CONCOR LTD

Container Corporation Of India (CONCOR) is engaged in the business of providing inland transportation of containers by rail. It also covers the Management of Ports, Air cargo complexes and establishes cold chains.

Key Products

• Carrier
• Terminal Operator
• Container Freight Station (CFS) Operator

Shareholding Pattern

-PUBLIC GROUP

–PROMOTER GROUP

Financial Summary

Synopsis of Financials

• Achieved highest ever throughput of 4.72 million TEUs in FY ’24.
• Highest ever containerized cargo movement of 51.67 million tons in FY ’24.
• Highest turnover of Rs. 9,010.76 crores in FY ’24.
• Highest ever Profit After Tax (PAT) of Rs. 1230.79 crores in FY ’24.
• Record number of double-stacked trains in FY ’24 – 5,440 trains.
• Capex spent in FY ’24 was Rs. 745 crores

Final Outlook

Container Corporation of India Ltd. (CONCOR) exhibits strong financial stability and attractive shareholder returns, making it a viable investment option. The company is almost debt-free, enhancing its financial stability and reducing risk for investors. It has consistently maintained a healthy dividend payout ratio of 55.3%, reflecting a commitment to returning value to its shareholders. Trading at 5.62 times its book value, the stock commands a significant premium over its net asset value. Despite delivering modest sales growth of 4.46% over the past five years and a relatively low return on equity of 10.6% over the last three years, CONCOR’s government ownership ensures consistent profitability and perceived stability. Known for paying regular dividends, the company appeals to income-focused investors. Given the solid fundamentals, regular dividend payments, and financial stability.

I Will Give BUY/HOLD Recommendation For this stock