Read the quarter in context.
A source-linked quarter view: reported numbers, management language, guidance, and the risks that should carry forward.
ConCallIQ research layer
Signal, with the source still visible.
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Revenue
₹2,355 Cr
verified against source
Revenue YoY
—
reported change
EBITDA
Pending
latest reported figure
Source
screener in
record provenance
Actual signal trajectory
Where this quarter sits.
Quarter read
What the record says.
Container Corporation of India reported its highest-ever quarterly throughput of 1.44 million TEUs in Q2 FY26, driven by 11% YoY volume growth (Exim +10.2%, Domestic +13%). Operating income and PAT also reached record levels, supported by improved rail freight margins (up 163 bps to 27.80%) and reduced empty running (down 10.2% YoY). Management maintained FY26 guidance of 10% Exim and 20% Domestic volume growth, citing strong demand in cement (MoUs with UltraTech and Adani), new DPD services, and expansion into shipping and port operations. Risks include slower domestic recovery due to monsoon impact and competitive pressure at Mundra port, where market share declined 261 bps.
Colored figures show movement against the previous available record.
Guidance to track
- Management reaffirmed guidance despite H1 Exim at 10.2% and Domestic at 13%; expects strong H2 from cement, gunny bales, and tiles.
- Long-term capacity expansion plan remains unchanged; H1 capex was ₹420 cr vs budget ₹860 cr, likely to be increased.
- Dedicated freight corridor spur to JNPT delayed from Dec 2025 to Mar 2026; expected to double rail coefficient and boost double-stack volumes.
- Agreements for ~1 lakh ton/month each; tank container deliveries from Indian manufacturers starting Dec 2025 will enable ramp-up.
Risks flagged
- H1 domestic growth at 13% vs 20% guidance; requires 26-27% H2 growth, dependent on cement and other commodities picking up.
- Market share at Mundra dropped 261 bps to 36.2% due to competitive pricing on waste paper; recovery expected but uncertain.
- Contingent liabilities rose from ₹1,377 cr to ₹2,120 cr, partly related to LLF demands from railways; management did not fully clarify.
- Bulk cement growth limited by availability of tank containers; domestic manufacturing delays could impact ramp-up.
Key quotes
- We have increased our share at ports without sacrificing our margins. In fact our margins have also increased.
- The limiting factor is availability of the container. As soon as we get the container, we are having agreement in place, cargo is available, we will start immediately moving the cargo.
- We are securing the future of the company in a very nice way for long-term business growth.
Research modules