On 6 Nov 2026, Lancer Container Lines was priced at ₹10.96, or 19.9× trailing earnings, against an industry P/E of 16.1×, and the shares are 93% below their 52-week high. Sales and net profit fell 22% and 53% a year over 3 years, with ROCE of 1.7% and ROE of 1.0%, though net profit is above operating profit, which points to a one-off gain. It carries very little debt. It is a small-cap company with a market cap of ₹407 Cr, ranked 21st of 43 Integrated Freight & Logistics companies by market cap; the shares fell 93% over the past year.
- ₹11.10
- ₹11.30
- ₹10.80
- ₹11.25
- 2.7 L
Health check
- ReturnsBehind
−92.7% over a year, better than 0 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthShrinking
Sales −22.2%, profit −52.7% a year over 3 years.
- ProfitabilityWeak
ROCE 1.7% vs peer median 9.0%.
- Balance sheetStretched
Practically debt-free, Piotroski 3 of 9.
- Red flags4 to check
Return on equity is low at 1.0%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹407 Cr
- Small cap
- P/E
- 19.9
- Industry 16.1
- Price to book
- 0.41
- Peers 3.34
- Dividend yield
- 0.00%
- ROE
- 1.0%
- Peers 9.6%
- ROCE
- 1.7%
- Peers 9.0%
- Debt to equity
- 0.04
- Debt ₹30 Cr
- EPS (TTM)
- ₹0.55
- Face value ₹5
- OPM (TTM)
- −4.8%
- Net margin 3.7%
- Sales growth
- +23.2%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.97
- EV/EBITDA 78.0
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly sales up 23.2% on a year ago.
Risks to check
- Return on equity is low at 1.0%.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- 93% below its 52-week high.
- Interest coverage of only 0.7×.
About Lancer Container Lines
Lancer Container Lines Limited, together with its subsidiaries, provides shipping and logistics services worldwide. The company offers non-vessel operating common carrier and container trading. It also provides shipping and freight forwarding services, such as ocean freight that include project logistics, order and logistics management, full container load, warehousing and distribution, less than container load, heavy haul or out-of-gauge cargo, handling…
- Headquarters
- Navi Mumbai
- Employees
- 112
- Sector
- Industrials
- ISIN
- INE359U01028
- Website
- lancerline.com
Price range
- Avg volume (3M)
- 3.2 L
- 1-year return
- minus 92.7%
- From 52-week high
- minus 92.7%
Peers · Integrated Freight & Logistics
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DELHIVERYDelhivery | 428.00 | minus 0.48% | 32,080 | 176.9 | 3.28 | 2.6% | 1.9% | 0.1% | 13.2% | – | 0.00% | minus 11.3% |
| SHADOWFAXShadowfax Technologies | 288.25 | minus 0.88% | 16,971 | 67.3 | 8.95 | – | 17.4% | 6.2% | 43.7% | – | 0.00% | plus 162.1% |
| BLUEDARTBlue Dart Express | 4,541.30 | minus 0.76% | 10,776 | 34.8 | 6.06 | 16.9% | 14.8% | 6.7% | 5.9% | −12.6% | 0.55% | minus 28.2% |
| TCITransport Corporation of India | 861.45 | minus 1.38% | 6,485 | 14.4 | 2.37 | 18.1% | 17.7% | 7.6% | 9.1% | 12.9% | 1.16% | minus 26.1% |
| LEAPINDLEAP India | 121.97 | plus 0.05% | 5,373 | 71.7 | 3.34 | 9.0% | 9.6% | 22.9% | 42.4% | 90.5% | 0.00% | minus 15.8% |
| TVSSCSTVS Supply Chain Solutions | 117.07 | minus 1.62% | 5,174 | 80.2 | 2.54 | 9.0% | 6.0% | 2.3% | 3.3% | 42.1% | 0.00% | minus 8.2% |
| MAHLOGMahindra Logistics | 421.10 | plus 0.10% | 4,181 | 55.8 | 3.48 | – | 7.1% | 2.3% | – | – | 0.59% | plus 22.2% |
| LANCERLancer Container Lines | 10.96 | minus 2.58% | 407 | 19.9 | 0.41 | 1.7% | 1.0% | 0.5% | −22.2% | −52.7% | 0.00% | minus 92.7% |
| Median of 7 peers | – | −0.76% | 6,485 | 67.3 | 3.34 | 9.0% | 9.6% | 6.2% | 11.2% | 27.5% | 0.00% | −11.3% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 107 | 93.7 | 54.4 | 139 | 132 | |
| 110 | 97.7 | 65.7 | 144 | 131 | |
| −3.3 | −4 | −11.3 | −5.4 | 0.7 | |
| −3.1% | −4.3% | −20.7% | −3.9% | 0.5% | |
| 0.8 | 12.9 | 4.9 | 18 | 5.1 | |
| 1.5 | 2.4 | 0.9 | 1.3 | 0.3 | |
| −4 | 6.4 | −7.3 | 11.2 | 5.5 | |
| −16.3% | −5.2% | −1.9% | 3.0% | 5.0% | |
| −4.6 | 6.8 | −7.4 | 10.9 | 5.2 | |
| -0.13 | 0.28 | -0.30 | 0.42 | 0.15 |
Profit & loss
- Sales CAGR 3Y
- −22.2%
- Profit CAGR 3Y
- −52.7%
- EPS CAGR 3Y
- −56.4%
- ROE
- 1.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 837 | 633 | 699 | 394 | |
| – | minus 24.3% | +10.4% | minus 43.6% | |
| 747 | 545 | 679 | 390 | |
| 90.2 | 88.6 | 19.7 | 4 | |
| 10.8% | 14.0% | 2.8% | 1.0% | |
| 5.6 | 5 | 10.2 | 32.5 | |
| 12.5 | 11.5 | 5.6 | 6.1 | |
| 16.7 | 20.4 | 23.6 | 24.6 | |
| 2.1 | 8 | 0.7 | 0.7 | |
| 68.8 | 69.7 | 1.4 | 6.4 | |
| 21.9% | 16.2% | 125.6% | 12.3% | |
| 53.7 | 58.4 | −0.3 | 5.7 | |
| – | +8.6% | minus 100.6% | – | |
| 2.53 | 2.57 | -0.01 | 0.21 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 30.8 | 114 | 125 | 177 | |
| 153 | 286 | 362 | 524 | |
| 283 | 113 | 66.3 | 29.6 | |
| 60.3 | 49.1 | 49.8 | 109 | |
| 526 | 562 | 603 | 839 | |
| 131 | 142 | 460 | 458 | |
| – | 0 | – | 0.1 | |
| 0 | 0.5 | 0 | 0 | |
| 46.2 | 41.8 | 38.6 | 24.5 | |
| 349 | 378 | 105 | 356 | |
| 526 | 562 | 603 | 839 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −223 | 43.2 | 310 | 9.4 | |
| −61.2 | −40.3 | −339 | 29.8 | |
| 277 | −8.5 | 24.5 | −46.2 | |
| −7.3 | −5.6 | −4.6 | −6.9 | |
| −67.1 | −42.6 | −342 | −3.3 | |
| −291 | 0.6 | −32.9 | 6.1 | |
| – | −0.4 | – | – |
Shareholding pattern
- Promoters35.07%
- Public64.93%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 13 Oct 2026 | 35.07% | 64.93% | 0.00 | |
| 30 Sep 2026 | 35.07% | 64.93% | – |
Major shareholders
Filings & events
News
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