Skip to content
thestock.space

As of 6 Nov 2026, North Eastern Carrying Corporation trades at 21.6× trailing earnings, above the industry P/E of 13.8×, and the shares are 23% below their 52-week high. Sales and net profit grew 0.2% and 10% a year over 3 years, with ROCE of 7.8% and ROE of 3.6%. Debt is 0.49× equity. It is a small-cap company with a market cap of ₹179 Cr, ranked 3rd of 9 Trucking companies by market cap; the shares fell 18% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹17.53
Day high
₹17.89
Day low
₹16.66
Prev. close
₹17.53
Volume
30.3K

Health check

1 fair · 5 to check
  • ReturnsBehind

    −17.8% over a year, better than 2 of 7 peers.

  • Price tagPricier

    P/E 21.6 vs industry 13.8.

  • GrowthSteady

    Sales +0.2%, profit +10.3% a year over 3 years.

  • ProfitabilityWeak

    ROCE 7.8% vs peer median 10.1%.

  • Balance sheetStretched

    Debt 0.49× equity, interest covered 2.3×, Piotroski 2 of 9.

  • Red flags3 to check

    Return on equity is low at 3.6%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Trucking

8 listed peers. Screen the industry

Small cap

₹179 Cr, #3 of 9 in its industry by size.

Defensive

Beta 0.55 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹320 Cr · profit ₹8 Cr
Market cap
₹179 Cr
Small cap
P/E
21.6
Industry 13.8
Price to book
0.70
Peers 1.39
Dividend yield
0.00%
ROE
3.6%
Peers 9.5%
ROCE
7.8%
Peers 10.1%
Debt to equity
0.49
Debt ₹116 Cr
EPS (TTM)
₹0.79
Face value ₹10
OPM (TTM)
5.3%
Net margin 2.6%
Sales growth
+7.8%
Latest quarter vs a year ago
Profit growth
+18.5%
Latest quarter vs a year ago
Price to sales
0.56
EV/EBITDA 12.6

Strengths and risks

Strengths

  • Promoter stake up from 54.2% to 55.2%.

Risks to check

  • Return on equity is low at 3.6%.
  • P/E of 21.6 against an industry P/E of 13.8.
  • Interest coverage of only 2.1×.

Derived automatically from reported figures. Not a recommendation.

About North Eastern Carrying Corporation

North Eastern Carrying Corporation Limited provides logistics and transportation services in India, Nepal, Bhutan, Tibet, and Bangladesh. It offers goods/small parcels, full truck load, bulk movements, over dimensional consignments, and warehousing services. North Eastern Carrying Corporation Limited was founded in 1968 and is headquartered in Delhi, India.

Headquarters
Delhi
Employees
436
Sector
Industrials
ISIN
INE553C01016
Website
neccgroup.com

Price range

52 weeks

₹10.55₹22.25

Today

₹16.66₹17.89
Avg volume (3M)
1.2 L
1-year return
minus 17.8%
From 52-week high
minus 23.2%

Peers · Trucking

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
VRLLOGVRL Logistics339.05plus 8.46%5,93118.510.718.8%12.9%1.016.8%plus 15.5%
SVLLShree Vasu Logistics770.90minus 3.66%886123.919.7–9.7%5.0930.6%plus 4.9%
NECCLTDNorth Eastern Carrying Corporation17.09minus 2.51%17921.616.57.8%6.8%0.490.2%minus 17.8%
OBCLOBCL58.88minus 1.65%124–41.2−1.6%−1.5%0.93−1.8%plus 5.4%
CHLOGISTChartered Logistics7.53minus 0.66%96–27.22.4%−1.3%0.33−5.5%minus 4.9%
ABCINDQABC India61.39plus 6.91%3313.8–6.1%−2.2%0.244.2%minus 29.8%
INTSTOILInter State Oil Carrier46.00minus 0.22%239.85.714.1%3.9%1.3626.0%plus 42.5%
BLTBLT Logistics31.90plus 5.45%153.62.624.9%10.1%0.4821.9%minus 39.9%
Median of 7 peers–−0.22%9613.815.210.1%3.9%0.936.8%4.9%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrSep 25Dec 25Mar 26Jun 26Sep 26
70.77296.275.676.3
68.765.494.171.871.8
2.16.62.23.74.5
2.9%9.2%2.2%4.9%5.9%
2.91.41.91.70.6
2.32.42.22.12.3
–0.91––
2.74.80.93.32.8
31.4%27.4%18.6%38.9%23.9%
1.83.50.722.2
0.190.340.080.180.21

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+0.2%
Profit CAGR 3Y
+10.3%
EPS CAGR 3Y
−12.1%
ROE
3.6%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
306335329308
–+9.5%minus 1.9%minus 6.3%
286314306290
20.121.222.617.8
6.6%6.3%6.9%5.8%
−0.7−0.5−0.12.1
7.38.46.98.3
2.83.12.63.2
0.11−02.3
9.410.21310.7
38.6%21.1%21.4%27.3%
5.8810.37.8
–+39.0%+27.8%minus 24.4%
1.150.841.030.78

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
50.295.3100100
54.798.7119127
119103106124
19.519.720.321
243317345372
9.99.99.821.6
––4.3–
–55.29
8.121.215.59.6
225281310332
243317345372

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−14.4−46.2−21.2−9
−3.2−6−1.8−15.8
18.165.317.318.9
0.513.1−5.7−5.9
−3.6−2.9−4.6−15.3
−18−49.1−25.9−24.3

Shareholding pattern

Source: NSE filings
55.2%
promoters
  • Promoters55.21%
  • Public44.79%
  • As of 1 Oct 2026
QuarterSplitPromotersPublicPromoter change
1 Oct 202655.21%44.79%0.00
30 Sep 202655.21%44.79%minus 0.95
30 Jun 202656.16%43.84%plus 1.97
6 Jun 202654.19%45.81%0.00
31 Mar 202654.19%45.81%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you