| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 1,212 | 1,193 | +1.6% |
| EBITDA | 527 | 588 | −10.5% |
| EBITDA margin | 43.5% | 49.3% | −5.9 pts |
| Profit before tax | 480 | 536 | −10.5% |
| Net profit | 333 | 399 | −16.6% |
| EPS | ₹9.80 | ₹10.89 | −10.0% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 14,727 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 3,446 | 3,446 | 1,434 | 745 | 806 | ||
| 2,019 | 2,019 | 1,800 | 1,412 | 1,082 | ||
| 2,221 | 2,221 | 888 | 409 | 3,067 | ||
| 15,520 | — | — | — | — | ||
| 4,309 | 4,291 | 3,984 | 3,818 | 3,528 | ||
| — | +7.7% | +4.3% | +8.2% | — | ||
| 1,656 | 1,717 | 1,835 | 1,719 | 1,568 | ||
| 38.4% | 40.0% | 46.1% | 45.0% | 44.4% | ||
| 1,253 | 1,326 | 1,483 | 1,400 | 1,262 | ||
| 972 | 1,039 | 1,434 | 1,256 | 1,222 | ||
| 22.6% | 24.2% | 36.0% | 32.9% | 34.6% | ||
| ₹26.70 | ₹27.79 | ₹38.55 | ₹33.33 | ₹32.77 | ||
| — | −27.9% | +15.7% | +1.7% | — | ||
| — | 2,312 | 2,173 | 3,174 | 1,223 | ||
| — | −1,807 | −852 | −166 | −100 | ||
| 505 | 505 | 1,321 | 3,008 | 1,123 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 14,726.9 | |
| - Cash, Equiv & ST Investments | 806.0 | 744.7 | 1,433.8 | 3,446.4 | 3,446.4 | |
| + Minority Interest | 1,082.2 | 1,411.8 | 1,800.3 | 2,018.8 | 2,018.8 | |
| + Total Debt | 3,066.5 | 408.6 | 888.4 | 2,220.9 | 2,220.9 | |
| Enterprise Value | — | — | — | — | 15,520.1 | |
| Revenue | 3,528.1 | 3,818.1 | 3,983.5 | 4,290.9 | 4,309.5 | |
| Growth %, YoY | — | +8.2 | +4.3 | +7.7 | — | |
| EBITDA | 1,567.7 | 1,718.9 | 1,835.2 | 1,717.4 | 1,655.6 | |
| Margin % | 44.44 | 45.02 | 46.07 | 40.02 | 38.42 | |
| EBIT | 1,261.5 | 1,400.2 | 1,482.7 | 1,326.2 | 1,253.5 | |
| Net Income | 1,221.7 | 1,256.1 | 1,434.0 | 1,038.5 | 972.3 | |
| Margin % | 34.63 | 32.90 | 36.00 | 24.20 | 22.56 | |
| EPS, Adj (current shares) | 32.77 | 33.33 | 38.55 | 27.79 | 26.70 | |
| Growth %, YoY | — | +1.7 | +15.7 | -27.9 | — | |
| Cash from Operations | 1,223.4 | 3,173.5 | 2,173.1 | 2,312.3 | — | |
| Capital Expenditures | -100.5 | -165.5 | -851.9 | -1,807.2 | — | |
| Free Cash Flow | 1,123.0 | 3,008.0 | 1,321.2 | 505.1 | 505.1 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Nava (NSE: NAVA) had a market capitalisation of ₹14,418 crore at the 30 October 2026 close (₹508.80 a share), a PE ratio of 19.1 on the last four quarters' profit and a price-to-book ratio of 1.65. In FY26 its consolidated net profit attributable to shareholders was ₹787 crore on revenue of ₹4,291 crore; in Q1 FY27 (April–June 2026) it was ₹277 crore, down 10.0% year on year. Its debt-to-equity ratio was 0.21 on 31 March 2026. Promoters held 50.03% of the shares on 30 September 2026.
Nava's PE ratio is 19.1 at the 30 October 2026 close (₹508.80 a share): a market capitalisation of ₹14,418 crore divided by consolidated net profit attributable to shareholders of ₹756 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹787 crore) it is 18.3.
