NSE: NAVNETEDUL | BSE: 508989

Strong Performer, Under Radar

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142.43 0.43 (0.30%)

92,692 NSE+BSE Volume

NSE 30 Apr, 2025 3:31 PM (IST)

3,150.7

Market Cap

High in industry

0.7

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.

06 Nov 2018

142.43

0.30%

Navneet Education Ltd. - Q2FY19 Result Update - Spillover revenues aided growth

Buy: Navneet Education Ltd.

Target

Religare

Navneet Education Ltd. (NEL) delivered robust set of numbers in Q2FY19 which came in marginally ahead of our estimates. Its net sales grew by 44.5% yoy led by publication segment which grew by 52.1% yoy. Traditionally Q1 is a strong quarter for NELs publication segment, however delays on account of licensing led to spillover of revenues in Q2. Its stationery segment also registered a robust growth of 29.5% yoy in Q2FY19.

Navneet Education Ltd. is trading below its 200 day SMA of 144.4

Navneet Education Ltd.

02 Nov 2018

142.43

0.30%

Navneet Education Ltd

Buy: Navneet Education Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Navneet reported a healthy set of Q2FY19 numbers mainly driven by a robust performance in the publication segment Revenues grew 44.5% YoY to | 263.5 crore (I-direct estimate: | 231.1 crore). Publication segment grew 52.5% YoY to | 179.5 crore. Growth acceleration was mainly on account of a spillover of revenues in Q2FY19. Stationery segment also reported a strong topline growth of 31% YoY to | 83.6 crore...

Navneet Education Ltd. has an average target of 150.00 from 1 broker.

Navneet Education Ltd.

09 Aug 2018

142.43

0.30%

Navneet Education Ltd. - Q1FY19 Result Update - Strong performance led by stationery segment

Buy: Navneet Education Ltd.

Target

Religare

Navneet Education Ltd. (NEL) delivered robust set of numbers for Q1FY19 which were in line with our estimates. Net Sales and PAT witnessed a growth of 18.5% and 15.2% respectively.

Navneet Education Ltd. has an average target of 150.00 from 1 broker.

Navneet Education Ltd.

09 Aug 2018

142.43

0.30%

In-line performance; improved visibility; Upgrade to Buy

Buy: Navneet Education Ltd.

Recommendation Target

Motilal Oswal

9 August 2018 Standalone revenue grew 19% YoY to INR6,700m (est. of INR6,453m) in 1QFY19, primarily driven by 58% YoY growth in Stationery revenue. EBITDA rose 22% YoY to INR1,974m (est. of INR1,916m), with the margin expanding 75bp YoY to 29.5% (est. Adj. PAT grew 15% YoY to INR1,263m (est. PAT margin was flat YoY at 19% (in-line). declined 2% YoY, primarily on account of a delay in government textbook (Balbharti) release (based on which the supplementary material is created) for standards 1, 8 and 10, where syllabus was changed. The delay was due to the introduction of a new policy on licensee fee, which was announced only on 21 June 2018. Consequently, we expect a spillover of ~INR600-700m of revenue to 2QFY19. Moreover, Publishing business visibility has improved further for FY20 based on syllabus change in Gujarat. We expect Publishing business to grow by 12% in FY19 and 9% in FY20.

Navneet Education Ltd. is trading below its 200 day SMA of 144.4

Navneet Education Ltd.

03 Aug 2018

142.43

0.30%

Navneet Education Ltd

Buy: Navneet Education Ltd.

Target

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.

Navneet Education Ltd.

24 May 2018

142.43

0.30%

Sluggish quarter; policy uncertainty prevails

Neutral: Navneet Education Ltd.

Recommendation Target

Motilal Oswal

May 2018 Educations (NELI) revenue grew by a sluggish 1.3% YoY to INR2,126m in 4QFY18. Adj. PAT declined 10% YoY to INR151m. PAT margin contracted 92bp YoY to 7.1% in 4QFY18. For FY18, revenue grew 2% to INR12,040m, EBIDTA declined 21% to INR2,225m and EBIDTA margin contracted 533bp to 18.5%. These government orders are typically placed by the social welfare and tribal departments, among others, to provide support to underprivileged students. According to management, the focus of these departments has now shifted to infrastructure provision, and thus, it does not foresee any government orders from now. large stationary order worth INR350m (which was received in 4QFY18) was deferred to 1QFY19, resulting in sluggish growth (2%) in Stationary in 4Q, which is a seasonally strong quarter for the segment. Going forward, management expects high growth in the high-margin exports business, while the domestic business is expected to continue witnessing competitive pressures.

Navneet Education Ltd. has an average target of 150.00 from 1 broker.

Navneet Education Ltd.

17 May 2018

142.43

0.30%

Navneet Education Ltd. - Q4FY18 Result Update - Challenging quarter

Buy: Navneet Education Ltd.

Religare

Navneet Education Ltd. (NEL) delivered subdued set of numbers for Q4FY18 in which Revenue grew by 3.5% yoy. The EBITDA de-grew by 18.1%, as EBITDA margin shrunk to 11.2% in Q4FY18. Net profit for the quarter de-grew by 10.7%.

Navneet Education Ltd. is trading above its 150 day SMA of 140.1

Navneet Education Ltd.

16 May 2018

142.43

0.30%

Navneet Education Ltd

Buy: Navneet Education Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research In a seasonally weak quarter for Navneet, revenues were at | 212.6 crore (I-direct estimate: | 225.3 crore), up 4% YoY. On the segmental front, revenues from the publishing and stationery segment grew 2% and 4% YoY to | 54.3 crore and | 157.8 crore, respectively EBITDA margins for the quarter declined 308 bps YoY to 11.2% (Idirect estimate: 12.0%) on account of an increase in employee and other expenses by 23% and 11%, respectively. EBIT margins for the publication segment declined 953 bps YoY to 15.5% mainly on...

Number of FII/FPI investors increased from 69 to 76 in Mar 2025 qtr.

Is Navneet Education Ltd. worth buying?

99 Votes:

Buy 79.8%

Sell 12.12%

Hold 8.08%

RESEARCH REPORTS

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