Transport Services
Container Corporation of India, also known as CONCOR, is a prominent Logistics Solution Provider based in New Delhi, India.
With a market capitalization of Rs. 40,009.3 Crores, the company specializes in various logistics services including handling, transportation, and warehousing across India.
Key Services Offered:
In addition to these, CONCOR handles air cargo and containers, provides LCL hub services, air cargo movement, bonded warehousing, and factory stuffing/destuffing.
As of March 31, 2024, the company boasts an impressive fleet that includes 44,492 containers, 108 reach stackers, 10 gantry cranes, and 45 reefer power packs. They operate 66 terminals, which encompass 4 EXIM terminals, 35 combined container terminals, and 24 domestic terminals.
Founded in 1988, Container Corporation of India has a trailing 12-month revenue of Rs. 9,335.5 Crores. With a profit of Rs. 1,310.8 Crores over the past four quarters, it is noted for its profitability and consistent performance, showcasing a revenue growth of 19.7% in the last three years.
Furthermore, CONCOR is committed to rewarding its investors, offering a dividend yield of 1.83% per year, with Rs. 12 distributed per share in the last year.
Updated May 1, 2025
CONCOR's stock is currently trading at ₹675.25, with a one-day decline of -1.68% and a three-month decline of -10.64%.
The stock has reported a one-year return of -34.44%, indicating significant underperformance.
CONCOR is struggling in the market compared to competitors like Aegis Logistics, which have shown better metrics.
CONCOR and GAIL (India) Ltd have signed a Memorandum of Understanding (MoU) to develop LNG infrastructure at CONCOR's terminals across India.
The initial plan includes establishing an LNG station at the Khodiyar-Ahmedabad terminal, supporting sustainable fuel supply.
CONCOR's CMD emphasized the commitment to reducing carbon footprints through this collaboration.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Summary of Container Corp Of India's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated: Feb 25
Management Outlook and Major Points:
1. Growth & Market Share:
2. Infrastructure & Capex:
3. Operational Initiatives:
4. Demand & Geopolitical Challenges:
5. Margins & Financials:
6. DFC Impact:
7. Outlook:
(Summarized within 2000 characters as requested.)
Last updated: Feb 25
Question 1:
What is the cumulative capex till FY28, and will the revised INR855 crore capex budget for FY25 be fully utilized?
Answer:
Capex for FY25 is revised to INR855 crore, with similar annual spending (~INR1,000 crore) expected for the next three years. Management is confident about utilizing the revised FY25 budget fully.
Question 2:
What volume growth is expected in Q4 FY25 for EXIM and domestic segments?
Answer:
Double-digit growth is anticipated in both EXIM and domestic segments for Q4, though specific figures were not disclosed.
Question 3:
Why did depreciation decrease, and what caused the EXIM realization decline?
Answer:
Depreciation reduction (INR79 crore for 9 months) stemmed from revised wagon life assumptions. EXIM realization drop was attributed to volume declines, not pricing changes.
Question 4:
How will the Dedicated Freight Corridor (DFC) impact market opportunities?
Answer:
DFC reduces transit times (e.g., 38 hours vs. 55 hours by road for Dadri-Mundra), enhances rail competitiveness, and drives modal shift. Post-DFC commissioning, rail coefficients could rise to 40-45% at ports like JNPT.
Question 5:
What were Q3 originating volumes?
Answer:
EXIM originating volumes: 525,812 TEUs; Domestic: 117,644 TEUs; Total: 643,456 TEUs.
Question 6:
Why did domestic realization increase despite lower EXIM performance?
Answer:
Improved domestic realization resulted from reduced empty runs and competitive pricing for backhaul routes.
Question 7:
What is CONCOR's market share at key ports?
Answer:
9-month FY25 market shares: JNPT (58%), Mundra (38%), Pipavav (48%). EXIM rail coefficient: 55.28%.
Question 8:
How will Gati Shakti policy affect land license fee (LLF) expenses?
Answer:
CONCOR opted against migrating brownfield terminals to Gati Shakti due to uncertainties. LLF expenses (INR350 crore FY25E) may rise 7% annually but could be mitigated via land surrenders.
