North Eastern Carrying Corporation Ltd
Incorporated in 1984, North Eastern Carrying Corporation Ltd is in the
business of Transportation[1]
- Market Cap ₹ 206 Cr.
- Current Price ₹ 21.5
- High / Low ₹ 39.5 / 18.1
- Stock P/E 46.4
- Book Value ₹ 8.52
- Dividend Yield 0.00 %
- ROCE 11.2 %
- ROE 7.32 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.52 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 7.57% 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
Services Services Transport Services Logistics Solution Provider
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | TTM | |
---|---|---|---|---|---|
572 | 531 | 538 | 548 | 503 | |
550 | 511 | 518 | 528 | 486 | |
Operating Profit | 21 | 20 | 21 | 20 | 17 |
OPM % | 4% | 4% | 4% | 4% | 3% |
0 | 1 | 1 | 1 | 1 | |
Interest | 9 | 9 | 10 | 9 | 8 |
Depreciation | 4 | 3 | 3 | 3 | 3 |
Profit before tax | 9 | 9 | 9 | 9 | 7 |
Tax % | 32% | 35% | 37% | 38% | |
6 | 6 | 6 | 6 | 4 | |
EPS in Rs | 0.66 | 0.58 | 0.59 | 0.59 | 0.47 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -1% |
TTM: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -3% |
TTM: | -21% |
Stock Price CAGR | |
---|---|
10 Years: | -11% |
5 Years: | 20% |
3 Years: | -8% |
1 Year: | -40% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 8% |
Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Sep 2017 | |
---|---|---|---|---|---|
Equity Capital | 50 | 50 | 50 | 50 | 50 |
Reserves | 12 | 17 | 23 | 28 | 31 |
73 | 74 | 78 | 83 | 65 | |
18 | 22 | 16 | 15 | 13 | |
Total Liabilities | 153 | 163 | 167 | 177 | 160 |
15 | 15 | 18 | 18 | 18 | |
CWIP | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 |
138 | 148 | 149 | 158 | 142 | |
Total Assets | 153 | 163 | 167 | 177 | 160 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|
-6 | 1 | 2 | -2 | |
-3 | -2 | -7 | -3 | |
7 | 2 | 4 | 5 | |
Net Cash Flow | -2 | 0 | -0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|
Debtor Days | 73 | 78 | 81 | 84 |
Inventory Days | ||||
Days Payable | ||||
Cash Conversion Cycle | 73 | 78 | 81 | 84 |
Working Capital Days | 26 | 33 | 35 | 39 |
ROCE % | 12% | 13% | 11% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Aug - Copies of the newspapers publication of un-audited Financial Results of the Company for the quarter ended June 30, 2025 in News papers viz. Financial Express …
-
Announcement under Regulation 30 (LODR)-Change in Management
7 Aug - Board recommends M/s A. K. Friends & Co. as secretarial auditor for FY25-26 to FY29-30, subject to shareholder approval.
- Un-Audited Financial Results For The Quarter Ended June 30, 2025 7 Aug
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Thursday, August 07, 2025
7 Aug - Q1 FY25-26 unaudited results approved; secretarial auditor appointed; AGM set for Sept 26, 2025.
-
Disclosure Of Events Or Information Under Regulation 30 Of SEBI (LODR) Regulations, 2015
4 Aug - 5-year EV transport contract awarded by Tata Steel to North Eastern Carrying Corporation.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
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Financial Year 2010
from bse
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