loader2
Partner With Us NRI

Nava Ltd share Price Today

Company details

639.30
702.00
304.00
702.00
6M Return 56.35%
1Y Return 120.46%
Mkt Cap.(Cr) 10,117.89
Volume 965,257
Div Yield 0.62%
OI
-
OI Chg %
-
Volume 965,257

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Electric Utilities company NAVA announced Q4FY24 & FY24 results:

  • Improved free cash flows and consistent financial growth across all business verticals generating substantial reserves for future growth capital and corporate actions to enhance shareholder value.
  • Consolidated financials demonstrated sustained revenue and profitability during the year, achieving total Income of Rs 3,955.0 crore and PAT of Rs 1,256.1 crore for the financial year.
  • The long-term debt at MCL amounting to Rs 2,621.1 crore (USD 314.4 million) has been fully repaid during the current FY. This will enable distribution of future free cashflows to its sponsors, from FY25 onwards.
  • Energy vertical has improved financial performance with the operations of Nava Bharat Energy India Limited’s (NBEIL} 150 MW power plant throughout the year NRFIL has witnessed turnarnund with PBT of Rs 115.8 Crore for FY 2024.
  • Ferro Alloys turnover has improved during the quarter with higher sales quantity and uptick in the realisation prices.
  • Mining division reported a revenue growth of 21.2% and PBT growth of 165% for FY24, driven by improved sales quantities and lower finance costs 
  • Board Declares Final Dividend of 200% (Rs 4 per share) for FY24 

Result PDF

View Other Company Results

Nava Ltd shares SWOT Analysis

Strengths (9)

  • Strong Momentum: Price above short, medium and long term moving averages
  • New 52 week high today
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year

Weakness (1)

  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (4)

  • Positive Breakout Third Resistance ( LTP > R3)
  • Highest Recovery from 52 Week Low
  • Stock with Low PE (PE < = 10)

Threats (0)

Data not found

Resistance and support

R1 650.8
R2 658.6
R3 669.0
Pivot

640.40

S1 632.7
S2 622.3
S3 614.5
EMA SMA
564.6
530.3
504.9
460.5
544.3
519.6
506.4
465.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
DEVINENI ASHWIN Bulk Sell 2022-08-25 230.74 1050000 NSE
EMPLOYEES RETIREMENT SYSTEM OF TEXAS - SELF MANAGED PORTFOLIO Bulk Purchase 2022-08-17 246.16 1088202 NSE
XTX MARKETS LLP Bulk Purchase 2022-05-20 195.01 868050 NSE
Name Category Shares
DEVINENI BHAKATA PRIYA PROMOTER 6.77%
RAJASHREE PINNAMANENI PROMOTER 4.82%
ASHWIN DEVINENI PROMOTER 2.36%
TRIVIKRAMA PRASAD PINNAMANENI PROMOTER 1.9%
DEVINENI NIKHIL PROMOTER 1.76%
ASHOK DEVINENI PROMOTER 1.6%
NILIMA ALLURI PROMOTER 0.72%
NAV DEVELOPERS LIMITED PROMOTER 11.09%
AN INVESTMENTS PRIVATE LIMITED PROMOTER 6.53%
SRT INVESTMENTS PRIVATE LIMITED PROMOTER 5.36%
A9 HOMES PRIVATE LIMITED PROMOTER 1.77%
AV DWELLINGS PRIVATE LIMITED PROMOTER 1.66%
V9 AVENUES PRIVATE LIMITED PROMOTER 1.55%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Nava Ltd Stocks COMPARISON

Financials( in Cr) Nava Ltd 3M India Ltd Swan Energy Ltd DCM Shriram Ltd Quess Corp Ltd
Price 697.30 37,068.55 662.55 1,015.25 621.10
% Change 8.44 1.59 3.97 -2.44 0.23
Mcap Cr 10,117.89 41,757.72 20,768.09 15,832.01 9,223.89
Revenue TTM Cr 3,528.15 3,959.37 1,438.14 11,214.32 17,158.39
Net Profit TTM Cr 1,221.69 451.02 -61.05 447.10 222.91
PE TTM 11.11 70.33 66.31 36.34 30.70
1 Year Return 120.46 31.71 180.33 19.31 43.77
ROCE 18.14 30.66 0.00 9.16 9.11
ROE 22.26 23.36 0.00 7.03 7.37
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 6,025.42 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,452.94 -2,589.17
LAST 3M 105,794.56 -32,067.62
LAST 6M 178,880.68 -18,917.36
LAST 12M 290,144.87 98,834.05
NAVA LIMITED - Price movement

