# Nava share price today (Nava Ltd, NSE: NAVA)

> Nava share price today: ₹515.25 at the NSE close on 3 November 2026, down 16.7% in a year. Nava (NSE: NAVA) is worth ₹14,593 crore, trades at a P/E of 19.2 and has closed between ₹474.65 and ₹727.05 over the past 52 weeks. > Nava Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. NAVA · Diversified · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/nava-ltd

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹515.25 (−16.7% in a year)
- P/E: 19.2× (higher than 85% of the last 11 years)
- Revenue (Jun 2026): ₹1,212 Cr (+1.6% on a year ago)
- Profit (Jun 2026): ₹333 Cr (−16.5% on a year ago)
- Operating margin: 43.0% (−6.0 points on a year ago)
- ROCE: 13%, FY26
- ROIC: 6.8%, against a 12.0% cost of capital: −5.2 points

Biggest thing to watch: the P/E is higher than 85% of its own history, so the multiple has already done part of the work. ## What is the Nava share price today? Nava Ltd's share price was ₹515.25 at the close on 3 November 2026. It has been falling for 10 weeks. That is 9.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹475 and ₹727, and at that close it sat 16% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 22 weeks running. Over the last 11 years the share price moved +1,213% while the NIFTY 500 moved +249%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 19 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Nava this quarter? 2. Profit down on a year earlier for 5 quarters in a row In the June 2026 quarter profit was ₹333 crore, -16.5% on a year earlier. Why: Profit fell because Zambian energy's operating profit before interest, tax and depreciation was lower, mainly from a smaller reversal of money set aside for bad debts, and the call gave no operating reason. Next results: check whether the Kwacha to US dollar rate stabilizes, since a tax charge tied to it may reverse. From the earnings call on 14 Aug 2026. 3. Revenue up on a year earlier for 4 quarters in a row In the June 2026 quarter revenue was ₹1,212 crore, +1.6% on a year earlier. ## What are Nava's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Nava reported revenue of ₹1,212 crore, up 1.6% from ₹1,193 crore a year earlier, and a profit of ₹333 crore, down 16.5% from ₹399 crore. ### Nava results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,212 crore | ₹1,193 crore | +1.6% |
| Profit | ₹333 crore | ₹399 crore | −16.5% |
| Earnings per share | ₹9.79 | ₹10.88 | −10.0% |
| Operating margin | 43.0% | 49.0% | −6.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Nava's management discussed these results on a call held on 14 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Nava share price history? Nava closed at ₹515.25 on 3 November 2026, down 16.7% from ₹618.80 a year earlier (31 October 2025) and up 796.1% over five years. Its highest weekly close since March 2016 was ₹727.05 on 8 May 2026. ### Nava share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹474.65 | +8.6% |
| 1 month ago · 1 Oct 2026 | ₹552.50 | −6.7% |
| 6 months ago · 30 Apr 2026 | ₹661.85 | −22.2% |
| 1 year ago · 31 Oct 2025 | ₹618.80 | −16.7% |
| 3 years ago · 3 Nov 2023 | ₹205.98 | +150.1% |
| 5 years ago · 4 Nov 2021 | ₹57.50 | +796.1% |
| 10 years ago · 4 Nov 2016 | ₹68.70 | +650.0% |
| Earliest weekly close in our records · 4 Mar 2016 | ₹39.24 | +1,213.1% |
| Highest weekly close since March 2016, also the 52-week high · 8 May 2026 | ₹727.05 | −29.1% |
| Lowest weekly close since March 2016 · 15 May 2020 | ₹17.28 | +2,881.8% |
| 52-week low (weekly close) · 23 Oct 2026 | ₹474.65 | +8.6% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 4 March 2016 to 3 November 2026.)

