New Risk • May 23
New major risk - Revenue and earnings growth Earnings have declined by 3.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.5% per year over the past 5 years. Market cap is less than US$10m (₹931.3m market cap, or US$9.73m). Minor Risks Dividend is not well covered by earnings (100% payout ratio). Revenue is less than US$5m (₹243m revenue, or US$2.5m). Reported Earnings • May 23
Full year 2026 earnings released: EPS: ₹0.03 (vs ₹0.005 in FY 2025) Full year 2026 results: EPS: ₹0.03 (up from ₹0.005 in FY 2025). Revenue: ₹243.2m (up 52% from FY 2025). Net income: ₹29.4m (up ₹26.2m from FY 2025). Profit margin: 12% (up from 2.0% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year and the company’s share price has also fallen by 14% per year. Announcement • May 18
Navkar Urbanstructure Limited to Report Q4, 2026 Results on May 22, 2026 Navkar Urbanstructure Limited announced that they will report Q4, 2026 results on May 22, 2026 New Risk • Mar 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹931.3m (US$9.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹931.3m market cap, or US$9.93m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (1.9% net profit margin). Revenue is less than US$5m (₹124m revenue, or US$1.3m). Announcement • Feb 05
Navkar Urbanstructure Limited to Report Q3, 2026 Results on Feb 12, 2026 Navkar Urbanstructure Limited announced that they will report Q3, 2026 results on Feb 12, 2026 New Risk • Nov 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (178% cash payout ratio). Share price has been volatile over the past 3 months (6.9% average weekly change). Revenue is less than US$5m (₹157m revenue, or US$1.8m). Market cap is less than US$100m (₹1.87b market cap, or US$21.0m). New Risk • Nov 21
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 178% Dividend yield: 0.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (178% cash payout ratio). Revenue is less than US$5m (₹157m revenue, or US$1.8m). Market cap is less than US$100m (₹2.06b market cap, or US$23.3m). Announcement • Oct 31
Navkar Urbanstructure Limited to Report Q2, 2026 Results on Nov 12, 2025 Navkar Urbanstructure Limited announced that they will report Q2, 2026 results on Nov 12, 2025 New Risk • Sep 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹583.5m (US$6.62m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹583.5m market cap, or US$6.62m). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Revenue is less than US$5m (₹138m revenue, or US$1.6m). Announcement • Sep 01
Navkar Urbanstructure Limited, Annual General Meeting, Sep 30, 2025 Navkar Urbanstructure Limited, Annual General Meeting, Sep 30, 2025, at 11:30 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2026 earnings released First quarter 2026 results: Net income: ₹2.71m (down 87% from 1Q 2025). New Risk • Jul 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (2.0% net profit margin). Revenue is less than US$5m (₹161m revenue, or US$1.9m). Market cap is less than US$100m (₹2.40b market cap, or US$28.0m). New Risk • Jun 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Profit margins are more than 30% lower than last year (2.0% net profit margin). Revenue is less than US$5m (₹161m revenue, or US$1.9m). Market cap is less than US$100m (₹2.33b market cap, or US$27.3m). Announcement • Jun 01
Navkar Urbanstructure Limited Recommends Final Dividend for the Financial Year 2024-25 The board of directors of Navkar Urbanstructure Limited meeting held on May 31, 2025, the board recommended a final dividend of INR 0.005 (0.5%) per equity share of INR 1 each fully paid (subject to deduction of tax, if any) for the financial year 2024-25. This shall be paid subject to the approval of the shareholders at the upcoming Annual General Meeting of the company. New Risk • May 30
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 5.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (1.8% net profit margin). Revenue is less than US$5m (₹173m revenue, or US$2.0m). Market cap is less than US$100m (₹2.90b market cap, or US$33.9m). Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹0.01 (vs ₹0.01 in FY 2024) Full year 2025 results: EPS: ₹0.01 (in line with FY 2024). Revenue: ₹172.7m (down 7.7% from FY 2024). Net income: ₹3.13m (down 69% from FY 2024). Profit margin: 1.8% (down from 5.4% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • May 16
Navkar Urbanstructure Limited to Report Q4, 2025 Results on May 28, 2025 Navkar Urbanstructure Limited announced that they will report Q4, 2025 results on May 28, 2025 Announcement • Apr 08
