NECCLTD
North Eastern Carrying Corporation Limited
Road transportation and logistics services provider
Services›Services›Transport Services›Logistics Solution Provider
neccgroup.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
NECC (North Eastern Carrying Corporation) is a Delhi-based transportation company, and transportation is its only reported business segment.
Company snapshot
28thBy market cap
Ranked among 34 companies in Logistics Solution Provider.
What we see
- ✗Net margin is very thin at 2.5% — little room for error if costs rise.
Statement tables · Standalone
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Standalone only
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 74 Cr | 86 Cr | 92 Cr | 78 Cr | 82 Cr | 81 Cr | 88 Cr | 69 Cr | 71 Cr | 72 Cr | 96 Cr | 76 Cr |
| Operating expenses (approx.) | 69 Cr | 79 Cr | 87 Cr | 70 Cr | 75 Cr | 76 Cr | 86 Cr | 64 Cr | 68 Cr | 65 Cr | 94 Cr | 71 Cr |
| EBITDA | 5 Cr | 6 Cr | 5 Cr | 8 Cr | 7 Cr | 5 Cr | 2 Cr | 5 Cr | 3 Cr | 7 Cr | 2 Cr | 4 Cr |
| OPM % | 6.5% | 7.5% | 5.2% | 9.8% | 8.0% | 6.6% | 2.8% | 7.7% | 4.0% | 9.2% | 2.2% | 5.9% |
| Other income | 0.11 Cr | 0.10 Cr | 1 Cr | 0.37 Cr | 0.05 Cr | 0.03 Cr | 0.26 Cr | 0.15 Cr | 3 Cr | 1 Cr | 2 Cr | 2 Cr |
| Interest | 2 Cr | 3 Cr | 2 Cr | 2 Cr | 2 Cr | 2 Cr | 1 Cr | 2 Cr | 2 Cr | 2 Cr | 2 Cr | 2 Cr |
| Depreciation | 0.78 Cr | 0.88 Cr | 0.68 Cr | 0.74 Cr | 0.68 Cr | 0.56 Cr | 0.58 Cr | 0.61 Cr | 0.77 Cr | 0.85 Cr | 1 Cr | 0.75 Cr |
| Profit before tax | 2 Cr | 3 Cr | 3 Cr | 5 Cr | 4 Cr | 3 Cr | 0.83 Cr | 2 Cr | 3 Cr | 5 Cr | 0.86 Cr | 3 Cr |
| Tax % | 45.0% | 18.6% | 3.8% | 30.2% | 28.6% | 33.4% | -111.4% | 25.9% | 31.4% | 27.4% | 18.6% | 38.9% |
| Net profit | 1 Cr | 3 Cr | 3 Cr | 4 Cr | 3 Cr | 2 Cr | 2 Cr | 2 Cr | 2 Cr | 3 Cr | 0.70 Cr | 2 Cr |
| EPS (₹) | ₹0.16 | ₹0.26 | ₹0.30 | ₹0.38 | ₹0.29 | ₹0.20 | ₹0.18 | ₹0.18 | ₹0.19 | ₹0.34 | ₹0.08 | ₹0.18 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 548 Cr | 385 Cr | 343 Cr | 376 Cr | 231 Cr | 250 Cr | 306 Cr | 335 Cr | 329 Cr | 308 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 529 Cr | 370 Cr | 329 Cr | 359 Cr | 222 Cr | 235 Cr | 286 Cr | 314 Cr | 307 Cr | 291 Cr | Sign in free for the trailing twelve months |
| EBITDA | 19 Cr | 15 Cr | 14 Cr | 17 Cr | 9 Cr | 15 Cr | 20 Cr | 21 Cr | 22 Cr | 17 Cr | Sign in free for the trailing twelve months |
| OPM % | 3.5% | 4.0% | 4.1% | 4.5% | 3.9% | 6.0% | 6.5% | 6.2% | 6.7% | 5.5% | Sign in free for the trailing twelve months |
| Other income | 0.70 Cr | 0.94 Cr | 1 Cr | 2 Cr | 3 Cr | 0.43 Cr | 0.42 Cr | 2 Cr | 0.71 Cr | 6 Cr | Sign in free for the trailing twelve months |
| Interest | 8 Cr | 7 Cr | 5 Cr | 7 Cr | 7 Cr | 6 Cr | 8 Cr | 9 Cr | 7 Cr | 9 Cr | Sign in free for the trailing twelve months |
| Depreciation | 3 Cr | 3 Cr | 3 Cr | 3 Cr | 3 Cr | 4 Cr | 3 Cr | 3 Cr | 3 Cr | 3 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 9 Cr | 6 Cr | 7 Cr | 9 Cr | 2 Cr | 6 Cr | 9 Cr | 10 Cr | 13 Cr | 11 Cr | Sign in free for the trailing twelve months |
| Tax % | 37.8% | 35.5% | 35.5% | 27.0% | 18.6% | 25.1% | 38.6% | 21.1% | 21.4% | 27.3% | Sign in free for the trailing twelve months |
