WatchTalking point
Profit lagging revenue
Revenue grew 2.2% but profit declined 3.9%, so the company kept less of each rupee of revenue as profit.
Importance 62 / 95 · growth
Container Corporation Of India · Research view
Container Corporation Of India Ltd.
NSE: CONCORBSE: 531344ISIN INE111A01025Face value ₹5consolidated
₹446
−0.54% · 2026-10-01 · 52-wk ₹424–₹554
Financials to FY2026 · 8 years of history · prices to 2026-10-01consolidatedstandalone
Section 02 · Synthesis
What stands out?
The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.
StrengthConcernWatchContext
WatchTalking point
Growth slowing
Revenue growth has slowed for 4 consecutive years, from 18.9% to 2.2%.
Importance 61 / 95 · growth
Context
Lower P/B than peers
Trades at 2.60× book — 83% below the transport services median of 14.91×.
Importance 55 / 95 · valuation
Section 03 · The company
Who is this company?
Classified by the exchange under Services › Services › Transport Services › Logistics Solution Provider.
- Market cap
- ₹33,938 cr
- FY2026 revenue
- ₹9,079 cr
- FY2026 net profit
- ₹1,246 cr
- Net worth
- ₹13,052 cr
- Total debt
- ₹24 cr
- EPS (basic)
- ₹16.36
- Listed
- NSE · BSE
- Reporting
- Ind-ASApr–Mar
Peer set used on this page: 2 transport services.
Section 04 · Business performance
Is the business growing?
RevenueNet profit
Watch
Revenue grew 2.2% but profit declined 3.9%, so the company kept less of each rupee of revenue as profit.
Rule PROFIT_SLOWER_THAN_REVENUE
- Revenue growth per year
- +5.6%over 6 years
- Revenue growth
- +2.2%vs last year
- Net profit growth
- −3.6%vs last year
- Change in net profit since FY20
- +206%
Revenue growth has slowed for 4 consecutive years, from 18.9% to 2.2%.
Revenue has compounded at 4.0% a year over 7 years (₹6,882 → ₹9,059) — steady rather than rapid.
Section 05 · Recent activity
What changed recently?
Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.
Concern
Q4 FY26 net profit was ₹264 cr, down 11.8% from ₹299 cr a year earlier.
Rule QTR_PROFIT_GROWTH_YOY
Concern
Q4 FY26 EBITDA margin was 22.8%, down 2.06 percentage points from 24.9% a year earlier.
Rule QTR_MARGIN_CHANGED_YOY
Watch
Q4 FY26 net profit declined 11.8% while revenue declined 1.1% vs the same quarter last year — a gap of 10.8 percentage points.
Rule QTR_PROFIT_VS_REVENUE_GROWTH
A. Quarterly results
RevenueNet profit
| Quarter | Revenue | YoY | Net profit | YoY | Net margin |
|---|---|---|---|---|---|
| Q2 FY25 | 2,288 | — | 366 | — | 16.0% |
| Q3 FY25 | 2,208 | −0.1% | 367 | +11.1% | 16.6% |
| Q4 FY25 | 2,288 | −1.6% | 299 | −6.0% | 13.1% |
| Q1 FY26 | 2,154 | +2.4% | 267 | +3.0% | 12.4% |
| Q2 FY26 | 2,355 | +2.9% | 380 | +3.7% | 16.1% |
| Q3 FY26 | 2,308 | +4.5% | 335 | −8.8% | 14.5% |
| Q4 FY26 | 2,263 | −1.1% | 264 | −11.8% | 11.6% |
| Q1 FY27 | 2,160 | +0.3% | 269 | +0.6% | 12.5% |
B. TTM snapshot
Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters
- Revenue
- ₹9,085 crTTM
- EBITDA
- ₹2,316 crTTM
