Sector Alpha Week of 2026-07-31
Sector Alpha — machine-written from the numbers · Data as of 2026-07-31

Navneet Education Ltd

NAVNETEDUL
Printing & Stationery

Navneet Education Ltd's price has outrun its earnings. −10.0% in a year against EPS −53.6% — the market is paying now for delivery later.

The sharpest disagreement: the price moved −10.0% in a year while annual EPS moved −53.6% — the difference is re-rating, and re-rating has to be repaid with earnings.

The price is building a base (5 weeks in) while the P/E sits at the 75th percentile of its own 10-year range. Underneath, the last four quarters read deteriorating — profit −10.2% year on year, and 52% of the last 3 years' profit arrived as cash. What settles it: whether earnings grow into a price that has already moved.

Stage
Turning around
partial read
Price
₹134
−10.0% 1Y
P/E
23.7×
75th pctile
of its own 10-year range
Revenue (Jun 26)
₹788 Cr
−0.8% YoY
Profit (Jun 26)
₹141 Cr
−10.2% YoY
Operating margin
25.0%
−4.0 pp YoY
ROCE
10%
FY26
Cash conversion
52%
of profit, last 3 FY
Withheld from this page: Part of this page is deliberately not drawn: its two data sources disagree by up to 94% on reported income across 14 comparable periods, so nothing from the second source is placed here — the quarterly PEG curve, the quarterly return curves, the annual return-on-invested-capital overlay, the total-debt and debt-to-equity series and the F-score and the return-on-invested-capital reading are absent for that reason. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data. The quarterly history also begins where the primary source begins: 6 earlier quarters the second source carries are not spliced in front of it. Extending a reported profit series is stricter than showing a ratio chart — it needs a source that has been checked.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Navneet Education Ltd trades at ₹134, building a base and 5 weeks into that stage. That is −7.1% against its own 200-day average. It sits at 23% of a 52-week range of ₹126 to ₹163. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (1 week and counting).

Today the stock is building a base — week 5 of stage 1, confirmed. At ₹134 it trades −7.1% versus its 200-day average and sits at 23% of its 52-week range (₹126–₹163).

Jul 26: ₹134 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
−7.1% versus the 200-day line, week 5 of stage 1
Price50-day avg200-day avg
S2S4S1S2S4₹170₹156₹142₹128₹114₹134₹144Jul 23May 24Feb 25Nov 25Jul 26
S2S4S1S2S4₹170₹156₹142₹128₹114₹134₹144Jul 23Feb 25Jul 26
Beating or trailing, week by week since 2016 Each cell is one week from 2016 to now (548 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Mar 16Jul 26

Against the market, two honest reads. Cumulative: over the last 10.4 years the stock moved +63% while the NIFTY 500 moved +276% — behind the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (1 week and counting; last ahead the week of 2026-07-24) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Navneet Education Ltd trades at 23.7× P/E, at the pricey end of its own range (75th percentile). Its long-run median P/E is 19.9×, measured across 10.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 23.7× is at the pricey end of its own range (75th percentile), against a long-run median of 19.9× measured over 10.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 23.7× vs a 19.9× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 10.4-year window; loss-period spikes above 60× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
at the pricey end of its own range (75th percentile)
P/EMedianEPS (TTM) (quarterly)
63.9×₹10.248.6×₹7.633.3×₹5.118.0×₹2.52.7×₹0.0×23.70×₹6Mar 16Sep 18Apr 21Feb 24Jul 26
63.9×₹10.248.6×₹7.633.3×₹5.118.0×₹2.52.7×₹0.0×23.70×₹6Mar 16Apr 21Jul 26
P/E
23.7×
75th percentile of 10y

🚨 Why the multiple sits where it does: over the past year annual EPS moved −53.6% against a −10.0% price move — the price outran earnings, pushing the multiple UP its own range.

The price move, decomposed: over 5y, of the +6.1%/yr price move, ~+39.0%/yr came from earnings growth and ~−32.9 pp from the multiple (compressing); over 10y, of the +3.2%/yr price move, ~+0.4%/yr came from earnings growth and ~+2.8 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources disagree by up to 94% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

03 · Stage: Turning around

Stage: Turning around Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Navneet Education Ltd reads as turning around on its fundamental arc. Turning around — profit growth swung from −73.6% at the trough to +64.2%, a 3-quarter improving streak, ROCE slipping at 10.0%. The read is built from 8 quarters across 4 curves, on partial evidence.

