NSE: NAVNETEDUL | BSE: 508989

Strong Performer, Getting Expensive

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150.74 -1.20 (-0.79%)

531.0K NSE+BSE Volume

High vol. this week

NSE 26 Aug, 2025 3:31 PM (IST)

3,334.6

Market Cap

High in industry

0.6

Beta 1Year

Very Low volatility

Navneet Education Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for NAVNETEDUL, BSE:508989 Navneet Education Ltd.

Navneet Education Ltd.

10 Nov 2021

150.74

-0.79%

Navneet Education Ltd

Buy: Navneet Education Ltd.

Target

ICICI Securities Limited

Over the years, the company has built a strong brand in the educational content & scholastic stationery In the state boards of Maharashtra and Gujarat, the company has a market...

Prabhudas Lilladhar decreased Hold price target of Navneet Education Ltd. to 136.0 on 09 Aug, 2025.

Navneet Education Ltd.

02 Nov 2021

150.74

-0.79%

Q2FY22 Result Update - 2H to witness improved traction - ACCUMULATE

Accumulate: Navneet Education Ltd.

Target

Prabhudas Lilladhar

Focus on scaling Ed-Tech is clearly evident. & stationary sales amid staggered re-opening of higher grades (8-12th) due to declining COVID cases. Management hinted that publishing & stationary revenue will be better than FY21 and can breach pre-COVID levels in FY23. NELI has lined up aggressive expansion plans in the Ed-Tech space with a...

Navneet Education Ltd. is trading above all available SMAs

Navneet Education Ltd.

02 Jun 2021

150.74

-0.79%

Navneet Education Ltd

Buy: Navneet Education Ltd.

Target

ICICI Securities Limited

Navneet reported mixed Q4FY20 results wherein revenues were impacted by Covid-19 disruptions while better gross margins supported PAT growth. Revenue for the quarter declined 15.6% YoY to | 207.2 crore (publication: 10% to | 55.9 crore, stationery: -17.5% to | 151.0 crore). According to the management, due to lockdown company, lost revenues worth | 54 crore (publication: | 10 crore, stationery: | 44 crore). Gross margins improved substantially by 950 bps YoY to 61.6% owing to benefits of a decline in paper prices (~600 bps) and favourable product mix for stationery exports. EBITDA grew 16% YoY to | 32.7 crore with margin expansion of 430 bps...

Number of FII/FPI investors increased from 76 to 82 in Jun 2025 qtr.

Navneet Education Ltd.

13 Aug 2020

150.74

-0.79%

Q1FY21 Result Update - NEP provides long term visibility - Accumulate

Accumulate: Navneet Education Ltd.

Recommendation Target

Prabhudas Lilladhar

We cut our sales/PAT estimates by 7.7%/6.0% for FY21E as 1) in a truncated academic year, recouping the entire lost sales of 1Q (strongest quarter) can be a challenge 2) domestic stationary business is expected to suffer due to delay in opening of schools 3) exports stationary business has witnessed some order cancellations and revenue is expected to be flat and 4) ILL business can face growth headwinds as penetrating newer schools can get difficult in such an environment. However, our FY22E estimates are more or less unchanged as we expect normalcy to resume by next academic cycle....

Navneet Education Ltd. average weekly volume is high.

Navneet Education Ltd.

04 Feb 2020

150.74

-0.79%

Navneet Education Ltd

Buy: Navneet Education Ltd.

Target

ICICI Securities Limited

With limited changes in the FY21 syllabus for Maharashtra, the outlook for the publication segment stays subdued in the near term. The company is seeking acquisition opportunities to enhance its geographical reach to other states (with acquisition size of ~| 100 crore). The management expects Indiannica (recent acquisition in CBSE curriculum) to achieve breakeven in FY20E (vs. EBITDA loss of | 19.7 crore in FY19) owing to introduction of new workbooks, content, reduction in fixed overheads, enhanced marketing spends. We build in revenue CAGR of 13% in FY19-21E, driven by 5%, 23%...

Prabhudas Lilladhar decreased Hold price target of Navneet Education Ltd. to 136.0 on 09 Aug, 2025.

Navneet Education Ltd.

