Nava Ltd.

NSE: NAVA · Power

₹529.15-0.99%06 Nov 2026

Ask the data

Instant answers about Nava Ltd. — computed from its filings, no language model

Market cap₹14,995 cr

Current price₹529.15

High / Low₹730 / ₹475

P/E19.8

P/B1.71

Book value₹308.6

ROE8.6%

ROCE13.3%

Debt / equity0.25

Dividend yield3.30%

EPS (TTM)₹26.67

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	2,348	3,103	2,759	2,548	3,348	3,528	3,818	3,984	4,291
EBITDA	793	1,328	1,078	1,069	1,319	1,568	1,719	1,835	1,717
Operating margin	33.8%	42.8%	39.1%	42.0%	39.4%	44.4%	45.0%	46.1%	40.0%
Interest	246	351	319	348	338	397	275	26	12
Depreciation	228	292	289	300	295	306	319	352	391
Profit before tax	388	777	593	672	889	1,264	1,378	1,608	1,502
Tax	110	312	60	117	323	44	123	173	462
Net profit	238	358	395	423	602	928	944	1,091	787
EPS ₹	13.54	21.56	24.10	26.00	35.65	63.93	65.04	37.63	27.80
Operating cash flow	—	—	—	—	608	1,223	3,174	2,173	2,312
Capex	—	—	—	—	63	-100	166	852	1,807
Dividend paid	—	—	—	—	36	86	86	115	495
Total assets	8,231	8,472	9,366	9,690	—	11,160	9,698	11,272	14,372
Equity	3,385	3,689	4,185	4,411	—	6,025	6,909	7,611	8,745

Quarterly performance

last 33 quarters · ₹ crore

showing latest 8 of 33 periods

	MAR '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	885	768	819	774	800	681	543	809	599	600	660	689	558	823	950	1,016	1,025	742	880	881	1,042	922	930	924	1,222	900	842	1,018	1,193	964	991	1,143	1,212
Operating profit	413	343	374	303	316	259	215	238	282	241	273	260	178	338	408	403	463	271	399	347	536	359	410	382	590	414	450	382	588	315	443	371	526
Operating margin	46.6%	44.7%	45.7%	39.2%	39.5%	38.0%	39.5%	29.4%	47.1%	40.2%	41.4%	37.8%	31.9%	41.1%	43.0%	39.6%	45.1%	36.5%	45.4%	39.4%	51.4%	38.9%	44.1%	41.3%	48.3%	45.9%	53.4%	37.5%	49.3%	32.7%	44.7%	32.5%	43.4%
Other income	29	35	29	36	5	34	11	104	32	73	50	107	54	66	55	123	89	139	141	119	36	40	65	28	36	42	36	38	39	26	70	52	57
Interest	90	94	91	79	80	84	78	74	106	86	78	78	83	88	84	83	89	108	110	91	80	95	46	53	9	7	6	5	1	3	1	7	2
Depreciation	76	72	74	76	75	77	76	71	76	75	75	73	72	73	74	76	75	75	78	78	78	78	81	82	86	88	88	90	90	94	116	91	101
Profit before tax	275	212	237	184	166	132	72	196	131	155	170	215	77	126	274	413	387	227	353	297	415	226	464	274	531	361	392	324	536	244	397	325	480
Tax	62	71	107	105	44	33	17	13	35	22	9	52	38	144	84	58	48	52	-10	-46	73	33	-1	19	85	31	35	21	137	66	70	189	146
Net profit	174	141	130	71	96	68	55	143	69	102	0	134	38	25	169	331	412	137	245	247	261	148	328	206	356	251	250	234	308	129	222	127	277
EPS ₹	9.87	5.86	6.28	4.27	5.78	4.16	2.69	8.73	4.21	6.22	7.25	8.37	3.13	2.14	11.60	18.77	20.58	9.44	16.87	17.00	17.99	10.20	22.60	14.21	24.51	17.30	8.62	8.10	10.89	4.57	7.84	4.49	9.80
Revenue YoY	—	—	—	-12.6%	—	-11.4%	-33.6%	4.6%	-25.1%	-11.8%	21.5%	-14.9%	-6.9%	37.1%	43.9%	47.6%	83.7%	-9.9%	-7.4%	-13.3%	1.7%	24.3%	5.7%	4.8%	17.3%	-2.3%	-9.4%	10.2%	-2.4%	7.0%	17.6%	12.2%	1.6%
Profit YoY	—	—	—	-59.2%	—	-51.6%	-57.8%	102.0%	-28.2%	49.5%	-100.0%	-6.0%	-44.1%	-75.8%	—	146.0%	970.3%	458.6%	45.4%	-25.4%	-36.6%	7.9%	33.9%	-16.4%	36.2%	69.3%	-23.7%	13.7%	-13.4%	-48.4%	-11.3%	-45.8%	-10.0%

