Container Corporation of India Ltd (CONCOR) is a leading public sector undertaking established under the Ministry of Railways, Government of India. Founded in March 1988 and commencing operations in November 1989, CONCOR primarily focuses on the transportation and handling of containers. The company operates an extensive network of Inland Container Depots (ICDs) across India, which facilitates the efficient movement of goods from inland locations to ports, thus reducing congestion and transit times. This infrastructure is crucial for businesses, enabling seamless connectivity for cargo movement and improving logistics solutions.
In addition to its domestic services, CONCOR also provides international track and trace services, enhancing transparency and efficiency in logistics for international trade. The company has earned the prestigious Navratna status, which reflects its operational autonomy and financial stability. This recognition not only highlights CONCOR’s significant contributions to the Indian economy but also positions it as a competitive player in the logistics sector. Through its commitment to operational excellence and innovative solutions, CONCOR continues to play a vital role in supporting the growth and development of India’s trade and transportation landscape.
Container Corporation of India Reports Q2 Revenue Growth with Strong Quarterly Profit Recovery Amid Cost Controls and Market Volatility
- Revenue Growth: CONCOR reported a year-over-year revenue increase of 4.23% in Q2, indicating steady topline growth.
- Profit Performance: Despite the revenue rise, profit declined by 0.53% year-over-year, suggesting challenges in sustaining profitability. However, on a quarterly basis, profit surged by 41.53%, highlighting a robust recovery.
- Quarterly Revenue Increase: Compared to Q1, Q2 revenue rose by 8.78%, indicating improvement in operational performance.
- Cost Management: Selling, General & Administrative expenses decreased by 1.5% quarter-over-quarter and 5.9% year-over-year, showcasing effective cost control strategies.
- Operating Income: Grew by 40.48% quarter-over-quarter but declined 2.79% year-over-year, reflecting fluctuations in efficiency.
- Earnings per Share (EPS): EPS for Q2 stood at ₹6.41, marking a 5.94% increase year-over-year, suggesting moderate gains for shareholders.
- Analyst Sentiment: As of October 30, 2024, analyst recommendations include 6 Sell, 5 Hold, 4 Buy, and 4 Strong Buy ratings, resulting in a consensus rating of Hold, suggesting a cautious approach for investors.
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
| Promoters + | 54.80% | 54.80% | 54.80% | 54.80% | 54.80% |
| FIIs + | 20.69% | 19.55% | 16.63% | 16.15% | 13.65% |
| DIIs + | 21.46% | 22.76% | 24.88% | 24.71% | 25.73% |
| Government + | 0.12% | 0.12% | 0.12% | 0.12% | 0.08% |
| Public + | 2.93% | 2.77% | 3.57% | 4.23% | 5.73% |
| No. of Shareholders | 1,28,133 | 1,19,870 | 1,36,322 | 1,92,067 | 3,01,984 |
The shareholding pattern of Container Corporation of India (CONCOR) has displayed noticeable shifts across investor categories over the recent quarters, reflecting evolving interests and adjustments among different stakeholder groups. As of September 2024, promoter holdings have remained stable at 54.80% since September 2023, indicating consistent confidence and control by the core shareholders in CONCOR’s strategic direction.
However, institutional investors have shown contrasting trends. Foreign Institutional Investors (FIIs) have gradually reduced their holdings from 20.69% in September 2023 to 13.65% by September 2024, marking a decline in foreign interest. Meanwhile, Domestic Institutional Investors (DIIs) have increased their stake from 21.46% to 25.73% over the same period, signifying stronger domestic support and a growing interest from Indian financial institutions. Public shareholding has also risen, moving from 2.93% in September 2023 to 5.73% by September 2024, alongside a substantial increase in the number of shareholders, from 1,28,133 to 3,01,984. Government holdings have decreased slightly, maintaining a minimal position, which now stands at 0.08%. This shift in ownership structure showcases a broadening of CONCOR’s shareholder base, with a notable rise in public participation.
Below are the trading platforms that you can use to purchase Container Corporation of India shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| November 2024 | 881.25 | 766.31 |
| December 2024 | 890.07 | 773.97 |
As we approach November 2024, Container Corporation of India‘s stock price is projected to reach a maximum of ₹881.25 and a minimum of ₹766.31, reflecting anticipated market fluctuations in the final quarter of the year. Moving into December 2024, the price outlook suggests a slight upward trend, with a maximum expected at ₹890.07 and a minimum at ₹773.97, signaling stability and steady investor interest in Container Corporation of India as we close out the year.