## What is the latest news on Nava? 3 Nov 2026: Nava closed at ₹515.25, up 8.6% on the week and down 6.7% on the month. 14 Aug 2026: Nava held its results call for April to June 2026. Management guided: MEL Phase II's additional 300MW: total commissioning by July to September 2026-28, around July next year; no material capital spending impact expected. ### Earlier

- 7 Aug 2026: ex-date for a dividend of ₹5.50 a share. - Results for April to June 2026: Revenue up 1.6% and profit down 16.5% on a year earlier. - 14 Nov 2025: ex-date for an interim dividend of ₹3 a share. - 20 Jan 2025: Share split: face value cut from ₹2 to ₹1 a share (ex-date). ## What dividend does Nava pay? Nava paid ₹8.50 a share in regular dividends in the 12 months to 4 November 2026 (2 payments), a yield of 1.65% at the ₹515.25 close on 3 November 2026. The last was a dividend of ₹5.50 a share, ex-date 7 August 2026. ### Nava dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 7 Aug 2026 | ₹5.50 | Dividend | same day |
| 14 Nov 2025 | ₹3 | Interim | same day |
| 7 Aug 2025 | ₹6 | Dividend | same day |
| 30 Aug 2024 | ₹4 | Interim | 1 Sep 2024 |
| 1 Aug 2024 | ₹4 | Dividend | same day |
| 24 Jul 2023 | ₹6 | Dividend | same day |
| 1 Aug 2022 | ₹6 | Dividend | 2 Aug 2022 |
| 18 Aug 2021 | ₹2.50 | Dividend | 20 Aug 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Nava Ltd paid out 31% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Nava management say on the latest results call? On the call for April to June 2026, held on 14 August 2026, Nava's management guided: MEL Phase II's additional 300MW: total commissioning by July to September 2026-28, around July next year; no material capital spending impact expected. > “Right now, we are looking at the total commissioning of both units by Q2 FY27-28, around the July timeframe of next year.”
> Management, on the call for April to June 2026

### What management guided

- Phase II return on equity about 15%. - 100MW solar project commissioning shortly, with further spending on the space under consideration. - Sustainable Zambian energy operating margin around 45-50%. - Consolidated operating margin around 35-40% after inter-segment transfer-price eliminations. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/1563/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 14 August 2026.)

## What to watch in Nava's next results? When Nava reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: MEL Phase II commissioning - check execution against the latest timetable after the cited delay. - What to check (from the call)
- MEL Phase II commissioning - check execution against the latest timetable after the cited delay. - Zambia solar commissioning - check COD and initial revenue contribution as the project nears completion. - Kwacha-USD stabilization - check whether deferred-tax expense reverses or recurs at the reporting date. - Metals after the Odisha restart - check sales recovery and margin stability in the next quarterly print. ## Which stock lists is Nava on? Nava is on 2 of our India lists: Dividend stocks and Small & mid cap stocks. - [Dividend stocks Regular dividend yield (%): 1.65](https://www.sectoralpha.in/dividend-stocks-india)
- [Small & mid cap stocks Size rank in India: 446](https://www.sectoralpha.in/small-cap-stocks-india)