- EBIT
- ₹1,712 crTTM
- PBT
- ₹1,632 crTTM
- Net profit
- ₹1,247 crTTM
C. Corporate actions
21 Sept 2026DividendFinal Dividend - Rs. - 1.0000 — ₹1.00/share
4 Aug 2026DividendInterim Dividend - Rs. - 1.6000 — ₹1.60/share
9 Feb 2026DividendInterim Dividend - Rs. - 3.4000 — ₹3.40/share
20 Nov 2025DividendInterim Dividend - Rs. - 2.6000 — ₹2.60/share
13 Aug 2025DividendInterim Dividend - Rs. - 1.6000 — ₹1.60/share
4 Jul 2025Bonus issueBonus issue 1:4 — 4:5
6 Jun 2025DividendFinal Dividend - Rs. - 2.0000 — ₹2.00/share
6 Feb 2025DividendInterim Dividend - Rs. - 4.2500 — ₹4.25/share
14 Nov 2024DividendInterim Dividend - Rs. - 3.2500 — ₹3.25/share
17 Sept 2024DividendFinal Dividend - Rs. - 2.5000 — ₹2.50/share
16 Aug 2024DividendInterim Dividend - Rs. - 2.0000 — ₹2.00/share
7 Feb 2024DividendInterim Dividend - Rs. - 4.0000 — ₹4.00/share
16 Nov 2023DividendInterim Dividend - Rs. - 3.0000 — ₹3.00/share
18 Sept 2023DividendFinal Dividend - Rs. - 2.0000 — ₹2.00/share
18 Aug 2023DividendInterim Dividend - Rs. - 2.0000 — ₹2.00/share
6 Feb 2023DividendInterim Dividend - Rs. - 4.0000 — ₹4.00/share
22 Nov 2022DividendInterim Dividend - Rs. - 3.0000 — ₹3.00/share
20 Sept 2022DividendFinal Dividend - Rs. - 3.0000 — ₹3.00/share
17 Aug 2022DividendInterim Dividend - Rs. - 2.0000 — ₹2.00/share
2 Feb 2022DividendInterim Dividend - Rs. - 2.0000 — ₹2.00/share
2 Nov 2021DividendInterim Dividend - Rs. - 4.0000 — ₹4.00/share
21 Sept 2021DividendFinal Dividend - Rs. - 2.0000 — ₹2.00/share
18 Nov 2020DividendInterim Dividend - Rs. - 3.0000 — ₹3.00/share
21 Sept 2020DividendFinal Dividend - Rs. - 2.8500 — ₹2.85/share
18 Feb 2020DividendInterim Dividend - Rs. - 0.7500 — ₹0.75/share
Section 06 · Business performance
Is it becoming more profitable?
EBITDA marginNet margin
Context
EBITDA margin has ranged from 20.6% to 30.7% over 7 years and sits at 25.3% now.
Rule MARGIN_RANGE_MULTIYEAR
- EBITDA margin now
- 25.5%
- 7-year range
- 20.5–29.8%
- ROE FY2026
- 9.8%
- ROCE FY2026
- 13.3%
Section 07 · Financial health
Is financial health improving?
Net worth (shareholders' funds)
Strength
Operating cash flow has matched or exceeded reported profit in 6 of the last 6 profit-making years (latest 1.20×).
Rule CFO_CONSISTENTLY_EXCEEDS_PAT
Operating cash flowNet profit
- Total debt
- ₹24 cr
- Operating cash flow ÷ net profit
- 1.19×FY2026
- Free cash flow
- ₹406 cr
- Current ratio
- 3.92×
Free cash flow has been positive in 6 of the last 6 years.
Section 08 · Relative position
How does it compare with peers?
Ranked against 2 transport services (FY2026, consolidated).
Not enough peers in this set report the underlying metrics yet for a ranking.
Context
Trades at 2.60× book — 83% below the transport services median of 14.91×.
Rule PB_BELOW_PEERS
- P / E
- 27.2×TTM to Jun 26
- P / B
- 2.6×latest book
- P / S
- 3.7×TTM sales
- Earnings yield
- 3.7%TTM to Jun 26
On the trailing twelve months. Last full year: P/E 27.2× · P/S 3.6× · ROE 9.8%.
