North Eastern Carrying Corporation Ltd

NSE: NECCLTD BSE: 534615

₹17.36

-1 (5.45%)

Sat, 31 Oct 2026, 06:26 pm

MTF 5xInvest in North Eastern Carrying Corporation Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)181.73

PE Ratio21.33

Dividend0

Transportation

Other Transportation

24.5K

North Eastern Carrying Corporation Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-76.05M	-89.53M	-89.90M	-90.50M	-82.64M	-73.43M	-55.71M	-70.03M	-72.44M	-61.01M	-80.32M	-92.91M	-75.38M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	1.36B	1.53B	1.63B	1.67B	1.77B	1.54B	1.82B	1.99B	1.96B	2.18B	2.43B	3.17B	3.45B
Total current assets	1.17B	1.34B	1.44B	1.44B	1.54B	1.31B	1.57B	1.79B	1.79B	2.01B	2.26B	2.95B	3.24B
Cash and short term investments	47.71M	32.09M	36.90M	32.55M	35.98M	46.13M	60.22M	55.93M	55.30M	76.65M	81.45M	212.47M	155.04M
Cash & equivalents	47.71M	32.09M	36.90M	32.45M	35.88M	46.13M	57.36M	53.17M	53.88M	75.15M	81.45M	212.47M	155.04M
Short term investments	0	0	0	100.00K	100.00K	0	2.86M	2.76M	1.42M	1.49M	0	0	0
Total receivables, net	1.01B	1.16B	1.17B	1.23B	1.30B	1.02B	1.28B	1.37B	1.09B	1.21B	1.32B	1.37B	1.42B
Accounts receivable - trade, net	989.94M	1.14B	1.14B	1.20B	1.27B	976.29M	1.10B	1.15B	1.04B	1.06B	1.15B	1.20B	1.25B
Other receivables	20.50M	22.71M	30.56M	32.90M	30.53M	40.21M	177.81M	215.01M	43.03M	150.65M	163.22M	175.12M	171.41M
Total inventory	0	0	0	0	0	0	0	0	0	0	0	0	0
Other current assets, total	14.46M	14.71M	67.41M	128.36M	151.38M	182.36M	233.89M	366.34M	617.43M	724.28M	866.39M	1.36B	1.66B
Total non-current assets	189.23M	187.74M	195.04M	233.79M	230.85M	231.97M	252.25M	204.06M	175.18M	168.52M	169.45M	220.64M	213.75M
Long term investments	38.94M	36.09M	41.76M	0	40.92M	41.08M	43.60M	30.06M	29.17M	28.11M	0	49.98M	52.46M
Note receivable - long term	0	0	0	0	40.92M	41.08M	43.60M	30.06M	29.17M	28.11M	—	—	—
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	38.94M	36.09M	41.76M	0	0	0	0	0	0	0	0	49.98M	52.46M
Net property/plant/equipment	96.92M	92.97M	94.36M	130.25M	131.62M	133.71M	149.84M	114.19M	90.24M	86.72M	99.37M	98.95M	98.49M
Gross property/plant/equipment	275.26M	298.43M	320.39M	300.44M	307.78M	284.53M	316.07M	268.38M	268.76M	282.28M	313.34M	333.28M	343.87M
Deferred tax assets	0	5.30M	5.53M	8.26M	4.93M	3.81M	5.44M	6.44M	7.73M	10.99M	3.34M	8.76M	10.40M
Net intangible assets	53.37M	53.37M	53.37M	53.37M	53.37M	53.37M	53.37M	53.37M	48.04M	42.09M	37.36M	32.02M	26.69M
Goodwill, net	53.37M	53.37M	53.37M	53.37M	53.37M	53.37M	53.37M	53.37M	48.04M	42.09M	37.36M	32.02M	26.69M
Other intangibles, net	0	0	0	0	0	0	0	0	0	0	0	0	0
Other long term assets, total	0	0	0	41.91M	0	0	0	0	0	0	29.38M	30.93M	25.71M
