Navneet Education Ltd

NSE: NAVNETEDUL BSE: 508989

Navneet Education Limited is primarily into manufacturing and trading of education books, reference books, technical & professional books in paper form and e-learning form, and also paper and non-paper based stationery products. [1]

₹142

52W: ₹121 — ₹168

PE 17.1 · Book ₹93.8 · +51% vs book

Market Cap₹3,132 Cr

Stock P/E17.1Price to Earnings

ROCE14.7%Return on Capital

ROE14.2%Return on Equity

Div. Yield2.09%Face Value ₹2

Strengths

+Company has reduced debt.
+Company is almost debt free.
+Company has been maintaining a healthy dividend payout of 23.3%

Weaknesses

−Earnings include an other income of Rs.141 Cr.

Shareholding Pattern

Promoters63.29%

FIIs3.11%

DIIs13.03%

Public20.58%

Category	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	63.31%	63.31%	63.35%▲0.0	63.35%	63.35%	63.35%	63.35%	63.29%▼0.1
FIIs	3.38%	3.35%▼0.0	3.42%▲0.1	3.95%▲0.5	4.14%▲0.2	3.63%▼0.5	3.16%▼0.5	3.11%▼0.1
DIIs	12.38%	12.38%	12.49%▲0.1	12.68%▲0.2	12.86%▲0.2	12.85%▼0.0	12.93%▲0.1	13.03%▲0.1
Public	20.92%	20.96%▲0.0	20.75%▼0.2	20.02%▼0.7	19.65%▼0.4	20.18%▲0.5	20.56%▲0.4	20.58%▲0.0

Financial Statements

Metric	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	261	255	385	794	271	280	389	792	246	251
Expenses	245	236	325	567	262	251	333	562	238	247
Operating Profit	16	20	60	227	9	29	56	230	8	4
OPM %	6%	8%	16%	29%	3%	10%	14%	29%	3%	2%
Net Profit	29	11	-18	743	3	26	30	161	-6	117
EPS ₹	1.3	0.47	-0.78	32.85	0.14	1.18	1.36	7.28	-0.27	5.29

AI Insights

Revenue Trend

TTM revenue at ₹1,678Cr, down 2.9% YoY. OPM at 18%.

Debt Position

Borrowings at ₹64Cr. Debt-to-equity ratio: 0.03x. Healthy balance sheet.

Capex Cycle

CWIP at ₹74Cr (24% of fixed assets). Significant capex underway — growth runway building.

Institutional Flow

DIIs: 13.03% (+1.88pp change). FIIs: 3.11% (-0.25pp change). Promoters hold 63.29%.

Margin & Efficiency

ROCE declining from 28% (Mar 2014) to 15% (Mar 2025). Working capital days: 155.

Valuation

PE 17.1x with 14.7% ROCE. Price is 51% above book value of ₹93.8. Dividend yield: 2.09%.