Container Corporation of India Ltd.
CONCORServices filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
13 transcript(s)/analyst meet(s) served; 2 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (1 of 13 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20221118 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230526 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230821 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231109 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240131 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240522 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240816 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241106 | 2024-09-30 | yes | |
| DUPLICATE | 20241106 | 2024-09-30 | no | |
| TRANSCRIPT | 20250207 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250528 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250811 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251119 | 2025-09-30 | yes | |
| DUPLICATE | 20251119 | 2025-09-30 | no | |
| TRANSCRIPT | 20260205 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260603 | 2026-03-31 | yes |
CONCOR
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
The closes are adjusted for every split and bonus on record inside the period this series covers, and each adjustment is checked against the price move on its ex-date.
| Last close | 466.30 |
| 52-week range | 423.75 – 553.85 |
| Return 1M | -9.63% |
| Return 3M | -0.74% |
| Return 1Y | -12.15% |
| Return 3Y | -20.17% |
| Return 5Y | -16.68% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 2,160.00 |
| Other income | 86.00 |
| Total income | 2,245.00 |
| Cost of materials consumed | 0.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | 0.00 |
| Employee benefit expense | 114.00 |
| Finance costs | 20.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.55 | 0.00 |
| institutions foreign | 0.08 | -0.00 |
| institutions domestic | 0.30 | 0.00 |
| mutual funds | 0.15 | 0.01 |
| public | 0.45 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| DUPLICATE | 2025-09-30 | 2 |
| TRANSCRIPT | 2026-03-31 | 14 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-06-30 | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,994.00 | 1,986.00 | 2,004.00 | 2,184.00 | 1,923.00 | 2,195.00 | 2,211.00 | 2,325.00 | 2,103.00 | 2,288.00 | 2,208.00 | 2,154.00 | 2,355.00 | 2,308.00 | 2,263.00 | 2,160.00 |
| Other income | 69.00 | 45.00 | 107.00 | 94.00 | 81.00 | 105.00 | 92.00 | 93.00 | 94.00 | 129.00 | 96.00 | 95.00 | 88.00 | 92.00 | 89.00 | 86.00 |
| Total income | 2,062.00 | 2,031.00 | 2,111.00 | 2,278.00 | 2,004.00 | 2,300.00 | 2,302.00 | 2,418.00 | 2,197.00 | 2,417.00 | 2,304.00 | 2,249.00 | 2,442.00 | 2,400.00 | 2,352.00 | 2,245.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 104.00 | 93.00 | 108.00 | 125.00 | 106.00 | 122.00 | 112.00 | 123.00 | 117.00 | 115.00 | 124.00 | 146.00 | 116.00 | 125.00 | 133.00 | 114.00 |
| Finance costs | 15.00 | 16.00 | 16.00 | 17.00 | 16.00 | 17.00 | 19.00 | 20.00 | 19.00 | 19.00 | 18.00 | 17.00 | 19.00 | 20.00 | 21.00 | 20.00 |
| Depreciation and amortisation | 137.00 | 139.00 | 140.00 | 158.00 | 142.00 | 153.00 | 159.00 | 165.00 | 169.00 | 166.00 | 85.00 | 162.00 | 147.00 | 154.00 | 153.00 | 150.00 |
| Other expenses | 1,411.00 | 1,388.00 | 1,466.00 | 1,608.00 | 1,421.00 | 1,526.00 | 1,581.00 | 1,704.00 | 1,545.00 | 1,591.00 | 1,619.00 | 1,575.00 | 1,663.00 | 1,668.00 | 1,703.00 | 1,602.00 |