| When | Maximum Price | Minimum Price |
| January 2025 | 898.97 | 691.51 |
| February 2025 | 908.05 | 698.50 |
| March 2025 | 927.12 | 713.17 |
| April 2025 | 917.94 | 706.11 |
| May 2025 | 891.20 | 685.54 |
| June 2025 | 931.31 | 716.39 |
| July 2025 | 913.04 | 702.34 |
| August 2025 | 941.28 | 724.06 |
| September 2025 | 952.58 | 732.75 |
| October 2025 | 977.35 | 751.80 |
| November 2025 | 1,001.78 | 770.60 |
| December 2025 | 1,046.86 | 805.28 |
As we move into 2025, Container Corporation of India‘s stock is expected to open in January with highs of ₹898.97 and lows of ₹691.51. February and March may bring steady growth, with prices peaking at ₹927.12. By mid-year, June could see a high of ₹931.31 and a low of ₹716.39, while August may reach ₹941.28. Toward year-end, October could push to ₹977.35, and November might cross the ₹1,000 mark, peaking at ₹1,001.78. Finally, as we approach December, the stock is projected to close on a strong note with a high of ₹1,046.86 and a low of ₹805.28
| When | Maximum Price | Minimum Price |
| January 2026 | 1,078.26 | 829.43 |
| February 2026 | 1,051.31 | 808.70 |
| March 2026 | 1,072.33 | 824.87 |
| April 2026 | 1,094.22 | 841.71 |
| May 2026 | 1,083.38 | 833.37 |
| June 2026 | 1,110.47 | 854.21 |
| July 2026 | 1,088.70 | 837.46 |
| August 2026 | 1,122.37 | 863.36 |
| September 2026 | 1,144.81 | 880.63 |
| October 2026 | 1,174.58 | 903.52 |
| November 2026 | 1,203.94 | 926.11 |
| December 2026 | 1,234.04 | 949.26 |
| When | Maximum Price | Minimum Price |
| January 2027 | 1,246.38 | 958.76 |
| February 2027 | 1,278.34 | 983.34 |
| March 2027 | 1,328.20 | 1,021.69 |
| April 2027 | 1,302.15 | 1,001.66 |
| May 2027 | 1,264.23 | 972.48 |
| June 2027 | 1,321.12 | 1,016.24 |
| July 2027 | 1,295.21 | 996.32 |
| August 2027 | 1,335.27 | 1,027.13 |
| September 2027 | 1,382.01 | 1,063.08 |
| October 2027 | 1,417.94 | 1,090.72 |
| November 2027 | 1,453.39 | 1,117.99 |
| December 2027 | 1,489.72 | 1,145.94 |
| When | Maximum Price | Minimum Price |
| January 2028 | 1,519.51 | 1,168.86 |
| February 2028 | 1,558.48 | 1,198.83 |
| March 2028 | 1,619.26 | 1,245.58 |
| April 2028 | 1,587.51 | 1,221.16 |
| May 2028 | 1,541.27 | 1,185.59 |
| June 2028 | 1,610.63 | 1,238.94 |
| July 2028 | 1,579.05 | 1,214.65 |
| August 2028 | 1,627.88 | 1,252.22 |
| September 2028 | 1,684.86 | 1,296.04 |
| October 2028 | 1,728.66 | 1,329.74 |
| November 2028 | 1,771.88 | 1,362.98 |
| December 2028 | 1,816.18 | 1,397.06 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,852.50 | 1,425.00 |
| February 2029 | 1,900.00 | 1,461.54 |
| March 2029 | 1,974.10 | 1,518.54 |
| April 2029 | 1,935.39 | 1,488.76 |
| May 2029 | 1,879.02 | 1,445.40 |
| June 2029 | 1,963.58 | 1,510.44 |
| July 2029 | 1,925.08 | 1,480.83 |
| August 2029 | 1,984.62 | 1,526.63 |
| September 2029 | 2,054.08 | 1,580.06 |
| October 2029 | 2,107.48 | 1,621.14 |
| November 2029 | 2,160.17 | 1,661.67 |
| December 2029 | 2,214.17 | 1,703.21 |
| When | Maximum Price | Minimum Price |
| January 2030 | 2,258.46 | 1,737.28 |
| February 2030 | 2,316.37 | 1,781.82 |
| March 2030 | 2,406.71 | 1,851.31 |
| April 2030 | 2,359.51 | 1,815.01 |
| May 2030 | 2,290.79 | 1,762.15 |
| June 2030 | 2,393.88 | 1,841.44 |
| July 2030 | 2,346.94 | 1,805.34 |
| August 2030 | 2,419.52 | 1,861.17 |
| September 2030 | 2,504.21 | 1,926.31 |
| October 2030 | 2,569.32 | 1,976.40 |
| November 2030 | 2,633.55 | 2,025.81 |
| December 2030 | 2,699.39 | 2,076.45 |
In 2030, Container Corporation of India is projected to start January with a high of ₹2,258.46 and a low of ₹1,737.28. As we progress to February and March, the stock may reach up to ₹2,406.71, showing an upward trend. April could see a slight dip with a peak of ₹2,359.51, while June may bring a renewed rise, potentially hitting ₹2,393.88. Entering the second half, August may experience a high of ₹2,419.52, and September could further strengthen with a top of ₹2,504.21. Moving into the final quarter, October’s peak might reach ₹2,569.32, while November is expected to see heights of ₹2,633.55. Finally, as December 2030 concludes the year, Container Corporation of India is anticipated to close strong, with a maximum of ₹2,699.39 and a minimum of ₹2,076.45, reflecting considerable market optimism.