Growth, year by year: revenue −3.4% in FY26, profit −54.1% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn.
Revenue YoYProfit YoYEPS YoY
60%242%32%158%3.9%74%−24%−11%−52%−95%%%−3.4%−54.1%FY16FY21FY26
60%242%32%158%3.9%74%−24%−11%−52%−95%%%−3.4%−54.1%FY16FY21FY26
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Base-effect spikes shown pinned (▲). A missing point means that reading is not held for the quarter.
the trajectory the stage is read from · revenue stabilising, profit accelerating
RevenueProfitEPS
4.2%330%2.0%222%−0.1%113%−2.2%4.8%−4.4%−104%%%−3.8%64.2%57.1%Sep 23Dec 24Jun 26
4.2%330%2.0%222%−0.1%113%−2.2%4.8%−4.4%−104%%%−3.8%64.2%57.1%Sep 23Dec 24Jun 26
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
20%17%15%12%9.3%%10%FY23FY24FY26
20%17%15%12%9.3%%10%FY23FY24FY26
Revenue growth
Flat
latest −3.8% · span −3.8% to +3.6%
Profit growth
Rising
latest +64.2% · span −73.7% to +321.5%
EPS growth
Rising
latest +57.1% · span −71.7% to +299.4%
ROCE
Falling
latest 10.0% · span 10.0%–19.0%

Why it matters: growth inflections are where re-ratings start — the curves say a turn is forming, so the question becomes whether the next quarters confirm it.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue−3.4%+0.5%+15.6%+6.1%
Profit−54.1%+21.8%+45.8%+13.2%
EPS−53.6%+20.7%+45.5%+13.4%
Share price−10.0%−2.2%+6.1%+3.2%
Revenue YoY (Jun 26)
−0.8%
latest quarter vs a year ago
Profit YoY (Jun 26)
−10.2%
latest quarter vs a year ago
Revenue 10y
6.1%
long-run compound pace
04 · 4-Factor Sector Score

4-Factor Sector Score

35.0/100 — rank 5 of 5 in Printing & Stationery · 82% evidence confidence

Navneet Education Ltd scores 35.0 out of 100 against the 5 companies it is compared with in Printing & Stationery, ranking 5. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 8.6 + 9.2 + 9.6 + 7.6 = 35. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Navneet Education Ltd reported ₹788 Cr of revenue in the Jun 26 quarter, −0.8% year on year. Over 10 years it has compounded at 6.1% a year. The last full year, FY26, came in at ₹1,721 Cr. The last four reported quarters add to ₹1,715 Cr.

FY26 revenue came in at ₹1,721 Cr (−3.4% on the year), capping 10 years at 6.1% compound. The latest quarter (Jun 26) printed ₹788 Cr, −0.8% year on year.

FY26 revenue ₹1,721 Cr (−3.4% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
6.1% a year over 10 years
RevenueYoY growth
1.9k60%1.4k32%9623.9%481−24%0−52%₹ Cr%₹1,721−3.4%FY16FY21FY26
1.9k60%1.4k32%9623.9%481−24%0−52%₹ Cr%₹1,721−3.4%FY16FY21FY26
Jun 26: ₹788 Cr (−0.8% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)YoY growth
86211%6464.7%431−1.2%215−7.1%0−13%₹ Cr%₹788−0.8%Sep 23Dec 24Jun 26
86211%6464.7%431−1.2%215−7.1%0−13%₹ Cr%₹788−0.8%Sep 23Dec 24Jun 26

Pace check: the last four quarters averaged −5.5% growth against the decade's 6.1% — the current year is running slower than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew −3.8% over the last 4 quarters against −1.2%/yr over the last 8 — stabilising; TTM profit +64.2% vs −34.3%/yr — accelerating.

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Navneet Education Ltd's operating margin is 25.0% in the Jun 26 quarter, −4.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 8.0% to 25.0%. The current quarter sits inside that band.