| Total expenses | 1,668.00 | 1,635.00 | 1,730.00 | 1,907.00 | 1,685.00 | 1,818.00 | 1,871.00 | 2,011.00 | 1,850.00 | 1,891.00 | 1,847.00 | 1,900.00 | 1,945.00 | 1,967.00 | 2,010.00 | 1,885.00 |
| Profit before exceptional items and tax | 394.00 | 396.00 | 381.00 | 371.00 | 319.00 | 482.00 | 431.00 | 406.00 | 347.00 | 526.00 | 457.00 | 349.00 | 498.00 | 433.00 | 342.00 | 360.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -33.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 394.00 | 396.00 | 381.00 | 371.00 | 319.00 | 482.00 | 431.00 | 406.00 | 347.00 | 493.00 | 457.00 | 349.00 | 498.00 | 433.00 | 342.00 | 360.00 |
| Current tax | 98.00 | 105.00 | 90.00 | 91.00 | 91.00 | 117.00 | 97.00 | 93.00 | 103.00 | 105.00 | 92.00 | 91.00 | 115.00 | 94.00 | 59.00 | 74.00 |
| Deferred tax | 3.00 | -5.00 | 3.00 | 5.00 | -15.00 | 2.00 | 8.00 | 13.00 | -16.00 | 17.00 | 24.00 | -1.00 | 14.00 | 10.00 | 23.00 | 13.00 |
| Tax expense | 100.00 | 100.00 | 93.00 | 96.00 | 77.00 | 119.00 | 106.00 | 105.00 | 87.00 | 122.00 | 117.00 | 90.00 | 129.00 | 104.00 | 82.00 | 88.00 |
| Profit for the period | 297.00 | 304.00 | 293.00 | 279.00 | 245.00 | 368.00 | 331.00 | 318.00 | 259.00 | 366.00 | 367.00 | 267.00 | 380.00 | 335.00 | 264.00 | 269.00 |
| Profit attributable to owners | 297.00 | 303.00 | 294.00 | 279.00 | 246.00 | 367.00 | 331.00 | 317.00 | 258.00 | 365.00 | 367.00 | 267.00 | 379.00 | 334.00 | 263.00 | 267.00 |
| Profit attributable to non-controlling interests | -0.00 | 0.00 | -1.00 | 0.00 | -0.00 | 1.00 | -0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 |
| Other comprehensive income | -0.00 | -0.00 | 11.00 | 19.00 | 7.00 | -1.00 | 3.00 | -3.00 | 1.00 | 2.00 | 2.00 | -1.00 | 7.00 | 3.00 | 11.00 | 2.00 |
| Total comprehensive income | 296.00 | 303.00 | 305.00 | 298.00 | 253.00 | 367.00 | 334.00 | 315.00 | 261.00 | 368.00 | 369.00 | 266.00 | 387.00 | 338.00 | 274.00 | 271.00 |
| Earnings per share, basic | 4.87 | 4.99 | 4.82 | 4.59 | 4.02 | 6.05 | 5.43 | 5.22 | 4.26 | 6.01 | 6.03 | 3.51 | 4.99 | 4.40 | 3.46 | 3.53 |
| Earnings per share, diluted | 4.87 | 4.99 | 4.82 | 4.59 | 4.02 | 6.05 | 5.43 | 5.22 | 4.26 | 6.01 | 6.03 | 3.51 | 4.99 | 4.40 | 3.46 | 3.53 |
Annual results, as filed
| Line | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Revenue from operations | 6,539.00 | 6,427.00 | 7,653.00 | 8,169.00 | 8,653.00 | 9,079.00 |
| Other income | 253.00 | 270.00 | 247.00 | 313.00 | 370.00 | 364.00 |
| Total income | 6,793.00 | 6,697.00 | 7,900.00 | 8,483.00 | 9,024.00 | 9,443.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 317.00 | 429.00 | 419.00 | 431.00 | 463.00 | 520.00 |
| Finance costs | 46.00 | 43.00 | 62.00 | 64.00 | 71.00 | 78.00 |
| Depreciation and amortisation | 544.00 | 553.00 | 561.00 | 573.00 | 619.00 | 616.00 |
| Other expenses | 4,529.00 | 4,952.00 | 5,486.00 | 5,873.00 | 6,232.00 | 6,609.00 |
| Total expenses | 5,436.00 | 5,977.00 | 6,529.00 | 6,940.00 | 7,385.00 | 7,822.00 |
| Profit before exceptional items and tax | 1,357.00 | 721.00 | 1,371.00 | 1,542.00 | 1,638.00 | 1,621.00 |
| Exceptional items | -852.00 | -79.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 505.00 | 642.00 | 1,371.00 | 1,542.00 | 1,638.00 | 1,621.00 |
| Current tax | 324.00 | 213.00 | 381.00 | 384.00 | 398.00 | 358.00 |
| Deferred tax | -186.00 | -40.00 | -38.00 | 6.00 | 8.00 | 47.00 |
| Tax expense | 138.00 | 173.00 | 342.00 | 390.00 | 406.00 | 405.00 |
| Profit for the period | 407.00 | 501.00 | 1,052.00 | 1,173.00 | 1,262.00 | 1,246.00 |
