North Eastern Carrying Corporation Ltd.
•₹ 15.84.77%
2026-08-21
PROS
- Company has consistently been profitable over the last 5 years
- Company converts assets efficiently - asset turnover of 3.2x
CONS
- Operating cash flow has been negative in recent years
- Company has a low return on equity of 8.0% over last 3 years
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.07x)
- Free cash flow has been persistently negative
- Though reporting repeated profits, the company pays out little dividend (0.0%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | CONCOR | 518.35 | 31.79 | 39478.47 | 1.66 | 268.90 | 0.61 | 2159.76 | 0.28 | 14.79 | 20.41 |
| 2. | DELHIVERY | 454.05 | 363.67 | 34015.92 | 0.00 | 31.91 | -64.96 | 2930.73 | 27.76 | 3.02 | 4.75 |
| 3. | SHADOWFAX | 254.35 | 133.55 | 14919.18 | 0.00 | 654.00 | 6732.86 | 13581.20 | 1806.32 | 4.90 | 6.76 |
| 4. | BLACKBUCK | 631.25 | 68.11 | 11498.22 | 0.00 | 42.17 | 25.14 | 204.17 | 42.17 | -31.80 | 24.35 |
| 5. | TCI | 906.55 | 15.25 | 6965.13 | 1.10 | 106.60 | -0.56 | 1248.50 | 9.58 | 20.52 | 12.30 |
| 6. | TVSSCS | 123.10 | 83.87 | 5431.46 | 0.00 | 22.48 | -96.84 | 3335.22 | 28.66 | 11.51 | 6.75 |
| 7. | VRLLOG | 231.45 | 0.00 | 4048.92 | 0.00 | 805.30 | 1509.31 | 8788.40 | 1080.70 | 26.47 | 21.23 |
| 8. | MAHLOG | 406.80 | 104.90 | 4036.37 | 0.61 | 27.83 | 394.81 | 2002.88 | 23.29 | 10.40 | 5.76 |
| 9. | SINDHUTRAD | 23.94 | 47.70 | 3691.38 | 0.00 | 38.74 | -79.39 | 129.21 | -21.85 | 12.80 | 45.34 |
| 10. | GATEWAY | 55.05 | 11.26 | 2750.54 | 5.90 | 512.68 | 724.44 | 5492.97 | 897.94 | 17.99 | 21.31 |
| 11. | TCIEXP | 544.00 | 25.36 | 2091.36 | 1.29 | 20.49 | 5.24 | 313.40 | 9.29 | 13.92 | 10.03 |
| 12. | NECCLTD | 14.99 | 35.33 | 156.65 | 0.00 | 2.01 | 13.03 | 75.59 | 9.38 | 6.18 | 5.93 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
No quarterly results found
We don't have this information yet. Please check back later.
