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Nava Ltd

₹ 566-0.64%
16 Jan – close price
🔗navalimited.com•BSE: 513023•NSE: NAVA
Market Cap₹ 16,011 Cr.
Current Price₹ 566
High / Low₹ 735
Stock P/E35.9
Book Value₹ 132
Dividend Yield1.41 %
ROCE13.6 %
ROE10.9 %
Face Value₹ 1.00
Sales₹ 1,733 Cr.
OPM20.7 %
Mar Cap₹ 16,011 Cr.

ABOUT

Nava Bharat Ventures Ltd was established in 1972 as an Indian ferro alloys manufacturer, Nava Bharat is now a multinational company, operating in India, South East Asia and Africa with businesses in metals manufacturing, power, mining, agribusiness and healthcare.[1]It owns Ferro Alloy facilities which are situated in Paloncha (Telangana) and Kharagprasad (Odisha). It also owns power generation capacity of 434 MW from its 8 thermal power plants located in different states of India.[2]Its 65% owned subsidiary Maamba Collieries Ltd is Zambia’s largest coal mine concessionaire, which also led to the development of a 300 MW power plant in Zambia which repersents 10% of Zambia’s total installed power generation capacity.[2]

KEY POINTS

Business Segments H1 FY251) Energy (75%):[1]The company operates 5 power plants in Telangana, Odisha, and AP, with a total installed capacity of 434 MW. It also manages Zambia’s sole integrated thermal power plant of 300 MW, with plans to add another 300 MW for $400 Mn. Over 70% of its power output is secured through PPAs. Segment revenue grew 13% YoY due to higher sales, strong PLF, and improved merchant tariff rates.[2][3]

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsLarge Order ReceiptsJv Partnerships AcquisitionsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.NTPC346.3514.14335795.932.415225.30-3.9444785.820.189.95186754.3128.6423751.115066.781.754.261.33
2.Adani Green930.1069.92153187.480.00644.00102.553008.000.108.7012221.0081.162190.88658.147.852.324.52
3.JSW Energy492.8042.5786138.740.41824.27-17.415177.4259.916.4915949.0649.552023.68704.682.962.462.37
4.NHPC Ltd80.2225.4080551.542.381219.2813.493365.2610.277.4211212.7652.983171.331021.441.953.431.09
5.NTPC Green Ene.92.40128.3577893.240.0086.38130.26612.2921.524.892419.8587.48606.9087.594.151.311.16
6.NLC India257.3013.6435643.911.40724.80-27.064178.4114.2510.5116251.4826.032612.76665.121.794.681.22
7.SJVN76.4753.9630062.601.91307.80-30.201032.400.604.913125.2472.70557.11307.912.061.922.03
8.Nava565.5535.8816010.761.41156.468.90439.4832.9313.641732.9620.67446.20156.864.2810.120.00
–Median: 25 Co.119.6527.557636.520.086.387.48612.2915.347.421814.6330.58187.780.072.42.320.89

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
308335433426342308391518331280484530439
Expenses
246302348330304265315360257218401386370
Operating Profit
6233869638437615773628214469
Other Income
1912151413272727102134442115
Profit before tax
7034899941629417616665118178175
Tax %
23%30%24%26%23%27%26%25%12%27%18%21%11%
Net Profit
542468733145701311464797141156
EPS in Rs
1.850.822.352.511.081.552.404.525.041.633.434.985.53

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
1,1011,1531,0269901,3091,2151,0801,0271,6781,6001,4681,6121,733
Expenses
8479939018311,0659798837801,1161,2201,2151,2371,375
Operating Profit
253160125160244236197247562380253375358
Other Income
5057623746745237545981186215
Interest
18283237152021141213632
Depreciation
62363437373232323332323435
Profit before tax
223153122123237258197238571395295525536
Net Profit
19314211880162166129155382322219422442
EPS in Rs
5.413.993.292.234.524.653.654.9413.1611.117.5514.9015.57
Dividend Payout %
23%31%23%22%17%16%21%24%23%27%27%54%–

