Navkar Corporation Ltd

Navkar Corporation Ltd

₹ 116 0.65%
03 Jul 9:09 a.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 1,741 Cr.
  • Current Price 116
  • High / Low 126 / 54.8
  • Stock P/E 311
  • Book Value 131
  • Dividend Yield 0.00 %
  • ROCE 1.23 %
  • ROE 0.28 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.88 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 2.63% over last 3 years.
  • Working capital days have increased from 85.1 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
213.61 219.09 117.79 217.55 99.52 129.33 109.26 99.39 103.55 105.53 94.58 116.84 117.92
172.81 169.83 95.21 168.23 77.51 101.47 80.42 86.95 85.93 89.76 80.26 104.51 98.58
Operating Profit 40.80 49.26 22.58 49.32 22.01 27.86 28.84 12.44 17.62 15.77 14.32 12.33 19.34
OPM % 19.10% 22.48% 19.17% 22.67% 22.12% 21.54% 26.40% 12.52% 17.02% 14.94% 15.14% 10.55% 16.40%
0.68 1.75 5.20 0.96 13.54 12.10 12.64 22.41 -0.44 0.39 0.80 -3.08 0.55
Interest 15.21 14.91 6.09 15.04 1.64 4.83 4.61 5.86 3.66 1.08 1.99 5.27 5.68
Depreciation 11.65 13.85 6.23 14.13 9.70 6.19 6.36 7.38 6.86 8.78 9.61 11.12 12.19
Profit before tax 14.62 22.25 15.46 21.11 24.21 28.94 30.51 21.61 6.66 6.30 3.52 -7.14 2.02
Tax % 45.76% 41.17% 24.77% 40.69% -23.92% 18.00% 24.32% -95.84% 49.85% 40.79% 40.06% -107.42% -259.41%
7.94 13.09 11.64 12.52 29.99 23.73 23.08 42.33 3.35 3.73 2.11 -14.80 7.26
EPS in Rs 0.53 0.87 0.77 0.83 1.99 1.58 1.53 2.81 0.22 0.25 0.14 -0.98 0.48
Raw PDF

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
333 349 329 347 371 428 483 567 672 453 442 435
232 225 208 213 232 262 330 400 528 363 354 373
Operating Profit 102 124 121 134 139 167 153 167 144 90 88 62
OPM % 31% 36% 37% 39% 38% 39% 32% 29% 21% 20% 20% 14%
5 21 2 32 11 3 1 0 -1 32 46 -1
Interest 32 33 26 34 31 18 45 48 60 20 19 14
Depreciation 10 13 15 19 20 23 40 42 50 28 27 42
Profit before tax 64 99 81 113 99 128 69 77 33 74 88 5
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
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
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: -2%
Compounded Profit Growth
10 Years: -24%
5 Years: -36%
3 Years: -31%
TTM: -93%
Stock Price CAGR
10 Years: %
5 Years: 34%
3 Years: 42%
1 Year: 110%
Return on Equity
10 Years: 4%
5 Years: 2%
3 Years: 3%
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
Preference Capital 2 2 2 0 0 12 13 15 16 18 21
444 437 509 367 505 383 483 532 617 691 23 220
46 49 59 106 133 60 56 96 61 61 66 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%

Shareholding Pattern

Numbers in percentages

7 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

Concalls