Navneet Education Ltd
About
Gala Group founded Navneet Education Limited in 1959 to provide educational content. It manufactures stationery, educational syllabus and non-syllabus based books, children’s books, and general books in both Indian and foreign languages, along with syllabus based digital learning. Some of its popular brands include YOUVA, TOPClass, Gala, TOPScorer, Grafalco, and Vikas. Navneet’s acquisition of Encyclopaedia Britannica (India) Private Limited’s CBSE curriculum textbook publishing segment enables it to supply digital solutions for regional teaching and learning needs. Since its inception, it has published more than 5800 titles by over 400 authors. It has served more than 250 million students across 30+ countries around the globe. After visiting 110,000 coaching classes, colleges, and schools, Navneet Education has invested in innovative educational initiatives like the K-12 learning model, BeGalileo, Tinkerly, and Sports For All.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 1839 -1.3% | 1863 51.3% | 1232 44.3% | 854 -43.5% | 1511 -1.3% | 1530 20.7% | 1268 6.0% | 1196 28.7% | 930 -10.9% | 1044 11.6% | 935 8.2% | 864 33.3% | 648 15.2% | 563 7.1% | 525 -5.0% | 553 - |
| Net Operating Income (INR Cr) | 1751 3.21% | 1697 52.28% | 1114 33.52% | 835 -44.81% | 1512 4.64% | 1445 20.02% | 1204 3.11% | 1168 21.39% | 962 -3.21% | 994 10.88% | 896 9.53% | 818 29.89% | 630 12.93% | 558 4.95% | 532 3.17% | 515 25.33% |
| Profit (INR Cr) | 252 23.0% | 205 170.7% | 76 35.1% | 56 -71.6% | 197 29.1% | 153 20.0% | 127 -25.4% | 171 58.7% | 107 -17.5% | 130 13.2% | 115 7.9% | 107 36.8% | 78 16.8% | 67 4.4% | 64 13.4% | 56 - |
| Assets (INR Cr) | 1557 7.9% | 1442 32.8% | 1086 8.0% | 1006 -11.9% | 1143 1.2% | 1130 11.6% | 1013 16.5% | 869 24.9% | 696 0.6% | 692 -3.4% | 716 21.0% | 592 16.1% | 510 30.4% | 391 7.1% | 365 9.9% | 332 - |
| Net Worth (INR Cr) | 1293 12.4% | 1150 21.4% | 948 1.9% | 930 7.8% | 863 9.1% | 791 5.2% | 752 8.4% | 694 19.0% | 583 7.3% | 543 13.6% | 478 14.2% | 419 15.9% | 361 12.0% | 323 9.8% | 294 13.8% | 258 11.9% |
| Employee Cost (INR Cr) | 258 11.1% | 232 26.2% | 184 12.0% | 164 -8.9% | 180 5.2% | 171 16.7% | 147 23.7% | 119 19.3% | 99 13.7% | 87 18.9% | 74 7.1% | 69 12.4% | 61 13.1% | 54 13.9% | 47 18.6% | 40 - |
| Interest Cost (INR Cr) | 21 | 13 | 7 | 11 | 19 | 17 | 9 | 6 | 5 | 11 | 12 | 11 | 7 | 5 | 4 | 8 |
| Cash & Bank Balance (INR Cr) | 25 | 28 | 29 | 24 | 10 | 21 | 7 | 10 | 6 | 6 | 7 | 4 | 5 | 11 | 11 | 8 |
| Total Debt (INR Cr) | 258 | 288 | 135 | 74 | 278 | 337 | 244 | 159 | 103 | 144 | 234 | 169 | 145 | 66 | 71 | 74 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 13.7% | 11.0% | 6.1% | 6.6% | 13.1% | 10.0% | 10.0% | 14.3% | 11.6% | 12.5% | 12.3% | 12.3% | 12.0% | 11.9% | 12.2% | 10.2% |
| Profit As % Of Assets | 16.2% | 14.2% | 7.0% | 5.6% | 17.3% | 13.5% | 12.6% | 19.6% | 15.5% | 18.8% | 16.1% | 18.0% | 15.3% | 17.1% | 17.5% | 17.0% |
| Profit As % Of Networth | 19.5% | 17.8% | 8.0% | 6.0% | 22.9% | 19.3% | 16.9% | 24.6% | 18.4% | 24.0% | 24.1% | 25.5% | 21.6% | 20.7% | 21.8% | 21.8% |
| Interest Cost to EBITDA % | 7.2% | 4.6% | 7.7% | 13.0% | 6.0% | 6.2% | 3.9% | 2.0% | 2.2% | 4.7% | 5.6% | 5.5% | 5.5% | 3.9% | 3.4% | 8.0% |
| Debt to Equity Ratio | 0.20 | 0.25 | 0.14 | 0.08 | 0.32 | 0.43 | 0.32 | 0.23 | 0.18 | 0.26 | 0.49 | 0.40 | 0.40 | 0.21 | 0.24 | 0.28 |
| RONW | 15.7% | 15.1% | 3.1% | 3.2% | 23.9% | 19.8% | 17.6% | 28.4% | 21.3% | 25.5% | 25.7% | 27.5% | 22.8% | 21.6% | 23.1% | 23.0% |
| ROCE | 16.2% | 19.4% | 5.8% | 5.3% | 25.6% | 24.5% | 23.3% | 34.4% | 28.0% | 30.0% | 28.7% | 31.4% | 28.2% | 29.5% | 29.3% | 28.4% |