North Eastern Carrying Corporation Ltd
North Eastern Carrying Corporation Ltd provides freight transportation services to bulk and retail customers, largely in the Full Truckload (FTL) segment, and other services such as warehousing and packing.[1]
- Market Cap ₹ 199 Cr.
- Current Price ₹ 20.9
- High / Low ₹ 28.5 / 13.1
- Stock P/E 34.6
- Book Value ₹ 11.0
- Dividend Yield 0.00 %
- ROCE 8.18 %
- ROE 5.66 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -4.46% over past five years.
- Company has a low return on equity of 3.83% over last 3 years.
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -3.99%
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
477 | 541 | 572 | 531 | 538 | 548 | 384 | 343 | 376 | 231 | 250 | 306 | |
460 | 522 | 550 | 511 | 518 | 528 | 369 | 328 | 358 | 222 | 235 | 286 | |
Operating Profit | 17 | 19 | 21 | 20 | 21 | 20 | 16 | 15 | 18 | 9 | 15 | 20 |
OPM % | 4% | 3% | 4% | 4% | 4% | 4% | 4% | 4% | 5% | 4% | 6% | 6% |
0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 0 | 0 | |
Interest | 6 | 7 | 9 | 9 | 10 | 9 | 7 | 6 | 7 | 7 | 6 | 8 |
Depreciation | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 |
Profit before tax | 8 | 8 | 9 | 9 | 9 | 9 | 6 | 7 | 9 | 1 | 6 | 9 |
Tax % | 34% | 36% | 32% | 35% | 37% | 38% | 35% | 36% | 27% | -21% | 25% | 39% |
Net Profit | 5 | 5 | 6 | 6 | 6 | 6 | 4 | 5 | 6 | 1 | 4 | 6 |
EPS in Rs | 0.55 | 0.55 | 0.66 | 0.58 | 0.59 | 0.59 | 0.41 | 0.47 | 0.67 | 0.15 | 0.45 | 0.60 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | -6% |
5 Years: | -4% |
3 Years: | -7% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | 1% |
5 Years: | 10% |
3 Years: | -6% |
TTM: | 44% |
Stock Price CAGR | |
---|---|
10 Years: | -10% |
5 Years: | 8% |
3 Years: | 57% |
1 Year: | -21% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 5% |
3 Years: | 4% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
13 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | |
Reserves | 38 | 5 | 12 | 17 | 23 | 28 | 32 | 37 | 43 | 45 | 49 | 55 |
48 | 65 | 73 | 74 | 78 | 83 | 54 | 72 | 76 | 86 | 101 | 119 | |
14 | 15 | 18 | 22 | 16 | 15 | 18 | 23 | 30 | 16 | 18 | 20 | |
Total Liabilities | 112 | 136 | 153 | 163 | 167 | 177 | 154 | 182 | 199 | 196 | 218 | 243 |
17 | 15 | 15 | 15 | 18 | 18 | 19 | 20 | 17 | 14 | 13 | 14 | |
CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Investments | -0 | -0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 |
95 | 121 | 138 | 148 | 149 | 158 | 135 | 162 | 183 | 183 | 205 | 230 | |
Total Assets | 112 | 136 | 153 | 163 | 167 | 177 | 154 | 182 | 199 | 196 | 218 | 243 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-2 | -15 | 1 | 2 | -2 | 34 | -13 | -4 | -11 | -10 | |||
-0 | -2 | -2 | -7 | -3 | -3 | -4 | -0 | 0 | -2 | |||
1 | 17 | 2 | 4 | 5 | -30 | 19 | 4 | 10 | 15 | |||
Net Cash Flow | -1 | 0 | 0 | -0 | 0 | 1 | 1 | -0 | 0 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 58 | 67 | 73 | 78 | 81 | 84 | 93 | 117 | 112 | 165 | 154 | 138 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 58 | 67 | 73 | 78 | 81 | 84 | 93 | 117 | 112 | 165 | 154 | 138 |
Working Capital Days | 56 | 66 | 72 | 81 | 85 | 90 | 103 | 136 | 139 | 250 | 259 | 240 |
ROCE % | 15% | 14% | 14% | 12% | 13% | 11% | 9% | 8% | 10% | 5% | 6% | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - B) of SEBI (LODR) Regulations, 2015, please find enclosed copies of the newspaper publication of the Audited Financial Results of the Company for the year …
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Board Meeting Outcome for Revised Outcome
2d - With reference to your mail dated June 01, 2023 regarding Additional Details Required for Corporate Announcement filed under Regulation 30 of SEBI (LODR) Regulations, 2015, …
- Results-Financial Results For March 31 2023 30 May
- Board Meeting Outcome for OUTCOME OF BOARD MEETING 30 May
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Read with SEBI Circular No. CIR/CFD/CMD1/27/2019 dated February 08, 2019, please find enclosed copy of the Annual Secretarial Compliance Report of the Company for the …
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
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Financial Year 2015
from bse
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
Services Offered
The services provided by the Co. include Partial Truckload (PTL), Full Truckload (FTL), Over Dimensional consignment (ODC), bulk movements, warehousing and 3PL. [1]