The latest quarter's operating margin is 25.0%, −4.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 8.0%–25.0%.

🚨 Why the margin moved: operating margin went −3.5 pp year on year while gross margin went −1.5 pp — the loss came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

FY26: 16.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 13-year window.
within a 8.0–25.0% band over 13 years
operating marginYoY change (pp)
26%11%21%5.0%17%−0.5%12%−6.0%6.6%−12%%%16%−2%FY14FY20FY26
26%11%21%5.0%17%−0.5%12%−6.0%6.6%−12%%%16%−2%FY14FY20FY26
Jun 26: 25.0% operating margin (−4.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
32%8.0%22%3.4%13%−1.2%3.6%−5.9%−5.8%−10%%%25%−4%Sep 23Dec 24Jun 26
32%8.0%22%3.4%13%−1.2%3.6%−5.9%−5.8%−10%%%25%−4%Sep 23Dec 24Jun 26
07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Navneet Education Ltd earned ₹141 Cr of net profit in the Jun 26 quarter, −10.2% year on year. Full-year FY26 profit was ₹369 Cr. The 10-year compound rate is 13.2%. That is 17.9% of the quarter's revenue. The same quarter a year earlier earned ₹157 Cr. 3 of the last 12 reported quarters were loss-making.

Jun 26 profit was ₹141 Cr, −10.2% year on year. On the full year, FY26 printed ₹369 Cr (−54.1%), and the 10-year compound rate is 13.2%.

FY26 profit ₹369 Cr (−54.1% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
13.2% a year over 10 years
Net profitYoY growth
868242%651158%43474%217−11%0−95%₹ Cr%₹369−54.1%FY16FY21FY26
868242%651158%43474%217−11%0−95%₹ Cr%₹369−54.1%FY16FY21FY26
Jun 26: ₹141 Cr (−10.2% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
8081,257%587881%366506%145130%−76−246%₹ Cr%₹141−10.2%Sep 23Dec 24Jun 26
8081,257%587881%366506%145130%−76−246%₹ Cr%₹141−10.2%Sep 23Dec 24Jun 26

🚨 Why profit moved: revenue contributed −0.8% and the margin −4.0 pp — the quarter was revenue-led despite a thinner margin.

Pace comparison, last four quarters: profit +374.8% vs revenue −5.5%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 52% of Navneet Education Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹307 Cr of operating cash against ₹369 Cr of profit. After ₹124 Cr of capital spending, ₹183 Cr was left as free cash.

FY26: operating cash of ₹307 Cr against reported profit of ₹369 Cr, leaving free cash of ₹183 Cr after ₹124 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 52% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹307 Cr vs profit ₹369 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 11-year window, annual resolution.
52% of 3-year profit arrived as cash
Operating cashNet profitFree cash
874620365110−144₹ Cr₹307₹369₹183FY16FY21FY26
874620365110−144₹ Cr₹307₹369₹183FY16FY21FY26
FY26: CFO = 83% of profit (three-year rate 52%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash; outlier years shown pinned.
Conversion100%
325%235%145%54%−36%%83%FY16FY21FY26
325%235%145%54%−36%%83%FY16FY21FY26

🚨 Why conversion sits at 52%: the cash cycle tightened 61 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.

Router verdict: the bigger cash user is investment — capital spending ran 1.9× depreciation over three years, so the next section's job is to check what that build-out is buying.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Navneet Education Ltd's cash conversion cycle runs 330 days in FY26, down from 391 days in FY21. Capital spending ran ₹397 Cr over the last 3 years. At FY26 sales of ₹1,721 Cr each day of that cycle holds about ₹4.7 Cr, so roughly ₹1,556 Cr sits inside the business at any moment.

FY26: debtors at 71 days, inventory at 296 days — roughly 9.7 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 330 days, tighter than FY21's 391.

The full loop: cash goes out to suppliers and production on day 0; stock waits 296 days to sell; customers pay about 71 days after that; and suppliers themselves are paid at 38 days — netting out to the 330-day cycle.

In money terms: at FY26 sales of ₹1,721 Cr, each day of the cycle holds about ₹4.7 Cr — so the 330-day loop keeps roughly ₹1,556 Cr sitting inside the business at any moment.