Jun 13, 2024 l NSE Announcement

NAVA LIMITED - Analysts/Institutional Investor Meet/Con. Call Updates

Jun 12, 2024 l NSE Announcement

Date Action Type Ratio
Jul 24, 2023 Dividend 300
Aug 01, 2022 Dividend 300

Nava Ltd Information

Stock PE (TTM)
11.11
Promoter Holding
48.84%
Book Value
476.1364
ROCE
18.14%
ROE
22.26%
Description
  • Nava Bharat Ventures Limited (NBVL), a well-diversified multi product company was incorporated on 7th November 1972 under the name of Nava Bharat Ferro Alloys Limited (NBFA); promoted by D. Subba Rao, P.Punnaiah and A.S.Chowdhri. The business division of the company encompasses Power Generation, Ferro Alloys and Sugar, mining activities & Bio Fuels. Apart from that NBVL shows interest in infrastructure projects also. The Company`s workstations spread across the States of Andhra Pradesh, Telangana and Orissa. The Company began its operations with manufacture of Ferro silicon in 1975 at Paloncha in the State of Andhra Pradesh. In 1980, NBVL obtained Industrial and Import licences for the setting up of a furnace with a capacity of 2,500 tonnes per annum of calcium silicide. It diversified into production of sugar and by products by the way of amalgamation of Deccan Sugar & Abkhari Company Ltd with effect from 10th December; DSA became the sugar division of the Company in the same year 1980. The Company obtained a Letter of Intent in the year 1989 for the manufacture of 55,000 TPA of silico manganese in the State of M.P and also in the same year, Andhra Foundry & Machine Company Ltd was amalgamated with the company. NBVL had diversified its product-mix during the year 1991 as well as entered into long-term arrangement with Tata Iron & Steel Company (TISCO) for supply of Ferro chrome. In the year 1997, an agreement was entered into with Energomach Export, Moscow, USSR, for the supply of machinery and technical know-how for the project to establish a unit for the manufacture of calcium silicide. The Company commenced Generation of Thermal Power, mainly for captive use in the identical year of 1997. During the year 1999, NBVL had embarked upon a major balancing-cum-expansion programme of its power plant located at Paloncha in Khammam district of Andhra Pradesh. The Company had shut down its Machine Building Division (MBD) in the year of 2002 at Nacharam near Hyderabad. A 30 MW Captive Power Plant at Dhenkanal, Orissa, of NBVL was commenced its commercial operations in the year 2004. In the year of 2005, the company made its foray into infrastructure projects as a diversified attention. To reflect properly the diverse business activities of the company, the name of the company was changed from Nava Bharat Ferro Alloys Limited to `Nava Bharat Ventures Limited` (NBVL) in July of the year 2006. The Company conferred two awards in recognition of its efforts for optimal management of energy resources and environmental protection in the year 2007, sugar factory at Samalkot was given `excellent energy-efficient unit` by the Confederation of Indian Industry. During the same year of 2007, the company had decided to invest upto Rs 550 million for 51% equity stake in Brahmani Infratech, a SPV implementing SEZ (special economic zone) in Hyderabad. The Company`s biogases based co-generation unit at its Samalkot sugar facility has been registered under the CDM (Clean Development Mechanism) program to achieve reduction of over 16,000 tons of CO2 p.a. in July of the year 2008. Namphak Power Company Limited, a Special Project Company, which was established in Laos in 2014 to undertake the development of Hydro Power Project, 150 MW (3 x 50 MW) on BOOT basis became a Subsidiary in FY15. During FY17, the Company fully impaired its investments in PT Nava Bharat Sungai Cuka and PT Nava Bharat Indonesia of USD 475000/- each, as the subsidiaries are dormant since the date of incorporation. Hence, the Company intended to close its subsidiaries, PT Nava Bharat Sungai Cuka and PT Nava Bharat Indonesia. In February 27th 2015, Nava Bharat (Singapore) Pte. Limited sold 80% equity interest in the subsidiary, Kobe Green Power Co. Ltd. (KGPL) for a sale consideration of USD 16,000. Hence, KGPL ceased to be a subsidiary of the Company. Pursuant to ongoing investigation into allotment of coal blocks to M/s. Navabharat Power Private Limited (NPPL) and subsequent sale of stake in NPPL to M/s. Essar Power Limited