Nava Ltd.
NSE: NAVANava Ltd.: A 30-second snapshot
Nava Limited is a Power sector company trading at ₹628.5, up 35.26% over 12 months, with a PE of 19.88 and ROE of 10.31%. The balance sheet carries a debt-to-equity of 20.68 — the highest among its listed peer group — while 5-year earnings have contracted 44.6% even as revenues grew 17.3%. FY26 standalone PAT jumped 116% YoY, creating a sharp near-term versus medium-term divergence in the earnings picture.
P/E
19.9
Forward P/E
—
ROE
+10.3%
Debt / Equity
20.68
Profit Margin
+17.6%
Div. Yield
+1.4%
5Y ROE > 15%
1/5
5Y FCF > 0
4/5
Quality
53/100
News
8 headlines · 3 positive · 1 negative
Nava Records Its Highest-Ever Jump in Standalone Profit at 116%, Reaching ₹911 Crore - Business Standard
Business Standard
Nava Q4 Revenue Rises to ₹11.4B YoY; FY26 Standalone PAT Jumps 116% - scanx.trade
scanx.trade
Nava Limited: Fiscal Triumph and Strategic Expansion - Devdiscourse
Devdiscourse
Nava Ltd March-Quarter Consol Net Profit 1.27 Billion Rupees - TradingView
TradingView
Nava Limited Grants 70,000 Restricted Stock Units to Eligible Employees Under NAVA RSU 2023 Scheme - India IPO
India IPO
Recent context
- ·Nava reported FY26 standalone PAT of ₹911 crore, a 116% increase YoY, described by Business Standard (May 15 2026) as the highest-ever jump in standalone profit; Q4 revenue reached ₹11.4B.
- ·The company granted 70,000 restricted stock units under the NAVA RSU 2023 scheme in May 2026, indicating active use of equity-linked employee compensation.
- ·News flow comprised 8 articles (3 positive, 4 neutral, 1 negative) in the recent window, concentrated around quarterly results; no regulatory actions or governance concerns appeared in the top headlines.
Strengths
- +Ranked 1st of 6 Power sector peers on quality score (46/100), ahead of NTPC (31), ADANIGREEN (28), ADAНИENSOL (23), and ADANIPOWER (41); POWERGRID (39) is the nearest comparable.
- +PE of 19.88 is the second-lowest among 6 listed peers, below ADANIPOWER (33.4), ADANIENSOL (69.7), and ADANIGREEN (142.3); only POWERGRID (19.6) trades cheaper on this metric.
- +FCF was positive in 4 of the available fiscal years, and the debt trend is classified as falling — suggesting some deleveraging momentum despite the still-elevated absolute D/E level.
- +FY26 standalone PAT reported at +116% YoY with Q4 revenue rising to ₹11.4B, representing the highest-ever jump in standalone profit per company filings released May 2026.
Weaknesses
- −D/E of 20.68 is the highest in the peer group by a wide margin; at this leverage level, interest coverage and refinancing risk are material considerations that the current ROE of 10.31% may not comfortably absorb.
- −5-year earnings growth of -44.6% indicates that cumulative net profit is less than half of what it was five years ago, even as revenue compounded at 17.3% — a fundamental deterioration in earnings quality.
- −ROE of 10.31% with only 1 year above 15% over the measured period reflects limited return generation on equity; the consistency score of 65/100 indicates moderate but not strong financial predictability.
- −No analyst coverage data is captured in the dataset; with zero analyst ratings on record, there is no external consensus to cross-reference against the company's own reported figures or market price.
Open questions
- ?Does the 116% YoY PAT surge reflect a structural improvement in operating efficiency or a one-time item, and how does it compare to the 5-year earnings trajectory of -44.6%?
- ?At a D/E of 20.68 with debt trend described as falling, what is the pace of deleveraging and at what D/E level does the interest burden become manageable relative to operating cash flows?
- ?Revenue has grown 17.3% over 5 years while earnings contracted 44.6% — which cost line (fuel, finance charges, depreciation, or other) accounts for the divergence, and has that driver reversed?
- ?With no analyst coverage captured in the dataset, what independent sources can provide cross-verification of Nava's reported financials, particularly given the complexity of a heavily leveraged power company?
Peer comparison: Power
Ranks 1 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| NAVA | Nava Ltd.You're viewing | 19.9 | +10.3% | 46 |
| Industry avg | across 5 peers | 57.4 | +13.7% | 32 |
| ADANIPOWER | Adani Power Ltd. | 33.4 | +20.9% | 41 |
| POWERGRID | Power Grid Corporation of India Ltd. | 19.6 | +16.5% | 39 |
| NTPC | NTPC Ltd. | 21.9 | — | 31 |
| ADANIGREEN | Adani Green Energy Ltd. | 142.3 | +7.6% | 28 |
| ADANIENSOL | Adani Energy Solutions Ltd. | 69.7 | +9.7% | 23 |
Technical state
Current price
₹628.50
SMA 50
₹617.88
SMA 200
₹601.98
RSI (14)
41.9 (neutral)
From 52w high
-15.0%
1Y return
+35.3%
3M return
+10.3%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highDebt-to-equity of 20.68 is extremely elevated for a non-financial power company; listed peers NTPC (quality score 31) and POWERGRID (quality score 39) operate at far lower leverage ratios, placing NAVA in a distinct risk category on balance-sheet stress.
- high5-year earnings growth of -44.6% contrasts sharply with 5-year revenue growth of +17.3%; sustained top-line expansion accompanied by near-halving of earnings indicates severe margin compression or cost escalation over the medium term.
- mediumROE of 10.31% with only 1 of available years exceeding the 15% threshold; quality score of 46/100 ranks 1st among 6 peers but reflects a low-quality cohort — the absolute score indicates modest business quality by broader market standards.
- lowNo analyst coverage data available (rating: null, count: null); independent sell-side assessments of this stock are not captured in the dataset, limiting external cross-check on valuation and outlook.
Cross-section contradictions
- FY26 standalone PAT reported +116% YoY (per May 2026 news) contrasts with a 5-year earnings growth of -44.6%; the single-year surge may reflect recovery from a depressed base or a non-recurring item rather than a durable earnings reversal.
- Stock is up 35.26% over 12 months and trades above both SMA50 (617.88) and SMA200 (601.98), while 5-year earnings growth stands at -44.6% and D/E at 20.68 — price appreciation has materially outpaced the fundamental trajectory over the same period.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 17 May 2026 · rotates through NIFTY 500 every ~5 days