FY26: a 330-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 13-year window.
−61 days vs FY21
Cash cycleInventory daysDebtor daysPayable days
42131220393−16days330d296d71d38dFY14FY17FY20FY23FY26
42131220393−16days330d296d71d38dFY14FY20FY26

On the investment side: capital spending of ₹397 Cr over the last 3 fiscal years against ₹210 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹38.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹124 Cr, work-in-progress ₹38.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
a build-out
CapexWork-in-progress
215161107540₹ Cr₹124₹38FY16FY18FY21FY23FY26
215161107540₹ Cr₹124₹38FY16FY21FY26

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Navneet Education Ltd earns a ROCE of 10% in FY26. That is up from a trough of 5% in FY21. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 21.4% net margin on 0.67× asset turns.

FY26 ROCE is 10%, recovered from a FY21 trough of 5% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 21.4% net margin × 0.67× asset turns × 1.26× balance-sheet leverage ≈ 18.1% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.

FY26: ROCE 10% Return on capital employed by fiscal year, % (line). 13-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY21's 5%
ROCEWACC
37%29%20%11%2.6%%10%FY14FY17FY20FY23FY26
37%29%20%11%2.6%%10%FY14FY20FY26

The quarterly return curves and the return-on-invested-capital overlay, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 94% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Navneet Education Ltd carries ₹108 Cr of borrowings against ₹2,042 Cr of equity in FY26, a debt-to-equity of 0.05. Operating profit covers the interest bill 16×. Over 5 years borrowings went from ₹74.0 Cr to ₹108 Cr. Capital spending ran ₹397 Cr across the last 3 of those years.

FY26: borrowings of ₹108 Cr against equity of ₹2,042 Cr — a debt-to-equity of 0.05. Operating profit covers the interest bill 16×. Over 5 years borrowings went from ₹74.0 Cr to ₹108 Cr while capital spending ran ₹397 Cr in just the last 3 — part of the build-out is riding on borrowed money.

FY26: borrowings ₹108 Cr at 0.05× equity Borrowings by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 13-year window. Quarterly balance-sheet history is not held for India — annual is the honest resolution.
the debt trajectory
BorrowingsDebt-to-equity
3640.5×2730.4×1820.3×910.1×00.0×₹ Cr×₹1080.05×FY14FY17FY20FY23FY26
3640.5×2730.4×1820.3×910.1×00.0×₹ Cr×₹1080.05×FY14FY20FY26

The total-debt and debt-to-equity series, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 94% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Domestic institutions added 1.2 points of Navneet Education Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 13.6% of the company. Foreign institutions moved −0.2 points over the same window, to 3.2%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Domestic institutions: +1.2 points over 8 quarters to 13.6%; Foreign institutions: −0.2 points over 8 quarters to 3.2%; Promoters: +0.0 points over 8 quarters to 63.3%.

Why the register moved: domestic institutions drove it (+1.2 points) — steady accumulation by institutions reading the same numbers this page reads.

Fiscal-year ends: promoters +0.0 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Domestic inst.Public
68%51%33%16%−1.7%%63.3%3.1%13.0%20.6%Mar 24Mar 25Mar 26
68%51%33%16%−1.7%%63.3%3.1%13.0%20.6%Mar 24Mar 25Mar 26
Domestic institutions added 1.2 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 13 quarters.
PromotersForeign inst.Domestic inst.Public
68%51%33%16%−1.7%%63.3%3.2%13.6%19.9%Jun 23Dec 24Jun 26
68%51%33%16%−1.7%%63.3%3.2%13.6%19.9%Jun 23Dec 24Jun 26
13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Navneet Education Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