Short term debt	640.62M	715.65M	704.98M	732.61M	764.69M	441.62M	659.60M	724.11M	845.74M	981.06M	1.11B	929.89M	1.02B
Current portion of LT debt and capital leases	—	—	—	—	—	—	0	0	0	0	0	0	0
Short term debt excl. current portion of LT debt	640.62M	715.65M	704.98M	732.61M	764.69M	441.62M	659.60M	724.11M	845.74M	981.06M	1.11B	929.89M	1.02B
Accounts payable	8.14M	10.07M	10.03M	41.51M	16.32M	23.27M	28.71M	58.09M	39.84M	35.26M	29.25M	30.24M	56.93M
Income tax payable	99.15M	139.20M	166.91M	53.82M	53.71M	49.54M	76.11M	100.78M	4.55M	24.87M	46.27M	28.19M	36.46M
Long term debt	12.61M	10.20M	37.35M	50.36M	69.03M	95.76M	64.07M	37.08M	15.94M	28.31M	84.14M	101.53M	38.13M
Long term debt excl. lease liabilities	12.61M	10.20M	37.35M	50.36M	69.03M	95.76M	64.07M	37.08M	15.94M	28.31M	84.14M	101.53M	38.13M
Total equity	554.31M	617.01M	672.44M	728.82M	784.93M	823.66M	869.01M	932.90M	947.20M	989.36M	1.05B	1.94B	2.19B
Shareholders' equity	554.31M	617.01M	672.44M	728.82M	784.93M	823.66M	869.01M	932.90M	947.20M	989.36M	1.05B	1.94B	2.19B
Common equity, total	554.31M	617.01M	672.44M	728.82M	784.93M	823.66M	869.01M	932.90M	947.20M	989.36M	1.05B	1.94B	2.19B
Other common equity	1.10K	1.10K	1.10K	1.10K	1.10K	1.10K	1.10K	1.10K	1.00K	1.00K	2.00K	1.00K	1.00K
Total debt	653.23M	725.85M	742.33M	782.97M	833.73M	537.38M	723.67M	761.19M	861.68M	1.01B	1.19B	1.03B	1.06B
Net debt	605.52M	693.76M	705.43M	750.42M	797.75M	491.25M	663.46M	705.26M	806.38M	932.72M	1.11B	818.96M	900.07M
Change in accounts receivable	-233.00M	-151.42M	5.53M	-65.61M	-65.10M	290.26M	-121.66M	-55.51M	110.12M	-15.26M	-94.92M	-45.37M	-48.19M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	0	0	0	0	0	0	—	—	—	—	—	—	—
Change in other assets/liabilities	-4.51M	7.18M	-71.00M	-600.53K	-36.83M	-21.53M	-78.13M	-84.83M	-253.54M	-158.85M	-140.67M	-506.22M	-285.60M
Sale of fixed assets & businesses	1.57M	3.45M	12.11M	5.68M	2.23M	7.89M	11.53M	12.17M	400.00K	6.48M	1.75M	13.22M	26.29M
Purchase/sale of investments, net	0	0	0	0	0	0	0	0	0	0	0	-49.98M	-2.48M
Sale/maturity of investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Purchase of investments	0	0	0	0	0	0	0	0	0	0	0	-49.98M	-2.48M
Other investing cash flow items, total	0	0	0	0	0	0	0	0	5.47M	0	0	5.31M	4.35M
Issuance/retirement of debt, net	174.33M	72.61M	16.49M	40.63M	50.76M	-296.35M	186.29M	37.52M	100.49M	147.69M	180.82M	-158.76M	23.69M
Issuance/retirement of long term debt	174.33M	72.61M	16.49M	40.63M	50.77M	0	0	0	0	0	0	0	0
Issuance/retirement of short term debt	—	—	—	—	—	—	0	0	0	0	0	0	0
Issuance/retirement of other debt	—	—	—	—	50.76M	-296.35M	186.29M	37.52M	100.49M	147.69M	180.82M	-158.76M	23.69M
Total cash dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Other financing cash flow items, total	0	0	0	0	0	0	0	0	0	0	0	811.90M	149.53M

