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About
Nava Ltd (NAVA)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513023 NSE: NAVA Ferro & Silica Manganese | Small Cap | Nava Share Price
₹560.30 7.95 (1.44%)
As on 29-Jul'26 14:29
Nava Ltd (NAVA)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513023 NSE: NAVA Ferro & Silica Manganese | Small Cap | Nava Share Price
₹560.30 7.95 (1.44%)
As on 29-Jul'26 14:29
Key Metrics
Valuation Multiples
Market Cap
₹15,646 Cr.
Current Price
₹560.3
52-Week Low / High
₹503 / 739
TTM EPS
₹32.2
TTM Sales
₹1,925 Cr.
Book Value per Share
₹151
P/E Ratio
17.15
Lower than its 5-year historical median
Industry PE
14.7
Price to Book (P/B)
3.66
Higher than its 5-year historical median
Price to Sales (P/S)
8.13
Higher than its 5-year historical median
EV/EBITDA
22.25
Higher than its 5-year historical median
Dividend Yield
1.52%
Profitability Efficiency
Return on Equity (ROE)
23.17%
Outperforms industry median
Return on Capital Employed (ROCE)
26.96%
Outperforms industry median
Return on Assets (ROA)
21.34%
Operating Profit Margin
20.8%
Net Profit Margin
47.4%
Gross Profit Margin
36.4%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
19.4%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
2.87%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
115.48%
Asset Quality
Promoter Holding
50.03%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹4,249 Cr.
Equity
₹28.3 Cr.
Face Value
₹1
All Time Low / High
₹0.49 / 739.20
Check Before You Invest
Quality
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Valuation
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Price Trend
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Is Nava Ltd a good quality company?
Nava Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Nava Ltd performance compare with that of its Peers?
Revenue growth of Nava Ltd vs industry peers?
Nava Ltd revenue CAGR is 13.39%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Promoter shareholding and pledge status of Nava Ltd?
Promoters hold 50.03% of the Nava Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Nava Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 25.2% based on the current price.
10 Year X-Ray : Login to view analysis.
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Nava Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 5.3% | 8.4% | 8.7% | 6.8% | 8% | 17.4% | 11.3% | 8.2% | 14.5% | 27% | - |
| Value Creation Index ⓘ | -0.6 | -0.4 | -0.4 | -0.5 | -0.4 | 0.2 | -0.2 | -0.4 | 0.1 | 1.0 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 954 | 1,310 | 1,215 | 1,080 | 1,027 | 1,678 | 1,600 | 1,468 | 1,612 | 1,925 | 1,925 |
| Sales YoY Gr. | - | 37.3% | -7.2% | -11.1% | -4.9% | 63.4% | -4.7% | -8.3% | 9.8% | 19.4% | - |
| Adj EPS ⓘ | 2.5 | 4.7 | 4.3 | 3.6 | 5.3 | 13.4 | 10.4 | 7.3 | 14.6 | 22.2 | 32.2 |
| YoY Gr. | - | 86.5% | -7.9% | -16.9% | 48.9% | 152.2% | -22.4% | -30.1% | 100% | 52.3% | - |
| BVPS (₹) ⓘ | 73.5 | 77.6 | 81.4 | 83.8 | 100.6 | 113.7 | 121.8 | 126.2 | 127.5 | 150.8 | 151 |
| Adj Net Profit ⓘ | 89.7 | 167 | 154 | 126 | 158 | 390 | 303 | 212 | 413 | 628 | 913 |
| Cash Flow from Ops. ⓘ | 172 | 59 | 201 | 152 | 376 | 323 | 48.3 | 251 | 214 | 347 | - |
| Debt/CF from Ops. ⓘ | 1.7 | 5.7 | 1.6 | 2 | 0.5 | 0.6 | 2.7 | 0 | 0.1 | 0.1 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 8.1% | 13.4% | 6.4% | 19.4% | ||||
| Adj EPS ⓘ | 27.4% | 33% | 28.7% | 52.3% | ||||
| BVPSⓘ | 8.3% | 8.4% | 7.4% | 18.3% | ||||
| Share Price | 25.3% | 56.3% | 45.3% | -7.3% | ||||
