Chennai Super Kings Limited is an Indian franchise cricket team located in Chennai. The cricket team is known as the Chennai Super Kings. The Chennai Super Kings participate in the Indian Premier League (IPL). The team started playing in the first IPL season in 2008. M.A. Chidambaram Stadium in Chennai is the home stadium of the Chennai Super Kings.
Chennai Super Kings was banned for two years from the IPL, from 2015 to 2017, due to the alleged participation of their owners in the IPL 2013 betting case. The team returned to play in 2018 and won the championship that year. In total, the Chennai Super Kings have won three IPL seasons: 2010, 2011, 2018 and 2021.
The team holds the record for most occurrences in the IPL playoffs. Moreover, the team has played in eight finals of the IPL. Other than the IPL, they have won the Champions League Twenty20 twice, in 2010 and 2014.
Mahendra Singh Dhoni has been the captain of the Chennai Super Kings since their first match.
In September 2014, India Cements approved the demerger of Chennai Super Kings (a cricket team) into a wholly-owned subsidiary by transferring its net assets at cost. Chennai Super Kings Cricket Limited now owns the team (Chennai Super Kings).
The Chennai Super Kings' unlisted share price increased as a result of the revelation that there would be two additional teams competing in the 2022 IPL season.
CSK Outstanding Shares: |
379,425,004 |
Face Value of CSK Unlisted Share: |
Rs. 0.1 Per Equity Share |
ISIN of CSK Unlisted Share: |
INE852S01026 |
Lot Size of CSK Unlisted Share: |
1000 Shares |
CSK Share Price: |
Best in Industry |
PAN Number of CSK: |
AAFCC8730K |
CIN of CSK |
U74900TN2014PLC098517 |
Registration Date CSK |
19 December 2014 |
Category / Sub-Category of CSK |
Company Limited by Shares/ Non- govt Company |
CSK Registered Office Address |
‘Dhun Building’, 827, Anna Salai, Chennai – 600002; |
CSK Registrar and Transfer Agent Contact Details |
Integrated Registry Management Services private limited, 2nd Floor, “Kences Towers”, No.1, Ramakrishna Street, North Usman Road, T. Nagar, Chennai – 600017 Phone: 044-28140801 to 28140803 |
|
Name and Description of main products/services |
NIC Code of the product/service |
% to the total turnover of the Company |
|
Sports Activities and Amusement and Recreation Activities |
931 |
100% |
Sri R. Srinivasan, Chairman
Sri K.S. Viswanathan, Wholetime Director & CEO
Sri L. Sabaretnam (Till 24.04.2021)
Sri Rakesh Singh
Sri PL. Subramanian
Sri B. Kalyanasundaram
Sri K. Ramgopal
Smt. E. Jayashree
|
S. No. |
Name of the Company |
Holding/ Subsidiary/ Associate |
% of Shares held |
|
1. |
Superking Ventures Private Limited |
Subsidiary |
100% |
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1. |
Promoter Group |
- |
- |
|
2. |
Public Shareholding |
30,81,53,074 |
100% |
|
|
Total |
30,81,53,074 |
100.00% |
Despite the rise in COVID-19 cases, the Board of Control for Cricket in India (BCCI) is organizing the Indian Premier League (IPL). IPL has proved to be a mega-profitable business from the time it started in 2008. In 2020, the brand value of IPL went down for the first time in 6 years. It fell by 3.6% from Rs. 47,500 crores in 2019 to Rs. 45,800 crores in 2020.
In 2020, IPL was relocated to the United Arab Emirates (UAE) because the Indian Government had paused all sporting activities due to the COVID-19 pandemic. In 2020, IPL witnessed lower sponsorship revenues as compared to previous years. This was because VIVO pulled out the title sponsorship at the last moment. Then Dream 11 became the Title sponsor but paid only Rs. 222 Crores, as against Vivo’s canceled contract of Rs. 440 Crores. Chennai Super Kings suffered the worst drop in brand value. It devalued by 16.5% from Rs. 732 crores in 2019 to Rs. 611 Crores in 2020.
However, IPL 2020 was very beneficial for IPL broadcasters. Television ratings increased significantly and advertisers too jumped into this opportunity.
In the 2021 IPL, Vivo is back as the title sponsor and BCCI is expecting to earn around Rs. 4,000 Crores from this 2021 IPL season. 2021 has seen an uprising trend in sponsorship revenues. Star India is paying Rs. 3,269.5 crores to BCCI for broadcasting rights. VIVO is paying Rs. 440 Crores. Apart from this, BCCI is getting Rs. 220 Crore from 5 official sponsors (Upstox, Dream 11, Unacademy, Tata Motors, and Cred) and Rs. 60 crores from the umpire and strategic time-out sponsorships.
Subsequently, there is an expected increase of 10-15% in revenues this year. Moreover, an increase in the number of teams in 2022 and the renewal of media rights in 2023 could enhance the IPL value in the future.
