Navkar Urbanstructure Limited (NAVKARURB)
₹0.85 +0.00% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Navkar Urbanstructure's revenue was ₹0.5 Cr (-70.5% year on year, -96.5% on the previous quarter), and net profit ₹0.3 Cr (+7.1% year on year); the operating margin was 1.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.5 | -70.5% | -96.5% |
| Operating profit | ₹0.0 | -98.2% | -99.4% |
| Net profit | ₹0.3 | +7.1% | from loss |
| EPS (₹) | 0.00 | +50.0% | — |
| Operating margin | 1.2% | — | — |
NAVKARURB delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 83.46% of the NAVKARURB shares traded on NSE were taken to delivery, against the stock's own 20-session average of 80.39%. That is close to its usual level. Turnover was only ₹2 lakh, so a handful of trades can move this figure. Volume was 0.3 times its average, well below normal. It closed at a price band (circuit) on 4 sessions in about the last 20.
Delivery in the last 5 sessions: 86.8% · 76.9% · 93.5% · 86.5% · 83.5%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Navkar Urbanstructure announced the voting results for the special resolution regarding the disposal of its Pipe Unit (UNIT-1) via slump sale as a going concern. The resolution was passed with 99.99% of total valid votes in favour (11,56,06,505 shares) across 30 shareholders, while only 40 votes were cast against. Voting was conducted during a remedial remote e-voting window between October 7 and October 9, 2026, following technical setup delays during the original AGM schedule. The financial transaction value and buyer details for the slump sale were not disclosed in this filing.
- Special resolution to dispose of Pipe Unit (UNIT-1) via slump sale passed with 99.99% majority
- 11,56,06,505 shares voted in favour versus 40 shares against
- A total of 30 members voted in favour during the remedial remote e-voting window
- Remedial voting window was held from October 7, 2026 to October 9, 2026
- Promoter group cast 10,90,31,250 votes (100% in favour) representing a 27.76% turnout of outstanding promoter shares
Navkar Urbanstructure Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The confirmation was issued by its Registrar and Share Transfer Agent, MCS Share Transfer Agent Limited, dated October 5, 2026. The RTA confirmed that securities received for dematerialisation were processed, rejected/accepted, and certificates mutilated within the mandated 15-day timeline. This filing represents a routine administrative disclosure with zero financial or operational impact.
- Compliance certificate filed under Regulation 74(5) for the quarter ended September 30, 2026
- Certificate issued by Registrar MCS Share Transfer Agent Limited on October 5, 2026
- Security certificates verified, mutilated, and cancelled within the prescribed 15 days
- Submitted to BSE and NSE on October 10, 2026
Navkar Urbanstructure has announced a remedial remote e-voting window from October 7 to October 9, 2026, for Item No. 5 regarding the slump sale of UNIT-1 (Pipe Division) to M/s J and M Enterprises. The item could not be voted on during the original 34th AGM process on September 30, 2026, due to technical setup issues between NSDL and the RTA. The eligibility cut-off date remains September 23, 2026. The transaction value and specific financial terms for the slump sale were not disclosed in this filing.
- Fresh remote e-voting window opens October 7, 2026 (09:00 AM IST) and ends October 9, 2026 (05:00 PM IST)
- Voting covers Special Resolution No. 5 under Section 180(1)(a) for slump sale of UNIT-1 (Pipe Division)
- Purchaser identified as M/s J and M Enterprises; financial deal value is not disclosed
- Eligibility cut-off date maintained as September 23, 2026
Navkar Urbanstructure Limited's Board has decided to seek shareholder approval via an Addendum to the 34th Annual General Meeting (AGM) notice for a Business Transfer Agreement (Slump Sale). The slump sale is being executed with M/s J and M Enterprises, an unrelated third-party partnership firm, pursuant to Section 180(1)(a) of the Companies Act, 2013. The transaction was initially approved by the Board on August 12, 2026, and will now be placed as Item No. 5 (Special Resolution) at the ensuing AGM. Key commercial terms, including consideration and assets transferred, were not disclosed in the current filing.
