Nava Ltd reported a ₹1.29 billion net profit in Q2 FY26, down 48% YoY, despite an 11% revenue rise to ₹10 billion. The Energy segment led growth. An interim dividend of ₹3/share was declared. Leadership changes and valuation metrics signal strategic shifts amid profitability challenges.
Nava Limited has released its Q2 FY26 financial results, revealing a mixed performance for the September quarter. While the company achieved a healthy revenue growth, profitability took a hit due to operational pressures and segmental shifts.
Key Highlights from Q2 FY26
-
Consolidated Net Profit: ₹1.29 billion, down 48% year-on-year, reflecting margin pressures and higher costs.
-
Revenue Growth: Up 11% YoY to ₹10 billion, driven primarily by strong performance in the Energy segment.
-
Dividend Declaration: Interim dividend of ₹3.00 per equity share, signaling continued shareholder value focus.
-
Leadership Update: Mr. Ashwin Devineni stepped down as MD of Nava Global Pte. Ltd., now re-designated as Vice-Chairman.
-
Valuation Metrics: Market cap stands at ₹175.29 billion, with a trailing PE ratio of 16.79, indicating moderate valuation.
-
Shareholding Trends: Insider ownership at 19.16%, institutional holding at 5.16%, and a float of 131.04 million shares.
Despite the profit dip, Nava’s strategic emphasis on its energy vertical and shareholder returns reflects resilience amid sectoral headwinds.
Sources: Nava Limited Investor Presentation, ScanX News, StockAnalysis.com