BCCI shares 50% of the revenues with the Team franchises as part of the central pool. And, franchises give 20% of their total revenue back to BCCI at the end of the season.
|
Particulars |
2022 |
2021 |
2020 |
|
Revenue from Operations |
34,105.11 |
24,783.40 |
35,027.08 |
|
Other Income |
809.15 |
586.46 |
626.53 |
|
Total Revenue |
34,914.26 |
25,369.86 |
35,653.61 |
|
EBITDA |
5122.87 |
6650.10 |
7432.79 |
|
EBITDA Margin |
15.02% |
26.83% |
21.22% |
|
Finance cost |
567.65 |
526.34 |
537.45 |
|
Depreciation and Amortisation Expenses |
240.35 |
333.73 |
163.81 |
|
Other Expenses |
1,495.06 |
400.53 |
2,263.50 |
|
Total Expenses |
30,781.07 |
19,450.01 |
28,928.49 |
|
Profit /(Loss) before exceptional and extraordinary tax items |
4,133.19 |
5,919.85 |
6,725.12 |
|
Less: Exceptional Item |
- |
- |
- |
|
Profit/(Loss) before tax |
4,133.19 |
5,919.85 |
6,725.12 |
|
Total Tax |
920.7 |
1893.63 |
1691.37 |
|
Profit/(Loss) After-tax |
3,212.49 |
4,026.22 |
5,033.75 |
|
PAT Margin |
9.41% |
16.24% |
14.37% |
|
Number Of Shares |
30,81,53,074 |
30,81,53,074 |
30,81,53,074 |
|
Earnings Per Equity Share (EPS) |
|
|
|
|
Basic |
1.04 |
1.31 |
1.63 |
|
Diluted |
0.95 |
1.16 |
1.43 |
|
Particulars |
As at 31st March 2022 |
As at 31st March 2021 |
As at 31st March 2020 |
|
EQUITY AND LIABILITIES |
|||
|
1. Shareholders' Funds : |
|||
|
a. Share Capital |
308.15 |
308.15 |
308.15 |
|
b. Reserves and Surplus |
24,515.87 |
21,303.38 |
17,277.16 |
|
Total Shareholders’ equity |
24,824.02 |
21,611.53 |
17,585.31 |
|
2. Non-Current Liabilities : |
|||
|
a. Long-term borrowings |
- |
6,500.00 |
6,500.00 |
|
b. Deferred tax liabilities |
- |
117.57 |
0 |
|
c. Long-Term Provisions |
36.84 |
29.49 |
15.18 |
|
Total Non-Current Liabilities |
36.84 |
6,647.06 |
6,515.18 |
|
3. Current Liabilities : |
|||
|
Short term borrowings |
6500 |
- |
- |
|
a. Trade Payables |
|||
|
(i) Total outstanding dues of micro-enterprises and small enterprises: |
- |
9.47 |
0 |
|
(ii) Total outstanding dues of creditors other than micro-enterprises and small enterprises: |
2,822.78 |
1,345.17 |
1,176.18 |
|
b. Other Current Liabilities |
4,846.88 |
1,956.99 |
1,277.12 |
|
c. Short-Term Provisions |
2.34 |
51.89 |
6.09 |
|
Total Current Liabilities |
14,172.00 |
3363.52 |
2459.39 |
|
Total Equities and Liabilities |
39,032.86 |
31,622.11 |
26,559.88 |
|
ASSETS |
|||
|
1. Non-Current Assets : |
|||
|
a. Property, Plant, and Equipment |
|||
|
(i) Tangible Assets |
12,963.34 |
14,128.19 |
14,146.04 |
|
(ii) Intangible Assets |
616.31 |
349.33 |
178.92 |
|
b. Deferred Tax Asset (Net) |
64.12 |
- |
12.25 |
|
c. Long-Term Loans and Advances |
|||
|
(i) Capital Advances |
1,144.78 |
604.53 |
0 |
|
(ii) Other Loans and Advances |
3,506.85 |
1,612.51 |
2,087.75 |
|
Total Non-current assets |
18,305.4 |
16,694.56 |
16,424.96 |
|
2. Current Assets : |
|||
|
a. Trade Receivables |
3,740.58 |
2,191.88 |
358.08 |
|
b. Cash and Cash Equivalents |
13,534.90 |
12,179.51 |
8,917.25 |
|
c. Short-term loans and advances |
889.10 |
537.3 |
859.59 |
|
d. Other Current Assets |
2,562.88 |
18.86 |
0 |
|
Total Current assets |
20,727.46 |
14,927.55 |
10,134.92 |
|
Total Assets |
39,032.86 |
31,622.11 |
26,559.88 |
Revenue of Chennai Super Kings Cricket Limited Rise by 37.61% from Rs. 24,783.40 lakhs in FY 2021 to Rs. 34,105.11 lakhs in FY 2022.
EBITDA has seen a decline of 22.96% in FY 2022 and reached Rs. 5122.87 lakhs from Rs. 6650.10 lakhs in FY 2021.
Profit after Tax of the company decreased by 20.21% % in FY 2022 to Rs. 3,212.49 lakhs from Rs. 4,026.22 lakhs in FY 2021. PAT margins decreased from 16.24% in FY 2021 to 9.41% in FY 2022.
The current ratio of the company as of 31st March 2022 was 1.46. This states that the company does not have any liquidity issues and can pay the liabilities easily in case of emergencies also.
The company has not paid any dividends for the past 3 years.
Finance cost of the company increased by 7.84% from Rs. 526.34 lakhs to Rs. 567.65 lakhs.
The book value of the company as of 31st March 2022 was Rs. 8.05.
A1.No, Chennai Super Kings Cricket Limited is an unlisted private company.
A2. The share price of CSK is very volatile, & keeps changing to know the latest share price of CSK keep in touch with our team.
A3. The full name of CSK is Chennai Super Kings Cricket Limited.
A4.One can online buy shares in CSK, through our website, or investors can call us and confirm the deal, with our Relationship Manager at 966999944, 7999252591, 0731-4025544.