| Profit attributable to owners | 404.00 | 505.00 | 1,055.00 | 1,174.00 | 1,261.00 | 1,242.00 |
| Profit attributable to non-controlling interests | 2.00 | -5.00 | -3.00 | -0.00 | 2.00 | 4.00 |
| Other comprehensive income | -11.00 | -8.00 | 1.00 | 29.00 | 7.00 | 20.00 |
| Total comprehensive income | 395.00 | 493.00 | 1,053.00 | 1,203.00 | 1,269.00 | 1,266.00 |
| Earnings per share, basic | 6.67 | 8.22 | 17.27 | 19.26 | 20.71 | 16.36 |
| Earnings per share, diluted | 6.67 | 8.22 | 17.27 | 19.26 | 20.71 | 16.36 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Total assets | 13,422.00 | 13,465.00 | 13,988.00 | 14,038.00 | 14,425.00 | 14,960.00 | 15,176.00 |
| Non-current assets | 9,166.00 | 9,344.00 | 9,430.00 | 9,752.00 | 9,500.00 | 9,820.00 | 10,413.00 |
| Current assets | 4,256.00 | 4,121.00 | 4,558.00 | 4,286.00 | 4,925.00 | 5,140.00 | 4,762.00 |
| Property, plant and equipment | 5,580.00 | 5,617.00 | 5,739.00 | 6,012.00 | 6,133.00 | 6,830.00 | 7,163.00 |
| Capital work-in-progress | 732.00 | 823.00 | 765.00 | 878.00 | 898.00 | 785.00 | 901.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other intangible assets | 5.00 | 4.00 | 3.00 | 3.00 | 6.00 | 4.00 | 9.00 |
| Inventories | 28.00 | 37.00 | 42.00 | 50.00 | 42.00 | 50.00 | 52.00 |
| Trade receivables | 178.00 | 216.00 | 306.00 | 334.00 | 367.00 | 432.00 | 485.00 |
| Cash and cash equivalents | 336.00 | 344.00 | 382.00 | 193.00 | 275.00 | 495.00 | 654.00 |
| Total equity and liabilities | 13,422.00 | 13,465.00 | 13,988.00 | 14,038.00 | 14,425.00 | 14,960.00 | 15,176.00 |
| Equity | 11,152.00 | 11,328.00 | 11,704.00 | 11,927.00 | 12,281.00 | 12,896.00 | 13,052.00 |
| Equity share capital | 305.00 | 305.00 | 305.00 | 305.00 | 305.00 | 381.00 | 381.00 |
| Other equity | 10,746.00 | 10,921.00 | 11,297.00 | 11,519.00 | 11,871.00 | 12,407.00 | 12,562.00 |
| Total liabilities | 2,270.00 | 2,137.00 | 2,284.00 | 2,112.00 | 2,144.00 | 2,064.00 | 2,123.00 |
| Non-current liabilities | 668.00 | 787.00 | 786.00 | 866.00 | 843.00 | 883.00 | 909.00 |
| Current liabilities | 1,602.00 | 1,350.00 | 1,498.00 | 1,246.00 | 1,300.00 | 1,181.00 | 1,215.00 |
| Borrowings, non-current | 52.00 | 49.00 | 46.00 | 24.00 | 24.00 | 24.00 | 24.00 |
| Borrowings, current | 6.00 | 6.00 | 6.00 | 2.00 | 0.00 | 0.00 | 0.00 |
| Trade payables | 312.00 | 382.00 | 323.00 | 281.00 | 183.00 | 120.00 | 235.00 |
Cash flow, as filed
| Line | 2022-03-31 | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 1,369.00 | 686.00 | 1,406.00 | 662.00 | 1,388.00 | 808.00 | 760.00 | 1,482.00 |
| Net cash from investing activities | -1,070.00 | -555.00 | -593.00 | -431.00 | -699.00 | -499.00 | -377.00 | -236.00 |
| Net cash from financing activities | -595.00 | -178.00 | -854.00 | -193.00 | -840.00 | -227.00 | -250.00 | -954.00 |
| Purchase of property, plant and equipment | 778.00 | 117.00 | 573.00 | 375.00 | 741.00 | 266.00 | 512.00 | 1,083.00 |
| Net increase in cash | -296.00 | -47.00 | -41.00 | 38.00 | -150.00 | 81.00 | 132.00 | 292.00 |
| con:CFO.BEFORE_TAX | 1,727.00 | 882.00 | 1,832.00 | 852.00 | 1,813.00 | 889.00 | 930.00 | 1,856.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 357.00 | 196.00 | 426.00 | 190.00 | 424.00 | 81.00 | 170.00 | 374.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 10.00 | 0.00 | 84.00 | 2.00 | 12.00 | 15.00 | 6.00 | 7.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-07-07 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 54.80 | 54.80 | 54.80 | 54.80 | 54.80 | 54.80 | 54.80 | 54.80 | 54.80 | 54.80 | 0.55 | 0.55 | 0.55 | 0.55 |