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|
| 541 | 572 | 531 | 538 | 548 | |
| 522 | 550 | 511 | 518 | 528 | |
| Operating Profit | 19 | 22 | 21 | 22 | 20 |
| OPM % | 4 | 4 | 4 | 4 | 4 |
| Other Income | 0 | 0 | 1 | 1 | 1 |
| Interest | 8 | 9 | 9 | 10 | 9 |
| Depreciation | 3 | 4 | 3 | 3 | 3 |
| 8 | 9 | 9 | 9 | 9 | |
| Tax % | 36 | 32 | 35 | 37 | 38 |
| Net Profit | 5 | 6 | 6 | 6 | 6 |
| EPS | 2 | 1 | 1 | 1 | 1 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 1 | 1 | 1 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 1 | 1 | 1 |
Mar 2013
- 541
- 522
- Operating Profit
- 19
- OPM %
- 4
- Other Income
- 0
- Interest
- 8
- Depreciation
- 3
- 8
- Tax %
- 36
- Net Profit
- 5
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2014
- 572
- 550
- Operating Profit
- 22
- OPM %
- 4
- Other Income
- 0
- Interest
- 9
- Depreciation
- 4
- 9
- Tax %
- 32
- Net Profit
- 6
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2015
- 531
- 511
- Operating Profit
- 21
- OPM %
- 4
- Other Income
- 1
- Interest
- 9
- Depreciation
- 3
- 9
- Tax %
- 35
- Net Profit
- 6
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2016
- 538
- 518
- Operating Profit
- 22
- OPM %
- 4
- Other Income
- 1
- Interest
- 10
- Depreciation
- 3
- 9
- Tax %
- 37
- Net Profit
- 6
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2017
- 548
- 528
- Operating Profit
- 20
- OPM %
- 4
- Other Income
- 1
- Interest
- 9
- Depreciation
- 3
- 9
- Tax %
- 38
- Net Profit
- 6
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- -1%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- -4%
STOCK PRICE CAGR
- 10 Years:
- -8%
- 5 Years:
- 0%
- 3 Years:
- -6%
- 1 Year:
- -28%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 9%
- 3 Years:
- 8%
- Last Year:
- 7%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - |
| Equity Capital | 50 | 50 | 50 | 50 | 50 |
| 5 | 12 | 17 | 23 | 28 | |
| 64 | 72 | 70 | 73 | 76 | |
| Trade Payables | 1 | 1 | 1 | 4 | 2 |
| 16 | 18 | 24 | 16 | 20 | |
| Total Liabilities | 136 | 152 | 163 | 167 | 176 |
| ASSETS | - | - | - | - | - |
| 15 | 15 | 15 | 18 | 18 | |
| 0 | 0 | 0 | 0 | 0 | |
| Cash & Bank | 5 | 3 | 4 | 3 | 4 |
| 116 | 134 | 144 | 145 | 154 | |
| Total Assets | 136 | 152 | 163 | 167 | 176 |
| Total Debt | 65 | 73 | 74 | 78 | 83 |
| Net Working Capital | 38 | 44 | 51 | 55 | 62 |
| Contingent Liabilities | 0 | 5 | 4 | 5 | 3 |
| Book Value per Share | 11.04 | 12.29 | 13.40 | 14.52 | 15.63 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 65 | 73 | 74 | 78 | 83 |
| Net Working Capital | 38 | 44 | 51 | 55 | 62 |
| Contingent Liabilities | 0 | 5 | 4 | 5 | 3 |
| Book Value per Share | 11.04 | 12.29 | 13.40 | 14.52 | 15.63 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2013
- Equity Capital
- 50
- 5
- 64
- Trade Payables
- 1
- 16
- Total Liabilities
- 136
- 15
- 0
- Cash & Bank
- 5
- 116
- Total Assets
- 136
- Total Debt
- 65
- Net Working Capital
- 38
- Contingent Liabilities
- 0
- Book Value per Share
- 11.04
- Face Value
- 10.00
- Total Debt
- 65
- Net Working Capital
- 38
- Contingent Liabilities
- 0
- Book Value per Share
- 11.04
- Face Value
- 10.00
Mar 2014
- Equity Capital
- 50
- 12
- 72
- Trade Payables
- 1
- 18
- Total Liabilities
- 152
- 15
- 0
- Cash & Bank
- 3
- 134
- Total Assets
- 152
- Total Debt
- 73
- Net Working Capital
- 44
- Contingent Liabilities
- 5
- Book Value per Share
- 12.29
