Navkar Corporation Ltd

Navkar Corporation Ltd

₹ 108 -0.64%
24 Apr 2:17 p.m.
About

Navkar Corporation provides cargo transit services across Container Freight Stations, Private Freight Terminal, Inland Container Depots and Multimodal Logistics Parks. [1]

Key Points

Offerings
Cargo Handling Services: Variety of cargoes are handled for stuffing into containers, de-stuffing from import containers, clearing cargoes and transporting.
Private Freight Terminals: This enables storage of cargo in huge quantities in railway wagons for its subsequent transportation.
Reefer Containers: Temperature controlled cargoes are stored in cold chambers at CFS/ ICD and cleared for exports and imports as required.
Empty Container Storage: It has the added facility of an Empty Container Depot that can store a large number of empty containers.
Hazardous cargo: Two of the three CFSs and ICD of the Co have been duly approved by the Customs Department for storing and handling hazardous cargoes.
Cargo Repair & Maintenance: Every container is thoroughly inspected and surveyed with strict adherence to the directives issued by the Containers Shipping Lines in that respect. Washing, cleaning, removal of debris, left-overs, and old stickers is carried out to get the containers ready for the operations in respect of the next cargo.
Bonded Warehousing: Import shipments occasionally require cargoes to be bonded and
thereafter to be cleared in either small parcels or in entirety. These are kept in the Co’s bonded warehouses. [1]

  • Market Cap 1,620 Cr.
  • Current Price 108
  • High / Low 126 / 53.5
  • Stock P/E 324
  • Book Value 132
  • Dividend Yield 0.00 %
  • ROCE 3.00 %
  • ROE 4.06 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.84 times its book value
  • Debtor days have improved from 52.0 to 24.7 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 0.62% over past five years.
  • Company has a low return on equity of 2.91% over last 3 years.
  • Working capital days have increased from 30.9 days to 74.0 days

* 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: Logistics Industry: Miscellaneous

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
190 214 219 118 218 100 129 109 99 104 106 95 117
144 173 170 95 168 78 101 80 87 86 90 80 105
Operating Profit 47 41 49 23 49 22 28 29 12 18 16 14 12
OPM % 24% 19% 22% 19% 23% 22% 22% 26% 13% 17% 15% 15% 11%
0 1 2 5 1 14 12 13 22 -0 0 1 -3
Interest 15 15 15 6 15 2 5 5 6 4 1 2 5
Depreciation 13 12 14 6 14 10 6 6 7 7 9 10 11
Profit before tax 18 15 22 15 21 24 29 31 22 7 6 4 -7
Tax % 23% 46% 41% 25% 41% -24% 18% 24% -96% 50% 41% 40% -107%
14 8 13 12 13 30 24 23 42 3 4 2 -15
EPS in Rs 0.92 0.53 0.87 0.77 0.83 1.99 1.58 1.53 2.81 0.22 0.25 0.14 -0.98
Raw PDF
Upcoming result date: 30 April 2024

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
268 333 349 329 347 371 428 483 567 672 453 442 420
178 232 225 208 213 232 262 330 400 528 363 354 360
Operating Profit 90 102 124 121 134 139 167 153 167 144 90 88 60
OPM % 34% 31% 36% 37% 39% 38% 39% 32% 29% 21% 20% 20% 14%
1 5 21 2 32 11 3 1 0 -1 32 46 -2
Interest 30 32 33 26 34 31 18 45 48 60 20 19 12
Depreciation 8 10 13 15 19 20 23 40 42 50 28 27 36
Profit before tax 53 64 99 81 113 99 128 69 77 33 74 88 9
Tax % 11% 11% 9% 14% 16% 10% 21% 23% 41% 51% 9% -5%
47 57 90 70 95 89 101 53 45 16 67 92 -6
EPS in Rs 34.95 38.36 49.23 6.35 6.65 6.23 6.70 3.51 3.01 1.06 4.47 6.14 -0.37
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 1%
3 Years: -8%
TTM: -4%
Compounded Profit Growth
10 Years: 3%
5 Years: -5%
3 Years: 20%
TTM: -93%
Stock Price CAGR
10 Years: %
5 Years: 24%
3 Years: 46%
1 Year: 101%
Return on Equity
10 Years: 5%
5 Years: 3%
3 Years: 3%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 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 13 15 18 110 143 143 151 151 151 151 151 151 151
Reserves 195 292 413 395 994 1,318 1,551 1,604 1,649 1,665 1,732 1,826 1,832
Preference Capital 0 2 2 2 0 0 12 13 15 16 18 21
417 444 437 509 367 505 383 483 532 617 691 23 175
34 46 49 59 106 133 60 56 96 61 61 66 30
Total Liabilities 660 797 917 1,072 1,609 2,100 2,144 2,293 2,427 2,493 2,634 2,065 2,187
548 620 656 790 859 1,239 1,921 1,958 2,160 2,226 2,265 1,653 1,770
CWIP 1 0 44 0 114 526 13 122 46 42 98 54 145
Investments 0 20 20 5 60 0 0 0 0 0 0 0 0
111 156 198 278 575 334 211 214 222 225 270 359 271
Total Assets 660 797 917 1,072 1,609 2,100 2,144 2,293 2,427 2,493 2,634 2,065 2,187

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
66 73 82 67 162 108 73 128 165 114 125 126
-112 -109 -93 -101 -509 -47 -108 -181 -170 -117 -152 648
46 38 10 33 350 -28 6 49 1 8 23 -685
Net Cash Flow 0 1 -1 -0 3 34 -29 -3 -4 5 -4 88

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 82 69 80 86 50 44 44 53 52 58 73 25
Inventory Days 0 0 0
Days Payable
Cash Conversion Cycle 82 69 80 86 50 44 44 53 52 58 73 25
Working Capital Days 86 91 37 9 -85 -132 19 9 10 1 18 74
ROCE % 15% 14% 16% 12% 12% 8% 7% 5% 5% 4% 3% 3%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
69.03% 69.03% 69.03% 69.03% 69.03% 69.02% 69.25% 70.44% 70.44% 70.44% 70.44% 70.44%
0.21% 0.35% 0.40% 0.27% 0.46% 0.64% 0.82% 0.48% 0.52% 0.15% 0.79% 0.28%
6.25% 6.25% 6.24% 5.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
24.52% 24.38% 24.33% 25.44% 30.51% 30.34% 29.92% 29.08% 29.03% 29.41% 28.76% 29.26%
No. of Shareholders 53,39458,55455,31453,86255,11362,11962,65961,43260,22459,44253,40857,956

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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