NAVA Ltd.

NSE: NAVA | BSE: 513023 | ISIN: INE725A01030 | Industry: Power - Electric Utilities
| Strong Performer
585.6500 -8.30 (-1.40%)
NSE Jun 26, 2025 10:03 AM
Volume: 209.7K
 

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NAVA Ltd.
03 Oct 2016
585.65
-1.40%
IDBI Capital
Nava Bharat Ventures Limited (NBVL) operates in the business of power generation, ferro alloys and agri-business. Sales of power and ferro-alloys (87% of FY16 net revenues) are the main businesses of NBVL and it also operates a sugar plant with a capacity of 4,000 tcd (8% of FY16 net revenues). The company has completed its major capital expenditure cycle and is on the verge of transitioning its cash flow profile by commissioning a 300 MW power plant in Zambia in partnership with government of Zambia. The power plant is backed by a captive coal mine and has an offtake arrangement with Zambian electricity distributor ZESCO. We expect NBVL's EBITDA/PAT to grow at a CAGR of 55%/14% during FY16-FY19E. Further, we estimate NBVL to generate strong free cash flows (over Rs10,000 mn...
NAVA Ltd. has gained 28.83% in the last 1 Month
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