NAVA NSE filing

NAVA Q2 FY27: Revenue Surges 29.9% YoY to ₹1,252 Cr, PAT Doubles to ₹403 Cr

The RealCase readHigh impact Positive

Nava Limited reported a 29.9% YoY increase in Q2 FY27 consolidated revenue to ₹1,252 Cr. PAT doubled to ₹403 Cr. Energy division revenue rose 34.4%, and mining revenue increased 33.10%. Maamba Energy declared a US$15 Mn dividend. Maamba Solar's 100 MW project was commissioned, and the 300 MW Phase II is targeted for July 2027.

Why it matters

The significant increase in revenue and profit, coupled with the commissioning of new projects and dividend payouts, indicates a substantial positive impact on the company's financial performance and future outlook.

The market read

The company reported strong year-on-year growth in revenue, EBITDA, and PAT, along with positive updates on various ongoing projects and dividend declarations.

Nava Limited has announced its financial results for the quarter and half-year ended September 30, 2026. The company reported a consolidated operational revenue of ₹1,252 crore for Q2 FY27, marking a significant year-on-year increase of 29.9%. Consolidated EBITDA stood at ₹561 crore, up by 64.4% YoY, with an EBITDA margin of 42.0%. Profit After Tax (PAT) for the quarter doubled year-on-year to ₹403 crore, achieving a PAT margin of 30.2%.

For the half-year ended September 30, 2026 (H1 FY27), consolidated operational revenue grew by 14.2% YoY to ₹2,464.1 crore. Consolidated EBITDA for H1 FY27 was ₹1,144.3 crore, an increase of 18.1% YoY, and PAT rose by 27.7% to ₹736.3 crore.

The company's Energy division revenue increased by 34.4% due to healthy PLFs and increased plant availability. Mining revenue was up by 33.10% with higher sales quantity. Maamba Energy Limited declared a dividend of US$ 15.0 million in October 2026, contributing to Nava Global's cumulative dividend income of approximately US$ 28.0 million for the year. Additionally, US$ 10.5 million was realized from ZESCO in November 2026, reducing receivable arrears to US$ 2.6 million.

Maamba Solar's 100 MW project was commissioned on September 24, 2026. MEL's Phase II 300 MW project is progressing with targeted commissioning by July 2027. The avocado plantation is set for its first commercial harvest and sales between November 2026 and March 2027. The integrated sugar project's construction activities are on track with plant and machinery arriving at the site.

Filing to action

What to do with a filing like this

NAVA LIMITED filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.

See the model portfolios
Primary source

A plain-language summary of a public exchange filing by NAVA LIMITED. Read the original for the full detail.

View original filing