- Board approved placing Business Transfer Agreement (Slump Sale) before shareholders at ensuing AGM
- Transaction partner identified as M/s J and M Enterprises, an unrelated third-party partnership firm
- Addendum to the 34th AGM notice issued to append Special Resolution under Section 180(1)(a)
- Board meeting held on September 18, 2026, from 03:00 PM to 04:30 PM following initial August 12, 2026 approval
Navkar Urbanstructure has approved submitting a Business Transfer Agreement (Slump Sale) to shareholders for approval at its upcoming 34th Annual General Meeting. The slump sale will be executed with M/s J and M Enterprises, an unrelated third-party partnership firm, pursuant to Section 180(1)(a) of the Companies Act, 2013. The board approved issuing an addendum to the AGM notice to introduce this special resolution (Item No. 5). The exact transaction value and specific business assets being transferred were not disclosed in this filing.
- Slump sale via Business Transfer Agreement approved for shareholder voting at the 34th AGM
- Counterparty identified as M/s J and M Enterprises, an unrelated third-party partnership firm
- Addendum to the 34th AGM notice approved to add Special Resolution Item No. 5 under Section 180(1)(a)
- Board meeting conducted on September 18, 2026, between 03:00 PM and 04:30 PM
Navkar Urbanstructure Limited has resolved to put up a Business Transfer Agreement (slump sale) with M/s J and M Enterprises for shareholder approval at its upcoming 34th Annual General Meeting. An addendum to the AGM notice containing a Special Resolution under Section 180(1)(a) of the Companies Act, 2013, will be dispatched to shareholders. The transaction involves an unrelated third-party partnership firm, following earlier board consideration on August 12, 2026. Financial consideration and business division details of the slump sale were not disclosed in this filing.
- Board approved putting the Business Transfer Agreement (Slump Sale) to shareholder vote at the 34th AGM
- Counterparty identified as M/s J and M Enterprises, an unrelated third-party partnership firm
- Addendum to the AGM notice to be issued with Special Resolution Item No. 5 under Section 180(1)(a)
- Board meeting held on September 18, 2026, from 03:00 PM to 04:30 PM following initial approval on August 12, 2026
Navkar Urbanstructure Limited has published newspaper advertisements concerning its upcoming 34th Annual General Meeting (AGM). The notice includes information regarding the cut-off date for e-voting and book closure details under Regulation 30 and 47 of SEBI LODR Regulations. The notices were released in Business Standard (English) and Jai Hind (Gujarati) on September 17, 2026. This is a standard statutory compliance filing with no operational or financial impact.
- Published notice for the 34th Annual General Meeting of the company
- Advertisements released in Business Standard (English) and Jai Hind (Gujarati)
- Notification includes e-voting information, cut-off date, and book closure dates
- Filing submitted under Regulation 30 and 47 of SEBI LODR Regulations on September 17, 2026
Navkar Urbanstructure Limited announced the appointment of Ms. Riya Gupta (ACS: A80712) as its Company Secretary and Compliance Officer, effective September 12, 2026. The decision was approved during the Board of Directors meeting held between 11:00 a.m. and 11:30 a.m. on the same date. Ms. Gupta brings over 1.5 years of professional experience in corporate compliance and secretarial functions. This is a routine statutory appointment to maintain listing and corporate compliance.
- Appointment of Ms. Riya Gupta as Company Secretary and Compliance Officer effective September 12, 2026
- Board meeting conducted and concluded within 30 minutes (11:00 a.m. to 11:30 a.m.) on September 12, 2026
- Appointed officer holds ACS membership number A80712 with over 1.5 years of professional experience
Navkar Urbanstructure Limited has issued a notice for its 34th Annual General Meeting scheduled for September 30, 2026. The company is proposing a final dividend of 0.5% (₹0.005 per share) on equity shares of face value ₹1 for FY26. Additionally, the company seeks shareholder approval under Section 180(1)(a) to sell or dispose of non-income-generating immovable property situated in Gujarat to unlock capital. The sale consideration and specific asset details have not been disclosed.
- 34th AGM scheduled for September 30, 2026, at 11:30 AM via Video Conferencing
- Proposed final dividend of 0.5% or ₹0.005 per equity share of face value ₹1 for FY26
- Special Resolution proposed under Section 180(1)(a) to sell/dispose of non-revenue-generating property in Gujarat
- Sale proceeds intended for general corporate purposes and optimizing capital deployment
Navkar Urbanstructure Limited has rescheduled its 34th Annual General Meeting (AGM) from September 26, 2026, to Wednesday, September 30, 2026, at 11:30 AM IST via Video Conferencing. The company cited unavoidable administrative exigencies for the postponement. Consequently, the book closure dates have been revised to September 24, 2026, through September 30, 2026. Other board approvals, including the appointment of the scrutinizer, remain unchanged.
