ScoreWhy is North Eastern Carrying Corporation Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 6.64%
- Poor long term growth as Net Sales has grown by an annual rate of 5.96% and Operating profit at 18.41% over the last 5 years
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.91 times
2
Negative results in Mar 26
- PAT(Q) At Rs 0.70 cr has Fallen at -68.2% (vs previous 4Q average)
- INTEREST(9M) At Rs 6.86 cr has Grown at 21.42%
- DEBTORS TURNOVER RATIO(HY) Lowest at 2.32 times
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -38.00% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Transport Services)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is North Eastn.Car. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
North Eastn.Car.
-38.62%
-0.95
40.12%
Sensex
-8.05%
-0.63
13.07%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
5.96%
EBIT Growth (5y)
18.41%
EBIT to Interest (avg)
2.03
Debt to EBITDA (avg)
6.27
Net Debt to Equity (avg)
0.48
Sales to Capital Employed (avg)
1.14
Tax Ratio
27.30%
Dividend Payout Ratio
0
Pledged Shares
11.26%
Institutional Holding
0
ROCE (avg)
5.94%
ROE (avg)
5.09%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
20
Industry P/E
33
Price to Book Value
0.68
EV to EBIT
19.10
EV to EBITDA
15.43
EV to Capital Employed
0.78
EV to Sales
0.85
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
4.32%
ROE (Latest)
3.43%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend3What is working for the Company
NET SALES(Q)
Highest at Rs 96.23 cr
EPS(Q)
Highest at Rs 0.70
-17What is not working for the Company
PAT(Q)
At Rs 0.70 cr has Fallen at -68.2% (vs previous 4Q average
INTEREST(9M)
At Rs 6.86 cr has Grown at 21.42%
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.32 times
OPERATING PROFIT TO INTEREST (Q)
Lowest at 1.00 times
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 10.80 cr
PBDIT(Q)
Lowest at Rs 2.15 cr.
OPERATING PROFIT TO NET SALES (Q)
Lowest at 2.23%
PBT LESS OI(Q)
Lowest at Rs -1.03 cr.
NON-OPERATING INCOME(Q)
is 219.77 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for North Eastn.Car.
Net Sales - Quarterly
Highest at Rs 96.23 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 96.23 cr has Grown at 28.3% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 74.98 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 0.70
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for North Eastn.Car.
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -1.03 cr has Fallen at -169.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 1.49 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 0.70 cr has Fallen at -68.2% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 2.20 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Profit to Interest - Quarterly
Lowest at 1.00 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Debtors Turnover Ratio- Half Yearly
Lowest at 2.32 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Interest - Nine Monthly
At Rs 6.86 cr has Grown at 21.42%
over preceding nine months periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 2.15 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 2.23%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs -1.03 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 219.77 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 10.80 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
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