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North Eastern Carry. share price

North Eastern Carrying Corporation Ltd.

NSE: NECCLTD BSE: 534615 SECTOR: Logistics  24k   39   4

22.75
+0.45 (2.02%)
NSE: 28 Mar 4:00 PM

Price Summary

Today's High

₹ 23.75

Today's Low

₹ 22.6

52 Week High

₹ 37.4

52 Week Low

₹ 15.78

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

216.98 Cr.

Enterprise Value

327.85 Cr.

No. of Shares

9.54 Cr.

P/E

34.53

P/B

1.25

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  18.16

CASH

8.15 Cr.

DEBT

119.02 Cr.

Promoter Holding

52.67 %

EPS (TTM)

₹  0.66

Sales Growth

22.22%

ROE

5.66 %

ROCE

8.34%

Profit Growth

35.55 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year22.22%
3 Year-6.65%
5 Year-4.48%

Profit Growth

1 Year40.53%
3 Year-2.49%
5 Year8.87%

ROE%

1 Year5.66%
3 Year3.86%
5 Year4.81%

ROCE %

1 Year8.34%
3 Year6.53%
5 Year7.63%

Debt/Equity

1.135

Price to Cash Flow

-15.06

Interest Cover Ratio

2.13521902438435

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 52.67 0
Sep 2023 52.67 0
Jun 2023 52.67 0
Mar 2023 52.67 0
Dec 2022 52.67 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company’s PEG ratio is 0.971256917118123.
  • The company has a high promoter holding of 52.67%.

 Limitations

  • The company has shown a poor profit growth of -3.3370918331337% for the Past 3 years.
  • The company has shown a poor revenue growth of -6.64908277631471% for the Past 3 years.
  • Company has a poor ROE of 3.86058852045857% over the past 3 years.
  • Company has negative cash flow from operations of -14.411.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 72.13 73.39 83.85 73.84 85.59
Total Expenditure 66.94 67.63 79.1 69.03 79.14
Operating Profit 5.19 5.76 4.75 4.8 6.45
Other Income 0.37 0.04 0.29 0.11 0.1
Interest 1.91 2.37 2.25 2.04 2.57
Depreciation 0.7 0.72 0.79 0.78 0.88
Exceptional Items 0 0 0 0 0
Profit Before Tax 2.95 2.71 2 2.1 3.09
Tax 0.82 1.58 0.51 0.95 0.58
Profit After Tax 2.13 1.13 1.49 1.15 2.52
Adjusted EPS (Rs) 0.39 0.21 0.3 0.16 0.26

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 342.92 376.15 230.55 250.36 305.99
Total Expenditure 328.09 358.69 220.92 235.07 285.89
Operating Profit 14.84 17.46 9.63 15.29 20.1
Other Income 1.38 1.9 2.15 0.43 0.42
Interest 5.78 7.49 7.5 6.3 8.28
Depreciation 3.4 3.11 3.1 3.73 2.84
Exceptional Items 0 0 0 0 0
Profit Before Tax 7.03 8.76 1.18 5.69 9.4
Tax 2.49 2.37 -0.25 1.43 3.63
Net Profit 4.53 6.39 1.43 4.22 5.92
Adjusted EPS (Rs.) 0.84 1.18 0.26 0.79 1.07

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 50.2 50.2 50.2 50.2 50.2
Total Reserves 36.7 43.09 44.52 48.74 54.66
Borrowings 6.41 3.71 1.59 2.83 8.41
Other N/C liabilities -0.54 -0.64 -0.77 1.47 1.99
Current liabilities 88.9 102.48 100.08 113.54 127.81
Total Liabilities 181.67 198.84 195.62 216.77 243.07
Assets
Net Block 20.32 16.76 13.83 12.94 13.67
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 4.36 3.01 2.92 2.81 2.94
Other N/C Assets 0 0 0 0 0
Current Assets 156.99 179.07 178.87 201.02 226.46
Total Assets 181.67 198.84 195.62 216.77 243.07
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 7.03 8.76 1.18 5.69 9.55
Adjustment 2.88 3.83 2.53 3.27 2.46
Changes in Assets & Liabilities -19.98 -14.03 -14.34 -17.41 -23.56
Tax Paid -2.66 -2.47 0.12 -1.75 -2.86
Operating Cash Flow -12.73 -3.91 -10.51 -10.21 -14.41
Investing Cash Flow -4.49 -0.27 0.4 -2.43 -3.19
Financing Cash Flow 18.63 3.75 10.05 14.77 18.08
Net Cash Flow 1.41 -0.43 -0.06 2.13 0.48