Key Financial Parameters ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 3.4 | 6.2 | 5.4 | 4.3 | 5.3 | 12.4 | 8.9 | 5.9 | 11.4 | 15.9 | 21.3 |
| Op. Profit Mgn % ⓘ | 16.8 | 19.4 | 20.2 | 18.5 | 24.2 | 33.5 | 23.8 | 17.2 | 23.4 | 20.8 | 20 |
| Net Profit Mgn % ⓘ | 9.4 | 12.8 | 12.7 | 11.7 | 15.3 | 23.2 | 18.9 | 14.4 | 25.6 | 32.7 | 47.4 |
| Debt to Equity ⓘ | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 |
| Working Cap Days ⓘ | 423 | 287 | 355 | 347 | 247 | 150 | 200 | 229 | 211 | 187 | 135 |
| Cash Conv. Cycle ⓘ | 97 | 84 | 117 | 150 | 133 | 74 | 117 | 146 | 147 | 115 | 116 |
Profit And Loss
(All Figures are in Crores.)| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 954 | 1,310 | 1,215 | 1,080 | 1,027 | 1,678 | 1,600 | 1,468 | 1,612 | 1,925 |
| Operating Expenses ⓘ + | 809 | 1,066 | 984 | 881 | 780 | 1,116 | 1,223 | 1,215 | 1,237 | 1,539 |
| Operating Profit ⓘ | 145 | 243 | 231 | 199 | 247 | 562 | 377 | 253 | 375 | 386 |
| Operating Profit Margin (%) | 15.2% | 18.6% | 19.0% | 18.4% | 24.0% | 33.5% | 23.5% | 17.2% | 23.3% | 20.0% |
| Other Income ⓘ + | 51 | 46 | 77 | 52 | 40 | 78 | 61 | 80 | 188 | 317 |
| Interest ⓘ | 37 | 15 | 20 | 21 | 14 | 12 | 13 | 6 | 3 | 2 |
| Depreciation ⓘ | 37 | 37 | 32 | 32 | 32 | 33 | 32 | 32 | 34 | 34 |
| Profit Before Tax ⓘ | 123 | 237 | 255 | 199 | 242 | 564 | 393 | 294 | 527 | 1,070 |
| Tax ⓘ | 43 | 76 | 91 | 68 | 84 | 189 | 72 | 76 | 103 | 158 |
| Profit After Tax | 80 | 162 | 164 | 131 | 158 | 374 | 321 | 218 | 423 | 912 |
| PAT Margin (%) | 8.3% | 12.3% | 13.5% | 12.1% | 15.4% | 22.3% | 20.1% | 14.9% | 26.3% | 47.4% |
| Adjusted EPS (₹) | 2.2 | 4.5 | 4.6 | 3.7 | 5.4 | 12.9 | 11.1 | 7.5 | 15.0 | 32.2 |
| Dividend Payout Ratio (%) | 22.40% | 16.60% | 16.30% | 20.20% | 23.40% | 23.30% | 27.10% | 26.60% | 53.50% | 26.40% |
Valuation of Nava - Standalone
Analyst's Notes
No data found!
Balance Sheet
(All Figures are in Crores.)| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 2,625 | 2,770 | 2,907 | 2,953 | 2,977 | 3,299 | 3,533 | 3,662 | 3,608 | 4,268 | |
| Debt + | 213 | 212 | 229 | 227 | 145 | 160 | 99 | 9 | 23 | 37 | |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Trade Payables | 71 | 81 | 81 | 51 | 41 | 52 | 100 | 58 | 73 | 98 | |
| Others Liabilities ⓘ | 36 | 87 | 119 | 116 | 151 | 273 | 200 | 172 | 236 | 205 | |
| Total Liabilities ⓘ | 2,946 | 3,150 | 3,336 | 3,348 | 3,313 | 3,784 | 3,932 | 3,902 | 3,941 | 4,608 | |
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 835 | 811 | 790 | 703 | 693 | 664 | 655 | 661 | 648 | 588 | |
| CWIP ⓘ | 7 | 6 | 2 | 8 | 2 | 7 | 27 | 8 | 9 | 20 | |
| Investments ⓘ | 1,093 | 1,213 | 1,233 | 1,764 | 1,885 | 2,122 | 2,106 | 2,239 | 2,132 | 2,998 | |
| Inventories | 233 | 288 | 337 | 327 | 194 | 278 | 506 | 435 | 614 | 451 | |
| Trade Receivables | 98 | 173 | 190 | 194 | 157 | 202 | 220 | 220 | 196 | 179 | |
| Cash Equivalents | 36 | 32 | 29 | 40 | 76 | 201 | 130 | 124 | 129 | 45 | |
| Others Assets ⓘ | 643 | 627 | 755 | 313 | 308 | 309 | 289 | 214 | 213 | 327 | |
| Total Assets ⓘ | 2,946 | 3,150 | 3,336 | 3,348 | 3,313 | 3,784 | 3,932 | 3,902 | 3,941 | 4,608 | |
Cash Flow
(All Figures are in Crores.)| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | 172 | 59 | 201 | 152 | 376 | 323 | 48 | 251 | 214 | 347 |
| Cash Flow From Investing Activity ⓘ + | 51 | -67 | -147 | -7 | -84 | -149 | 22 | -28 | 250 | -185 |
| Cash Flow From Financing Activity ⓘ + | -204 | 6 | -59 | -134 | -256 | -53 | -157 | -213 | -466 | -243 |
| Net Cash Flow ⓘ | 19 | -2 | -4 | 12 | 37 | 121 | -87 | 10 | -3 | -81 |
Financial Ratio
