Reported Earnings • Feb 15
Third quarter 2026 earnings released: ₹1.13 loss per share (vs ₹0.38 profit in 3Q 2025) Third quarter 2026 results: ₹1.13 loss per share (down from ₹0.38 profit in 3Q 2025). Revenue: ₹773.9m (down 16% from 3Q 2025). Net loss: ₹23.9m (down 399% from profit in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Announcement • Feb 07
Orissa Bengal Carrier Limited to Report Q3, 2026 Results on Feb 14, 2026 Orissa Bengal Carrier Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: ₹1.02 loss per share (vs ₹0.55 profit in 2Q 2025) Second quarter 2026 results: ₹1.02 loss per share (down from ₹0.55 profit in 2Q 2025). Revenue: ₹871.7m (up 9.3% from 2Q 2025). Net loss: ₹21.5m (down 284% from profit in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Announcement • Nov 08
Orissa Bengal Carrier Limited to Report Q2, 2026 Results on Nov 14, 2025 Orissa Bengal Carrier Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Aug 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (₹1.15b market cap, or US$13.0m). Announcement • Aug 14
Orissa Bengal Carrier Limited, Annual General Meeting, Sep 12, 2025 Orissa Bengal Carrier Limited, Annual General Meeting, Sep 12, 2025, at 11:00 Indian Standard Time. Location: a-1, 3 floor, cg elite, complex, opposite mandi gate, pandri, raipur 492001, India Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹0.89 (vs ₹0.48 in 1Q 2025) First quarter 2026 results: EPS: ₹0.89 (up from ₹0.48 in 1Q 2025). Revenue: ₹885.6m (up 17% from 1Q 2025). Net income: ₹18.7m (up 84% from 1Q 2025). Profit margin: 2.1% (up from 1.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Announcement • Aug 09
Orissa Bengal Carrier Limited to Report Q1, 2026 Results on Aug 13, 2025 Orissa Bengal Carrier Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹62.11, the stock trades at a trailing P/E ratio of 56.3x. Average trailing P/E is 21x in the Transportation industry in India. Total loss to shareholders of 47% over the past three years. Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹1.10 (vs ₹1.75 in FY 2024) Full year 2025 results: EPS: ₹1.10 (down from ₹1.75 in FY 2024). Revenue: ₹3.39b (up 2.0% from FY 2024). Net income: ₹23.1m (down 37% from FY 2024). Profit margin: 0.7% (down from 1.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Announcement • May 23
Orissa Bengal Carrier Limited to Report Q4, 2025 Results on May 30, 2025 Orissa Bengal Carrier Limited announced that they will report Q4, 2025 results on May 30, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹0.38 (vs ₹0.65 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.38 (down from ₹0.65 in 3Q 2024). Revenue: ₹918.9m (flat on 3Q 2024). Net income: ₹7.97m (down 50% from 3Q 2024). Profit margin: 0.9% (down from 1.7% in 3Q 2024). Announcement • Feb 07
Orissa Bengal Carrier Limited to Report Q3, 2025 Results on Feb 14, 2025 Orissa Bengal Carrier Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹0.55 (vs ₹1.04 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.55 (down from ₹1.04 in 2Q 2024). Revenue: ₹810.3m (down 10% from 2Q 2024). Net income: ₹11.7m (down 40% from 2Q 2024). Profit margin: 1.4% (down from 2.2% in 2Q 2024). Announcement • Nov 07
Orissa Bengal Carrier Limited to Report Q2, 2025 Results on Nov 14, 2024 Orissa Bengal Carrier Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Aug 06
Orissa Bengal Carrier Limited to Report Q1, 2025 Results on Aug 14, 2024 Orissa Bengal Carrier Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • Aug 01
Full year 2024 earnings released: EPS: ₹1.75 (vs ₹1.74 in FY 2023) Full year 2024 results: EPS: ₹1.75 (up from ₹1.74 in FY 2023). Revenue: ₹3.33b (down 9.3% from FY 2023). Net income: ₹36.9m (flat on FY 2023). Profit margin: 1.1% (up from 1.0% in FY 2023). Announcement • Jul 29
Orissa Bengal Carrier Limited, Annual General Meeting, Aug 27, 2024 Orissa Bengal Carrier Limited, Annual General Meeting, Aug 27, 2024, at 11:00 Indian Standard Time. Location: a-1, 3` floor, cg elite complex, opposite mandi gate, pandri, raipur, chhattisgarh-492001., raipur India Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹1.75 (vs ₹1.74 in FY 2023) Full year 2024 results: EPS: ₹1.75 (up from ₹1.74 in FY 2023). Revenue: ₹3.35b (down 8.7% from FY 2023). Net income: ₹36.9m (flat on FY 2023). Profit margin: 1.1% (up from 1.0% in FY 2023). The increase in margin was driven by lower expenses. Announcement • May 25
