Company Overview

Navkar Urbanstructure Limited, formerly incorporated and registered as Navkar Builders Limited on June 02, 1992, was renamed to its present name effective September 28, 2021. The company was originally incorporated in the State of Gujarat with main objectives to carry on construction business and is based in Ahmedabad, India. Incorporated in 1992, Navkar Urbanstructure Ltd is a Shah family enterprise that has evolved into a specialized infrastructure development company.

Navkar Urbanstructure Limited is an India-based company engaged in the business of construction and development of infrastructure projects, including the provision of ready-mix concrete and reinforced cement concrete (RCC) pipes. The Company operates only in one sector, which is Infrastructure Project Activity. The company has over 27 years of rich multidisciplinary experience in designing and executing challenging projects such as Sewage Treatment Plants and Pumping stations, Sewage and Drinking water transmission pipelines of various diameters.

Business Operations

Navkar Urbanstructure is a realty development company presently engaged in the Business of Infrastructure Activity including supplying Ready Mix Concrete and RCC Pipes. The Company manufactures and supplies ready mix concrete for construction in India, offering ready mix concrete for construction projects such as dams, canals, housing/commercial projects and industrial structures, as well as small and medium projects.

The company specializes in designing and executing sewage treatment plants, pumping stations, water transmission pipelines, industrial and commercial projects, and luxury residential bungalows. The company provides expertise in structural design, project management, procurement, and construction, including electrical, mechanical, and instrumentation work for sewage treatment projects. The Company is also expanding its commercial activities by actively participating in various government tenders.

Market Position and Financial Metrics

- Market Capitalization: ₹384 Cr (as of 21-May-2025)

- Exchange Listings: NSE (NAVKARURB), BSE (531494)

- Company Classification: Small Cap (Value Research)

- 52-Week High: ₹4.28

- 52-Week Low: ₹2.62

- Latest PE Ratio: 161.00 (as of May 12, 2025)

- Latest PB Ratio: 0.34 (as of May 12, 2025)

- Recent Stock Performance:

- Last 1 Month: +21.15% (BSE)

- Last 3 Months: -5.59% (BSE)

- Last 12 Months: +12.67% (BSE)

Financial Performance Highlights

- TTM Profit After Tax: ₹2 Cr

- TTM Revenue: ₹12.7 Cr

- Debt Status: Almost debt-free

- Return on Equity (3 Years): 0.76% (Low)

Quarterly Performance:

- Q3 FY25 (ended Dec 2024):

- Net Profit: ₹0.91 Cr (+7.06% YoY)

- Sales: ₹8.61 Cr (+48.19% YoY)

- Q1 FY25 (ended June 2024):

- Net Profit: ₹2.05 Cr (+318.37% YoY)

- Sales: ₹3.97 Cr (-38.92% YoY)

- Q2 FY25 (ended Sep 2024):

- Net Profit: ₹0.18 Cr (-75.68% YoY)

- Sales: ₹0 Cr (No sales reported)

Shareholding Structure

- Promoter Holding: 35.00% (Stable as of Apr 2025)

- Key Promoters: NAVKAR FISCAL SERVICES PVT LTD and DAKSHESH RAMESHCHANDRA SHAH

- Chairman: Harsh Shah

- Promoter Pledging: None

Recent Corporate Actions

- Stock Split: Face value split from ₹2 to ₹1 on May 09, 2025.

- Bonus Issue: 3:2 ratio (3 new equity shares for every 2 existing shares) with record date April 24, 2025.

- Board Meeting Scheduled: May 28, 2025, to approve audited financial results for Q4 FY25 and the financial year ended March 31, 2025.

- Regulatory Communications: Received caution letter from NSE regarding fractional shares under bonus issue; confirmed record date for stock split as May 09, 2025.