Nava Limited
NSE: NAVA · Power Generation · sector
₹474.60NSE close 2026-10-26
Key numbers
Market cap₹13,449 cr
Price₹474.60
52w high / low₹739 / ₹475
P/E17.8xSector median 18.7x
P/B1.5xSector median 1.5x
Book value₹308.6
Dividend yield3.68%Sector median 1.39%
ROE9.2%Sector median 4.5%
ROCE13.3%Sector median 6.2%
OPM38.4%Sector median 33.3%
Debt / equity0.25xSector median 0.90x
EV/EBITDA7.4xSector median 9.8x
Interest cover111.2x
Current ratio7.62x
Sales growth 3y+6.7%Sector median +3.1%
Profit growth 3y-5.3%Sector median +19.3%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 35 companies in Power Generation (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹3,463 cr vs borrowings ₹2,221 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 111.2x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 0 of the last 5 years.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 27% of net profit in the last 12 months.
- Debtor days went from 169 (FY24) to 81 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹474.60 on 2026-10-26: -35.8% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹730.40 · low ₹364.10
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 900 | 842 | 1,018 | 1,193 | 964 | 991 | 1,143 | 1,212 |
| EBITDA | 414 | 450 | 382 | 588 | 315 | 443 | 371 | 526 |
| OPM % | 45.9% | 53.4% | 37.5% | 49.3% | 32.7% | 44.7% | 32.5% | 43.4% |
| Other income | 42 | 36 | 38 | 39 | 26 | 70 | 52 | 57 |
| Net profit | 251 | 250 | 234 | 308 | 129 | 222 | 127 | 277 |
| EPS (₹) | 8.65 | 4.31 | 8.10 | 10.89 | 4.57 | 7.84 | 4.49 | 9.80 |
| Revenue YoY | +7.0% | +17.6% | +12.2% | +1.6% | ||||
| Profit YoY | -48.4% | -11.3% | -45.8% | -10.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3,348 | 3,528 | 3,818 | 3,984 | 4,291 | 4,309 |
| EBITDA | 1,225 | 1,568 | 1,835 | 1,835 | 1,717 | 1,656 |
| Net profit | 602 | 928 | 944 | 1,091 | 787 | 756 |
| EPS (₹) | 17.82 | 31.96 | 32.52 | 37.63 | 27.80 | 26.70 |
| Revenue growth | +5.4% | +8.2% | +4.3% | +7.7% | +9.0% | |
| Profit growth | +54.0% | +1.7% | +15.7% | -27.9% | -27.6% | |
| Dividend / share (₹) | 2.50 | 6.00 | 6.00 | 8.00 | 9.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +6.7% | +11.0% | +9.0% |
| Net profit | -5.3% | +13.2% | -27.6% |
| EPS | -4.5% | +16.4% | – |
| Share price | – | +4.3% (2y) | -14.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 6,025 | 6,909 | 7,611 | 8,745 |
| Borrowings | – | 3,067 | 409 | 888 | 2,221 |
| Cash & equivalents | – | 847 | 786 | 1,489 | 3,463 |
| Total assets | – | 11,160 | 9,698 | 11,272 | 14,372 |
| Fixed assets | – | 5,149 | 5,040 | 5,012 | 5,189 |
| Capital work in progress | – | 47 | 50 | 575 | 2,185 |
| Investments | – | 38 | 35 | 597 | 61 |
| Receivables | – | 2,337 | 1,768 | 1,409 | 949 |
| Inventory | – | 688 | 603 | 818 | 666 |
| Payables | – | 156 | 170 | 168 | 285 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 608 | 1,223 | 3,174 | 2,173 | 2,312 |
| Cash from investing | -222 | 18 | -240 | -1,286 | -2,014 |
| Cash from financing | -415 | -1,184 | -3,066 | -163 | 645 |
| Capex | 63 | 100 | 166 | 852 | 1,807 |
| Free cash flow | 545 | 1,123 | 3,008 | 1,321 | 505 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 15.4% | 13.7% | 14.3% | 9.0% |
| ROCE % | – | 18.3% | 22.6% | 19.2% | 13.8% |
| Debtor days | – | 242 | 169 | 129 | 81 |
| Inventory days | – | 262 | 126 | 244 | 170 |
| Payable days | – | 59 | 35 | 50 | 73 |
| Cash conversion cycle (days) | – | 445 | 260 | 323 | 178 |
| Working capital days | – | 231 | 262 | 305 | 423 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 50.03% |
| FIIs | 9.74% |
| DIIs | 0.47% |
| of which Mutual funds | 0.38% |
| of which Insurance | 0.06% |
| Public (non-institutions) | 39.76% |
| Quarter | Mar 2025 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 50.13% | 50.13% | 50.13% | 50.13% | 50.10% | 50.11% | 50.03% | 50.03% |
| Promoter group | % |
|---|---|
| NAV Developers Limited | 11.36% |
| A N Investments Private Limited | 6.69% |
| SRT Investments PVT Ltd | 5.49% |
| Rajashree Pinnamaneni | 5.43% |
| RAJ Family Trust (Represented BY D Ashok, Managing Trustee and P Rajashree, Trustee) | 5.00% |
| Ramma Devineni | 2.85% |
| Devineni Nikhil | 2.04% |
| Trivikrama Prasad Pinnamaneni | 1.94% |
| Ashok Devineni | 1.88% |
| A9 Homes Private Limited | 1.88% |
| A V Dwellings Private Limited | 1.75% |
| V9 Avenues Private Limited | 1.59% |
| Nilima Alluri | 1.23% |
| DR. Rajasekhar Devineni Jointly With Ashok Devineni | 0.49% |
| Trivikrama Prasad Pinnamaneni HUF | 0.32% |
| Public holders above 1% | % |
|---|---|
| Sunitha Vemulapalli | 1.42% |
62,228 shareholders. Pledged: 0.00% of promoter shares.
