Navigant Corporate Advisors Ltd

Navigant Corporate Advisors Ltd

₹ 42.4 4.95%
11 Mar 2024
About

Incorporated in 2012, Navigant Corporate
Advisors provides Merchant Banking and Advisory Services[1]

Key Points

Business Overview:[1][2]
Company is a SEBI-registered Category
I – Merchant Banker. It provides integrated
capital market advisory and financial services
to Corporate and HNI Clients, and also has associations with intermediaries of Capital
& Debt Market in India and overseas to raise funds.

Company mainly participates in the SME Segment of Primary market issues, Valuation Advisory besides handling various assignments
on Rights Issues, Delisting, Open Offers, Exit
Offer for Companies on Disseminations Board
and various valuation exercises including ESOP
advisory.

  • Market Cap 13.4 Cr.
  • Current Price 42.4
  • High / Low 47.2 / 0.00
  • Stock P/E 11.4
  • Book Value 31.7
  • Dividend Yield 0.00 %
  • ROCE 14.2 %
  • ROE 9.89 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Promoter holding has increased by 4.60% over last quarter.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 37.0%
  • Company has a low return on equity of 9.92% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Half Yearly Results

Figures in Rs. Crores

Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
0.87 1.41 1.30 1.01 1.65 2.40 2.85 3.26 2.97 3.47
0.64 0.96 0.90 0.80 1.33 1.90 2.22 2.69 2.36 2.53
Operating Profit 0.23 0.45 0.40 0.21 0.32 0.50 0.63 0.57 0.61 0.94
OPM % 26.44% 31.91% 30.77% 20.79% 19.39% 20.83% 22.11% 17.48% 20.54% 27.09%
0.04 0.05 -0.16 0.02 0.06 0.31 0.09 0.06 0.05 0.03
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.02 0.02 0.02 0.03 0.03 0.04 0.04 0.04 0.04 0.03
Profit before tax 0.25 0.48 0.22 0.20 0.35 0.77 0.68 0.59 0.62 0.94
Tax % 20.00% 22.92% 54.55% 40.00% 25.71% 19.48% 27.94% 30.51% 30.65% 28.72%
0.20 0.37 0.10 0.13 0.25 0.62 0.49 0.42 0.44 0.67
EPS in Rs 0.63 1.17 0.32 0.41 0.79 1.97 1.55 1.33 1.40 2.13
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0.08 0.13 0.70 0.62 1.55 3.17 2.48 2.52 2.65 5.53 6.22 6.44
0.08 0.09 0.54 0.52 1.32 2.28 1.87 1.85 2.14 4.12 5.02 4.89
Operating Profit 0.00 0.04 0.16 0.10 0.23 0.89 0.61 0.67 0.51 1.41 1.20 1.55
OPM % 0.00% 30.77% 22.86% 16.13% 14.84% 28.08% 24.60% 26.59% 19.25% 25.50% 19.29% 24.07%
0.00 0.00 0.14 0.12 0.11 0.25 0.17 0.07 0.10 0.12 0.10 0.08
Interest 0.00 0.00 0.00 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.03 0.04 0.04 0.04 0.04 0.06 0.07 0.07 0.07
Profit before tax 0.00 0.04 0.30 0.18 0.29 1.10 0.74 0.70 0.55 1.46 1.23 1.56
Tax % 25.00% 30.00% 27.78% 31.03% 27.27% 24.32% 32.86% 30.91% 23.29% 29.27%
0.00 0.02 0.20 0.12 0.20 0.81 0.56 0.47 0.38 1.12 0.86 1.11
EPS in Rs 0.00 1.97 10.72 0.38 0.63 2.57 1.78 1.49 1.21 3.55 2.73 3.53
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 55%
5 Years: 14%
3 Years: 35%
TTM: 5%
Compounded Profit Growth
10 Years: %
5 Years: 2%
3 Years: 23%
TTM: 29%
Stock Price CAGR
10 Years: %
5 Years: 20%
3 Years: 48%
1 Year: 6%
Return on Equity
10 Years: 9%
5 Years: 9%
3 Years: 10%
Last Year: 10%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.01 0.10 0.19 3.15 3.15 3.15 3.15 3.15 3.15 3.15 3.15 3.15
Reserves 0.00 0.30 0.84 2.00 2.20 3.01 3.36 3.83 4.21 5.32 6.18 6.85
0.31 0.43 0.00 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.01 0.51 0.31 0.40 0.52 0.37 0.65 0.77 0.97 1.37 1.33
Total Liabilities 0.32 0.84 1.54 5.53 5.75 6.68 6.88 7.63 8.13 9.44 10.70 11.33
0.00 0.00 0.12 0.24 0.37 0.33 0.31 0.30 0.43 0.40 0.34 0.33
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.75 1.26 1.11 1.79 2.61 4.91 6.21 6.63 7.24 8.09 8.63
0.32 0.09 0.16 4.18 3.59 3.74 1.66 1.12 1.07 1.80 2.27 2.37
Total Assets 0.32 0.84 1.54 5.53 5.75 6.68 6.88 7.63 8.13 9.44 10.70 11.33

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.31 0.34 0.59 -3.97 1.10 0.86 3.37 0.24 0.87 1.18 0.89
0.00 -0.75 -0.63 0.00 -0.86 -0.82 -2.31 -1.33 -0.61 -0.65 -0.87
0.31 0.49 -0.01 4.07 -0.08 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow 0.00 0.08 -0.05 0.10 0.16 0.04 1.05 -1.09 0.26 0.53 0.02

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0.00 0.00 26.07 0.00 11.77 3.45 1.47 2.90 8.26 2.64 7.63
Inventory Days
Days Payable
Cash Conversion Cycle 0.00 0.00 26.07 0.00 11.77 3.45 1.47 2.90 8.26 2.64 7.63
Working Capital Days 1,460.00 0.00 -192.93 2,207.66 689.97 331.61 -11.77 27.52 -34.43 -15.84 -11.15
ROCE % 6.96% 32.26% 6.08% 5.68% 19.11% 11.68% 10.38% 7.67% 18.45% 14.16%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
73.04% 73.04% 31.81% 31.81% 31.81% 31.81% 31.81% 32.44% 32.44% 32.44% 32.44% 37.04%
26.96% 26.96% 68.19% 68.19% 68.19% 68.19% 68.19% 67.56% 67.56% 67.55% 67.56% 62.96%
No. of Shareholders 444454535362626062656473

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