Navneet Education Ltd

Navneet Educat. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Navneet Education Ltd

₹ 145 -0.38%
05 Dec 4:01 p.m.
navneet.com BSE: 508989 NSE : NAVNETEDUL
About

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]

Key Points

Market Position[1]
Co. has a dominant market share of ~65% in western India. The company serves 5 Mediums/Languages for State Board Publications including CBSE/ICSE

Website BSE NSE
  • Market Cap ₹ 3,286 Cr.
  • Current Price ₹ 145
  • High / Low ₹ 176 / 88.1
  • Stock P/E 26.9
  • Book Value ₹ 56.3
  • Dividend Yield 1.79 %
  • ROCE 19.4 %
  • ROE 15.0 %
  • Face Value ₹ 2.00
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 38.2%

Cons

  • Stock is trading at 2.58 times its book value
  • The company has delivered a poor sales growth of 7.09% over past five years.
  • Company has a low return on equity of 7.49% over last 3 years.
  • Earnings include an other income of Rs.156 Cr.

* 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

Sector: Printing & Stationery Industry: Printing & Stationery

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
164 123 216 328 231 233 322 694 330 264 409 791 266
165 144 178 273 214 223 267 498 307 265 356 583 270
Operating Profit -1 -21 37 54 17 10 55 195 22 -1 53 209 -4
OPM % -0% -17% 17% 17% 8% 4% 17% 28% 7% -0% 13% 26% -2%
47 9 3 7 8 81 2 23 3 67 4 11 74
Interest 2 2 1 2 2 1 2 3 2 3 4 8 4
Depreciation 12 13 12 12 11 11 16 11 14 13 20 13 15
Profit before tax 32 -26 27 47 13 79 39 204 10 51 33 199 52
Tax % 36% 11% 29% 32% 62% 36% 23% 25% 122% 40% 31% 27% 31%
20 -23 19 32 5 50 30 152 -2 31 23 145 36
EPS in Rs 0.89 -0.99 0.82 1.40 0.22 2.24 1.35 6.77 -0.10 1.36 1.01 6.41 1.57
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
616 815 892 974 956 1,168 1,203 1,442 1,496 832 1,112 1,694 1,731
483 620 682 735 749 892 979 1,170 1,180 744 1,017 1,403 1,473
Operating Profit 133 194 210 239 207 275 223 272 315 88 94 291 257
OPM % 22% 24% 24% 25% 22% 24% 19% 19% 21% 11% 8% 17% 15%
11 2 4 3 17 22 26 23 22 59 98 79 156
Interest 7 11 12 11 5 6 9 17 19 11 7 13 18
Depreciation 17 23 26 31 30 28 31 33 47 47 50 58 60
Profit before tax 120 162 176 200 190 264 210 245 272 89 135 298 335
Tax % 35% 34% 34% 35% 37% 31% 39% 38% 27% 37% 45% 32%
78 107 115 130 107 171 127 153 197 56 74 204 234
EPS in Rs 3.27 4.48 4.83 5.47 4.51 7.30 5.45 6.68 8.62 2.44 3.34 9.04 10.35
Dividend Payout % 43% 36% 41% 40% 49% 34% 28% 15% 35% 41% 45% 29%
Compounded Sales Growth
10 Years: 8%
5 Years: 7%
3 Years: 4%
TTM: 10%
Compounded Profit Growth
10 Years: 4%
5 Years: 4%
3 Years: -7%
TTM: -32%
Stock Price CAGR
10 Years: 10%
5 Years: 7%
3 Years: 21%
1 Year: 12%
Return on Equity
10 Years: 16%
5 Years: 13%
3 Years: 7%
Last Year: 15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 48 48 48 48 48 47 47 46 46 46 45 45 45
Reserves 314 371 431 496 535 647 705 745 817 885 903 1,105 1,228
Preference Capital 0 0 0 0 0 0 0 0 0 0 0 0
145 169 234 144 103 159 244 337 278 74 135 288 48
73 122 132 136 83 167 158 190 149 176 186 218 245
Total Liabilities 579 709 844 823 769 1,020 1,154 1,318 1,290 1,181 1,269 1,657 1,566
161 174 187 170 181 252 255 252 298 261 249 240 267
CWIP 4 6 5 4 1 3 4 17 6 22 4 7 6
Investments 1 31 47 49 32 24 46 66 88 142 167 300 348
414 498 604 599 556 740 849 984 898 755 850 1,109 945
Total Assets 579 709 844 823 769 1,020 1,154 1,318 1,290 1,181 1,269 1,657 1,566

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
8 74 59 162 168 79 48 95 286 268 29 -22
-46 -70 -62 -8 -4 -79 -54 -43 -61 -40 -24 -86
33 -6 6 -155 -170 -6 -79 -11 -201 -214 -2 101
Net Cash Flow -6 -2 3 -1 -6 -6 -85 41 23 14 3 -6

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 69 74 80 71 71 87 97 74 65 81 80 71
Inventory Days 265 260 281 274 244 258 267 287 236 382 318 270
Days Payable 18 24 18 14 24 48 46 47 23 72 47 28
Cash Conversion Cycle 315 310 343 330 292 297 318 313 278 391 350 313
Working Capital Days 163 161 186 168 176 171 202 182 171 230 196 183
ROCE % 28% 32% 29% 30% 28% 35% 24% 25% 25% 5% 6% 19%

Shareholding Pattern

Numbers in percentages

Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
62.33% 62.33% 62.33% 62.84% 63.15% 63.31% 63.31% 63.31% 63.31% 63.31% 63.31% 63.31%
4.02% 4.16% 4.30% 3.78% 3.66% 2.94% 2.42% 2.65% 3.10% 3.42% 3.36% 4.03%
16.02% 15.76% 14.67% 14.88% 14.27% 13.26% 13.24% 12.39% 12.04% 11.28% 11.15% 11.39%
17.63% 17.75% 18.70% 18.50% 18.91% 20.49% 21.03% 21.65% 21.53% 21.98% 22.17% 21.61%
No. of Shareholders 31,41931,90234,04341,31040,64743,79641,68143,60541,75741,62839,56040,112

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls