Orissa Bengal Carrier Limited (OBCL) - Net Assets
Based on the latest financial reports, Orissa Bengal Carrier Limited (OBCL) has net assets worth Rs839.26 Million INR (≈ $9.08 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.72 Billion ≈ $18.56 Million USD) and total liabilities (Rs877.23 Million ≈ $9.49 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Orissa Bengal Carrier Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs839.26 Million |
| % of Total Assets | 48.89% |
| Annual Growth Rate | 11.98% |
| 5-Year Change | 2.33% |
| 10-Year Change | 194.2% |
| Growth Volatility | 19.42 |
Orissa Bengal Carrier Limited - Net Assets Trend (2013–2026)
This chart illustrates how Orissa Bengal Carrier Limited's net assets have evolved over time, based on quarterly financial data. See OBCL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Orissa Bengal Carrier Limited (2013–2026)
The table below shows the annual net assets of Orissa Bengal Carrier Limited from 2013 to 2026. For live valuation and market cap data, see Orissa Bengal Carrier Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs839.26 Million ≈ $9.08 Million |
-8.56% |
| 2025-03-31 | Rs917.83 Million ≈ $9.93 Million |
+2.62% |
| 2024-03-31 | Rs894.39 Million ≈ $9.67 Million |
+4.35% |
| 2023-03-31 | Rs857.14 Million ≈ $9.27 Million |
+4.51% |
| 2022-03-31 | Rs820.12 Million ≈ $8.87 Million |
+10.56% |
| 2021-03-31 | Rs741.76 Million ≈ $8.02 Million |
+6.88% |
| 2020-03-31 | Rs693.99 Million ≈ $7.51 Million |
+13.09% |
| 2019-03-31 | Rs613.67 Million ≈ $6.64 Million |
+75.80% |
| 2018-03-31 | Rs349.08 Million ≈ $3.78 Million |
+22.37% |
| 2017-03-31 | Rs285.27 Million ≈ $3.09 Million |
+18.09% |
| 2016-03-31 | Rs241.57 Million ≈ $2.61 Million |
+8.17% |
| 2015-03-31 | Rs223.33 Million ≈ $2.42 Million |
+6.75% |
| 2014-03-31 | Rs209.21 Million ≈ $2.26 Million |
+8.53% |
| 2013-03-31 | Rs192.77 Million ≈ $2.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Orissa Bengal Carrier Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs210.83 Million | 25.12% |
| Other Components | Rs628.44 Million | 74.88% |
| Total Equity | Rs839.26 Million | 100.00% |
Orissa Bengal Carrier Limited Competitors by Market Cap
The table below lists competitors of Orissa Bengal Carrier Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Malpac Holdings Bhd
KLSE:4936
|
$13.56 Million |
|
QPR Software Oyj
HE:QPR1V
|
$13.56 Million |
|
Great Northern Minerals Ltd
AU:GNM
|
$13.57 Million |
|
Majuperak Holdings Bhd
KLSE:8141
|
$13.57 Million |
|
COCRYSTAL PHARMA NEW O.N.
F:8CC
|
$13.54 Million |
|
Biotechnology Assets S.A.
MC:BST
|
$13.52 Million |
|
Accent Resources NL
AU:ACS
|
$13.51 Million |
|
Xelpmoc Design And Tech Limited
NSE:XELPMOC
|
$13.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Orissa Bengal Carrier Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 917,827,000 to 839,264,000, a change of -78,563,000 (-8.6%).
- Net loss of 78,288,000 reduced equity.
- Other comprehensive income decreased equity by 1,885,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-78.29 Million | -9.33% |
| Other Comprehensive Income | Rs-1.89 Million | -0.22% |
| Other Changes | Rs1.61 Million | +0.19% |
| Total Change | Rs- | -8.56% |
Book Value vs Market Value Analysis
This analysis compares Orissa Bengal Carrier Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.50x to 1.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs9.14 | Rs59.44 | x |
| 2014-03-31 | Rs9.92 | Rs59.44 | x |
| 2015-03-31 | Rs10.59 | Rs59.44 | x |
| 2016-03-31 | Rs11.46 | Rs59.44 | x |
| 2017-03-31 | Rs13.53 | Rs59.44 | x |
| 2018-03-31 | Rs16.56 | Rs59.44 | x |
| 2019-03-31 | Rs29.11 | Rs59.44 | x |
| 2020-03-31 | Rs32.92 | Rs59.44 | x |
| 2021-03-31 | Rs35.18 | Rs59.44 | x |
| 2022-03-31 | Rs38.87 | Rs59.44 | x |
| 2023-03-31 | Rs40.66 | Rs59.44 | x |
| 2024-03-31 | Rs42.42 | Rs59.44 | x |
| 2025-03-31 | Rs43.67 | Rs59.44 | x |
| 2026-03-31 | Rs39.77 | Rs59.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Orissa Bengal Carrier Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.25%
- • Asset Turnover: 2.02x
- • Equity Multiplier: 2.05x
- Recent ROE (-9.33%) is below the historical average (6.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -0.85% | -0.12% | 2.82x | 2.49x | Rs-20.92 Million |
| 2014 | 0.01% | 0.00% | 3.22x | 2.74x | Rs-20.90 Million |
| 2015 | 4.12% | 0.45% | 3.38x | 2.74x | Rs-13.14 Million |
| 2016 | 7.55% | 0.83% | 3.26x | 2.80x | Rs-5.92 Million |
| 2017 | 13.77% | 1.85% | 2.79x | 2.67x | Rs10.75 Million |
| 2018 | 18.28% | 1.66% | 3.60x | 3.06x | Rs28.90 Million |
| 2019 | 17.33% | 2.18% | 4.21x | 1.89x | Rs44.99 Million |
| 2020 | 13.40% | 2.39% | 3.44x | 1.63x | Rs23.62 Million |
| 2021 | 7.82% | 1.71% | 2.78x | 1.64x | Rs-16.19 Million |
| 2022 | 9.55% | 2.58% | 2.96x | 1.25x | Rs-3.70 Million |
| 2023 | 4.28% | 1.00% | 3.73x | 1.15x | Rs-49.02 Million |
| 2024 | 4.12% | 1.11% | 2.93x | 1.27x | Rs-52.58 Million |
| 2025 | 2.52% | 0.68% | 2.08x | 1.77x | Rs-68.67 Million |
| 2026 | -9.33% | -2.25% | 2.02x | 2.05x | Rs-162.21 Million |
Industry Comparison
This section compares Orissa Bengal Carrier Limited's net assets metrics with peer companies in the Trucking industry.
Industry Context
- Industry: Trucking
- Average net assets among peers: $2,247,396,094
- Average return on equity (ROE) among peers: 16.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Orissa Bengal Carrier Limited (OBCL) | Rs839.26 Million | -0.85% | 1.05x | $13.55 Million |
| North Eastern Carrying Corporation Limited (NECCLTD) | $932.90 Million | 6.85% | 1.14x | $18.50 Million |
| VRL Logistics Limited (VRLLOG) | $3.56 Billion | 25.61% | 1.68x | $450.19 Million |
About Orissa Bengal Carrier Limited
OBCL Limited provides transportation and logistics services in India. It operates in two segments, Road Transportation Service and Trading Business. The company offers full truck load transport services for local, regional, and nation-wide cargoes. It maintains own fleet contains 83 commercial vehicles, such as trucks and trailers. It also trades coal, sand, iron and steel, metal, river sand, and… Read more