North Eastern Carrying Corporation Ltd.
•₹ 15.84.77%
2026-08-21
PROS
- Company has delivered good profit growth of 40.2% CAGR over last 5 years
- Stock looks reasonably valued - P/E of 13.8 is below its historical median
CONS
- Operating cash flow has been negative in recent years
- A large part of profit comes from other income (59.1% of PBT)
- Company has a low return on equity of 4.6% over last 3 years
- Company has a low return on capital employed of 6.8%
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -2.94x)
* 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
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 84 | 74 | 86 | 92 | 78 | 82 | 81 | 88 | 69 | 71 | 72 | 96 | 76 | |
| 79 | 69 | 79 | 87 | 70 | 75 | 76 | 86 | 64 | 68 | 65 | 94 | 74 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 3 | 1 | 2 | 2 |
| Interest | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 2 | 2 | 3 | 3 | 5 | 4 | 3 | 1 | 2 | 3 | 5 | 1 | 3 | |
| Tax % | 25.50% | 45.24% | 18.77% | 3.69% | 30.23% | 28.61% | 33.22% | -112.05% | 25.83% | 31.32% | 27.37% | 18.60% | 38.88% |
| Net Profit | 1 | 1 | 3 | 3 | 4 | 3 | 2 | 2 | 2 | 2 | 3 | 1 | 2 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Equity Capital | 50 | 73 | 95 | 95 | 96 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 104 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 50 | 73 | 95 | 95 | 96 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 104 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 84
- 79
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 2
- Tax %
- 25.50%
- Net Profit
- 1
- 0
- Equity Capital
- 50
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 50
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 74
- 69
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 2
- Tax %
- 45.24%
- Net Profit
- 1
- 0
- Equity Capital
- 73
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 73
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 86
- 79
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 1
- 3
- Tax %
- 18.77%
- Net Profit
- 3
- 0
- Equity Capital
- 95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 92
- 87
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 1
- 3
- Tax %
- 3.69%
- Net Profit
- 3
- 0
- Equity Capital
- 95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 78
- 70
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 5
- Tax %
- 30.23%
- Net Profit
- 4
- 0
- Equity Capital
- 96
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 96
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 82
- 75
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 4
- Tax %
- 28.61%
- Net Profit
- 3
- 0
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 81
- 76
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 3
- Tax %
- 33.22%
- Net Profit
- 2
- 0
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 88
- 86
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 1
- Tax %
- -112.05%
- Net Profit
- 2
- 0
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 69
- 64
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 2
- Tax %
- 25.83%
- Net Profit
- 2
- 0
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 71
- 68
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 1
- 3
- Tax %
- 31.32%
- Net Profit
- 2
- 0
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 72
- 65
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 1
- 5
- Tax %
- 27.37%
- Net Profit
- 3
- 0
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 96
- 94
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 1
- 1
- Tax %
- 18.60%
- Net Profit
- 1
- 0
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 76
- 74
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 1
- 3
- Tax %
- 38.88%
- Net Profit
- 2
- 0
- Equity Capital
- 104
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 104
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 548 | 385 | 343 | 376 | 231 | 250 | 306 | 335 | 329 | 308 | 315 | |
| 528 | 369 | 328 | 359 | 221 | 235 | 286 | 314 | 306 | 290 | 301 | |
| Operating Profit | 20 | 17 | 16 | 19 | 12 | 16 | 21 | 23 | 23 | 24 | — |
| OPM % | 4 | 4 | 5 | 5 | 5 | 6 | 7 | 7 | 7 | 8 | — |
| Other Income | 1 | 1 | 1 | 2 | 2 | 0 | 0 | 2 | 1 | 6 | 8 |
| Interest | 9 | 7 | 6 | 7 | 7 | 6 | 8 | 9 | 8 | 10 | 9 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 |
| 9 | 6 | 7 | 9 | 1 | 6 | 9 | 10 | 13 | 11 | 12 | |
| Tax % | 38 | 36 | 35 | 27 | -21 | 25 | 39 | 21 | 21 | 27 | 31 |
| Net Profit | 6 | 4 | 5 | 6 | 1 | 4 | 6 | 8 | 10 | 8 | 8 |
| EPS | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 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
Mar 2018
- 385
- 369
- Operating Profit
- 17
- OPM %
- 4
- Other Income
- 1
- Interest
- 7
- Depreciation
- 3
- 6
- Tax %
- 36
- Net Profit
- 4
- 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 2019
- 343
- 328
- Operating Profit
- 16
- OPM %
- 5
- Other Income
- 1
- Interest
- 6
- Depreciation
- 3
- 7
- Tax %
- 35
- Net Profit
- 5
- 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 2020
- 376
- 359
- Operating Profit
- 19
- OPM %
- 5
- Other Income
- 2
- Interest
- 7
- Depreciation
- 3
- 9
- Tax %
- 27
- 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 2021
- 231
- 221
- Operating Profit
- 12
- OPM %
- 5
- Other Income
- 2
- Interest
- 7
- Depreciation
- 3
- 1
- Tax %
- -21
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2022
- 250
- 235
- Operating Profit
- 16
- OPM %
- 6
- Other Income
- 0
- Interest
- 6
- Depreciation
- 4
- 6
- Tax %
- 25
- Net Profit
- 4
- 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 2023
- 306
- 286
- Operating Profit
- 21
- OPM %
- 7
- Other Income
- 0
- Interest
- 8
- Depreciation
- 3
- 9
- Tax %
- 39
- 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 2024
- 335
- 314
- Operating Profit
- 23
- OPM %
- 7
- Other Income
- 2
- Interest
- 9
- Depreciation
- 3
- 10
- Tax %
- 21
- Net Profit
- 8
- 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 2025
- 329
- 306
- Operating Profit
- 23
- OPM %
- 7
- Other Income
- 1
- Interest
- 8
- Depreciation
- 3
- 13
- Tax %
- 21
- Net Profit
- 10
- 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 2026
- 308
- 290
- Operating Profit
- 24
- OPM %
- 8
- Other Income
- 6
- Interest
- 10
- Depreciation
- 3
- 11
- Tax %
- 27
- Net Profit
- 8
- 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
TTM
- 315
- 301
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 9
- Depreciation
- 3
- 12
- Tax %
- 31
- Net Profit
- 8
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- -5%
- 5 Years:
- 6%
- 3 Years:
- 0%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 3%
- 5 Years:
- 40%
- 3 Years:
- 10%
STOCK PRICE CAGR
- 10 Years:
- -8%
- 5 Years:
- 0%
- 3 Years:
- -6%
- 1 Year:
- -28%
RETURN ON EQUITY
- 10 Years:
- 5%
- 5 Years:
- 5%
- 3 Years:
- 5%
- Last Year:
- 3%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 95 | 100 | 100 |
| 28 | 32 | 37 | 43 | 45 | 49 | 55 | 99 | 119 | 127 | |
| 76 | 44 | 66 | 72 | 85 | 98 | 101 | 93 | 102 | 110 | |
| Trade Payables | 2 | 2 | 3 | 6 | 4 | 4 | 3 | 3 | 6 | 4 |
| 20 | 25 | 26 | 27 | 12 | 16 | 34 | 26 | 17 | 30 | |
| Total Liabilities | 176 | 154 | 182 | 199 | 196 | 217 | 243 | 316 | 344 | 372 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 18 | 19 | 20 | 17 | 14 | 13 | 14 | 13 | 8 | 24 | |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 9 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 120 | 125 | 130 | |
