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Earnings Call Transcript

NAVA Earnings Call Transcript: Key Takeaways

Nava reported record standalone PAT growth of 116% driven by overseas dividends, while consolidated profits faced non-cash deferred tax headwinds from Zambian currency appreciation.

Highlights
Revenue growthStandalone PAT grew 116%; consolidated impacted by non-cash tax adjustments.
MarginsEBITDA margins steady at 35-40% despite temporary tax adjustments.
Order book80-90% of ferroalloy production tied to long-term/fixed contracts.
Demand visibilityStrong domestic power demand; healthy long-term contracts with Japanese mills.
Management confidenceConfident, emphasizing strong liquidity and record dividend payout.

Growth

Strong standalone PAT of ₹911 Cr; high cash generation from overseas buybacks and stable operations.

Outlook

Solar project commissioning July 2026; 300MW thermal expansion by January 2027; Avocado revenue peak $22M.

Risks

Currency volatility impacting deferred tax; domestic pricing pressure in ferroalloys due to surplus supply.

Source

Earnings Call Transcript filed with NSE, NSE: NAVA. Summary written with AI assistance from the document.

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NAVA Ltd: key numbers

Share price
₹551.45
Market cap
₹15,623 Cr
Revenue (annual)
₹4,291 Cr
Net profit (annual)
₹786.7 Cr
P/E (TTM)
20.7×Sector 25.1×
Promoter holding
50.03%-0.08% QoQ
FII holding
10.22%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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13:11 IST BSE
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solar capacity
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17:19 IST BSE
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Promoter Group entity AV Dwellings Private Limited purchased 15,000 equity shares of Nava Ltd via open market, valued at ₹0.83 Crore.

Value
₹0.83 Cr
Promoter stake change
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12:17 IST BSE
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NAVA Promoter Buying: ₹0.55 Cr

AV Dwellings Private Limited, part of the promoter group, acquired 10,000 equity shares of Nava Ltd via market purchase. The transaction is valued at ₹0.55 Crore.

Value
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Promoter Buying

NAVA Promoter Buying: ₹0.28 Cr

Nava Ltd's promoter group, AV Dwellings Private Limited, acquired 5,000 equity shares via market purchase. The transaction is valued at approximately ₹0.28 Crore.

Value
₹0.28 Cr
17:07 IST BSE
Promoter Buying (Off-Market)

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Promoter stake change
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