Navneet Education Limited — Investor Meet, 26-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Navneet Edu reports stable Q4 revenue at INR 394 Cr but FY26 revenue slipped to INR 1,683 Cr due to global headwinds. Big boost ahead for publications with major curriculum changes in Maharashtra & Gujarat from FY27-29, expecting double-digit growth and margin expansion. Domestic stationery saw 4% value/6% volume growth; company plans INR 70 Cr branding investment over two years for YOUVA brand and non-paper expansion, impacting near-term margins. Export stationery, hit by US tariffs, expects high single-digit growth rebound. Gujarat plant (INR 65 Cr) supports new products. Indiannica is merging for cost synergies. Management is confident in long-term growth foundations despite short-term margin absorption.