| Domestic institutions | 20.48 | 21.46 | 22.77 | 24.88 | 24.71 | 25.73 | 25.70 | 26.19 | 26.11 | 25.95 | 0.26 | 0.29 | 0.30 | 0.30 |
| Mutual funds | — | — | — | — | — | — | — | — | 9.44 | 9.25 | 0.09 | 0.13 | 0.14 | 0.15 |
| Insurance companies | 6.21 | 7.39 | 8.45 | 8.80 | 8.86 | 10.79 | 11.69 | 12.36 | 12.86 | 12.86 | 0.13 | 0.13 | 0.13 | 0.13 |
| Foreign institutions | 21.58 | 20.70 | 19.55 | 16.63 | 16.15 | 13.66 | 13.48 | 13.10 | 12.74 | 12.69 | 0.12 | 0.09 | 0.08 | 0.08 |
| Government | — | — | — | — | — | — | — | — | 0.08 | 0.08 | — | 0.00 | — | — |
| Public | 45.20 | 45.20 | 45.20 | 45.20 | 45.20 | 45.20 | 45.20 | 45.20 | 45.20 | 45.20 | 0.45 | 0.45 | 0.45 | 0.45 |
| Non-institutional | 3.02 | 2.92 | 2.76 | 3.58 | 4.22 | 5.73 | 5.94 | 5.83 | 6.27 | 6.47 | 0.07 | 0.07 | 0.07 | 0.07 |
| Shares outstanding | 609294348 | 609294348 | 609294348 | 609294348 | 609294348 | 609294348 | 609294348 | 609294348 | 609294348 | 761617935 | 761617935 | 761617935 | 761617935 | 761617935 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Indian Railways | Parent Organization | Purchase of fixed assets, Purchase of goods or servi | 26,564,000,000.00 | 3 |
| TCI-CONCOR Multimodal Solutions Pvt. Ltd. | Joint Venture | Any other transaction, Dividend received, Investment | 1,497,500,000.00 | 5 |
| CONCOR Employees CPF Trust | Trust for employee benefit | Any other transaction | 400,600,000.00 | 1 |
| Transworld Terminals Dadri Private Limited | Joint Venture | Any other transaction, Investment, Sale of goods or | 308,300,000.00 | 3 |
| CMA-CGM Logistics Park(Dadri) Pvt. Ltd. | Joint Venture | Any other transaction, Dividend received, Investment | 208,900,000.00 | 4 |
| Punjab Logistics Infrastructure Ltd | Subsidiary | Investment, Purchase of goods or services, Sale of g | 168,100,000.00 | 3 |
| All cargo Logistics Park Pvt. Ltd. | Joint Venture | Any other transaction, Investment, Sale of goods or | 161,500,000.00 | 3 |
| CONCOR Employees Pension Trust | Trust for employee benefit | Any other transaction | 145,200,000.00 | 1 |
| Star Track Terminals Pvt. Ltd. | Joint Venture | Any other transaction, Investment, Sale of goods or | 135,400,000.00 | 3 |
| SIDCUL CONCOR Infra Company Ltd | Subsidiary | Investment, Purchase of goods or services, Sale of g | 119,400,000.00 | 3 |
| Gateway Terminals India Pvt. Ltd. | Joint Venture | Investment, Sale of goods or services | 61,500,000.00 | 2 |
| CONCOR Employees Gratuity Fund | Trust for employee benefit | Any other transaction | 27,600,000.00 | 1 |
| CONCOR Medical Trust | Trust for employee benefit | Any other transaction | 20,300,000.00 | 1 |
| State Infrastructure & Industrial Development Corporatio | Parent Organization | Purchase of goods or services | 14,300,000.00 | 1 |
| Mohd. Azhar Shams | Director( Domestic) | Loan, Remuneration | 5,500,000.00 | 2 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-02-05 | Q3FY26 | CORPORATION OF INDIA LIMITED, LIMITED | Read the call |
| 2025-11-19 | Q2FY26 | LIMITED | Read the call |
| 2025-08-11 | Q1FY26 | LIMITED | Read the call |
| 2025-05-28 | Q4FY25 | CORPORATION OF INDIA LIMITED, LIMITED | Read the call |
| 2025-02-07 | Q3FY25 | LIMITED | Read the call |
| 2024-11-06 | Q2FY25 | (INTERNATIONAL MARKETING AND OPERATIONS),, CONCOR, DIRECTOR, CONCOR | Read the call |
| 2024-08-16 | Q1FY25 | CORPORATION OF INDIA LIMITED, LIMITED | Read the call |
