Audited Financial Results along with Auditors Report for the Quarter and Year ended March 31, 2026
NAVKARURB · price
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Navkar Urbanstructure Limited reported audited results for FY2026 with total revenue of Rs 243.18 crore, up from Rs 172.71 crore in FY2025, representing approximately 41% revenue growth. Net profit improved significantly to Rs 203.82 lakhs compared to just Rs 3.13 lakhs in the previous year. The board recommended a final dividend of Rs 0.005 per share. The statutory auditor S.V. Agrawal & Co issued an unmodified opinion on the financial statements. The auditor's report includes an Emphasis of Matter noting that building construction at Ambapur, Gandhinagar was written off as the land lease expired and the property is no longer commercially viable. Related party transactions were disclosed including loans and advances from promoters Harsh Jitendra Shah and Daksheshbhai R Shah.
The substantial jump in profitability from a very low base shows operational improvement, though the base effect makes percentage comparisons less meaningful. The auditor's Emphasis of Matter on the property write-off indicates a non-recurring write-down. The company declared a minimal dividend reflecting either conservative payout policy or retention of cash.