Orissa Bengal Carrier Ltd
Incorporated in 1994, Odisha-Bengal Carrier Ltd is engaged in Transportation & Logistics business[1]
- Market Cap ₹ 120 Cr.
- Current Price ₹ 56.7
- High / Low ₹ 64.8 / 44.0
- Stock P/E
- Book Value ₹ 43.4
- Dividend Yield 0.00 %
- ROCE 5.65 %
- ROE 2.25 %
- 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.
- Contingent liabilities of Rs.132 Cr.
- Earnings include an other income of Rs.3.40 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|
| 333 | 339 | 340 | |
| 326 | 327 | 335 | |
| Operating Profit | 7 | 12 | 5 |
| OPM % | 2% | 4% | 2% |
| 2 | 1 | 3 | |
| Interest | 1 | 4 | 6 |
| Depreciation | 3 | 5 | 5 |
| Profit before tax | 5 | 4 | -2 |
| Tax % | 32% | 36% | |
| 4 | 2 | -3 | |
| EPS in Rs | 1.75 | 1.10 | -1.58 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -412% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 3% |
| 1 Year: | 9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|
| Equity Capital | 21 | 21 | 21 |
| Reserves | 68 | 71 | 71 |
| 14 | 59 | 58 | |
| 11 | 12 | 14 | |
| Total Liabilities | 114 | 163 | 163 |
| 17 | 29 | 36 | |
| CWIP | 2 | 2 | 2 |
| Investments | 6 | 11 | 14 |
| 89 | 121 | 110 | |
| Total Assets | 114 | 163 | 163 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| 7 | -15 | |
| -19 | -25 | |
| 10 | 41 | |
| Net Cash Flow | -2 | 1 |
| Free Cash Flow | -6 | -32 |
| CFO/OP | 125% | -114% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 78 | 96 |
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 78 | 96 |
| Working Capital Days | 69 | 55 |
| ROCE % | 6% |
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 ・Standalone data |
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| Number of Branches Numbers ・Standalone data |
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| Debtors Turnover Ratio Times ・Standalone data |
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| Fleet Size - Hired/Partnership Number of Vehicles ・Standalone data |
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| Number of Employees Numbers ・Standalone data |
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| Bulk Transportation Volume Million Tonnes Per Annum ・Standalone data |
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Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 13h
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
1d - Ravi Agrawal acquired OBCL shares on-market on Mar 27 and Mar 30, 2026; Form C filed.
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
27 Mar - MD Ravi Agrawal bought 59,900 shares (10,000 on 24-Mar-2026; 49,900 on 25-Mar-2026), stake rose to 46.85%.
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Closure of Trading Window
26 Mar - Trading window closed from April 1, 2026 until 48 hours post Q4 FY2026 results declaration.
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
26 Mar - MD Ravi Agrawal acquired 49,900 shares on-market on 24–25 March 2026; Form C filed.
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.