Navkar Urbanstructure Limited Appoints Punit Kumar Jawaharlal Bhavsar as Director Navkar Urbanstructure Limited at its AGM held on April 07, 2025, approved the Regularization of Appointment of Mr. Punit Kumar Jawaharlal Bhavsar as a Director of the Company. Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: ₹0.04 (vs ₹0.038 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.04 (up from ₹0.038 in 3Q 2024). Revenue: ₹87.4m (up 51% from 3Q 2024). Net income: ₹9.10m (up 7.2% from 3Q 2024). Profit margin: 10% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Announcement • Feb 03
Navkar Urbanstructure Limited to Report Q3, 2025 Results on Feb 12, 2025 Navkar Urbanstructure Limited announced that they will report Q3, 2025 results on Feb 12, 2025 New Risk • Dec 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.7% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Revenue is less than US$5m (₹99m revenue, or US$1.2m). Market cap is less than US$100m (₹2.68b market cap, or US$31.5m). Board Change • Nov 19
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Sonal Gandhi was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 09
Navkar Urbanstructure Limited to Report Q2, 2025 Results on Nov 14, 2024 Navkar Urbanstructure Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Upcoming Dividend • Sep 16
Upcoming dividend of ₹0.01 per share Eligible shareholders must have bought the stock before 23 September 2024. Payment date: 30 September 2024. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.0%). Lower than average of industry peers (0.5%). Announcement • Sep 11
Navkar Urbanstructure Limited, Annual General Meeting, Sep 30, 2024 Navkar Urbanstructure Limited, Annual General Meeting, Sep 30, 2024, at 13:00 Indian Standard Time. Location: 304, circle p, near prahlad nagar, s.g. highway, ahmedabad - 380051, ahmedabad India Announcement • Aug 21
Navkar Urbanstructure Limited Announces Company Secretary and Compliance Officer Changes Board of Directors of Navkar Urbanstructure Limited at their meeting held on August 20, 2024 has considered and approved the following: Resignation of Mr. Utkarsh Shukla (ACS: 49959) from the post of Company Secretary and Compliance Officer with effect from 20 August, 2024. Pursuant to recommendation received from the Nomination and Remuneration Committee of the Company, the Board has approved the appointment of Mr. Vijay Amulwani (ACS: 63557) as Company Secretary and Compliance Officer of the Company with effect from August 20, 2024. Mr. Vijay Amulwani is the member of Institute of company Secretaries of India. Further, he has an experience of compliance related work and worked as a company secretary in a private company. Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹0.09 (vs ₹0.02 in 1Q 2024) First quarter 2025 results: EPS: ₹0.09 (up from ₹0.02 in 1Q 2024). Revenue: ₹39.8m (down 39% from 1Q 2024). Net income: ₹20.5m (up 316% from 1Q 2024). Profit margin: 52% (up from 7.6% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • Aug 05
Navkar Urbanstructure Limited to Report Q1, 2025 Results on Aug 13, 2024 Navkar Urbanstructure Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Announcement • May 30
Navkar Urbanstructure Limited Proposes Final Dividend for the Financial Year 2023-24 Navkar Urbanstructure Limited announced that the Board of Directors of the Company at their meeting held on 28 May 2024 has recommended final dividend of INR 0.01/- (One Paisa only) i.e., 0.5% per equity share of INR 2 each face value for the Financial Year 2023-24 subject to the approval of shareholders in the ensuing Annual General Meeting. Reported Earnings • May 30
Full year 2024 earnings released: EPS: ₹0.05 (vs ₹0.06 in FY 2023) Full year 2024 results: EPS: ₹0.05 (down from ₹0.06 in FY 2023). Revenue: ₹199.3m (up 67% from FY 2023). Net income: ₹10.2m (down 21% from FY 2023). Profit margin: 5.1% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 69% per year, which means it is well ahead of earnings. Announcement • May 25
Navkar Urbanstructure Limited Announces Appointment of Himani Vora as Company Secretary and Compliance Officer Navkar Urbanstructure Limited at its meeting held on May 24, 2024 announced that is to inform that Board of Directors has approved the appointment of Ms. Himani Vora as Company Secretary, KMP and Compliance officer of the company, based on the recommendations of Nomination and Remuneration Committee. Date of Appointment is May 24, 2024. CS Himani Vora is Company Secretary having the good skill and work experience. Announcement • May 18