## Is Nava profitable? Nava Ltd earned ₹333 Cr of net profit in the Jun 2026 quarter, −16.5% on the same quarter a year earlier. Full-year FY26 profit was ₹1,039 Cr. Over 10 years profit has grown 13.3% a year on average. That is 27.5% of the quarter's revenue. The same quarter a year earlier earned ₹399 Cr. Why profit moved: revenue changed +1.6% on a year earlier and the margin moved −6.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −31.4% and revenue +9.7%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Nava make, and is it growing? Nava Ltd reported ₹1,212 Cr of revenue in the Jun 2026 quarter, +1.6% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 10.3% a year on average. The last full year, FY26, came in at ₹4,291 Cr. The last four reported quarters add to ₹4,310 Cr. FY26 revenue was ₹4,291 Cr, +7.7% on the year before. Recent pace: the last four quarters grew +9.7% on average, against 10.3% a year over the longer run, so this year is growing at about the same pace as its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +9.0%, against +3.8% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −29.8%, against −15.4% a year (rolling over). ## How much of every ₹100 of sales does Nava keep? Nava Ltd's operating margin was 43.0% in the Jun 2026 quarter, 6.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 14.0% and 46.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −5.9 percentage points on the year while gross margin changed +6.0 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Nava's profit turning into cash? Over the last 3 years, 205% of Nava Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹2,312 Cr of operating cash against ₹1,039 Cr of profit. After ₹2,226 Cr of spending on assets, ₹86.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 205% of profit came in as cash: the cash cycle got 103 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 3.1× depreciation over three years. The next section checks what that spending is building. ## Where does Nava's cash go? Nava Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 178 days in FY26, down from 281 days in FY21. It spent ₹3,289 Cr on assets over the last 3 years. Customers take 81 days to pay, and stock sits for 170 days on average. At FY26 sales of ₹4,291 Cr, each day of that cycle ties up about ₹11.8 Cr, so roughly ₹2,093 Cr is tied up in the business at any time. FY26: customers took 81 days to pay and stock sat for 170 days, about 5.6 months of sales sitting as stock, for a full cycle of 178 days, shorter than FY21's 281. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 170 days. Customers pay about 81 days after that. Suppliers are paid at 73 days. Together that makes the 178-day cycle. Spending on assets: ₹3,289 Cr over the last 3 years, against ₹1,062 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹2,185 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Nava's P/E ratio, and how does it compare with its own history? Nava Ltd's P/E is 19.2×, near the high end of its own history: higher than 85% of past readings. Its usual P/E (the middle reading) is 7.1×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −27.9% while the price moved −16.7%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +55.0% a year; about +14.4% a year came from earnings growth and about +40.6 percentage points from the multiple (the market paying more); over 10 years the price moved +22.3% a year; about +17.0% a year came from earnings growth and about +5.3 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Nava business getting better or worse? Nava Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −29.8% in the latest quarter, against +41.2% at its best in 12 quarters, with ROCE steady at 12.0%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Nava earn on its capital? Nava Ltd earned a ROCE of 13% in FY26. That is up from a low of 2% in FY17. Its return on capital used (ROIC) is 5.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 24.2% net margin and 0.30× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 24.2% net margin × 0.30× asset turnover × 1.64× leverage (assets divided by equity) ≈ 11.9% on equity. The margin does most of the work; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 6.8% − 12.0% = −5.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Nava have too much debt? Nava Ltd has total debt of ₹2,226 Cr against shareholder equity of ₹10,764 Cr as of Jun 2026, so its debt is 0.21× its equity, which is very little. Year by year, that ratio went from 0.63 in FY22 to 0.21 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Nava shareholding pattern? Foreign institutions cut their stake in Nava Ltd by 1.3 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 9.7% of the company. Promoters moved +1.2 points over the same period, to 50.