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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 40.75 % in the past year, substantial increase in net sales/revenue by 13.17 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 109.54 %. Marginal increase in other income during this quarter, up by 146.31%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Navkar Corporation Limited. Profit dropped by -209.01 % Year to Year, Navkar Corporation Limited’s profitability dropped by -82.42 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -207.14 % Year to Year. EPS decreased by -82.76 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 94.579 Cr | Rs. 117.628 Cr | Rs. 133.12 Cr | + 13.17 % | + 40.75 % |
| Expenses | Rs. 80.25 Cr | Rs. 115.57 Cr | Rs. 118.39 Cr | + 2.44 % | + 47.53 % |
| Operating Profit | Rs. 14.33 Cr | Rs. 2.06 Cr | Rs. 14.73 Cr | + 615.05 % | + 2.79 % |
| OPM % | 15.15 % | 1.75 % | 11.07 % | + 9.32 % | -4.08 % |
| Other Income | Rs. 0.797 Cr | Rs. -3.606 Cr | Rs. 1.67 Cr | + 146.31 % | + 109.54 % |
| Interest | Rs. 1.99 Cr | Rs. 5.41 Cr | Rs. 5.82 Cr | + 7.58 % | + 192.46 % |
| Depreciation | Rs. 9.62 Cr | Rs. 12.72 Cr | Rs. 12.54 Cr | -1.42 % | + 30.35 % |
| Profit before tax | Rs. 3.52 Cr | Rs. -19.68 Cr | Rs. -1.96 Cr | + 90.04 % | -155.68 % |
| Tax % | 40.02 % | -33.58 % | -17.59 % | + 15.99 % | -57.61 % |
| Net Profit | Rs. 2.11 Cr | Rs. -13.07 Cr | Rs. -2.3 Cr | + 82.4 % | -209 % |
| EPS in Rs | Rs. 0.14 | Rs. -0.87 | Rs. -0.15 | + 82.76 % | -207.14 % |
Today, we’re looking at Navkar Corporation Limited’s financial performance for the Q2(Sep 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 40.75 %. However, it did see a marginal increase of 13.17 % from the previous quarter. Expenses ticked up slightly by 2.44 % quarter-on-quarter, aligning with the annual rise of 47.53 %. Operating profit, while up 2.79 % compared to last year, faced a quarter-on-quarter increase of 615.05 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.08 %, but an expansion of 9.32 % sequentially. Other income rose by 146.31 % compared to the last quarter, despite an annual growth of 109.54 %. Interest expenses surged remarkably by 7.58 % from the previous quarter, yet the year-over-year increase remains at a moderate 192.46 %. Depreciation costs fell by -1.42 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 30.35 %. Profit before tax declined annually by -155.68 % but saw an increase from the preceding quarter by 90.04 %.
Tax expenses as a percentage of profits decreased slightly by -57.61 % compared to last year, with a more notable quarter-on-quarter increase of 15.99 %. Net profit fell by -209 % year-on-year but experienced a 82.4 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -207.14 % but a quarterly rise of 82.76 %. In summary, Navkar Corporation Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 94.579 Cr | Rs. 117.628 Cr | Rs. 133.12 Cr | + 13.17 % | + 40.75 % |
| Expenses | Rs. 80.25 Cr | Rs. 115.57 Cr | Rs. 118.39 Cr | + 2.44 % | + 47.53 % |
| Operating Profit | Rs. 14.33 Cr | Rs. 2.06 Cr | Rs. 14.73 Cr | + 615.05 % | + 2.79 % |
| Net Profit | Rs. 2.11 Cr | Rs. -13.07 Cr | Rs. -2.3 Cr | + 82.4 % | -209 % |
| EPS in Rs | Rs. 0.14 | Rs. -0.87 | Rs. -0.15 | + 82.76 % | -207.14 % |
In reviewing Navkar Corporation Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 40.75 % year-on-year growth, however, there was a minor increase of 13.17 % from the previous quarter. Expenses rose by 47.53 % compared to the previous year, with a 2.44 % increase quarter-on-quarter. Operating Profit surged by 2.79 % annually, and saw a 615.05 % increase from the last quarter.
Net Profit showed yearly decrease of -209 %, and experienced a 82.4 % increase from the previous quarter. Earnings Per Share (EPS) fell by -207.14 % annually, however rose by 82.76 % compared to the last quarter. In essence, while Navkar Corporation Limited faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
0
3-Year Profit
0
5-Year Profit
0
10-Year Profit
132
Current Price
1,983
Market Cap
The financial outlook for the company under BSE code 539332 reveals a significant five-year profit of 0 percents. This marks a notable increase to 0 percents over the last three years, indicating a strong upward trend in the company's financial health during this period. However, it's important to note that recent challenges have impacted the company's performance, leading to a trailing twelve-month loss of -124 percents. This sharp decline in profitability is particularly concerning, as the company has also reported no sales across any analyzed timeframe, suggesting a highly unconventional and perhaps risky operational approach. The company's stock prices mirror this financial volatility, with the stock trading at 32 percents over the past five years but experiencing a dramatic drop to 130 percents within the last year. Over a decade, the stock price was at 0 percents, reflecting long-term concerns regarding the company's stability and future outlook. Such performance poses questions about the sustainability of the business and whether it can rebound from these recent setbacks.
The company has a market capitalization of ₹1,983 crore and is currently trading at ₹132 per share. Historically, the stock has fluctuated within a range of ₹164 / 58.6, reflecting both the opportunities and risks that investors perceive in the company. The P/E ratio, at 22.0, is relatively high, suggesting that the market has priced in substantial future growth or is willing to pay a premium for the company’s current earnings. The book value per share stands at ₹99.3, which reflects the net asset value of the company divided by the number of outstanding shares. The dividend yield is 0.00%, providing shareholders with a consistent return on their investment. ROCE is 6.93%, indicating how well the company is using its capital to generate profits, while ROE at 6.18% highlights the returns generated from shareholders' equity. The debt-to-equity ratio is 0.28, signaling low financial leverage, which is typically seen as a positive indicator of financial health. However, the company’s negative net cash flow of ₹33.5 crore might raise concerns about its cash generation capabilities or capital expenditures. With a Piotroski score of 6.00, the company's financial stability is evaluated on several factors. Finally, the Graham Number, at ₹118, provides an estimate of the stock’s intrinsic value, while the Price-to-Book (P/B) ratio of 1.32 highlights that the stock is trading at a premium to its book value, potentially reflecting positive market sentiment or overvaluation risks.