Navkar Urbanstructure Limited to Report Q4, 2024 Results on May 28, 2024 Navkar Urbanstructure Limited announced that they will report Q4, 2024 results on May 28, 2024 New Risk • May 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (₹238m revenue, or US$2.9m). Market cap is less than US$100m (₹3.06b market cap, or US$36.6m). Announcement • Apr 17
Navkar Urbanstructure Limited Appoints Utkarsh Shukla as Whole Time Company Secretary and Compliance Officer Navkar Urbanstructure Limited announced that Board of Directors has approved the appointment of Mr. Utkarsh Shukla as Whole time Company Secretary, KMP and Compliance officer of the company. Based on the recommendations of Nomination and Remuneration Committee meeting held on April 17, 2024, Mr. Utkarsh Shukla is a member of Institute of Company Secretaries of the company and having ACS No. 49959 and requisite qualification to hold position of the Whole time Company Secretary, KMP and Compliance officer of the company. Mr. Utkarsh Shukla is Company Secretary and having the worked experience as a semi qualified Company Secretary under a PCS firm. Date of appointment is April 17, 2024. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹5.21, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 33x in the Basic Materials industry in India. Total returns to shareholders of 157% over the past three years. Announcement • Feb 14
Amee Kankaria Resigns as Company Secretary & Compliance Officer of Navkar Urbanstructure Limited Navkar Urbanstructure Limited announced that Ms. Amee Kankaria (Membership No. A53120) has tendered her resignation from the post of Company Secretary & Compliance Officer of the Company with effect from 13 February,2024 due to her personal reasons. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹5.10, the stock trades at a trailing P/E ratio of 52.5x. Average trailing P/E is 38x in the Basic Materials industry in India. Total returns to shareholders of 82% over the past three years. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹4.20, the stock trades at a trailing P/E ratio of 54.5x. Average trailing P/E is 33x in the Basic Materials industry in India. Total returns to shareholders of 142% over the past three years. Announcement • Oct 28
Navkar Urbanstructure Limited to Report Q2, 2024 Results on Nov 04, 2023 Navkar Urbanstructure Limited announced that they will report Q2, 2024 results on Nov 04, 2023 Announcement • Aug 04
Navkar Urbanstructure Limited to Report Q1, 2024 Results on Aug 14, 2023 Navkar Urbanstructure Limited announced that they will report Q1, 2024 results at 3:30 PM, Indian Standard Time on Aug 14, 2023 Upcoming Dividend • Jul 28
Upcoming dividend of ₹0.02 per share at 0.3% yield Eligible shareholders must have bought the stock before 04 August 2023. Payment date: 10 September 2023. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.5%). Reported Earnings • Jul 22
Full year 2023 earnings released: EPS: ₹0.06 (vs ₹0.092 in FY 2022) Full year 2023 results: EPS: ₹0.06. Revenue: ₹119.1m (down 13% from FY 2022). Net income: ₹12.9m (up 40% from FY 2022). Profit margin: 11% (up from 6.7% in FY 2022). The increase in margin was driven by lower expenses. Announcement • Jul 08
Navkar Urbanstructure Limited, Annual General Meeting, Aug 11, 2023 Navkar Urbanstructure Limited, Annual General Meeting, Aug 11, 2023, at 11:00 Indian Standard Time. Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: ₹0.29 (vs ₹0.092 in FY 2022) Full year 2023 results: EPS: ₹0.29 (up from ₹0.092 in FY 2022). Revenue: ₹128.0m (down 6.1% from FY 2022). Net income: ₹12.9m (up 40% from FY 2022). Profit margin: 10.0% (up from 6.7% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth. Announcement • May 20
Navkar Urbanstructure Limited to Report Q4, 2023 Results on May 29, 2023 Navkar Urbanstructure Limited announced that they will report Q4, 2023 results on May 29, 2023 Reported Earnings • Feb 15
Third quarter 2023 earnings released Third quarter 2023 results: Net income: ₹155.0k (down 92% from 3Q 2022). Announcement • Feb 02
Navkar Urbanstructure Limited to Report Q3, 2023 Results on Feb 13, 2023 Navkar Urbanstructure Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Reported Earnings • Nov 19
Second quarter 2023 earnings released: EPS: ₹0.01 (vs ₹0.10 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.01 (down from ₹0.10 in 2Q 2022). Net income: ₹2.89m (down 71% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Announcement • Nov 04
Navkar Urbanstructure Limited to Report First Half, 2023 Results on Nov 14, 2022 Navkar Urbanstructure Limited announced that they will report first half, 2023 results on Nov 14, 2022 Announcement • Sep 30
