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Nava Limited (NAVA) Fair Value & Analysis

Industrials · IN · Market cap ₹175B

NL Nava Limited NAVA · NSE
Price₹577.15
Fair Value₹569.74
Upside-1.3%
Quality57/100
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Expensive Growth
Solidly profitable · 18.3% net margin
Low debt · generates free cash flow
0.89% dividend yield
Mixed vs. peers (8/14)
Moderate moat 64/100
Evidence: Medium Range ₹320.08 – ₹729.03 Share as image

Fair value as of: Aug 8, 2026

From 12 valuation models · updated 2 days ago

Fair value updated Aug 8, 2026, revised from ₹472.13 to ₹569.74 (+20.7%) since Jul 3, 2026. Share price −3.8% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (₹320.08 to ₹729.03) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹730.40 ₹32.42 Fair Value ₹569.74 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 8, 2026.

How to read this chart

60‑month range ₹32.42 – ₹730.40 · fair‑value band ₹320.08 – ₹729.03 · the ₹577.15 price screens above the ₹569.74 fair value. Dashed = 300-day average. As of Aug 8, 2026.

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Analysis

Nava Limited (NAVA) currently trades at ₹577.15, while our model-based Fair Value estimate is ₹569.74, implying the stock looks roughly 1.3% fairly valued today. The Quality Score stands at 57/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Nava Limited generated revenue of ₹42.9B at a net margin of 18.3%. Revenue grew 12.2% year over year. It earns a return on equity of 10.3%. Net debt stands at ₹1.1B. Fundamentals as of Aug 8, 2026

Our scenario range runs from ₹320.08 (bear case) to ₹729.03 (bull case); at ₹577.15, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 22% below its 52-week high and 15% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at -1%, NAVA screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹229.07 ₹379.16 ₹621.46 80
Residual Income ₹265.86 ₹290.24 ₹374.74 76
Rev-Margin DCF ₹198.09 ₹327.43 ₹485.54 74
All 12 models by family
DCF Models
5Y P/E Exit ₹338.46 ₹604.25 ₹897.13 38
10Y P/E Exit ₹297.65 ₹521.41 ₹820.10 35
Earnings-Based
Graham-Dodd ₹188.85 ₹729.93 ₹989.63 54
Lynch FV ₹178.66 ₹255.23 ₹331.80 50
Dividend Discount
Gordon GGM ₹160.46 ₹333.64 ₹529.28 70
DDM Multi-Stage ₹160.46 ₹281.33 ₹350.16 61
Multiples
P/E Multiple ₹437.42 ₹583.22 ₹729.03 63
P/B Multiple ₹354.10 ₹472.13 ₹590.17 55
Asset-Based
NCAV (Graham) ₹154.37 ₹206.86 ₹308.74 50
Growth DCF
Growth DCF ₹229.07 ₹379.16 ₹621.46 80
Rev-Margin DCF ₹198.09 ₹327.43 ₹485.54 74
Economic Profit
Residual Income ₹265.86 ₹290.24 ₹374.74 76

Widest divergence: DCF Models (₹521.41) versus Asset-Based (₹206.86). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹42.9B
Revenue growth (YoY) +12.2%
Net margin 18.3%
Return on equity 10.3%
Free cash flow ₹5.4B FY2026
P/E ratio 22.2
More key figures
Operating margin 24.5%
EPS (TTM) ₹27.84
Dividend yield 0.9%
EPS growth (YoY) -44.6%
Net debt ₹1.1B FY2026

Figures from reported company fundamentals · as of Aug 8, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 57 · Market factors (momentum, volatility) 45

Profitability 39
Margins and returns on capital today
Quality Growth 15
Are margins and returns improving?
Cashflow 65
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 30
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 35
Price trend over the last 3–12 months (market factor)
52W Momentum 30
Distance to the 52-week high (market factor)
Net Issuance 96
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Nava Limited, together with its subsidiaries, engages in ferroalloy manufacturing, energy, mining, agribusiness, and operation and maintenance services in India, Zambia, the United States, Hong Kong, Japan, the United Arab Emirates, and internationally. It operates through Ferro Alloys, Energy, Mining, and Other segments.

