Nanavati Ventures Ltd
Incorporated in 2010, Nanavati Ventures Ltd
is engaged in the business of diamond trading.[1]
- Market Cap ₹ 50.9 Cr.
- Current Price ₹ 109
- High / Low ₹ 163 / 95.3
- Stock P/E 212
- Book Value ₹ 48.2
- Dividend Yield 0.00 %
- ROCE 1.39 %
- ROE 1.03 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Promoter holding has increased by 10.7% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 7.85% over past five years.
- Company has a low return on equity of 1.40% over last 3 years.
- Company has high debtors of 249 days.
- Working capital days have increased from 478 days to 934 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Metals & Mining Non - Ferrous Metals Precious Metals
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.73 | 1.08 | 0.55 | 5.95 | 11.24 | 18.74 | 15.99 | 25.83 | 8.68 | 22.08 | |
| 0.73 | 1.08 | 0.55 | 5.87 | 11.15 | 18.77 | 15.76 | 25.85 | 8.58 | 21.96 | |
| Operating Profit | 0.00 | 0.00 | 0.00 | 0.08 | 0.09 | -0.03 | 0.23 | -0.02 | 0.10 | 0.12 |
| OPM % | 0.00% | 0.00% | 0.00% | 1.34% | 0.80% | -0.16% | 1.44% | -0.08% | 1.15% | 0.54% |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.07 | -0.10 | 0.31 | 0.23 | 0.23 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 |
| Profit before tax | 0.00 | 0.00 | 0.00 | 0.08 | 0.16 | 0.02 | 0.12 | 0.27 | 0.31 | 0.33 |
| Tax % | 37.50% | 25.00% | 50.00% | 25.00% | 25.93% | 25.81% | ||||
| 0.00 | 0.00 | 0.00 | 0.05 | 0.12 | 0.01 | 0.09 | 0.20 | 0.23 | 0.24 | |
| EPS in Rs | 0.00 | 0.00 | 0.00 | 50.00 | 0.99 | 0.08 | 0.55 | 0.43 | 0.49 | 0.52 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | -23% |
| TTM: | 24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 184% |
| TTM: | -62% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| 1 Year: | 10% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 1.21 | 1.21 | 1.65 | 4.67 | 4.67 | 4.67 |
| Reserves | -0.01 | -0.01 | -0.01 | 0.04 | 4.96 | 4.97 | 6.81 | 17.58 | 17.82 | 17.85 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.88 | 0.12 | 1.87 | 2.82 | 0.46 | 11.53 | 0.13 | 0.13 | 5.88 | 17.06 | |
| Total Liabilities | 0.88 | 0.12 | 1.87 | 2.87 | 6.63 | 17.71 | 8.59 | 22.38 | 28.37 | 39.58 |
| 0.00 | 0.00 | 0.00 | 0.02 | 0.04 | 0.04 | 0.03 | 0.24 | 0.23 | 0.22 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.88 | 0.12 | 1.87 | 2.85 | 6.59 | 17.67 | 8.56 | 22.14 | 28.14 | 39.36 | |
| Total Assets | 0.88 | 0.12 | 1.87 | 2.87 | 6.63 | 17.71 | 8.59 | 22.38 | 28.37 | 39.58 |
Cash Flows
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.28 | -6.16 | 0.12 | -2.22 | -13.41 | -0.06 | |||
| 0.00 | -0.02 | -0.03 | -0.02 | 0.00 | -0.23 | 0.00 | |||
| 0.00 | 0.00 | 6.00 | 0.00 | 2.19 | 13.60 | 0.00 | |||
| Net Cash Flow | 0.00 | 0.26 | -0.19 | 0.10 | -0.03 | -0.04 | -0.06 | ||
| Free Cash Flow | 0.00 | 0.26 | -6.19 | 0.10 | -2.22 | -13.64 | -0.06 | ||
| CFO/OP | 350% | -6,822% | -533% | -965% | 66,700% | 20% |
Ratios
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 158.88 | 93.20 | 267.42 | 7.30 | 0.00 | 249.36 |
| Inventory Days | 435.97 | 30.99 | 1,250.46 | 0.00 | 0.00 | 55.32 | 165.82 | 225.18 | 706.07 |
| Days Payable | 446.11 | 41.32 | 1,263.98 | 226.81 | 1.18 | 0.14 | 251.45 | ||
| Cash Conversion Cycle | -10.14 | -10.33 | -13.52 | 158.88 | 93.20 | 95.92 | 171.94 | 225.03 | 703.98 |
| Working Capital Days | -10.00 | -10.14 | -13.27 | -14.11 | 196.79 | 116.28 | 189.23 | 309.75 | 934.37 |
| ROCE % | 320.00% | 5.14% | 0.32% | 3.83% | 1.82% | 1.39% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Market Presence - Office Locations count |
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| Permanent Employee Count numbers |
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| Trade Payable Turnover Ratio times |
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| Trade Receivables Turnover Ratio times |
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Extracted by Screener AI
Documents
Announcements
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
20 Apr - Nanavati Ventures confirms it is not a Large Corporate for FY2026 under SEBI debt disclosure norms.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
9 Apr - On April 9, 2026, Ankitkumar Shah appointed additional director; Vaishnavi Mihir Patel resigned.
-
Board Meeting Outcome for Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Appointment And Resignation Of Director
9 Apr - On April 9, 2026, Ankitkumar Shah appointed additional director; Vaishnavi Patel resigned.
-
Closure of Trading Window
27 Mar - Trading window closed from 01 Apr 2026 until 48 hours after audited results for year/half year ending 31 Mar 2026.
Business Overview:[1]
a) NVL is engaged in the trading of precious metals, stones, and jewellery.
b) It procures rough and unpolished diamonds in various categories, colours, cuts, sizes, and shapes from suppliers, which are then processed and polished by skilled workers on a job-work basis.
c) The company's operations include
sourcing polished and uncut diamonds from primary and secondary suppliers in the domestic market and selling them to retail and wholesale operations in the Gujarat.