Peers in Power Generation
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| NTPC | ₹2,90,900 cr | 10.5x | 1.4x | 14.3% | 8.7% | 30.9% | +2.1% | 3.01% |
| ADANIGREEN | ₹2,05,875 cr | 113.6x | 9.5x | 9.1% | 7.3% | 86.3% | +18.4% | 0.16% |
| JSWENERGY | ₹82,396 cr | 40.1x | 2.7x | 6.8% | 7.2% | 53.2% | +22.3% | 0.44% |
| NHPC | ₹70,878 cr | 18.7x | 1.7x | 9.4% | 5.0% | 47.4% | +3.1% | 3.33% |
| NTPCGREEN | ₹68,877 cr | 115.1x | 3.6x | 3.2% | 3.6% | 87.1% | – | – |
| NLCINDIA | ₹31,803 cr | 9.6x | 1.5x | 15.7% | 9.0% | 33.3% | +2.7% | 2.31% |
| ACMESOLAR | ₹26,965 cr | 39.0x | 5.3x | 12.6% | 8.6% | 87.6% | – | 0.09% |
| SJVN | ₹19,256 cr | 30.2x | 1.4x | 4.5% | 5.5% | 69.8% | +15.5% | 2.97% |
| CLEANMAX | ₹13,612 cr | 127.6x | 2.9x | 2.0% | 5.4% | 59.2% | – | – |
| NAVA | ₹13,449 cr | 17.8x | 1.5x | 9.2% | 13.3% | 38.4% | +6.7% | 3.68% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Energy | ₹3,748 cr | 69.0% | ₹1,409 cr | 37.6% |
| Ferro Alloys | ₹1,200 cr | 22.1% | ₹31 cr | 2.6% |
| Mining | ₹480 cr | 8.8% | ₹110 cr | 22.9% |
| Other | ₹4 cr | 0.1% | ₹-25 cr | -608.9% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-07 | Dividend | Dividend - Rs 5.50 Per Share |
| 2025-11-14 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2025-08-07 | Dividend | Dividend - Rs 6 Per Share |
| 2025-02-28 | Buyback | Buy Back |
| 2025-01-20 | Split | Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share |
| 2024-08-30 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2024-08-01 | Dividend | Dividend - Rs 4 Per Share |
| 2024-08-01 | Other | Annual General Meeting |
| 2023-07-24 | Other | Annual General Meeting |
| 2023-07-24 | Dividend | Dividend - Rs 6 Per Share |
| 2022-08-01 | Other | Annual General Meeting |
| 2022-08-01 | Dividend | Dividend - Rs 6 Per Share |
| 2021-08-18 | Dividend | Dividend - Rs 2.50 Per Share |
| 2021-08-18 | Other | Annual General Meeting |
| 2020-08-27 | Other | Annual General Meeting |
| 2020-03-09 | Dividend | Interim Dividend - Rs 1.5 Per Share |
| 2019-08-01 | Dividend | Annual General Meeting/Dividend- Rs 1.50 Per Share |
| 2018-07-30 | Dividend | Annual General Meeting/Dividend Rs 1.50/- Per Share |
| 2017-08-02 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2016-09-01 | Bonus | Bonus 1:1 |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Metal and metal products
- Electricity, gas, steam and air condition supply: Electric power generation, transmission and distribution
- Professional, Scientific and Technical activities: Other professional, Scientific and technical activities
| Sector | Utilities |
| Industry | Power Generation |
| Sub-industry | Power Generation |
| Symbol | NAVA |
| BSE code | 513023 |
| ISIN | INE725A01030 |
| Face value | ₹1.0 |
| Incorporated | 1972-11-07 |
| Website | http://www.navalimited.com |
| Plants (India / abroad) | 7 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.