Navkar Urbanstructure Limited Approves Final Dividend for the Financial Year 2021-22 Navkar Urbanstructure Limited announced that at its AGM held on 29 September, 2022, approved and declare final dividend of 01% (INR 0.02 per equity share of INR 2 each face value) for the financial year 2021-22. Upcoming Dividend • Sep 14
Upcoming dividend of ₹0.10 per share Eligible shareholders must have bought the stock before 21 September 2022. Payment date: 29 October 2022. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.8%). Reported Earnings • Sep 09
Full year 2022 earnings released: EPS: ₹0.46 (vs ₹0.051 in FY 2021) Full year 2022 results: EPS: ₹0.46 (up from ₹0.051 in FY 2021). Revenue: ₹148.5m (up 100% from FY 2021). Net income: ₹9.15m (up 79% from FY 2021). Profit margin: 6.2% (down from 6.9% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings. Announcement • Sep 07
Navkar Urbanstructure Limited Proposes Final Dividend for the Financial Year 2021-2022 Navkar Urbanstructure Limited proposed to approve and declare final dividend of 01% (INR 0.10 per equity share of INR 2 each face value) for the financial year 2021-22 at the to be held September 29, 2022. The Company has fixed 22nd September, 2022 as the Record Date for determining entitlement of members to receive final dividend for the financial year ended March 31, 2022, if approved at the AGM. The final dividend, once approved by the members in the AGM, will be paid to the eligible shareholders within the stipulated period of 30 days of declaration. Announcement • Sep 02
Navkar Urbanstructure Limited, Annual General Meeting, Sep 29, 2022 Navkar Urbanstructure Limited, Annual General Meeting, Sep 29, 2022. Announcement • Aug 02
Navkar Urbanstructure Limited Announces Appointment of Bhoomiben Patel Additional Independent Director Navkar Urbanstructure Limited announced appointment of Bhoomiben Patel (DIN:08316893) as Additional Independent Director. Announcement • Jul 24
Navkar Urbanstructure Limited to Report Q1, 2023 Results on Aug 08, 2022 Navkar Urbanstructure Limited announced that they will report Q1, 2023 results on Aug 08, 2022 Reported Earnings • Jun 05
Full year 2022 earnings released: EPS: ₹0.46 (vs ₹0.26 in FY 2021) Full year 2022 results: EPS: ₹0.46 (up from ₹0.26 in FY 2021). Revenue: ₹148.5m (up 100% from FY 2021). Net income: ₹9.15m (up 79% from FY 2021). Profit margin: 6.2% (down from 6.9% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Announcement • May 31
Navkar Urbanstructure Limited Recommends Final Dividend for the Year 2021-22 The board of directors of Navkar Urbanstructure Limited meeting held on May 30, 2022, recommended final dividend of 01% (INR 0.10 per equity share of INR 10 each face value) or the year 2021-22, subject to the approval of shareholders in the upcoming Annual General meeting. Announcement • May 19
Navkar Urbanstructure Limited to Report Q4, 2022 Results on May 30, 2022 Navkar Urbanstructure Limited announced that they will report Q4, 2022 results on May 30, 2022 Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improved over the past week After last week's 15% share price gain to ₹73.75, the stock trades at a trailing P/E ratio of 73.3x. Average trailing P/E is 15x in the Basic Materials industry in India. Total returns to shareholders of 337% over the past three years. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 15% share price gain to ₹63.30, the stock trades at a trailing P/E ratio of 62.9x. Average trailing P/E is 16x in the Basic Materials industry in India. Total returns to shareholders of 219% over the past three years. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improved over the past week After last week's 16% share price gain to ₹41.35, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 15x in the Basic Materials industry in India. Total returns to shareholders of 114% over the past three years. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.10 (up from ₹0.05 loss in 3Q 2021). Revenue: ₹55.3m (up 463% from 3Q 2021). Net income: ₹1.99m (up ₹3.03m from 3Q 2021). Profit margin: 3.6% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Announcement • Feb 04
Navkar Urbanstructure Limited to Report Q3, 2022 Results on Feb 14, 2022 Navkar Urbanstructure Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Board Change • Dec 31
High number of new directors Independent Non-Executive Director Sonal Gandhi was the last director to join the board, commencing their role in 2021. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹39.45, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 17x in the Basic Materials industry in India. Total returns to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₹46.20, the stock trades at a trailing P/E ratio of 45.3x. Average trailing P/E is 15x in the Basic Materials industry in India. Total returns to shareholders of 116% over the past three years. Reported Earnings • Nov 01
