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Last Updated on: 14 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Navkar Corporation Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 10, 2024, 6:09 pm

Market Cap 2,043 Cr.
Current Price 136
High / Low164/57.1
Stock P/E
Book Value 130
Dividend Yield0.00 %
ROCE1.51 %
ROE0.17 %
Face Value 10.0
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Navkar Corporation Ltd

Competitors of Navkar Corporation Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Flomic Global Logistics Ltd 123 Cr. 67.588.0/61.0183 23.90.00 %8.64 %5.18 % 10.0
DJ Mediaprint & Logistics Ltd 380 Cr. 117142/42.754.5 11.00.06 %19.0 %16.2 % 10.0
Delhivery Ltd 24,486 Cr. 330488/328 1240.00 %1.73 %2.94 % 1.00
Chartered Logistics Ltd 96.8 Cr. 9.7412.6/4.7137.5 5.270.00 %4.43 %0.36 % 1.00
Cargotrans Maritime Ltd 34.1 Cr. 83.699.0/50.818.8 34.00.00 %18.7 %14.0 % 10.0
Industry Average5,307.67 Cr238.1793.2766.960.34%9.98%15.26%6.88

All Competitor Stocks of Navkar Corporation Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales1902142191182181001291099910410695117
Expenses14417317095168781018087869080105
Operating Profit47414923492228291218161412
OPM %24%19%22%19%23%22%22%26%13%17%15%15%11%
Other Income0125114121322-001-3
Interest15151561525564125
Depreciation13121461410667791011
Profit before tax181522152124293122764-7
Tax %23%46%41%25%41%-24%18%24%-96%50%41%40%-107%
Net Profit14813121330242342342-15
EPS in Rs0.920.530.870.770.831.991.581.532.810.220.250.14-0.98

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales268333349329347371428483567672453442403
Expenses178232225208213232262330400528363354343
Operating Profit90102124121134139167153167144908860
OPM %34%31%36%37%39%38%39%32%29%21%20%20%15%
Other Income152123211310-1324623
Interest30323326343118454860201913
Depreciation8101315192023404250282733
Profit before tax5364998111399128697733748838
Tax %11%11%9%14%16%10%21%23%41%51%9%-5%
Net Profit475790709589101534516679252
EPS in Rs34.9538.3649.236.356.656.236.703.513.011.064.476.143.42
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)21.28%57.89%-22.22%35.71%-6.32%13.48%-47.52%-15.09%-64.44%318.75%37.31%
Change in YoY Net Profit Growth (%)0.00%36.62%-80.12%57.94%-42.03%19.80%-61.01%32.43%-49.35%383.19%-281.44%

Navkar Corporation Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:2%
5 Years:-2%
3 Years:-14%
TTM:20%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-124%
Stock Price CAGR
10 Years:%
5 Years:30%
3 Years:46%
1 Year:107%
Return on Equity
10 Years:4%
5 Years:2%
3 Years:2%
Last Year:0%

Last Updated: Unknown

Balance Sheet

Last Updated: October 15, 2024, 3:14 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital1518110143143151151151151151151151151
Reserves2924133959941,3181,5511,6041,6491,6651,7321,8261,8241,808
Borrowings44643951136750539549654763470944220212
Other Liabilities4447561061334843814442453435
Total Liabilities7979171,0721,6092,1002,1442,2932,4272,4932,6342,0652,2282,205
Fixed Assets6206567908591,2391,9211,9582,1602,2262,2651,6531,9461,934
CWIP044011452613122464298542312
Investments2020560000000000
Other Assets156198278575334211214222225270359259259
Total Assets7979171,0721,6092,1002,1442,2932,4272,4932,6342,0652,2282,205

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +7382671621087312816511412512662
Cash from Investing Activity +-109-93-101-509-47-108-181-170-117-152648-302
Cash from Financing Activity +381033350-286491823-685154
Net Cash Flow1-1-0334-29-3-45-488-86

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow90.00-344.00-315.00-390.00-233.00-366.00-228.00-343.00-380.00-490.00-619.0044.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days698086504444535258732564
Inventory Days00
Days Payable
Cash Conversion Cycle698086504444535258732564
Working Capital Days91379-85-1321991011874163
ROCE %14%16%12%12%8%7%5%5%4%3%3%2%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters69.03%69.03%69.03%69.03%69.02%69.25%70.44%70.44%70.44%70.44%70.44%70.44%
FIIs0.35%0.40%0.27%0.46%0.64%0.82%0.48%0.52%0.15%0.79%0.28%0.24%
DIIs6.25%6.24%5.26%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public24.38%24.33%25.44%30.51%30.34%29.92%29.08%29.03%29.41%28.76%29.26%29.32%
No. of Shareholders58,55455,31453,86255,11362,11962,65961,43260,22459,44253,40857,95655,007

