North Eastn.Car.

Who are the top shareholders of the North Eastn.Car.?

The top shareholders of North Eastn.Car. are Necc Automobiles Pvt Ltd with 15.83%, Religare Finvest Ltd with 6.04%, and individual investors holding 30.38%. There are also three foreign institutional investors with 0.01%, and no mutual funds are currently invested in the company.

The top shareholders of North Eastn.Car. include:<BR><BR>1. Necc Automobiles Pvt Ltd, which holds the highest promoter stake at 15.83%.<BR>2. Religare Finvest Ltd is the largest public shareholder with a holding of 6.04%.<BR>3. Additionally, individual investors collectively hold 30.38% of the company's shares.<BR><BR>There are also three foreign institutional investors (FIIs) that hold a small portion of 0.01%, and currently, there are no mutual funds invested in the company.

how big is North Eastn.Car.?

As of Jun 06, North Eastern Carrying Corporation Ltd has a market capitalization of 233.27 Cr, classifying it as a Micro Cap company, with recent net sales of 503.35 Cr and a net profit of 4.44 Cr.

Market Cap: As of Jun 06, North Eastern Carrying Corporation Ltd has a market capitalization of 233.27 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, the company reported Net Sales of 503.35 Cr and a Net Profit of 4.44 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending Mar 17. The Shareholder's Funds are valued at 78.48 Cr, and the Total Assets amount to 176.26 Cr.

What does North Eastn.Car. do?

North Eastern Carrying Corporation Ltd is a micro-cap transport services company, originally founded in 1984, with recent quarterly net sales of 88 Cr and a net profit of 2 Cr as of March 2025. The company has a market cap of Rs 235 Cr and key financial metrics include a P/E ratio of 24.00 and a debt-equity ratio of 0.41.

Overview:<BR>North Eastern Carrying Corporation Ltd operates in the transport services industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was originally incorporated in 1984 as Prakarima Leasing Private Limited and later converted into a Public Limited Company, changing its name to Prakarima Leasing Limited in 1995. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 88 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 2 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: Rs 235 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 24.00<BR>- Industry P/E: 37<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.41<BR>- Return on Equity: 4.67%<BR>- Price to Book: 1.11<BR><BR>Contact Details:<BR>Address: NECC House 9062/47, Ram Bagh Road Azad Market Delhi Delhi : 110006<BR>Tel: 91-11-23517516-19<BR>Email: cs@neccgroup.com<BR>Website: http://www.neccgroup.com

Who are in the management team of North Eastn.Car.?

As of March 2022, the management team of North Eastn.Car. includes Sunil Kumar Jain (Chairman/Executive Director), Utkarsh Jain (Executive Director & Wholetime Director), and four Independent Directors: Manoj Kumar Jain, Saurav Upadhyay, Ashutosh Kumar Dubey, and Priya Singh.

As of March 2022, the management team of North Eastn.Car. includes the following individuals:<BR><BR>1. Sunil Kumar Jain - Chairman / Executive Director<BR>2. Utkarsh Jain - Executive Director & Wholetime Director<BR>3. Manoj Kumar Jain - Independent Non-Executive Director<BR>4. Saurav Upadhyay - Independent Director<BR>5. Ashutosh Kumar Dubey - Independent Director<BR>6. Priya Singh - Independent Director<BR><BR>These members form the board of directors, contributing to the leadership and governance of the company.

What is the bonus history of the North Eastn.Car.?

The North Eastern Carrying Corporation Ltd issued a 3:1 bonus on November 15, 2012, meaning shareholders received three additional shares for every one share held, with a record date of November 16, 2012.

The North Eastern Carrying Corporation Ltd has a bonus history that includes a 3:1 bonus issue announced with an ex-date of November 15, 2012. The record date for this bonus was November 16, 2012. This means that for every one share held, shareholders received three additional shares. If you have any more questions about the company or its financial activities, feel free to ask!

Has North Eastn.Car. declared dividend?

No Dividend History Available

Who are the peers of the North Eastn.Car.?

North Eastn.Car.'s peers include Container Corpn., Delhivery, Blue Dart Express, GE Shipping Co, S C I, Global Offshore, Paradeep Pari., Premier Road, and Zeal Global Serv. Its management risk is average, growth is below average, and its 1-year return is 0.65%, higher than Container Corpn. but lower than Global Offshore.

