CONCOR Q4 FY26: Profit Falls 12%, Stock Drops 5%

What changed in CONCOR’s March-quarter results

Container Corporation of India (CONCOR) reported a weaker March-quarter (Q4 FY26) performance, with profit declining and operating metrics softening. The numbers triggered a sharp negative reaction in the stock during the next trading session. Alongside the results, the board declared a final dividend of ₹1 per share, subject to shareholder approval at the AGM. The combination of lower profitability and margin pressure was the key theme across market notes.

The reported dataset around Q4 profit includes multiple figures in circulation, but all point in the same direction: profit fell year-on-year. The company’s quarterly highlights show profit after tax (PAT) at ₹262.65 crore, down 12.02%. Another market report pegged consolidated net profit at ₹259.29 crore versus ₹287.69 crore a year ago, a decline of 9.8%.

Q4 FY26 headline numbers (as reported)

The quarterly highlights for Q4 FY26 showed revenue pressure and a decline in operating profit. Total income for the quarter was ₹2,263.30 crore, with a year-on-year decline of 1.07%. Operating profit was ₹274.35 crore, down 2.21%. Operating margin came in at 12.12%, down 1.15%.

A separate comparison table in the provided data also listed revenue as ₹2,263.30 crore, with a year-on-year change of -1.07%. The same table showed net income at ₹262.65 crore for Q4, compared with ₹333.91 crore in the preceding quarter, indicating sequential weakness.

Margin pressure and EBITDA miss versus expectations

Brokerage commentary highlighted the disappointment on profitability metrics, especially margins. For Q4 FY26, EBITDA margin was reported at 18.6%, lower than Motilal Oswal’s estimate of 22.4%. EBITDA declined 3% year-on-year to ₹420 crore and was stated to be 22% below the brokerage’s estimate.

The same commentary said adjusted profit after tax (APAT) declined 15% year-on-year and was 24% below analysts’ estimate. It also noted margin performance was “significantly disappointing,” with domestic business profitability “nearly collapsed,” contributing to the miss versus expectations.

Stock reaction: CONCOR slips after results

CONCOR shares fell sharply after the results were released after market hours on Monday. The stock slipped 5% on BSE and hit an intra-day low of ₹486.45 per share. At 9:17 AM, it was still down 4.2% at ₹490.8 per share, according to the report.

Separately, the provided data also showed the stock “moved down by -0.97%” from a previous close of ₹527.15, with a last traded price of ₹522.05. Another quote snapshot put the “current price” at ₹538.35, down 0.44% over 24 hours, and noted a 1.64% weekly rise, 1.95% monthly rise, and a 15.44% decline over the last year. These are different time-stamped price points, but they reflect a market that reacted negatively immediately after Q4 numbers.

Dividend: ₹1 final payout, subject to AGM approval

The board declared a final dividend of ₹1 per share, subject to AGM approval. Another line in the provided text said this final dividend takes the total dividend payout for the year to ₹8.60 per share. The dividend announcement came alongside the weak quarter, suggesting the payout decision was not positioned as a response to Q4 alone.

Quarterly profit trend: two quarters of decline

The data indicated that profit has declined over the last two quarters. A sequence highlighted in the text showed net profit falling from ₹378.7 crore to ₹333.91 crore, with an “average decrease of 11.8% per quarter.” Q3 FY26 profit was also cited in multiple places: ₹333.91 crore, ₹328.47 crore (December 2025), and another report that put Q3 net profit at ₹329.12 crore.

For Q4, the company’s highlights showed PAT of ₹262.65 crore (down 12.02%), while another market report put consolidated net profit at ₹259.29 crore (down 9.8%). Taken together, the reported numbers point to a clear downtrend in quarterly profitability through the second half of FY26.

Full-year FY26 snapshot (standalone)

On an annual basis, the provided data stated CONCOR reported a standalone net profit of ₹1,221.81 crore for FY26. It also said revenue rose to ₹9,059.45 crore for the year. In another performance note, FY26 revenue/EBITDA/APAT were described as growing 2%/1%/-6%.

These full-year figures provide context for the dividend and for how investors may view the quarter: Q4 was weak on margins, but the broader business performance metrics were presented as stable overall in the text.

Depreciation change on LNG trucks and its PBT impact

One specific FY26 accounting-related detail flagged in the report concerned depreciation on LNG trucks and trailers. Depreciation for FY26 was stated at ₹8.2 crore, reflecting a reduction of ₹8.1 crore in FY26. The report said this change led to a corresponding increase in profit before tax (PBT) for FY26 by ₹8.1 crore.

This is relevant because it separates operating disappointment in Q4 from a broader year-level impact on reported profitability.

Key numbers at a glance

What to track next

The provided data mentioned a “next report date” of November 14 and also separately stated the company is going to release the next earnings report on Nov 14, 2025, indicating an upcoming quarterly update window. The main near-term monitorables from the Q4 narrative are margin recovery, especially in the domestic segment as highlighted in the brokerage note, and how revenue growth translates into profitability.

For investors, the immediate story is straightforward: CONCOR’s Q4 FY26 showed lower PAT, softer margins, and a stock sell-off after the results, even as the board maintained a dividend payout plan subject to shareholder approval.