Nava Limited reported a solid fiscal performance for the year ending March 31, 2026. The company achieved its highest-ever standalone income of ₹2,242 crore, driven by robust operational performance and strong dividend cashflows. Despite consolidated figures reflecting market softness and tax impacts, Nava continues to see significant growth in its Silico Manganese volumes and ongoing progress across key strategic infrastructure projects in the energy and agriculture sectors.
Financial Performance Overview
For the fiscal year 2026, Nava Limited delivered resilient financial results. The company recorded a consolidated revenue of ₹4,479 crore, marking an 8.3% increase year-over-year. A major highlight was the standalone income reaching ₹2,242 crore, representing the highest level in the company’s history. The standalone segment also achieved a profit after tax of ₹911 crore, another record high, supported by strategic share buybacks and dividend inflows.
Business Segment Highlights
The Ferro Alloys division saw a significant production shift, with Silico Manganese output increasing by 22% for the full year. Sales volume for this segment rose by 42% year-over-year, bolstered by a strong export performance. In the Energy segment, India-based operations maintained healthy Plant Load Factors (PLFs), with the 114 MW Telangana plant achieving a PLF of 74.6% and the 150 MW Odisha unit hitting 77.2%.
Strategic Growth Projects
Nava Limited is advancing several key infrastructure and diversification projects:
- Maamba Solar: Construction of the 100 MW solar plant is on track, with commissioning planned for July 2026.
- MEL Phase II: Work on the 300 MW expansion continues with steady progress on mechanical and electrical erections.
- Diversification: The company successfully exported its initial yield of avocados to South Africa and has commenced construction activities for its Integrated Sugar project following the completion of major package ordering.
Zambian Operations Update
The Zambian operations, under Maamba Energy, declared a cumulative dividend of US$ 175 million for the year, with Nava Global’s share amounting to US$ 113.75 million. The company also reported a successful reduction in arrears, which now stand at US$ 28.0 million, demonstrating improved liquidity and operational efficiency in the region.
Source: BSE
