Container Corporation of India Limited (CONCOR) has announced the approval of a dividend of ₹3.40 per share (68% on a face value of ₹5) by its Board of Directors. This brings the total dividend for FY26 to ₹7.60 per share (152%). The company achieved a record throughput of 4.15 million TEUs for the period ending December 2025, marking an 11% growth, with EXIM increasing by 10% and domestic by 13%. CONCOR's market share increased at JNPT and Pipavav Port without sacrificing margins. Rail freight margin rose by approximately 200 basis points to 27.7%, and operating margin increased by about 100 basis points to 31.2%. Operating income grew by 3.3%, and profit before depreciation increased by 7.6% for Q3 FY26. However, Profit After Tax (PAT) was flat due to a higher depreciation charge of approximately ₹68 crore. This increase in depreciation is attributed to adjustments made in the previous financial year regarding wagon life. CONCOR has enhanced its CAPEX budget for the current financial year by 23%, from ₹860 crore to ₹1,060 crore, to meet the robust market demand. The company is continuously upgrading its infrastructure, having commissioned 31 high-speed rakes and procured around 3,800 containers in the current financial year, bringing its total container fleet to approximately 57,000. For the future, CONCOR projects EXIM to grow over 15% per annum and domestic to grow over 20% per annum for the next three years. By FY2029, the company projects a top line of ₹15,000 crore, handling throughput of 10 million TEUs, and 75 million tonnes of containerized cargo. The company expects the Western DFC connectivity to JNPT by March 2026 to significantly boost the EXIM business. New terminals and expansion into shipping services in the Middle East and Far East are also expected to contribute to growth.