also involving Director of the Company in his erstwhile position as Non-Executive Chairman of NPPL, and charge sheet filed by CBI, the Enforcement Directorate vide order dated 22 July 2014 had issued the Provisional Attachment Order (PAO) against 74 crores Equity Shares of Rs2/- each of NBEIL held by NBPL to the extent of Rs138.59 crores. The ED filed a complaint before the Adjudicating Authority seeking confirmation of the PAO. The Adjudicating Authority confirmed the provisional attachment and Subsidiary of the Company will prefer an appeal before the appropriate authority. During the year 2015, a Singapore subsidiary, namely Maamba Collieries Limited (MCL) had completed a major part of the financing documentation for targeted loan of USD 590 million, from Development Financial Institutions and Commercial Banks against Export Credit Agency (ECA) Insurance cover from Sinosure, China and commercial PRI cover. The ECA insurance cover from Sinosure is first of its kind-being issued for a private project in Africa. The project achieved 80% progress with funding through sponsors, bridge loans and credits extended by suppliers. It successfully conducted hydro test for steam generator of the first unit of 150 MW in January 2015. During FY15, Namphak Power Company Ltd., the project company implementing 150 MW hydro-electric power project in Laos with an investment of close to USD 235 million on a Build Own Operate and Transfer Schemes (BOOT) basis executed the Concession Agreement and has initiated selection of an EPC contractor, long term finance plan and a power off take arrangement with the local utility. Pursuant to recommendations of Board of Directors and the approval of shareholders, the Company allotted bonus shares in the ratio of 1:1 (i.e. one bonus equity share of Rs.2/- each for every one existing equity share of Rs.2/- each) to all shareholders as on record date September 3, 2016. During FY2016-17, the Company issued and allotted 8,92,87,741 fully paid-up bonus equity shares of Rs.2/- each and the same have been listed on September 16, 2016. During FY 2016-17, Nava Bharat (Singapore) Pte. Ltd (NBS), a wholly owned subsidiary of the Company in Singapore, exited from Laos Hydro Power Project by divesting its entire stake of 100% in Nava Bharat Lao Energy Pte. Ltd (NBLE) and so, indirect stake of 70% equity in the project company, Namphak Power Company Ltd. (NPCL), in favour of Chaleun Sekong Group (CS Group) of Laos. The sale process of NBLE to CS Group was completed in two tranches in FY 2016-17 whereby both NBLE and NPCL ceased to be subsidiaries of NBS and of Nava Bharat Ventures Limited. During the year 2017, Nava Agro Pte. Ltd. (NAPL), a wholly owned subsidiary of the Company, Singapore acquired 100% shareholding of Kawambwa Sugar Limited (KSL). At present KSL is engaged in Environmental Impact Assessment Study and Detailed Feasibility evaluation for establishing a Sugar manufacturing plant on the land concession. Kawambwa Sugar Limited (KSL) was incorporated in Zambia and became a subsidiary of NAPL during FY 17. It secured approval of the Government of Zambia for allocation of 10,000 Ha of land in Luena Farm Block, North Western Province of Zambia to set up an Integrated Sugar Complex. During FY 2018, Maamba Collieries Limited (MCL), a step down subsidiary of the Company in Zambia commenced coal mine operations of 300 MW power plant.

Registered Address

Nava Bharat Chambers, 6-3-1109/1 Raj Bhavan Road, Hyderabad, Telangana, 500082

Tel : 91-40-23403501/23403540
Email : nbvl:nbv.in; grd:nbv.in
Website : http://www.nbventures.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 513023
NSE Code : NAVA
Book Closure Date (Month) : Jul/Aug
BSE Group : A
ISIN : INE725A01022

FAQ’s on Nava Ltd Shares

You can buy Nava Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Nava Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 18, 2024 03:59 PM the closing price of Nava Ltd was Rs.697.30.

The latest PE ratio of Nava Ltd as of Jun 18, 2024 03:59 PM is 11.11

The latest PB ratio of Nava Ltd as of Jun 18, 2024 03:59 PM is 0.74

The 52-week high of Nava Ltd share price is Rs. 702.00 while the 52-week low is Rs. 304.00

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 18, 2024 03:59 PM, the market cap of Nava Ltd stood at Rs. 10,117.89.

Download App

Download Our App

Play Store App Store
market app