Navkar Corporation receives GST order with Rs 41,216 demand for FY 2022-23

1 min read     Updated on 28 Feb 2026, 04:01 PM
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Reviewed by
Suketu GScanX News Team
Overview

Navkar Corporation Limited disclosed receiving a GST order under Section 65 for FY 2022-23 with a demand of Rs 41,216, including Rs 15,976 in interest. The company received the order on February 27, 2026, and has already paid the amount during audit proceedings. The company stated there is no major impact on its financials or operations.

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Navkar Corporation Limited has informed stock exchanges about receiving a GST order under Section 65 of the Goods & Service Tax Act, 2017 for the financial year 2022-23. The disclosure was made in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

GST Order Details

The company received the GST order on February 27, 2026, at 17:46 IST from the Goods & Service Tax Department. The order contains a demand of Rs 41,216, which includes interest of Rs 15,976.

Parameter Details
Authority Goods & Service Tax Department
Order Type Section 65 of GST Act, 2017
Financial Year 2022-23
Receipt Date February 27, 2026
Total Demand Rs 41,216
Interest Component Rs 15,976

Company's Response

Navkar Corporation has already addressed the GST demand by paying the required amount during the audit proceedings. The company has clarified that this payment was made before receiving the formal order.

Financial Impact Assessment

According to the company's disclosure, there is no major impact on its financials, operations, or other activities due to this GST order. The relatively modest amount and the fact that payment has already been made suggest minimal disruption to the company's business operations.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations. Company Secretary and Compliance Officer Deepa Gehani signed the disclosure document, ensuring proper regulatory compliance with the stock exchange requirements.

Historical Stock Returns for Navkar Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-0.45%-2.15%-3.34%-21.00%-4.84%+138.93%

Navkar Corporation Shares JSW Infrastructure February 2026 Investor Presentation

3 min read     Updated on 04 Feb 2026, 01:44 PM
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Reviewed by
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Overview

Navkar Corporation Limited formally released JSW Infrastructure's February 2026 investor presentation through regulatory filing, highlighting strong Q3 FY26 operational performance with 8% YoY growth in cargo handling, robust logistics segment financials including ₹185.80 crore revenue, and ambitious expansion plans targeting 2.4x capacity increase by 2030 with multiple greenfield projects worth over ₹12,000.00 crore in estimated capex.

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Navkar Corporation Limited has formally announced the release of JSW Infrastructure's February 2026 investor presentation in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made through a regulatory filing dated February 04, 2026, addressed to both BSE Limited and National Stock Exchange of India Limited.

Regulatory Compliance and Disclosure

The company secretary Deepa Gehani signed the regulatory filing, confirming that the investor presentation has been released by JSW Infrastructure Limited, which serves as the ultimate holding company of Navkar Corporation Limited. The presentation is also available on the company's official website at www.navkarcorp.com as per Regulation 46 of the Listing Regulations.

Filing Details: Information
Reference Number: NCL/CS/2025-26/76
Date: February 04, 2026
BSE Scrip Code: 539332
NSE Symbol: NAVKARCORP

JSW Infrastructure Overview

JSW Infrastructure operates as part of India's leading conglomerate with a turnover of US$23.00 billion as of FY25. The company maintains a total operational capacity of 177 mtpa across strategically located ports and terminals in India, with additional international operations.

Business Segment: Key Highlights
Steel: India's largest steel producer with 35.70 mtpa capacity
Energy: 13.30 GW installed generation capacity
Cement: 20.60 mtpa capacity with lowest CO2 emission intensity
Paints: 219,000 klpa capacity with Akzo Nobel acquisition completed

Q3 and 9M FY26 Operational Performance

The ports segment demonstrated steady growth with cargo handling increasing by 8% year-on-year in Q3 FY26. The customer mix remained balanced with JSW Group and third-party customers each contributing approximately 50% of the business.

Logistics Segment Performance

The logistics segment, which includes Navkar Corporation consolidated from October 11, 2024, reported strong financial metrics:

Financial Metric: Q3 FY26 9M FY26
Revenue from Operations: ₹185.80 crore ₹486.70 crore
Operating EBITDA: ₹33.20 crore ₹78.00 crore
Operating EBITDA Margin: 18% 16%
Profit After Tax: ₹8.40 crore ₹17.00 crore

Key Project Updates

JSW Infrastructure is executing multiple expansion projects across its portfolio:

New Terminals

Project: Details
V.O. Chidambarana Port, Tuticorin: 7 mtpa berth construction with ₹600.00 crore capex, pile foundation work 90% completed
Kolkata Container Terminal: 0.45 million TEUs capacity with ₹740.00 crore estimated capex
Mangalore Container Expansion: Capacity expansion from 4.20 to 6 mtpa with ₹150.00 crore capex

Greenfield Developments

Project: Capacity Estimated Capex Expected Completion
Keni Port: 30 mtpa ₹4,119.00 crore FY 2029
Jatadhar Port: 30 mtpa ₹3,000.00 crore March 2027
Slurry Pipeline Project: 30 mtpa ₹4,000.00 crore March 2027

Growth Strategy and 2030 Roadmap

JSW Infrastructure has outlined ambitious expansion plans targeting approximately 2.4x increase in overall capacity by 2030. The company provided consolidated guidance for FY26-28:

Guidance Parameter: Target
Operating Revenue by FY28: ₹11,650.00 crore
Operating EBITDA by FY28: ₹5,000.00 crore

Strategic Acquisitions

The company completed the acquisition of rail logistics entities including JSW Mineral Rail Logistics, JSW Rail Infra Logistics, and JSW (South) Rail Logistics with an overall enterprise value of ₹1,212.00 crore in February 2026. This transaction includes 25 rakes across the acquired entities, strengthening the company's logistics capabilities and expanding its rail transportation network.

The presentation also highlighted JSW Infrastructure's commitment to sustainability with improvements in specific energy consumption, GHG emission intensity, and freshwater consumption across operations while pursuing aggressive expansion plans across the ports and logistics sectors.

Historical Stock Returns for Navkar Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-0.45%-2.15%-3.34%-21.00%-4.84%+138.93%

More News on Navkar Corporation

1 Year Returns:-4.84%