- 34th AGM postponed from September 26, 2026, to September 30, 2026 at 11:30 a.m. IST
- Revised share transfer book closure set from September 24, 2026, to September 30, 2026
- Appointment of Scrutinizer Mrs. Rupal Patel remains unchanged from August 31, 2026 board approval
Navkar Urbanstructure Limited has fixed Saturday, September 19, 2026, as the record date to determine shareholder eligibility for a final dividend of Rs 0.005 per equity share (face value Rs 1 each) for FY2025-26. The dividend proposal will be placed for shareholder approval at the 34th Annual General Meeting scheduled on September 26, 2026. If approved, the dividend will be disbursed within 30 days of declaration.
- Final dividend proposed at Rs 0.005 per equity share of face value Rs 1 for FY2025-26
- Record date fixed for Saturday, September 19, 2026
- 34th Annual General Meeting (AGM) scheduled for Saturday, September 26, 2026
- Dividend payment to be executed within 30 days from the AGM declaration date
Navkar Urbanstructure Limited has approved the Director's Report and Secretarial Audit Report for the financial year ended March 31, 2026. The company will convene its 34th Annual General Meeting (AGM) on September 26, 2026, at 11:30 AM IST via Video Conferencing. In relation to the AGM, the Register of Members and Share Transfer Books will remain closed from September 20, 2026, to September 26, 2026. Additionally, Mrs. Rupal Patel has been appointed as the Scrutinizer for the remote e-voting process.
- 34th Annual General Meeting scheduled for September 26, 2026, at 11:30 AM IST
- Share transfer books and member register closed from September 20 to September 26, 2026
- Directors' Report and Secretarial Audit Report for FY ended March 31, 2026, approved
- Mrs. Rupal Patel, Practicing Company Secretary, appointed as Scrutinizer for e-voting
Navkar Urbanstructure Limited has published its unaudited financial results for the first quarter ended June 30, 2026, in compliance with SEBI (LODR) Regulations. The results were featured in Business Standard (English) and Jai Hind (Gujarati) on August 13, 2026. This is a standard procedural filing following the board's review of quarterly performance. The company currently maintains a low debt-to-equity ratio of 0.04 with a net worth of Rs 160 Cr.
- Unaudited financial results published for the quarter ended June 30, 2026
- Compliance fulfilled under Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Results published in 2 newspapers: Business Standard and Jai Hind
- Company maintains a net worth of Rs 160 Cr as per latest financial context
- Total debt remains relatively low at Rs 6 Cr
Navkar Urbanstructure reported a net profit of ₹29.08 Lakhs for Q1 FY27, recovering from a loss of ₹12.95 Lakhs in the same quarter last year. However, core revenue from operations remains negligible at ₹15.34 Lakhs, with total income primarily driven by ₹138.04 Lakhs in 'Other Income'. Most significantly, the Board has approved a Business Transfer Agreement for a slump sale of a company undertaking, the details of which remain undisclosed pending shareholder approval.
- Reported a net profit of ₹29.08 Lakhs for the quarter ended June 30, 2026.
- Revenue from operations declined to ₹15.34 Lakhs from ₹17.15 Lakhs in the year-ago period.
- Other income of ₹138.04 Lakhs accounted for approximately 90% of the total revenue of ₹153.38 Lakhs.
- Board approved a slump sale of an undertaking on an 'As Is Where Is' basis.
- Paid-up equity share capital stands at ₹112.21 Cr against a net worth of ₹160 Cr.
Navkar Urbanstructure Limited has filed its Structured Digital Database (SDD) compliance certificate for the quarter ended June 30, 2026. The company confirmed that 2 events requiring Unpublished Price Sensitive Information (UPSI) tracking occurred and were successfully captured in the system. The database is maintained internally, is non-tamperable, and preserves an audit trail for a period of 8 years. This is a routine regulatory filing under SEBI (Prohibition of Insider Trading) Regulations, 2015, to ensure data integrity regarding sensitive information.
- Successfully captured 2 events involving UPSI during the quarter ended June 30, 2026
- Maintains a non-tamperable internal database with an audit trail for 8 years
- Zero non-compliances reported for the previous quarter ended June 30, 2026
Financial Performance
Revenue Growth by Segment
The company operates in a single segment (Infrastructure/Construction). Revenue from operations (Job Charges) for H1 FY26 was INR 365.05 Lakhs, representing a decrease of 7.94% compared to INR 396.53 Lakhs in H1 FY25. Total income for H1 FY26 was INR 367.65 Lakhs, down 7.3% YoY.