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 3.02 | 5.99 | 5.78 | 4.47 | 5.34 | 11.93 | 9.39 | 6.07 | 11.65 | 23.17 |
| ROCE (%) | 5.3 | 8.38 | 8.7 | 6.78 | 7.99 | 17.35 | 11.34 | 8.2 | 14.49 | 26.96 |
| Asset Turnover Ratio | 0.32 | 0.43 | 0.37 | 0.32 | 0.31 | 0.47 | 0.41 | 0.37 | 0.41 | 0.45 |
| PAT to CFO Conversion(x) | 2.15 | 0.36 | 1.23 | 1.16 | 2.38 | 0.86 | 0.15 | 1.15 | 0.51 | 0.38 |
| Working Capital Days | ||||||||||
| Receivable Days | 49.50 | 37.70 | 54.50 | 64.80 | 62.20 | 39 | 48.10 | 54.70 | 47.10 | 35.60 |
| Inventory Days | 82.70 | 72.70 | 93.90 | 112.30 | 92.60 | 51.30 | 89.40 | 117 | 118.80 | 101 |
| Payable Days | 53 | 36 | 41.70 | 39.40 | 31.50 | 21.80 | 32.70 | 32.70 | 27.40 | 27.90 |
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Nava Ltd FAQs
The current trading price of Nava on 29-Jul-2026 14:29 is ₹560.3.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Jul-2026 the market cap of Nava stood at ₹15,645.6 Cr
The latest P/E ratio of Nava as of 28-Jul-2026 is 17.15.
The latest P/B ratio of Nava as of 28-Jul-2026 is 3.66.
The 52-week high of Nava is ₹739.2 and the 52-week low is ₹502.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nava is ₹1,925 ( Cr.) .
Past 10 year's financial track record analysis by Moneyworks4me indicates that Nava Ltd is a average quality company.
The key valuation ratios of Nava Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nava Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
About Nava Ltd
Nava Bharat Ventures Limited is a major company of a multinational industrial group whose businesses diversified in Ferro Alloys, Power, Mining, Agribusiness and Healthcare Services spread over India, South East Asia, and Africa. Nava Bharat Ventures Limited was incorporated in India on November 7, 1972 under the Companies Act, 1956. The Company’s equity shares are listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Business area of the company
The company is engaged in the business of manufacture of ferro alloys, generation of power and rendering of operation and maintenance services from its principle place of business located in Paloncha, Hyderabad, Kharagprasad and Samalkot in the states of Telangana, Odisha and Andhra Pradesh, respectively.
Business verticals
- Ferro Alloys
- Energy
- Operation & Maintenance
- Mining
- Agribusiness
- Healthcare
Award
2014-15:
- Silver Award for Best Distillery in Andhra Pradesh for the Season 2013-14 from The South Indian Sugarcane & Sugar Technologists’ Association (Sugar Division received this award)
- 15th National Award for Excellence in Energy Management 2014 as Energy Efficient Unit from Confederation of Indian Industry (Odisha Works received this award).
- Certificate of Appreciation for Commendable Performance for the Season 2013-14 from The South Indian Sugarcane & Sugar Technologists’ Association, Chennai (Sugar Division received this award)
- Regional Export Award as Star Performer - Large Enterprise (Ferro Alloys) in recognition of outstanding contribution to Engineering Exports for 2012-13 from EEPCINDIA, Southern Region.
2015-16:
- National Award for Excellence in Energy Management 2015 as Energy Efficient Unit from Confederation of Indian Industry (Sugar Division received this award).
- “Pollution Control Excellence Award” under the category – Industry. The Company’s Unit in Odisha bagged this award from State Pollution Control Board, Odisha for the recognition of effective pollution control measures and sound environment management practices for the year 2015.