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Nava Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 9 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	1,279	1,181	1,093	975	1,124	1,101	1,153	989	972
Operating profit	548	559	338	223	299	256	174	118	148
Operating margin	42.8%	47.3%	31.0%	22.8%	26.6%	23.3%	15.1%	12.0%	15.2%
Other income	16	26	35	69	60	48	44	65	65
Interest	30	31	22	16	14	18	28	33	50
Depreciation	38	44	46	47	48	62	36	34	37
Profit before tax	496	510	306	228	297	223	153	116	125
Tax	41	11	1	47	58	30	10	5	42
Net profit	455	499	306	181	238	193	142	111	83

Quarters

showing latest 8 of 42 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	160	252	344	290	399	286	303	357	245	264	315	290	288	247	268	238	260	234	244	271	294	266	293	252	248	286	314	306	289	278	280	201	242	244	302	207	223	256	286	291	291	312
Operating profit	67	101	160	174	165	98	112	154	132	148	125	116	93	57	73	59	33	40	91	74	72	70	84	59	60	64	73	70	41	38	25	16	16	30	56	38	23	33	54	33	51	53
Operating margin	41.8%	40.2%	46.4%	59.9%	41.2%	34.1%	36.8%	43.1%	54.0%	56.2%	39.5%	39.9%	32.4%	23.1%	27.1%	24.7%	12.8%	17.1%	37.3%	27.2%	24.4%	26.4%	28.6%	23.4%	24.4%	22.4%	23.1%	22.8%	14.3%	13.8%	8.8%	7.9%	6.8%	12.4%	18.5%	18.2%	10.5%	12.9%	18.8%	11.3%	17.6%	16.9%
Other income	2	5	4	2	2	2	9	2	8	8	8	8	7	8	13	13	15	18	23	16	15	14	15	9	7	6	26	7	8	9	19	12	17	14	21	31	5	26	2	11	19	8
Interest	4	5	3	6	7	9	8	9	7	7	8	8	6	4	4	4	4	3	5	4	3	3	4	4	3	3	8	8	7	7	6	6	6	9	12	13	10	11	17	5	4	3
Depreciation	5	8	7	7	8	10	13	10	10	12	12	10	10	11	14	11	11	12	14	11	11	12	14	11	11	12	28	8	7	8	12	7	7	9	11	8	8	9	12	8	8	10
Profit before tax	60	94	154	164	151	81	100	137	123	138	113	105	84	50	67	57	34	43	94	75	72	69	81	57	53	55	59	62	34	32	25	15	20	27	54	48	11	39	27	31	58	48
Tax	8	19	24	37	32	-20	-8	1	3	5	3	-0	-0	1	1	6	9	10	22	10	10	12	27	7	5	5	13	5	2	2	1	2	1	6	-4	21	5	10	6	9	16	16
Net profit	52	75	129	127	119	101	109	136	120	132	110	106	85	49	66	52	24	33	72	65	62	57	54	50	47	49	46	56	32	30	24	13	19	21	58	27	6	29	21	22	41	32