Geographic Revenue Split
Not disclosed in available documents, though the company is headquartered in Ahmedabad, Gujarat, and executes projects in 'risky geographical areas' across the nation.
Profitability Margins
Operating Profit Margin for FY25 was 19.31%, a slight decrease from 19.74% in FY24. Net Profit Margin for FY25 was 0.02%, down from 0.05% in FY24. For H1 FY26, the company reported a Net Profit of INR 5.01 Lakhs, a significant 78.5% decrease from INR 23.36 Lakhs in H1 FY25.
EBITDA Margin
Operating Profit Margin stood at 19.31% in FY25. The decrease of 43 basis points YoY was attributed to an increase in purchases and expenses during the financial year.
Capital Expenditure
As of September 30, 2025, Property, Plant and Equipment (PPE) was valued at INR 6,114.25 Lakhs, compared to INR 6,095.10 Lakhs as of March 31, 2025. Capital Work In Progress (CWIP) remained stable at INR 126.98 Lakhs.
Credit Rating & Borrowing
Not disclosed in available documents; however, the Debt-Equity ratio improved from 0.09 in FY24 to 0.04 in FY25 due to the repayment of loans.
Operational Drivers
Raw Materials
Construction materials for road and bridge projects; the company aims for in-house raw material production to optimize costs.
Capacity Expansion
Not disclosed in units; however, the company is launching new growth initiatives for existing and emerging construction businesses supported by increased liquidity.
Raw Material Costs
Purchases of stock-in-trade for H1 FY26 amounted to INR 102.29 Lakhs. In FY25, the inventory turnover ratio improved significantly to 0.61 from 0.06 in FY24 due to changes in procurement strategy.
Manufacturing Efficiency
Operational excellence programs designed with external consultants have been implemented to optimize cost and delivery commitments.
Logistics & Distribution
The company notes the Indian logistics market is estimated to reach US$ 320 billion by 2025, which supports its infrastructure growth strategy.
Strategic Growth
Expected Growth Rate
11.40%
Growth Strategy
Growth will be achieved through operational excellence programs, cost optimization, and leveraging a strong cash flow position to launch new initiatives in road and bridge construction. The company aims to be a premier infrastructure player by executing vertical construction activities with in-house raw material production.
Products & Services
Road and bridge construction, urban infrastructure development, and job charges for infrastructure projects.
Brand Portfolio
Navkar Urbanstructure Limited (formerly Navkar Builders Limited).
New Products/Services
Emerging businesses of construction and new growth initiatives supported by increased liquidity.
Market Expansion
Targeting the 'National Infrastructure Pipeline' with a planned spend of US$ 1.4 trillion over five years.
External Factors
Industry Trends
The infrastructure sector is a key driver for the Indian economy, with overall infrastructure capex estimated to grow at a CAGR of 11.4% (2021-26) driven by transport and urban infrastructure.
Competitive Landscape
The industry is highly dependent on government policy and road/bridge project awards.
Competitive Moat
Competitive advantage is derived from in-house raw material production and the ability to execute prestigious nation-building projects in difficult or risky terrains.
Macro Economic Sensitivity
Infrastructure investment contributes approximately 5% of India's GDP; the company is highly sensitive to government infrastructure spending and fiscal policies.
Consumer Behavior
Not applicable as the company primarily serves government and institutional clients.
Geopolitical Risks
Exposure to risks and threats to life, liberty, and property while operating in risky geographical areas for nation-building tasks.
Regulatory & Governance
Industry Regulations
Operations are governed by government policies on road and bridge projects and the SARFAESI Act for financial security interests.
Taxation Policy Impact
Current tax for H1 FY26 was INR 0.38 Lakhs. The company follows Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013.
Legal Contingencies
Not disclosed in available documents; however, the company maintains insurance coverage for operational risks in risky areas.
Risk Analysis
Key Uncertainties
Policy risk (changes in government road/bridge project awards), interest rate risk, and security risks in geographical project areas.
Geographic Concentration Risk
Significant operations in Ahmedabad, Gujarat, and unspecified risky geographical areas within India.
Third Party Dependencies
High dependency on external consultants for operational excellence programs and government authorities for project funding.
Credit & Counterparty Risk
Trade Receivables stood at INR 2,697.10 Lakhs as of September 30, 2025, up from INR 2,539.23 Lakhs in March 2025.
