Navneet Education Limited — PPTs, 05-02-2025: Investor Presentation
Navneet Education Limited reported robust financial results for the quarter and nine months ended December 2024. The publication segment revenue surged by 28% year-on-year to approximately Rs. 113 crores, largely driven by institutional orders, affirming its market leadership. Conversely, the domestic stationery business encountered difficulties, with revenues dropping 24% to around Rs. 52 crores due to declining raw material prices affecting procurement. A positive aspect was the export stationery business, which rose 17% year-on-year to approximately Rs. 115 crores, thanks to new product introductions and geographical expansions. Overall EBITDA reached about Rs. 28 crores, translating to a margin of 10.1%. Management anticipates a recovery in growth and margins in Q4 FY25, supported by stable paper prices. The outlook remains optimistic, focusing on core business strengthening and strategic growth initiatives to sustain long-term value for stakeholders.