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 17Mar 16Mar 15Mar 14
FaceValue10.0010.0010.0010.00
Basic EPS (Rs.)6.006.656.2410.18
Diluted EPS (Rs.)6.006.656.2410.18
Cash EPS (Rs.)7.417.357.6356.64
Book Value[Excl.RevalReserv]/Share (Rs.)101.6095.6267.70238.55
Book Value[Incl.RevalReserv]/Share (Rs.)101.6095.6267.70238.55
Revenue From Operations / Share (Rs.)26.0124.3529.97191.07
PBDIT / Share (Rs.)10.5611.0011.0979.41
PBIT / Share (Rs.)9.159.649.7172.29
PBT / Share (Rs.)6.967.237.3054.22
Net Profit / Share (Rs.)6.006.006.2449.52
NP After MI And SOA / Share (Rs.)6.006.006.2449.52
PBDIT Margin (%)40.5945.1737.0141.55
PBIT Margin (%)35.1839.6032.3837.83
PBT Margin (%)26.7429.7024.3628.37
Net Profit Margin (%)23.0724.6220.8125.91
NP After MI And SOA Margin (%)23.0724.6220.8125.91
Return on Networth / Equity (%)5.906.279.2220.75
Return on Capital Employeed (%)7.117.778.7916.39
Return On Assets (%)4.094.285.039.87
Long Term Debt / Equity (X)0.220.250.580.78
Total Debt / Equity (X)0.250.280.610.84
Asset Turnover Ratio (%)0.180.230.330.00
Current Ratio (X)0.831.650.891.10
Quick Ratio (X)0.811.640.871.10
Interest Coverage Ratio (X)4.814.564.614.39
Interest Coverage Ratio (Post Tax) (X)3.743.493.603.74
Enterprise Value (Cr.)2762.152679.390.000.00
EV / Net Operating Revenue (X)7.457.720.000.00
EV / EBITDA (X)18.3417.080.000.00
MarketCap / Net Operating Revenue (X)6.787.410.000.00
Price / BV (X)1.741.890.000.00
Price / Net Operating Revenue (X)6.787.410.000.00
EarningsYield0.030.030.000.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Navkar Corporation Ltd as of November 14, 2024 is: 3.38

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 14, 2024, Navkar Corporation Ltd is Overvalued by 97.51% compared to the current share price 136.00

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Navkar Corporation Ltd as of November 14, 2024 is: 3.47

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 14, 2024, Navkar Corporation Ltd is Overvalued by 97.45% compared to the current share price 136.00

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: 2.59%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of 17.83, which is a positive sign.
  2. The company has higher reserves (1,313.15 cr) compared to borrowings (425.00 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (418.85 cr) and profit (78.15 cr) over the years.
  1. The stock has a low average ROCE of 7.58%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 58.17, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Navkar Corporation Ltd:
    1. Net Profit Margin: 23.07%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 7.11% (Industry Average ROCE: 9.98%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 5.9% (Industry Average ROE: 15.26%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 3.74
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.81
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 0 (Industry average Stock P/E: 93.27)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.25
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Navkar Corporation Ltd. is a Public Limited Listed company incorporated on 14/12/2011 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L63000MH2008PLC187146 and registration number is 187146. Currently Company is involved in the business activities of Warehousing and storage. Company’s Total Operating Revenue is Rs. 856.42 Cr. and Equity Capital is Rs. 150.52 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Logistics - Warehousing/Supply Chain/Others205-206, 2nd Floor, New Mumbai Maharashtra 400703cs@navkarcfs.com
http://www.navkarcfs.com
Management
NamePosition Held
Mr. Shantilal Jayavantraj MehtaChairman & Managing Director
Mr. Nemichand Jayavantraj MehtaWhole Time Director
Mr. Dinesh M JainWhole Time Director
Mr. Jayesh Nemichand MehtaWhole Time Director
Ms. Pooja Hemant GoyalInd. Non-Executive Director
Mr. Ashok Kumar ThakurInd. Non-Executive Director
Mr. Atul KumarInd. Non-Executive Director
Mr. Sandeep Kumar SinghInd. Non-Executive Director

FAQ

What is the latest intrinsic value of Navkar Corporation Ltd?

The latest intrinsic value of Navkar Corporation Ltd as on 14 November 2024 is ₹3.38, which is 97.51% lower than the current market price of ₹136.00.

What is the Market Cap of Navkar Corporation Ltd?

The Market Cap of Navkar Corporation Ltd is 2,043 Cr..

What is the current Stock Price of Navkar Corporation Ltd as on 14 November 2024?

The current stock price of Navkar Corporation Ltd as on 14 November 2024 is ₹136.

What is the High / Low of Navkar Corporation Ltd stocks in FY 2024?

In FY 2024, the High / Low of Navkar Corporation Ltd stocks is 164/57.1.

What is the Stock P/E of Navkar Corporation Ltd?

The Stock P/E of Navkar Corporation Ltd is .

What is the Book Value of Navkar Corporation Ltd?

The Book Value of Navkar Corporation Ltd is 130.

What is the Dividend Yield of Navkar Corporation Ltd?

The Dividend Yield of Navkar Corporation Ltd is 0.00 %.

What is the ROCE of Navkar Corporation Ltd?

The ROCE of Navkar Corporation Ltd is 1.51 %.

What is the ROE of Navkar Corporation Ltd?

The ROE of Navkar Corporation Ltd is 0.17 %.

What is the Face Value of Navkar Corporation Ltd?

The Face Value of Navkar Corporation Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Navkar Corporation Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE