North Eastern Carrying Corp. Ltd. (NECCLTD) AI Stock Analysis

• Market Cap: ₹2.00B
• Dividend Yield: N/A
• Average Volume (3M): 9.46K
• Price to Earnings (P/E): 27.5
• Beta (1Y): 1.56
• Revenue Growth: -8.31%
• EPS Growth: -40.98%
• Country: IN
• Employees: 478
• Sector: Services
• Sector Strength: N/A
• Industry: Trucking
• EPS (TTM): 0.18
• Shares Outstanding: 99,946,365
• 10 Day Avg. Volume: 6,384
• 30 Day Avg. Volume: 9,462
• PEG Ratio: 1.03
• Price to Book (P/B): 1.10
• Price to Sales (P/S): 0.73
• P/FCF Ratio: -9.27
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: ₹22.00 ▲(9.67% Upside)

The overall stock score reflects mixed financial performance with operational improvements but significant cash flow challenges. Technical indicators suggest a bearish trend, while valuation metrics indicate moderate pricing. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Operational Improvements

Improved gross profit margin indicates better cost management, which can enhance profitability and competitive positioning over time.

Solid Equity Base

A strong equity base provides financial stability and flexibility, supporting long-term growth and resilience against market fluctuations.

Long-term Contracts

Long-term contracts provide a stable income source, reducing revenue volatility and enhancing predictability in financial planning.

Negative Factors

Revenue Decline

Declining revenue can impact growth prospects and market share, necessitating strategic adjustments to regain momentum and competitiveness.

Negative Cash Flow

Negative cash flow poses liquidity risks, potentially limiting the company's ability to invest in growth opportunities and meet financial obligations.

High Debt Levels

High debt levels can strain financial resources and increase vulnerability to interest rate changes, impacting long-term financial health.

North Eastern Carrying Corp. Ltd. Business Overview & Revenue Model

Company Description

North Eastern Carrying Corp. Ltd. (NECCLTD) is a prominent logistics and transportation company based in India, specializing in providing end-to-end solutions for freight and cargo movement. Established to cater to the growing demand for efficient logistics services in the North Eastern region, NECCLTD offers a range of services including road transport, warehousing, and supply chain management. The company primarily serves industries such as retail, manufacturing, and e-commerce, ensuring timely and safe delivery of goods across various states.

How the Company Makes Money

NECCLTD generates revenue through multiple streams, primarily by charging clients for transportation services based on distance, type of cargo, and additional services such as packaging and warehousing. The company also earns money from long-term contracts with businesses that require regular freight services, providing a stable income source. Additionally, NECCLTD may benefit from partnerships with other logistics providers and e-commerce platforms, expanding its reach and enhancing service offerings, which can lead to increased sales. Seasonal demand fluctuations and economic growth in the regions served also play a significant role in driving revenue.

North Eastern Carrying Corp. Ltd. Financial Statement Overview

Summary

North Eastern Carrying Corp. Ltd. faces mixed financial performance with some positive operational improvements, yet struggles with cash flow management and profitability. The balance sheet is relatively strong with a solid equity base, though high debt levels pose potential risks. Continued focus on improving cash flow and profitability is necessary for future growth.

Income Statement

The company has shown fluctuations in revenue, with a decline in the latest period. Gross profit margin has improved from previous years, indicating better cost management. Net profit margin remains modest, reflecting limited profitability. EBIT and EBITDA margins show a positive trend, highlighting operational improvements.

Balance Sheet

Debt-to-equity ratio is manageable, though the company has high total debt levels. Return on Equity has shown improvement, suggesting better profitability relative to equity. Equity ratio is strong, indicating a solid financial position with a good proportion of assets funded by equity.

Cash Flow

The company faces challenges with negative operating cash flow, which is a concern for liquidity. Free cash flow has also been negative, indicating cash flow constraints. However, the company has been able to manage financing activities effectively to support operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.20B	3.29B	3.35B	3.06B	2.50B	2.31B
Gross Profit	338.55M	375.54M	391.24M	341.17M	270.82M	200.14M
EBITDA	201.71M	226.76M	216.63M	202.74M	155.15M	115.28M
Net Income	83.58M	102.53M	80.22M	57.71M	42.58M	14.30M
Balance Sheet
Total Assets	0.00	3.45B	3.17B	2.43B	2.18B	1.96B
Cash, Cash Equivalents and Short-Term Investments	155.04M	155.04M	212.47M	81.45M	76.65M	55.30M
Total Debt	0.00	1.06B	1.03B	1.19B	1.01B	861.68M
Total Liabilities	-2.19B	1.26B	1.23B	1.39B	1.19B	1.02B
Stockholders Equity	2.19B	2.19B	1.94B	1.05B	989.36M	947.20M
Cash Flow
Free Cash Flow	0.00	-258.79M	-490.68M	-180.12M	-133.33M	-106.99M
Operating Cash Flow	0.00	-212.38M	-462.10M	-144.11M	-102.09M	-105.09M
Investing Cash Flow	0.00	-18.26M	-60.02M	-31.89M	-24.26M	3.97M
Financing Cash Flow	0.00	173.22M	653.14M	180.82M	147.69M	100.49M

North Eastern Carrying Corp. Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 20.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NECCLTD, the sentiment is Negative. The current price of 20.06 is below the 20-day moving average (MA) of 20.85, below the 50-day MA of 20.85, and below the 200-day MA of 22.59, indicating a bearish trend. The MACD of -0.26 indicates Positive momentum. The RSI at 39.95 is Neutral, neither overbought nor oversold. The STOCH value of 39.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:NECCLTD.

North Eastern Carrying Corp. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
MAGNUM	54 Neutral	₹1.47B	―	―	―	13.74%	-118.80%
NECCLTD	53 Neutral	₹2.00B	27.46	―	―	-8.31%	-40.98%
PBAINFRA	46 Neutral	₹193.33M	11.88	―	―	―	―
SICALLOG	39 Underperform	₹6.52B	-32.92	―	―	76.34%	94.50%
IL&FSENGG	37 Underperform	₹3.89B	―	―	―	-6.13%	98.35%

North Eastern Carrying Corp. Ltd. Corporate Events

North Eastern Carrying Corporation Submits AGM Minutes

North Eastern Carrying Corporation Limited has submitted the certified minutes of its 40th Annual General Meeting held on September 26, 2025. This submission is in compliance with SEBI regulations and is intended for record-keeping purposes, demonstrating the company’s adherence to corporate governance standards.

North Eastern Carrying Corporation Announces 40th AGM and Key Appointments

North Eastern Carrying Corporation Limited has announced its 40th Annual General Meeting (AGM) scheduled for September 26, 2025, to be conducted via video conferencing. Key agenda items include the adoption of audited financial statements, the reappointment of Mr. Sunil Kumar Jain as a director, and the appointment of M/s A.K. Friends & Co. as the secretarial auditor for a five-year term. These decisions are expected to reinforce the company’s governance and operational transparency, potentially impacting its market positioning and stakeholder confidence.