Full company description

Nava Limited, together with its subsidiaries, engages in ferroalloy manufacturing, energy, mining, agribusiness, and operation and maintenance services in India, Zambia, the United States, Hong Kong, Japan, the United Arab Emirates, and internationally. It operates through Ferro Alloys, Energy, Mining, and Other segments. The company operates 150 MW and 114 MW coal power plants in Paloncha, Telangana; 150 MW coal power plant in Dhenkanal, Odisha; 20 MW coal/bagasse power plant in Dharmavaram, Andhra Pradesh; and 300 MW power plant in Zambia. It also engages in the production of various alloy metals, including ferro chrome and silicon, and silico manganese; generation of power from thermal sources and related ancillary services; mining and selling of coal; distribution of pharmaceutical products; operation of avocado and sugar cane plantations; and provision of operation and maintenance services for power plants. The company was formerly known as Nava Bharat Ventures Limited and changed its name to Nava Limited in July 2022. Nava Limited was incorporated in 1972 and is headquartered in Hyderabad, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Nava Limited reported revenue of ₹42.9B in FY2026 versus ₹33.1B in FY2022, a compound +6.7%/yr. Reported net income was ₹7.9B in FY2026, compounding +11.0%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹42.9B
Latest YoY
+8.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.1%
Avg. growth/yr (21Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.2%
Revenue +6.7%/yr
FY22 ₹33.1B
FY23 ₹35.1B
FY24 ₹38.0B
FY25 ₹39.7B
FY26 ₹42.9B
Net income +11.0%/yr
FY22 ₹5.2B
FY23 ₹9.3B
FY24 ₹9.4B
FY25 ₹10.9B
FY26 ₹7.9B
Character of growth · EPS growth decomposed (2015-2026) +21.9 % p.a.
Revenue per share +13.4 pp

of which total revenue +11.0 pp · buybacks/dilution +2.4 pp

EBIT margin +10.0 pp
Tax rate −1.3 pp
Residual (interest, one-offs) −0.2 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Nava Limited Fair Value". https://www.fairvalue-calculator.com/stock/NAVA

Peer Group

Conglomerates · 369 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 57 · Above median
Fair Value upside −1% · Above median
Return on equity (TTM) 10% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 18% · Top 25%
Operating margin (TTM) 25% · Top 25%
Revenue growth 12% · Above median
Dividend yield (TTM) 0.9% · Below median
Debt / equity 0.25× · Higher than median

Valuation Multiples vs Conglomerates median · lower = cheaper

P/E (TTM) 22.2× · Pricier than median
P/B 2.00× · Pricier than 75% of peers
P/S (TTM) 4.09× · Pricier than 75% of peers
P/FCF 0.3× · Cheaper than median
EV/EBITDA 10.2× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 32 · sector 20
FUTURE 61 · sector 16
PAST 41 · sector 20
HEALTH 88 · sector 88
DIVIDEND 18 · sector 39

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

Is Nava Limited (NAVA) overvalued or undervalued?
As of Aug 8, 2026, our model estimates a fair value of ₹569.74 versus a price of ₹577.15, about −1% (fairly valued).
What is the fair value of NAVA?
Our model-based fair value for Nava Limited is ₹569.74 (as of Aug 8, 2026), built from audited fundamentals. The current price is ₹577.15.
What is the quality score of NAVA?
Nava Limited has a Quality Score of 57/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Nava Limited (NAVA)?
Nava Limited reported trailing-twelve-month revenue of about ₹42.9B (latest available figure, as of Aug 8, 2026).
What is the net profit margin of NAVA?
The net profit margin of Nava Limited is about 18.3%, meaning it keeps roughly 18.3% of revenue as net income. Based on the latest reported figures.
Does Nava Limited pay a dividend?
Nava Limited currently shows a dividend yield of about 0.89% relative to its recent price (as of Aug 8, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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