Navkar Corporation Ltd.

NSE: NAVKARCORP · Logistics Solution Provider · sector

₹72.98NSE close 2026-10-26

Key numbers

Market cap₹1,098 cr

Price₹72.98

52w high / low₹127 / ₹73

P/E27.4xSector median 13.7x

P/B0.6xSector median 1.4x

Book value₹130.1

Dividend yield–Sector median 0.60%

ROE2.1%Sector median 9.1%

ROCE3.6%Sector median 11.4%

OPM17.7%Sector median 7.0%

Debt / equity0.09xSector median 0.24x

EV/EBITDA9.5xSector median 8.9x

Interest cover5.0x

Current ratio1.60x

Sales growth 3y+15.9%Sector median +7.7%

Profit growth 3y-31.2%Sector median -9.8%

PEG–

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 51 companies in Logistics Solution Provider (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹19 cr vs borrowings ₹168 cr (FY26): borrowings are higher by ₹149 cr.
Operating profit covered interest 5.0x in the last 12 months.
No promoter shares are pledged.
Operating cash flow was below net profit in 0 of the last 5 years.
Net loss in 3 of the last 8 quarters.
Revenue was higher than a year earlier in 4 of the last 4 quarters.
Other income was 10% of net profit in the last 12 months.
Debtor days went from 64 (FY24) to 95 (FY26).
No dividend in the last 5 financial years.
Price ₹72.98 on 2026-10-26: -42.4% from the 52-week high, 0.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹162.48 · low ₹72.98

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	133	129	104	138	162	186	201	191
EBITDA	14	7	-19	20	24	33	40	33
OPM %	10.1%	5.7%	-17.8%	14.6%	15.0%	18.0%	19.8%	17.4%
Other income	3	0	1	1	0	0	2	2
Net profit	-2	-11	-19	2	4	9	14	12
EPS (₹)	-0.15	-0.76	-1.23	0.16	0.29	0.62	0.93	0.82
Revenue YoY					+22.0%	+43.5%	+92.5%	+38.1%
Profit YoY					–	–	–	+401.2%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	856	442	435	484	687	740
EBITDA	194	106	62	-1	118	131
Net profit	67	92	-2	-45	30	40
EPS (₹)	4.47	6.15	-0.12	-3.01	2.00	2.66
Revenue growth		-48.4%	-1.5%	+11.4%	+41.9%	+46.5%
Profit growth		+37.6%	-101.8%	–	–	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+15.9%	–	+46.5%
Net profit	-31.2%	–	–
EPS	-31.2%	–	–
Share price	–	-21.5% (2y)	-32.9%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	1,977	1,975	1,928	1,958
Borrowings	–	44	214	156	168
Cash & equivalents	–	91	5	4	19
Total assets	–	2,065	2,228	2,147	2,210
Fixed assets	–	1,580	1,875	1,849	1,871
Capital work in progress	–	54	23	5	2
Investments	–	0	0	0	0
Receivables	–	30	76	113	178
Inventory	–	2	3	3	5
Payables	–	26	13	30	45

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	125	126	62	84	77
Cash from investing	-152	648	-302	-5	-56
Cash from financing	23	-685	154	-81	-10
Capex	158	342	305	26	55
Free cash flow	-33	-217	-243	58	22

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	4.7%	-0.1%	-2.3%	1.5%
ROCE %	–	4.3%	1.2%	-2.2%	3.0%
Debtor days	–	25	64	85	95
Inventory days	–	2	3	2	2
Payable days	–	22	11	23	24
Cash conversion cycle (days)	–	5	56	64	73
Working capital days	–	150	102	44	46

Shareholding

Holder	% (2026-09-30)
Promoters	70.37%
FIIs	0.47%
DIIs	0.05%
Government	0.00%
Public (non-institutions)	29.11%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	70.45%	70.45%	70.37%	70.37%	70.37%	70.37%	70.37%	70.37%

Promoter group	%
Jsw Port Logistics Private Limited	70.37%
JSW Infrastructure Limited	0.00%

61,362 shareholders. Pledged: 0.00% of promoter shares.

Peers in Logistics Solution Provider

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
CONCOR	₹31,348 cr	25.1x	2.4x	9.8%	13.2%	21.6%	+3.6%	2.22%
DELHIVERY	₹28,082 cr	300.0x	2.9x	1.0%	2.2%	5.5%	+13.3%	–
SHADOWFAX	₹16,722 cr	128.7x	9.6x	6.4%	7.5%	5.0%	–	–
BLUEDART	₹10,124 cr	35.3x	5.7x	17.2%	23.6%	15.3%	+5.9%	0.59%
TCI	₹6,508 cr	14.2x	2.5x	19.4%	15.8%	10.6%	+9.1%	1.08%
TVSSCS	₹4,879 cr	75.7x	2.4x	3.4%	8.3%	7.0%	–	–
VRLLOG	₹4,687 cr	17.6x	4.1x	24.0%	28.1%	20.4%	+6.7%	3.73%
MAHLOG	₹3,871 cr	104.6x	3.3x	4.8%	11.9%	5.5%	+10.9%	0.46%
AFCOM	₹3,781 cr	18.9x	8.3x	54.4%	45.9%	35.1%	–	–
NAVKARCORP	₹1,098 cr	27.4x	0.6x	2.1%	3.6%	17.7%	+15.9%	–

All 51 companies in Logistics Solution Provider →

Dividends & corporate actions

Ex-date	Action	Detail
2024-09-13	Other	Annual General Meeting
2023-08-03	Other	Annual General Meeting
2022-08-29	Other	Annual General Meeting
2021-09-07	Other	Annual General Meeting
2020-09-18	Other	Annual General Meeting
2019-09-19	Other	Annual General Meeting
2018-09-18	Other	Annual General Meeting
2017-08-14	Other	Annual General Meeting
2016-09-22	Other	Annual General Meeting
2015-12-03	Other	Annual General Meeting

Documents

Links go to the original files on the exchange website.

About the company


Sector	Services
Industry	Logistics Solution Provider
Sub-industry	Logistics Solution Provider
Symbol	NAVKARCORP
BSE code	539332
ISIN	INE278M01019
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.