| Cash & Bank | 4 | 5 | 6 | 6 | 6 | 8 | 8 | 21 | 16 | 10 |
| 154 | 130 | 155 | 176 | 176 | 196 | 221 | 157 | 186 | 200 | |
| Total Assets | 176 | 154 | 182 | 199 | 196 | 217 | 243 | 316 | 344 | 372 |
| Total Debt | 83 | 54 | 72 | 76 | 86 | 101 | 119 | 103 | 106 | 124 |
| Net Working Capital | 62 | 69 | 68 | 77 | 79 | 87 | 108 | 184 | 204 | 208 |
| Contingent Liabilities | 3 | 4 | 4 | 2 | 3 | 2 | 1 | 8 | 8 | 4 |
| Book Value per Share | 15.64 | 16.41 | 17.31 | 18.58 | 18.87 | 19.71 | 20.89 | 20.35 | 21.91 | 22.70 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 83 | 54 | 72 | 76 | 86 | 101 | 119 | 103 | 106 | 124 |
| Net Working Capital | 62 | 69 | 68 | 77 | 79 | 87 | 108 | 184 | 204 | 208 |
| Contingent Liabilities | 3 | 4 | 4 | 2 | 3 | 2 | 1 | 8 | 8 | 4 |
| Book Value per Share | 15.64 | 16.41 | 17.31 | 18.58 | 18.87 | 19.71 | 20.89 | 20.35 | 21.91 | 22.70 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 50
- 28
- 76
- Trade Payables
- 2
- 20
- Total Liabilities
- 176
- 18
- Capital Work in Progress
- 0
- 0
- 0
- Cash & Bank
- 4
- 154
- Total Assets
- 176
- Total Debt
- 83
- Net Working Capital
- 62
- Contingent Liabilities
- 3
- Book Value per Share
- 15.64
- Face Value
- 10.00
- Total Debt
- 83
- Net Working Capital
- 62
- Contingent Liabilities
- 3
- Book Value per Share
- 15.64
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 50
- 32
- 44
- Trade Payables
- 2
- 25
- Total Liabilities
- 154
- 19
- Capital Work in Progress
- 0
- 0
- 0
- Cash & Bank
- 5
- 130
- Total Assets
- 154
- Total Debt
- 54
- Net Working Capital
- 69
- Contingent Liabilities
- 4
- Book Value per Share
- 16.41
- Face Value
- 10.00
- Total Debt
- 54
- Net Working Capital
- 69
- Contingent Liabilities
- 4
- Book Value per Share
- 16.41
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 50
- 37
- 66
- Trade Payables
- 3
- 26
- Total Liabilities
- 182
- 20
- Capital Work in Progress
- 0
- 0
- 0
- Cash & Bank
- 6
- 155
- Total Assets
- 182
- Total Debt
- 72
- Net Working Capital
- 68
- Contingent Liabilities
- 4
- Book Value per Share
- 17.31
- Face Value
- 10.00
- Total Debt
- 72
- Net Working Capital
- 68
- Contingent Liabilities
- 4
- Book Value per Share
- 17.31
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 50
- 43
- 72
- Trade Payables
- 6
- 27
- Total Liabilities
- 199
- 17
- Capital Work in Progress
- 0
- 0
- 0
- Cash & Bank
- 6
- 176
- Total Assets
- 199
- Total Debt
- 76
- Net Working Capital
- 77
- Contingent Liabilities
- 2
- Book Value per Share
- 18.58
- Face Value
- 10.00
- Total Debt
- 76
- Net Working Capital
- 77
- Contingent Liabilities
- 2
- Book Value per Share
- 18.58
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 50
- 45
- 85
- Trade Payables
- 4
- 12
- Total Liabilities
- 196
- 14
- Capital Work in Progress
- 0
- 0
- 0
- Cash & Bank
- 6
- 176
- Total Assets
- 196
- Total Debt
- 86
- Net Working Capital
- 79
- Contingent Liabilities
- 3
- Book Value per Share
- 18.87
- Face Value
- 10.00
- Total Debt
- 86
- Net Working Capital
- 79
- Contingent Liabilities
- 3
- Book Value per Share
- 18.87
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 50
- 49
- 98
- Trade Payables
- 4
- 16
- Total Liabilities
- 217
- 13
- Capital Work in Progress
- 0
- 0
- 0
- Cash & Bank
- 8
- 196
- Total Assets
- 217
- Total Debt
- 101
- Net Working Capital
- 87
- Contingent Liabilities
- 2
- Book Value per Share
- 19.71
- Face Value
- 10.00
- Total Debt
- 101
- Net Working Capital
- 87
- Contingent Liabilities
- 2
- Book Value per Share
- 19.71
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 50
- 55
- 101
