Navkar Corporation Ltd
Navkar Corporation provides cargo transit services across Container Freight Stations, Private Freight Terminal, Inland Container Depots and Multimodal Logistics Parks. [1]
- Market Cap ₹ 1,852 Cr.
- Current Price ₹ 123
- High / Low ₹ 164 / 55.6
- Stock P/E
- Book Value ₹ 131
- Dividend Yield 0.00 %
- ROCE 1.51 %
- ROE -0.17 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.94 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -2.06% over past five years.
- Company has a low return on equity of 2.47% over last 3 years.
- Working capital days have increased from 85.2 days to 163 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
333 | 349 | 329 | 347 | 371 | 428 | 483 | 567 | 672 | 453 | 442 | 435 | 447 | |
232 | 225 | 208 | 213 | 232 | 262 | 330 | 400 | 528 | 363 | 354 | 367 | 399 | |
Operating Profit | 102 | 124 | 121 | 134 | 139 | 167 | 153 | 167 | 144 | 90 | 88 | 68 | 48 |
OPM % | 31% | 36% | 37% | 39% | 38% | 39% | 32% | 29% | 21% | 20% | 20% | 16% | 11% |
5 | 21 | 2 | 32 | 11 | 3 | 1 | 0 | -1 | 32 | 46 | -7 | -5 | |
Interest | 32 | 33 | 26 | 34 | 31 | 18 | 45 | 48 | 60 | 20 | 19 | 14 | 18 |
Depreciation | 10 | 13 | 15 | 19 | 20 | 23 | 40 | 42 | 50 | 28 | 27 | 42 | 46 |
Profit before tax | 64 | 99 | 81 | 113 | 99 | 128 | 69 | 77 | 33 | 74 | 88 | 5 | -21 |
Tax % | 11% | 9% | 14% | 16% | 10% | 21% | 23% | 41% | 51% | 9% | -5% | 137% | |
57 | 90 | 70 | 95 | 89 | 101 | 53 | 45 | 16 | 67 | 92 | -2 | -18 | |
EPS in Rs | 38.36 | 49.23 | 6.35 | 6.65 | 6.23 | 6.70 | 3.51 | 3.01 | 1.06 | 4.47 | 6.14 | -0.11 | -1.23 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | -2% |
3 Years: | -14% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -113% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 29% |
3 Years: | 42% |
1 Year: | 112% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 15 | 18 | 110 | 143 | 143 | 151 | 151 | 151 | 151 | 151 | 151 | 151 |
Reserves | 292 | 413 | 395 | 994 | 1,318 | 1,551 | 1,604 | 1,649 | 1,665 | 1,732 | 1,826 | 1,824 |
446 | 439 | 511 | 367 | 505 | 395 | 496 | 547 | 634 | 709 | 44 | 220 | |
44 | 47 | 56 | 106 | 133 | 48 | 43 | 81 | 44 | 42 | 45 | 34 | |
Total Liabilities | 797 | 917 | 1,072 | 1,609 | 2,100 | 2,144 | 2,293 | 2,427 | 2,493 | 2,634 | 2,065 | 2,228 |
620 | 656 | 790 | 859 | 1,239 | 1,921 | 1,958 | 2,160 | 2,226 | 2,265 | 1,653 | 1,946 | |
CWIP | 0 | 44 | 0 | 114 | 526 | 13 | 122 | 46 | 42 | 98 | 54 | 23 |
Investments | 20 | 20 | 5 | 60 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
156 | 198 | 278 | 575 | 334 | 211 | 214 | 222 | 225 | 270 | 359 | 259 | |
Total Assets | 797 | 917 | 1,072 | 1,609 | 2,100 | 2,144 | 2,293 | 2,427 | 2,493 | 2,634 | 2,065 | 2,228 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
73 | 82 | 67 | 162 | 108 | 73 | 128 | 165 | 114 | 125 | 126 | 62 | |
-109 | -93 | -101 | -509 | -47 | -108 | -181 | -170 | -117 | -152 | 648 | -302 | |
38 | 10 | 33 | 350 | -28 | 6 | 49 | 1 | 8 | 23 | -685 | 154 | |
Net Cash Flow | 1 | -1 | -0 | 3 | 34 | -29 | -3 | -4 | 5 | -4 | 88 | -86 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 69 | 80 | 86 | 50 | 44 | 44 | 53 | 52 | 58 | 73 | 25 | 64 |
Inventory Days | 0 | 0 | ||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 69 | 80 | 86 | 50 | 44 | 44 | 53 | 52 | 58 | 73 | 25 | 64 |
Working Capital Days | 91 | 37 | 9 | -85 | -132 | 19 | 9 | 10 | 1 | 18 | 74 | 163 |
ROCE % | 14% | 16% | 12% | 12% | 8% | 7% | 5% | 5% | 4% | 3% | 3% | 2% |
Documents
Announcements
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Letter of Offer
3 Oct - JSW Port Logistics makes cash offer for Navkar shares.
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Update on board meeting
1 Oct - Rescheduled board meeting to approve financial results.
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Board Meeting Intimation for Results
1 Oct - Board meeting to approve Q2 financial results.
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Closure of Trading Window
26 Sep - Closure of trading window from October 01, 2024.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 24 Sep
Annual reports
Concalls
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Nov 2023Transcript PPT REC
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Oct 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022TranscriptNotesPPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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May 2021Transcript PPT
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Feb 2021Transcript PPT
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Oct 2020Transcript PPT
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Sep 2020Transcript PPT
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Jun 2020TranscriptNotesPPT
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Jun 2020Transcript PPT
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Feb 2020TranscriptNotesPPT
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Feb 2020Transcript PPT
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Nov 2019TranscriptNotesPPT
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Aug 2019Transcript PPT
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Oct 2018TranscriptPPT
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Nov 2017TranscriptPPT
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Jul 2017TranscriptPPT
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May 2017TranscriptPPT
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Feb 2017TranscriptPPT
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Nov 2016TranscriptPPT
Business Service
1) Container Freight Stations (CFSs): The company owns 3 CFSs serving the gateway port of Nhava-Sheva, handling both import and export containers and offering customs clearance services. It operates modern cargo and container handling facilities, warehouses, and container stacking yards, providing end-to-end services, including parking and repair facilities. [1]
In FY24, imports and exports through the Nhava Sheva port declined, affecting the CFS business's exempt trade volumes. Exports were hit particularly by a drop in agro-commodity exports, driven by government disincentives such as withholding export quotas for essential food commodities.[2]