Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Nava Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 881 | 1,042 | 922 | 930 | 924 | 1,222 | 900 | 842 | 1,018 | 1,193 | 964 | 991 | 1,143 |
| Expenses + | 534 | 506 | 563 | 520 | 542 | 632 | 487 | 393 | 637 | 605 | 648 | 549 | 772 |
| Operating Profit | 347 | 536 | 359 | 410 | 382 | 590 | 414 | 450 | 382 | 588 | 315 | 443 | 371 |
| OPM % | 39% | 51% | 39% | 44% | 41% | 48% | 46% | 53% | 37% | 49% | 33% | 45% | 32% |
| Other Income + | 117 | 37 | 40 | 180 | 27 | 36 | 45 | 32 | 37 | 39 | 26 | 70 | 52 |
| Interest | 91 | 80 | 95 | 46 | 53 | 9 | 7 | 6 | 5 | 1 | 3 | 1 | 7 |
| Depreciation | 78 | 78 | 78 | 81 | 82 | 86 | 88 | 88 | 90 | 90 | 94 | 116 | 91 |
| Profit before tax | 295 | 416 | 226 | 464 | 274 | 531 | 363 | 388 | 324 | 536 | 244 | 396 | 325 |
| Tax % | -16% | 18% | 15% | -0% | 7% | 16% | 9% | 9% | 7% | 25% | 27% | 18% | 58% |
| Net Profit + | 341 | 343 | 193 | 465 | 255 | 446 | 332 | 353 | 303 | 399 | 178 | 326 | 136 |
| EPS in Rs | 8.50 | 9.00 | 5.11 | 11.31 | 7.11 | 12.26 | 8.65 | 8.63 | 8.28 | 10.88 | 4.58 | 7.84 | 4.49 |
Financials of Nava Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,814 | 1,612 | 1,350 | 2,348 | 2,946 | 2,759 | 2,548 | 3,348 | 3,528 | 3,818 | 3,984 | 4,291 |
| Expenses + | 1,504 | 1,246 | 1,163 | 1,555 | 1,585 | 1,565 | 1,479 | 2,029 | 1,959 | 2,087 | 2,148 | 2,574 |
| Operating Profit | 310 | 366 | 187 | 793 | 1,361 | 1,194 | 1,070 | 1,319 | 1,569 | 1,731 | 1,835 | 1,717 |
| OPM % | 17% | 23% | 14% | 34% | 46% | 43% | 42% | 39% | 44% | 45% | 46% | 40% |
| Other Income + | 113 | 85 | 135 | 69 | 35 | 10 | 246 | 211 | 400 | 242 | 150 | 186 |
| Interest | 112 | 88 | 72 | 246 | 362 | 319 | 348 | 338 | 397 | 275 | 26 | 12 |
| Depreciation | 79 | 84 | 90 | 228 | 276 | 294 | 300 | 295 | 306 | 319 | 352 | 391 |
| Profit before tax | 233 | 280 | 159 | 388 | 757 | 590 | 668 | 896 | 1,266 | 1,379 | 1,607 | 1,501 |
| Tax % | 10% | -6% | 42% | 28% | 55% | 10% | 18% | 36% | 3% | 9% | 11% | 31% |
| Net Profit + | 209 | 297 | 93 | 278 | 339 | 531 | 551 | 573 | 1,222 | 1,256 | 1,434 | 1,039 |
| EPS in Rs | 5.77 | 7.94 | 2.44 | 6.66 | 7.73 | 11.22 | 13.53 | 17.84 | 42.10 | 43.28 | 38.57 | 27.80 |
| Dividend Payout % | 22% | 9% | 21% | 11% | 10% | 7% | 9% | 17% | 7% | 5% | 21% | 20% |
Financials of Nava Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 18 | 18 | 36 | 36 | 36 | 35 | 30 | 29 | 29 | 29 | 28 | 28 |
| Reserves | 2,894 | 3,205 | 3,127 | 3,349 | 3,653 | 4,150 | 4,382 | 4,924 | 5,996 | 6,880 | 7,583 | 8,717 |
| Borrowings + | 1,538 | 3,708 | 4,389 | 4,008 | 3,438 | 3,492 | 3,392 | 3,587 | 3,074 | 414 | 893 | 2,226 |
| Other Liabilities + | 1,463 | 792 | 890 | 838 | 1,213 | 1,605 | 1,832 | 2,161 | 2,014 | 2,346 | 2,758 | 3,401 |
| Total Liabilities | 5,912 | 7,722 | 8,441 | 8,230 | 8,340 | 9,283 | 9,636 | 10,701 | 11,114 | 9,668 | 11,262 | 14,372 |
| Fixed Assets + | 2,065 | 2,156 | 2,148 | 6,143 | 5,965 | 6,019 | 5,639 | 5,546 | 5,664 | 5,559 | 5,528 | 5,753 |
| CWIP | 2,247 | 3,574 | 3,969 | 10 | 6 | 17 | 17 | 17 | 47 | 50 | 575 | 2,185 |
| Investments | 106 | 57 | 411 | 175 | 155 | 124 | 314 | 529 | 450 | 514 | 1,042 | 1,408 |
| Other Assets + | 1,495 | 1,935 | 1,913 | 1,903 | 2,214 | 3,122 | 3,665 | 4,609 | 4,953 | 3,546 | 4,118 | 5,027 |
| Total Assets | 5,912 | 7,722 | 8,441 | 8,230 | 8,340 | 9,283 | 9,636 | 10,701 | 11,114 | 9,668 | 11,262 | 14,372 |
Financials of Nava Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 891 | -126 | 39 | 201 | 824 | 527 | 758 | 608 | 1,223 | 3,174 | 2,157 | 2,312 |
| Cash from Investing Activity + | -866 | -1,380 | -690 | 267 | 1 | 7 | -216 | -212 | 28 | -237 | -1,270 | -2,014 |
| Cash from Financing Activity + | -57 | 2,016 | 648 | -813 | -878 | -482 | -473 | -415 | -1,184 | -3,066 | -163 | 645 |
| Net Cash Flow | -32 | 510 | -3 | -345 | -52 | 52 | 69 | -19 | 67 | -129 | 724 | 944 |
| Free Cash Flow | -112 | -1,578 | -477 | 126 | 693 | 397 | 725 | 545 | 1,136 | 3,008 | 1,305 | 529 |
| CFO/OP | 313% | -15% | 46% | 34% | 65% | 50% | 78% | 62% | 87% | 191% | 128% | 153% |
Financials of Nava Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 27 | 47 | 45 | 113 | 171 | 290 | 131 | 117 | 242 | 169 | 129 | 81 |
| Inventory Days | 215 | 181 | 218 | 144 | 160 | 170 | 199 | 148 | 262 | 175 | 244 | 170 |
| Days Payable | 278 | 67 | 49 | 46 | 54 | 45 | 49 | 34 | 71 | 49 | 50 | 73 |
| Cash Conversion Cycle | -36 | 161 | 215 | 211 | 277 | 415 | 281 | 231 | 433 | 294 | 323 | 178 |
| Working Capital Days | -294 | 8 | -55 | 34 | 95 | 151 | -60 | -61 | 143 | 188 | 170 | 243 |
| ROCE % | 7% | 6% | 2% | 8% | 15% | 13% | 12% | 15% | 17% | 16% | 17% | 13% |