- “National Safety Council Award”
2016-17:
- National Award for Excellence in Energy Management 2016 as Excellent Energy Efficient Unit from Confederation of Indian Industry (The Odisha Works and Sugar Division received this award). NBVL’s step down subsidiary NBEIL received the award as Energy Efficient Unit
- Star Performer - Large Enterprise (Ferro Alloys) for Export Excellence for the year 2014-15 from EEPCINDIA, Southern Region
- Netmagic Futurist Award for IT - Excellence in Manufacturing Segment, focusing on deployment of Next Generation Business Applications, from Netmagic, India’s leading Managed Hosting and Cloud service provider
2017-18:
- CII-ITC Sustainability Awards 2017 - NBVL, Paloncha is awarded “Commendation for Significant Achievement in Corporate Social Responsibility”, for Commendable Results from Deployment of Policy and Processes on the journey to Excellence in Sustainable Business.
- Gold Award for Best Technical Efficiency in the State of Andhra Pradesh from South Indian Sugarcane & Sugar Technologists Association (SISSTA) for the season 2016- 17 (The award was received by Sugar Division).
- Silver Award for Best Co-generation in the State of Andhra Pradesh from South Indian Sugarcane & Sugar Technologists Association (SISSTA) for the season 2016- 17 (The award was received by Sugar Division).
- National Award for Excellence in Energy Management, 2017 for Excellent Energy Efficient Unit from Confederation of Indian Industry (The Power Plant – Odisha received this award under the category of Captive Power Plant).
2018-19:
- “Best CSR Performer” in the segment of Large Industry, by Industries and Commerce Department, Government of Telangana, at the “Industry Awards – 2018” function (Paloncha works received this award).
- National Award for Excellence in Energy Management, 2018 for Excellent Energy Efficient Unit from Confederation of Indian Industry (CII), Hyderabad (The Power Plant, Odisha, received this award).
- National Award for Excellence in Energy Management, 2018 for Energy Efficient Unit from Confederation of Indian Industry (CII), Hyderabad (Ferro Alloy Plant, Odisha, received this award).
- National Award for Excellence in Energy Management, 2018 for Energy Efficient Unit from Confederation of Indian Industry (CII), Hyderabad (The Sugar Division, Andhra Pradesh, received this award).
- National Award for Excellence in Energy Management, 2018 for Energy Efficient Unit from Confederation of Indian Industry (CII) (Eastern Region), Kolkata (Odisha works received this award).
- Golden Award for Best Co-Generation in AP for the season 2017-18 from South Indian Sugarcane & Sugar Technologists Association (SISSTA) (The Sugar Division, Andhra Pradesh, received this award).
- Silver Award for Best Technical Efficiency in AP for the season 2017-18 from South Indian Sugarcane & Sugar Technologists Association (SISSTA) (The Sugar Division, Andhra Pradesh, received this award).
2019-20:
- “Silver Award” for Best Co-Generation in Andhra Pradesh State from South Indian Sugarcane & Sugar Technologists Association (SISSTA) for the season 2018-19, at the 49th Annual Convention of SISSTA, held in Chennai.
- “Energy Efficient Unit” award under the category of Power Sector – Captive Power Plant, from Confederation of Indian Industry (CII), at the 20th National Award for Excellence in Energy Management.
- “Energy Efficient Unit” award under the category of Metal Sector, from Confederation of Indian Industry (CII) at the 20th National Award for Excellence in Energy Management.
Milestones
- 1975: Commenced production of ferro silicon at Paloncha, Telangana
- 1980: Diversified into production of sugar and downstream products at Samalkot, A.P. 1989: Commenced commercial production of manganese and chrome alloys
- 1997: Diversified into power generation by catering to captive requirements and selling surplus power.
- 2010: Acquired a large coal mining company (Maamba Collieries Limited) in Zambia.
- 2015: Financial closure for integrated coal and power project of Maamba Collieries Limited in Zambia
- 2016: Commissioned 300 MW power plant of Maamba Collieries Limited in Zambia.
- 2017: Commenced commercial operations of 300 MW power plant of Maamba Collieries Limited in Zambia
- 2017: Foray into Health Care Services in Singapore
- 2017: Established & commenced commercial operations of Ash Products Plant at Paloncha, Telangana
- 2018: Successful completion of first year Operations of 300 MW Maamba power plant
- 2019: The company made several rapid strides along several fronts, bagging a slew of industry honors and awards along the way
- 2020: Nava Bharat Ventures has entered into a Conversion Agreement with Tata Steel Mining (TSML), wholly owned subsidiary of Tata Steel (TSL), with which similar arrangement subsisted, for conversion of high carbon ferro chrome
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