Navkar Corporation Ltd
NSE: NAVKARCORP BSE: 539332Logistics
Navkar Corporation provides cargo transit services across Container Freight Stations, Private Freight Terminal, Inland Container Depots and Multimodal Logistics Parks. [1]
₹94.8
52W: ₹74 — ₹140
PE 47.3 · Book ₹130 · -27% vs bookMarket Cap₹1,426 Cr
Stock P/E47.3Price to Earnings
ROCE3.05%Return on Capital
ROE1.55%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company is almost debt free.
- +Stock is trading at 0.69 times its book value
- +Company is expected to give good quarter
- +Company's working capital requirements have reduced from 56.2 days to 35.6 days
Weaknesses
- −Company has a low return on equity of -0.20% over last 3 years.
Shareholding Pattern
Promoters70.37%
FIIs0.17%
DIIs1.65%
Public27.81%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 70.44% | 70.44% | 70.45%▲0.0 | 70.45% | 70.37%▼0.1 | 70.37% | 70.37% | 70.37% |
| FIIs | 0.24% | 0.29%▲0.0 | 0.73%▲0.4 | 0.33%▼0.4 | 0.21%▼0.1 | 0.22%▲0.0 | 0.22% | 0.17%▼0.0 |
| DIIs | 0% | 1.77%▲1.8 | 1.31%▼0.5 | 2.04%▲0.7 | 1.89%▼0.2 | 1.95%▲0.1 | 1.65%▼0.3 | 1.65% |
| Public | 29.32% | 27.49%▼1.8 | 27.51%▲0.0 | 27.18%▼0.3 | 27.54%▲0.4 | 27.46%▼0.1 | 27.75%▲0.3 | 27.81%▲0.1 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 117 | 118 | 118 | 136 | 129 | 104 | 138 | 162 | 186 | 201 |
| Expenses | 105 | 99 | 116 | 118 | 122 | 123 | 118 | 138 | 152 | 161 |
| Operating Profit | 12 | 19 | 2 | 18 | 7 | -19 | 20 | 24 | 33 | 40 |
| OPM % | 11% | 16% | 2% | 13% | 6% | -18% | 15% | 15% | 18% | 20% |
| Net Profit | -15 | 7 | -13 | -2 | -11 | -19 | 2 | 4 | 9 | 14 |
| EPS ₹ | -0.98 | 0.48 | -0.87 | -0.15 | -0.76 | -1.23 | 0.16 | 0.29 | 0.62 | 0.93 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹687Cr, up 41.9% YoY. OPM at 17%.
Debt Position
Borrowings at ₹174Cr. Debt-to-equity ratio: 0.10x. Healthy balance sheet.
Capex Cycle
CWIP at ₹2Cr (0% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 1.65% (+1.65pp change). FIIs: 0.17% (-0.35pp change). Promoters hold 70.37%.
Margin & Efficiency
ROCE declining from 12% (Mar 2015) to 3% (Mar 2026). Working capital days: 36.
Valuation
PE 47.3x with 3.05% ROCE. Price is -27% above book value of ₹130. Dividend yield: 0%.
Recent Announcements
- Announcement Under Regulation 30 - LODR 14 May - Navkar Corporation received AY2024-25 tax order granting immunity from penalty, with no impact.
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 14 May - Income Tax Department granted AY 2024-25 penalty immunity on May 13, 2026.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 12 May
- Announcement under Regulation 30 (LODR)-Investor Presentation 11 May
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 8 May - Audio recording of JSW Infrastructure conference call dated May 08, 2026 uploaded on Navkar website.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse