Hyderabad, May 17, 2025 : NAVA Limited, a diversified Indian multinational conglomerate
operating across multiple sectors including Metals, Mining, Energy, Commercial
Agriculture and Healthcare, announced its financial results for the quarter and year ended March 31, 2025.

 

Financial Highlights for FY25 (Consolidated)

  • Total revenue at INR 4,135.2 cr – Highest
    ever : with YoY growth of 4.6%     

  • Consolidated PAT at INR 1,434.0 cr – Highest
    ever , with YoY growth of 14.2%      

  • Recommended
    Final dividend of INR 6 per share; this is in addition to
    interim dividend of INR 4 per
    share (paid before share split).  

Financial Highlights for Q4 FY25 (Consolidated)

  • Total revenue at INR 1,055.8 cr, with QoQ
    growth of 20.2% and YoY growth of 10.9%     

  • PAT at INR 302.8 cr, with QoQ de-growth of
    14.3% and YoY growth of 18.8%     

Other
Highlights

  • Maamba
    Energy Limited (MEL) Board has declared dividend of US$ 50.0 Mn, subject
    to shareholders approval. 

  • MEL
    has repaid shareholder loans and outstanding interest fully to the
    sponsors in Apr 25. Since Apr 24, MEL paid US$ 196.0 Mn to both the
    sponsors 

  • Nava
    received approvals for converting the 60 MW unit CPP into IPP which shall
    pave way for higher operational Plant Load Factors (PLFs) from Q3
    FY26 

  • Maamba
    Solar Energy Limited (MSEL) signed 20 year PPA with ZESCO Limited for 100
    MW solar project at tariff of US$ 7.80 cents/kWh. Initiated works on EPC
    contractor Finalisation, debt funding, investment incentives etc 

  • During
    the quarter received dividend of Rs. 30.4 cr from subsidiary Nava Bharat
    Projects Limited thereby, the cumulative dividend income from subsidiaries
    for the year 2024-25 is Rs. 114.3 cr. 

Segment
wise highlights:

  1. Energy 

  • India:
    114 MW power plant has significantly improved operational performance and
    made profit of Rs. 38.3 cr Vs Rs. 3.0 cr for FY24.  

  • Odisha
    power units continue to operate at healthy PLFs and good margins owing to
    coal cost advantages.  

  • NBEIL’s
    150 MW power plant operated at increased PLF of 69.9% Vs 63.8% for FY24
    and made PBT of Rs. 126.4 cr Vs Rs. 115.8 cr for FY24.   

  • Zambia:
    MEL’s 300 MW power plant sustained the high PLF of 90% for FY25. ECL
    provision reversal for the year was US$ 17.1 Mn Vs US$ 23.5 Mn for FY24.
    During the quarters both units underwent planned shutdown reducing the
    plant availability to 80.9% Vs 95.1% for Dec 24.   

  1. Metals 

  • Metals
    division profitability turned around from loss of Rs. 70.7 cr for FY24 to
    profit of Rs. 27.6 cr for FY25. During the quarter sold 42,327 MT Vs
    20,068 MT for Dec 24 significantly adding to the revenue and
    profitability. Ferro Silicon Alloys sustained good margins in export
    market. 

  1. Mining 

  • Mining
    division continues stable operations, external sales and
    profitability.  

  1. Commercial
    agriculture 

  • Avocado
    Plantation    : Approximately 168,000 avocado trees planted till
    date. Trees are healthy and establishing well with good
    growth.  

  • Integrated
    Sugar Project    : Seed cane nursey is ready for multiplication and
    more plantlets are being planted for multiplication. Land preparation
    works have started and irrigation system is being developed in phases.
    Progress is being made on debt funding, EPC contract etc  

Commenting on the results, Ashwin Devineni, Chief Executive
Officer, said, “For FY25, NAVA Group
delivered multiple milestones. Our
consolidated revenue was INR 4,135 cr at a YoY
growth of 4.6%, and a PAT of Rs 1,434 crore. Our revenue and profit for the
year are the highest ever.

 

All our major segments – Metals, Mining and Energy, have shown
robust growth as compared to last year. Our ferro alloys business has
significantly turned around and contributed to the improvement in profit in
FY25.

 

We have also seen significant improvement in MEL’s receivables
position. Post the close of the financial year, MEL received US$ 55.0 Mn which
has helped it repay its shareholder loans in full to the sponsors.  

 

With
an objective to improve shareholder value, we completed two corporate actions
during the last financial year – a stock split in Q3 and a share buyback for
Rs. 360.0 cr in Q4. In addition to these, we continue to maintain our dividend
distribution at a healthy rate.

 

Our new projects under Maamba Solar, Nava Avocado and Kawambwa
Sugar are showing encouraging progress. We are
progressing on a robust cash and capital allocation plan which sufficiently
meets our expansion objectives.

 

Finally, I would like to extend a warm welcome to Mr. K V S
Vithal, who has joined us as Chief Financial Officer (CFO) of NAVA Group with
effective from February 8, 2025.”

Quantitative
Table of Operational Data (Sales Qty):

 

About NAVA

NAVA (Estd: 1972,
NSE: NAVA BSE : 513023 / NAVA) is a publicly listed multinational conglomerate
with global footprint of mulit-faceted businesses and is a front-runner in
ferro alloy manufacturing, energy and mining for over 50 years. Nava is now
spreading its wings to other high-potential sectors like Healthcare and
Commercial Agriculture.

For more
information, please visit www.navalimited.com

Nava Limited will
host a conference call to discuss the quarterly financial results on May 16,
2025 at 1600 hrs (IST). Investors and stakeholders are invited to visit the
company’s website for more details.

Disclaimer: Certain
statements in this document that are not historical facts are forward looking
statements. Such forward-looking statements are subject to certain risks and
uncertainties like government actions, local, political or economic
developments, technological risks, and many other factors that could cause
actual results to differ materially from those contemplated by the relevant
forward-looking statements. Nava Limited (formerly Nava Bharat Ventures
Limited) will not be in any way be responsible for any action taken based on
such statements and undertakes no obligation to publicly update these
forward-looking statements to reflect subsequent events or circumstances.