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −1.3 points over 8 quarters, to 9.7%; Promoters: +1.2 points over 8 quarters, to 50.0%; Domestic institutions: +0.3 points over 8 quarters, to 0.5%. Why the owners changed: foreign institutions drove it (−1.3 points), with the other side taken by promoters (+1.2 points). They reduced their stake. ## How far is Nava from balance-sheet trouble? For Nava Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Nava rank in its industry? 46.2 out of 100, rank 11 of 20 in Diversified, with 93% of the evidence available. Nava Ltd scores 46.2 out of 100 against the 20 companies it is compared with in Diversified, ranking 11. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 9.7 + 15.5 + 12.9 + 8.1 = 46.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Nava compared with? Nava ranks 11 of 20 Diversified companies on the 4-Factor Sector Score, with 46.2 out of 100. 1. [Indiabulls Limited](https://www.sectoralpha.in/stocks/indiabulls-limited) IBULLSLTD · leader · Most evidence points up · 67% evidence 67.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.7/35 · Revenue 100% · Profit 100% · Operating margin change 28 points · 71% evidence Capital efficiency 10.7/25 · ROCE 8.2% · Operating margin 43% · 76% evidence Valuation 10.4/20 · P/E 14.5× · PEG n/a · 15% evidence Relative strength 19.3/20 · Lead over its industry 51.7% · Lead over NIFTY 500 52.3% · 1 year 44.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 26.7 + 10.7 + 10.4 + 19.3 = 67.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Sobhagya Mercantile Ltd](https://www.sectoralpha.in/stocks/sobhagya-mercantile-ltd) leader · Evidence leans up · 80% evidence 61.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.9/35 · Revenue 21.9% · Profit 8.1% · Operating margin change -0.5 points · 95% evidence Capital efficiency 18.1/25 · ROCE 23.4% · Operating margin 14.4% · 95% evidence Valuation 8.9/20 · P/E 68.1× · PEG n/a · 15% evidence Relative strength 18.9/20 · Lead over its industry 41.2% · Lead over NIFTY 500 43.8% · 1 year 45.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 15.9 + 18.1 + 8.9 + 18.9 = 61.8 · What this means: Relative strength against the index is 43.8%, and revenue and profit growth are weak. 3. [Kalind Ltd](https://www.sectoralpha.in/stocks/kalind-ltd) basing · Evidence leans up · 87% evidence 59.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.4/35 · Revenue 100% · Profit 100% · Operating margin change 21 points · 95% evidence Capital efficiency 17.1/25 · ROCE 32% · Operating margin 63% · 95% evidence Valuation 12.4/20 · P/E 7.6× · PEG n/a · 50% evidence Relative strength 0.0/20 · Lead over its industry -64% · Lead over NIFTY 500 -62.8% · 1 year -37.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 30.4 + 17.1 + 12.4 + 0 = 59.9 · What this means: Earnings are strong; relative strength in its sector is -64% and the one-year return is -37.8%. 4. [Grasim Industries Ltd](https://www.sectoralpha.in/stocks/grasim-industries-ltd) GRASIM · turning · Evidence leans up · 82% evidence 59.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 19.5% · Profit 33.1% · Operating margin change 1 points · 95% evidence Capital efficiency 13.1/25 · ROCE 8% · Operating margin 23% · 76% evidence Valuation 7.6/20 · P/E 35.4× · PEG n/a · 50% evidence Relative strength 14.5/20 · Lead over its industry 3.9% · Lead over NIFTY 500 6.4% · 1 year 3.1% · 100% evidence · 4 of 12 weeks ahead Exact sum: 23.8 + 13.1 + 7.6 + 14.5 = 59 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [BCL Industries Ltd](https://www.sectoralpha.in/stocks/bcl-industries-ltd) BCLIND · quiet · Evidence leans up · 82% evidence 54.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.4/35 · Revenue -13.1% · Profit 15.2% · Operating margin change 3 points · 95% evidence Capital efficiency 14.1/25 · ROCE 13.9% · Operating margin 10% · 76% evidence Valuation 13.3/20 · P/E 7.6× · PEG n/a · 50% evidence Relative strength 7.7/20 · Lead over its industry -5.5% · Lead over NIFTY 500 -3.2% · 1 year -24.5% · 100% evidence · 3 of 12 weeks ahead Exact sum: 19.4 + 14.1 + 13.3 + 7.7 = 54.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Balmer Lawrie & Company Ltd](https://www.sectoralpha.in/stocks/balmer-lawrie-company-ltd) BALMLAWRIE · basing · Evidence leans up · 82% evidence 54.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.5/35 · Revenue 8.9% · Profit 3.8% · Operating margin change 1 points · 95% evidence Capital efficiency 15.4/25 · ROCE 14.6% · Operating margin 13% · 76% evidence Valuation 14.4/20 · P/E 9.5× · PEG n/a · 50% evidence Relative strength 8.2/20 · Lead over its industry -9.7% · Lead over NIFTY 500 -7.2% · 1 year -23.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.5 + 15.4 + 14.4 + 8.2 = 54.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [3M India Ltd](https://www.sectoralpha.in/stocks/3m-india-ltd) 3MINDIA · quiet · Evidence leans up · 85% evidence 53.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 15.7% · Profit 16.1% · Operating margin change -3 points · 100% evidence Capital efficiency 20.7/25 · ROCE 50% · Operating margin 17% · 100% evidence Valuation 2.5/20 · P/E 74.1× · PEG 3.29 · 100% evidence Relative strength 8.