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): 23.9
• Beta (1Y): 1.64
• Revenue Growth: -2.65%
• EPS Growth: -24.28%
• 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: ₹20.50
• Price Target Upside: 2.35% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 49 Neutral
• Price Target: ₹20.50 ▲(2.35% Upside)

The overall stock score of 49 reflects the company's mixed financial performance, with operational improvements overshadowed by cash flow challenges and high debt levels. Technical indicators suggest a bearish trend, while the valuation is moderate. The absence of earnings call insights and corporate events limits the assessment to these factors.

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

Company Description

North Eastern Carrying Corp. Ltd. (NECCLTD) is a logistics and transportation company operating primarily in India. The company specializes in providing comprehensive freight management solutions, including road transportation, warehousing, and supply chain management services. NECCLTD caters to a diverse range of industries, ensuring efficient and reliable delivery of goods across various sectors.

How the Company Makes Money

NECCLTD generates revenue through its suite of logistics services, primarily focusing on road transportation and freight management. The company charges clients for transporting goods from one location to another, leveraging its extensive fleet of vehicles and network of routes. Additional revenue streams include warehousing services where NECCLTD offers storage solutions, and supply chain management services that help optimize clients' logistics operations. The company may also engage in strategic partnerships with businesses to enhance service offerings and expand its market reach, contributing to its earnings.

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	3.32B	3.29B	3.35B	3.06B	2.50B	2.31B
Gross Profit	403.70M	375.54M	391.24M	341.17M	270.82M	200.14M
EBITDA	238.83M	226.76M	216.63M	202.74M	155.15M	115.28M
Net Income	113.55M	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	123.80M	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	-2.15B	1.26B	1.23B	1.39B	1.19B	1.02B
Stockholders Equity	2.15B	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: 20.03
• 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 20.03 is below the 20-day moving average (MA) of 20.64, below the 50-day MA of 21.13, and below the 200-day MA of 24.22, indicating a bearish trend. The MACD of -0.30 indicates Positive momentum. The RSI at 42.35 is Neutral, neither overbought nor oversold. The STOCH value of 46.49 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
MAGNUM	60 Neutral	₹1.62B	33.51	―	―	-3.91%	-67.20%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
PBAINFRA	52 Neutral	₹189.95M	11.67	―	―	―	―
NECCLTD	49 Neutral	₹2.00B	23.89	―	―	-2.65%	-24.28%
SICALLOG	46 Neutral	₹6.80B	―	―	―	43.60%	32.19%
IL&FSENGG	36 Underperform	₹3.53B	―	―	―	-4.18%	82.74%