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Nava Limited

Nava Limited

NAVA.BO
Nava LimitedIN flagBombay Stock Exchange
600.90
INR
-3.60
- -
169.56BMarket Cap
Nava Limited
NAVA.BO
(Bombay Stock Exchange)

Recent

price

600.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
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
137.34
151.64
151.72
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
27.81
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
33.83
39.21
39.55
44.61
47.39
0.5
1.08
0.47
0.16
-0.76
0.91
1
1
1
0.98
1
1
Book Value per Share
51.67
59.34
58.9
72.88
79.98
84.75
92.69
98.83
110.84
131.45
143.3
180.86
229.17
270.73
308.06
361.8
361.99
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
39,835
42,909
42,909
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
37.22
30.91
30.91
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
3,912
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
7,867
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
30.76
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
27.4
18.33
18.33
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
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
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
107,641
Total Equity
11.41
4.6
4.72
8.25
5.92
- -
0.89
5.62
6.87
10.41
7.69
7.36
12.73
14
14.13
7.91
7.91
Return on Invested Capital (%)
41.77
18.48
9.19
14
8.96
- -
2.85
8.85
10.08
13.78
14.31
15.97
23.66
28.94
33.74
15.53
15.53
Return on Capital (%)
65.5
24.13
13.93
18.62
12.54
33.17
324.65
930.49
2,672.9
- -
- -
1,766.01
3,195.27
3,250.58
3,806.69
2,778.5
2,778.5
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
209
- -
477
LT Borrowings
15,699
- -
21,732
LT Finance Leases
51
- -
55
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
283
- -
283
Market Capitalization
186,386
161,233
150,237

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
45,128
- -
57,301
Cash, Cash Equivalents & STI
25,860
- -
35,448
Accounts Receivable, Net
9,439
- -
9,487
Inventories
6,875
- -
6,662
Total Current Liabilities
5,818
- -
7,549
Payables & Accruals
- -
- -
- -
ST Debt
209
- -
477
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

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
12.79%
11.54%
7.72%
Total Cash Common Dividend
- -
50.72%
121.61%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,423
9,220
9,299
9,077
38,020
2025
12,224
9,005
8,425
10,182
39,835
2026
11,932
9,637
9,911
11,428
42,909

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9
5.1
11.31
- -
32.52
2025
12.26
8.58
8.62
8.1
37.63
2026
10.89
4.59
7.84
4.49
27.8

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.98
2025
- -
- -
- -
- -
3.95
2026
- -
- -
- -
- -
8.97
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Business
Nava Limited (BSE:NAVA) engages primarily in the manufacturing of low ash metallurgical (LAM) coke, along with captive power generation and by-product coal chemicals. The company produces LAM coke used in steel-making ferro alloys and other non-ferrous industries; coal chemical products including coal tar, crude benzol, ammonium sulphate, and naphtha; and generates electricity through thermal and solar power plants with a combined capacity exceeding 75 MW. Operations span mining of coking coal from its captive mine in Talcher, Odisha; processing through washeries; and distribution primarily within India, serving steel producers and industrial consumers. Founded in 1979 and headquartered in Raipur, Chhattisgarh, India, Nava Limited operates through segments including LAM Coke and Power, with additional involvement in coal washery services and logistics. The company targets domestic markets in eastern and central India, leveraging its integrated operations from mining to power generation to optimize costs and supply chain efficiency. Subsidiaries include Nava Energy Pvt Ltd for power projects and Nagpur Integrated Coal Washery Pvt Ltd for beneficiation services. In recent developments, Nava Limited completed the commissioning of a 1.5 MTPA coal washery at its Parej East mine in Jharkhand in fiscal 2025, enhancing raw material quality for coke production. The company reported robust financial performance in Q2 FY26 with consolidated net profit surging over 200% year-on-year to INR 2.5 billion, driven by higher coke sales volumes and power segment contributions. Additionally, it expanded renewable energy capacity with a 25 MW solar project operationalized in 2024, aligning with India's green energy transition while maintaining its core metallurgical focus.