NSE: NAVKARCORP | BSE: 539332

Expensive Underperformer

Download real time

95.52 10.66 (12.56%)

45.86% Fall from 52W High

2.2M NSE+BSE Volume

NSE 15 Apr, 2025 3:31 PM (IST)

1,437.8

Market Cap

Below industry Median

1.3

Beta 1Year

Very High Volatility

Navkar Corporation Ltd. share price target and research reports

Name: Latest research reports of Navkar Corporation Ltd. authored by SPA Research and published by - Trendlyne research reports.
Item: Navkar Corporation Ltd.
Rating: 5
Author: SPA Research

Latest analyst research reports with target prices and PDF download for NAVKARCORP, BSE:539332 Navkar Corporation Ltd.

Search Inside the pdf :

Navkar Corporation Ltd.

26 Feb 2018

95.52

12.56%

Navkar Corp

Buy: Navkar Corporation Ltd.

SPA Research

Navkar Corporation Ltd. (Navkar) continued to deliver a decent performance in 3QFY18. Panvel revenue improved ~0.8% YoY while consolidated revenue increased 16.2%. Vapi volumes grew ~20.9% QoQ to 10,571 TEUs led by volumes handled at Hazira due to partial shift in marble volumes from JNPT. Realisation at Panvel were flat while the same in Vapi grew 11% YoY to INR 19,013/TEU. Consolidated EBITDA increased by 13.9% YoY to INR 376 mn. Direct-To-Port Delivery (DPD) led impact was stable QoQ, we expect limited impact from DPD going ahead. Management expects final clearance for Vapi's rail siding shortly. Ramp-up at Vapi facility is expected to start meaningfully contributing to NCL's overall sales in subsequent quarters. Hence, we maintain our BUY recommendation with a TP of INR 310, 25x FY19E EPS of INR 12.4 on expected...

Navkar Corporation Ltd. has lost -28.56% in the last 6 Months

Navkar Corporation Ltd.

24 Jan 2018

95.52

12.56%

Result Updates

Buy: Navkar Corporation Ltd.

Angel Broking

Navkar Corporation (Navkar) reported a good set of numbers for 3QFY2018. The consolidated top-line grew by ~16% yoy. On the operating front, the company reported a margin contraction on account of sharp increase in operating expenses. However, the net profit grew by ~21% yoy due to higher sales and lower interest cost. Outlook and Valuati..

Navkar Corporation Ltd. is trading below all available SMAs

Navkar Corporation Ltd.

20 Nov 2017

95.52

12.56%

Result Update:Navkar Corporat.

Buy: Navkar Corporation Ltd.

Target

Axis Direct

Panvel volumes improved ~4% QoQ (up ~3% Yo) led by 12% YoY rise in exports though imports declined ~4% YoY. Direct-To-Port Delivery (DPD) led impact was stable QoQ, as CFSs share of overall DPD volumes has been rising steadily (>60% now vs. 39% in Q4FY17).

Navkar Corporation Ltd. has lost -32.41% in the last 3 Months

Navkar Corporation Ltd.

31 Jul 2017

95.52

12.56%

Result Update - NAVKAR CORPORATION

Buy: Navkar Corporation Ltd.

Target

Axis Direct

Panvel volumes were flat QoQ (down 2% YoY) given intermittent slowdown due to Direct-To-Port Delivery (DPD) volumes. Management highlighted CFS share of overall DPD volumes has increased to 61% vs. 39% in February, which will reduce overall volume-led pressure going ahead. EBITDA margin improved ~6..

Navkar Corporation Ltd. is trading below all available SMAs

Navkar Corporation Ltd.

25 Jul 2017

95.52

12.56%

Navkar Corporation - 1QFY18 Result Update

Buy: Navkar Corporation Ltd.

Reliance Securities

Navkar Corporation (NCL) has delivered a decent performance in 1QFY18. Surpassing volume growth, its consolidated revenue grew by 9.6% YoY (flat on QoQ basis) to Rs988mn. Volume grew by 4.7% YoY (4.4% QoQ) to 86,073 TEUs, while realisation grew by 4.6%YoY (-4.5% QoQ) to Rs11,482/TEU. Realisation growth was aided by higher contribution from Vapi ICD and improved revenue-mix and lower share of empty cargoes, which stood at 4,524 in 1QFY18 compared to 5,300 in 1QFY17. EBITDA increased by 10% YoY and 11.6% QoQ to Rs390mn partly due to certain one-off expenses relating to: (1) loss on sale of asset; (2) employee bonus accounting post IND-AS; (3) higher operating and employee cost relating to Greenfield project at Vapi in...

