CONCOR - Container Corporation Of India Ltd. Share Price

Transport Services

₹685.40+6.65(+0.98%)

Market Closed as of Apr 28, 2025, 15:30 IST

What does Container Corporation Of India Ltd. do?

Logistics Solution Provider•Services•Mid Cap

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:

Inland Transport: They facilitate inland transport by rail for containers.
Port Management: The company manages ports and air cargo complexes.
Cold-Chain Business: Engaging in the cold-chain logistics for fruits and vegetables.
Multimodal Logistics: They develop multimodal logistics support for containerization and trade.
Road Transportation: Offers door-to-door road transportation services.
Logistics Facilities: Operates logistics facilities such as dry ports, container freight stations, and private freight terminals.

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.

Industry Group:Transport Services

Employees:1,297

Website:concorindia.co.in

Summary of Latest Earnings Report from Container Corp Of India

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.

Earnings Outlook

Last updated: Feb 25

Management Outlook and Major Points:
1. Growth & Market Share:

Throughput growth of 7.8% in 9M FY25, with EXIM up 5% and domestic up 24.7% in Q3.
Gained EXIM market share across India (73 bps), Mundra (180 bps), and Pipavav (278 bps).
Target to handle 5 million TEUs in FY25 (historic milestone).

2. Infrastructure & Capex:

40% increase in FY25 capex to Rs.855 crores (from Rs.610 crores) for terminal expansion, container procurement, and rake additions.
Plan to reach 80 terminals, 500+ rakes, and 70,000 containers by 2028.

3. Operational Initiatives:

Double-stack operations: Expanded to Varnama (near JNPT) to reduce transit time; 11.25% growth in double-stack rakes YoY.
New services: Gangavaram port connectivity (700 TEUs handled), reefer exports, and bulk cement transport via 1,000 tank containers (procurement underway).

4. Demand & Geopolitical Challenges:

Strong demand in auto parts (imports +34%), food, textiles, and rice exports.
Recovered volumes in January after December's geopolitical disruptions (Red Sea crisis, port congestion).

5. Margins & Financials:

Maintained rail freight margin at 25.76% (up 15 bps YoY) and flat operating margin (~30%).
Interim dividend of Rs.4.25/share declared (total Rs.9.50/share for FY25).

6. DFC Impact:

DFC connectivity to JNPT (expected Dec 2025) to boost rail share (currently 15.7% at JNPT vs. 24% at Mundra).
Timely cargo movement (e.g., Dadri-Mundra in 38 hours vs. 55 hours by road) driving 11-15% road-to-rail shift.

7. Outlook:

Double-digit volume growth expected in Q4 FY25 (EXIM and domestic).
Long-term growth drivers: DFC integration, customer agreements, and sustainable logistics (ESG focus).

(Summarized within 2000 characters as requested.)

Q&A Session

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.

The Good, Bad and Ugly

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Insider Trading

Category	CONCOR	Transport
PE	31.55	-570.40
PS	4.43	1.60
Growth	5.1 %	9.1 %

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%

Description	Share	Value
EXIM	62.9%	1.4 kCr
DOM	37.1%	819 Cr
Total		2.2 kCr

Balance Sheet for Container Corp Of India

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	40.2%	266	190	369	308	290	369
Current investments	-	110	0	122	122	0	0
Loans, current	7.1%	16	15	14	14	12	12
Total current financial assets	16.7%	4,432	3,798	3,962	3,556	3,650	3,175
Inventories	-16.3%	42	50	42	37	28	31
Total current assets	14.9%	4,821	4,197	4,501	4,053	4,178	3,631
Property, plant and equipment	2.3%	5,847	5,718	5,437	5,321	5,284	5,384
Capital work-in-progress	2.3%	898	878	765	813	724	738
Non-current investments	-8.3%	1,224	1,334	1,321	1,321	1,441	1,436
Loans, non-current	6.7%	49	46	45	41	37	47
Total non-current financial assets	-6.8%	1,350	1,448	1,434	1,441	1,520	1,550
Total non-current assets	-2.5%	9,428	9,668	9,302	9,228	9,044	9,171
Total assets	2.8%	14,249	13,865	13,803	13,281	13,222	12,802
Total non-current financial liabilities	-2.7%	716	736	639	641	503	550
Provisions, non-current	0%	79	79	74	75	95	87
Total non-current liabilities	-2.6%	795	816	714	716	599	638
Total current financial liabilities	8%	786	728	922	783	1,016	882
Provisions, current	31.4%	93	71	94	69	93	71
Total current liabilities	4%	1,286	1,236	1,479	1,320	1,557	1,387
Total liabilities	1.4%	2,081	2,053	2,193	2,036	2,156	2,024
Equity share capital	0%	305	305	305	305	305	305
Total equity	3%	12,168	11,812	11,609	11,245	11,066	10,777
Total equity and liabilities	2.8%	14,249	13,865	13,803	13,281	13,222	12,802