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.3% · 1 year -1.9% · 25% evidence · 3 of 12 weeks ahead Exact sum: 21.4 + 20.7 + 2.5 + 8.5 = 53.1 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [Texmaco Infrastructure & Holdings Ltd](https://www.sectoralpha.in/stocks/texmaco-infrastructure-holdings-ltd) TEXINFRA · leader · Evidence leans up · 75% evidence 51.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue 5.5% · Profit 100% · Operating margin change -37.9 points · 95% evidence Capital efficiency 7.7/25 · ROCE 1.4% · Operating margin -48.8% · 76% evidence Valuation 8.5/20 · P/E 159× · PEG n/a · 15% evidence Relative strength 17.1/20 · Lead over its industry 11% · Lead over NIFTY 500 13.6% · 1 year 9.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.2 + 7.7 + 8.5 + 17.1 = 51.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Bluspring Enterprises Ltd](https://www.sectoralpha.in/stocks/bluspring-enterprises-ltd) BLUSPRING · leader · Evidence leans up · 60% evidence 51.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.6/35 · Revenue 11.7% · Profit 100% · Operating margin change 0.5 points · 95% evidence Capital efficiency 6.3/25 · ROCE 5.8% · Operating margin 2.2% · 76% evidence Valuation 9.6/20 · P/E 47.6× · PEG n/a · 15% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 73.2% · 1 year 86.5% · 25% evidence · 12 of 12 weeks ahead Exact sum: 22.6 + 6.3 + 9.6 + 12.5 = 51 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Nurture Well Industries Ltd](https://www.sectoralpha.in/stocks/nurture-well-industries-ltd) basing · Evidence leans down · 80% evidence 46.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.6/35 · Revenue 34% · Profit 27% · Operating margin change 1 points · 95% evidence Capital efficiency 14.3/25 · ROCE 22.9% · Operating margin 11% · 95% evidence Valuation 11.5/20 · P/E 7.5× · PEG n/a · 15% evidence Relative strength 1.3/20 · Lead over its industry -35.9% · Lead over NIFTY 500 -33.2% · 1 year -24.8% · 100% evidence · 1 of 12 weeks ahead Exact sum: 19.6 + 14.3 + 11.5 + 1.3 = 46.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. Nava Ltd this page NAVA · basing · Evidence leans down · 93% evidence 46.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.7/35 · Revenue 9% · Profit -29.9% · Operating margin change -6 points · 100% evidence Capital efficiency 15.5/25 · ROCE 12.8% · Operating margin 43% · 100% evidence Valuation 12.9/20 · P/E 19× · PEG 1.15 · 65% evidence Relative strength 8.1/20 · Lead over its industry -9.6% · Lead over NIFTY 500 -7.2% · 1 year -17.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 9.7 + 15.5 + 12.9 + 8.1 = 46.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 12. [Rossell India Ltd](https://www.sectoralpha.in/stocks/rossell-india-ltd) ROSSELLIND · Evidence leans down · 63% evidence 41.6 out of 100 Growth Capital Valuation Relative
13. [Tube Investments of India Ltd](https://www.sectoralpha.in/stocks/tube-investments-of-india-ltd) TIINDIA · quiet · Evidence leans down · 100% evidence 39.0 out of 100 Growth Capital Valuation Relative
14. [Swan Corp Ltd](https://www.sectoralpha.in/stocks/swan-corp-ltd) SWANCORP · quiet · Most evidence points down · 60% evidence 31.9 out of 100 Growth Capital Valuation Relative
15. [Andrew Yule & Company Ltd](https://www.sectoralpha.in/stocks/andrew-yule-company-ltd) ANDREWYU · quiet · Most evidence points down · 65% evidence 28.6 out of 100 Growth Capital Valuation Relative
16. [Integrated Industries Ltd](https://www.sectoralpha.in/stocks/integrated-industries-ltd) IIL · Too little evidence to rank firmly · 36% evidence 59.2 out of 100 Growth Capital Valuation Relative
17. [Piramal Enterprises Ltd(Merged)](https://www.sectoralpha.in/stocks/piramal-enterprises-ltd-merged) PEL · Too little evidence to rank firmly · 34% evidence 46.4 out of 100 Growth Capital Valuation Relative
18. [Arunis Abode Ltd](https://www.sectoralpha.in/stocks/arunis-abode-ltd) ARUNIS · Too little evidence to rank firmly · 31% evidence 42.4 out of 100 Growth Capital Valuation Relative
19. [Kesar Enterprises Ltd](https://www.sectoralpha.in/stocks/kesar-enterprises-ltd) KESAR · Too little evidence to rank firmly · 37% evidence 36.1 out of 100 Growth Capital Valuation Relative
20. [Bharat Global Developers Ltd](https://www.sectoralpha.in/stocks/bharat-global-developers-ltd) BGDL · Too little evidence to rank firmly · 49% evidence 31.7 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Diversified](https://www.sectoralpha.in/sectors/diversified), all 20 compared on one page. ## Which companies are close to Nava in size? Nava is the 5th largest of 20 Diversified companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Tube Investments of India, 3M India and Piramal Enterprises Ltd(Merged). Just below it: Swan Corp, Indiabulls and Balmer Lawrie & Company. ### Diversified companies close in size

