ALFA Finder| Revenue growth | Revenue up ~30% YoY to ₹1,252 Cr, record quarter; organic split unstated. |
|---|---|
| Margins | Operating margin reportedly 43% to 38%; attributed to forex and power losses. |
| Demand visibility | IEX rates reportedly up ~40%; merchant surplus largely contracted until May. |
| Management confidence | Balanced; upbeat tone, but evasive on guidance and solar EBITDA. |
Growth
Revenue up nearly 30% YoY to ₹1,252 Cr; PAT more than doubled to ₹403 Cr (consolidated).
Outlook
Phase-one maintenance shutdowns from ~May 2027, ~3 months per unit; management declined PAT guidance; debt ~US$300-350M over four years.
Risks
Operating margin reportedly down to 38% from 43%; forex and fuel cost pressure; ~₹45 Cr fluctuating other income.
Last quarter's promises, checked
Delivered
- Guided consolidated EBITDA 35–40% of segment EBITDA → operating margin 38% (= BEAT)
Partly delivered
- Guided 100 MW solar by end-Sep 2026 → 100 MW commissioned, date unstated (= PARTIAL)
- Guided Phase-2 tax holiday 'actively pursued' → still being pursued (= PARTIAL)
Missed
- Guided Phase-2 thermal commissioning Jan–Feb 2027 (original, per analyst) → now Jul 2027 (= MISS)
Earnings Call Transcript filed with NSE, NSE: NAVA. Summary written with AI assistance from the document.
NAVA Ltd: key numbers
- Share price
- ₹574.75
- Market cap
- ₹16,285 Cr
- Revenue (annual)
- ₹4,291 Cr
- Net profit (annual)
- ₹786.7 Cr
- P/E (TTM)
- 17.3×Sector 21.5×
- Promoter holding
- 50.03%+0.00% QoQ
- FII holding
- 9.73%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from NAVA Ltd
All →NAVA Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue ₹1,252 Cr (+29.9% YoY), EBITDA ₹561 Cr (42.0% margin), PAT ₹404 Cr (+127% YoY, 30.2% margin). Tax reversal aided PAT.
NAVA Results Update
Nava reports record Q2 revenue of ₹1,252 Crore and PAT up 127% YoY to ₹403 Crore. Its 100 MW Zambia solar project reached commercial operation.
- solar capacity commissioned
- 100 MW
NAVA Other Announcement
Nava Ltd's board recommended B S R and Co as statutory auditors for 2027–2032, succeeding Walker Chandiok & Co on term expiry. Subject to 55th AGM approval.
NAVA Q2 FY27 Results: Net Profit ₹403.4 Cr, Up 127.3% YoY
NAVA Ltd reported revenue from operations of ₹1,252 Cr (+29.9% YoY) and net profit of ₹403.4 Cr (+127.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹403.4 Cr · +127.3% YoY
NAVA Board Meeting Date
Nava Ltd intimated that its Board meeting is scheduled for 12 Nov 2026 to consider unaudited Q2 FY27 results. No financial figures or decisions are reported yet as the meeting has not been held.
NAVA Business Update
NAVA Limited announced a planned 30-day annual maintenance shutdown of its 150 MW Paloncha power plant. Normal operations are expected to resume within approximately 30 days.