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NAVA - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.8

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 3.8

Stock Code NAVA Market Cap 15,968 Cr. Current Price 563 ₹ High / Low 735 ₹
Stock P/E 30.0 Book Value 132 ₹ Dividend Yield 1.42 % ROCE 13.6 %
ROE 10.9 % Face Value 1.00 ₹ DMA 50 565 ₹ DMA 200 562 ₹
Chg in FII Hold -0.02 % Chg in DII Hold -0.08 % PAT Qtr 136 Cr. PAT Prev Qtr 157 Cr.
RSI 50.6 MACD -2.53 Volume 2,31,666 Avg Vol 1Wk 2,91,833
Low price 396 ₹ High price 735 ₹ PEG Ratio -77.0 Debt to equity 0.00
52w Index 49.2 % Qtr Profit Var 169 % EPS 18.7 ₹ Industry PE 30.0

📊 Financials

  • Revenue & Profitability: PAT declined from ₹157 Cr. to ₹136 Cr., showing earnings pressure. EPS at ₹18.7 is modest relative to valuation.
  • Margins & Returns: ROCE (13.6%) and ROE (10.9%) are moderate, reflecting average efficiency.
  • Debt: Debt-to-equity ratio of 0.00 → debt-free, ensuring financial stability.
  • Cash Flow: Stable due to debt-free structure, though profitability remains inconsistent.

💹 Valuation

  • P/E Ratio: 30.0 vs Industry PE of 30.0 → Fairly valued compared to peers.
  • P/B Ratio: ~4.26 (Price ₹563 / Book Value ₹132) → Slightly expensive on book value basis.
  • PEG Ratio: -77.0 → Negative, indicating poor growth prospects relative to valuation.
  • Intrinsic Value: Current price appears fairly valued, with limited upside unless earnings improve.

🏢 Business Model & Competitive Advantage

  • Nava operates in diversified businesses including ferro alloys, energy, and mining, benefiting from commodity demand cycles.
  • Competitive advantage lies in diversification and debt-free balance sheet.
  • Dividend yield of 1.42% provides modest shareholder returns.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive near ₹500–540 range (close to DMA 200 at ₹562 and below current levels).
  • Long-Term Holding: Suitable for cautious investors seeking exposure to diversified commodities. Accumulation should be conservative due to weak growth metrics.


✅ Positive

  • Debt-free balance sheet ensures financial safety.
  • Dividend yield of 1.42% supports investor confidence.
  • FII holdings stable (-0.02% change), showing foreign investor interest remains intact.

⚠️ Limitation

  • Negative PEG ratio (-77.0) highlights poor growth prospects.
  • ROE (10.9%) and ROCE (13.6%) are moderate compared to peers.
  • Quarterly profit decline signals near-term weakness.

📉 Company Negative News

  • PAT dropped compared to previous quarter.
  • DII holdings reduced (-0.08%), showing cautious domestic sentiment.
  • MACD at -2.53 indicates bearish technical momentum.

📈 Company Positive News

  • Debt-free balance sheet provides strong financial stability.
  • Dividend yield remains attractive at 1.42%.
  • RSI at 50.6 indicates neutral momentum, potential for consolidation.

🏭 Industry

  • Commodities and energy industry benefits from global demand cycles and infrastructure growth.
  • Industry PE at 30.0 suggests valuations are aligned, making Nava fairly valued.

🔎 Conclusion

  • Nava is financially stable with a debt-free balance sheet and modest dividend yield.
  • However, weak growth prospects, moderate returns, and profit decline limit aggressive upside.
  • Best strategy: Accumulate cautiously near ₹500–540 range for long-term holding, while avoiding aggressive buying at current levels.

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