North Eastern Carrying Corporation Limited

Freight transportation and logistics services for bulk and retail customers, including full truck load and containerized movement.

1984 | Delhi (India) | Active
Last Updated: November 16, 2024

North Eastern Carrying Corporation Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 99.95 Cr
  • Company Age 40 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 160.90 Cr
  • Satisfied Charges ₹ 297.97 Cr
  • Revenue Growth 22.15%
  • Profit Growth 35.55%
  • Ebitda 31.47%
  • Net Worth 5.99%
  • Total Assets 11.72%

About North Eastern Carrying Corporation

North Eastern Carrying Corporation Limited (NECCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 December 1984 and has a history of 40 years and two months. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 534615 and on the National Stock Exchange(NSE) under NECCLTD.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 99.95 Cr.

The company currently has active open charges totaling ₹160.90 Cr. The company has closed loans amounting to ₹297.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at North Eastern Carrying Corporation Limited India are Mamta Bisht as COMPANY SECRETARY and Mamta Rawat as Company Secretary. Sunil Jain, Utkarsh Jain, Saurav Upadhyay, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    neccgroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L51909DL1984PLC019485

  • Company No.

    019485

  • Stock Symbol

    BSE : 534615 NSE : NECCLTD

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Dec 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Transport and Logistics

What products or services does North Eastern Carrying Corporation Limited offer?

North Eastern Carrying Corporation Limited offers a wide range of products and services, including Transport Agents & Bulk Carriers, Goods Transport Services, Packers & Movers, Domestic Relocation Service, Transportation Services, Full Truck Load Transport Service, Packers and Movers, Truck Loading Service, Warehousing Services, Container Transport Service.

Who are the key members and board of directors at North Eastern Carrying Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Sunil Jain Country flag representing In Managing Director10-Oct-1994Current
Mamta Bisht Country flag representing In Company Secretary14-Dec-2016Current
Mamta Rawat Company Secretary14-Dec-2016Current

Board Members (5)

NameDesignationAppointment DateStatus
Utkarsh Jain Country flag representing In Whole-Time Director 16-Dec-2013Current
Ashutosh Dubey Country flag representing In Director 14-Feb-2023Current
Saurav Upadhyay Country flag representing In Director 14-Feb-2023Current
Priya Singh Country flag representing In Director 14-Feb-2023Current
Pratyaksh Jain Country flag representing In Director 12-Mar-2024Current

Financial Performance of North Eastern Carrying Corporation.

North Eastern Carrying Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.15% increase. The company also saw a substantial improvement in profitability, with a 35.55% increase in profit. The company's net worth moved up by a moderate rise of 5.99%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
22.15%
Revenue from Operations
22.19%
Total Assets
11.72%
Profit or Loss
35.55%
Net Worth
5.99%
EBITDA
31.47%

What is the Ownership and Shareholding Structure of North Eastern Carrying Corporation?

In 2022, North Eastern Carrying Corporation had a promoter holding of 52.68% and a public holding of 47.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹160.90 Cr

Satisfied Charges

₹297.97 Cr

Charges Breakdown by Lending Institutions

  • Others : 89.04 Cr
  • Yes Bank Limited : 64.33 Cr
  • Hdfc Bank Limited : 5.70 Cr
  • Kotak Mahindra Bank Ltd : 1.83 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2024Yes Bank Limited₹64.33 CrOpen
08 Jan 2024Others₹1.15 MOpen
02 Jan 2024Hdfc Bank Limited₹1.15 MOpen
31 Oct 2023Hdfc Bank Limited₹2.35 MOpen
27 Oct 2023Others₹0.35 MOpen

How Many Employees Work at North Eastern Carrying Corporation?

North Eastern Carrying Corporation has a workforce of 498 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of North Eastern Carrying Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped North Eastern Carrying Corporation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on North Eastern Carrying Corporation

Recent activity within the organization

  • Annual General Meeting

    North Eastern Carrying Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 64.33 Cr with Charge ID 100952738 was registered on 30 Jul 2024.

    30 Jul 2024

  • Charges

    A charge registered on 29 Apr 2022 via Charge ID 100569880 with Hdfc Bank Limited was fully satisfied on 16 Jul 2024.

    16 Jul 2024

  • Charges

    A charge with Others of Rs. 28.00 Cr registered on 23 Jan 2019 with Charge ID 100239305 was modified on 12 Jul 2024.

    12 Jul 2024

  • Charges

    A charge registered on 09 Mar 2021 via Charge ID 100428745 with Hdfc Bank Limited was fully satisfied on 25 Jun 2024.

    25 Jun 2024

  • Charges

    A charge with Others of Rs. 59.33 Cr registered on 29 Jul 2011 with Charge ID 10302586 was modified on 18 May 2024.

    18 May 2024

Recent News, Updates & Announcement

Frequently asked questions

  • North Eastern Carrying Corporation Limited was incorporated on 05 Dec 1984.

  • The authorized share capital of North Eastern Carrying Corporation Limited is ₹ 100.00 Cr and paid-up capital is ₹ 99.95 Cr.

  • Currently 8 directors are associated with North Eastern Carrying Corporation Limited.

    • Sunil Kumar Jain
    • Utkarsh Jain
    • Saurav Upadhyay
    • Ashutosh Kumar Dubey
    • Priya Singh
    • Pratyaksh Jain
    • Mamta Bisht
    • Mamta Rawat
  • As per Ministry of Corporate Affairs (Mca), the registered address of North Eastern Carrying Corporation Limited is 9062/47 Ram Bagh Road Azad Market India, Delhi, 110006.

  • The corporate identification number (CIN) of North Eastern Carrying Corporation Limited is L51909DL1984PLC019485 and the company number is 019485 as per Ministry of Corporate Affairs (MCA).

  • Yes, North Eastern Carrying Corporation Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): NECCLTD.

  • The Official website of North Eastern Carrying Corporation Limited is https://www.neccgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for North Eastern Carrying Corporation Limited has risen by 22.15%.

  • As Per 2023 financial reports, 498 employees are currently employed by North Eastern Carrying Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of North Eastern Carrying Corporation Limited has experienced an upsurge of 5.99%.

  • As per the financial statements for fiscal Year 2023, The total open charges for North Eastern Carrying Corporation Limited amount to ₹ 160.90 Cr.

  • The most recent Balance Sheet for North Eastern Carrying Corporation Limited was filed with the ROC on 31 Mar 2024.

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