Announcement
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 6 Oct - CONCOR won order to supply 12 rakes of BLSS wagons with Brake Van Type BVCM worth Rs. 87.15 crore.
Source: Bse
Container Corporation of India Limited (CONCOR)
Mid CapServices stocks · Mid cap · NSE
Container Corporation of India Ltd. (CONCOR) is a Navratna CPSE of the Government of India, operating as a multi-modal logistics company. It provides containerized rail and road transportation services, managing a network of Inland Container Depots (ICDs) and Container Freight Stations (CFSs) across India, facilitating EXIM and domestic trade.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals20 Oct 2026 · screener
Latest result24 Jul, 11:45 pm IST
Score20 Oct, 05:15 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.7 (n=143)
Technical timing lens
Trend score and candlestick chart
24Bearishfull bear SMA stack · SMA20 -10.9% / mo · MACD + · near 52W low
Stock trend: 24
Sector RS: —
Services FPI tailwindFlow only
FPI equity flow was positive in both fortnights, but exact sector-index confirmation is unavailable. View sector evidence
Technical chart
CONCORD candles · FIT view-12.2%Latest close ₹441.65 on 2026-10-19
Bar
-1.5%
RSI
37
MACD hist
1.83
52W pos
15%
2026-10-19O ₹448.20H ₹449.70L ₹440.00C ₹441.65Vol 4.1L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
CONCORNifty 500
- CONCOR
- -11.5%
- Nifty 500
- -5.6%
- Vs Nifty 500
- -5.9 pp
Chart stats
19 Oct 2026- From 52W high
- -20.7%
- 52W range position
- 15%
- ATR (14)
- 2.4%
- Volume vs 20D
- 0.36x
- Avg traded value
- ₹47.2 Cr
- 20D price channel
- ₹433.3 - ₹502
₹557
₹421.5 - ₹557
₹10.8
Latest completed session
20-session average
25.3% annualized volatility
No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST34
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Average35
Revenue +0.3% · PAT +0.8% YoY
Technical
Bearish24
Price trend and sector-relative-strength timing.
Valuation
Legacy model-2.1%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence76
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Average · 35/100Rev +0% YoY · PAT +1% YoY · margin expansion
Filed 24 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹2,160 Cr | +0.3% | -4.5% |
| EBITDA | ₹444 Cr | +2.5% | +4.0% |
| Operating margin | 21.0% | +100 bps | +200 bps |
| PAT | ₹269 Cr | +0.8% | +1.9% |
| PAT margin | 12.4% | +5 bps | +78 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 27.10
- P/B
- 2.60
- EV/EBITDA
- 14.00
- Market Cap
- 33637.00Cr
Profitability
- ROE
- 9.81%
- ROCE
- 12.60%
- ROA
- 8.22%
- Dividend Y
- 1.95%
Growth (CAGR)
- Revenue 5Y
- 7.00%
- EPS 5Y
- 17.00%
- Revenue 3Y
- 4.00%
- EPS 3Y
- 2.00%
Balance Sheet
- Debt/Equity
- 0.07
- Interest Coverage
- 23.35×
- Altman Z
- 8.47
- Book Value
- 170.00
Cash Flow
- FCF Yield
- 2.54%
- FCF Positive Y
- 8/5
- OCF
- 1482.00 Cr
- EPS TTM
- 16.30
Shareholding
- Promoter Hold
- 54.80%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 15%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 9,079+2.2% vs prev
Net Profit
₹ CrLatest: 1,246-3.6% vs prev
Return on Equity
%Latest: 9.6-7.8% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 37. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- Recent death cross (SMA50 crossed below SMA200).
- SMA20 falling (~12.2% over last month) — short-term momentum negative.
- RSI(14) at 37 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
30
RS percentile
Stage 1 Base / Transition
1M return
-12.5%
3M return
-11.5%
6M return
-14.4%
1Y return
-18.4%
RS 1D
-4
RS 20D
-22
Sector rank
#4
Industry rank
-
Stage evidence
- Price is 8.7% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed -0.7% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 86.72-0.38%
RS vs Nifty 50087
Valuation & peers
U-Score 34 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 34 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth10/25
Quality1/20
Balance Sheet11/15
Cash Flow6/10
Piotroski
8/9 (+5)
Penalties
1
Raw sum
34
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
34/100 · legacy band WATCHLIST
Positive drivers
- Piotroski is strong at 8/9.
- Balance sheet contributes 11/15 to the score.
- Cash flow contributes 6/10 to the score.