Financial Condition of Container Corporation of India
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 6,530 | 6,427 | 7,653 | 8,169 | 8,653 | 8,927 |
| Expenses + | 4,836 | 5,380 | 5,903 | 6,301 | 6,695 | 6,887 |
| Operating Profit | 1,694 | 1,047 | 1,750 | 1,868 | 1,959 | 2,039 |
| OPM % | 26% | 16% | 23% | 23% | 23% | 23% |
| Other Income + | -560 | 223 | 270 | 333 | 400 | 374 |
| Interest | 46 | 43 | 63 | 65 | 72 | 76 |
| Depreciation | 544 | 553 | 561 | 573 | 619 | 659 |
| Profit before tax | 544 | 674 | 1,396 | 1,563 | 1,669 | 1,678 |
| Tax % | 25% | 26% | 25% | 25% | 24% | |
| Net Profit + | 406 | 501 | 1,054 | 1,174 | 1,262 | 1,274 |
| EPS in Rs | 6.62 | 8.29 | 17.34 | 19.27 | 20.69 | 20.87 |
| Dividend Payout % | 54% | 60% | 52% | 57% | 56% |
The financial performance of Container Corporation of India (CONCOR) has demonstrated steady growth across key metrics over the last five fiscal years, highlighting its resilience and stability in operations. From FY 2020 to FY 2024, CONCOR’s sales have shown a rising trend, increasing from ₹6,530 crore in March 2020 to ₹8,653 crore in March 2024, and a trailing twelve-month (TTM) figure of ₹8,927 crore. This reflects a consistent growth trajectory, underpinned by a solid operational framework and market demand.
Despite the rise in sales, Container Corporation of India has faced escalating expenses, which increased from ₹4,836 crore in March 2020 to ₹6,695 crore in March 2024, further extending to ₹6,887 crore on a TTM basis. However, effective cost control has allowed the company to maintain a steady Operating Profit Margin (OPM) of 23% from FY 2022 through FY 2024, a significant improvement from the 16% recorded in FY 2021. Operating profit itself has also shown growth, reaching ₹2,039 crore in the TTM period. Additionally, the company has benefited from rising other income, which grew from a deficit in FY 2020 to ₹400 crore in FY 2024, contributing positively to profitability.
Net profit rose substantially from ₹406 crore in FY 2020 to ₹1,262 crore in FY 2024, with EPS following suit, reaching ₹20.69 in FY 2024. The dividend payout has remained consistent, averaging around 56% in recent years, reflecting CONCOR’s commitment to returning value to shareholders. This robust financial performance underscores Container Corporation of India’s strategic focus on optimizing operational efficiency and shareholder returns.
FAQs
What is the current market capitalization of Container Corporation of India?
Container Corporation of India current market capitalization stands at ₹51,059 crore.
As of November 4th, 2024, Container Corporation of India share price is ₹838.
Container Corporation of India expected share price targets for 2025 range from ₹685.54 to ₹1,046.86.
Container Corporation of India forecasted share price targets for 2030 range from ₹1,737.28 to ₹2,699.39.
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Conclusion
In conclusion, Container Corporation of India Ltd. (CONCOR) demonstrates steady operational performance and financial resilience. Its recent Q2 financial results show revenue growth, improved quarterly profit, and effective cost management, although yearly profit remains slightly challenged. The shareholding pattern indicates stable promoter confidence, rising domestic institutional investment, and an expanding public interest.
CONCOR’s stock price is projected to see incremental growth from late 2024 through 2030, with moderate fluctuations but an overall upward trend. By 2030, the price could peak around ₹2,699.39, highlighting strong potential for long-term investors as CONCOR continues to expand its role in India’s logistics and trade infrastructure.
What did we learn?
- 1 Container Corporation of India Reports Q2 Revenue Growth with Strong Quarterly Profit Recovery Amid Cost Controls and Market Volatility
- 2 Shareholdings Patterns of Container Corporation of India
- 3 How to Purchase Container Corporation of India Shares in India?
- 4 Container Corporation of India Share Price Target 2024 – 2030
- 4.1 Container Corporation of India Share Price Target 2024
- 4.2 Container Corporation of India Share Price Prediction 2025
- 4.3 Container Corporation of India Share Price Target 2026
- 4.4 Container Corporation of India Share Price Prediction 2027
- 4.5 Container Corporation of India Share Price Target 2028
- 4.6 Container Corporation of India Share Price Target 2029
- 4.7 Container Corporation of India Share Price Target 2030
- 5 Financial Condition of Container Corporation of India
- 6 FAQs
- 6.1 What is the current market capitalization of Container Corporation of India?
- 6.2 What is the current share price of Container Corporation of India?
- 6.3 What are the expected share price targets for Container Corporation of India in 2025?
- 6.4 What are the forecasted share price targets for Container Corporation of India in 2030?
- 7 Conclusion
