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Nava Overview

Nava Bharat Ventures Ltd is an India-based totally manufacturer and exporter of manganese and chromium alloys. The Company is primarily engaged within the commercial enterprise of producing and selling of ferro alloys, genration of power, and operation and renovation services for power belongings. The Company operates from its foremost place of business positioned within the states of Telangana, Odisha and Andhra Pradesh. The Company operates through three segments: Ferro Alloys (FAP), Power and Mining. The FAP section produces diverse alloy me...Read More

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Nava Key Financials

Market Cap ₹19898 Cr.

Stock P/E 13.9

P/B 2.4

Current Price ₹703.1

Book Value ₹ 297.8

Face Value 1

52W High ₹736.5

Dividend Yield 1.14%

52W Low ₹ 416.2

Nava Share Price

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Volume
Price

Nava Quarterly Price

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Nava Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 922 930 924 1222 900 842 1018 1193 964 991
Other Income 40 65 28 36 42 36 38 39 26 70
Total Income 962 995 952 1258 943 878 1056 1233 990 1062
Total Expenditure 563 520 542 632 487 393 637 605 648 549
Operating Profit 399 475 409 626 456 485 419 628 341 513
Interest 95 46 53 9 7 6 5 1 3 1
Depreciation 78 81 82 86 88 88 90 90 94 116
Exceptional Income / Expenses 0 116 0 0 0 0 0 0 0 0
Profit Before Tax 226 464 274 531 361 392 324 536 244 397
Provision for Tax 33 -1 19 85 31 35 21 137 66 70
Profit After Tax 193 465 255 446 330 356 303 399 178 326
Adjustments -44 -137 -49 -91 -79 -106 -69 -91 -48 -104
Profit After Adjustments 148 328 206 356 251 250 234 308 129 222
Adjusted Earnings Per Share 5.1 11.3 7.1 12.3 8.6 4.3 8.3 10.9 4.6 7.8

Nava Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 1814 1585 1350 2349 2946 2759 2549 3348 3528 3818 3984 4166
Other Income 114 87 69 69 89 122 249 298 402 331 297 173
Total Income 1928 1672 1420 2418 3035 2881 2798 3645 3930 4150 4280 4341
Total Expenditure 1503 1221 1177 1556 1642 1681 1479 2029 1963 2294 2293 2439
Operating Profit 424 451 243 862 1393 1200 1318 1617 1968 1856 1987 1901
Interest 112 88 72 246 362 319 348 338 397 275 26 10
Depreciation 79 84 90 228 276 289 300 295 306 319 352 390
Exceptional Income / Expenses -0 0 79 0 0 0 1 -94 0 116 0 0
Profit Before Tax 233 280 159 388 755 593 672 889 1264 1378 1608 1501
Provision for Tax 24 -17 66 110 418 60 117 323 44 123 173 294
Profit After Tax 209 297 93 278 337 533 554 566 1220 1255 1436 1206
Adjustments -3 -13 -6 -40 -61 -138 -131 -48 -292 -312 -344 -312
Profit After Adjustments 206 284 87 238 276 395 423 518 928 944 1091 893
Adjusted Earnings Per Share 5.8 7.9 2.4 6.7 7.7 11.2 14.3 17.8 32 32.5 38.6 31.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 4% 6% 8% 8%
Operating Profit CAGR 7% 7% 11% 17%
PAT CAGR 14% 36% 22% 21%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 50% 83% 81% 33%
ROE Average 20% 20% 17% 13%
ROCE Average 21% 20% 18% 13%

Nava Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2912 3222 3162 3385 3689 4185 4411 4953 6025 6909 7611
Minority's Interest 247 275 276 319 376 551 664 723 1082 1412 1800
Borrowings 315 3235 3576 3324 2807 2556 2243 1856 1575 305 823
Other Non-Current Liabilities 59 193 64 -108 325 337 507 906 501 361 355
Total Current Liabilities 2380 795 1157 1147 1143 1653 1810 2263 1931 682 673
Total Liabilities 5912 7721 8235 8066 8340 9283 9636 10701 11114 9668 11262
Fixed Assets 2065 2156 2125 6120 5942 5969 5590 5498 5616 5512 5505
Other Non-Current Assets 2670 4034 4116 103 95 115 1998 2662 1336 721 1736
Total Current Assets 1178 1531 1994 1843 2303 3142 2007 2515 4143 3418 4000
Total Assets 5912 7721 8235 8066 8340 9283 9636 10701 11114 9668 11262

Nava Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 198 116 626 623 278 226 278 347 328 395 266
Cash Flow from Operating Activities 891 -126 39 201 824 527 758 608 1223 3185 2157
Cash Flow from Investing Activities -866 -1390 -678 266 -15 -12 -210 -222 18 -240 -1286
Cash Flow from Financing Activities -57 2016 648 -813 -878 -482 -473 -415 -1184 -3077 -163
Net Cash Inflow / Outflow -32 500 8 -346 -68 33 75 -29 57 -133 707
Closing Cash & Cash Equivalent 166 626 623 278 226 278 347 328 395 266 989