- Trade Payables
- 3
- 34
- Total Liabilities
- 243
- 14
- Capital Work in Progress
- 0
- 0
- 0
- Cash & Bank
- 8
- 221
- Total Assets
- 243
- Total Debt
- 119
- Net Working Capital
- 108
- Contingent Liabilities
- 1
- Book Value per Share
- 20.89
- Face Value
- 10.00
- Total Debt
- 119
- Net Working Capital
- 108
- Contingent Liabilities
- 1
- Book Value per Share
- 20.89
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 95
- 99
- 93
- Trade Payables
- 3
- 26
- Total Liabilities
- 316
- 13
- Capital Work in Progress
- 0
- 5
- 120
- Cash & Bank
- 21
- 157
- Total Assets
- 316
- Total Debt
- 103
- Net Working Capital
- 184
- Contingent Liabilities
- 8
- Book Value per Share
- 20.35
- Face Value
- 10.00
- Total Debt
- 103
- Net Working Capital
- 184
- Contingent Liabilities
- 8
- Book Value per Share
- 20.35
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 100
- 119
- 102
- Trade Payables
- 6
- 17
- Total Liabilities
- 344
- 8
- Capital Work in Progress
- 4
- 5
- 125
- Cash & Bank
- 16
- 186
- Total Assets
- 344
- Total Debt
- 106
- Net Working Capital
- 204
- Contingent Liabilities
- 8
- Book Value per Share
- 21.91
- Face Value
- 10.00
- Total Debt
- 106
- Net Working Capital
- 204
- Contingent Liabilities
- 8
- Book Value per Share
- 21.91
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 100
- 127
- 110
- Trade Payables
- 4
- 30
- Total Liabilities
- 372
- 24
- Capital Work in Progress
- 0
- 9
- 130
- Cash & Bank
- 10
- 200
- Total Assets
- 372
- Total Debt
- 124
- Net Working Capital
- 208
- Contingent Liabilities
- 4
- Book Value per Share
- 22.70
- Face Value
- 10.00
- Total Debt
- 124
- Net Working Capital
- 208
- Contingent Liabilities
- 4
- Book Value per Share
- 22.70
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2 | 34 | -13 | -4 | -11 | -10 | -14 | -46 | -21 | -9 | |
| Cash from Investing | -3 | -3 | -4 | -0 | 0 | -2 | -3 | -6 | -2 | -16 |
| Cash from Financing | 5 | -30 | 19 | 4 | 10 | 15 | 18 | 65 | 17 | 19 |
| 0 | 1 | 1 | -0 | -0 | 2 | 0 | 13 | -6 | -6 | |
| Free Cash Flow | -3 | 34 | -16 | -4 | -11 | -12 | -18 | -48 | -22 | -22 |
| OCF / Net Profit | -0.36 | 8.65 | -2.81 | -0.61 | -7.35 | -2.40 | -2.50 | -5.76 | -2.07 | -1.16 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -8 | -59 | -92 | -110 | -121 |
| OCF / Net Profit | -0.36 | 8.65 | -2.81 | -0.61 | -7.35 | -2.40 | -2.50 | -5.76 | -2.07 | -1.16 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -8 | -59 | -92 | -110 | -121 |
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
Mar 2018
- 34
- Cash from Investing
- -3
- Cash from Financing
- -30
- 1
- Free Cash Flow
- 34
- OCF / Net Profit
- 8.65
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 8.65
- Cumulative 5-Year FCF
- 0
Mar 2019
- -13
- Cash from Investing
- -4
- Cash from Financing
- 19
- 1
- Free Cash Flow
- -16
- OCF / Net Profit
- -2.81
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.81
- Cumulative 5-Year FCF
- 0
Mar 2020
- -4
- Cash from Investing
- -0
- Cash from Financing
- 4
- -0
- Free Cash Flow
- -4
- OCF / Net Profit
- -0.61
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.61
- Cumulative 5-Year FCF
- 0
Mar 2021
- -11
- Cash from Investing
- 0
- Cash from Financing
- 10
- -0
- Free Cash Flow
- -11
- OCF / Net Profit
- -7.35
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -7.35
- Cumulative 5-Year FCF
- 0
Mar 2022
- -10
- Cash from Investing
- -2
- Cash from Financing
- 15
- 2
- Free Cash Flow
- -12
- OCF / Net Profit
- -2.40
- Cumulative 5-Year FCF
- -8
- OCF / Net Profit
- -2.40
- Cumulative 5-Year FCF
- -8
Mar 2023
- -14
- Cash from Investing
- -3
- Cash from Financing
- 18
- 0
- Free Cash Flow
- -18
- OCF / Net Profit
- -2.50
- Cumulative 5-Year FCF
- -59
- OCF / Net Profit
- -2.50
- Cumulative 5-Year FCF
- -59
Mar 2024
- -46
- Cash from Investing
- -6
- Cash from Financing
- 65
- 13
- Free Cash Flow
- -48
- OCF / Net Profit
- -5.76
- Cumulative 5-Year FCF
- -92
- OCF / Net Profit
- -5.76
- Cumulative 5-Year FCF
- -92
Mar 2025
- -21
- Cash from Investing
- -2
- Cash from Financing
- 17
- -6
- Free Cash Flow
- -22
- OCF / Net Profit
- -2.07
- Cumulative 5-Year FCF
- -110
- OCF / Net Profit
- -2.07
- Cumulative 5-Year FCF
- -110
Mar 2026
- -9
- Cash from Investing
- -16
- Cash from Financing
- 19
- -6
- Free Cash Flow
- -22
- OCF / Net Profit
- -1.16
- Cumulative 5-Year FCF
- -121
- OCF / Net Profit
- -1.16
- Cumulative 5-Year FCF
- -121
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 1.12 | 0.77 | 0.90 | 1.27 | 0.28 | 0.85 | 1.15 | 0.84 | 1.03 | 0.78 |
| Book Value (₹) | 15.64 | 16.41 | 17.31 | 18.58 | 18.87 | 19.71 | 20.89 | 20.35 | 21.91 | 22.70 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 1.53 | 1.30 | 1.47 | 1.75 | 0.84 | 1.47 | 1.59 | 1.17 | 1.28 | 1.10 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 3.70% | 4.29% | 4.73% | 5.14% | 5.11% | 6.28% | 6.71% | 6.32% | 6.86% | 5.79% |
| Net Margin % | 1.02% | 1.01% | 1.32% | 1.70% | 0.62% | 1.70% | 1.89% | 2.39% | 3.12% | 2.52% |
| ROE % | 7.40% | 4.82% | 5.36% | 7.09% | 1.52% | 4.40% | 5.66% | 5.37% | 4.96% | 3.48% |
| ROCE % | 11.21% | 8.98% | 8.67% | 9.89% | 4.96% | 6.30% | 8.34% | 7.55% | 6.66% | 6.18% |
| 3.27% | 2.35% | 2.70% | 3.36% | 0.73% | 2.06% | 2.51% | 2.87% | 3.11% | 2.17% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 82 | 106 | 110 | 109 | 174 | 153 | 132 | 128 | 136 | 151 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 82 | 106 | 110 | 109 | 174 | 153 | 132 | 128 | 136 | 151 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.06x | 0.65x | 0.83x | 0.82x | 0.91x | 1.02x | 1.14x | 0.53x | 0.48x | 0.55x |
| Interest Coverage (x) | 2.05x | 1.81x | 2.22x | 2.17x | 1.16x | 1.90x | 2.14x | 2.07x | 2.70x | 2.04x |
| 1.68x | 2.10x | 1.77x | 1.75x | 1.79x | 1.77x | 1.91x | 2.67x | 2.70x | 2.61x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 1.79% | -29.77% | -10.90% | 9.69% | -38.71% | 8.59% | 22.22% | 9.52% | -1.91% | -6.29% |
| Operating Profit Growth % | -7.72% | -18.38% | -1.90% | 19.36% | -39.12% | 33.39% | 30.56% | 11.02% | 2.04% | 3.78% |
| Net Profit Growth % | -0.69% | -30.84% | 17.06% | 40.91% | -77.62% | 197.70% | 35.55% | 39.01% | 27.80% | -24.40% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -26.78% | 21.80% | -24.40% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 26.98x | 22.06x | 13.82x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.12x | 1.03x | 0.47x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 13.09x | 13.60x | 9.20x |
Mar 2017
- EPS (₹)
- 1.12
- Book Value (₹)
- 15.64
- 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 %
- -7.72%
- Net Profit Growth %
- -0.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 0.77
- Book Value (₹)
- 16.41
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.30
- Operating Margin %
- 4.29%
- Net Margin %
- 1.01%
- ROE %
- 4.82%
- ROCE %
- 8.98%
- 2.35%
- Debtor Days
- 106
- Inventory Days
- 0
- Payable Days
- 0
- 106
- Debt to Equity (x)
- 0.65x
- Interest Coverage (x)
- 1.81x
- 2.10x
- Revenue Growth %
- -29.77%
- Operating Profit Growth %
- -18.38%
- Net Profit Growth %
- -30.84%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 0.90
- Book Value (₹)
- 17.31
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.47
- Operating Margin %
- 4.73%
- Net Margin %
- 1.32%
- ROE %
- 5.36%
- ROCE %
- 8.67%
- 2.70%
- Debtor Days
- 110
- Inventory Days
- 0
- Payable Days
- 0
- 110
- Debt to Equity (x)
- 0.83x
- Interest Coverage (x)
- 2.22x
- 1.77x
- Revenue Growth %
- -10.90%
- Operating Profit Growth %
- -1.90%
- Net Profit Growth %
- 17.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 1.27
- Book Value (₹)
- 18.58
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.75
- Operating Margin %
- 5.14%
- Net Margin %
- 1.70%
- ROE %
- 7.09%
- ROCE %
- 9.89%
- 3.36%
- Debtor Days
- 109
- Inventory Days
- 0
- Payable Days
- 0
- 109
- Debt to Equity (x)
- 0.82x
- Interest Coverage (x)
- 2.17x
- 1.75x
- Revenue Growth %
- 9.69%
- Operating Profit Growth %
- 19.36%
- Net Profit Growth %
- 40.91%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.28
- Book Value (₹)
- 18.87
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.84
- Operating Margin %
- 5.11%
- Net Margin %
- 0.62%
- ROE %
- 1.52%
- ROCE %
- 4.96%
- 0.73%
- Debtor Days
- 174
- Inventory Days
- 0
- Payable Days
- 0
- 174
- Debt to Equity (x)
- 0.91x
- Interest Coverage (x)
- 1.16x
- 1.79x
- Revenue Growth %
- -38.71%
- Operating Profit Growth %
- -39.12%
- Net Profit Growth %
- -77.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 0.85
- Book Value (₹)
- 19.71
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.47
- Operating Margin %
- 6.28%
- Net Margin %
- 1.70%
- ROE %
- 4.40%
- ROCE %
- 6.30%
- 2.06%
- Debtor Days
- 153
- Inventory Days
- 0
- Payable Days
- 0
- 153
- Debt to Equity (x)
- 1.02x
- Interest Coverage (x)
- 1.90x
- 1.77x
- Revenue Growth %
- 8.59%
- Operating Profit Growth %
- 33.39%
- Net Profit Growth %
- 197.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 1.15
- Book Value (₹)
- 20.89
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.59
- Operating Margin %
- 6.71%
- Net Margin %
- 1.89%
- ROE %
- 5.66%
- ROCE %
- 8.34%
- 2.51%
- Debtor Days
- 132
- Inventory Days
- 0
- Payable Days
- 0
- 132
- Debt to Equity (x)
- 1.14x
- Interest Coverage (x)
- 2.14x
- 1.91x
- Revenue Growth %
- 22.22%
- Operating Profit Growth %
- 30.56%
- Net Profit Growth %
- 35.55%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.84
- Book Value (₹)
- 20.35
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.17
- Operating Margin %
- 6.32%
- Net Margin %
- 2.39%
- ROE %
- 5.37%
- ROCE %
- 7.55%
- 2.87%
- Debtor Days
- 128
- Inventory Days
- 0
- Payable Days
- 0
- 128
- Debt to Equity (x)
- 0.53x
- Interest Coverage (x)
- 2.07x
- 2.67x
- Revenue Growth %
- 9.52%
- Operating Profit Growth %
- 11.02%
- Net Profit Growth %
- 39.01%
- -26.78%
- P/E (x)
- 26.98x
- P/B (x)
- 1.12x
- Dividend Yield %
- 0.00%
- 13.09x
Mar 2025
- EPS (₹)
- 1.03
- Book Value (₹)
- 21.91
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.28
- Operating Margin %
- 6.86%
- Net Margin %
- 3.12%
- ROE %
- 4.96%
- ROCE %
- 6.66%
- 3.11%
- Debtor Days
- 136
- Inventory Days
- 0
- Payable Days
- 0
- 136
- Debt to Equity (x)
- 0.48x
- Interest Coverage (x)
- 2.70x
- 2.70x
- Revenue Growth %
- -1.91%
- Operating Profit Growth %
- 2.04%
- Net Profit Growth %
- 27.80%
- 21.80%
- P/E (x)
- 22.06x
- P/B (x)
- 1.03x
- Dividend Yield %
- 0.00%
- 13.60x
Mar 2026
- EPS (₹)
- 0.78
- Book Value (₹)
- 22.70
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.10
- Operating Margin %
- 5.79%
- Net Margin %
- 2.52%
- ROE %
- 3.48%
- ROCE %
- 6.18%
- 2.17%
- Debtor Days
- 151
- Inventory Days
- 0
- Payable Days
- 0
- 151
- Debt to Equity (x)
- 0.55x
- Interest Coverage (x)
- 2.04x
- 2.61x
- Revenue Growth %
- -6.29%
- Operating Profit Growth %
- 3.78%
- Net Profit Growth %
- -24.40%
- -24.40%
- P/E (x)
- 13.82x
- P/B (x)
- 0.47x
- Dividend Yield %
- 0.00%
- 9.20x
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.