Navneet Education Limited, a prominent Indian enterprise, specializes in the dynamic realms of educational and children’s book publishing, scholastic stationery, and non-paper stationery products. With a multifaceted approach, the company operates across three key segments: publication, stationery, and diverse others. Renowned for its wide array of products under brands such as Navneet, Vikas, Gala, and YOUVA, the company has established itself as a stalwart in the education sector.
In this article, we delve into the comprehensive landscape of Navneet Education Limited, exploring its diverse offerings, market presence, and pivotal role in shaping educational resources and stationery solutions.
About Navneet Education
Steering the educational landscape, Navneet Education holds a commanding 65% market share in western India. Thriving across various domains, the company excels in educational content publication, stationery, and innovative ed-tech ventures. Noteworthy subsidiaries like Indiannica Learning Pvt. Ltd. and eSense Learning Private Limited offer comprehensive learning solutions and cutting-edge e-learning services.
The FY23 revenue split underscores its resilience, with 56% derived from stationary, 43% from publication, and remarkable export growth. Pioneering initiatives such as Navneet Digibook and the engaging Navneet Kids Platform showcase the company’s commitment to evolving education. Despite projected losses in tech, Navneet remains undeterred, planning substantial CAPEX for future expansion.
As of January 1st, 2024, the company boasts a market cap of ₹3,441 Cr. and a current price of ₹152, marking its continued financial prowess.
How to purchase Navneet Education Shares?
Below are the trading platforms that you can use to purchase Navneet Education:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Navneet Education Share Price Target 2024 – 2030
Navneet Education Share Price Target 2024
When | Maximum Price | Minimum Price |
January 2024 | 164.16 | 142.75 |
February 2024 | 167.51 | 145.66 |
March 2024 | 170.93 | 148.63 |
April 2024 | 165.95 | 144.30 |
May 2024 | 163.50 | 142.17 |
June 2024 | 169.38 | 147.29 |
July 2024 | 167.69 | 145.82 |
August 2024 | 174.40 | 151.65 |
September 2024 | 181.37 | 157.72 |
October 2024 | 177.82 | 154.62 |
November 2024 | 183.15 | 159.26 |
December 2024 | 187.73 | 163.24 |
Analyzing the projected share price targets for Navneet Education in 2024 reveals a positive trajectory. The stock is anticipated to witness fluctuations throughout the year, with an optimistic outlook. Starting at a maximum of ₹164.16 and a minimum of ₹142.75 in January, the prices are expected to gradually rise, reaching a maximum of ₹187.73 and a minimum of ₹163.24 by December 2024.
This upward trend aligns with an encouraging Stock P/E ratio of 28.2, indicating a favorable market sentiment and confidence in Navneet Education’s future performance. Investors may find this forecast promising for potential returns in the coming year.
Navneet Education Share Price Target 2025
When | Maximum Price | Minimum Price |
January 2025 | 191.48 | 147.30 |
February 2025 | 196.39 | 151.07 |
March 2025 | 204.05 | 156.96 |
April 2025 | 200.05 | 153.89 |
May 2025 | 194.23 | 149.40 |
June 2025 | 202.97 | 156.13 |
July 2025 | 198.99 | 153.07 |
August 2025 | 205.14 | 157.80 |
September 2025 | 212.32 | 163.32 |
October 2025 | 217.84 | 167.57 |
November 2025 | 223.29 | 171.76 |
December 2025 | 228.87 | 176.05 |
Navneet Education’s stock is poised for a bullish run in 2025, with projected highs ranging from 191.48 in January to 228.87 in December.
The optimistic outlook extends to minimum prices, starting at 147.30 and reaching 176.05. Recent news highlights the company’s strategic moves in the educational technology sector, instilling confidence in investors about its promising future.
Navneet Education Share Price Target 2026
When | Maximum Price | Minimum Price |
January 2026 | 235.74 | 181.34 |
February 2026 | 241.78 | 185.98 |
March 2026 | 251.21 | 193.24 |
April 2026 | 246.28 | 189.45 |
May 2026 | 239.11 | 183.93 |
June 2026 | 249.87 | 192.21 |
July 2026 | 244.97 | 188.44 |
August 2026 | 252.55 | 194.27 |
September 2026 | 261.39 | 201.07 |
October 2026 | 268.18 | 206.29 |
November 2026 | 274.89 | 211.45 |
December 2026 | 281.76 | 216.74 |
In 2026, Navneet Education’s stock is projected to witness substantial growth, with maximum prices ranging from 235.74 in January to an impressive 281.76 in December.
The minimum prices also indicate a strong upward trend, starting at 181.34 and reaching 216.74. These projections underscore a positive market sentiment, reflecting the company’s potential for robust performance.