Navkar Corporation Ltd. is trading below all available SMAs

Navkar Corporation Ltd.

31 May 2017

95.52

12.56%

Navkar Corporation - 4QFY17 Result Update

Buy: Navkar Corporation Ltd.

Target

Reliance Securities

Navkar Corporation (NCL) has delivered a dull performance in 4QFY17. Revenue growth surpassed volume growth, and grew by 8.4% YoY and 8.2% QoQ to Rs991mn. Volume grew by 1.5% YoY (flat QoQ) to 82,406 TEUs, while realization grew by 10% QoQ and 6.8% YoY to Rs12,022/TEU. Realization growth was aided by improved revenue-mix and lower share of empty cargoes, which stood at 2,574 in 4QFY17compared to 4,247 in 3QFY17. However, NCL's EBITDA declined by 7.5% YoY and 1.7% QoQ to Rs349mn partly due to certain one-off expenses relating to: (1) loss on sale of asset; (2) employee bonus accounting post IND-AS; (3) higher operating and employee cost relating to Greenfield project at Vapi, which is in completion...

Navkar Corporation Ltd. is trading below all available SMAs

Navkar Corporation Ltd.

15 Feb 2017, 12:00AM

95.52

12.56%

Result Update:Navkar Corporat.

Buy: Navkar Corporation Ltd.

Target

Axis Direct

Q3FY17 performance was in line, as Panvel volumes were flattish YoY / QoQ this was largely led by 9% YoY rise in import volumes, while export volumes declined 11% YoY given delay in agri and related exports. However, Panvel's adj. EBITDA margin (Rs/teu; ex-forex) grew 6% QoQ to Rs 4,285, prima..

Navkar Corporation Ltd. has lost -32.41% in the last 3 Months

Navkar Corporation Ltd.

13 Feb 2017

95.52

12.56%

Result Updates

Buy: Navkar Corporation Ltd.

Angel Broking

Navkar Corporation (NCL) reported subdued set of numbers for 3QFY2017. The consolidated top-line grew by ~4% yoy on the back of lower exports, which was impacted on account of demonetization. Moreover, on the operating front, the company reported a margin contraction on account of higher operational costs. The net profit de-grew by ~27% y..

Navkar Corporation Ltd. has lost -32.41% in the last 3 Months

Navkar Corporation Ltd.

10 Feb 2017

95.52

12.56%

Navkar Corporation - 3QFY17 Result Update

Buy: Navkar Corporation Ltd.

Reliance Securities

Stable Performance; Strong Volume Growth on the Cards Navkar Corporation (NCL) has reported decent performance in 3QFY17, with its consolidated revenue growing by 4% YoY and 2% QoQ to Rs916mn. Notably, revenue growth surpassed volume growth, which grew by 2% YoY (flat 1% QoQ) to 82,472 TEUs. Further, realization rose by 2.5% QoQ and YoY to Rs10,933/TEU, aided by improved revenue-mix and lower share of empty cargoes (at 4,247 containers in 3QFY17 vs. 4,400 containers in 2QFY17). EBITDA adjusted for forex loss declined by 2% YoY (up +6% QoQ). While higher operating and employee expenses largely...

Navkar Corporation Ltd. is trading below all available SMAs

Navkar Corporation Ltd.

09 Feb 2017

95.52

12.56%

Navkar Corporation (3QFY17): In line performance. Maintain NEUTRAL

Neutral: Navkar Corporation Ltd.

Target

HDFC Securities

Navkar Corporations (NACO) 3QFY17 revenue / EBITDA/APAT came in 0.1/2.4/ (4.6) % ahead of estimates, respectively. 3QFY17 EBIDTA/TEU for JNPT assets declined ~6.5%YoY despite higher import TEU?s (610bps expansion of share of imports in mix YoY). Ramp up of volumes at Vapi is lower than expectations, with NACO handling 2,129 TEUs vs. 1225 TEUs in 2QFY17.

Navkar Corporation Ltd. has lost -32.41% in the last 3 Months

Is Navkar Corporation Ltd. worth buying?

287 Votes:

Buy 79.44%

Sell 11.5%

Hold 9.06%