Orissa Bengal Carrier Ltd
Incorporated in 1994, Odisha-Bengal Carrier Ltd is engaged in Transportation & Logistics business[1]
- Market Cap ₹ 116 Cr.
- Current Price ₹ 55.0
- High / Low ₹ 65.6 / 46.2
- Stock P/E 107
- Book Value ₹ 43.0
- Dividend Yield 0.00 %
- ROCE 4.42 %
- ROE 1.20 %
- 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.
- The company has delivered a poor sales growth of -4.75% over past five years.
- Company has a low return on equity of 2.70% 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
135 | 206 | 220 | 213 | 384 | 488 | 389 | 339 | 303 | 367 | 333 | 305 | |
130 | 201 | 215 | 202 | 369 | 467 | 370 | 326 | 292 | 359 | 326 | 295 | |
Operating Profit | 6 | 5 | 6 | 11 | 15 | 21 | 19 | 13 | 12 | 8 | 7 | 10 |
OPM % | 4% | 3% | 3% | 5% | 4% | 4% | 5% | 4% | 4% | 2% | 2% | 3% |
0 | 1 | 2 | 1 | 2 | 2 | 1 | 1 | 3 | 1 | 2 | 1 | |
Interest | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 2 | 1 | 1 | 3 |
Depreciation | 4 | 3 | 2 | 3 | 5 | 5 | 5 | 4 | 3 | 3 | 3 | 5 |
Profit before tax | 0 | 1 | 3 | 6 | 10 | 15 | 12 | 8 | 11 | 5 | 5 | 2 |
Tax % | 33% | 31% | 38% | 33% | 34% | 29% | 25% | 26% | 26% | 27% | 32% | 47% |
0 | 1 | 2 | 4 | 6 | 11 | 9 | 6 | 8 | 4 | 4 | 1 | |
EPS in Rs | 1.29 | 5.34 | 10.56 | 22.79 | 4.11 | 5.05 | 4.41 | 2.75 | 3.71 | 1.74 | 1.75 | 0.51 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 10% | 11% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | -5% |
3 Years: | 0% |
TTM: | -8% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | -35% |
3 Years: | -46% |
TTM: | -64% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | -23% |
1 Year: | -5% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 5% |
3 Years: | 3% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 2 | 16 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
Reserves | 18 | 21 | 22 | 27 | 19 | 40 | 48 | 53 | 61 | 65 | 68 | 69 |
17 | 19 | 24 | 28 | 33 | 28 | 28 | 28 | 9 | 2 | 14 | 52 | |
12 | 20 | 20 | 20 | 39 | 27 | 16 | 20 | 11 | 11 | 11 | 12 | |
Total Liabilities | 48 | 61 | 68 | 76 | 107 | 116 | 113 | 122 | 102 | 98 | 114 | 154 |
9 | 7 | 10 | 13 | 15 | 16 | 14 | 10 | 6 | 8 | 17 | 29 | |
CWIP | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 2 | 2 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 6 | 13 |
39 | 54 | 57 | 62 | 91 | 100 | 99 | 112 | 96 | 88 | 89 | 110 | |
Total Assets | 48 | 61 | 68 | 76 | 107 | 116 | 113 | 122 | 102 | 98 | 114 | 154 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 7 | 6 | 6 | 5 | -2 | 6 | 4 | 27 | 4 | 8 | 2 | |
-5 | -1 | -6 | -6 | -6 | -5 | -3 | 1 | 3 | -5 | -19 | -38 | |
3 | -5 | 2 | -1 | 1 | 7 | -4 | -3 | -21 | -9 | 10 | 35 | |
Net Cash Flow | 0 | 0 | 1 | -1 | -0 | 0 | -0 | 1 | 9 | -10 | -1 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 99 | 90 | 82 | 92 | 78 | 68 | 84 | 103 | 74 | 65 | 78 | 91 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 99 | 90 | 82 | 92 | 78 | 68 | 84 | 103 | 74 | 65 | 78 | 91 |
Working Capital Days | 68 | 56 | 53 | 59 | 41 | 47 | 69 | 88 | 77 | 64 | 77 | 86 |
ROCE % | 6% | 10% | 14% | 19% | 22% | 16% | 10% | 12% | 6% | 6% | 4% |
Documents
Announcements
-
Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011
2d - Promoter Mr. Ravi Agrawal acquired 4.434% shares from promoter group, increasing holding to 43.65%.
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
3 Jul - Promoter inter-se transfer of 935,000 shares (4.434%), increasing MD's stake to 43.65%.
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
2 Jul - Promoter group inter-se transfer of 935,000 shares (4.43%) on 30.06.2025 disclosed.
-
Announcement under Regulation 30 (LODR)-Credit Rating
1 Jul - CARE reaffirms Orissa Bengal Carrier's credit rating at BBB-; Stable for Rs.28 crore bank facilities.
- Closure of Trading Window 26 Jun
Business Overview:[1][2][3]
OBCL is in the transportation business and deals in bulk transportation up to 1 lakh ton per annum. It provides services including transportation services, third party logistics, warehousing, full truck load (FTL), Parcel and part truck load services, less than Truck load (LTL), etc. Company has a pan-India surface logistics distribution network having 40 branches spread in various parts of India.