1. India Stocks

  2. •

    Utilities

  3. •

    Electric utilities
Nava Limited

Nava Limited

474.55
INR
-24.65
(-4.94%)
34.43EPS
22.79P/E
172.59BMarket Cap
Nov 05Next Earn
Nava Limited
BSE:NAVA
(Bombay Stock Exchange)

Recent

price

474.55

P/E

ratio

22.79

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
35.71
29
31.49
47.88
50.2
44.38
40.41
70.46
88.45
83.65
77.73
114.12
120.89
131.01
136.71
150.85
152.36
Revenue per Share
11.24
8.43
5.33
7.84
5.77
7.94
2.62
7.18
8.33
12.05
13
17.82
31.97
32.52
37.63
27.8
26.73
Basic EPS, GAAP
-8.04
-13.08
-13.58
-13.74
-3.16
-44.19
-14.39
3.65
20.89
12.07
22.27
18.78
38.7
104.04
45
17.85
- -
Free Cash Flow per Basic Share
2.44
1.47
1.1
1.38
1.14
1.18
0.77
0.61
0.92
1.83
- -
1.24
2.98
2.98
3.95
8.97
- -
Dividend per Share
61.88
64.75
68.9
84.76
82.61
87.44
93.76
100.91
111.24
128.01
149.11
170.68
207.63
238.07
268.95
309.02
- -
Book Value per Share
54.95
57.24
60.29
75.33
72.81
77.05
82.97
89.84
99.52
115.1
135.24
156.1
191.87
222.08
252.12
290.43
- -
Tangible Book Value per Share
305
337
357
357
357
357
332
332
332
328
326
290
290
290
290
283
283
Basic Weighted Avg Shares
10,905
9,776
11,246
17,099
17,928
15,849
13,404
23,369
29,335
27,451
25,305
33,147
35,083
38,020
39,651
42,690
43,095
Sales/Revenue/Turnover
24.17
16.24
19.56
21.34
16.44
18.74
8.35
24.64
37.66
32.77
30.42
30.88
35.98
37.26
37.4
31.39
29.09
Operating Margin (%)
471
514
588
1,119
788
837
904
2,284
2,815
2,938
2,998
2,953
3,062
3,187
3,524
3,912
4,021
Depreciation Expense
3,434
2,841
1,904
2,799
2,060
2,836
870
2,380
2,762
3,955
4,232
5,177
9,277
9,437
10,915
7,867
7,559
Net Income, GAAP
6.21
21.45
27.32
11.39
10.39
- -
41.58
28.29
55.37
10.06
17.44
36.35
3.48
8.93
10.74
30.76
32.64
Effective Tax Rate (%)
31.49
29.06
16.93
16.37
11.49
17.9
6.49
10.19
9.42
14.41
16.73
15.62
26.44
24.82
27.53
18.43
17.54
Profit Margin (%)
8,611
6,289
1,689
-3,138
-11,731
7,356
8,370
6,961
11,597
15,450
2,365
2,782
22,305
27,538
33,486
49,752
- -
Working Capital
3,945
4,533
4,283
3,836
3,110
32,380
35,764
30,874
28,072
25,587
22,475
18,610
15,806
3,088
8,282
21,787
- -
LT Debt
17,897
22,684
24,110
29,398
32,068
33,980
34,379
36,447
40,648
47,359
50,757
56,762
71,076
83,206
94,116
107,641
- -
Total Equity
14.77
5.8
4.35
8.19
4.99
- -
1.44
5.62
6.82
10.41
7.7
6.68
12.83
15.11
14.13
8.05
- -
Return on Invested Capital (%)
18.23
12.17
6.42
9.55
6.24
- -
1.63
4.96
5.15
6.86
6.95
7.59
10.37
9.24
8.07
4.64
- -
Return on Capital (%)
19.67
13.52
7.98
10.2
6.89
9.34
2.77
7.31
7.85
10.04
9.85
11.06
16.9
14.59
15.03
9.62
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
477
- -
LT Borrowings
- -
21,732
- -
LT Finance Leases
- -
55
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
283
283
283
Market Capitalization
160,448
150,330
172,593

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
57,301
- -
Cash, Cash Equivalents & STI
- -
34,930
- -
Accounts Receivable, Net
- -
9,487
- -
Inventories
- -
6,662
- -
Total Current Liabilities
- -
7,549
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
477
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.4%
16.32%
14.37%
Free Cash Flow
44.99%
26.38%
-61.3%
Net Income, GAAP
26.15%
18.19%
-27.93%
Sales/Revenue/Turnover
12.74%
11.43%
7.67%
Total Cash Common Dividend
- -
- -
121.61%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
12,224
9,005
8,425
10,182
39,651
2026
11,932
9,637
9,911
11,428
42,690
2027
12,118
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
12.26
8.58
8.62
8.1
37.63
2026
10.89
4.59
7.84
4.49
27.8
2027
9.8
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
3.95
2026
- -
- -
- -
- -
8.97
2027
- -
- -
- -
- -
- -
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Business
Nava Limited Nava Limited (NAVA.NS) engages in ferroalloy manufacturing, power generation, mining, agribusiness and healthcare services as a diversified multinational conglomerate operating primarily in India, Zambia, Southeast Asia and Africa. Founded in 1972 and headquartered in Hyderabad, India, the company produces high-quality manganese alloys including silico manganese and ferro silicon at facilities with 175,000 MTPA installed capacity, exporting 30% to the Middle East, Southeast Asia and Europe; generates power through 734 MW collective capacity encompassing thermal and solar plants such as the 300 MW mine-to-mouth facility operated by subsidiary Maamba Energy Limited (MEL) in Zambia, a 150 MW plant via Nava Bharat Energy India Limited (NBEIL) in India and merchant sales; conducts mining operations as Zambia's largest concessionaire supplying coal for internal consumption and external sales; pursues commercial agriculture via high-yield avocado and sugarcane plantations on a 25,000-acre farm block in Zambia; and invests in healthcare services targeting emerging markets. Recent developments include the board's approval in November 2024 of a 2:1 stock split to enhance equity share liquidity, initiation of a US$125 million integrated sugar complex project in Zambia for sugar, ENA and ethanol production alongside the US$45 million world-class avocado project with initial harvest targeted for December 2024, commencement of MEL's 300 MW Phase-II expansion with groundbreaking attended by Zambia's president and projected commissioning by August 2026, receipt of US$10 million dividend from subsidiary Nava Bharat (Singapore) Pte Ltd boosting standalone profitability, a February 2025 share buyback approval worth Rs360 crore at Rs500 per share and re-designation of Ashwin Devineni as Vice-Chairman of wholly-owned subsidiary Nava Global Pte. Limited in November 2025 to oversee overseas investments.