Particulars	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-76.05M	-89.53M	-89.90M	-90.50M	-82.64M	-73.43M	-55.71M	-70.03M	-72.44M	-61.01M	-80.32M	-92.91M	-75.38M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	1.36B	1.53B	1.63B	1.67B	1.77B	1.54B	1.82B	1.99B	1.96B	2.18B	2.43B	3.17B	3.45B
Total current assets	1.17B	1.34B	1.44B	1.44B	1.54B	1.31B	1.57B	1.79B	1.79B	2.01B	2.26B	2.95B	3.24B
Cash and short term investments	47.71M	32.09M	36.90M	32.55M	35.98M	46.13M	60.22M	55.93M	55.30M	76.65M	81.45M	212.47M	155.04M
Cash & equivalents	47.71M	32.09M	36.90M	32.45M	35.88M	46.13M	57.36M	53.17M	53.88M	75.15M	81.45M	212.47M	155.04M
Short term investments	0	0	0	100.00K	100.00K	0	2.86M	2.76M	1.42M	1.49M	0	0	0
Total receivables, net	1.01B	1.16B	1.17B	1.23B	1.30B	1.02B	1.28B	1.37B	1.09B	1.21B	1.32B	1.37B	1.42B
Accounts receivable - trade, net	989.94M	1.14B	1.14B	1.20B	1.27B	976.29M	1.10B	1.15B	1.04B	1.06B	1.15B	1.20B	1.25B
Other receivables	20.50M	22.71M	30.56M	32.90M	30.53M	40.21M	177.81M	215.01M	43.03M	150.65M	163.22M	175.12M	171.41M
Total inventory	0	0	0	0	0	0	0	0	0	0	0	0	0
Other current assets, total	14.46M	14.71M	67.41M	128.36M	151.38M	182.36M	233.89M	366.34M	617.43M	724.28M	866.39M	1.36B	1.66B
Total non-current assets	189.23M	187.74M	195.04M	233.79M	230.85M	231.97M	252.25M	204.06M	175.18M	168.52M	169.45M	220.64M	213.75M
Long term investments	38.94M	36.09M	41.76M	0	40.92M	41.08M	43.60M	30.06M	29.17M	28.11M	0	49.98M	52.46M
Note receivable - long term	0	0	0	0	40.92M	41.08M	43.60M	30.06M	29.17M	28.11M	—	—	—
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	38.94M	36.09M	41.76M	0	0	0	0	0	0	0	0	49.98M	52.46M
Net property/plant/equipment	96.92M	92.97M	94.36M	130.25M	131.62M	133.71M	149.84M	114.19M	90.24M	86.72M	99.37M	98.95M	98.49M
Gross property/plant/equipment	275.26M	298.43M	320.39M	300.44M	307.78M	284.53M	316.07M	268.38M	268.76M	282.28M	313.34M	333.28M	343.87M
Deferred tax assets	0	5.30M	5.53M	8.26M	4.93M	3.81M	5.44M	6.44M	7.73M	10.99M	3.34M	8.76M	10.40M
Net intangible assets	53.37M	53.37M	53.37M	53.37M	53.37M	53.37M	53.37M	53.37M	48.04M	42.09M	37.36M	32.02M	26.69M
Goodwill, net	53.37M	53.37M	53.37M	53.37M	53.37M	53.37M	53.37M	53.37M	48.04M	42.09M	37.36M	32.02M	26.69M
Other intangibles, net	0	0	0	0	0	0	0	0	0	0	0	0	0
Other long term assets, total	0	0	0	41.91M	0	0	0	0	0	0	29.38M	30.93M	25.71M
Short term debt	640.62M	715.65M	704.98M	732.61M	764.69M	441.62M	659.60M	724.11M	845.74M	981.06M	1.11B	929.89M	1.02B
Current portion of LT debt and capital leases	—	—	—	—	—	—	0	0	0	0	0	0	0