Section 09 · The stock
How has the stock performed?
Context
Over 5 years profit compounded at 19.4% a year while the stock fell 4.6% a year — but FY2021 profit (₹503) was well below the through-cycle level (~₹1,192), so this rate is inflated by the recovery from a low base.
Rule STOCK_LAGGED_EARNINGS · recovery
- 1-year return
- −15.4%
- 3-year return
- −22.2%
- 5-year return
- −20.8%
- From 52-wk high
- −19.5%
Section 10 · Technical data
What does the technical data say?
Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.
- vs 50-day avg
- Below₹501
- vs 200-day avg
- Below₹493
- RSI (14)
- 24.1oversold
- MACD histogram
- -4.2
- From 52-wk high
- −19.5%
- From 52-wk low
- +5.2%
- 30-day volatility
- 26.2%ann.
- 6-month return
- +4.8%
Section 11 · Open questions
What should I investigate further?
Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.
- WatchProfit lagging revenueRevenue grew 2.2% but profit declined 3.9%, so the company kept less of each rupee of revenue as profit.PROFIT_SLOWER_THAN_REVENUE · conviction 62
- WatchGrowth slowingRevenue growth has slowed for 4 consecutive years, from 18.9% to 2.2%.GROWTH_DECELERATING · conviction 61
- Cash-flow-statement facts are unavailable for FY2019, FY2020 — those filings predate SEBI's Cash Flow Statement disclosure requirement. All other loaded years carry full P&L, balance sheet and cash-flow data.
Section 12 · Reference
The numbers
The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 6,539 | 6,427 | 7,653 | 8,169 | 8,653 | 8,887 | 9,079 |
| Total income | 6,793 | 6,697 | 7,900 | 8,483 | 9,024 | 9,334 | 9,443 |
| EBITDA | 1,947 | 1,317 | 1,994 | 2,179 | 2,328 | 2,376 | 2,314 |
| Profit before tax | 505 | 642 | 1,371 | 1,542 | 1,638 | 1,689 | 1,621 |
| Net profit | 407 | 501 | 1,052 | 1,173 | 1,262 | 1,292 | 1,246 |
| EPS (₹) | 6.7 | 8.2 | 17.3 | 19.3 | 20.7 | 21.2 | 16.4 |
| Net worth | 10,156 | 10,291 | 10,857 | 11,328 | 11,927 | 12,487 | 13,052 |
| Total debt | 64 | 62 | 62 | 55 | 26 | 24 | 24 |
| Operating cash flow | — | 1,029 | 1,369 | 1,406 | 1,389 | 1,712 | 1,482 |
| Free cash flow | — | 467 | 601 | 917 | 660 | 838 | 406 |
| Ratio | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Revenue growth YoY | — | -1.7 | 19.1 | 6.7 | 5.9 | 2.7 | 2.2 |
| Profit growth YoY | — | 23.1 | 110.2 | 11.5 | 7.6 | 2.4 | -3.6 |
| Profitability | |||||||
| EBITDA margin % | 29.8 | 20.5 | 26.1 | 26.7 | 26.9 | 26.7 | 25.5 |
| Net margin % | 6.0 | 7.5 | 13.3 | 13.8 | 14.0 | 13.8 | 13.2 |
| Return on equity % | 4.0 | 4.9 | 10.0 | 10.6 | 10.9 | 10.6 | 9.8 |
| Return on capital % | 13.7 | 7.4 | 13.5 | 14.4 | 14.7 | 14.7 | 13.3 |
| Leverage & cash | |||||||
| Debt to equity | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash flow ÷ profit | — | 2.06 | 1.30 | 1.20 | 1.10 | 1.32 | 1.19 |
| Current ratio | 2.49 | 2.42 | 2.58 | 3.05 | 3.44 | 4.11 | 3.92 |