Navneet Education Ltd.

NSE: NAVNETEDUL | BSE: 508989 | ISIN: INE060A01024 | Industry: Publishing
| Strong Performer, Under Radar
142.4300 0.43 (0.30%)
NSE Apr 30, 2025 15:31 PM
Volume: 88,249
 

142.43
0.30%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Navneet's revenues grew 19% YoY to | 670 crore (I-direct estimate: | 620.9 crore). Growth was mainly driven by the stationery segment, which grew 60% YoY to | 303.4 crore. In the seasonally strong quarter for the publication segment, revenues in the segment declined marginally by 1.5% YoY to | 366 crore EBITDA margins for the quarter improved 60 bps YoY to 29.5% (Idirect estimate: 28.1%) on account of a decline in employee & other expenses as a percentage of sales by 60 and 20 bps, respectively. On...
Navneet Education Ltd. has an average target of 150.00 from 1 broker.
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