North Eastern Carrying Corporation Ltd
Incorporated in 1984, North Eastern Carrying Corporation Ltd is in the
business of Transportation[1]
- Market Cap ₹ 218 Cr.
- Current Price ₹ 22.7
- High / Low ₹ 44.4 / 18.1
- Stock P/E 19.2
- Book Value ₹ 22.4
- Dividend Yield 0.00 %
- ROCE 7.08 %
- ROE 4.88 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.01 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -0.45% over past five years.
- Company has a low return on equity of 4.88% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Logistics Industry: Miscellaneous
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
541 | 572 | 531 | 538 | 548 | 384 | 343 | 376 | 231 | 250 | 306 | 335 | 332 | |
522 | 550 | 511 | 518 | 528 | 369 | 328 | 358 | 222 | 235 | 286 | 314 | 308 | |
Operating Profit | 19 | 21 | 20 | 21 | 20 | 16 | 15 | 18 | 9 | 15 | 20 | 21 | 24 |
OPM % | 3% | 4% | 4% | 4% | 4% | 4% | 4% | 5% | 4% | 6% | 6% | 6% | 7% |
0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 0 | 0 | 2 | 2 | |
Interest | 7 | 9 | 9 | 10 | 9 | 7 | 6 | 7 | 7 | 6 | 8 | 9 | 8 |
Depreciation | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 |
Profit before tax | 8 | 9 | 9 | 9 | 9 | 6 | 7 | 9 | 1 | 6 | 9 | 10 | 15 |
Tax % | 36% | 32% | 35% | 37% | 38% | 35% | 36% | 27% | -21% | 25% | 39% | 21% | |
5 | 6 | 6 | 6 | 6 | 4 | 5 | 6 | 1 | 4 | 6 | 8 | 11 | |
EPS in Rs | 0.55 | 0.66 | 0.58 | 0.59 | 0.59 | 0.41 | 0.47 | 0.67 | 0.15 | 0.45 | 0.60 | 0.84 | 1.18 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -5% |
5 Years: | 0% |
3 Years: | 13% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 2% |
5 Years: | 11% |
3 Years: | 73% |
TTM: | 81% |
Stock Price CAGR | |
---|---|
10 Years: | -11% |
5 Years: | 34% |
3 Years: | -7% |
1 Year: | -13% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 95 | 100 |
Reserves | 5 | 12 | 17 | 23 | 28 | 32 | 37 | 43 | 45 | 49 | 55 | 99 | 115 |
65 | 73 | 74 | 78 | 83 | 54 | 72 | 76 | 86 | 101 | 119 | 103 | 95 | |
15 | 18 | 22 | 16 | 15 | 18 | 23 | 30 | 16 | 18 | 20 | 20 | 20 | |
Total Liabilities | 136 | 153 | 163 | 167 | 177 | 154 | 182 | 199 | 196 | 218 | 243 | 317 | 330 |
15 | 15 | 15 | 18 | 18 | 19 | 20 | 17 | 14 | 13 | 14 | 13 | 9 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 |
121 | 138 | 148 | 149 | 158 | 135 | 162 | 183 | 183 | 205 | 230 | 299 | 316 | |
Total Assets | 136 | 153 | 163 | 167 | 177 | 154 | 182 | 199 | 196 | 218 | 243 | 317 | 330 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-15 | 1 | 2 | -2 | 34 | -13 | -4 | -11 | -10 | -14 | -46 | ||
-2 | -2 | -7 | -3 | -3 | -4 | -0 | 0 | -2 | -3 | -6 | ||
17 | 2 | 4 | 5 | -30 | 19 | 4 | 10 | 15 | 18 | 65 | ||
Net Cash Flow | 0 | 0 | -0 | 0 | 1 | 1 | -0 | 0 | 2 | 0 | 13 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 67 | 73 | 78 | 81 | 84 | 93 | 117 | 112 | 165 | 154 | 138 | 131 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 67 | 73 | 78 | 81 | 84 | 93 | 117 | 112 | 165 | 154 | 138 | 131 |
Working Capital Days | 66 | 72 | 81 | 85 | 90 | 103 | 136 | 139 | 250 | 259 | 240 | 279 |
ROCE % | 14% | 14% | 12% | 13% | 11% | 9% | 8% | 10% | 5% | 6% | 8% | 7% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Depositories and Participants) Regulations, 2018, we are enclosed herewith the confirmation certificate received from Registrar and Share Transfer Agent viz. MAS Servies Limited having permanent …
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Disclosure Of Events Or Information Under Regulation 30 Of SEBI (LODR) Regulations, 2015
27 Mar - Awarded 5-year EV logistics contract from Tata Steel.
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Closure of Trading Window
26 Mar - Closure of trading window for insiders.
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Integrated Filing (Financial)
4 Mar - Integrated filing of financial results for Q3 2024.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
3 Feb - Copies of Newspaper publication of the Un audited results for the quarter ended 31.12.2024 & fourth reminder cum final forfeiture notice pursuant to Right Issue.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
NECCL is in freight forwarding, logistics and goods transport agency business with 250+ branches in India. It provides freight management and customized logistics solutions backed by an automated ERP based software.
Company books small parcels, full truck load consignments, project consignments and ODC.
It also provides containerized movement of cargo, packing and moving, warehousing, 3PL and storage facilities