Second quarter 2022 earnings released: EPS ₹0.50 (vs ₹0.02 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹21.9m (up 149% from 2Q 2021). Net income: ₹9.91m (up ₹9.45m from 2Q 2021). Profit margin: 45% (up from 5.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Executive Departure • Aug 04
Independent Non-Executive Director Bhoomi Shah has left the company On the 26th of July, Bhoomi Shah's tenure as Independent Non-Executive Director ended after 2.0 years in the role. We don't have any record of a personal shareholding under Bhoomi's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.50 years, which is considered inexperienced in the Simply Wall St Risk Model. Announcement • Jul 23
Navkar Builders Limited announced that it expects to receive INR 760.25 million in funding from a group of investors Navkar Corporation Limited announced a private placement on a preferential allotment of upto 2,50,00,000 convertible equity warrants for gross proceeds of INR 76,25,00,000 on July 21, 2021. The warrants will be convertible into one common share at INR 10. The transaction included participation from Moonlight Multitrade LLP, Betal Traders LLP, Rukhmani Garments LLP, Pakhi muItitrade LLP, Akarshika Traders LLP, lntexCommosales LLP, Nacio MultiTraders LLP, lndranil Traders LLP, MishtiTraders LLP, GittanjaliCommosales LLP, Navkar Fiscal Services Private Limited and and individual investor Dakshesh Rameshchandra Shah. Reported Earnings • Jul 06
Full year 2021 earnings released: EPS ₹0.26 (vs ₹0.20 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹84.3m (down 82% from FY 2020). Net income: ₹5.10m (up 31% from FY 2020). Profit margin: 6.1% (up from 0.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 17
Third quarter 2021 earnings released: ₹0.05 loss per share (vs ₹0.04 profit in 3Q 2020) Third quarter 2021 results: Net loss: ₹1.04m (down 223% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Announcement • Feb 03
Navkar Builders Limited to Report Q3, 2021 Results on Feb 12, 2021 Navkar Builders Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Announcement • Jan 12
Navkar Builders Limited Announces Executive Changes Navkar Builders Limited, at the Meeting of the Board of Director held on January 12, 2021 accepted resignation of Mr. Raj Shah from the post of Company Secretary & Compliance Officer and Nodal officer of the company. The company appointed Amee Kankaria as Company Secretary & Compliance Officer of the company. Is New 90 Day High Low • Jan 08
New 90-day high: ₹11.62 The company is up 1.0% from its price of ₹11.50 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 23% over the same period. Announcement • Dec 23
Navkar Builders Limited, Annual General Meeting, Dec 28, 2020 Navkar Builders Limited, Annual General Meeting, Dec 28, 2020, at 12:00 Indian Standard Time. Location: 304, Circle P, Near Prahlad Nagar, S.G. Highway Vadali Gujarat India Agenda: To consider and adopt the audited financial statements of the company for the financial year ended 31 March, 2020 together with the Reports of the Board of Directors and the Auditors thereon; and to appoint a Director in place of Ms. Pinki Nirmal Sagar (DIN: 08113318) who retires by rotation and being eligible offers herself for reappointment. Is New 90 Day High Low • Dec 18
New 90-day low: ₹7.75 The company is down 24% from its price of ₹10.26 on 18 September 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 24% over the same period. Announcement • Dec 11
Navkar Builders Limited Announces Resignation of Harsh Ketan Rukhana as Executive Director Navkar Builders Limited informed that Mr. Harsh Ketan Rukhana Director of the company has submitted his resignation letter to the Board of directors for consideration from the post of Executive Director. Valuation Update With 7 Day Price Move • Oct 29
Market pulls back on stock over the past week After last week's 16% share price decline to ₹9.25, the stock is trading at a trailing P/E ratio of 70.2x, down from the previous P/E ratio of 83.5x. This compares to an average P/E of 19x in the Basic Materials industry in India. Total return to shareholders over the past three years is a loss of 58%. Announcement • Sep 08
Navkar Builders Limited to Report Q1, 2021 Results on Sep 14, 2020 Navkar Builders Limited announced that they will report Q1, 2021 results on Sep 14, 2020 Announcement • Jul 26
Navkar Builders Limited to Report Q4, 2020 Results on Jul 31, 2020 Navkar Builders Limited announced that they will report Q4, 2020 results on Jul 31, 2020 
