Navigant Corporate Advisors Li

Operates as a SEBI-registered Category I Merchant Banker based in Mumbai, listed on the BSE SME platform, providing corporate advisory and merchant banking services to clients. The company earned Rs. 464.07 lakh in revenue from operations in FY26, down about 40.5% from Rs. 779.51 lakh in FY25, with profit after tax falling to Rs. 89.14 lakh from Rs. 165.46 lakh (a 46.1% decline) and EPS at Rs. 2.83 versus Rs. 5.25. The H1 FY26 (April–September 2025) half-yearly results showed a similar pattern, with revenue from operations at Rs. 233.80 lakh, down roughly 43% from Rs. 409.71 lakh in H1 FY25, and PAT of Rs. 50.26 lakh. The biggest cost is people: employee expenses were 40.3% of revenue in FY26, with other operating expenses making up another 35.1%, while materials and capex were nil. The balance sheet is debt-free with cash and bank balances of Rs. 124.96 lakh and reserves and surplus of Rs. 951.52 lakh. A related promoter-group entity, Navigant IR Services Pvt Ltd, suggests investor-relations services are also part of the offering. The company is small and exempt from several SEBI LODR requirements because its paid-up capital and net worth fall below prescribed thresholds.