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 52.67 52.67 52.67 52.67 52.67
necc automobiles pvt ltd 16.60 16.60 16.60 16.60 16.60
necc securities pvt ltd 15.25 15.25 15.25 15.25 15.25
suvi developers private l... 3.25 3.25 3.25 3.25 3.25
utkarsh jain 7.57 7.57 7.57 7.57 7.57
vanya jain 10.00 10.00 10.00 10.00 10.00
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 47.33 47.33 47.33 47.33 47.33
brilliant investment cons... - - - - 2.58
discovery buildcon privat... - - - 2.58 2.58
forest vincom private - - - - 3.03
nishchaya tradings privat... - - - 2.58 1.72
peeyush kumar aggarwal 2.89 2.89 2.89 1.52 1.52
religare finvest ltd 12.03 12.03 12.03 6.33 6.33
sawarnbhumi vanijya priva... - - - 2.58 1.60
waybroad trading private - - - - 2.58
brilliant investment cons... - - - 2.58 -
forest vincom private lim... - - - 2.58 -
waybroad trading private ... - - - 2.58 -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ3FY22 27 Jan 2022

Company News

North Eastern Carrying Corporation informs about clarification13 Mar 2024, 3:07PM North Eastern Carrying Corporation informs about scrutinizer report11 Mar 2024, 3:17PM North Eastern Carrying Corporation informs about EGM proceedings8 Mar 2024, 4:52PM North Eastern Carrying Corporation informs about press release29 Feb 2024, 11:07AM North Eastern Carry. - Quaterly Results14 Feb 2024, 7:12PM North Eastern Carry. - Quaterly Results14 Feb 2024, 7:12PM NECC secures order worth Rs 52.48 crore from GAIL11 Dec 2023, 3:54PM North Eastern Carrying Corporation enters into MoU with S.G. Logistic Management5 Dec 2023, 9:50AM North Eastern Carrying Corporation informs about statement of deviation or variation18 Nov 2023, 12:52PM North Eastern Carrying Corporation informs about outcome of board meeting27 Oct 2023, 6:00PM North Eastern Carry. - Quaterly Results27 Oct 2023, 4:13PM North Eastern Carry. - Quaterly Results27 Oct 2023, 4:13PM North Eastern Carry. - Quaterly Results27 Oct 2023, 4:13PM North Eastern Carrying Corporation informs about voting results18 Sep 2023, 3:29PM North Eastern Carry. - Quaterly Results14 Aug 2023, 3:06PM North Eastern Carrying Corporation submits board meeting intimation7 Aug 2023, 4:58PM North Eastern Carrying Corporation informs about board meeting 22 May 2023, 4:18PM North Eastern Carry. - Quaterly Results14 Feb 2023, 3:25PM North Eastern Carrying Corporation informs about revised outcome of board meeting17 Nov 2022, 5:06PM North Eastern Carrying Corporation bags work order worth Rs 3.44 crore29 Jun 2022, 2:04PM North Eastern Carrying Corporation informs about disclosure22 Jan 2022, 3:35PM North Eastern Carrying Corporation informs about trading window closure1 Oct 2021, 12:10PM North Eastern Carrying Corporation informs about newspaper advertisement7 Sep 2021, 4:33PM North Eastern Carrying Corporation informs about disclosure25 Aug 2021, 3:52PM North Eastern Carrying Corporation informs about board meeting7 Sep 2020, 5:11PM

North Eastern Carry. Stock Price Analysis and Quick Research Report. Is North Eastern Carry. an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). North Eastern Carry. has a PE ratio of 34.527242373653 which is high and comparatively overvalued .

  • Share Price: - The current share price of North Eastern Carry. is Rs 22.75. One can use valuation calculators of ticker to know if North Eastern Carry. share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. North Eastern Carry. has ROA of 2.51000347947112 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. North Eastern Carry. has a Current ratio of 1.77187133482568 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. North Eastern Carry. has a ROE of 5.66348719091133 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. North Eastern Carry. has a D/E ratio of 1.135 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. North Eastern Carry. has an Inventory turnover ratio of 0 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - North Eastern Carry. has reported revenue growth of 22.2188804225526 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of North Eastern Carry. for the current financial year is 6.57023283600041 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for North Eastern Carry. is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about North Eastern Carry.
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