North Eastern Carrying (BOM:534615) Operating Margin %: 1.17% (As of Mar. 2026) — 72% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:534615 North Eastern Carrying Corp Ltd BOM:534615
68 GF Score
Price ₹15.48
GF Value ₹18.27
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is North Eastern Carrying Operating Margin %?

North Eastern Carrying BOM:534615 -0.77% 68 Operating Margin % is 1.17% as of Mar. 2026, which is 72% below its 10-year median of 4.23. GuruFocus rates BOM:534615 with a GF Score™ of 68/100 and a GF Value™ of ₹18.27 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,003 Transportation companies, North Eastern Carrying ranks worse than 64.31% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. North Eastern Carrying's Operating Income for the three months ended in Mar. 2026 was ₹11 Mil. North Eastern Carrying's Revenue for the three months ended in Mar. 2026 was ₹962 Mil. Therefore, North Eastern Carrying's Operating Margin % for the quarter that ended in Mar. 2026 was 1.17%.

Good Sign:

North Eastern Carrying Corp Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for North Eastern Carrying's Operating Margin % or its related term are showing as below:

BOM:534615' s Operating Margin % Range Over the Past 10 Years
Min: 2.83   Med: 4.23   Max: 5.9
Current: 4.44


BOM:534615's Operating Margin % is ranked worse than
64.31% of 1003 companies
in the Transportation industry
Industry Median: 7.26 vs BOM:534615: 4.44

North Eastern Carrying's 5-Year Average Operating Margin % Growth Rate was 8.80% per year.

North Eastern Carrying's Operating Income for the three months ended in Mar. 2026 was ₹11 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹137 Mil.


North Eastern Carrying  (BOM:534615) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


North Eastern Carrying Operating Margin % Related Terms


North Eastern Carrying Operating Margin % Historical Data

* Premium members only.

The historical data trend for North Eastern Carrying's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

North Eastern Carrying Operating Margin % Chart

North Eastern Carrying Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.62 5.64 5.39 5.90 4.44

North Eastern Carrying Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.17 6.81 2.93 8.01 1.17

BOM:534615 vs ODFL, XPO, KNX: Operating Margin % Comparison

For the Trucking subindustry, North Eastern Carrying's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


North Eastern Carrying Operating Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, North Eastern Carrying's Operating Margin % distribution charts can be found below:

* The bar in red indicates where North Eastern Carrying's Operating Margin % falls into.


BOM:534615
68GF Score
North Eastern Carrying Corp Ltd BOM:534615
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North Eastern Carrying Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

North Eastern Carrying's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=136.751 / 3080.438
=4.44 %

North Eastern Carrying's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=11.307 / 962.298
=1.17 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 1.17% mean?
North Eastern Carrying (BOM:534615) has a Operating Margin % of 1.17% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on North Eastern Carrying and its competitors. This is 72% below median its historical median of 4.23. Over the past decade, North Eastern Carrying's Operating Margin % has ranged from 2.83 to 5.90. According to the industry distribution chart, North Eastern Carrying ranks #645 out of 1003 companies in the Transportation industry, placing it in the top 64.3%.
Is North Eastern Carrying's Operating Margin % too high?
North Eastern Carrying's current Operating Margin % of 1.17% is 72% below median its 10-year median of 4.23. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 5.90. The Transportation industry median Operating Margin % is 7.26. North Eastern Carrying's value of 1.17% is 83.9% below this industry median. Based on the distribution chart, North Eastern Carrying ranks #645 out of 1003 companies in the Transportation industry, which is below the industry midpoint. Overall, North Eastern Carrying has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does North Eastern Carrying's Operating Margin % compare to ODFL and XPO?
According to the Transportation industry distribution chart, North Eastern Carrying ranks #645 out of 1003 companies for Operating Margin %. This places North Eastern Carrying in the lower half of its industry. The industry median Operating Margin % is 7.26. North Eastern Carrying's value of 1.17% is 83.9% below this benchmark. Historically, North Eastern Carrying's own Operating Margin % has ranged from 2.83 to 5.90 over the past decade. While the company's 10-year median is 4.23 vs. the industry median of 7.26, North Eastern Carrying has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Transportation company?
The median Operating Margin % among Transportation companies is 7.26, based on 1,003 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. North Eastern Carrying's current Operating Margin % of 1.17% is 83.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on North Eastern Carrying and its competitors. For the Transportation industry, the median Operating Margin % is 7.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Eastern Carrying's current Operating Margin % is 1.17%, which is 72% below median its own 10-year median of 4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Eastern Carrying stock overvalued right now?
Based on GuruFocus' analysis, North Eastern Carrying (BOM:534615) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹18.27, compared to a current price of ₹15.48 — trading 15.3% below its estimated fair value. The current Operating Margin % is 1.17%, which is 72% below median its 10-year median of 4.23 and 83.9% below the Transportation industry median of 7.26. North Eastern Carrying's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For North Eastern Carrying (BOM:534615), the current Operating Margin % is 1.17% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is North Eastern Carrying (BOM:534615) Overvalued in 2026?

Based on GuruFocus' analysis, North Eastern Carrying stock appears to be undervalued. The current stock price of ₹15.48 is trading 15.3% below its estimated GF Value™ of ₹18.27. GuruFocus considers North Eastern Carrying to be Modestly Undervalued.

Key valuation signals for BOM:534615:

  • Operating Margin %: 1.17% (72% below median its 10-year median of 4.23)
  • GF Value™: ₹18.27 vs. price of ₹15.48 (15.3% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 83.9% below the Transportation median (#645 of 1003)

No single metric tells the full story. See the BOM:534615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


North Eastern Carrying Business Description

Other Exchanges NECCLTD:India
Address Ram Bagh Road, Azad Market, NECC House, 9062/47, Delhi, IND, 110006
North Eastern Carrying Corp Ltd is engaged in the business of transportation. The Company offers freight management and customized logistics solutions. the company also offers Parcel load movement, Full truckload services, containerized movement of cargo, ODC Movement, Bulk Movement: Storage facility, and other transport-related services. Geographically, the company has a presence in Nepal and operational setups in Bhutan and Bangladesh. It generates substantial revenue from Freight.
68GF Score

Get the complete analysis for BOM:534615

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹15.48
Price
₹18.27
GF Value