Peers: The peers of North Eastn.Car. are Container Corpn., Delhivery, Blue Dart Expres, GE Shipping Co, S C I, Global Offshore, Paradeep Pari., Premier Road, and Zeal Global Serv.<BR><BR>Quality Snapshot: Excellent management risk is observed at Paradeep Pari. and Blue Dart Expres, while Average management risk is found at Container Corpn., S C I, and North Eastn.Car. Below Average management risk is present at Delhivery and Global Offshore. Growth is Excellent at Paradeep Pari. and Premier Road, while Good growth is seen at Delhivery, Blue Dart Expres, GE Shipping Co, and Zeal Global Serv. Below Average growth is noted at North Eastn.Car., S C I, and Global Offshore. Capital Structure is Excellent at Container Corpn. and GE Shipping Co, Good at Blue Dart Expres and S C I, Average at Paradeep Pari. and Premier Road, and Below Average at North Eastn.Car. and Global Offshore.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Global Offshore at 102.77%, while the peer with the lowest is Container Corpn. at -32.86%. North Eastn.Car.'s own 1-year return is 0.65%, which is significantly higher than Container Corpn. but lower than Global Offshore. Additionally, Global Offshore, North Eastn.Car., and several others have negative six-month returns.

Is North Eastn.Car. overvalued or undervalued?

As of January 10, 2025, North Eastn.Car. is considered very attractive and undervalued with a PE ratio of 22.82, significantly lower than peers like Container Corporation and Aegis Logistics, and despite recent underperformance against the Sensex, it has shown substantial growth over the past five years.

As of 10 January 2025, the valuation grade for North Eastn.Car. has moved from attractive to very attractive, indicating a strong improvement in its perceived value. The company is currently considered undervalued based on its financial metrics. Key ratios include a PE ratio of 22.82, an EV to EBITDA of 14.74, and a PEG ratio of 0.85, which suggests that the stock is priced favorably relative to its growth prospects.<BR><BR>In comparison to peers, North Eastn.Car. stands out with its valuation metrics, especially when contrasted with Container Corporation, which has a PE ratio of 37.54, and Aegis Logistics, which has a PE ratio of 48.56. These comparisons reinforce the notion that North Eastn.Car. is undervalued in its sector. Additionally, while the company's recent stock performance has lagged behind the Sensex in the year-to-date period, it has shown significant growth over the last five years, outperforming the index considerably.

What is the technical trend for North Eastn.Car.?

As of May 12, 2025, North Eastn.Car's technical trend is mildly bearish, influenced by daily moving averages and monthly indicators, despite some mildly bullish signals from the weekly MACD and KST.

As of 12 May 2025, the technical trend for North Eastn.Car has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish trend. The daily moving averages are mildly bearish, and the Bollinger Bands are sideways on the weekly chart but mildly bearish on the monthly. The KST is mildly bullish weekly but mildly bearish monthly, and the OBV is mildly bearish for both time frames. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the monthly indicators.

How has been the historical performance of North Eastn.Car.?

North Eastn.Car. experienced mixed financial performance from March 2013 to March 2017, with net sales peaking at 571.76 Cr in March 2014 and declining to 547.99 Cr by March 2017, while operating profit margins and cash flow showed slight declines. Overall, the company maintained a stable cash position despite fluctuations in profits.

Answer:<BR>The historical performance of North Eastn.Car. shows a mixed trend in its financial metrics over the years from March 2013 to March 2017.<BR><BR>Breakdown:<BR>Net sales for North Eastn.Car. increased from 530.65 Cr in March 2015 to 547.99 Cr in March 2017, although it peaked at 571.76 Cr in March 2014. Total operating income followed a similar pattern, reaching 547.99 Cr in March 2017. The total expenditure, excluding depreciation, was 528.93 Cr in March 2017, reflecting a gradual increase from 511.82 Cr in March 2015. Operating profit (PBDIT) was 19.76 Cr in March 2017, slightly down from 21.33 Cr in March 2016. Profit before tax showed a modest increase to 9.01 Cr in March 2017 from 8.96 Cr in March 2016, while profit after tax was 5.60 Cr in March 2017, a slight decrease from 5.64 Cr in March 2016. The earnings per share (EPS) decreased to 1.03 in March 2017 from 1.04 in March 2016. The operating profit margin was 3.48% in March 2017, down from 3.7% in March 2016, indicating a slight decline in profitability. Cash flow from operating activities was negative at -2.00 Cr in March 2017, contrasting with a positive cash flow of 2.00 Cr in March 2016. Overall, while there were fluctuations in sales and profits, the company maintained a consistent cash position with closing cash and cash equivalents remaining at 3.00 Cr from March 2015 to March 2017.

When is the next results date for North Eastern Carrying Corporation Ltd?

The next results date for North Eastern Carrying Corporation Ltd is 06 February 2026.

The next results date for North Eastern Carrying Corporation Ltd is scheduled for 06 February 2026.

Are North Eastern Carrying Corporation Ltd latest results good or bad?

North Eastern Carrying Corporation Ltd's latest results show record net profit and operating margins, but a 6.80% decline in net sales and poor capital efficiency raise concerns about sustainability. Investors should be cautious due to these underlying challenges.