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	42.7%	275	193	382	344	336	383
Current investments	-	110	0	122	122	0	0
Loans, current	7.1%	16	15	14	14	12	12
Total current financial assets	16.7%	4,527	3,879	4,010	3,616	3,722	3,214
Inventories	-16.3%	42	50	42	37	28	31
Current tax assets	207.2%	3.12	1.69	2.22	1.52	1.55	1.11
Total current assets	14.9%	4,925	4,286	4,558	4,121	4,256	3,674
Property, plant and equipment	2%	6,133	6,012	5,739	5,617	5,580	5,716
Capital work-in-progress	2.3%	898	878	765	823	732	745
Non-current investments	-10.8%	988	1,107	1,098	1,091	1,213	1,207
Loans, non-current	6.7%	49	46	45	41	37	47
Total non-current financial assets	-8.7%	1,117	1,223	1,240	1,232	1,314	1,340
Total non-current assets	-2.6%	9,500	9,752	9,430	9,344	9,166	9,327
Total assets	2.8%	14,425	14,038	13,988	13,465	13,422	13,001
Borrowings, non-current	0%	24	24	46	49	52	55
Total non-current financial liabilities	-2.8%	762	784	709	709	570	632
Provisions, non-current	0%	79	79	74	75	95	87
Total non-current liabilities	-2.7%	843	866	786	787	668	722
Borrowings, current	-199%	0	2.01	6.36	6.36	6.36	6.36
Total current financial liabilities	8.7%	799	735	940	809	1,056	915
Provisions, current	31.4%	93	71	94	69	93	71
Total current liabilities	4.3%	1,300	1,246	1,498	1,350	1,602	1,423
Total liabilities	1.5%	2,144	2,112	2,284	2,137	2,270	2,145
Equity share capital	0%	305	305	305	305	305	305
Non controlling interest	2%	105	103	103	102	101	101
Total equity	3%	12,281	11,927	11,704	11,328	11,152	10,857
Total equity and liabilities	2.8%	14,425	14,038	13,988	13,465	13,422	13,001

Income Statement for Container Corp Of India

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	6.5%	8,632	8,103	7,594	6,385	6,474	6,882
Other Income	16.7%	378	324	263	285	280	334
Total Income	6.9%	9,011	8,427	7,858	6,670	6,754	7,216
Employee Expense	8.5%	463	427	416	425	314	337
Finance costs	14.3%	65	57	55	34	36	0.74
Depreciation and Amortization	8.5%	601	554	530	522	513	425
Other expenses	7%	6,240	5,834	5,450	4,927	4,485	4,765
Total Expenses	7.2%	7,369	6,872	6,450	5,908	5,348	5,527
Profit Before exceptional items and Tax	5.6%	1,642	1,555	1,407	762	1,406	1,689
Exceptional items before tax	-261.8%	-7.14	-1.25	-0.08	-83.36	-881.63	0
Total profit before tax	5.2%	1,634	1,554	1,407	679	524	1,689
Current tax	3.7%	398	384	381	213	321	484
Deferred tax	1215.4%	5.35	0.61	-35.83	-37.09	-172.61	-10.66
Total tax	4.9%	404	385	345	176	148	473
Total profit (loss) for period	5.3%	1,231	1,169	1,062	503	376	1,215
Other comp. income net of taxes	-80.1%	6.78	30	-1.34	-7.89	-10.33	-1.86
Total Comprehensive Income	3.3%	1,238	1,199	1,061	495	365	1,214
Earnings Per Share, Basic	5.6%	20.2	19.19	17.44	8.26	6.17	19.95
Earnings Per Share, Diluted	5.6%	20.2	19.19	17.44	8.26	6.17	19.95