14 · Related companies · Printing & Stationery
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1DOMS Industries LtdDOMS 64.2/100Mixed-positive evidence72% evidence ASLEEP 18.7/35 Revenue 21.6% · PAT 12.2% · OPM change 0 pp 83% evidence 19.9/25 ROCE 24.3% · OPM 17% 76% evidence 10.3/20 P/E 59.6× · PEG — 50% evidence 15.3/20 RS sector 6.1% · RS bench -7.2% · 1Y -4.6%0 of 10 weeks ahead 70% evidence
Exact sum: 18.7 + 19.9 + 10.3 + 15.3 = 64.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Flair Writing Industries LtdFLAIR 52.7/100Mixed-positive evidence96% evidence ASLEEP 24.6/35 Revenue 15.8% · PAT 19.3% · OPM change 2 pp 88% evidence 15.1/25 ROCE 16.8% · OPM 18% 100% evidence 11.5/20 P/E 19.5× · PEG 2.35 100% evidence 1.5/20 RS sector -10.3% · RS bench -15.6% · 1Y -18.8%1 of 12 weeks ahead 100% evidence
Exact sum: 24.6 + 15.1 + 11.5 + 1.5 = 52.7 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -10.3% and the one-year return is -18.8%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
3Linc LtdLINC 46.2/100Mixed-negative evidence70% evidence ASLEEP 11.3/35 Revenue 0% · PAT -15.8% · OPM change 1 pp 83% evidence 16.7/25 ROCE 19.2% · OPM 13% 95% evidence 11.5/20 P/E 18.6× · PEG — 15% evidence 6.7/20 RS sector -9% · RS bench -10.5% · 1Y -25.3%2 of 10 weeks ahead 70% evidence
Exact sum: 11.3 + 16.7 + 11.5 + 6.7 = 46.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4Kokuyo Camlin LtdKOKUYOCMLN 44.6/100Mixed-negative evidence70% evidence ASLEEP 22.4/35 Revenue 5.7% · PAT 100% · OPM change -1.8 pp 83% evidence 7.5/25 ROCE 10.2% · OPM 4.8% 95% evidence 9.3/20 P/E 34.7× · PEG — 15% evidence 5.4/20 RS sector -15.9% · RS bench -9% · 1Y -24.4%2 of 10 weeks ahead 70% evidence
Exact sum: 22.4 + 7.5 + 9.3 + 5.4 = 44.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Navneet Education Ltdthis pageNAVNETEDUL 35.0/100Mixed-negative evidence82% evidence ASLEEP 8.6/35 Revenue -3.8% · PAT 64.2% · OPM change -4 pp 95% evidence 9.2/25 ROCE 10.2% · OPM 25% 76% evidence 9.6/20 P/E 23.7× · PEG — 50% evidence 7.6/20 RS sector -4.2% · RS bench -9.9% · 1Y -10.8%2 of 12 weeks ahead 100% evidence
Exact sum: 8.6 + 9.2 + 9.6 + 7.6 = 35 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. 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 curve the sector itself 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 widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

15 · Frequently asked questions

Frequently asked questions

What is Navneet Education Ltd's share price today?

Navneet Education Ltd trades at ₹134, −10.0% over the past year. The company is valued at ₹2,966 Cr. The stock sits at 23% of its 52-week range of ₹126–₹163, −7.1% versus its 200-day average. On the tape, the price is building a base, 5 weeks in. — as of 31 July 2026.

What were Navneet Education Ltd's latest quarterly results?

Navneet Education Ltd reported revenue of ₹788 Cr and net profit of ₹141 Cr for the Jun 26 quarter. Revenue fell 0.8% and profit fell 10.2% year on year. Earnings per share were ₹6.37. The operating margin was 25.0%, 4.0 pp lower than a year earlier. — as of 31 July 2026.

What is Navneet Education Ltd's revenue?

Navneet Education Ltd reported revenue of ₹788 Cr in the Jun 26 quarter, −0.8% year on year. For the full FY26 fiscal year, revenue was ₹1,721 Cr (−3.4%). Over the last 10 years revenue compounded at 6.1% a year. — as of 31 July 2026.

What is Navneet Education Ltd's profit?

Navneet Education Ltd earned ₹141 Cr of net profit in the Jun 26 quarter, −10.2% year on year. Full-year FY26 profit was ₹369 Cr. The operating margin ran 25.0% in the latest quarter. — as of 31 July 2026.

What is Navneet Education Ltd's market cap?

Navneet Education Ltd's market capitalisation is ₹2,966 Cr at a share price of ₹134. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 31 July 2026.

What is Navneet Education Ltd's P/E ratio?