Compounded Sales Growth

10 Years:3%
5 Years:8%
3 Years:-1%
TTM:12%

Compounded Profit Growth

10 Years:11%
5 Years:25%
3 Years:0%
TTM:14%

Stock Price CAGR

10 Years:31%
5 Years:79%
3 Years:67%
1 Year:28%

Return on Equity

10 Years:7%
5 Years:9%
3 Years:9%
Last Year:11%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
18181836363635302929292828
Reserves
2,4312,5172,6342,5902,7352,8712,9182,9473,2703,5043,6333,5803,715
Borrowings
17216843729333432029717519313292314
Other Liabilities
193226189159153180137162292267231310239
Total Liabilities
2,8152,9283,2773,0783,2573,4083,3873,3133,7843,9323,9023,9413,996
Fixed Assets
851826850838814793705695667658664650640
Gross Block
1,291.141,306.621,363.22906.18919.10932.77854.29881.11884.57903.43940.35959.96–
Accumulated Depreciation
439.98480.44513.4968.33105.60140.06149.20186.14217.91245.84276.83310.26–
CWIP
675762827278916
Investments
9541,0581,0961,0931,2131,2331,7641,8852,1222,1062,2392,1322,333
Other Assets
1,0031,0371,3271,1401,2251,3809107329881,1429911,1501,006
Total Assets
2,8152,9283,2773,0783,2573,4083,3873,3133,7843,9323,9023,9413,996

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
1521273201725920115237632348251216
Cash from Investing Activity
-465-141-54351-67-147-6-84-14723-28250
Cash from Financing Activity
-34-65200-2046-59-134-256-53-157-213-466
Net Cash Flow
-347-80-2219-2-41237123-8610-0

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
537061364857655644505544
Inventory Days
193173127158136174194132129217180256
Days Payable
453850483842302824432431
Cash Conversion Cycle
201205137146146189229159149225211270
Working Capital Days
12813514672819313311886155169167
ROCE %
9%7%5%6%8%9%7%8%18%11%8%14%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters
48.81%48.81%48.83%48.85%48.85%48.85%48.85%48.85%48.89%50.13%50.13%50.13%50.10%
FIIs
9.90%9.38%8.90%9.24%9.18%8.86%9.32%11.02%11.08%9.74%10.26%10.38%10.36%
DIIs
0.33%0.32%0.32%0.22%0.08%0.16%0.23%0.17%0.16%0.19%0.40%0.46%0.38%
Public
40.99%41.50%41.96%41.70%41.90%42.14%41.62%39.96%39.87%39.93%39.22%39.02%39.16%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

NAVA LIMITED Submits SEBI Compliance Certificate for Q4 FY26

6th April 2026, 8:47 pm

Nava Limited temporarily shuts Odisha furnaces for maintenance from April 1, 2026

30th March 2026, 10:11 pm

NAVA LIMITED Board Approves Incorporation of Two Wholly Owned Subsidiaries in GIFT City

10th March 2026, 6:54 pm

Nava Limited Q3 FY'26 Earnings Call: Profit Surges 83.5% QoQ, Details on Zambia Expansion and Agriculture Projects

11th February 2026, 4:02 pm

Nava Limited Publishes Unaudited Financial Results for Q3 and Nine Months Ended Dec 31, 2025

6th February 2026, 4:25 pm

Published by Other Websites

External media mentions & references

Nava Limited Revenue Surges 18%, Profit Slips on Cost Pressures

5th February 2026, 2:41 pm

Experts Identify 8 Stocks for January 7 Trading Gains

7th January 2026, 7:21 am

Tata Motors, IEX, Leela Hotels: Stocks in Spotlight on Busy Trade Day

6th January 2026, 8:33 am

Nava Ltd Bags ₹450 Crore From Singapore Unit Buyback

5th January 2026, 4:14 pm

Massive Corporate Action Alert! 42 Stocks Go Ex-Date Today: Dividends, Splits & Buybacks Revealed!

