North Eastern Carrying Corporation Ltd

North Eastn.Car. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

North Eastern Carrying Corporation Ltd

₹ 25.0 -2.98%
13 Jun - close price
neccgroup.com BSE: 534615 NSE: NECCLTD
About

Incorporated in 1984, North Eastern Carrying Corporation Ltd is in the
business of Transportation[1]

Key Points

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

Website BSE NSE
  • Market Cap ₹ 240 Cr.
  • Current Price ₹ 25.0
  • High / Low ₹ 44.4 / 18.1
  • Stock P/E 54.1
  • Book Value ₹ 8.52
  • Dividend Yield 0.00 %
  • ROCE 11.2 %
  • ROE 7.32 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 2.94 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2014 Dec 2014 Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017
118.22 130.64 139.47 130.47 128.18 134.25 145.46 136.74 124.24 144.73 142.29 140.31 76.04
113.72 126.85 134.58 125.87 123.21 130.08 139.93 132.34 119.63 140.45 136.52 135.09 74.06
Operating Profit 4.50 3.79 4.89 4.60 4.97 4.17 5.53 4.40 4.61 4.28 5.77 5.22 1.98
OPM % 3.81% 2.90% 3.51% 3.53% 3.88% 3.11% 3.80% 3.22% 3.71% 2.96% 4.06% 3.72% 2.60%
0.64 0.21 0.25 0.06 0.25 -0.09 1.17 0.23 0.12 0.61 -0.26 0.00 0.40
Interest 2.16 2.45 1.70 1.87 1.92 2.61 2.24 2.05 1.61 2.54 1.85 2.56 0.86
Depreciation 1.03 1.25 0.06 0.83 0.88 0.53 0.82 0.61 0.62 0.70 0.78 0.66 0.75
Profit before tax 1.95 0.30 3.38 1.96 2.42 0.94 3.64 1.97 2.50 1.65 2.88 2.00 0.77
Tax % 31.79% -13.33% 43.49% 30.61% 31.40% 31.91% 45.60% 34.52% 32.00% 32.73% 48.26% 34.00% 33.77%
1.33 0.34 1.91 1.35 1.65 0.64 1.99 1.29 1.70 1.11 1.50 1.32 0.51
EPS in Rs 0.14 0.04 0.20 0.14 0.17 0.07 0.21 0.14 0.18 0.12 0.16 0.14 0.05
Raw PDF

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: 35%
3 Years: 1%
1 Year: -7%
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 72 81 85 90
ROCE % 12% 13% 11%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
52.67% 52.68% 52.68% 52.68% 52.68% 52.68% 52.68% 52.68% 52.30% 54.19% 54.19% 54.19%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.15% 0.12% 0.01% 0.04% 0.00%
47.33% 47.32% 47.32% 47.33% 47.33% 47.32% 47.29% 47.17% 47.58% 45.79% 45.77% 45.81%
No. of Shareholders 17,89117,79217,49317,59517,67018,70731,25433,08236,11346,23848,70047,794

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Right Issue

Credit ratings

Concalls

  • Jan 2022
    Transcript
    Notes
    PPT
  • Apr 2017
    Transcript
    Notes
    PPT