| Net profit | 6 Cr | 4 Cr | 5 Cr | 6 Cr | 1 Cr | 4 Cr | 6 Cr | 8 Cr | 10 Cr | 8 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹1.12 | ₹0.77 | ₹0.90 | ₹1.27 | ₹0.28 | ₹0.85 | ₹1.15 | ₹0.84 | ₹1.03 | ₹0.78 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 50 Cr | 50 Cr | 50 Cr | 50 Cr | 50 Cr | 50 Cr | 50 Cr | 95 Cr | 100 Cr | 100 Cr |
| Reserves | 28 Cr | 32 Cr | 37 Cr | 43 Cr | 45 Cr | 49 Cr | 55 Cr | 99 Cr | 119 Cr | 127 Cr |
| Borrowings | 83 Cr | 54 Cr | 72 Cr | 76 Cr | 86 Cr | 101 Cr | 119 Cr | 103 Cr | 106 Cr | 124 Cr |
| Other liabilities | 15 Cr | 18 Cr | 23 Cr | 30 Cr | 16 Cr | 18 Cr | 20 Cr | 20 Cr | 20 Cr | 21 Cr |
| Total liabilities | 177 Cr | 154 Cr | 182 Cr | 199 Cr | 196 Cr | 218 Cr | 243 Cr | 317 Cr | 345 Cr | 372 Cr |
| Fixed assets (net) | 13 Cr | 13 Cr | 15 Cr | 11 Cr | 9 Cr | 9 Cr | 10 Cr | 10 Cr | 6 Cr | 22 Cr |
| CWIP | — | — | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 4 Cr | 0 Cr |
| Investments | 0.01 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 5 Cr | 5 Cr | 9 Cr |
| Loans & advances | — | — | 41 Cr | 58 Cr | 69 Cr | 87 Cr | 103 Cr | 154 Cr | 183 Cr | 198 Cr |
| Trade receivables | 127 Cr | 98 Cr | 110 Cr | 115 Cr | 104 Cr | 106 Cr | 115 Cr | 120 Cr | 125 Cr | 130 Cr |
| Cash & bank | 4 Cr | 5 Cr | 6 Cr | 6 Cr | 6 Cr | 8 Cr | 8 Cr | 21 Cr | 16 Cr | 10 Cr |
| Other assets | 33 Cr | 39 Cr | 10 Cr | 9 Cr | 8 Cr | 8 Cr | 7 Cr | 7 Cr | 6 Cr | 4 Cr |
| Total assets | 177 Cr | 154 Cr | 182 Cr | 199 Cr | 196 Cr | 218 Cr | 243 Cr | 317 Cr | 345 Cr | 372 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | -2 Cr | 34 Cr | -13 Cr | -4 Cr | -11 Cr | -10 Cr | -14 Cr | -46 Cr | -21 Cr | -9 Cr |
| Cash from investing | -3 Cr | -3 Cr | -4 Cr | -0.27 Cr | 0.40 Cr | -2 Cr | -3 Cr | -6 Cr | -2 Cr | -16 Cr |
| Cash from financing | 5 Cr | -30 Cr | 19 Cr | 4 Cr | 10 Cr | 15 Cr | 18 Cr | 65 Cr | 17 Cr | 19 Cr |
| Net cash flow | 0.34 Cr | 1 Cr | 1 Cr | -0.43 Cr | -0.06 Cr | 2 Cr | 0.48 Cr | 13 Cr | -6 Cr | -6 Cr |
| Free cash flow (OCF − Capex) | -5 Cr | 30 Cr | -19 Cr | -5 Cr | -11 Cr | -13 Cr | -18 Cr | -49 Cr | -26 Cr | -24 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 10.5% | 9.7% | 7.6% | 9.2% | 4.8% | 5.9% | 7.7% | 6.5% | 6.2% | 5.7% |
| ROE % | 7.1% | 4.7% | 5.2% | 6.8% | 1.5% | 4.3% | 5.5% | 4.1% | 4.7% | 3.4% |
| Debtor days | 84 | 92 | 117 | 112 | 165 | 154 | 137 | 131 | 138 | 154 |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days payable | 1 | 2 | 3 | 6 | 6 | 5 | 3 | 3 | 6 | 5 |
| Cash conversion cycle | 83 | 90 | 113 | 106 | 158 | 149 | 134 | 127 | 132 | 149 |
| OCF / EBITDA % | -10.6% | 218.2% | -90.1% | -23.3% | -116.9% | -68.0% | -73.0% | -222.7% | -96.7% | -53.2% |
| OCF / EBITDA % (3 years) | — | — | 38.6% | 36.4% | -68.0% | -60.3% | -80.3% | -127.6% | -131.0% | -128.2% |
| Debt / equity | 1.06 | 0.65 | 0.83 | 0.82 | 0.91 | 1.02 | 1.14 | 0.53 | 0.48 | 0.55 |
| Current ratio | 1.68 | 2.10 | 1.77 | 1.75 | 1.79 | 1.77 | 1.77 | 2.67 | 2.70 | 2.61 |
| Net debt / EBITDA | 4.19 | 3.20 | 4.70 | 4.20 | 8.97 | 6.21 | 5.61 | 3.95 | 4.10 | 6.78 |