Navneet Education Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹2,788 Cr
- P/E
- 22.29
- ROE
- 8.03%
- PEG
- -34.26
- Price to sales
- 1.62
- Debt to equity
- 0.05
- 52W high / low
- ₹165 / ₹119
- Sales growth (5Y)
- 15.64%
- EBITDA margin
- 14.23%
- Net profit margin
- 9.48%
- Promoter holding
- 63.29%
- Sales (last year)
- ₹1,715 Cr
Navneet Education Limited is primarily into manufacturing and trading of education books, reference books, technical & professional books in paper form and e-learning form, and also paper and non-paper based stationery products. [1]
Guidance scorecard · Q1 FY27 call
What Navneet Education Ltd's management guided
and where it ranks in Household Products
RevenueQ1 FY27 call
0–10%- Publication business expected to grow around 10% in FY27, driven by volume growth due to curriculum changes in Maharashtra and Gujarat.
- Higher grades contribute larger revenue; 2nd quarter anticipated to see significant revenue growth (Rs. 45-50 crore additional in Q2 vs Q1).
- Domestic Stationery to grow around 15-17% in the current year with ongoing brand investments and product innovation.
- Export Stationery expected to see around 5% degrowth this year due to geopolitical disruptions and lost back-to-school orders.
- Long-term growth in Publication business expected to be higher beyond FY27 due to curriculum changes.
- New product categories in Stationery to be introduced by year-end, though initial volumes will be modest.
2 more points from Navneet Education Ltd's call on revenue
Create a free account to keep reading this call
MarginsQ1 FY27 call
FlatSee what Navneet Education Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
None planned- No immediate thoughts on new investments as of now.
- Any future investments will focus on education-related technology due to rapid changes.
- Potential strategic investments may be considered if aligned with company goals.
- No plans to become financial investors in other companies.
2 more points from Navneet Education Ltd's call on capex
Create a free account to keep reading this call
FundraisingQ1 FY27 call
See what Navneet Education Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Flat- Visibility on curriculum change-driven demand for FY27 in Maharashtra and Gujarat remains moderate; no clarity yet from Gujarat state government for next year curriculum changes.
- Publication business expects around 10% growth for FY27, primarily volume-driven with no price increases.
- Q1 saw a spillover of Publication revenues to Q2 due to delayed textbook releases by state governments.
- Rs. 30-35 crore of Publication revenue relating to certain grades’ curriculum changes was deferred from Q1 to Q2.
- Orders related to export Stationery were disrupted due to geopolitical factors and inflation, leading to a (-5%) degrowth for the current year; back-to-school orders for US market were lost and cannot be recovered.
2 more points from Navneet Education Ltd's call on the order book
Create a free account to keep reading this call
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Household Products
on management's own guidance
- DOMS IndustriesModerate growth2
- Jyothy Labs LtdModerate growth1
- Flair Writing Industries LtdModerate growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Household Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | Jyothy Labs Ltd | 10–20% | Up 0–2% | ₹6,983 Cr | 24.6 |
| 2 | DOMS Industries | 10–20% | Flat | ₹12,772 Cr | 58.8 |
| 3 | Flair Writing Industries Ltd | 10–20% | Flat | ₹2,502 Cr | 17.9 |
| 4 | 10–20% | Flat | ₹2,331 Cr | 14.7 | |
| 5 | 0–10% | Flat | ₹530 Cr | 15.4 |
Sign up free to see every company in the sector ranking and track Navneet Education Ltd.
