North Eastern Carrying Corporation Ltd
Incorporated in 1984, North Eastern Carrying Corporation Ltd is in the
business of Transportation[1]
- Market Cap ₹ 200 Cr.
- Current Price ₹ 20.0
- High / Low ₹ 39.4 / 18.1
- Stock P/E 45.1
- Book Value ₹ 8.52
- Dividend Yield 0.00 %
- ROCE 11.2 %
- ROE 7.32 %
- Face Value ₹ 10.0
Pros
Cons
- 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: | -10% |
| 5 Years: | 17% |
| 3 Years: | -8% |
| 1 Year: | -44% |
| 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
-
Disclosure Of Events Or Information Under Regulation 30 Of SEBI (LODR) Regulations, 2015
1d - NSE fined North Eastern Carrying Rs.540,000+GST on Dec 2, 2025 for Schedule XIX listing non-compliance.
-
Disclosure Of Events Or Information Under Regulation 30 Of SEBI (LODR) Regulations, 2015
27 Nov - BSE levied Rs.5,40,000+GST fine on NECC for SEBI circular non-compliance; notice dated Nov 26, 2025.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Nov - Copies of the newspapers publication of Un-audited Financial Results of the Company for the quarter and half year ended September 30, 2025 in Newspapers viz. …
- Financial Results For The Quarter And Half Year Ended September 30, 2025 14 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting
14 Nov - Board approved unaudited results for quarter and half-year ended Sept 30, 2025; limited review and auditor observations.
Annual reports
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Financial Year 2025
from bse
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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
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
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