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58	58	|(% style="width:450px" %) |(% style="width:215px" %) |(% style="width:236px" %) |17. Balasore| |
59	59	|(% style="width:450px" %)**Grand Total**|(% style="width:215px" %)**9**|(% style="width:236px" %)**33**|**17**|**5**|**64**
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	61	+[[image:concor0.jpg]]
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63	63	= Business Overview =
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65	65
66	66	CONCOR's core business is characterised by three distinct activities, that of a carrier, a terminal operator, and a warehouse operator.{{footnote}}https://concorindia.co.in/corebusiness.asp{{/footnote}}
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	69	+== Carrier ==
68	68
69		-
70		-Carrier
71		-
72	72	Rail is the mainstay of CONCOR's transportation plans & strategy. Majority of CONCOR terminals are rail-linked, with rail as the main carrier for haulage. Facilities are, however, provided for first and last mile transportation by road also. As rail is price-competitive over long distances, the price advantage can be passed on to clients, thus allowing for flexible and competitive pricing. The rail link also plays a major role in decongesting its ports and the road corridors that lead to these ports.
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74		-
75	75	Though rail is the mainstay of CONCOR's transportation plan, some CONCOR terminals are exclusively road-fed as well. Road services are mostly in the form of supplementary services to provide the door to door linkages having carried the bulk of long lead by rail. However, where ever it is operationally or economically a superior option, road is used as an alternative to rail as well.
76	76
77	77
78		-Terminal and CFS Operator
	76	+== Terminal and CFS Operator ==
79	79
80	80	CONCOR started operations in November 1989 with 7 Inland Container Depots (ICDs). CONCOR has since extended the network to a total of 63 terminals, of which 9 are export-import container depots,4 strategic tieups and 17 exclusive domestic container depots and as many as 33 terminals perform the combined role of domestic as well as international terminals. (terminal map)
81	81
82		-
83	83	CONCOR's customs bonded Inland Container depots are dry ports in the hinterland, and serve the purpose of bringing all port facilities including Customs clearance to the customer's doorstep. The terminals are almost always linked by rail to the Indian Railway network, unless their size or location dictates that they be linked by road. The rail links enable it to facilitate the moving of large volumes over long distances in the most cost effective manner.
84	84
85		-
86	86	CONCOR's terminals provide a spectrum of facilities in terms of warehousing, container parking, repair facilities, and even office complexes. As CFS operator, CONCOR adds value to the logistics chain by offering value added services such as
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	84	+* Transit warehousing for import and export cargo
	85	+* Bonded warehousing, enabling importers to store cargo and take partial deliveries, thereby deferring duty payment
	86	+* Less than Container Load (LCL) consolidation, and reworking of LCL cargo at nominated hubs
	87	+* Air cargo clearance using bonded trucking
88	88
89		-.
90	90
91		-Transit warehousing for import and export cargo
92		-
93		-Bonded warehousing, enabling importers to store cargo and take partial deliveries, thereby deferring duty payment
94		-
95		-Less than Container Load (LCL) consolidation, and reworking of LCL cargo at nominated hubs
96		-
97		-Air cargo clearance using bonded trucking
98		-
99		-
100		-
101	101	In the area of domestic business door pick up and door delivery services are the most popular. The company also use its terminal network to plan hub and spoke movements that allow single customers to move cargo to multiple locations at a single time, with CONCOR taking care of the distribution and re distribution requirements.
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103		-
104	104	The key value the company offer is the provision of a single-window facility co-ordinating with all the different agencies and services involved in the containerized cargo trade, from Customs, Gateway Ports, and Railways, to road hauliers, consolidators, Forwarders, Custom House Agents and shipping lines. To achieve a high degree of customization, the company offer packages designed to provide the most cost-effective combination of road and rail. This enables it to offer services which can be individually tailored to every customers specifications, minimizing customers own efforts.