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-3.5%	2,202	2,283	2,097	2,318	2,205	2,190
Other Income	-24%	99	130	92	94	101	102
Total Income	-4.6%	2,301	2,413	2,189	2,411	2,306	2,293
Employee Expense	7.9%	124	115	117	123	112	122
Finance costs	-5.9%	17	18	18	19	18	15
Depreciation and Amortization	-50.3%	81	162	165	160	154	149
Other expenses	1.7%	1,620	1,593	1,548	1,706	1,582	1,531
Total Expenses	-2.4%	1,842	1,887	1,848	2,008	1,865	1,816
Profit Before exceptional items and Tax	-12.6%	460	526	341	403	441	476
Exceptional items before tax	97.1%	0	-33.32	0	-7.14	0	0
Total profit before tax	-6.5%	460	492	341	396	441	476
Current tax	-12.5%	92	105	103	93	97	117
Deferred tax	43.8%	24	17	-17.08	9.11	9.01	1.5
Total tax	-4.2%	116	121	86	102	106	119
Total profit (loss) for period	-7.6%	343	371	255	295	334	358
Other comp. income net of taxes	1.5%	1.68	1.67	1.68	-2.52	3.1	-1.19
Total Comprehensive Income	-7.5%	345	373	257	292	338	357
Earnings Per Share, Basic	-8.8%	5.64	6.09	4.19	4.83	5.49	5.87
Earnings Per Share, Diluted	-8.8%	5.64	6.09	4.19	4.83	5.49	5.87

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	5.9%	8,653	8,169	7,653	6,427	6,539	-
Other Income	18.3%	370	313	247	270	253	-
Total Income	6.4%	9,024	8,483	7,900	6,697	6,793	-
Employee Expense	7.4%	463	431	419	429	317	-
Finance costs	11.1%	71	64	62	43	46	-
Depreciation and Amortization	8%	619	573	561	553	544	-
Other expenses	6.1%	6,232	5,873	5,486	4,952	4,529	-
Total Expenses	6.4%	7,385	6,940	6,529	5,977	5,436	-
Profit Before exceptional items and Tax	6.2%	1,638	1,542	1,371	721	1,357	-
Exceptional items before tax	-	0	0	0	-78.65	-851.82	-
Total profit before tax	6.2%	1,638	1,542	1,371	642	505	-
Current tax	3.7%	398	384	381	213	324	-
Deferred tax	51.9%	8.11	5.68	-38.31	-40.15	-186.26	-
Total tax	4.1%	406	390	342	173	138	-
Total profit (loss) for period	7.6%	1,262	1,173	1,052	501	407	-
Other comp. income net of taxes	-80.2%	6.55	29	0.64	-7.7	-11.33	-
Total Comprehensive Income	5.5%	1,269	1,203	1,053	493	395	-
Earnings Per Share, Basic	7.9%	20.71	19.26	17.27	8.22	6.67	-
Earnings Per Share, Diluted	7.9%	20.71	19.26	17.27	8.22	6.67	-
Debt equity ratio	-	0	0	001	001	-	-

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-3.5%	2,208	2,288	2,103	2,325	2,211	2,195
Other Income	-25.8%	96	129	94	93	92	105
Total Income	-4.7%	2,304	2,417	2,197	2,418	2,302	2,300
Employee Expense	7.9%	124	115	117	123	112	122
Finance costs	-5.6%	18	19	19	20	19	17
Depreciation and Amortization	-49.1%	85	166	169	165	159	153
Other expenses	1.8%	1,619	1,591	1,545	1,704	1,581	1,526
Total Expenses	-2.3%	1,847	1,891	1,850	2,011	1,871	1,818
Profit Before exceptional items and Tax	-13.1%	457	526	347	406	431	482
Exceptional items before tax	97.1%	0	-33.32	0	0	0	0
Total profit before tax	-7.3%	457	493	347	406	431	482
Current tax	-12.5%	92	105	103	93	97	117
Deferred tax	43.8%	24	17	-16.14	13	8.43	1.74
Total tax	-4.1%	117	122	87	105	106	119
Total profit (loss) for period	0.3%	367	366	259	318	331	368
Other comp. income net of taxes	-12.7%	1.69	1.79	1.43	-2.73	3.09	-1.17
Total Comprehensive Income	0.3%	369	368	261	315	334	367
Earnings Per Share, Basic	0.4%	6.03	6.01	4.26	5.22	5.43	6.05
Earnings Per Share, Diluted	0.4%	6.03	6.01	4.26	5.22	5.43	6.05