12 Aug 2019

150.74

-0.79%

Navneet Education Ltd

Buy: Navneet Education Ltd.

ICICI Securities Limited

Strong quarter for publication segment albeit on low base Navneet reported steady revenue growth in the publication segment in its critical quarter (~55% of revenues derived in Q1). Revenue grew 18% YoY to | 432.2 crore, albeit on low base of Q1FY19 (previous quarter disrupted owing to licencing issues). We believe syllabus change in Gujarat (across all standards) and Maharashtra (II, III, XI standards) were key drivers for revenue growth. We expect revenue growth for the publication segment to taper down in Q2FY20, on the back of very strong base (52% growth in...

Navneet Education Ltd. average weekly volume is high.

Navneet Education Ltd.

12 Aug 2019

150.74

-0.79%

In-line performance led by stationary/publication sales

Buy: Navneet Education Ltd.

Motilal Oswal

Healthy overall performance; PAT grows 17%: 1QFY20 revenue grew 19% YoY to INR7,950m (v/s est. INR7,705m), primarily driven by 18%/19% YoY growth in stationery/publication revenues. EBITDA rose 17% YoY to INR2,314m (v/s est. INR2,250m), with margin contraction of 30bp YoY to 29% (in-line). Adj. PAT grew 17% YoY to INR1,474m (v/s est. INR1,454m). Publication revenues up healthy 18%; exports drive stationery growth: Publication revenues grew 18% YoY to INR4,322m, while EBIT margins contracted 400bp YoY to 38% in 1QFY20. Stationery revenues grew a robust...

Number of FII/FPI investors increased from 76 to 82 in Jun 2025 qtr.

Navneet Education Ltd.

21 May 2019

150.74

-0.79%

Navneet Education Ltd

Buy: Navneet Education Ltd.

ICICI Securities Limited

Syllabus change aids revenue growth for publication segment After subdued growth in FY18 (5.7% YoY), the publication segment exited FY19 with healthy topline growth of 13.1% YoY to | 710.8 crore. There was a revival in revenue owing to syllabus change in Maharashtra for academic year 2018-19 (for I/VIII/X standards). For FY20, we expect revenues to increase ~11% on syllabus change in Gujarat (across all standards). We model in 10% revenue CAGR for the publication segment (excluding Indiannica) in FY19-21E. Scaling-up of Indiannica (the company's recent...

Prabhudas Lilladhar decreased Hold price target of Navneet Education Ltd. to 136.0 on 09 Aug, 2025.

Navneet Education Ltd.

17 May 2019

150.74

-0.79%

Indiannica scale-up slower-than-expected; PAT misses est.

Buy: Navneet Education Ltd.

Target

Motilal Oswal

grew 20%/22%/20% to INR14.4b/ INR2.7b/INR1.5b. Overall, EBITDA margins expanded 20bp to 18.7%. Stationery business grew 16%, K-12 turns profitable: Stationery revenue grew 16% to INR1,829m, driven mainly by exports, which were up 27% YoY to INR1,130m. Domestic stationery business declined 1% to INR700m. 4QFY19 being a seasonally slow quarter for the Publishing business, revenue was up 14% YoY to INR622m. K-12, NELI's associate company, turned profitable in FY19, contributing INR56m (NELI's share...

Number of FII/FPI investors increased from 76 to 82 in Jun 2025 qtr.

Navneet Education Ltd.

16 May 2019

150.74

-0.79%

Q4FY19 Result Update

Buy: Navneet Education Ltd.

Target

Prabhudas Lilladhar

Paper prices have increased by ~7% YoY in FY19. Debt increased to Rs3,370mn in FY19 amid inventory pile-up in light of rising paper prices. Navneet's (NELI) 4QFY19 results were in-line with our estimates in a seasonally lean quarter with revenues of Rs2,455mn (up 15.5% YoY), EBITDA...

Prabhudas Lilladhar decreased Hold price target of Navneet Education Ltd. to 136.0 on 09 Aug, 2025.

Is Navneet Education Ltd. worth buying?

105 Votes:

Buy 79.05%

Sell 13.33%

Hold 7.62%

RESEARCH REPORTS

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Hold SEE REPORTS >

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