Nava's price-to-book (PB) ratio is 1.65 at the 30 October 2026 close: a market capitalisation of ₹14,418 crore divided by shareholders' equity (book value) of ₹8,745 crore on 31 March 2026. That is a book value of ₹308.61 per share against a share price of ₹508.80.
Nava's net worth — shareholders' equity in its consolidated balance sheet — was ₹8,745 crore on 31 March 2026, up 14.9% from ₹7,611 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹14,418 crore at the 30 October 2026 close.
Nava's market capitalisation was ₹14,418 crore at the 30 October 2026 close: 28.34 crore shares at ₹508.80 each.
Nava's basic earnings per share (EPS) were ₹27.80 in FY26, against ₹37.63 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹26.70.
In 2026, Nava has declared one dividend: ₹5.50 with record date 7 August 2026.
No. Nava had borrowings of ₹2,221 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.21. Its cash and current investments were ₹3,463 crore, so it held net cash of ₹1,242 crore.
Nava's debt-to-equity ratio was 0.21 on 31 March 2026: borrowings of ₹2,221 crore against total equity of ₹10,764 crore. A year earlier, on 31 March 2025, it was 0.09.
Promoters held 50.03% of Nava on 30 September 2026, unchanged from the previous quarter and down 0.10 percentage points from 50.13% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Nava's return on equity (ROE) was 9.6% and its return on capital employed (ROCE) was 11.0%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 15.0% and ROCE 15.1%.
On 30 September 2026, Nava's shares were held by promoters 50.03%, foreign portfolio investors (FII/FPI) 9.74%, domestic institutions (DII) 0.47% (including mutual funds at 0.38%) and retail and other non-institutional investors 39.76%. Over the year, FII holding was down 0.63 percentage points from 10.37% and DII holding was unchanged.
On FY26 consolidated figures, against Jaiprakash Power Ventures, ACME Solar Holdings and Ujaas Energy: Nava's operating margin of 30.9% is the second highest of the four (Jaiprakash Power Ventures 16.1%, ACME Solar Holdings 64.9%, Ujaas Energy −26.5%; peer average 18.2%); its return on equity of 9.6% is the second highest of the four (Jaiprakash Power Ventures 3.6%, ACME Solar Holdings 10.4%, Ujaas Energy 3.6%; peer average 5.9%).
Nava's book value per share was ₹308.61 on 31 March 2026: shareholders' equity of ₹8,745 crore divided by the 28.34 crore shares in issue, up 14.8% from ₹268.83 a year earlier. The share price at the 30 October 2026 close was ₹508.80.
Nava's dividend yield is 1.67% at the 30 October 2026 close: dividends of ₹8.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹508.80. They were ₹5.50 on 7 August 2026 and ₹3 on 14 November 2025 (interim).
Nava's latest results are for Q1 FY27 (April–June 2026), filed on 14 August 2026: consolidated net profit attributable to shareholders ₹277 crore, down 10.0% from ₹308 crore in Q1 FY26; revenue from operations ₹1,212 crore, up 1.6% year on year.
In FY26, Nava generated ₹2,312 crore of cash from operations and spent ₹1,807 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹505 crore. In FY25 it was ₹1,321 crore.
In FY26 (April 2025–March 2026), Nava's consolidated net profit attributable to shareholders was ₹787 crore, down 27.9% from ₹1,091 crore in FY25, on revenue from operations of ₹4,291 crore (up 7.7%). Over three years, from FY23, net profit was down 15.2%.
Nava has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
At the 30 October 2026 closing prices, on FY26 net profit attributable to shareholders, Nava's PE ratio is 18.3, the lowest of the four: Jaiprakash Power Ventures 19.3, ACME Solar Holdings 57.3 and Ujaas Energy 785.8, a peer average of 287.5. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Nava earned net profit attributable to shareholders of ₹787 crore on revenue of ₹4,291 crore, against ₹451 crore on ₹5,563 crore for Jaiprakash Power Ventures. Nava's operating margin was 30.9% (Jaiprakash Power Ventures 16.1%) and its return on equity 9.6% (Jaiprakash Power Ventures 3.6%). At the 30 October 2026 close, Nava's market capitalisation was ₹14,418 crore against ₹8,718 crore for Jaiprakash Power Ventures, and its PE ratio on FY26 profit 18.3 against 19.3.
From Nava's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.