Pro shows every company guiding 40%+ revenue growth →Full Household Products rankingFinancials of Navneet Education Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Navneet Education Ltd
Quarterly Results
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 + | 409 | 791 | 266 | 259 | 435 | 798 | 272 | 282 | 434 | 794 | 247 | 250 | 430 |
| Expenses + | 356 | 583 | 270 | 260 | 355 | 577 | 270 | 264 | 355 | 567 | 246 | 258 | 377 |
| Operating Profit | 53 | 209 | -4 | -2 | 80 | 221 | 2 | 18 | 79 | 227 | 1 | -8 | 53 |
| OPM % | 13% | 26% | -2% | -1% | 18% | 28% | 1% | 6% | 18% | 29% | 0% | -3% | 12% |
| Other Income + | 4 | 11 | 74 | 3 | 5 | 669 | 11 | 27 | 0 | 8 | 4 | 248 | 20 |
| Interest | 4 | 8 | 4 | 4 | 5 | 7 | 4 | 4 | 5 | 6 | 4 | 4 | 3 |
| Depreciation | 20 | 13 | 15 | 16 | 21 | 15 | 15 | 17 | 19 | 17 | 18 | 21 | 23 |
| Profit before tax | 33 | 199 | 52 | -19 | 58 | 868 | -6 | 24 | 55 | 212 | -17 | 215 | 47 |
| Tax % | 31% | 27% | 31% | -30% | 18% | 14% | -17% | 38% | 13% | 26% | -12% | 13% | 17% |
| Net Profit + | 23 | 145 | 36 | -13 | 48 | 747 | -5 | 15 | 48 | 157 | -15 | 188 | 39 |
| EPS in Rs | 1.01 | 6.41 | 1.57 | -0.58 | 2.11 | 31.08 | -0.23 | 0.63 | 2.17 | 7.10 | -0.68 | 7.78 | 1.72 |
Financials of Navneet Education Ltd
Profit & Loss
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 + | 974 | 956 | 1,168 | 1,203 | 1,442 | 1,496 | 832 | 1,112 | 1,694 | 1,748 | 1,781 | 1,721 |
| Expenses + | 735 | 749 | 892 | 979 | 1,170 | 1,180 | 744 | 1,017 | 1,403 | 1,452 | 1,461 | 1,451 |
| Operating Profit | 239 | 207 | 275 | 223 | 272 | 315 | 88 | 94 | 291 | 296 | 319 | 270 |
| OPM % | 25% | 22% | 24% | 19% | 19% | 21% | 11% | 8% | 17% | 17% | 18% | 16% |
| Other Income + | 3 | 17 | 22 | 26 | 23 | 22 | 59 | 98 | 79 | 82 | 707 | 283 |
| Interest | 11 | 5 | 6 | 9 | 17 | 19 | 11 | 7 | 13 | 21 | 20 | 17 |
| Depreciation | 31 | 30 | 28 | 31 | 33 | 47 | 47 | 50 | 58 | 65 | 66 | 79 |
| Profit before tax | 200 | 190 | 264 | 210 | 245 | 272 | 89 | 135 | 298 | 291 | 940 | 457 |
| Tax % | 35% | 37% | 31% | 39% | 38% | 27% | 37% | 45% | 32% | 13% | 15% | 19% |
| Net Profit + | 130 | 107 | 171 | 127 | 153 | 197 | 56 | 74 | 204 | 252 | 804 | 369 |
| EPS in Rs | 5.47 | 4.51 | 7.30 | 5.45 | 6.68 | 8.62 | 2.44 | 3.34 | 9.04 | 11.12 | 34.28 | 15.91 |
| Dividend Payout % | 40% | 49% | 34% | 28% | 15% | 35% | 41% | 45% | 29% | 23% | 9% | 9% |
Financials of Navneet Education Ltd
Balance Sheet
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 | 48 | 48 | 47 | 47 | 46 | 46 | 46 | 45 | 45 | 45 | 44 | 44 |
| Reserves | 496 | 535 | 647 | 705 | 745 | 817 | 885 | 903 | 1,105 | 1,248 | 1,790 | 1,998 |
| Borrowings + | 144 | 103 | 159 | 244 | 337 | 278 | 74 | 135 | 288 | 258 | 200 | 108 |
| Other Liabilities + | 136 | 83 | 167 | 158 | 190 | 149 | 176 | 186 | 218 | 196 | 320 | 416 |
| Total Liabilities | 823 | 769 | 1,020 | 1,154 | 1,318 | 1,290 | 1,181 | 1,269 | 1,657 | 1,747 | 2,354 | 2,566 |
| Fixed Assets + | 170 | 181 | 252 | 255 | 252 | 298 | 261 | 249 | 240 | 250 | 346 | 396 |
| CWIP | 4 | 1 | 3 | 4 | 17 | 6 | 22 | 4 | 7 | 6 | 43 | 38 |
| Investments | 49 | 32 | 24 | 46 | 66 | 88 | 142 | 167 | 300 | 285 | 763 | 975 |