Nava Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 5.77 7.94 2.44 6.66 7.73 11.22 14.31 17.84 31.97 32.52 38.57
CEPS(Rs) 8.06 10.65 5.13 14.18 17.17 23.32 28.87 29.67 52.6 54.24 63.18
DPS(Rs) 1.25 0.75 0.5 0.75 0.75 0.75 1.25 3 3 2 8
Book NAV/Share(Rs) 81.48 90.23 88.54 94.77 103.29 118.75 149.11 170.68 207.63 238.07 268.95
Core EBITDA Margin(%) 14.89 19.95 12.51 33.78 44.26 39.08 41.96 39.4 44.37 39.92 42.43
EBIT Margin(%) 16.55 20.12 16.67 27 37.92 33.05 40.01 36.65 47.09 43.29 41.03
Pre Tax Margin(%) 11.19 15.32 11.46 16.51 25.63 21.49 26.35 26.55 35.83 36.1 40.38
PAT Margin (%) 10.03 16.24 6.7 11.84 11.44 19.33 21.76 16.9 34.58 32.88 36.04
Cash Profit Margin (%) 13.81 20.82 13.22 21.57 20.81 29.79 33.52 25.72 43.26 41.23 44.89
ROA(%) 3.85 4.35 1.16 3.41 4.11 6.05 5.86 5.56 11.19 12.08 13.72
ROE(%) 7.41 9.67 2.91 8.49 9.53 13.54 12.9 12.08 22.23 19.41 19.78
ROCE(%) 7.97 6.46 3.19 8.48 15.39 12.32 13.18 15.03 18.85 20.15 20.67
Receivable days 21.57 34.35 49.31 69.32 130.34 236.3 222.54 108.44 176.5 196.22 145.56
Inventory Days 102.47 103.79 106.15 62.5 51.04 54.29 49.97 36.45 54.85 61.73 65.08
Payable days 234.45 214.94 65.36 38.95 51.46 57.4 60.51 31.85 51.8 51.55 50.44
PER(x) 7.75 5.16 25.78 10.09 7.23 1.53 2.43 3.95 3.41 7.5 13.43
Price/Book(x) 0.55 0.45 0.71 0.71 0.54 0.14 0.23 0.41 0.53 1.02 1.93
Dividend Yield(%) 2.8 1.83 0.8 1.11 1.34 4.36 3.59 4.26 2.75 0.82 1.54
EV/Net Sales(x) 1.64 2.84 4.43 2.59 1.76 1.38 1.59 1.58 1.64 1.88 3.64
EV/Core EBITDA(x) 7 9.98 24.64 7.06 3.72 3.17 3.08 3.27 2.95 3.87 7.3
Net Sales Growth(%) 4.99 -12.62 -14.8 73.94 25.43 -6.36 -7.62 31.36 5.39 8.22 4.33
EBIT Growth(%) -21.25 6.54 -37.11 174.3 76.21 -18.39 11.85 20.33 35.4 -0.51 -1.12
PAT Growth(%) -24.33 41.87 -68.69 199.36 21.21 58.25 3.99 2.05 115.64 2.88 14.37
EPS Growth(%) -26.39 37.66 -69.33 173.58 16.04 45.1 27.5 24.7 79.19 1.73 18.6
Debt/Equity(x) 0.53 1.15 1.39 1.18 0.93 0.83 0.77 0.72 0.51 0.06 0.12
Current Ratio(x) 0.5 1.93 1.72 1.61 2.01 1.9 1.11 1.11 2.15 5.01 5.95
Quick Ratio(x) 0.23 1.41 1.38 1.25 1.65 1.66 0.94 0.95 1.79 4.13 4.73
Interest Cover(x) 3.09 4.19 3.2 2.57 3.09 2.86 2.93 3.63 4.18 6.02 63.15
Total Debt/Mcap(x) 0.96 2.53 1.96 1.67 1.72 5.76 3.29 1.75 0.97 0.06 0.06

Nava Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 48.84 48.84 48.85 48.85 48.89 50.13 50.13 50.13 50.1 50.11
FII 9.17 8.85 9.3 11.01 11.07 9.73 10.24 10.37 10.34 10.6
DII 0.09 0.17 0.24 0.17 0.17 0.2 0.41 0.47 0.39 0.53
Public 41.89 42.14 41.61 39.97 39.87 39.93 39.21 39.03 39.17 38.75
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Nava News

Nava Pros & Cons

Pros

  • Company has delivered good profit growth of 21% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 20%
  • Debtor days have improved from 51.55 to 50.44days.
  • Company is almost debt free.

Cons

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