North Eastern Carrying Corporation LimitedNECCLTDCorporate

Logistics Solution Provider Latest results: Mar 2026 13 quarters of data
₹19.47
MCap ₹203 Cr · P/E 26.2
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹96 Cr
Sales · Mar 2026
+9.2% YoY
₹2 Cr
Operating Profit · Mar 2026
-13.7% YoY
2.2%
OPM % · Mar 2026
-21.4% YoY
₹1 Cr
Net Profit · Mar 2026
-60.2% YoY
₹0.07
EPS · Mar 2026
-61.1% YoY

📝 North Eastern Carrying Corporation Limited — results explained

Quarter ended March 2026 (Q4 FY26)

North Eastern Carrying Corporation Limited reported revenue of ₹96 crore for the quarter ended March 2026 (Q4 FY26), up 9.2% from ₹88 crore in the same quarter last year, and up 33.7% sequentially over the December 2025 quarter.

Net profit fell 60.2% year-on-year to ₹1 crore, from ₹2 crore. Earnings per share (EPS) came in at ₹0.07.

Operating profit stood at ₹2 crore — an operating margin (OPM) of 2.2%, compared with 2.8% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, North Eastern Carrying Corporation Limited posted revenue of ₹308 crore, a decline of 6.3% over FY25, with a net profit of ₹8 crore (down 24.3% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹308 crore with a net profit of ₹8 crore.

Valuation snapshot

At the current price of ₹19.47, NECCLTD has a market capitalisation of ₹203 crore and a trailing P/E of about 26.2.

Within the Logistics Solution Provider industry, it is the 25th-largest of the 51 companies we track by market value.

Shareholding pattern

As of Oct 2026, promoters held 55.21%, public shareholders 44.79% of North Eastern Carrying Corporation Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹203 Cr
Current Price ?
₹19.5
P/E ?
26.25above ind
Industry P/E ?
15.40
P/B ?
0.90
P/S ?
0.66
P/FCF ?
-9.69
Enterprise Value ?
₹327 Cr
EV/EBITDA ?
19.36
PEG ?
2.39
Earnings Yield ?
4.2%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹308 Cr
OPM ?
5.5%
Profit after tax (TTM) ?
₹8 Cr
EPS (TTM) ?
₹0.74
ROCE ?
6.0%
ROE ?
3.4%
ROA ?
2.1%
Growth
Sales — latest qtr ?
₹96 Cr
PAT — latest qtr ?
₹1 Cr
YoY qtr sales growth ?
9.2%
YoY qtr profit growth ?
-60.2%
Sales growth (3y) ?
0%
Sales growth (5y) ?
6%
Profit growth (3y) ?
11%
Profit growth (5y) ?
40%
Financial Health
Debt ?
₹124 Cr
Debt to Equity ?
0.55
Interest Coverage ?
1.5
Current Ratio ?
N/A
Ownership
Promoter holding ?
55.21%
Change in promoter holding ?
1.02%
Pledged percentage ?
N/A
Market
Return 3 months ?
24.6%
Return 6 months ?
18.7%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 73847486927882818869717296 +9.2% +33.7%
Operating Profit 6556587525372 -13.7% -67.5%
Other Income 0000100000312 +626.9% +36.7%
Interest 2223222212222 +61.2% -9.8%
Depreciation 1111111111111 +75.9% +20.0%
Profit Before Tax 3223359312351 +3.6% -81.9%
Net Profit 1113343222231 -60.2% -79.7%
EPS 0.120.160.120.270.300.380.290.200.180.180.180.340.07 -61.1% -79.4%
OPM % 7.8% 5.7% 6.5% 7.5% 5.2% 9.8% 8.0% 6.6% 2.8% 7.7% 4.0% 9.2% 2.2% -21.4% -76.1%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹329 Cr ₹308 Cr ₹308 Cr -6.3%
Operating Profit ₹22 Cr ₹17 Cr ₹17 Cr -23.0%
OPM % 6.68% 5.49% 5.49% -17.8%
NPM % 3.12% 2.52% 2.52% -19.2%
Other Income ₹1 Cr ₹6 Cr ₹6 Cr +790.3%
Depreciation ₹3 Cr ₹3 Cr ₹3 Cr -1.5%
Interest ₹7 Cr ₹9 Cr ₹9 Cr +31.6%
EBIT ₹19 Cr ₹14 Cr ₹14 Cr -26.7%
PBT ₹18 Cr ₹11 Cr ₹11 Cr -41.7%
Tax ₹1 Cr ₹1 Cr ₹1 Cr +33.6%
Net Profit ₹10 Cr ₹8 Cr ₹8 Cr -24.3%
EPS ₹1.05 ₹0.77 ₹0.77 -26.7%
Material Cost — — — —
Employee Cost ₹5 Cr ₹4 Cr ₹4 Cr -15.8%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 5095100100 +0.0%
Reserves 5599119127 +6.7%
Borrowings 119103106124 +17.0%
Other Liabilities 20202021 +5.0%
Total Liabilities 243317345372 +7.8%
Fixed Assets 1413824 +200.0%
CWIP -0-04-0 -100.0%
Investments -0559 +80.0%
Other Assets 230299327340 +4.0%
Total Assets 243317345372 +7.8%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -14-46-21-9 +57.1%
Cash from Investing Activity -3-6-2-16 -700.0%
Cash from Financing Activity 18651719 +11.8%
Net Cash Flow 013-6-6 +0.0%
Free Cash Flow -18-48-23-21 +8.7%
CFO/OP -58%-206%-81%-41% +49.4%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 138131138154 +11.6%
Cash Conversion Cycle 138131138154 +11.6%
Working Capital Days 119178209235 +12.4%
ROCE % 8%7%7%6% -14.3%