| 2024-05-22 | Q4FY24 | CORPORATION OF INDIA LIMITED, LIMITED | Read the call |
| 2024-01-31 | Q3FY24 | CORPORATION OF INDIA LIMITED, LIMITED | Read the call |
| 2023-11-09 | Q2FY24 | LIMITED | Read the call |
| 2023-08-21 | Q1FY24 | LIMITED | Read the call |
| 2023-05-26 | Q4FY23 | A Navratna Company, CAPITAL, CONCOR, LIMITED | Read the call |
| 2022-11-18 | Q2FY23 | CONTAINER | Read the call |
What they said about it, quarter by quarter
| Topic | Q2FY25 | Q2FY26 | Q3FY24 | Q3FY25 | Q3FY26 | Q4FY23 | Q4FY24 | Q4FY25 |
|---|---|---|---|---|---|---|---|---|
| Capex | — | Capex, we have already spent INR420.35 crores as against a budget of INR860 crores. | Last call, we mentioned that we are confident of reaching INR600crores of capex this year. | So while you highlighted that we will have 80 terminals, 500 rakes, 70,000 containers, is it possible to let us know a cumulative capex number till FY… | But apart from that, despite having the recent DFC getting operational to a larger extent, we are doing double-stacking on all these parts, we are doi… | In the last concall, you rightly indicated that capex would be back in the next year. | — | And all this was possible, and we achieved capex of INR810 crores in FY '25. |
| Capital allocation | You have rightly said, the other income, we have the income from interest, the dividend which we get from our subsidiaries, so these kind of income an… | At the outset, I am glad to announce the dividend approved by Board of Directors, INR2.60 on a share of par value of INR5. | Any update on the strategic divestment plan for CONCOR? | — | For EXIM in particular, how much is the dividend you are expecting because of DFC commissioning? | So let me share with you some customers are taking some positions because of the continued uncertainty going about the divestment, but then we found t… | — | And we have announced a dividend of INR2 per share, that is 40% dividend for this quarter, and it takes the total dividend to INR11.50 at a share valu… |
| Costs | — | And what is the cost saving proposition to the customer when they are shifting to the tank containers? | But exporters have to execute their orders, and importers have to get their raw material. | — | — | — | — | For upper deck, there will be substantial cost saving. |
| Debt and cash | First of all, your other income or your interest income, if I see the cash flows statement, has meaningfully gone up from 1Q to 2Q. | — | — | — | — | — | — | — |
| Demand | But from the last one week to 10 days, we are seeing good demand of rice exports. | Domestic demand, domestic throughput has been slightly less as per our expectations. | In domestic, we are getting very good business, very good demand now all across the country. | So all these 5 MMLPs will cater to the growing demand in hinterland. | So, as I already told in my opening remarks, the lead of EXIM has gone down by 2% due to less demand in North India. | We want to increase our domestic containers, our holding of containers over next five years to something like a 1 lakh to 2 lakhs, depending on the de… | So, in your press release, it is written that the Tughlakabad demand by Indian Railways at around Rs. | We also added infrastructure to meet this demand. |
