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. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Merchant banking and corporate advisory fees. Small, debt-free, fee-based advisory and merchant banking firm on the BSE SME platform
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 5 | 6 | 7 | 8 | 5 |
| EBITDA (ex other income) | — | — | — | — | — |
| margin % | — | — | — | — | — |
| Owners' profit | — | — | — | — | — |
| EPS, as reported (₹) | 3.54 | 2.72 | 3.73 | 5.25 | 2.83 |
| ROE % · ROCE % | — · 17.2 | — · 13.1 | — · 15.9 | — · 18.8 | — · 9.7 |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 1 | 1 | 2 | 2 | 0 |
| Capex | — | — | — | 0 | 0 |
| ₹ crore | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 3 | 3 | 4 | 4 | 4 | 2 | 2 |
| Profit before tax | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net profit | — | — | — | — | — | — | — | — |
| EPS (₹) | 1.33 | 1.40 | 2.11 | 1.62 | 2.66 | 2.59 | 1.59 | 1.23 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CRISIL LTD | 34,342 | 38.9 | 10.50 | — | 13.7 | 16.1 | — | 30.6 |
| ONEMI TECHNOLOGY SOL LTD | 5,526 | 19.6 | 4.12 | 9.4 | 21.0 | 18.8 | — | 32.0 |
| GYFTR LIMITED | 1,359 | — | 2.80 | 41.8 | 4.5 | 5.3 | 32.8 | 4.3 |
| CENTRUM CAPITAL LIMITED | 1,077 | — | 0.82 | 9.7 | (21.4) | (2.5) | 49.7 | 29.7 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 5 Sept 2026 · Notice of 14th AGM on September 29, 2026 | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Navigant Corporate Advisors submits FY26 Annual Report, revenue falls 41 percent | results | high | — | — |
| 5 Sept 2026 · Board Meeting Outcome: 14th AGM Notice and Director Report Approved | board shareholder meetings | low | — | — |
| 3 Sept 2026 · ED conducts search at Navigant Corporate Advisors office | regulatory legal | high | — | — |
| 2 Sept 2026 · Board meeting on Sept 5, 2026 for 14th AGM notice and director report | board shareholder meetings | low | — | — |
| 18 Jun 2026 · Non-promoter group raises stake in Navigant to 18.71% via open market buys | ownership changes | medium | — | — |
| 18 Jun 2026 · Acquirers raise stake in Navigant Corporate Advisors to 18.71 percent via open market | ownership changes | high | — | — |
| 17 Jun 2026 · Promoter Sarthak Vijlani sells 8.17% stake in open market | ownership changes | high | — | — |
| 3 Jun 2026 · The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Alacrity Securities Ltd & Others | ownership changes | medium | — | — |
| 2 Jun 2026 · The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sarthak Vijlani & Others | ownership changes | high | — | — |
| PRIME SECURITIES LIMITED |
| 961 |
| 171.5 |
| 3.75 |
| 87.4 |
| 5.1 |
| — |
| 25.7 |
| 19.0 |
| WEALTH FRST PORT. MG. LTD | 900 | 27.3 | 5.29 | 17.3 | 22.5 | 30.3 | — | 97.5 |
| STELLANT SECURITIES (INDIA) LT | 559 | — | 1784.58 | — | 18.2 | 18.2 | — | 56.7 |
| THE INVEST TRUST OF IND L | 511 | 15.3 | 0.70 | 7.1 | 4.7 | 3.9 | (2.4) | 23.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 8.6 | 17.9 | 25 of 95 | 75% |
| ROCE | 9.7 | 1.6 | 15 of 84 | 83% |
| Revenue growth | (42.1) | (4.1) | 61 of 85 | 29% |
| Where a broker report shows | This document shows | Why |
|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