👥 Shareholding (latest 6 periods)

Metric Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026Oct 2026 % Chg
Promoters 54.19%54.19%54.19%56.16%55.21%55.21% +0.0%
FIIs 0.02%0.00%0.00%0.00%—— —
Public 45.79%45.80%45.81%43.83%44.79%44.79% +0.0%
No. of Shareholders 45,72544,17142,90942,27841,05241,052 +0.0%

⚖️ Peer comparison

Industry: Logistics Solution Provider · top 25 of 51 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 TCI Transport ₹848.35 6,518 14.3 5,026 460 10.6% 9.2% 9.5% 10.7% 9.6% -0.6%
2 TVSSCS TVS Supply ₹125.17 5,523 85.7 11,746 68 7.1% 0.6% 10.1% 1241.8% 28.7% -68.4%
3 VRLLOG VRL Logistics ₹288.30 5,043 18.9 3,356 268 20.4% 8.0% 1.9% 30.2% 18.1% 61.1%
4 MAHLOG Mahindra Logistics ₹396.45 3,936 90.4 7,378 48 4.5% 0.6% 14.7% 135.2% 23.3% 394.8%
5 GATEWAY Gateway Distriparks ₹52.34 2,615 10.7 2,210 248 21.6% 11.2% 31.6% -30.6% -0.2% -17.6%
6 TCIEXP TCI Express ₹471.30 1,812 20.0 1,262 91 10.8% 7.2% 2.3% -0.8% 8.8% 6.4%
7 ALLCARGO Allcargo Logistics ₹11.88 1,779 54.0 1,640 34 11.8% 2.1% -82.1% -85.0% 11.2% 216.7%
8 NAVKARCORP Navkar ₹88.19 1,327 — — — — — — — — —
9 RIIL Reliance Industrial ₹663.00 1,001 84.5 38 12 -25.1% 31.4% -18.8% 3.6% -31.4% -8.5%
10 SVLL Shree Vasu ₹805.00 925 129.2 239 7 25.6% 3.0% 53.3% 164.6% 30.2% 74.1%
11 WCIL Western Carriers ₹87.45 892 24.3 1,878 37 4.4% 2.0% 6.0% -40.4% 11.8% -19.4%
12 RITCO Ritco Logistics ₹280.90 800 19.2 1,510 26 6.3% 1.8% 26.0% -21.4% 3.0% -61.2%
13 SJLOGISTIC S J ₹457.00 699 — — — — — 135.9% 198.9% 33.5% 48.3%
14 SICALLOG Sical Logistics ₹85.98 686 8.9 192 64 22.2% 33.3% 306.5% 191.2% 61.5% 405.8%
15 TREL Transindia Real ₹27.03 664 16.2 85 41 51.6% 48.4% 1.3% -29.8% 4.2% 54.1%
16 SNOWMAN Snowman Logistics ₹34.42 576 107.6 619 5 15.4% 0.9% 9.4% -42.0% 9.2% 79.0%
17 GLOTTIS Glottis ₹58.01 536 14.9 789 36 6.2% 4.6% — — 39.6% -10.9%
18 LANCER Lancer Containe. ₹12.17 452 75.4 394 6 0.2% 1.5% -43.4% 1319.5% 18.1% 133.9%
19 AVG AVG Logistics ₹179.99 337 9.9 565 28 14.7% 4.9% 1.1% 22.7% 6.0% 29.8%
20 OMFREIGHT Om Freight ₹90.00 303 15.5 556 19 5.6% 3.5% — — 104.8% 124.6%
21 PRLIND Premier Road ₹130.70 299 21.9 331 14 7.6% 4.1% — — 8.3% -41.1%
22 TIGERLOGS Tiger Logistics ₹27.09 286 17.0 679 16 2.8% 2.4% 52.4% 15.5% 33.4% -32.2%
23 DJML DJ Mediaprint ₹79.69 286 25.4 125 11 18.7% 8.6% 49.1% 60.2% 40.1% 12.8%
24 GICL Globe International ₹24.69 276 22.5 177 12 11.2% 6.7% -6.6% 97.8% 5.0% 12.0%
25 NECCLTD North Eastern ₹18.95 198 40.3 503 4 3.4% 0.9% 1.8% -0.5% -38.8% -70.0%
❓ Frequently asked questions
What was North Eastern Carrying Corporation Limited's revenue in Q4 FY26?
North Eastern Carrying Corporation Limited reported revenue of ₹96 crore for the quarter ended March 2026 (Q4 FY26), up 9.2% from ₹88 crore in the same quarter last year, and up 33.7% sequentially over the December 2025 quarter.
What was North Eastern Carrying Corporation Limited's net profit in Q4 FY26?
Net profit fell 60.2% year-on-year to ₹1 crore, from ₹2 crore. Earnings per share (EPS) came in at ₹0.07.
What is NECCLTD's market capitalisation and P/E ratio?
At the current price of ₹19.47, NECCLTD has a market capitalisation of ₹203 crore and a trailing P/E of about 26.2.
Who owns North Eastern Carrying Corporation Limited? (shareholding pattern)
As of Oct 2026, promoters held 55.21%, public shareholders 44.79% of North Eastern Carrying Corporation Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI