North Eastern Carrying Corp. Ltd. (IN:NECCLTD)
:NECCLTD
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North Eastern Carrying Corp. Ltd.
(NECCLTD)
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Rating:45Neutral
Price Target:
₹15.00
▼(-17.22% Downside)
Action:ReiteratedDate:04/02/26
The score is driven primarily by weak financial quality (notably negative operating/free cash flow and modest profitability) and bearish technicals (below key moving averages with negative MACD). Valuation is a partial offset with a moderate P/E, but lacks dividend support due to missing yield data.
Positive Factors
Improving margins
Improving gross, EBIT and EBITDA margins indicate sustained operational improvements and better cost control across transport and warehousing. If maintained, higher operating margins enable internal funding for investments, improve resilience to demand swings and support long-term profitability.
Negative Factors
Negative cash flows
Persistently negative operating and free cash flow constrain liquidity and force reliance on external financing. Over months, this limits the firm's ability to invest in fleet, warehouses or technology, raises refinancing risk, and can increase financing costs, weakening growth prospects.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving margins
Improving gross, EBIT and EBITDA margins indicate sustained operational improvements and better cost control across transport and warehousing. If maintained, higher operating margins enable internal funding for investments, improve resilience to demand swings and support long-term profitability.
Read all positive factors
North Eastern Carrying Corp. Ltd. (NECCLTD) vs. iShares MSCI India ETF (INDA)
Market Cap
₹1.61B
Dividend YieldN/A
Average Volume (3M)9.46K
Price to Earnings (P/E)13.1
Beta (1Y)1.58
Revenue Growth-8.31%
EPS Growth-40.98%
CountryIN
Employees478
SectorIndustrials
Sector Strength72
IndustryTrucking
Share Statistics
EPS (TTM)0.34
Shares Outstanding99,946,365
10 Day Avg. Volume6,384
30 Day Avg. Volume9,462
Financial Highlights & Ratios
PEG Ratio1.03
Price to Book (P/B)1.10
Price to Sales (P/S)0.73
P/FCF Ratio-9.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
North Eastern Carrying Corp. Ltd. Business Overview & Revenue Model
Company Description
North Eastern Carrying Corporation Limited provides transportation and logistics services in India, Nepal, Bhutan, and Bangladesh. The company small parcels, as well as full truck load, project, and over dimensional consignments. It also offers co...
How the Company Makes Money
NECCLTD primarily generates revenue through its logistics and transportation services. The company earns income by charging clients for the transportation of goods based on factors such as distance, load weight, mode of transport (road, rail, or m...
North Eastern Carrying Corp. Ltd. Financial Statement Overview
Summary
Income Statement
48
Neutral
Balance Sheet
55
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.00B | 3.29B | 3.35B | 3.06B | 2.50B | 2.31B |
| Gross Profit | 296.30M | 375.54M | 391.24M | 341.17M | 270.82M | 200.14M |
| EBITDA | 219.42M | 226.76M | 216.63M | 202.74M | 155.15M | 115.28M |
| Net Income | 88.11M | 102.53M | 80.22M | 57.71M | 42.58M | 14.30M |
Balance Sheet | ||||||
| Total Assets | 3.66B | 3.45B | 3.17B | 2.43B | 2.18B | 1.96B |
| Cash, Cash Equivalents and Short-Term Investments | 108.03M | 155.04M | 212.47M | 81.45M | 76.65M | 55.30M |
| Total Debt | 1.20B | 1.06B | 1.03B | 1.19B | 1.01B | 861.68M |
| Total Liabilities | 1.40B | 1.26B | 1.23B | 1.39B | 1.19B | 1.02B |
| Stockholders Equity | 2.26B | 2.19B | 1.94B | 1.05B | 989.36M | 947.20M |
Cash Flow | ||||||
| Free Cash Flow | -178.12M | -258.79M | -490.68M | -180.12M | -133.33M | -106.99M |
| Operating Cash Flow | -22.68M | -212.38M | -462.10M | -144.11M | -102.09M | -105.09M |
| Investing Cash Flow | -164.68M | -18.26M | -60.02M | -31.89M | -24.26M | 3.97M |
| Financing Cash Flow | 140.34M | 173.22M | 653.14M | 180.82M | 147.69M | 100.49M |
North Eastern Carrying Corp. Ltd. Technical Analysis
Positive
18.12
Price Trends
13.95
Positive
16.36
Negative
19.12
Negative
Market Momentum
0.21
Negative
66.83
Neutral
95.83
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NECCLTD, the sentiment is Positive. The current price of 18.12 is above the 20-day moving average (MA) of 13.23, above the 50-day MA of 13.95, and below the 200-day MA of 19.12, indicating a neutral trend. The MACD of 0.21 indicates Negative momentum. The RSI at 66.83 is Neutral, neither overbought nor oversold. The STOCH value of 95.83 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:NECCLTD.
North Eastern Carrying Corp. Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
57 Neutral | ₹1.52B | 151.57 | ― | ― | 13.74% | -118.80% | |
45 Neutral | ₹1.61B | 13.10 | ― | ― | -8.31% | -40.98% | |
40 Underperform | ₹3.56B | -248.95 | ― | ― | -6.13% | 98.35% | |
40 Underperform | ₹120.83M | -2.65 | ― | ― | ― | ― | |
39 Underperform | ₹13.59B | 3.00 | ― | ― | 76.34% | 94.50% |
* Industrials Sector Average
IN:NECCLTD
North Eastern Carrying Corp. Ltd.
16.15
-7.24
-30.95%
IN:FELIX
Felix Industries Ltd
180.25
-15.05
-7.71%
IN:IL&FSENGG
IL&FS Engineering & Construction Co. Ltd.
27.16
-10.30
-27.50%
IN:MAGNUM
Magnum Ventures Limited.
22.35
-4.60
-17.07%
IN:PBAINFRA
PBA Infrastructure Limited
8.95
-0.60
-6.28%
IN:SICALLOG
Sical Logistics Limited.
65.08
-9.54
-12.78%
North Eastern Carrying Corp. Ltd. Corporate Events
North Eastern Carrying Corp Shuts Trading Window Ahead of FY26 Results
Mar 25, 2026
North Eastern Carrying Corporation Limited has announced the closure of its trading window for equity shares starting April 1, 2026, in line with SEBI’s Prohibition of Insider Trading Regulations and its internal code of conduct. The window ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.