14th November 2025, 6:51 am

News Articles

Editorial & research coverage

Experts Identify 8 Stocks for January 7 Trading Gains
Experts Identify 8 Stocks for January 7 Trading Gains

7th January 2026, 7:21 am

Nava Ltd Bags ₹450 Crore From Singapore Unit Buyback
Nava Ltd Bags ₹450 Crore From Singapore Unit Buyback

5th January 2026, 4:14 pm

Nava Ltd Shocks Market! Rs 3 Dividend Alert & Q2 Surge - Is This Multibagger Power Stock Your Next Big Win?
Nava Ltd Shocks Market! Rs 3 Dividend Alert & Q2 Surge - Is This Multibagger Power Stock Your Next Big Win?

13th November 2025, 2:30 pm

Nava Limited Posts Stellar 83.5% Q3 Profit Jump on Robust Revenue Growth
Nava Limited Posts Stellar 83.5% Q3 Profit Jump on Robust Revenue Growth
Nava Ltd: Consolidated Revenue Rises 17.6%, PAT Dips 7.8% on Higher Taxes
Nava Ltd: Consolidated Revenue Rises 17.6%, PAT Dips 7.8% on Higher Taxes

Documents

Announcements

Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2025.

5 Jan - NGPL to buy 99,20,635 shares for US$50M (US$5.04/share); NGPL valued at US$1.26bn

Announcement under Regulation 30 (LODR)-Credit Rating

2 Jan - CARE upgraded NBEIL to LT A (from A-), ST A1 (from A2); support rating withdrawn.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

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Financial Year 2022

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Financial Year 2021

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Financial Year 2020

(from bse)

Financial Year 2019

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Financial Year 2018

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Financial Year 2017

(from bse)

Financial Year 2016

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Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2012

(from nse)

Credit Ratings

Rating update

5 Dec 2024 from crisil

Rating update

7 Sep 2023 from crisil

Rating update

18 Oct 2022 from crisil

Rating update

7 Sep 2021 from crisil

Rating update

20 Jul 2021 from crisil

Rating update

1 Apr 2020 from crisil

Concalls

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Stock Analysis

Description

Nava Limited is a diversified multinational corporation operating in metals, energy, mining, agribusiness, and healthcare, with a significant global footprint across India and Africa.

Key Growth Triggers

  1. The buyback aims to unlock capital from a mature subsidiary to improve liquidity, enabling pursuit of new acquisitions and supporting ongoing projects, thereby enhancing capital efficiency and optimizing returns.

Order Book

Currently no data available for Order Book.

Key Red Flags

None explicitly stated in this announcement.

Key Dates To Watch

  1. The Board meeting to approve the buyback was held on January 5, 2026. Specific dates for the buyback execution are not provided in this announcement.

Corporate Announcements

6th Apr 26
Impact Rating: 2
NAVA LIMITED has provided a compliance certificate under SEBI Regulation 74(5) for the quarter ending March 31, 2026. This filing from its Registrar, KFin Technologies, confirms that security dematerialization details were sent to all listed stock exchanges.
30th Mar 26
Impact Rating: 6
Nava Limited will temporarily shut its two Odisha furnaces for ~3 months maintenance starting April 1, 2026. The company expects improved power sales realization and anticipates no material adverse financial impact from the shutdown.
10th Mar 26
Impact Rating: 6
NAVA LIMITED's Board of Directors has approved the formation of two wholly owned subsidiaries in GIFT City, Gujarat. These entities will focus on investments in commercial agriculture, with initial capital infusion planned.
11th Feb 26
Impact Rating: 7
Nava Limited's Q3 FY'26 earnings call highlighted an 83.5% QoQ net profit surge. Management detailed ongoing capex in Zambia power projects, agriculture, and sugar initiatives.
6th Feb 26
Impact Rating: -
No description available.