Orissa Bengal Carrier Promoter Ravi Agrawal Increases Stake to 45.14% Through Continued Share Purchases

1 min read     Updated on 02 Mar 2026, 05:32 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

Orissa Bengal Carrier promoter Ravi Agrawal continues to strengthen his stake through strategic share purchases, acquiring 19,612 equity shares worth ₹10.94 lakh in the latest round of transactions. Combined with his February acquisitions, Agrawal has invested over ₹42 lakh in company shares, demonstrating sustained confidence in the business prospects.

33644652

*this image is generated using AI for illustrative purposes only.

Orissa Bengal Carrier Ltd. promoter Ravi Agrawal has further increased his shareholding in the company through additional strategic open market purchases. The Managing Director and Promoter acquired 19,612 equity shares worth ₹10,94,283 across three trading sessions between February 26 and March 2, 2026, following his earlier acquisition of 57,875 shares in February.

Latest Share Acquisition Details

The recent acquisition was executed through multiple transactions across three consecutive trading sessions:

Date: Shares Acquired Percentage of Total Capital
February 26, 2026 3,086 0.01%
February 27, 2026 9,837 0.04%
March 2, 2026 6,689 0.03%
Total Latest Purchase 19,612 0.09%

Cumulative Shareholding Pattern

The latest acquisition further strengthened Agrawal's position in the company:

Parameter: Before Latest Purchase After Latest Purchase
Number of Shares 94,98,910 95,18,522
Shareholding Percentage 45.05% 45.14%
Latest Transaction Value - ₹10,94,283
Total Company Equity 2,10,82,790 shares 2,10,82,790 shares

Previous Acquisition History

This follows Agrawal's earlier share purchases in February 2026, where he acquired 57,875 equity shares worth ₹31,84,021 across three trading sessions between February 23-25, 2026. The combined acquisitions demonstrate sustained confidence in the company's prospects.

Regulatory Compliance and Documentation

The disclosure was made in accordance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Agrawal submitted the required Form C documentation on March 2, 2026, with the company filing the disclosure through Company Secretary Muskaan Gupta. The company trades under scrip code 541206 on BSE and symbol OBCL on NSE, with ISIN INE426Z01016.

Corporate Impact

With these continued acquisitions totaling over ₹42 lakh in recent months, Agrawal has demonstrated strong conviction in the company's future performance. All acquired shares carry voting rights, and the transactions were conducted entirely through on-market purchases on NSE. The reported values exclude taxes, brokerage, and other charges, with no derivatives trading involved in any of the transactions.

Historical Stock Returns for Orissa Bengal Carrier

1 Day5 Days1 Month6 Months1 Year5 Years
+2.70%+3.45%+3.04%-2.85%+9.62%-64.23%
like17
dislike

Orissa Bengal Carrier Reports Q3FY26 Loss of ₹238.51 Lakh, Revenue Declines 16.14% YoY

3 min read     Updated on 14 Feb 2026, 09:35 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Orissa Bengal Carrier Limited announced challenging Q3FY26 results with consolidated net loss of ₹238.51 lakh compared to profit of ₹79.65 lakh in Q3FY25. Revenue from operations declined 16.14% to ₹7,755.22 lakh. The board approved these results on February 14, 2026, ensuring regulatory compliance.

32630203

*this image is generated using AI for illustrative purposes only.

Orissa Bengal Carrier Limited reported challenging Q3FY26 results with a consolidated net loss of ₹238.51 lakh for the quarter ended December 31, 2025, marking a significant deterioration from the profit of ₹79.65 lakh recorded in the corresponding quarter of the previous year. The company's board approved these unaudited standalone and consolidated financial results during a meeting held on February 14, 2026, which commenced at 11:00 AM and concluded at 03:30 PM.

Financial Performance Overview

The company's consolidated revenue from operations declined 16.14% year-on-year to ₹7,755.22 lakh in Q3FY26 from ₹9,249.08 lakh in Q3FY25. Total income for the quarter stood at ₹7,738.95 lakh compared to ₹9,188.99 lakh in the previous year, reflecting the challenging operating environment.

Financial Metric Q3FY26 Q3FY25 Change (%)
Revenue from Operations ₹7,755.22 lakh ₹9,249.08 lakh -16.14%
Total Income ₹7,738.95 lakh ₹9,188.99 lakh -15.78%
Total Expenses ₹7,967.19 lakh ₹9,053.11 lakh -11.99%
Net Profit/(Loss) (₹238.51 lakh) ₹79.65 lakh -
Basic EPS (₹1.13) ₹0.38 -

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company reported a consolidated net loss of ₹266.75 lakh compared to a profit of ₹298.21 lakh in the corresponding period of the previous year. Revenue from operations remained relatively stable at ₹24,902.02 lakh against ₹24,769.91 lakh in the previous year.

Nine-Month Metrics 9M FY26 9M FY25 Change (%)
Revenue from Operations ₹24,902.02 lakh ₹24,769.91 lakh +0.53%
Total Income ₹25,262.73 lakh ₹24,879.97 lakh +1.54%
Net Profit/(Loss) (₹266.75 lakh) ₹298.21 lakh -
Basic EPS (₹1.27) ₹1.41 -

Segment-wise Performance

The company operates through two reportable segments: Road Transportation Service and Trading Business. The road transportation segment, which comprises truck load delivery services through owned and hired vehicles, generated revenue of ₹7,153.94 lakh in Q3FY26 compared to ₹7,719.41 lakh in Q3FY25. The trading business segment, involving trading of coal, sand, iron & steel, contributed ₹601.28 lakh in Q3FY26 against ₹1,529.67 lakh in the previous year.

Segment Q3FY26 Revenue Q3FY25 Revenue Change (%)
Road Transportation Service ₹7,153.94 lakh ₹7,719.41 lakh -7.33%
Trading Business ₹601.28 lakh ₹1,529.67 lakh -60.70%

Standalone Results

On a standalone basis, the company reported a net loss of ₹193.69 lakh in Q3FY26 compared to a profit of ₹7.02 lakh in Q3FY25. Standalone revenue from operations declined to ₹7,153.94 lakh from ₹7,719.41 lakh in the corresponding quarter of the previous year. For the nine-month period, standalone net loss widened to ₹411.07 lakh from a profit of ₹221.98 lakh in the previous year.

Regulatory Compliance and Corporate Governance

The financial results were prepared in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the audit committee and approved by the board of directors, with limited review reports provided by Agrawal Mahendra & Co., Chartered Accountants. The company has ensured compliance with all applicable regulations and will upload the results on its website and stock exchange platforms for shareholder access.

Corporate Structure

The consolidated results include OBCL Ventures Private Limited, which was incorporated on June 4, 2024, as a wholly-owned subsidiary of the company. The consolidation under Ind AS-110 "Consolidated Financial Statements" has been applicable from the quarter ending June 30, 2024, onwards.

Historical Stock Returns for Orissa Bengal Carrier

1 Day5 Days1 Month6 Months1 Year5 Years
+2.70%+3.45%+3.04%-2.85%+9.62%-64.23%
like17
dislike

More News on Orissa Bengal Carrier

1 Year Returns:+9.62%