- Face Value
- 10.00
- Total Debt
- 73
- Net Working Capital
- 44
- Contingent Liabilities
- 5
- Book Value per Share
- 12.29
- Face Value
- 10.00
Mar 2015
- Equity Capital
- 50
- 17
- 70
- Trade Payables
- 1
- 24
- Total Liabilities
- 163
- 15
- 0
- Cash & Bank
- 4
- 144
- Total Assets
- 163
- Total Debt
- 74
- Net Working Capital
- 51
- Contingent Liabilities
- 4
- Book Value per Share
- 13.40
- Face Value
- 10.00
- Total Debt
- 74
- Net Working Capital
- 51
- Contingent Liabilities
- 4
- Book Value per Share
- 13.40
- Face Value
- 10.00
Mar 2016
- Equity Capital
- 50
- 23
- 73
- Trade Payables
- 4
- 16
- Total Liabilities
- 167
- 18
- 0
- Cash & Bank
- 3
- 145
- Total Assets
- 167
- Total Debt
- 78
- Net Working Capital
- 55
- Contingent Liabilities
- 5
- Book Value per Share
- 14.52
- Face Value
- 10.00
- Total Debt
- 78
- Net Working Capital
- 55
- Contingent Liabilities
- 5
- Book Value per Share
- 14.52
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 50
- 28
- 76
- Trade Payables
- 2
- 20
- Total Liabilities
- 176
- 18
- 0
- Cash & Bank
- 4
- 154
- Total Assets
- 176
- Total Debt
- 83
- Net Working Capital
- 62
- Contingent Liabilities
- 3
- Book Value per Share
- 15.63
- Face Value
- 10.00
- Total Debt
- 83
- Net Working Capital
- 62
- Contingent Liabilities
- 3
- Book Value per Share
- 15.63
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|
| -15 | -6 | 1 | 2 | -2 | |
| Cash from Investing | -2 | -3 | -2 | -7 | -3 |
| Cash from Financing | 17 | 7 | 2 | 4 | 5 |
| 0 | -2 | 0 | -0 | 0 | |
| Free Cash Flow | -15 | -8 | -1 | 2 | -3 |
| OCF / Net Profit | -2.93 | -0.94 | 0.19 | 0.37 | -0.36 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 |
| OCF / Net Profit | -2.93 | -0.94 | 0.19 | 0.37 | -0.36 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 |
Mar 2013
- -15
- Cash from Investing
- -2
- Cash from Financing
- 17
- 0
- Free Cash Flow
- -15
- OCF / Net Profit
- -2.93
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.93
- Cumulative 5-Year FCF
- 0
Mar 2014
- -6
- Cash from Investing
- -3
- Cash from Financing
- 7
- -2
- Free Cash Flow
- -8
- OCF / Net Profit
- -0.94
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.94
- Cumulative 5-Year FCF
- 0
Mar 2015
- 1
- Cash from Investing
- -2
- Cash from Financing
- 2
- 0
- Free Cash Flow
- -1
- OCF / Net Profit
- 0.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.19
- Cumulative 5-Year FCF
- 0
Mar 2016
- 2
- Cash from Investing
- -7
- Cash from Financing
- 4
- -0
- Free Cash Flow
- 2
- OCF / Net Profit
- 0.37
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.37
- Cumulative 5-Year FCF
- 0
Mar 2017
- -2
- Cash from Investing
- -3
- Cash from Financing
- 5
- 0
- Free Cash Flow
- -3
- OCF / Net Profit
- -0.36
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.36
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - |
| EPS (₹) | 1.04 | 1.25 | 1.10 | 1.12 | 1.12 |
| Book Value (₹) | 11.04 | 12.29 | 13.40 | 14.52 | 15.63 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 1.60 | 1.83 | 1.63 | 1.61 | 1.53 |
| PROFITABILITY | - | - | - | - | - |
| Operating Margin % | 3.56% | 3.82% | 4.00% | 4.08% | 3.70% |
| Net Margin % | 0.96% | 1.10% | 1.04% | 1.05% | 1.02% |
| ROE % | 9.38% | 10.71% | 8.60% | 8.05% | 7.40% |
| ROCE % | 13.07% | 14.27% | 12.98% | 12.90% | 11.21% |
| 3.82% | 4.35% | 3.52% | 3.43% | 3.27% | |
| EFFICIENCY | - | - | - | - | - |