Navneet Education Ltd trades at a P/E of 23.7×, at the 75th percentile of its own 10-year range, against a long-run median of 19.9×. This is a comparison with the stock's own history, not a value call — as of 31 July 2026.

Does Navneet Education Ltd pay a dividend?

Yes — Navneet Education Ltd's dividend payout was 9% of profit in FY26, and it recorded a payout in each of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 31 July 2026.

Is Navneet Education Ltd overvalued?

On its own history, Navneet Education Ltd looks expensive against its own history: its P/E of 23.7× sits at the 75th percentile of its 10-year range (long-run median 19.9×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 31 July 2026.

Is Navneet Education Ltd growing?

Not right now — Navneet Education Ltd's latest numbers are shrinking: latest-quarter revenue −0.8% year on year, profit −10.2%, and the margin −4.0 pp at 25.0%. The 10-year compound rates are 6.1% (revenue) and 13.2% (profit). The earnings engine currently reads: deteriorating — as of 31 July 2026.

How is Navneet Education Ltd performing?

Navneet Education Ltd is building a base, 5 weeks in. Its latest quarter's revenue fell 0.8% and profit fell 10.2% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 1 week. This describes what the data did, not a rating. — as of 31 July 2026.

What stage is Navneet Education Ltd in?

Turning around — profit growth swung from −73.6% at the trough to +64.2%, a 3-quarter improving streak, ROCE slipping at 10.0%. The read comes from the last 12 quarters of growth (revenue growth −3.8% latest, profit growth +64.2% latest, eps growth +57.1% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 31 July 2026.

Is Navneet Education Ltd in an uptrend?

No — the price is building a base (week 5 of stage 1), trading −7.1% versus its 200-day average and at 23% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 31 July 2026.

Is Navneet Education Ltd beating the market?

Not lately — on a trailing-13-week view Navneet Education Ltd is currently behind the NIFTY 500 (1 week and counting; last ahead the week of 2026-07-24), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.4 years the stock moved +63% against the NIFTY 500's +276% — behind the index over the full window. — as of 31 July 2026.

Will Navneet Education Ltd's share price go up?

This page publishes no price forecast for Navneet Education Ltd. What it measures instead: the share price is ₹134, the price is building a base 5 weeks in. Its P/E of 23.7× sits at the 75th percentile of its own 10-year range. — as of 31 July 2026.

Who owns Navneet Education Ltd?

Promoters hold 63.3% of Navneet Education Ltd, foreign institutions 3.2%, domestic institutions 13.6% and the public 19.9% (latest quarter). The biggest move on the register over the last two years: Domestic institutions added 1.2 points over 8 quarters. — as of 31 July 2026.

Does Navneet Education Ltd have too much debt?

No — Navneet Education Ltd's debt-to-equity is 0.05, and operating profit covers the interest bill 16×. FY26 borrowings were ₹108 Cr against equity of ₹2,042 Cr. The returns on this page are earned, not borrowed — as of 31 July 2026.

What is Navneet Education Ltd's capex?

Navneet Education Ltd spent ₹397 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹124 Cr, with ₹38.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 31 July 2026.

What is Navneet Education Ltd's cash flow?

Navneet Education Ltd generated ₹307 Cr of operating cash flow in FY26 and ₹183 Cr of free cash flow after ₹124 Cr of capital spending. Reported profit that year was ₹369 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 31 July 2026.

Is Navneet Education Ltd's profit real cash?

Not fully — over the last 3 fiscal years, 52% of Navneet Education Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹307 Cr against reported profit of ₹369 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 31 July 2026.

Where is Navneet Education Ltd in its business cycle?

Navneet Education Ltd's FY26 operating margin was 16.0%, against a 13-year band of 8.0%–25.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 25.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 31 July 2026.

What could break the Navneet Education Ltd story?

The sharpest disagreement: the price moved −10.0% in a year while annual EPS moved −53.6% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 31 July 2026.

Is Navneet Education Ltd a stock worth studying right now?

This is not investment advice. The machine read: Navneet Education Ltd's price has outrun its earnings. −10.0% in a year against EPS −53.6% — the market is paying now for delivery later. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 31 July 2026.

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