Orissa Bengal Carrier Ltd
Incorporated in 1994, Odisha-Bengal Carrier Ltd is engaged in Transportation & Logistics business[1]
- Market Cap ₹ 120 Cr.
- Current Price ₹ 56.9
- High / Low ₹ 64.8 / 44.0
- Stock P/E
- Book Value ₹ 38.9
- Dividend Yield 0.00 %
- ROCE -2.08 %
- ROE -9.91 %
- Face Value ₹ 10.0
Pros
- Promoter holding has increased by 2.14% over last quarter.
- Company's working capital requirements have reduced from 50.0 days to 34.6 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -1.78% over past five years.
- Company has a low return on equity of -1.79% over last 3 years.
- Contingent liabilities of Rs.132 Cr.
- Earnings include an other income of Rs.2.81 Cr.
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 206 | 220 | 213 | 384 | 488 | 389 | 339 | 303 | 367 | 333 | 305 | 310 | |
| 201 | 215 | 202 | 369 | 467 | 370 | 326 | 292 | 359 | 326 | 295 | 309 | |
| Operating Profit | 5 | 6 | 11 | 15 | 21 | 19 | 13 | 12 | 8 | 7 | 10 | 1 |
| OPM % | 3% | 3% | 5% | 4% | 4% | 5% | 4% | 4% | 2% | 2% | 3% | 0% |
| 1 | 2 | 1 | 2 | 2 | 1 | 1 | 3 | 1 | 2 | 1 | 3 | |
| Interest | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 2 | 1 | 1 | 3 | 5 |
| Depreciation | 3 | 2 | 3 | 5 | 5 | 5 | 4 | 3 | 3 | 3 | 5 | 6 |
| Profit before tax | 1 | 3 | 6 | 10 | 15 | 12 | 8 | 11 | 5 | 5 | 2 | -8 |
| Tax % | 31% | 38% | 33% | 34% | 29% | 25% | 26% | 26% | 27% | 32% | 47% | 6% |
| 1 | 2 | 4 | 6 | 11 | 9 | 6 | 8 | 4 | 4 | 1 | -9 | |
| EPS in Rs | 5.34 | 10.56 | 22.79 | 4.11 | 5.05 | 4.41 | 2.75 | 3.71 | 1.74 | 1.75 | 0.51 | -4.06 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 10% | 11% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | -2% |
| 3 Years: | -5% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -1130% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 3% |
| 1 Year: | 5% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 1% |
| 3 Years: | -2% |
| Last Year: | -10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 16 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
| Reserves | 21 | 22 | 27 | 19 | 40 | 48 | 53 | 61 | 65 | 68 | 69 | 61 |
| 19 | 24 | 28 | 33 | 28 | 28 | 28 | 9 | 2 | 14 | 52 | 66 | |
| 20 | 20 | 20 | 39 | 27 | 16 | 20 | 11 | 11 | 11 | 12 | 15 | |
| Total Liabilities | 61 | 68 | 76 | 107 | 116 | 113 | 122 | 102 | 98 | 114 | 154 | 163 |
| 7 | 10 | 13 | 15 | 16 | 14 | 10 | 6 | 8 | 17 | 29 | 41 | |
| CWIP | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 6 | 13 | 14 |
| 54 | 57 | 62 | 91 | 100 | 99 | 112 | 96 | 88 | 89 | 110 | 106 | |
| Total Assets | 61 | 68 | 76 | 107 | 116 | 113 | 122 | 102 | 98 | 114 | 154 | 163 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7 | 6 | 6 | 5 | -2 | 6 | 4 | 27 | 4 | 7 | 2 | 9 | |
| -1 | -6 | -6 | -6 | -5 | -3 | 1 | 3 | -5 | -19 | -38 | -14 | |
| -5 | 2 | -1 | 1 | 7 | -4 | -3 | -21 | -9 | 10 | 35 | 9 | |
| Net Cash Flow | 0 | 1 | -1 | -0 | 0 | -0 | 1 | 9 | -10 | -2 | -0 | 4 |
| Free Cash Flow | 6 | -1 | 0 | -1 | -7 | 4 | 4 | 30 | 1 | -6 | -14 | -10 |
| CFO/OP | 129% | 110% | 74% | 52% | 11% | 51% | 46% | 271% | 73% | 125% | 33% | 1,382% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 90 | 82 | 92 | 78 | 68 | 84 | 103 | 74 | 65 | 78 | 91 | 91 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 90 | 82 | 92 | 78 | 68 | 84 | 103 | 74 | 65 | 78 | 91 | 91 |
| Working Capital Days | 56 | 38 | 46 | 30 | 39 | 56 | 64 | 67 | 63 | 69 | 46 | 35 |
| ROCE % | 10% | 14% | 19% | 22% | 16% | 10% | 12% | 6% | 6% | 4% | -2% |
Insights
In beta| Mar 2000 | Mar 2005 | Mar 2010 | Mar 2015 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fleet Size - Owned Number of Vehicles |
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| Number of Branches Numbers |
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| Debtors Turnover Ratio Times |
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| Fleet Size - Hired/Partnership Number of Vehicles |
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| Number of Employees Numbers |
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| Bulk Transportation Volume Million Tonnes Per Annum |
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Extracted by Screener AI
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 11 Jun
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
10 Jun - Promoter Ravi Agrawal bought 10,831 shares on June 8 and 30,419 shares on June 9, 2026.
-
Announcement under Regulation 30 (LODR)-Credit Rating
10 Jun - CARE Ratings withdrew OBCL’s bank facility rating on company request, effective June 9, 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 30 May
- Financial Results For The Quarter And Year Ended March 31, 2026 29 May
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.