NAVA LIMITED has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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NAVA Limited reported consolidated revenue from operations of ₹4,29,091.72 Lakhs for FY2025-26, up 7.7% from ₹3,98,354.74 Lakhs in the prior year. However, profit after tax declined significantly to ₹1,03,852.40 Lakhs from ₹1,43,400.28 Lakhs (down ~28%). Net profit attributable to shareholders fell to ₹78,666.94 Lakhs from ₹1,09,147.95 Lakhs. The auditors issued unmodified opinions but included two emphasis of matter paragraphs: one regarding overdue trade receivables of ₹25,989.96 Lakhs from Maamba Energy Limited (secured by Zambian sovereign guarantee and favorable arbitration award), and another regarding ongoing litigation at subsidiary Brahmani Infratech Private Limited. Deferred tax expenses surged due to Zambian Kwacha appreciation. The Board recommended a final dividend of ₹5.50 per equity share (550%).
The sharp decline in profitability despite modest revenue growth is a concern, with PAT dropping nearly 28% year-on-year. The large deferred tax charge and emphasis of matter on receivables add uncertainty. However, the unmodified auditor opinion and dividend payout signal management confidence. Shareholders should monitor the Zambia receivables recovery and litigation outcome.