Loading…
State-controlled operator of container rail freight terminals, moving import/export and domestic cargo across India by rail.
State-controlled operator of container rail freight terminals, moving import/export and domestic cargo across India by rail.
Pays Indian Railways to haul containers and adds fees for terminal handling and door-to-door service, so profit is the spread between what it charges shippers and what it pays the railways. Private rivals have been allowed since 2006. The central government is the controlling shareholder.
In one line: India's rail-container equivalent of J.B. Hunt intermodal.
Moat: narrow (scale, installed base, regulatory licence). Largest network of rail container terminals in India and long-standing rail access agreements.
Headquarters: New Delhi, India · Founded: 1988 · Employees: 1,238
Size Container Corporation of India (CONCOR.NS) is an India Industrials company (Railroads) with a market value of $3.55B, the 253rd largest of 1,058 India companies the cockpit tracks. Shares closed at ₹439.80 on 6 Nov 2026.
Performance Over six months the shares fell 16.5%, against +2.0% for the median peer and 0.0% for the India market (cap-weighted) — lowest of 16 in its peer set.
Growth Revenue grew 1.2% over the last twelve months (peer median +5.2%); the operating margin is 14.5% (peer median 11.1%).
Valuation It trades at 25.4× forward earnings against a peer median of 14.3× (2nd most expensive of 15).
Price implies For today's price to make sense, revenue must grow about 34% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +27 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 8.7 points below its cost of capital (17.6% WACC).
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹91.1B | ₹90.8B | ₹88.9B | ₹86.5B | ₹81.7B |
| Revenue growth | — | +2% | +3% | +6% | — |
| Gross profit | ₹16.9B | ₹16.6B | ₹16.2B | ₹15.7B | ₹15.4B |
| EBITDA | ₹19.4B | ₹19.9B | ₹19.7B | ₹19.8B | ₹18.9B |
| Net income | ₹12.2B | ₹12.4B | ₹12.9B | ₹12.5B | ₹11.7B |
| Free cash flow | n/a | ₹6.95B | ₹12.1B | ₹8.82B | ₹9.38B |
| Capital expenditure | n/a | ₹11.5B | ₹9.00B | ₹7.98B | ₹6.54B |
| Total debt | ₹11.1B | ₹9.65B | ₹8.61B | ₹9.39B | ₹7.78B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Container Corporation of India CONCOR.NS | $3.55B | -16% | +1% | 14% | 25.4× | 33.8% |
| Adani Ports & Special Economic Zone ADANIPORTS.NS | $47.2B | +12% | +23% | 44% | 29.4× | 34.5% |
| JSW Infrastructure JSWINFRA.NS | $8.33B | +20% | +17% | 36% | 46.8× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CONCOR.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | 0.0% | +4.9% | 2nd lowest of 16 |
| 6-month return | -16.5% | +2.0% | lowest of 16 |
| Distance from 52-week high | -20.5% | -10.4% | 3rd lowest of 16 |
| Revenue growth (TTM) | +1.2% | +5.2% | 4th lowest of 16 |
| Operating margin | 14.5% | 11.1% | 6th highest of 16 |
| Forward P/E | 25.4× | 14.3× | 2nd most expensive of 15 |
| Growth the price implies (Req g, 7 yrs) | 33.8% | 4.4% | most demanding of 8 |
| Growth delivered (Del g) | +7.2% | +11.9% | 4th lowest of 8 |
| Hurdle (Req g minus delivered) | +26.5 pp | -12.5 pp | most demanding of 8 |
| ROIC minus cost of capital | -8.7 pp | -0.5 pp | 2nd lowest of 16 |
| EV / EBITDA | 16.1× | 11.4× | 2nd most expensive of 13 |
| Net debt / EBITDA | -1.3× | 5.3× | least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Container Corporation of India CONCOR.NS | India | $3.55B | -16% | +1% | 14% | 25.4× | 33.8% | +7.2% |
| Kyushu Railway 9142.T | Japan | $3.53B | 0% | +5% | 14% | 11.3× | n/a | n/a |
| Tobu Railway 9001.T | Japan | $3.58B | +3% | +5% | 11% | 10.0× | n/a | n/a |
| Odakyu Electric Railway 9007.T | Japan | $3.80B | +11% | +3% | 13% | 15.1× | n/a | n/a |
| Guangshen Railway 601333.SS | China | $3.16B | +1% | +5% | 6% | 16.3× | -14.9% | +11.9% |
| Aurizon AZJ.AX | Australia | $4.49B | -5% | +6% | 21% | 14.8× | 4.4% | +6.7% |
| Keio 9008.T | Japan | $2.80B | +3% | +10% | 10% | 10.5× | n/a | n/a |
| Keisei Electric Railway 9009.T | Japan | $4.51B | +26% | +4% | 11% | 15.5× | n/a | n/a |
| Keikyu 9006.T | Japan | $2.73B | +2% | +4% | 11% | 13.4× | n/a | n/a |
| Keihan 9045.T | Japan | $2.15B | +3% | +10% | 15% | 11.5× | n/a | n/a |
| GATX GATX | United States | $6.38B | -2% | +30% | 30% | 17.0× | n/a | n/a |
| Jungfraubahn JFN.SW | Switzerland | $1.81B | +1% | -4% | 21% | 22.2× | 4.4% | +22.3% |
| West Japan Railway 9021.T | Japan | $9.19B | +12% | +6% | 10% | 13.8× | 2.4% | +14.9% |
| China Railway Tielong Container Logistics 600125.SS | China | $1.06B | -12% | -2% | 7% | 11.5× | -21.0% | -5.4% |
| Getlink GET.PA | France | $12.3B | +9% | +9% | 40% | 35.3× | 10.1% | +14.3% |
| China High-Speed Railway Technology 000008.SZ | China | $919M | -14% | -11% | -19% | n/a | 8.7% | +2.1% |