| Debtor Days | 67 | 68 | 78 | 79 | 82 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 |
| 67 | 68 | 78 | 79 | 82 | |
| FINANCIAL HEALTH | - | - | - | - | - |
| Debt to Equity (x) | 1.18x | 1.18x | 1.10x | 1.07x | 1.06x |
| Interest Coverage (x) | 2.06x | 2.02x | 1.91x | 1.90x | 2.05x |
| 1.48x | 1.49x | 1.56x | 1.62x | 1.68x | |
| GROWTH | - | - | - | - | - |
| Revenue Growth % | 0.00% | 5.73% | -7.19% | 1.45% | 1.79% |
| Operating Profit Growth % | 0.00% | 13.43% | -2.98% | 3.49% | -7.73% |
| Net Profit Growth % | 0.00% | 20.55% | -11.59% | 1.71% | -0.70% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| VALUATION | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
Mar 2013
- EPS (₹)
- 1.04
- Book Value (₹)
- 11.04
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.60
- Operating Margin %
- 3.56%
- Net Margin %
- 0.96%
- ROE %
- 9.38%
- ROCE %
- 13.07%
- 3.82%
- Debtor Days
- 67
- Inventory Days
- 0
- Payable Days
- 0
- 67
- Debt to Equity (x)
- 1.18x
- Interest Coverage (x)
- 2.06x
- 1.48x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2014
- EPS (₹)
- 1.25
- Book Value (₹)
- 12.29
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.83
- Operating Margin %
- 3.82%
- Net Margin %
- 1.10%
- ROE %
- 10.71%
- ROCE %
- 14.27%
- 4.35%
- Debtor Days
- 68
- Inventory Days
- 0
- Payable Days
- 0
- 68
- Debt to Equity (x)
- 1.18x
- Interest Coverage (x)
- 2.02x
- 1.49x
- Revenue Growth %
- 5.73%
- Operating Profit Growth %
- 13.43%
- Net Profit Growth %
- 20.55%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2015
- EPS (₹)
- 1.10
- Book Value (₹)
- 13.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.63
- Operating Margin %
- 4.00%
- Net Margin %
- 1.04%
- ROE %
- 8.60%
- ROCE %
- 12.98%
- 3.52%
- Debtor Days
- 78
- Inventory Days
- 0
- Payable Days
- 0
- 78
- Debt to Equity (x)
- 1.10x
- Interest Coverage (x)
- 1.91x
- 1.56x
- Revenue Growth %
- -7.19%
- Operating Profit Growth %
- -2.98%
- Net Profit Growth %
- -11.59%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2016
- EPS (₹)
- 1.12
- Book Value (₹)
- 14.52
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.61
- Operating Margin %
- 4.08%
- Net Margin %
- 1.05%
- ROE %
- 8.05%
- ROCE %
- 12.90%
- 3.43%
- Debtor Days
- 79
- Inventory Days
- 0
- Payable Days
- 0
- 79
- Debt to Equity (x)
- 1.07x
- Interest Coverage (x)
- 1.90x
- 1.62x
- Revenue Growth %
- 1.45%
- Operating Profit Growth %
- 3.49%
- Net Profit Growth %
- 1.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 1.12
- Book Value (₹)
- 15.63
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.53
- Operating Margin %
- 3.70%
- Net Margin %
- 1.02%
- ROE %
- 7.40%
- ROCE %
- 11.21%
- 3.27%
- Debtor Days
- 82
- Inventory Days
- 0
- Payable Days
- 0
- 82
- Debt to Equity (x)
- 1.06x
- Interest Coverage (x)
- 2.05x
- 1.68x
- Revenue Growth %
- 1.79%
- Operating Profit Growth %
- -7.73%
- Net Profit Growth %
- -0.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Documents
Announcements
- Record Date
2026-08-21 - North Eastern Carrying Corporation Limited has informed the Exchange that Record date for the purpose of Annual General Meeting is 03-Sep-2026.
- Copy of Newspaper Publication
2026-08-18 - North Eastern Carrying Corporation Limited has informed the Exchange about Copy of Newspaper Publication
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.