Short term debt excl. current portion of LT debt	640.62M	715.65M	704.98M	732.61M	764.69M	441.62M	659.60M	724.11M	845.74M	981.06M	1.11B	929.89M	1.02B
Accounts payable	8.14M	10.07M	10.03M	41.51M	16.32M	23.27M	28.71M	58.09M	39.84M	35.26M	29.25M	30.24M	56.93M
Income tax payable	99.15M	139.20M	166.91M	53.82M	53.71M	49.54M	76.11M	100.78M	4.55M	24.87M	46.27M	28.19M	36.46M
Long term debt	12.61M	10.20M	37.35M	50.36M	69.03M	95.76M	64.07M	37.08M	15.94M	28.31M	84.14M	101.53M	38.13M
Long term debt excl. lease liabilities	12.61M	10.20M	37.35M	50.36M	69.03M	95.76M	64.07M	37.08M	15.94M	28.31M	84.14M	101.53M	38.13M
Total equity	554.31M	617.01M	672.44M	728.82M	784.93M	823.66M	869.01M	932.90M	947.20M	989.36M	1.05B	1.94B	2.19B
Shareholders' equity	554.31M	617.01M	672.44M	728.82M	784.93M	823.66M	869.01M	932.90M	947.20M	989.36M	1.05B	1.94B	2.19B
Common equity, total	554.31M	617.01M	672.44M	728.82M	784.93M	823.66M	869.01M	932.90M	947.20M	989.36M	1.05B	1.94B	2.19B
Other common equity	1.10K	1.10K	1.10K	1.10K	1.10K	1.10K	1.10K	1.10K	1.00K	1.00K	2.00K	1.00K	1.00K
Total debt	653.23M	725.85M	742.33M	782.97M	833.73M	537.38M	723.67M	761.19M	861.68M	1.01B	1.19B	1.03B	1.06B
Net debt	605.52M	693.76M	705.43M	750.42M	797.75M	491.25M	663.46M	705.26M	806.38M	932.72M	1.11B	818.96M	900.07M
Change in accounts receivable	-233.00M	-151.42M	5.53M	-65.61M	-65.10M	290.26M	-121.66M	-55.51M	110.12M	-15.26M	-94.92M	-45.37M	-48.19M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	0	0	0	0	0	0	—	—	—	—	—	—	—
Change in other assets/liabilities	-4.51M	7.18M	-71.00M	-600.53K	-36.83M	-21.53M	-78.13M	-84.83M	-253.54M	-158.85M	-140.67M	-506.22M	-285.60M
Sale of fixed assets & businesses	1.57M	3.45M	12.11M	5.68M	2.23M	7.89M	11.53M	12.17M	400.00K	6.48M	1.75M	13.22M	26.29M
Purchase/sale of investments, net	0	0	0	0	0	0	0	0	0	0	0	-49.98M	-2.48M
Sale/maturity of investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Purchase of investments	0	0	0	0	0	0	0	0	0	0	0	-49.98M	-2.48M
Other investing cash flow items, total	0	0	0	0	0	0	0	0	5.47M	0	0	5.31M	4.35M
Issuance/retirement of debt, net	174.33M	72.61M	16.49M	40.63M	50.76M	-296.35M	186.29M	37.52M	100.49M	147.69M	180.82M	-158.76M	23.69M
Issuance/retirement of long term debt	174.33M	72.61M	16.49M	40.63M	50.77M	0	0	0	0	0	0	0	0
Issuance/retirement of short term debt	—	—	—	—	—	—	0	0	0	0	0	0	0
Issuance/retirement of other debt	—	—	—	—	50.76M	-296.35M	186.29M	37.52M	100.49M	147.69M	180.82M	-158.76M	23.69M
Total cash dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Other financing cash flow items, total	0	0	0	0	0	0	0	0	0	0	0	811.90M	149.53M