NAVABSENava LtdHighPositive
Announced Fri, 15 May · 14:05 IST

Board recommends final dividend

Corporate Actions View source PDF

NAVA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-15.1%1-day move
₹704.50
prior close
₹638.55
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9+0.7+2.0-0.1-15.1-14.5-11.1-13.8-13.8-13.4-16.9-14.0-15.8
Up moveDown movePending
AI summary

Nava Ltd's Board has recommended a final dividend of 550% (₹5.50 per equity share of face value ₹1 each) for FY2026, subject to shareholder approval at the ensuing AGM. The company also announced audited financial results: consolidated net profit for FY2026 fell to ₹10,385.24 lakh (from ₹14,340.03 lakh in FY2025), driven by higher employee costs, finance costs, and deferred tax expenses. Total consolidated income stood at ₹44,786.64 lakh. EPS from continuing operations dropped to ₹27.85 from ₹37.69 year-on-year. The Board also approved changes to its MOA to expand power generation activities and reappointed two directors.

Likely market impact

The dividend of ₹5.50 per share signals shareholder returns but profit declined ~28% YoY, which may weigh on sentiment despite the payout.