1. [Tube Investments of India Ltd](https://www.sectoralpha.in/stocks/tube-investments-of-india-ltd) ₹41,037 crore
2. [3M India Ltd](https://www.sectoralpha.in/stocks/3m-india-ltd) ₹32,672 crore
3. [Piramal Enterprises Ltd(Merged)](https://www.sectoralpha.in/stocks/piramal-enterprises-ltd-merged) ₹25,483 crore
4. Nava Ltd ₹14,416 crore
5. [Swan Corp Ltd](https://www.sectoralpha.in/stocks/swan-corp-ltd) ₹7,126 crore
6. [Indiabulls Limited](https://www.sectoralpha.in/stocks/indiabulls-limited) ₹7,036 crore
7. [Balmer Lawrie & Company Ltd](https://www.sectoralpha.in/stocks/balmer-lawrie-company-ltd) ₹2,657 crore

[All 20 Diversified companies, largest first](https://www.sectoralpha.in/sectors/diversified#all-companies)

### Companies close in size in other industries

1. [KPIT Technologies Ltd](https://www.sectoralpha.in/stocks/kpit-technologies-ltd) ₹14,536 crore · IT - ER&D
2. [South Indian Bank Ltd](https://www.sectoralpha.in/stocks/south-indian-bank-ltd) ₹14,536 crore · Banks - Private
3. Nava Ltd ₹14,416 crore
4. [Honasa Consumer Ltd](https://www.sectoralpha.in/stocks/honasa-consumer-ltd) ₹14,414 crore · New age - Platform - E-Retail
5. [Astra Microwave Products Ltd](https://www.sectoralpha.in/stocks/astra-microwave-products-ltd) ₹14,381 crore · Aerospace & Defence - Equipments

## What else do people ask about Nava? ### What is Nava's share price today? Nava Ltd's share price is ₹515.25, −16.7% over the past year. The whole company is worth ₹14,593 Cr on the market. In the last 52 weeks it traded between ₹475 to ₹727; today it is 16% of the way up from the low, 9.7% below its 200-day average (as of 3 November 2026). ### What were Nava's latest quarterly results? Nava Ltd reported revenue of ₹1,212 Cr and net profit of ₹333 Cr for the Jun 2026 quarter. Revenue rose 1.6% and profit fell 16.5% compared with a year earlier. Earnings per share were ₹9.79. The operating margin was 43.0%, 6.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Nava's market cap? Nava Ltd's market capitalisation is ₹14,593 Cr at a share price of ₹515.25. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Nava performing? Nava Ltd's share price has been falling for 10 weeks. In its latest quarter, revenue rose 1.6% and profit fell 16.5% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 22 weeks running (as of 3 November 2026). ### Will Nava's share price go up? This page does not forecast Nava Ltd's share price. What it shows instead: the share price is ₹515.25, and it has been falling for 10 weeks. Its P/E of 19.2× is higher than 85% of its own last 11 years (as of 3 November 2026). ### Who owns Nava? Promoters own 50.0% of Nava Ltd, foreign institutions 9.7%, domestic institutions 0.5% and the public 39.8% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 1.3 percentage points over 8 quarters (as of 3 November 2026). ### Does Nava have too much debt? No, Nava Ltd has little debt: its debt is 0.25× its equity, and its operating profit is more than 100 times its interest bill. FY26 borrowings were ₹2,226 Cr against equity of ₹8,745 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Nava in its business cycle? Nava Ltd's FY26 operating margin was 40.0%, against a 13-year range of 14.0% to 46.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 43.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Nava story? Biggest thing to watch: the P/E is higher than 85% of its own history, so the multiple has already done part of the work. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Nava a stock worth studying right now? What the numbers show: Nava Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Nava share price forecast for 2026? What management itself guided: MEL Phase II's additional 300MW: total commissioning by July to September 2026-28, around July next year; no material capital spending impact expected. ## Lists

- Dividend stocks: https://www.sectoralpha.in/dividend-stocks-india
- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india

This is research, not advice. We’re not SEBI-registered.