| Guidance | Any guidance you would like to provide for FY '25, sir, on LLF? | Then guidance, I would like to keep them unchanged at 13%, EXIM 10%, domestic, 20%. | See, in the FY '24, the guidance that we gave in the beginning of the financial year, we will be able to achieve because of good volume growth in EXIM… | So what kind of volume growth can we expect in Q4 in both domestic and EXIM side? | Sir, my question is you have been giving guidance on volumes and as you rightly highlighted, you are not too far from that. | So, the container manufacturing is not going at the pace which we expect and which we want. | Just wanted to understand in terms of the guidance that we've given for EXIM at about 15% for FY '25. | For ESG, we have established CONCOR-TERI Center of Excellence for green and sustainable logistics for giving us various consultancy and guiding us how… |
| Margin | Now if I then assume this to be a one-off, it seems that your margins are much lesser than 25% at an EBITDA level. | And at the same time, we have increased our margin also. | Whereas we took 40 days, we gave a margin of 40 days to our customers to pass on that thing to them. | And also like on the EBITDA level if I just look at the EBITDA level for this quarter if I understand correctly, if I look at EBITDA per ton excluding… | We are not picking up the low margin business, because we believe in giving good service to our customers while retaining our margins. | Now, if I look at your margins from Q2, margins have gone one way down from 25% EBITDA margin I am talking about to 20.4% in this quarter. | And our margins, EBITDA, which is in the range of 25%, we are very confident that we will be able to maintain the 25% EBITDA in this financial year al… | First is the -- we deliberately did not pick up the low-margin traffic that was available. |
| People | — | — | — | — | — | — | And is there a way to understand the capacity utilization or efficiency in the way the wagons are being utilized currently? | — |
| Pricing | While we don't want the details in terms of the commercials, could you throw some light on pricing, etc? | Or is there some competitive intensity change that we are seeing in terms of pricing or services offered by others? | So that is why we are maintaining that market share and with our pricing policies and growth and giving service to our customers. | This -- on this realization, would it be fair to say that because volumes were weak, maybe some benefits, some pricing changes were made, which should… | — | Is it because of supply addition, terminal addition by competition or is it a pricing strategy that has been taken by competition that has led to mark… | So, of course, you told that service levels matter, more than what the competitors are pricing. | — |
| Revenue growth | But if you see year-on- year for first half, there is a growth of 14.5% in handling in domestic and 22% growth in originating TUEs in number of contai… | So this is also -- this will be also a growth area as far as our top line and bottom line are concerned. | In Q3, we have seen a growth of 55% quarter-on-quarter on double stacking and 38% in 9-month period over the last 9 months of last financial year. | And when I look at the port volumes, the container volume growth at say, Mundra or JNPT, it is up double digit in this quarter as well. | The reason is you are seeing the throughput growth and you are correlating it with the revenue growth. | — | And will the revenue also grow in the same ratio, 15% year-on-year or the revenue growth will be lower than 15%? | It includes EXIM growth of 7% and domestic growth of 12%. |