Orissa Bengal Carrier Limited to Report Q4, 2024 Results on May 30, 2024 Orissa Bengal Carrier Limited announced that they will report Q4, 2024 results on May 30, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: ₹0.65 (vs ₹1.13 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.65 (down from ₹1.13 in 3Q 2023). Revenue: ₹926.2m (flat on 3Q 2023). Net income: ₹16.0m (down 33% from 3Q 2023). Profit margin: 1.7% (down from 2.6% in 3Q 2023). Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹1.04 (vs ₹1.54 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.04 (down from ₹1.54 in 2Q 2023). Revenue: ₹908.6m (down 12% from 2Q 2023). Net income: ₹19.5m (down 40% from 2Q 2023). Profit margin: 2.1% (down from 3.1% in 2Q 2023). Announcement • Oct 31
Orissa Bengal Carrier Limited to Report Q2, 2024 Results on Nov 06, 2023 Orissa Bengal Carrier Limited announced that they will report Q2, 2024 results on Nov 06, 2023 Announcement • Oct 18
Orissa Bengal Carrier Limited Announces Mr. Sourabh Agrawal Resigns as Independent Director Orissa Bengal Carrier Limited announced that, Mr. Sourabh Agrawal, Independent Director of Orissa Bengal Carrier Limited has tendered his resignation from his office due to his former partnership in the firm M/s. Agrawal Mahendra & Co., Chartered Accountants, in the preceding Financial Year. New Risk • Oct 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (₹1.16b market cap, or US$13.9m). Announcement • Sep 21
Orissa Bengal Carrier Limited Appoints Manish Kumar Agrawal as an Independent Director Orissa Bengal Carrier Limited announced that at the AGM held on September 20, 2023 approved the appointment of Mr. Manish Kumar Agrawal as an Independent Director of the Company. Recent Insider Transactions • Aug 27
MD & Director recently sold ₹9.8m worth of stock On the 23rd of August, Ravi Agrawal sold around 200k shares on-market at roughly ₹49.00 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Ravi's only on-market trade for the last 12 months. Announcement • Aug 22
Orissa Bengal Carrier Limited, Annual General Meeting, Sep 20, 2023 Orissa Bengal Carrier Limited, Annual General Meeting, Sep 20, 2023, at 10:00 Indian Standard Time. Location: Corporate Office of the Company situated at A-1, 34 Floor, CG Elite Complex, Opposite Mandi Gate, Pandri, Raipur Chhattisgarh India Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: ₹1.09 (vs ₹1.48 in 1Q 2023) First quarter 2024 results: EPS: ₹1.09 (down from ₹1.48 in 1Q 2023). Revenue: ₹789.6m (down 13% from 1Q 2023). Net income: ₹22.9m (down 27% from 1Q 2023). Profit margin: 2.9% (down from 3.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Announcement • Aug 05
Orissa Bengal Carrier Limited to Report Q1, 2024 Results on Aug 11, 2023 Orissa Bengal Carrier Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Announcement • Jul 01
Orissa Bengal Carrier Limited Appoints Priti Agrawal as Additional Director, Effective July 01, 2023 Orissa Bengal Carrier Limited at its Board Meeting Held On, June 30, 2023 appointment of Ms. Priti Agrawal as an Additional Director of the Company. Ms. Priti Agrawal is Master of Business administration from Disha Institute of Management andTechnology, Raipur. She is also serving as a director on the Governing Boards of OBCL Infrastructure Private Limited and Jai Bhole Realty Projects Private Limited. She brings in experience in the field of management, finance and advisory. Date of Birth; September 05, 1987. Date of Appointment; July 01, 2023. Expertise in specific functional area; Management, Finance, Advisor. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹62.20, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 30x in the Transportation industry in India. Total loss to shareholders of 51% over the past year. Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹1.76 (vs ₹3.72 in FY 2022) Full year 2023 results: EPS: ₹1.76 (down from ₹3.72 in FY 2022). Revenue: ₹3.69b (up 22% from FY 2022). Net income: ₹36.7m (down 53% from FY 2022). Profit margin: 1.0% (down from 2.6% in FY 2022). The decrease in margin was driven by higher expenses. Announcement • May 20
