Navkar Corporation Limited (NAVKARCORP.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-1446.7%

-₹1,032.82

vs ₹76.69 price

Levered DCF

-₹789.24

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

2.15

Grey zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	37.32×	-33.61×	-877.73×	8.62×	7.13×	29.39×	5.93×	11.34×
P/B	0.57×	0.79×	0.74×	0.4×	0.25×	0.26×	0.15×	0.34×
P/S	1.64×	3.88×	3.38×	1.8×	1.06×	0.7×	0.48×	1.25×
EV / EBITDA	10.58×	1,444.91×	26.63×	5.91×	9.69×	7.66×	4.78×	7.17×
Gross margin	13.1%	-11.7%	11.4%	24.4%	22.1%	21.6%	33.8%	35.3%
Operating margin	8.9%	-11.7%	22.9%	13.6%	13.7%	14.6%	22.6%	25.4%
Net margin	4.4%	-11.5%	-0.4%	20.9%	14.8%	2.4%	8.0%	11.0%
Current ratio	1.6×	1.62×	2.18×	5.8×	0.92×	0.94×	0.77×	0.87×
Debt / equity	0.09×	0.09×	0.11×	0.02×	0.37×	0.35×	0.3×	0.28×
Interest coverage	3.87×	-2.23×	8.72×	3.16×	3.11×	1.62×	2.67×	2.69×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	1.5%	-2.3%	-0.1%	4.7%	3.6%	0.9%	2.5%	3.0%
Return on invested capital	1.8%	-1.5%	2.1%	3.0%	2.0%	1.9%	3.2%	4.1%
Return on assets	1.4%	-2.1%	-0.1%	4.5%	2.6%	0.6%	1.9%	2.3%
Free cash flow yield	0.7%	3.8%	-16.7%	-25.5%	-6.9%	-2.2%	-4.2%	-9.7%
Earnings yield	2.7%	-3.0%	-0.1%	11.6%	14.0%	3.4%	16.9%	8.8%
Enterprise value	₹12.8B	₹16.9B	₹16.7B	₹7.5B	₹11.7B	₹11B	₹8B	₹10.8B
Net debt / EBITDA	1.3×	140.95×	3.42×	-0.37×	5.71×	4.38×	3.17×	3.19×
Cash conversion cycle (days)	70	82	56	-2	132	69	32	74