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106	106
107		-CONCOR Last Mile Logistics Limited
	95	+== CONCOR Last Mile Logistics Limited ==
108	108
109	109	CONCOR Last Mile Logistics Limited a wholly owned subsidiary of Container Corporation of India Limited has been incorporated on 06.01.2020 with the objective of strengthening the first and last mile connectivity through a multi vendor arrangement at the most competitive rates through the process of reverse auction among the empanelled vendors at the terminals under FMLM arrangement . The digital app based FMLM will pave the way for building up of a robust ,reliable efficient and cost effective platform for the esteemed customers. The intention will be to generate confidence among the customers with the main focus on reduction in the overall logistics cost and a determined beginning towards developing a single window solution for the customer serving their requirements to their utmost satisfaction
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	100	+= Industry Overview =
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113		-Industry Overview
	102	+Indian Railways registered a marginal decrease of 1.04% in originating loading of cargo, from 1223.17 million tonnes in 2018-19 to 1210.46 million tonnes in 2019-20. However, originating containerized cargo transported by rail has increased from 60.14 million tonnes in 2018-19 to 61.22 million tonnes in 2019-20 reflecting an increase of 1.80%. The containers handled at all ports of the country registered a growth of 6.76% from 15.41 million TEUs in 2018-19 to 16.45 million TEUs in 2019-20. While Mundra Port registered a growth of 5.97%, Pipavav Port registered a growth of 1.26% in container handling in 2019-20 as compared to 2018-19. However, the largest container handling port of the country, JN Port recorded a decrease of 1.99%, from 5.13 million TEUs in 2018-19 to 5.03 million TEUs in 2019-20. In value terms, total exports of the country went down by 4.78% from 330.08 billion dollars in 2018-19 to 314.31 billion dollars in 2019-20. Imports of the country have also gone down by 9.12% from 507.44 billion dollars in 2018-19 to 467.19 billion dollars in 2019-20. CONCOR experienced a rise in export of commodities such as Aluminum Alloy, Food Items, Medicines, Machines, Non Haz. Chemicals, Iron Artware while import of commodities such as Auto Parts, News Print, Furniture, Solar Module, Aluminum Scrap and Polyester Goods increased.{{footnote}}https://www.concorindia.co.in/AR1920/annualreport32sept.pdf{{/footnote}}
114	114
115		-Indian Railways registered a marginal decrease of 1.04% in originating loading of cargo, from 1223.17 million tonnes in 2018-19 to 1210.46 million tonnes in 2019-20. However, originating containerized cargo transported by rail has increased from 60.14 million tonnes in 2018-19 to 61.22 million tonnes in 2019-20 reflecting an increase of 1.80%. The containers handled at all ports of the country registered a growth of 6.76% from 15.41 million TEUs in 2018-19 to 16.45 million TEUs in 2019-20. While Mundra Port registered a growth of 5.97%, Pipavav Port registered a growth of 1.26% in container handling in 2019-20 as compared to 2018-19. However, the largest container handling port of the country, JN Port recorded a decrease of 1.99%, from 5.13 million TEUs in 2018-19 to 5.03 million TEUs in 2019-20. In value terms, total exports of the country went down by 4.78% from 330.08 billion dollars in 2018-19 to 314.31 billion dollars in 2019-20. Imports of the country have also gone down by 9.12% from 507.44 billion dollars in 2018-19 to 467.19 billion dollars in 2019-20. CONCOR experienced a rise in export of commodities such as Aluminum Alloy, Food Items, Medicines, Machines, Non Haz. Chemicals, Iron Artware while import of commodities such as Auto Parts, News Print, Furniture, Solar Module, Aluminum Scrap and Polyester Goods increased.
116		-
117		-[[https:~~/~~/www.concorindia.co.in/AR1920/annualreport32sept.pdf>>url:https://www.concorindia.co.in/AR1920/annualreport32sept.pdf]]
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119		-
120	120	In the above mentioned external business environment, the company carried 40.43 million tons of containerized cargo by rail during FY 2019-20, decrease of 7.05% from 43.50 million tons carried in 2018-19. The company achieved throughput of 3.75 million TEUs in FY 2019-20 as against 3.83 million TEUs in FY 2018-19 i.e. marginal drop of 2.13% despite outbreak of COVID-19. The company also continued to place great emphasis on providing total logistics solutions to its customers by expanding the business in all segments of transport value chain, both in EXIM and Domestic sector. Emphasis was also on optimal utilization of infrastructure with complete cost control, combined with strategy of expansion into other segments of value chain with overall objective of making logistics services effective, efficient and competitive.
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122	122
123		-Exim & Domestic Business:
	107	+== Exim & Domestic Business ==
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125	125	During 2019-20, the EXIM container traffic handled at all Indian ports increased by 6.76% as compared to 2018- 19. However, in EXIM segment the company handled 3.15 million TEUs in 2019-20 as against 3.24 million TEUs in 2018-19. In terms of tonnage, the decrease in EXIM originating loading was 8.93% from 35.60 million tonnes in 2018-19 to 32.68 million tonnes in 2019-20.
