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North Eastn.Car.

  • Market Cap: Micro Cap
  • Industry: Logistics
  • ISIN: INE553C01016
  • NSEID: NECCLTD
  • BSEID: 534615
INR
23.43
0.5 (2.18%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 53.65 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

53.65 k (-39.64%) Volume

Shareholding (Dec 2024)

FII

0.04%

Held by 3 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

54.19%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with a -2.38% CAGR growth in Net Sales over the last 5 years

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 5.14 times
  • The company has been able to generate a Return on Equity (avg) of 4.32% signifying low profitability per unit of shareholders funds
2

Stock is technically in a Bearish range

3

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Logistics

stock-summary
Market cap

INR 225 Cr (Micro Cap)

stock-summary
P/E

19.00

stock-summary
Industry P/E

35

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.38

stock-summary
Return on Equity

5.27%

stock-summary
Price to Book

1.02

Revenue and Profits (1 Year):
Net Sales:
81 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-21.22%
0%
-21.22%
1 Year
-18.39%
0%
-18.39%
2 Years
33.62%
0%
33.62%
3 Years
-21.89%
0%
-21.89%
4 Years
195.31%
0%
195.31%
5 Years
481.79%
0%
481.79%

North Eastn.Car. for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-2.38%
EBIT Growth (5y)
9.29%
EBIT to Interest (avg)
1.97
Debt to EBITDA (avg)
5.70
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.53
Tax Ratio
25.16%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.04%
ROCE (avg)
6.91%
ROE (avg)
4.32%
Valuation key factors
Factor
Value
P/E Ratio
19
Industry P/E
35
Price to Book Value
1.02
EV to EBIT
14.03
EV to EBITDA
12.49
EV to Capital Employed
1.02
EV to Sales
0.91
PEG Ratio
0.25
Dividend Yield
NA
ROCE (Latest)
7.52%
ROE (Latest)
5.27%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 3 FIIs (0.04%)

Promoter with highest holding

Necc Automobiles Pvt Ltd (15.83%)

Highest Public shareholder

Religare Finvest Ltd (6.04%)

Individual Investors Holdings

30.32%

stock-summaryFinancial
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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -1.09% vs 5.55% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -32.40% vs -21.80% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "81.05",
          "val2": "81.94",
          "chgp": "-1.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "5.31",
          "val2": "6.55",
          "chgp": "-18.93%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.86",
          "val2": "1.90",
          "chgp": "-2.11%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.94",
          "val2": "2.87",
          "chgp": "-32.40%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.55%",
          "val2": "7.99%",
          "chgp": "-1.44%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 1.20% vs -1.73% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 148.11% vs 5.18% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "159.58",
          "val2": "157.69",
          "chgp": "1.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "14.16",
          "val2": "9.56",
          "chgp": "48.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.87",
          "val2": "4.29",
          "chgp": "-9.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "6.55",
          "val2": "2.64",
          "chgp": "148.11%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.87%",
          "val2": "6.06%",
          "chgp": "2.81%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -1.09% vs 4.59% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 64.53% vs 11.21% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "240.63",
          "val2": "243.28",
          "chgp": "-1.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "19.47",
          "val2": "16.01",
          "chgp": "21.61%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "5.73",
          "val2": "6.86",
          "chgp": "-16.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "8.49",
          "val2": "5.16",
          "chgp": "64.53%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.09%",
          "val2": "6.58%",
          "chgp": "1.51%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 9.52% vs 22.19% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 38.99% vs 35.45% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "335.12",
          "val2": "305.99",
          "chgp": "9.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "20.76",
          "val2": "19.75",
          "chgp": "5.11%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "9.07",
          "val2": "7.93",
          "chgp": "14.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "8.02",
          "val2": "5.77",
          "chgp": "38.99%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.19%",
          "val2": "6.45%",
          "chgp": "-0.26%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
81.05
81.94
-1.09%
Operating Profit (PBDIT) excl Other Income
5.31
6.55
-18.93%
Interest
1.86
1.90
-2.11%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.94
2.87
-32.40%
Operating Profit Margin (Excl OI)
6.55%
7.99%
-1.44%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -1.09% vs 5.55% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -32.40% vs -21.80% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
159.58
157.69
1.20%
Operating Profit (PBDIT) excl Other Income
14.16
9.56
48.12%
Interest
3.87
4.29
-9.79%
Exceptional Items
0.00
0.00
Standalone Net Profit
6.55
2.64
148.11%
Operating Profit Margin (Excl OI)
8.87%
6.06%
2.81%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 1.20% vs -1.73% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 148.11% vs 5.18% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
240.63
243.28
-1.09%
Operating Profit (PBDIT) excl Other Income
19.47
16.01
21.61%
Interest
5.73
6.86
-16.47%
Exceptional Items
0.00
0.00
Standalone Net Profit
8.49
5.16
64.53%
Operating Profit Margin (Excl OI)
8.09%
6.58%
1.51%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -1.09% vs 4.59% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 64.53% vs 11.21% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
335.12
305.99
9.52%
Operating Profit (PBDIT) excl Other Income
20.76
19.75
5.11%
Interest
9.07
7.93
14.38%
Exceptional Items
0.00
0.00
Standalone Net Profit
8.02
5.77
38.99%
Operating Profit Margin (Excl OI)
6.19%
6.45%
-0.26%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 9.52% vs 22.19% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 38.99% vs 35.45% in Mar 2023

stock-summaryCompany CV
About North Eastern Carrying Corporation Ltd stock-summary
stock-summary
North Eastern Carrying Corporation Ltd
Micro Cap
Logistics
North Eastern Carrying Corporation Limited was originally incorporated on December 05, 1984, as a Private Limited Company, under the name and style `Prakarima Leasing Private Limited', with the Registrar of Companies, Delhi and Haryana. The Company thereafter got converted into a Public Limited Company and the name was changed to `Prakarima Leasing Limited', and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Delhi and Haryana on January 16, 1995.
Company Coordinates stock-summary
Company Details
NECC House 9062/47, Ram Bagh Road Azad Market Delhi Delhi : 110006
stock-summary
Tel: 91-11-23517516-19
stock-summary
cs@neccgroup.com
Registrar Details
MAS Services Ltd, T-34 , 2nd Floor, Okhla Industrial Area, Phase - II, New Delhi