Question 9:
What explains the disparity between domestic handling (24.7% growth) and originating volume (7%)?
Answer:
Higher handling growth included third-party railway rake handling at PFTs (e.g., Paradeep), not captured in originating volumes.
Question 10:
What drove EBITDA/TEU decline in Q3?
Answer:
EBITDA/TEU drop stemmed from lower EXIM volumes. Management advised using originating volumes (not handling) for accurate analysis.
Valuation | |
---|---|
Market Cap | 41.05 kCr |
Price/Earnings (Trailing) | 31.32 |
Price/Sales (Trailing) | 4.4 |
EV/EBITDA | 17.36 |
Price/Free Cashflow | 77.84 |
MarketCap/EBT | 24.1 |
Fundamentals | |
---|---|
Revenue (TTM) | 9.34 kCr |
Rev. Growth (Yr) | 0.08% |
Rev. Growth (Qtr) | -4.66% |
Earnings (TTM) | 1.31 kCr |
Earnings Growth (Yr) | 11.1% |
Earnings Growth (Qtr) | 0.28% |
Profitability | |
---|---|
Operating Margin | 18.6% |
EBT Margin | 18.25% |
Return on Equity | 10.67% |
Return on Assets | 9.09% |
Free Cashflow Yield | 1.28% |
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money has been increasing their position in the stock.
Profitability: Recent profitability of 14% is a good sign.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: Market Cap wise it is among the top 20% companies of india.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock has a weak negative price momentum.
Comprehensive comparison against sector averages
CONCOR metrics compared to Transport
Category | CONCOR | Transport |
---|---|---|
PE | 31.32 | -558.62 |
PS | 4.40 | 1.56 |
Growth | 5.1 % | 9.1 % |
CONCOR vs Transport (2021 - 2025)
Understand Container Corp Of India ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Shareholder Name | Holding % |
---|---|
President Of India Ministry Of Railways | 54.8% |
Life Insurance Corporation Of India | 9.92% |
Quant Mutual Fund - Quant Mid Cap Fund | 2.51% |
Nps Trust- A/c Hdfc Pension Fund Management Limited Scheme E - Tier I | 2.32% |
Nippon Life India Trustee Ltd-a/c Nippon India Growth Fund | 1.71% |
Kotak Flexicap Fund | 1.4% |
Dsp Midcap Fund | 1.09% |
Distribution across major stakeholders
Distribution across major institutional holders
Analysis of Container Corp Of India's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2024
Description | Share | Value |
---|---|---|
EXIM | 62.9% | 1.4 kCr |
DOM | 37.1% | 819 Cr |
Total | 2.2 kCr |
Investor Care | |
---|---|
Dividend Yield | 1.78% |
Dividend/Share (TTM) | 12 |
Shares Dilution (1Y) | 0.00% |
Diluted EPS (TTM) | 21.52 |
Financial Health | |
---|---|
Current Ratio | 3.79 |
Debt/Equity | 0 |
Debt/Cashflow | 57.28 |
Detailed comparison of Container Corp Of India against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|---|
BLUEDART | Blue Dart ExpressLogistics Solution Provider | 14.69 kCr | 5.67 kCr | +0.76% | -1.92% | 53.4 | 2.59 | +8.76% | -6.02% |
TCI | Transport Corp of IndiaLogistics Solution Provider | 7.99 kCr | 4.44 kCr | +5.18% | +18.85% | 19.75 | 1.8 | +11.87% | +21.19% |
ALLCARGO | Allcargo LogisticsLogistics Solution Provider | 2.92 kCr | 15.67 kCr | +1.51% | -59.41% | 73.35 | 0.19 | +18.14% | -80.50% |
MAHLOG | Mahindra LogisticsLogistics Solution Provider | 2.19 kCr | 6 kCr | +14.37% | -35.62% | -59.69 | 0.36 | +12.27% | +13.24% |
VRL | Vasundhara RasayansPharmaceuticals | 88.61 Cr | 38.05 Cr | -2.85% | +0.11% | 15.37 | 2.31 | +2.41% | +40.28% |