Revenue surge lifts Navkar Urbanstructure margin to 10.25%
Standalone revenue rose +1,016.00% QoQ while expenses grew +902.00%; zero tax and other income shaped reported profit.
Filed 04 Nov 2026, 19:15 IST · after market close · Navkar Urbanstructure Ltd (NAVKARURB)
Key takeaways
- Standalone operating profit rose +5,600.00% QoQ to Rs 0.57 cr as revenue grew +1,016.00%.
- Operating margin expanded by 9.00 percentage points QoQ to 10.25%, but remained 1.99 percentage points below the 143-peer Industrials median.
- A 0.00% tax rate supported net profit of Rs 0.63 cr, while other income contributed 14.29% of pre-tax profit.
Price around the results
Revenue rebound drives the sequential improvement
Standalone revenue increased +1,016.00% QoQ, outpacing the +902.00% rise in expenses and taking operating profit to Rs 0.57 cr from Rs 0.01 cr. This marks a sharp improvement from Q1FY27, when operating margin was only 1.25%.
Margin improved, but profit quality needs attention
The slower increase in expenses than revenue expanded operating margin by 9.00 percentage points to 10.25%. Other income accounted for 14.29% of pre-tax profit, while the 0.00% tax rate meant reported net profit matched pre-tax profit at Rs 0.63 cr.
Margin remains below the Industrials peer median
Navkar Urbanstructure's 10.25% operating margin was 1.99 percentage points below the 12.24% median for the 143 Industrials companies that had reported. The results were filed after market close on 4 November 2026, leaving no immediate trading response to assess.
Q2FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 | Q1FY27 | QoQ |
|---|---|---|---|
| Revenue | ₹6 cr | ₹1 cr | +1016.00% |
| Other income | ₹0 cr | ₹0 cr | -71.88% |
| Expenses | ₹5 cr | ₹1 cr | +902.00% |
| Operating profit | ₹1 cr | ₹0 cr | +5600.00% |
| Operating margin (%) | 10.25% | 1.25% | — |
| Interest | ₹0 cr | ₹0 cr | +0.00% |
| Depreciation | ₹0 cr | ₹0 cr | — |
| Profit before tax | ₹1 cr | ₹0 cr | +117.24% |
| Tax | ₹0 cr | ₹0 cr | — |
| Net profit | ₹1 cr | ₹0 cr | +117.24% |
| EPS (₹) | ₹0.01 | ₹0.00 | — |
Operating margin of 10.25% compares with a Industrials sector median of 12.24% across 143 peers that have reported Q2FY27.
What to watch
- Whether operating margin holds above 10.25% in the next quarter.
- Whether revenue remains above Rs 5.58 cr while expense growth stays below revenue growth.
- Whether other income's contribution to pre-tax profit falls from 14.29% and the tax rate remains at 0.00%.