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127	127	The total traffic handled in domestic segment was 593,162 TEUs in 2019-20 as against 584,160 TEUs in 2018-19 i.e. an increase of 1.54%. However, in terms of tonnage, there was a marginal decrease in domestic originating loading of 1.80% from 7.89 million tonnes in 2018-19 to 7.75 million tonnes in 2019-20. During the same period, domestic containerized loading of Indian Railways decreased by 4.56% from 11.85 million tonnes in 2018-19 to 11.31 million tonnes in 2019-20. The company's market share in total domestic business increased from 66.36% in 2018-19 to 68.52% in 2019-20.
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129	129
130		-Financial Highlights
	114	+= Financial Highlights =
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132		-
133	133	The operating turnover of the company registered a decline of 5.93% during the year under review from Rs.6,881.91 crores in the previous year to Rs.6,473.79 crores in the current year. Total expenditure decreased by 3.24% from Rs.5,527.26 crores in 2018-19 to Rs.5,347.93 crores in 2019-20. The profit before tax works out to Rs.523.96 crores, a decrease of 68.98% over 2018-19. After making provisions for income tax, tax adjustments, the profit stands at Rs.375.78 crores, which is 69.08% lower than last year. This decrease in profit before tax and profit after tax were mainly attributable to provision of Rs.861.05 crores for amount receivable on account of benefit under Service Export from India Scheme (SEIS) and Rs.20.58 crores for impairment loss of Investment in M/s Fresh & Healthy Enterprises Limited (FHEL), a wholly owned subsidiary of CONCOR.
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135	135
136		-New Terminals & Terminal Network Expansion:
	119	+**New Terminals & Terminal Network Expansion:**
137	137
138	138	During the year, the Company has further strengthened its existing Terminal Network to provide efficient services to its customers. Presently, the Company has been operating at 63 terminals in total, out of which 59 are its own terminals (9 pure EXIM, 33 Combined Container, 17 pure Domestic) and it has entered into 4 (four) Strategic tie ups for various locations.
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142	142	As a part of overall strategy of expansion and entry into new areas of business to complement CONCOR's position as a Multimodal Logistics service provider, CONCOR has entered into coastal shipping operations, Distribution Logistics, warehousing, First Mile Last Mile Logistics, and Bulk movement of Cargo in Containers among other initiatives.
143	143
144		-High Speed Wagons, Containers and Handling Equipments
	127	+**High Speed Wagons, Containers and Handling Equipments**
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146	146	In order to strengthen and improve the service level, during the year under review 80 Bogie Low Longer (BLL) wagons were added to the existing fleet of CONCOR owned wagons, increasing the holding of BLC and BLL wagons to 13,497. During the year, 2,005 numbers of BLC wagons converted into Bogie Low Container Modified (BLCM) rakes with increasing axle load capacity from 20.3T to 22T. Further, 470 numbers of BLCM wagons have been taken on Lease for the period of 10 years. Therefore, total wagons (BLC+BLCM+BLL+BFKHN+BVZI) holding, including leased wagons as on 31.03.2020 was 15,578 and first time procurement of 25 Ton axle high speed BLCS wagons is under process.
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150	150	During the year 2019-20, total 29 numbers of Reach Stackers (RSTs) have been added to the existing fleet of CONCOR owned RSTs. As on 31.03.2020, the Company owned 111 RSTs and 16 Gantry cranes.
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153		-Container Corp Consolidated September 2020 Quarterly Result
	136	+**Container Corp Consolidated September 2020 Quarterly Result **{{footnote}}https://www.moneycontrol.com/news/business/earnings/container-corp-consolidated-september-2020-net-sales-at-rs-1509-30-crore-down-14-03-y-o-y-6075541.html{{/footnote}}
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155		-[[https:~~/~~/www.moneycontrol.com/news/business/earnings/container-corp-consolidated-september-2020-net-sales-at-rs-1509-30-crore-down-14-03-y-o-y-6075541.html>>url:https://www.moneycontrol.com/news/business/earnings/container-corp-consolidated-september-2020-net-sales-at-rs-1509-30-crore-down-14-03-y-o-y-6075541.html]]
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158	158	November 06, 2020 Net Sales at Rs 1,509.30 crore in September 2020 down 14.03% from Rs. 1,755.61 crore in September 2019.
159	159
160	160	Quarterly Net Profit at Rs. 184.62 crore in September 2020 up 155.62% from Rs. 331.95 crore in September 2019.
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166	166	Container Corp shares closed at 407.30 on November 05, 2020 (NSE) and has given 21.22% returns over the last 6 months and -29.39% over the last 12 months.
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	149	+= References =
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170		-
171		-References
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173	173	{{putFootnotes/}}