Container Corporation of India (CONCOR) Q4 24/25 earnings summary

Executive summary

• Board approved a 1:4 bonus share issue and a Rs. 2 per share final dividend for Q4, totaling Rs. 11.50 per share for FY25, subject to shareholder approval.

• Achieved record throughput of 5.09 million TEUs, with 8% overall growth; EXIM up 7%, domestic up 12% year-over-year.

• Market share increased pan-India by 40 bps in EXIM, with notable gains at Mundra and Pipavav ports.

• PAT and turnover reached all-time highs; double-stack rake handling grew 16% year-over-year.

• Appointment of four new internal auditor firms for a three-year term starting FY 2025-26.

Financial highlights

• Standalone revenue from operations for FY 2024-25: ₹8,863.37 crore (up from ₹8,632.49 crore year-over-year).

• Standalone profit after tax for FY 2024-25: ₹1,271.98 crore (up from ₹1,230.79 crore year-over-year).

• Rail freight margin increased by 55 bps to 25.65%; operating margin stable at 30%, EBITDA margin at 25%.

• FY25 CAPEX reached INR 810 crore; FY26 CAPEX budget set at INR 860 crore.

• Depreciation impacted by asset life extension; deferred tax provision increased, current tax liability declined.

Outlook and guidance

• FY26 guidance: 10% EXIM growth, 20% domestic growth, 13% overall volume growth.

• EXIM business expected to remain stable; robust domestic demand anticipated, especially in bulk cement, tank containers, tiles, and food grains.

• DFC commissioning to JNPT by Dec 2025 expected to drive Q4 volume surge.

• Board recommended a final dividend, with payment subject to shareholder approval at the upcoming AGM.