What we do Navkar Corporation Ltd provides integrated logistics solutions, including Container Freight Stations (CFS), Inland Container Depots (ICD), Rail Terminals, and warehousing in India. |
Founded in 2,008 |
Market share Among India's largest CFS and ICD operators with significant terminal capacities near major ports. |
Problem solved Streamlines cargo and container handling for import-export industries, ensuring efficient customs clearance and transport support. |
Top clients or who we serve Serves Indian and multinational companies across manufacturing, automotive, chemicals, consumer goods, commodities, and more; primarily B2B. |
Key management - |
Our journey and innovations Started as a partnership in 2007, converted to a public limited company in 2008, expanded facilities and rail operations, and listed in 2015. |
Where we operate Primarily in Maharashtra and Gujarat with facilities in Panvel, Morbi, Somathane, and industrial belt regions. |
Top products or what we offer Offers container freight stations, inland container depots, rail terminals, bonded and general warehousing, and transportation services. |
Top brands Navkar CFS at Ajivali, Somathane; Navkar ICD at Morbi and Tumb; operational rail terminals and container rakes. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely recurring through logistics contracts, warehousing, and freight handling services. |
Our industry position Leading container logistics player near Nhava Sheva port and Gujarat industrial hubs with robust infrastructure and rail connectivity. |
Financial highlights FY23-24 revenue from operations: approx ₹440 crore; profit before tax ₹12 crore; diversified operational segments; recent ownership under JSW Port Logistics. |
Geographical revenue split - |
Order book - |
Whats driving growth Strong cargo volume growth, multi-modal logistics integration, strategic location near ports, and infrastructure expansion. |
Our future plans Focus on expanding inland container depots, enhancing rail connectivity, and leveraging JSW group synergies for growth by FY30. |
Our green promise Implements sustainability initiatives aligned with JSW Infrastructure, focusing on energy efficiency and reducing environmental footprint. |
Our people and values Committed workforce with focus on service excellence, safety, and regulatory compliance fostering customer trust. |
Key challenges ahead Competitive logistics sector, regulatory changes, and infrastructure expansion capital requirements. |
Interesting facts Successful QIP in 2017; pivotal role in India's logistics infrastructure; recently became a JSW Port Logistics subsidiary. |
Risks and strategy Mitigates operational risks with technology, diversified services; strategy includes capitalizing on government logistics reforms and port privatization. |