Orissa Bengal Carrier Limited to Report Q4, 2023 Results on May 26, 2023 Orissa Bengal Carrier Limited announced that they will report Q4, 2023 results on May 26, 2023 Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹63.05, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 17x in the Transportation industry in India. Total loss to shareholders of 60% over the past year. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹60.10, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 18x in the Transportation industry in India. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹59.90, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 19x in the Transportation industry in India. Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: ₹1.13 (vs ₹0.95 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.13 (up from ₹0.95 in 3Q 2022). Revenue: ₹929.5m (up 19% from 3Q 2022). Net income: ₹23.9m (up 19% from 3Q 2022). Profit margin: 2.6% (in line with 3Q 2022). Announcement • Feb 07
Orissa Bengal Carrier Limited to Report Q3, 2023 Results on Feb 13, 2023 Orissa Bengal Carrier Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Ashish Dakalia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 12
Orissa Bengal Carrier Limited Announces Executive Changes Orissa Bengal Carrier Limited at board of directors meeting held on November 11, 2022 has noted the resignation of Mr. Akshay Agarwal from the post of chief financial officer of the company with effect from November 12, 2022 and considered and approved the appointment of Mr. Kapil Mittal as chief financial officer with effect from November 12, 2022. Announcement • Nov 05
Orissa Bengal Carrier Limited to Report Q2, 2023 Results on Nov 11, 2022 Orissa Bengal Carrier Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹74.95, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 24x in the Transportation industry in India. Reported Earnings • Aug 05
First quarter 2023 earnings released: EPS: ₹1.48 (vs ₹0.91 in 1Q 2022) First quarter 2023 results: EPS: ₹1.48 (up from ₹0.91 in 1Q 2022). Revenue: ₹911.1m (up 24% from 1Q 2022). Net income: ₹31.3m (up 64% from 1Q 2022). Profit margin: 3.4% (up from 2.6% in 1Q 2022). The increase in margin was driven by higher revenue. Announcement • Aug 05
Orissa Bengal Carrier Limited, Annual General Meeting, Sep 06, 2022 Orissa Bengal Carrier Limited, Annual General Meeting, Sep 06, 2022, at 10:00 Indian Standard Time. Location: Corporate Office of the Companysituated at A-1, 3rd Floor, C.G.Elite Complex Opp. Mandi Gate, Pandri Main Road Raipur Chhattisgarh India Agenda: To approve the revision remuneration of Ravi Agrawal, Managing Director of the Company. Announcement • Jul 30
Orissa Bengal Carrier Limited to Report Q1, 2023 Results on Aug 04, 2022 Orissa Bengal Carrier Limited announced that they will report Q1, 2023 results on Aug 04, 2022 Reported Earnings • Jun 05
Full year 2022 earnings released: EPS: ₹3.71 (vs ₹2.77 in FY 2021) Full year 2022 results: EPS: ₹3.71 (up from ₹2.77 in FY 2021). Revenue: ₹3.03b (down 11% from FY 2021). Net income: ₹78.3m (up 34% from FY 2021). Profit margin: 2.6% (up from 1.7% in FY 2021). The increase in margin was driven by lower expenses. Announcement • Jun 01
Orissa Bengal Carrier Limited Announces Change in Management Orissa Bengal Carrier Limited announced at extra ordinary general meeting held on May 28, 2022, approved the appointment of Mr. Gopal Kumar Agrawalla as a Non- Executive Non-Independent Director of the Company and the change in designation of Mr. Ravi Agrawal, Whole- time Director to Managing Director of the company. Accordingly, the revised composition of the board of directors of the company is as follows:-Mr. Gopal Kumar Agrawalla Chairman- Non-Executive Director, Mr. Ravi Agrawal as Managing Director. Mr. Manoj Kumar Agrawal -whole-time Director. Mrs. Shakuntala Devi Agrawal as non executive director. Mr. Ashish Dakalia:-Independent Director. Mr. Sourabh Agrawal:-Independent Director. Announcement • May 31
Orissa Bengal Carrier Limited Announces Re-Designation of Ravi Agrawal from Whole-Time Director to Managing Director Orissa Bengal Carrier Limited at the EGM held on May 28, 2022, announced change in Designation of Mr. Ravi Agrawal, Whole-time Director to Managing Director of the Company. Announcement • May 25
Orissa Bengal Carrier Limited to Report Q4, 2022 Results on May 30, 2022 Orissa Bengal Carrier Limited announced that they will report Q4, 2022 results on May 30, 2022 Buying Opportunity • Apr 27
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be ₹182, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 18%. Board Change • Apr 08
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Ashish Dakalia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 