| Other Assets + | 599 | 556 | 740 | 849 | 984 | 898 | 755 | 850 | 1,109 | 1,206 | 1,201 | 1,157 |
| Total Assets | 823 | 769 | 1,020 | 1,154 | 1,318 | 1,290 | 1,181 | 1,269 | 1,657 | 1,747 | 2,354 | 2,566 |
Financials of Navneet Education Ltd
Cash Flows
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 + | 162 | 168 | 79 | 48 | 95 | 286 | 268 | 29 | -22 | 156 | 274 | 307 |
| Cash from Investing Activity + | -8 | -4 | -79 | -54 | -43 | -61 | -40 | -24 | -86 | -35 | 115 | -96 |
| Cash from Financing Activity + | -155 | -170 | -6 | -79 | -11 | -201 | -214 | -2 | 101 | -122 | -372 | -182 |
| Net Cash Flow | -1 | -6 | -6 | -85 | 41 | 23 | 14 | 3 | -6 | -1 | 17 | 29 |
| Free Cash Flow | 145 | 143 | 23 | 13 | 63 | 245 | 237 | 63 | -65 | 122 | 161 | 207 |
| CFO/OP | 95% | 117% | 56% | 61% | 70% | 115% | 332% | 78% | 16% | 79% | 111% | 120% |
Financials of Navneet Education Ltd
Ratios
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 | 71 | 71 | 87 | 97 | 74 | 65 | 81 | 80 | 71 | 77 | 71 | 71 |
| Inventory Days | 274 | 244 | 258 | 267 | 287 | 236 | 382 | 318 | 270 | 265 | 278 | 296 |
| Days Payable | 14 | 24 | 48 | 46 | 47 | 23 | 72 | 47 | 28 | 22 | 33 | 38 |
| Cash Conversion Cycle | 330 | 292 | 297 | 318 | 313 | 278 | 391 | 350 | 313 | 320 | 316 | 330 |
| Working Capital Days | 114 | 137 | 121 | 128 | 96 | 111 | 208 | 156 | 121 | 141 | 150 | 155 |
| ROCE % | 30% | 28% | 35% | 24% | 25% | 25% | 5% | 6% | 19% | 16% | 15% | 10% |
Guidance history
How Navneet Education Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 0–10% | Flat | None planned | — | Flat |
| Q4 FY26 call → | 10–20% | Up 2%+ | Planned | — | — |
| Q3 FY26 call → | 10–20% | Flat | Planned | — | Flat |
| Q2 FY26 call → | 10–20% | Flat | Planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
19 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −23.4% | 34% |
| Last 6 months | −13.0% | 34% |
| Last 3 months | −5.8% | 55% |
The price is 33.5% below its all-time high of ₹190.05 (9 Jun 2017). Stocks more than 20% below their peak have their score halved, so 38 became 19.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Navneet Education Ltd: 0.4 × 34 + 0.4 × 34 + 0.2 × 55 = 38, halved to 19 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Navneet Education Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q1 FY26 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
- Q4 FY23 earnings call →
Others in Household Products this season
- Eveready Industries India Ltd (Q2 FY27)
Q2 FY27 revenue: INR 428.2 crore, up 10.7% YoY from INR 386.8 crore in Q2 FY26 (Page 12) . Key investor presentation takeaways from Eveready Industries India Lt
- DOMS Industries Ltd (Q1 FY27)
Reynolds brand acquisition to contribute around 10% of overall revenue by FY29, operating as a parallel brand, mainly substituting existing capacity. Key…
- Flair Writing Industries Ltd (Q3 FY25)
. Key concall takeaways from Flair Writing's Q3 FY25 earnings call — and how it ranks against sector peers.
- Flair Writing Industries Ltd (Q1 FY27)
Q1 FY27 Capex: INR 43.42 crores total . Key concall takeaways from Flair Writing's Q1 FY27 earnings call — and how it ranks against sector peers.