuation conducted by Duff & Phelps.
- It is ranked 2nd in brand valuation after Mumbai Indians.
- Chennai Super Kings (CSK) has few well- known and best sports players in the team such as : Ms. Dhoni (Wicket Keeper & Batsman), Dwayne Bravo, Francois Du Plessis, Shane Watson, etc.(Click– https://www.chennaisuperkings.com/CSK_WEB/module/news/html/team-page.html)
- It is going to be the 1st listed cricketing entity on BSE/NSE.
- It has turned profitable after 2017 & 2018 loss.
Ratio
| Ratio | FY23 | FY22 |
|---|---|---|
| Net Profit Margin | 4% | 11% |
| Return on Equity | 5% | 17% |
| Debt-Equity | 0.25 | 0.26 |
| Current Ratio | 1.40 | 1.46 |
| Dividend Payout | 0% | 0% |
Note:- Dividend payout = Total Dividend/Net Income.
It indicates, how much % of its Net Income, the company is paying out as dividend to its Shareholders.
Financial Highlights
| Particulars | 2022-23 | 2021-22 | 2020-21 | 2019-20 | 2018-19 | 2017-18 |
|---|---|---|---|---|---|---|
| Total Revenues (₹ crores) | 325.30 | 349.14 | 253.69 | 356.53 | 417.83 | 4.07 |
| PAT (₹ crores) | 13.79 | 32.12 | 40.26 | 50.33 | 111.20 | -0.51 |
| Diluted EPS (₹) | 0.34 | 0.95 | 1.16 | 1.43 | 3.03 | -0.02 |
| Book Value per Share (₹) | 8.49 | 8.06 | 7.01 | 5.71 | 4.07 | 0.46 |
| Equity (₹ crores) | 261.53 | 248.24 | 216.11 | 175.85 | 125.51 | 14.31 |
Financial Charts
Historical Chart
Shareholding Pattern
Peer Comparison
| Company | Market Cap (₹ Crores) | Profitability Margin (%) | ROCE (%) | ROE (%) | D/E Ratio | P/E Ratio | P/B Ratio | Book Value per Share (₹) |
|---|---|---|---|---|---|---|---|---|
| Chennai Super Kings | 5393 | 4.24% | 12.18% | 5.27% | 0.25 | 416.67 | 20.62 | 8.49 |
Media Updates
“New IPL teams add to CSK scoreboard, stock zooms in the unlisted market”
The entry of two new teams to the upcoming edition of the Indian Premier League (IPL NSE -1.03 %) has ignited a spark in the stock price of Chennai Super Kings (CSK) in the unlisted market.
The stock was trading at Rs 110-120 in the previous week but it has now shot up to Rs 210-220 after the announcement of the two new teams. The scrip was trading at Rs 90-100 a month ago in the informal market. The recently crowned champion of the latest edition of the IPL has been a money compounder for its shareholders. The stock price has soared more than 1,500 per cent in just three years, from the level of Rs 12-15 in November 2018.
Read more:
“14th Edition of IPL to begin on 11th April,2021”
Read More:https://www.insidesport.co/ipl-2021-dates-schedule-14th-edition-of-indian-premier-league-all-set-to-begin-on-11th-april/
“MS Dhoni-led multi-time IPL champion CSK has been a proven multi-bagger in the unlisted space”
Despite a flop show in recently-concluded Indian Premier League (IPL), Chennai Super Kings’ (CSK) unlisted shares are holding their ground in off-market trade.
Reasons for Shoot up in price of CSK by 400% from 12-15 per share to 48-50 per share:
- RK Damani held 2.39 per cent (73,69,263 shares) of the company as of March 31, 2019. His shareholding increased by 55 basis points to 2.94 per cent (90,69,263 shares) as of March 31, 2020.
- The addition of a ninth IPL franchise, which can add to the revenue of the teams.
- Off-market dealers are still bullish on the stock, and see up to 100 per cent upside from current price by the next IPL season. They swear by the fundamentals of the stocks.
- The company is said to have very sound fundamental and cheap valuation compared to its international players.
“IPL 2021- MEGA AUCTION”
In 4 months from now, the Board of Cricket Control of India (BCCI) will have to conduct the 14th edition of the IPL. The biggest decision which BCCI has to take for IPL 2021 is whether to conduct full fledged player auctions for IPL 2021 or let the teams continue with the existing squads.
Frequently Asked Questions
The buying and selling of unlisted shares, and pre-IPO shares is fully legal and valid.
In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.
The procedure to buy the Chennai Super Kings unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller. Once the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day.
The Chennai Super Kings shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.
The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size for CSK, please visit the stock page on our website: www.delistedstocks.in/current-offerings/chennai-super-kings-cricket-ltd-csk/
There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factor, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares.
Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds are released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares.
If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor. If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.
The trading in unlisted shares is governed by Securities & Contract (Regulation) Act, 1992.which comes under the preview of SEBI. The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors.
The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange.
Yes, NRI’s can also buy and sell Chennai Super Kings shares just like domestic investors. But their investment is on a non-repatriable basis.