EPS ₹	7.63	10.41	17.07	16.30	15.22	12.98	15.18	17.51	15.42	16.98	15.59	13.82	11.10	6.46	8.41	6.75	3.00	3.61	7.86	7.29	6.99	6.40	6.01	5.63	5.28	5.53	5.19	6.30	3.62	3.30	2.74	1.45	2.17	2.38	6.48	2.99	—	1.63	1.20	1.24	2.35	1.80
Revenue YoY	—	—	—	—	150.2%	13.6%	-11.7%	22.8%	-38.6%	-7.9%	4.0%	-18.8%	17.5%	-6.5%	-15.0%	-18.0%	-9.8%	-5.3%	-8.9%	14.3%	13.3%	13.7%	19.9%	-7.0%	-15.9%	7.7%	7.4%	21.3%	16.8%	-2.9%	-11.0%	-34.5%	-16.2%	-12.1%	8.0%	3.4%	-8.0%	4.6%	-5.4%	40.5%	30.7%	22.2%
Profit YoY	—	—	—	—	127.3%	34.3%	-16.1%	7.5%	1.2%	30.8%	1.4%	-22.6%	-29.4%	-62.7%	-39.9%	-51.2%	-71.1%	-34.1%	9.4%	26.3%	155.5%	75.8%	-25.9%	-22.8%	-24.5%	-13.6%	-13.7%	12.0%	-31.5%	-40.3%	-47.3%	-77.0%	-40.1%	-28.0%	136.2%	105.7%	-69.5%	36.8%	-63.0%	-17.9%	599.7%	8.5%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 29 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	11.8%	9.9%	7.8%	8.6%	8.0%	8.8%	7.5%	6.9%	6.2%	4.5%	8.3%	12.7%	21.2%	19.0%	20.4%	17.3%	14.8%	14.1%	15.4%	13.7%	15.0%	15.4%	14.4%	14.3%	13.7%	11.4%	11.0%	9.0%	8.6%
ROCE	17.3%	15.9%	13.2%	12.7%	12.6%	13.0%	14.4%	15.1%	14.0%	13.6%	15.2%	18.2%	22.9%	17.8%	18.9%	18.3%	18.5%	21.3%	21.9%	22.6%	23.2%	21.6%	20.2%	19.2%	19.2%	15.6%	15.6%	13.8%	13.3%
Net margin	13.8%	11.9%	10.3%	12.8%	12.7%	14.4%	11.7%	12.0%	10.9%	7.2%	12.1%	16.8%	24.5%	28.1%	30.7%	29.5%	25.1%	24.2%	26.1%	24.7%	26.0%	28.7%	27.3%	27.4%	26.4%	23.0%	21.5%	18.3%	17.5%
EBITDA margin	42.3%	40.8%	39.1%	36.3%	37.7%	38.3%	38.8%	41.5%	38.0%	38.4%	39.2%	39.6%	42.2%	41.4%	41.9%	42.0%	43.8%	44.1%	43.8%	44.2%	43.5%	45.1%	47.2%	46.1%	46.4%	43.2%	41.5%	40.0%	38.4%
Debt / equity	0.80	0.80	0.80	0.66	0.66	0.66	0.66	0.53	0.53	0.53	0.53	0.53	0.53	0.70	0.70	0.51	0.51	0.22	0.22	0.06	0.06	0.09	0.09	0.12	0.12	0.20	0.20	0.25	0.25
Interest coverage	3.32	3.15	2.72	2.79	2.55	2.61	2.89	2.93	2.90	2.79	3.07	3.63	4.48	4.58	4.55	4.18	4.33	4.43	5.49	6.02	8.36	15.27	22.07	63.15	87.73	101.68	157.35	126.80	111.19
Asset turnover	0.37	0.36	0.33	0.30	0.28	0.27	0.28	0.26	0.26	0.28	0.31	0.35	0.39	0.31	0.31	0.32	0.32	0.37	0.37	0.39	0.41	0.38	0.37	0.35	0.35	0.32	0.33	0.30	0.30

