North Eastern Carrying Corp. Ltd.

North Eastern Carrying Corp. Ltd.

18.36
INR
-0.27
(-1.45%)
0.81EPS
21.33P/E
1.80BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
105.6
97.54
97.31
101.52
71.03
63.06
69.29
41.82
46.32
60.98
35.09
33.02
31
31.73
Basic EPS, GAAP
1.16
1.02
1.02
1.04
0.71
0.83
1.18
0.26
0.79
1.15
0.84
1.03
0.78
0.81
Free Cash Flow per Basic Share
-1.71
-0.44
-0.93
-0.92
5.5
-3.41
-1
-1.94
-2.47
-3.59
-5.14
-2.6
-2.44
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
11.39
12.41
13.45
14.49
15.2
16.04
17.22
17.48
18.26
19.35
20.27
21.89
22.7
- -
Tangible Book Value per Share
10.4
11.43
12.47
13.5
14.22
15.05
16.23
16.59
17.47
18.66
19.93
21.62
22.49
- -
Basic Weighted Avg Shares
54
54
55
54
54
54
54
55
54
50
96
100
99
99
Sales/Revenue/Turnover
5,718
5,307
5,384
5,480
3,849
3,429
3,763
2,306
2,504
3,060
3,351
3,287
3,080
3,145
Operating Margin (%)
2.99
2.98
3.25
3.07
3.24
3.34
4.02
2.83
4.62
5.64
5.39
6.09
4.73
4.04
Depreciation Expense
37
33
31
27
31
34
31
31
37
28
31
26
32
- -
Net Income, GAAP
63
55
56
56
39
45
64
14
43
58
80
103
78
80
Effective Tax Rate (%)
31.88
35.06
37.06
37.9
31.8
35.49
27.02
- -
25.13
38.6
21.11
21.36
27.34
30.93
Profit Margin (%)
1.1
1.04
1.05
1.02
1.01
1.32
1.7
0.62
1.7
1.89
2.39
3.12
2.52
2.54
Working Capital
439
515
549
623
687
681
766
788
875
1,079
1,844
2,038
2,082
- -
LT Debt
10
37
50
69
96
64
37
16
28
176
102
38
141
- -
Total Equity
617
672
729
785
824
869
933
947
989
1,049
1,940
2,191
2,270
- -
Return on Invested Capital (%)
4.49
3.61
3.57
3.45
5.78
5.07
5.98
- -
4.65
4.99
5.71
5.02
3.62
- -
Return on Capital (%)
9.07
7.92
7.67
6.64
5.65
5.18
6.83
- -
4.49
4.84
5.61
5.04
4.08
- -
Return on Common Equity (%)
10.71
8.6
8.05
7.4
4.82
5.36
7.09
1.52
4.4
5.66
5.37
4.96
3.48
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
1,087
1,103
- -
LT Borrowings
109
141
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
100
100
105
Market Capitalization
1,809
1,077
1,795

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
3,338
3,376
- -
Cash, Cash Equivalents & STI
108
96
- -
Accounts Receivable, Net
1,290
1,301
- -
Inventories
- -
- -
- -
Total Current Liabilities
1,269
1,294
- -
Payables & Accruals
- -
- -
- -
ST Debt
1,087
1,103
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.9%
22.39%
3.62%
Free Cash Flow
-65.71%
35.74%
-6.19%
Net Income, GAAP
22.45%
55.13%
-24.4%
Sales/Revenue/Turnover
-3.58%
6.42%
-6.29%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
776
819
811
881
3,287
2026
691
707
720
962
3,080
2027
756
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.38
0.29
0.2
0.18
1.03
2026
0.18
0.19
0.34
0.08
0.78
2027
0.18
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Sunil Kumar Jain
Full Time Employees
436
Sector
Transportation
Industry
Other transportation
Address
NECC House New Delhi DE India 110006
IPO Date
Aug 10, 2012
Business
North Eastern Carrying Corporation Limited (NECCLTD.NS) is an India-based transport and logistics company providing a comprehensive range of freight management and customized logistics solutions backed by automated enterprise resource planning (ERP) software. The company offers domestic and international goods transportation services, including small parcels, part truck load (PTL), full truck load (FTL) consignments, bulk movements, project consignments, and over-dimensional consignments (ODC); containerized cargo movement; warehousing; third-party logistics (3PL); packing and moving; and storage facilities. It operates through approximately 300 branches across India, Nepal, Bhutan, and Bangladesh, serving commercial, industrial, and end-to-end supply chain requirements. Incorporated in 1984 and headquartered at NECC House, 9062/47 Ram Bagh Road, Azad Market, Delhi 110006, India, the company traces its origins to a partnership firm established in 1968 and merged into the entity in 2000; it also maintains a wholly owned subsidiary, NECC Retail Solutions Private Limited. In recent developments, North Eastern Carrying Corporation secured multiple contracts from Tata Steel Limited, including a Rs 356 crore order for transporting materials from Sukinda Mines in Odisha, a five-year agreement valued at around Rs 156 crore for iron ore transportation, and additional five-year contracts for steel products from Sahibabad and Khopoli facilities to destinations such as Kalamboli, Panvel, and Taloja using electric heavy vehicles, marking its entry into EV logistics with potential one-year extensions. The company also entered a memorandum of understanding (MoU) with SG Logistic Management Pvt Ltd to invest up to Rs 20 crore for a stake acquisition and reported expectations of INR 37 million in funding as of early 2024. These strategic alliances and expansions underscore its focus on sustainable logistics and growth in the trucking and industrials sector.