Valuation
Market Cap	41.76 kCr
Price/Earnings (Trailing)	31.86
Price/Sales (Trailing)	4.47
EV/EBITDA	17.66
Price/Free Cashflow	77.84
MarketCap/EBT	24.52

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%

Investor Care
Dividend Yield	1.75%
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

Cash Flow for Container Corp Of India

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	14.3%	65	57	55
Change in inventories	-83.5%	-12.76	-6.5	-7.43
Depreciation	8.4%	606	559	535
Dividend income	0%	14	14	15
Adjustments for interest income	37.7%	308	224	185
Net Cashflows from Operations	-0.7%	1,795	1,808	1,697
Income taxes paid (refund)	0%	425	425	357
Net Cashflows From Operating Activities	-0.9%	1,369	1,382	1,341
Proceeds from sales of PPE	-47.6%	12	22	12
Purchase of property, plant and equipment	41%	727	516	777
Purchase of intangible assets	75.9%	0.79	0.13	2.26
Purchase of intangible assets under development	-119.3%	0.62	2.97	7.5
Purchase of other long-term assets	-	0	0	473
Dividends received	0%	14	14	15
Interest received	59.9%	292	183	173
Other inflows (outflows) of cash	10.1%	-273.24	-303.97	0
Net Cashflows From Investing Activities	-13.2%	-683.16	-603.64	-1,059.64
Payments of lease liabilities	-100.9%	0	108	89
Dividends paid	-8.4%	670	731	487
Interest paid	3.4%	0.14	0.11	0.02
Net Cashflows from Financing Activities	4.1%	-804.66	-839.16	-576.73
Net change in cash and cash eq.	-95.1%	-118.67	-60.34	-295.81

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	11.1%	71	64	62
Change in inventories	-87.2%	-13.04	-6.5	-7.4
Depreciation	8%	624	578	567
Adjustments for interest income	37.4%	313	228	187
Net Cashflows from Operations	-1%	1,813	1,832	1,727
Income taxes paid (refund)	-0.5%	424	426	357
Net Cashflows From Operating Activities	-1.3%	1,388	1,406	1,369
Proceeds from sales of PPE	-86.7%	12	84	9.67
Purchase of property, plant and equipment	29.4%	741	573	778
Purchase of intangible assets	75.9%	0.79	0.13	1.44
Purchase of intangible assets under development	-119.3%	0.62	2.97	7.5
Purchase of other long-term assets	-	0	0	467
Interest received	57.2%	295	188	174
Other inflows (outflows) of cash	8.9%	-263.71	-289.67	0
Net Cashflows From Investing Activities	-17.7%	-698.67	-593.44	-1,070.19
Repayments of borrowings	421.4%	29	6.37	6.36
Payments of lease liabilities	23.6%	137	111	97
Dividends paid	-8.4%	670	731	487
Interest paid	-30.2%	3.54	4.64	4.61
Net Cashflows from Financing Activities	1.6%	-840.1	-853.59	-594.98
Net change in cash and cash eq.	-258.5%	-150.27	-41.2	-295.75

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	15.4 kCr	5.67 kCr	+0.81%	+1.53%	55.99	2.72	+8.76%	-6.02%
TCI	Transport Corp of IndiaLogistics Solution Provider	8.48 kCr	4.44 kCr	+5.18%	+28.41%	20.98	1.91	+11.87%	+21.19%
ALLCARGO	Allcargo LogisticsLogistics Solution Provider	2.93 kCr	15.67 kCr	+1.51%	-60.29%	73.52	0.19	+18.14%	-80.50%
MAHLOG	Mahindra LogisticsLogistics Solution Provider	2.19 kCr	6 kCr	+14.39%	-35.76%	-59.84	0.37	+12.27%	+13.24%
VRL	Vasundhara RasayansPharmaceuticals	88.61 Cr	38.05 Cr	-2.85%	+6.34%	15.37	2.31	+2.41%	+40.28%

CONCOR - Container Corporation Of India Ltd. Share Price

What does Container Corporation Of India Ltd. do?

Summary of Latest Earnings Report from Container Corp Of India

Sector Comparison: CONCOR vs Transport Services

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Revenue Breakdown

Balance Sheet for Container Corp Of India

Income Statement for Container Corp Of India

Valuation

Fundamentals

Profitability

Investor Care

Financial Health

Cash Flow for Container Corp Of India

Is Container Corp Of India Better than it's peers?

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)