Navneet Education
- Market cap
- ₹ 2,658 Cr.
- P/E
- 22.3x
- P/B
- 1.34x
- 52-week range
- 117.28 – 166
- ROE
- 8%
- ROCE
- 10%
- Dividend yield
- 2.4%
- Debt / equity
- 0.05
- Sector
- Household Products
- Industry
- Stationary
- Listed on
- NSE, BSE
About
Navneet Education Limited is an India-based manufacturer of Maharashtra and Gujarat State board publication books and stationery products. The Company’s segments include Publication, Stationery, and Others. The Publication segment consists of supplementary books such as workbooks, guides, and question banks which are based on the latest prescribed syllabus by state education boards under the brand name of Vikas and Gala. The Stationery business consists of paper based and non-paper-based stationery under the brand names Navneet and Youva. It is also in the business of developing digital content and technology platforms for schools, teachers and students in India. Its businesses include state board curriculum, non-curriculum, Central Board of Secondary Education (CBSE), stationery, edtech (education technology) and others. Its CBSE business includes Indiannica, Rise, Companion and Grafalco. Its edtech business includes Navneet TopTech, which provides TopSchool, TopClass and TopScorer.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Stationary: 9 companies →Navneet Education against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)22.3 against a typical 22.3: in line than most peers (1st = cheapest).5th of 9
- Sales growth−0.8% against a typical +0.9% from a year earlier.6th of 8
- Profit growth−10.2% against a typical −23.7% from a year earlier.2nd of 5
- Share price, 3 months−9.9% against a typical −12.9%.4th of 8
- Size₹ 2,658.1 Cr. market value against a typical ₹ 548.1 Cr. (1st = largest).1st of 7
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | — | — | 19 Oct 2026 |
| CARE | CARE AA / CARE A1+ | Stable | 30 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 19 Oct 2026 | Reaffirmed | — | — | CRISIL | ₹ 302 Cr. | |
| 30 Jan 2026 | Reaffirmed | CARE AA / CARE A1+ | — | CARE | ₹ 452 Cr. | |
| 27 Oct 2025 | Reaffirmed | — | — | CRISIL | ₹ 302 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 28 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 21 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 30 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 10 Nov 2025 | Financial Results/Dividend | Pursuant to Regulation 29 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, It is hereby informed that a meeting of Board of Directors of the Company will be held on Monday,10th November, 2025, inter-alia, to:1. consider, approve and take on record the Standalone and Consolidated Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2025;2. consider declaration of interim dividend, if any, for the Financial Year 2025-26 and to fix the record date for the same. |
| 7 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 19 May 2025 | Financial Results/Dividend | 1. consider, approve and take on record the Standalone and Consolidated Unaudited Financial Results of the Company for the quarter ended 31st March, 2025 and the Standalone and Consolidated Audited Financial Results of the Company for the financial year ended 31st March, 2025; and2. recommend dividend, if any, on the equity shares of the Company for the financial year ended 31st March, 2025. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 266 | 259 | 435 | 798 | 272 | 282 | 434 | 794 | 247 | 250 | 430 | 788 |
| Expenses | 270 | 260 | 355 | 577 | 270 | 264 | 355 | 567 | 246 | 258 | 377 | 590 |
| Operating Profit | −4 | −2 | 80 | 221 | 2 | 18 | 79 | 227 | 1 | −8 | 53 | 198 |
| OPM % | −1.6% | −0.7% | 18% | 28% | 0.7% | 6% | 18% | 29% | 0.4% | −3.2% | 12% | 25% |
| Other Income | 74 | 3 | 5 | 669 | 11 | 27 | 0 | 8 | 4 | 248 | 20 | 19 |
| Interest | 4 | 4 | 5 | 7 | 4 | 4 | 5 | 6 | 4 | 4 | 3 | 5 |
| Depreciation | 15 | 16 | 21 | 15 | 15 | 17 | 19 | 17 | 18 | 21 | 23 | 19 |
| Profit before tax | 52 | −19 | 58 | 868 | −6 | 24 | 55 | 212 | −17 | 215 | 47 | 193 |
| Tax % | 31% | −30% | 18% | 14% | −17% | 38% | 13% | 26% | −12% | 13% | 17% | 27% |
| Net Profit | 36 | −13 | 48 | 747 | −5 | 15 | 48 | 157 | −15 | 188 | 39 | 141 |
| EPS in Rs | 1.57 | −0.58 | 2.11 | 31.08 | −0.23 | 0.63 | 2.17 | 7.1 | −0.68 | 7.78 | 1.72 | 6.37 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 6%
- 5 Years
- 16%
- 3 Years
- 1%
- TTM
- −4%
- 10 Years
- 4%
- 5 Years
- 40%
- 3 Years
- −1%
- TTM
- −38%
- 10 Years
- 3%
- 5 Years
- 6%
- 3 Years
- −5%
- TTM
- —
- 10 Years
- 13%
- 5 Years
- 11%
- 3 Years
- 12%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Navneet Education | ₹ 126.00 | ₹ 2,658 Cr. | 22.3x | 1.3x | 8% | — |
| Saregama India | ₹ 487.55 | ₹ 9,425 Cr. | 44.8x | 5.6x | 12.6% | 20.9% |
| Jagran Prakashan | ₹ 59.86 | ₹ 1,303 Cr. | 6.2x | 0.7x | 9.9% | 9.9% |
| Sandesh | ₹ 941.70 | ₹ 713 Cr. | 10.9x | 0.5x | 4.7% | 15% |
| Hindustan Media Ventures | ₹ 77.00 | ₹ 565 Cr. | 4.2x | 0.4x | 5.3% | 10.3% |
| HT Media | ₹ 22.86 | ₹ 534 Cr. | 5.6x | 0.4x | −1.4% | −1% |
Management
- Kalpesh D. Dedhia
- Chief Financial Officer
- Gnanesh Dungarshi Gala
- Managing Director, Executive Director
- Raju Harakhchand Gala
- Joint Managing Director, Executive Director
- Anil Dungarshi Gala
- Whole Time Director
- Shailendra Jitendra Gala
- Whole Time Director
- Dilip Chatrabhuj Sampat
- Whole Time Director
- Indrajit Kanase
- Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.