Main drags
- Fair-value margin of safety is negative at -2.1%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Quality is weaker at 1/20; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
27.1
PB
2.6
EV/EBITDA
14.0
ROE
9.8%
ROCE
12.6%
FCF Yield
2.5%
Debt/Equity
0.1
MoS
-2.1%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
34
Previous: 34
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-2.1%
Previous: -2.1%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
34
34
34
34
34
34
34
34
34
34
34
34
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹249.69
-76.9% MoS
Growth-justified P/E
26.6
Growth-justified Value
₹432.77
-2.1% MoS
PEG
2.46
Comparable companies
Peers
Business-comparable peers in Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
DELHIVERY
Small
Delhivery Limited
Logistics
match 58
28
251.0
-0.2%
-1096%
OVERVALUED
SHREEJISPG
Small
Shreeji Shipping Global Limited
Logistics
match 53
46
79.5
29.9%
-213%
FAIR VALUE
GESHIP
Small
The Great Eastern Shipping Company Limited
Logistics
match 52
84
5.7
15.9%
+78%
DEEP VALUE
BLUEDART
Large
Blue Dart Express Limited
Logistics
match 52
47
33.1
15.7%
-36%
FAIR VALUE
TVSSCS
Micro
TVS Supply Chain Solutions Limited
Logistics
match 51
32
78.6
9.7%
-213%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis under stressReviewed 2026-06-14T07:25:17.861Z
Management commentary snapshot
CONCOR achieved record throughput of 5.58M TEUs in FY26 (+9.6% YoY), driven by 8% EXIM and 14.6% domestic growth. Rail freight margin increased to 27.16% (+1.51%), and overall operating margin to 30.89% (+1%). However, PAT decreased by 4.5% due to international trade challenges and domestic demand issues.
While CONCOR delivered record throughput and improved operating margins, the PAT decline and significant domestic segment margin erosion in Q4 FY26 due to specific commodity issues and empty container runs are concerning. Geopolitical uncertainties and conservative guidance suggest near-term challenges, despite strong infrastructure additions and strategic initiatives.
Current business mix
FY26 Throughput by Segment (TEUs)
Latest issuer-disclosed distribution across 2 reported categories.
EXIM75.5%
Domestic24.6%
Growth engines
Western DFC Connectivity
WDFC connectivity to JNPT will be commissioned by June 1, 2026, expected to give a very big boost to EXIM volumes.
Bulk Cement Transportation
Bulk cement transportation in tank containers is well received; company expects to do at least 1 million tons in FY27.
Bharat Container Shipping Line
CONCOR has a 30% stake in Bharat Container Shipping Line, aiming to be a top 10 shipping line by 2047, driving future business.
New Terminals & Nepal Traffic
Commissioned new terminals (Mandalgarh, Kadakola, Jajpur, Paradip) and expanding Nepal traffic points (Raxaul, Biratnagar soon).
Capacity and execution
High-Speed Rakes
Commissioned 43 high-speed rakes in FY26, taking total to 423.
New Containers
Procured 4,729 new containers, taking total fleet size to 57,746.
Tank Containers
Fleet of 500 tank containers, adding 200 monthly. Board approved procurement of 2,000 more, apart from 1,000 approved earlier.
Capex Budget
Achieved highest capex of INR1,085.20 crores in FY26. Board approved INR945 crores for FY27, with potential for mid-year increase.
Tailwinds
WDFC Commissioning
WDFC connectivity to JNPT from June 1, 2026, will enable double stack trains from NCR to JNPT, boosting EXIM volumes.
Liberalized DPD & Cabotage Policy
Unveiled liberalized DPD and cabotage policy, resulting in a 38% increase in DPD volumes, expected to grow further.
Indian Railways Reforms
Indian Railways is working on various reforms for the container sector, expected to be unveiled soon, focusing on transit time and costs.
FTAs & Export Growth
Government of India signed various FTAs, positively impacting business and contributing to good import volumes at gateway ports.
Headwinds
Geopolitical Uncertainties
International conflicts and trade tensions severely disrupted global supply chains and increased trade risks in FY26.
Trade Restrictions & Tariffs
Trade restrictions and tariffs by the United States (up to 50%) affected volumes, especially in textiles and marine products.
Global Economic Slowdown
Global economic slowdown in U.S., Europe, and parts of Asia, along with currency fluctuations, impacted EXIM trade.
Domestic Demand Issues
Less demand in domestic streams, primarily Gunny Bales traffic (due to jute supply issues) and tiles traffic (due to gas supply issues in Morbi), severely affected profitability.
Risk radar
Geopolitical Factors
Management's FY27 guidance is conservative due to various geopolitical factors, indicating ongoing uncertainty.
Dependence on Indian Railways
Company's operational efficiency and cost structure are heavily dependent on Indian Railways' policies, reforms, and haulage charges.
Domestic Empty Running
Profitability in domestic segment is severely affected by empty running of containers when return cargo (like Gunny Bales) is unavailable.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare BOTH
Full-year financial and operational performance (throughput, margins, PAT) is best viewed YoY. However, specific quarterly issues, such as the domestic segment's profitability decline in Q4, and recent operational trends (e.g., May's business pickup) are better understood QoQ.
