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North Eastern Carrying NSEI:NECCLTD Stock Report

Last Price

₹37.45

Market Cap

₹3.8b

7D

6.5%

1Y

30.5%

Updated

02 Jan, 2025

Data

Company Financials

North Eastern Carrying Corporation Limited

NSEI:NECCLTD Stock Report

Market Cap: ₹3.8b

NECCLTD Stock Overview

Provides transportation services in India. More details

NECCLTD fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends0/6

Rewards

Price-To-Earnings ratio (31.5x) is below the Indian market (32.7x)

Earnings grew by 102.2% over the past year

Risk Analysis

High level of non-cash earnings

Shareholders have been diluted in the past year

Does not have a meaningful market cap (₹4B)


My Notes

Capture your thoughts, links and company narrative

North Eastern Carrying Corporation Limited Competitors

Globe International Carriers

NSEI:GICL

₹2.5b

AVG Logistics

NSEI:AVG

₹5.2b

Premier Roadlines

NSEI:PRLIND

₹2.7b

DRS Dilip Roadlines

NSEI:DRSDILIP

₹1.8b

Price History & Performance

Summary of share price highs, lows and changes for North Eastern Carrying
Historical stock prices
Current Share Price₹37.45
52 Week High₹44.44
52 Week Low₹21.95
Beta1.29
1 Month Change6.70%
3 Month Change20.46%
1 Year Change30.49%
3 Year Change103.53%
5 Year Change613.33%
Change since IPO-21.98%

Recent News & Updates

There's Reason For Concern Over North Eastern Carrying Corporation Limited's (NSE:NECCLTD) Massive 26% Price Jump

Nov 11
There's Reason For Concern Over North Eastern Carrying Corporation Limited's (NSE:NECCLTD) Massive 26% Price Jump

North Eastern Carrying's (NSE:NECCLTD) Earnings Are Weaker Than They Seem

Nov 07
North Eastern Carrying's (NSE:NECCLTD) Earnings Are Weaker Than They Seem

Some Investors May Be Worried About North Eastern Carrying's (NSE:NECCLTD) Returns On Capital

Nov 07
Some Investors May Be Worried About North Eastern Carrying's (NSE:NECCLTD) Returns On Capital

Recent updates

There's Reason For Concern Over North Eastern Carrying Corporation Limited's (NSE:NECCLTD) Massive 26% Price Jump

Nov 11
There's Reason For Concern Over North Eastern Carrying Corporation Limited's (NSE:NECCLTD) Massive 26% Price Jump

North Eastern Carrying's (NSE:NECCLTD) Earnings Are Weaker Than They Seem

Nov 07
North Eastern Carrying's (NSE:NECCLTD) Earnings Are Weaker Than They Seem

Some Investors May Be Worried About North Eastern Carrying's (NSE:NECCLTD) Returns On Capital

Nov 07
Some Investors May Be Worried About North Eastern Carrying's (NSE:NECCLTD) Returns On Capital

Even With A 28% Surge, Cautious Investors Are Not Rewarding North Eastern Carrying Corporation Limited's (NSE:NECCLTD) Performance Completely

Jul 05
Even With A 28% Surge, Cautious Investors Are Not Rewarding North Eastern Carrying Corporation Limited's (NSE:NECCLTD) Performance Completely

After Leaping 45% North Eastern Carrying Corporation Limited (NSE:NECCLTD) Shares Are Not Flying Under The Radar

Dec 18
After Leaping 45% North Eastern Carrying Corporation Limited (NSE:NECCLTD) Shares Are Not Flying Under The Radar

North Eastern Carrying's (NSE:NECCLTD) Returns Have Hit A Wall

Dec 14
North Eastern Carrying's (NSE:NECCLTD) Returns Have Hit A Wall

We Think North Eastern Carrying (NSE:NECCLTD) Can Stay On Top Of Its Debt

Nov 06
We Think North Eastern Carrying (NSE:NECCLTD) Can Stay On Top Of Its Debt

Is North Eastern Carrying (NSE:NECCLTD) Using Too Much Debt?

Mar 27
Is North Eastern Carrying (NSE:NECCLTD) Using Too Much Debt?

