Nava Limited Reports Standalone Profit Surge of 116%, Reaching ₹910.9 Crore for FY26
Hyderabad, May 15, 2026 – Nava Limited announced its audited financial results for the year ended March 31, 2026, reporting significant operational growth and a sharp increase in standalone profitability.The company's financial performance highlights robust growth across its core businesses, bolstered by increased dividend income and successful recovery of past dues.
Standalone Performance Highlights Record Profitability
Nava Limited’s standalone results showed a substantial turnaround in profitability. The Profit After Tax (PAT) for the fiscal year ended March 31, 2026, stood at ₹910.9 crore, representing a 116.0% increase year-over-year. This profit was supported by strong operational performance, higher ferro alloy sales, and improved energy revenues.Revenue from standalone operations increased by 19.4% year-over-year, reaching ₹1924.7 crore. Furthermore, the company recorded total dividend income during the year at ₹254 crore, marking a new high for the corporation.
| Particulars | FY26 (INR Cr) | FY25 (INR Cr) | Growth |
|---|---|---|---|
| Revenue from Operations | 1924.7 | 1612 | 19.4% |
| Total Income | 2241.7 | 1800.2 | 24.5% |
| EBITDA before exceptional item | 702.8 | 563.2 | 24.8% |
| Profit Before Tax (PBT) | 1070.1 | 526.5 | Doubled |
| Profit After Tax (PAT) | 910.9 | 421.7 | 116.0% |
Consolidated Financial Overview
On a consolidated level, the Profit Before Tax (PBT) remained stable compared to the previous year. However, the consolidated Profit After Tax (PAT) registered ₹1038.6 crore in FY26, compared to ₹1434 crore in FY25.The company also announced a final dividend of ₹5.50 per share for FY2025-26. Including the interim dividend of ₹3.00 per share already paid, the total dividend for the financial year stands at ₹8.50 per share. Additionally, the company received ₹ 705 crore via dividend and share buyback during the year.
Operational and Business Updates
Energy Division
The power sector remains a key focus, with MEL's 300 MW Phase-II expansion project progressing steadily. This expansion is expected to be commissioned by January 2027. Additionally, the construction of MSEL's solar power project is on schedule, with commissioning expected to begin by July 2026. Furthermore, more than 90% of ZESCO Arrears were successfully recovered, strengthening cash flows and financial stability.Agribusiness and Mining
Nava Avocado Limited pursued seed marketing of its initial Avocados harvest with exports to the South African market during the year. Packhouse construction is underway and is expected to be completed by September 2026, while plantation activity is due for completion by the end of FY 27.In the mining sector, Kawambwa Sugar Limited has commenced the plantation of sugarcane in phases. The ordering of all major packages has been completed, and construction activity is ongoing. The project is anticipated to be commissioned by March 2028 when sugarcane is ready for harvest.
Strategic Positioning
Nava Limited continues to strengthen its global business profile through consistent operations, project execution, and long-term investments across energy, mining, and commercial agriculture. The company reported witnessing one of its strongest years of cash generation, supported by healthy cash flows, dividend income, and buyback proceeds from overseas subsidiaries.Ashwin Devineni, MD & CEO, commented on the performance, stating, "This has been a strong year for Nava, with our standalone profit growing by over 100% and our businesses continuing to deliver stable operational performance. The growth was supported by higher sales volumes, improved business efficiencies and healthy dividend flows from our overseas operations."
He added that while the consolidated PAT was impacted by tax-related adjustments at MEL following the completion of its tax holiday period, the overall operational performance of the business remains strong. The management remains focused on sustainable long-term growth and value creation through the steady progress of strategic projects in power, renewables, and agribusiness.
NAVA Stock Price Movement
Shares of NAVA LIMITED are slipping by 10.18% in live trading, currently at ₹632 as of 3:07 PM today. The stock sheds ₹71.60 in value, with over 2.41 million shares trading through the session amid the continued downward momentum.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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