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North Eastern Carrying Corporation (NECCLTD) Fair Value & Analysis

Industrials · IN · Market cap ₹1.8B

NE North Eastern Carrying Corporation NECCLTD · NSE
Price₹17.11
Fair Value₹12.61
Upside-26.3%
Quality34/100
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Evidence: Medium Range ₹9.46 – ₹15.76

Fair value as of: Jul 3, 2026

From 12 valuation models · updated today

Share price +10.4% over the past month.

Price vs Fair Value (12 months)

₹24.42 ₹11.01 Fair Value ₹12.61 Jul 2025 Jul 2026

12‑month range ₹11.01 – ₹24.42 · fair‑value band ₹9.46 – ₹15.76 · the ₹17.11 price screens above the ₹12.61 fair value. As of Jul 3, 2026.

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Analysis

North Eastern Carrying Corporation (NECCLTD) currently trades at ₹17.11, while our model-based Fair Value estimate is ₹12.61 — implying the stock looks roughly 26.3% overvalued today. We read business quality at 34/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, North Eastern Carrying Corporation generated revenue of ₹3.1B at a net margin of 2.5%. Revenue grew 9.2% year over year. It earns a return on equity of 3.5%. Net debt stands at ₹1.1B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹3.1B
Revenue growth (YoY) +9.2%
Net margin 2.5%
Return on equity 3.5%
Free cash flow −₹243M FY2026
P/E ratio 21.9
More key figures
Operating margin 1.2%
EPS (TTM) ₹0.7800
EPS growth (YoY) -55.6%
Net debt ₹1.1B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

North Eastern Carrying Corporation Limited provides transportation services in India, Nepal, Bhutan, Tibet, and Bangladesh. It offers goods/small parcels, full truck load, bulk movements, over dimensional consignments, and warehousing and 3PL services, as well as pickup and delivery services. The company was founded in 1968 and is headquartered in Delhi, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

North Eastern Carrying Corporation reported revenue of ₹3.1B in FY2026 versus ₹2.5B in FY2022, a compound +5.3%/yr. Reported net income was ₹77.5M in FY2026, compounding +16.2%/yr from FY2022.

Revenue +5.3%/yr
FY22 ₹2.5B
FY23 ₹3.1B
FY24 ₹3.4B
FY25 ₹3.3B
FY26 ₹3.1B
Net income +16.2%/yr
FY22 ₹42.6M
FY23 ₹57.7M
FY24 ₹80.2M
FY25 ₹103M
FY26 ₹77.5M

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Frequently asked questions

Is North Eastern Carrying Corporation (NECCLTD) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹12.61 versus a price of ₹17.11 — about −26% (overvalued). Model-based estimate, not financial advice.
What is the fair value of NECCLTD?
Our model-based fair value for North Eastern Carrying Corporation is ₹12.61 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹17.11.
What is the quality score of NECCLTD?
North Eastern Carrying Corporation has a Quality Score of 34/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of North Eastern Carrying Corporation (NECCLTD)?
North Eastern Carrying Corporation reported trailing-twelve-month revenue of about ₹3.1B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of NECCLTD?
The net profit margin of North Eastern Carrying Corporation is about 2.5%, meaning it keeps roughly 2.5% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.