Here's What To Make Of North Eastern Carrying's (NSE:NECCLTD) Decelerating Rates Of Return

Feb 28
Here's What To Make Of North Eastern Carrying's (NSE:NECCLTD) Decelerating Rates Of Return

Shareholders May Not Be So Generous With North Eastern Carrying Corporation Limited's (NSE:NECCLTD) CEO Compensation And Here's Why

Sep 24
Shareholders May Not Be So Generous With North Eastern Carrying Corporation Limited's (NSE:NECCLTD) CEO Compensation And Here's Why

Does North Eastern Carrying (NSE:NECCLTD) Have A Healthy Balance Sheet?

Jun 23
Does North Eastern Carrying (NSE:NECCLTD) Have A Healthy Balance Sheet?

North Eastern Carrying (NSE:NECCLTD) Could Be Struggling To Allocate Capital

May 11
North Eastern Carrying (NSE:NECCLTD) Could Be Struggling To Allocate Capital

North Eastern Carrying (NSE:NECCLTD) Has A Pretty Healthy Balance Sheet

Feb 09
North Eastern Carrying (NSE:NECCLTD) Has A Pretty Healthy Balance Sheet

Returns On Capital At North Eastern Carrying (NSE:NECCLTD) Paint A Concerning Picture

Jan 10
Returns On Capital At North Eastern Carrying (NSE:NECCLTD) Paint A Concerning Picture

Increases to North Eastern Carrying Corporation Limited's (NSE:NECCLTD) CEO Compensation Might Cool off for now

Sep 22
Increases to North Eastern Carrying Corporation Limited's (NSE:NECCLTD) CEO Compensation Might Cool off for now

Is North Eastern Carrying (NSE:NECCLTD) Using Too Much Debt?

Jul 28
Is North Eastern Carrying (NSE:NECCLTD) Using Too Much Debt?

The Returns On Capital At North Eastern Carrying (NSE:NECCLTD) Don't Inspire Confidence

Jun 22
The Returns On Capital At North Eastern Carrying (NSE:NECCLTD) Don't Inspire Confidence

We Think North Eastern Carrying (NSE:NECCLTD) Is Taking Some Risk With Its Debt

Mar 02
We Think North Eastern Carrying (NSE:NECCLTD) Is Taking Some Risk With Its Debt

A Look At North Eastern Carrying's (NSE:NECCLTD) CEO Remuneration

Jan 26
A Look At North Eastern Carrying's (NSE:NECCLTD) CEO Remuneration

Should You Be Impressed By North Eastern Carrying's (NSE:NECCLTD) Returns on Capital?

Dec 22
Should You Be Impressed By North Eastern Carrying's (NSE:NECCLTD) Returns on Capital?

We Think North Eastern Carrying (NSE:NECCLTD) Is Taking Some Risk With Its Debt

Nov 17
We Think North Eastern Carrying (NSE:NECCLTD) Is Taking Some Risk With Its Debt

Shareholder Returns

NECCLTDIN TransportationIN Market
7D6.5%1.7%1.8%
1Y30.5%-13.7%18.0%

Return vs Industry: NECCLTD exceeded the Indian Transportation industry which returned -12.3% over the past year.

Return vs Market: NECCLTD exceeded the Indian Market which returned 17.4% over the past year.

Price Volatility

Is NECCLTD's price volatile compared to industry and market?
NECCLTD volatility
NECCLTD Average Weekly Movement7.5%
Transportation Industry Average Movement7.0%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: NECCLTD has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: NECCLTD's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1984478Sunil Jainwww.neccgroup.com

North Eastern Carrying Corporation Limited provides transportation services in India. The company offers goods/small parcels, full truck load, bulk movements, over dimensional consignments, and warehousing and 3PL services. It operates through a network of branches in India, Nepal, Bhutan, and Bangladesh.

North Eastern Carrying Corporation Limited Fundamentals Summary

How do North Eastern Carrying's earnings and revenue compare to its market cap?
NECCLTD fundamental statistics
Market cap₹3.75b
Earnings (TTM)₹119.28m
Revenue (TTM)₹3.37b

31.5x

P/E Ratio

1.1x

P/S Ratio

Is NECCLTD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NECCLTD income statement (TTM)
Revenue₹3.37b
Cost of Revenue₹2.93b
Gross Profit₹440.30m
Other Expenses₹321.01m
Earnings₹119.28m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.19
Gross Margin13.07%
Net Profit Margin3.54%
Debt/Equity Ratio44.0%

How did NECCLTD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 11:03
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

North Eastern Carrying Corporation Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vinayak M.FirstCall Research