The latest results for North Eastern Carrying Corporation Ltd present a mixed picture. On one hand, the company achieved a record net profit of ₹3.45 crores in Q3 FY26, which is the highest ever for the company, and an operating margin of 9.20%, also a record high. These figures indicate strong profitability and improved cost management.<BR><BR>However, there are significant concerns that overshadow these positive results. The company's net sales for the quarter were ₹71.97 crores, reflecting a 6.80% decline compared to the previous four-quarter average. This decline in revenue, coupled with a one-year return of -52.40%, which significantly underperforms the Sensex's +7.07%, raises red flags about the sustainability of the recent profit surge.<BR><BR>Moreover, the company's capital efficiency metrics are troubling, with a return on capital employed (ROCE) of only 4.04% and a return on equity (ROE) of 3.28%, both of which are considered below average. The stock is also trading significantly below its 52-week high, indicating a lack of investor confidence.<BR><BR>In summary, while the quarterly results show record profitability and margin expansion, the underlying issues with revenue decline and poor capital efficiency suggest that the overall outlook is concerning. Investors should be cautious, as the company faces challenges that could undermine its recent successes.

Should I buy, sell or hold North Eastern Carrying Corporation Ltd?

Why is North Eastern Carrying Corporation Ltd falling/rising?

As of 23-Mar, North Eastern Carrying Corporation Ltd's stock price is at Rs. 12.15, down 6.9%, and has reached a new 52-week low. The stock has underperformed its sector and shows significant declines year-to-date and over the past year, despite a slight increase in delivery volume.

As of 23-Mar, North Eastern Carrying Corporation Ltd's stock price is falling, currently at Rs. 12.15, which reflects a decrease of Rs. 0.9 or 6.9%. The stock has been on a downward trend, having lost 10.66% over the last three days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has reached a new 52-week low today. <BR><BR>In terms of performance relative to the market, the stock has underperformed its sector by 2.52% today and has shown significant declines over various periods, including a 32.87% drop year-to-date and a 47.43% decline over the past year. The logistics sector, in which the company operates, has also experienced a downturn, falling by 4.37%. <BR><BR>Despite a slight increase in delivery volume, which rose by 8.05% against the 5-day average, the overall sentiment around the stock remains negative, contributing to its continued decline.

Why is North Eastern Carrying Corporation Ltd falling/rising?

As of 24-Mar, the stock price of North Eastern Carrying Corporation Ltd is rising by 0.99% after three days of decline, indicating a potential trend reversal. However, it has a year-to-date decline of 32.65% and is trading below all major moving averages, suggesting a bearish long-term trend despite increased investor interest.

As of 24-Mar, the stock price of North Eastern Carrying Corporation Ltd is rising, showing a change of 0.12 (0.99%) upward. This increase comes after three consecutive days of decline, indicating a potential trend reversal. Despite the positive movement today, the stock has significantly underperformed in the longer term, with a year-to-date decline of 32.65% compared to a 13.09% drop in the benchmark Sensex. <BR><BR>Additionally, the stock is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a generally bearish trend over a longer period. However, there is a notable increase in investor participation, with delivery volume rising by 134.17% against the 5-day average, indicating growing interest in the stock. <BR><BR>Furthermore, the logistics sector, in which the company operates, has gained by 2.1%, which may also contribute to the stock's positive movement today. Overall, while the stock is experiencing a rise in price today, it remains under pressure from its historical performance and broader market trends.

Why is North Eastern Carrying Corporation Ltd falling/rising?

As of 25-Mar, North Eastern Carrying Corporation Ltd's stock is at Rs. 12.00, down 1.64% and hitting a 52-week low, reflecting significant underperformance with a year-to-date decline of 33.70%. Weak fundamentals, high debt levels, and negative market sentiment contribute to the stock's ongoing decline.

As of 25-Mar, North Eastern Carrying Corporation Ltd's stock price is falling, currently at Rs. 12.00, which reflects a decrease of Rs. 0.2 or 1.64%. The stock has reached a new 52-week low today, indicating significant downward pressure. Over the past week, the stock has underperformed with a decline of 11.76%, compared to a smaller drop of 1.87% in the Sensex. <BR><BR>In the last month, the stock has fallen by 15.49%, while the Sensex has decreased by 8.51%. Year-to-date, the stock is down 33.70%, significantly worse than the Sensex's decline of 11.67%. Over the past year, the stock has generated a return of -45.85%, starkly contrasting with the Sensex's modest decline of 3.52%. <BR><BR>The company's performance metrics indicate weak long-term fundamentals, with a low Return on Capital Employed (ROCE) of 4.3 and a high Debt to EBITDA ratio of 4.95 times, suggesting challenges in servicing debt. Additionally, the stock is trading below its moving averages across various time frames, which typically signals a bearish trend. <BR><BR>Despite a rise in investor participation, with delivery volume increasing by 38.12% against the 5-day average, the overall market sentiment remains negative. The logistics sector has gained by 2.13%, yet North Eastern Carrying Corporation Ltd has underperformed its sector by 3.84%. The combination of poor financial performance, high debt levels, and significant underperformance relative to benchmarks contributes to the stock's decline.

Which are the latest news on North Eastn.Car.?