Sector KPIs management disclosed
Total Throughput (FY26)
Achieved ever highest throughput of 5.58 million TEUs in FY26, a growth of 9.6%.
EXIM Throughput Growth (FY26)
EXIM growth was 8% in FY26, reaching 4.21 million TEUs handling, an ever highest in company's history.
Domestic Throughput Growth (FY26)
Domestic growth was 14.6% in FY26.
Rail Freight Margin (FY26)
Rail freight margin increased from 25.65% to 27.16%, a growth of 1.51%.
Management forward view
FY27 Guidance
Management gives FY27 guidance: EXIM 8%, Domestic 15%, Overall 9.5% throughput growth, noting it is 'a bit conservative'.
No Long-Term Guidance
Management feels it is better not to make any long-term guidance forecast until the situation stabilizes.
EBITDA Margin Target
Company aims to maintain EBITDA level between 24% to 25% in the coming years.
Future-Ready Infrastructure
Company is incurring capex to be future-ready with infrastructure additions to meet customer demand and avoid losing business.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| JNPT Rail Coefficient | 15.12% (FY26) | Increase to 18-19% in FY27 and eventually 30-35% in 3 years, driven by WDFC and competitive tariffs. |
| Domestic Segment Profitability | 0.2% EBIT margin in Q4 FY26 | Revival of Gunny Bales and tiles traffic, and traction from bulk cement transportation to improve margins and reduce empty running. |
| Bulk Cement Volumes | New product stream | Achievement of 1 million tons of bulk cement transportation in tank containers in FY27. |
| Indian Railways Reforms | Expected in coming weeks | Specific announcements on assured transit times and cost rationalization to improve rail competitiveness. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Show extracted source claims
capex timelinenot yet verifiablequantified
CONCOR targets to have 100 terminals, over 500 rakes, and 70,000 containers by 2028.
Timeframe: By 2028Direction: increase
"Target for infrastructure for 2028 remains the same, 100 terminals, 500-plus rakes and 70,000 containers"
export growthfailedquantified
CONCOR will very soon start Far East shipping services, expecting over 30% margin per container and exponential expansion in the future, contributing to top-line and bottom-line growth.
Timeframe: very soon, in futureDirection: increaseConfidence: hope that we will expand it exponentially
"we will very soon starting our Far East services also. This is also a very high-margin business."
Outcome check: OPM moved from 24.0% to average 20.5% (-3.5 pp).
revenue outlookpartially deliveredquantified
CONCOR expects to achieve an overall volume growth of 13% for FY26, with EXIM growing by 10% and domestic by 20%.
Timeframe: FY26Direction: increaseConfidence: quite optimistic and positive
"guidance, I would like to keep them unchanged at 13%, EXIM 10%, domestic, 20%"
Outcome check: Revenue YoY averaged 1.7% across 2 later quarter(s).
project executionnot yet verifiable
Connectivity of the Western Dedicated Freight Corridor (WDFC) to JNPT is likely by March 2026.
Timeframe: By March 2026Confidence: likely
"WDFC, connectivity to JNPT is likely by March 2026"
Trust Score
76Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Management has 50% delivered/partly-delivered outcomes on 2 checked claims, with 1 adverse claim outcome. It ranks around the 81st percentile of the scored universe and 87th percentile within Services. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 20 Oct 2026
management-trust-v1
89 docs text-extracted · 56 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
81st percentile
overall median 67 · Services: 87th pctile, median 66 · Mid: 54th pctile, median 76
Evidence depth
Financial-only
89 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
50% delivered or partly delivered
2/4 claims checked · 1 contradicted/failed claim
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
67
acceptable · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 2.5%.
- ▸8 years of positive FCF.
- ▸Debt/equity is 0.07.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Container Corporation of India Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 5 Oct - Shri Rama Kant Singh redesignated as Executive Director (C&O) effective 16.09.2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Sep - Newspaper Publication of Chairman Speech at 38th AGM held on 28.09.2026
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 23 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 22 Sep - Disclosure under SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015 -Investors Meeting Intimation
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 17 Sep - Shri Rama Kant Singh appointed Group General Manager (C&O) at CONCOR from 16.09.2026 for 3 years.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Sep - Disclosure under SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015 -Investors Meeting Intimation
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 10 Sep - C&AG appointed Bhatia & Bhatia as CONCOR statutory auditors for 2026-27.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 7 Sep - CONCOR secured order to supply 12 BLSS wagon rakes with brake vans worth Rs.89.09 crore.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 12 Aug - Shri Shrikant V. Janbandhu permanently absorbed in CONCOR services effective 06.08.2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Aug - Newspaper publication of notice to shareholders for transfer of share of the company to IEPF
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Change in Directorate 1 Aug - Shri Vijoy Kumar Singh takes additional charge of Director (Projects & Services) from 01.08.2026.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.