Buy Container Corporation; target of Rs 1760: Firstcall

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26 Aug, 2025 12:21

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Firstcall Research's report on Container Corporation of India

Container Corporation of India (CONCOR), a public enterprise is one of the dominant players in Indian logistics industry. Net sales of the company have increased by 15.48% Rs. 14974.50 million in the March quarter as against Rs. 12967.60 million over the corresponding quarter in the previous year. Net profit grew by 18.97% of Rs. 2927.10 million in Q4 FY15 as compared to Rs. 2460.30 million in Q4 FY14. Operating profit or EBDITA rose by 12.65% to Rs. 4290.70 million in Q4 FY15 from Rs. 3809.00 million in the same quarter previous year. Total Income has increased from Rs. 14112.50 million for the quarter ended March 31, 2014 to Rs. 16080.50 million for the quarter ended March 31, 2015. Revenues from EXIM division rose by 23% to Rs. 11852.50 million in Q4 FY15 when compared to Rs. 9645.80 million in the corresponding quarter of previous year.

CONCOR has no long term or short term debt, thus no interest burden on already low profit margins. With improvement on the economic front and increase in international trade, the company also signed the Memorandum of Understanding with Ministry of Railways, for setting out various physical and financial targets for FY 2015-16. CONCOR will definitely improve its financial strength, being one of the major players in the organized logistics industry in India. Thus we recommend ‘BUY’ for the scrip with a target price of Rs 1760 medium to long term investment", says Firstcall Research Report.

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