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 16 periods

	MAR '14‡	MAR '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	18	18	18	36	36	36	35	30	29	29	29	29	29	28	28	28
Other equity / reserves	2,715	2,645	2,930	3,127	3,349	3,653	4,150	4,382	5,484	5,996	6,357	6,880	7,360	7,583	8,074	8,717
Total equity	2,733	2,663	2,948	3,162	3,385	3,689	4,185	4,411	5,513	6,025	6,386	6,909	7,389	7,611	8,102	8,745
Borrowings	851	796	3,383	3,689	3,449	2,939	2,748	2,325	3,862	3,067	1,426	409	678	888	1,591	2,221
Current liabilities	—	2,380	795	1,157	1,147	1,143	1,653	1,810	2,501	1,931	523	682	799	673	578	751
Non-current liabilities	—	374	3,430	3,846	3,381	3,264	2,977	2,804	3,089	2,122	1,945	695	737	1,188	1,932	2,853
Total assets	4,945	5,912	7,722	8,441	8,231	8,472	9,366	9,690	11,963	11,160	10,075	9,698	10,531	11,272	12,496	14,372
Property, plant & equipment	1,711	1,715	1,785	1,761	5,753	5,553	5,540	5,173	5,248	5,149	5,071	5,040	4,906	5,012	5,116	5,189
Capital work-in-progress	1,321	2,247	3,574	3,969	10	6	17	17	37	47	73	50	171	575	1,359	2,185
Investments	177	106	55	411	175	155	124	314	538	450	435	514	773	1,042	1,480	1,408
Inventories	539	632	0	400	404	420	399	295	479	688	607	603	667	818	688	666
Receivables	111	135	208	166	726	1,378	2,193	2,788	4,186	3,498	2,559	2,310	1,928	1,747	987	949
Cash & equivalents	198	166	626	623	278	226	278	347	508	395	299	266	853	989	1,737	2,099

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 13 periods

	FY14‡	FY15‡	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	716	891	-126	39	201	824	527	758	608	1,223	3,174	2,173	2,312
Cash from investing	-1,168	-866	-1,390	-678	266	-15	-12	-210	-222	18	-240	-1,286	-2,014
Cash from financing	48	-57	2,016	648	-813	-878	-482	-473	-415	-1,184	-3,066	-163	645
Capex	1,207	1,004	1,452	516	80	132	130	33	63	-100	166	852	1,807
Free cash flow	-491	-113	-1,578	-477	121	693	396	725	545	1,324	3,008	1,321	505
Dividends paid	49	41	42	25	20	30	60	0	36	86	86	115	495

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹5,189 cr36%

CWIP

₹2,185 cr15%

Investments

₹1,408 cr10%

Inventories

₹666 cr5%

Receivables

₹949 cr7%

Cash & equivalents

₹2,099 cr15%

Other assets

₹1,877 cr13%

Peer comparison

largest in Power · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Adani Power Ltd.	3,93,967	204.29	21.6	5.13	23.7%
NTPC Ltd.	3,13,639	323.45	10.6	1.47	13.9%
Power Grid Corporation of India Ltd.	2,41,723	259.90	14.9	2.26	15.2%
Adani Green Energy Ltd.	2,34,549	1,424.10	125.2	10.86	8.7%
Adani Energy Solutions Ltd.	1,78,233	1,457.40	48.1	5.69	11.8%
Tata Power Co. Ltd.	1,12,645	352.50	29.2	2.85	9.8%
JSW Energy Ltd.	96,224	524.95	41.5	2.62	6.3%
NHPC Ltd.	82,450	82.08	19.1	1.88	9.9%
NTPC Green Energy Ltd.	69,627	82.63	106.0	3.59	3.4%
Torrent Power Ltd.	64,051	1,271.10	26.5	3.05	11.5%
Nava Ltd.	14,995	529.15	19.8	1.71	8.6%

StoxGud checklist: Neutral setup · 5/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-7.2%

6 months-26.1%

1 year-15.3%

3Y CAGR+37.2%

5Y CAGR+54.3%

10Y CAGR+22.8%

50-day avg₹542.14

200-day avg₹580.24

RSI (14)45

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FAQs

What is the share price of Nava Ltd.?

Nava Ltd. (NAVA) closed at ₹529.15 on NSE on 06 Nov 2026.

What is the market cap of Nava Ltd.?

₹14,995 crore at the latest close.

What is the P/E ratio of Nava Ltd.?

19.8, on trailing-twelve-month earnings from its filings.

How fast is Nava Ltd. growing?

Nava Ltd.: revenue has compounded at 6.7% a year over three years; net profit at -5.3% a year. Latest-quarter revenue is up 1.6% year on year, profit down 10.0%.

How profitable is Nava Ltd.?

On a trailing-twelve-month basis return on equity is 8.6%, return on capital employed 13.3%, operating margin 38.4%, net margin 17.5%.

How much debt does Nava Ltd. have?

Nava Ltd. is lightly geared: debt to equity is 0.25 with borrowings of ₹2,221 cr against cash of ₹2,099 cr (balance sheet of 2026-03-31). Operating profit covers interest 111.2 times.

Financials parsed from Nava Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Mar '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.