Navneet Education Share Price Target 2027
When | Maximum Price | Minimum Price |
January 2027 | 287.39 | 221.07 |
February 2027 | 294.76 | 226.74 |
March 2027 | 306.26 | 235.58 |
April 2027 | 300.25 | 230.96 |
May 2027 | 291.51 | 224.24 |
June 2027 | 304.63 | 234.33 |
July 2027 | 298.65 | 229.73 |
August 2027 | 307.89 | 236.84 |
September 2027 | 318.67 | 245.13 |
October 2027 | 326.95 | 251.50 |
November 2027 | 335.13 | 257.79 |
December 2027 | 343.50 | 264.23 |
Navneet Education Share Price Target 2028
When | Maximum Price | Minimum Price |
January 2028 | 350.37 | 269.52 |
February 2028 | 359.36 | 276.43 |
March 2028 | 373.37 | 287.21 |
April 2028 | 366.05 | 281.58 |
May 2028 | 355.39 | 273.38 |
June 2028 | 371.38 | 285.68 |
July 2028 | 364.10 | 280.08 |
August 2028 | 375.36 | 288.74 |
September 2028 | 388.50 | 298.85 |
October 2028 | 398.60 | 306.62 |
November 2028 | 408.57 | 314.28 |
December 2028 | 418.78 | 322.14 |
Navneet Education Share Price Target 2029
When | Maximum Price | Minimum Price |
January 2029 | 427.16 | 328.58 |
February 2029 | 438.11 | 337.01 |
March 2029 | 455.19 | 350.15 |
April 2029 | 446.27 | 343.28 |
May 2029 | 433.27 | 333.29 |
June 2029 | 452.77 | 348.28 |
July 2029 | 443.89 | 341.45 |
August 2029 | 457.62 | 352.01 |
September 2029 | 473.64 | 364.33 |
October 2029 | 485.95 | 373.81 |
November 2029 | 498.10 | 383.15 |
December 2029 | 510.55 | 392.73 |
Navneet Education Share Price Target 2030
When | Maximum Price | Minimum Price |
January 2030 | 520.76 | 400.59 |
February 2030 | 534.11 | 410.86 |
March 2030 | 554.95 | 426.88 |
April 2030 | 544.06 | 418.51 |
May 2030 | 528.22 | 406.32 |
June 2030 | 551.99 | 424.61 |
July 2030 | 541.16 | 416.28 |
August 2030 | 557.90 | 429.15 |
September 2030 | 577.43 | 444.18 |
October 2030 | 592.44 | 455.72 |
November 2030 | 607.25 | 467.12 |
December 2030 | 622.43 | 478.79 |
Navneet Education Financial Condition: Last 5 Years
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Sales (Rs. Crores) | 1442 | 1496 | 832 | 1112 | 1694 |
Expenses (Rs. Crores) | 1170 | 1180 | 744 | 1017 | 1403 |
Operating Profit (Rs. Crores) | 272 | 315 | 88 | 94 | 291 |
OPM (%) | 19% | 21% | 11% | 8% | 17% |
Other Income (Rs. Crores) | 23 | 22 | 59 | 98 | 79 |
Interest (Rs. Crores) | 17 | 19 | 11 | 7 | 13 |
Depreciation (Rs. Crores) | 33 | 47 | 47 | 50 | 58 |
Profit before Tax (Rs. Crores) | 245 | 272 | 89 | 135 | 298 |
Tax (%) | 38% | 27% | 37% | 45% | 32% |
Net Profit (Rs. Crores) | 153 | 197 | 56 | 74 | 204 |
EPS (Rs.) | 6.68 | 8.62 | 2.44 | 3.34 | 9.04 |
Dividend Payout (%) | 15% | 35% | 41% | 45% | 29% |
Over the last five years, Navneet Education has displayed varying financial performance. Sales witnessed fluctuations, with a notable dip in 2021 followed by a substantial rebound in 2023. Operating Profit Margin (OPM) experienced a decline in 2022 but recovered in 2023. Despite challenges, the company’s compounded sales growth over the last five years stands at 7%, reflecting resilience.
However, the compounded profit growth shows a downturn, particularly in the last three years, with a negative 7% growth. Stock price CAGR demonstrates impressive growth rates over different periods, signaling positive investor sentiment. Return on equity remained robust, reaching 15% in the last fiscal year, showcasing the company’s ability to generate value for shareholders consistently over the past five years.
Navneet Education Share Price Target by Prabhudas Lilladher
Prabhudas Lilladher, in its November 07, 2023 research report, has expressed bullish sentiment on Navneet Education, issuing a buy recommendation and setting a target price of Rs 195 for the stock.
FAQs
What is Navneet Education’s current market cap?
As of January 1st, 2024, Navneet Education’s market capitalization stands at ₹3,441 Crores.
What is the current share price of Navneet Education?
The current share price of Navneet Education is ₹152 as of January 1st, 2024.
What is the share price target for Navneet Education in 2025?
The projected share price for Navneet Education in December 2025 ranges from ₹191.48 to ₹176.05.
What is the share price target for Navneet Education in 2030?
The projected share price for Navneet Education in December 2030 ranges from ₹520.76 to ₹478.79.
What is the FY23 revenue split for Navneet Education?
In FY23, Navneet Education’s revenue split was 56% from stationary, 43% from publication, and the remaining from other sources.
What is the compounded sales growth for Navneet Education over the last 5 years?
The compounded sales growth for Navneet Education over the last 5 years is 7%.
What is the historical dividend payout percentage for Navneet Education?
The dividend payout percentage for Navneet Education has ranged from 15% to 45% over the last 5 years.
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Conclusion
Navneet Education Limited emerges as a stalwart in India’s educational landscape, boasting a commanding 65% market share in western India. With a diverse portfolio spanning educational content, stationery, and ed-tech ventures, the company showcases resilience amid fluctuating sales. Pioneering initiatives like Navneet Digibook and the Navneet Kids Platform underscore a commitment to evolving education.
Despite projected tech losses, Navneet remains robust, planning significant CAPEX. The optimistic stock price targets for 2024 to 2030 indicate a positive trajectory, supported by favorable market sentiment and a Stock P/E of 28.2. Prabhudas Lilladher’s bullish stance, setting a target price of Rs 195, aligns with the company’s promising outlook. Navneet Education stands poised for sustained growth, underpinned by innovation and a strong market presence.
What did we learn?
- 1 About Navneet Education
- 2 How to purchase Navneet Education Shares?
- 3 Navneet Education Share Price Target 2024 – 2030
- 3.1 Navneet Education Share Price Target 2024
- 3.2 Navneet Education Share Price Target 2025
- 3.3 Navneet Education Share Price Target 2026
- 3.4 Navneet Education Share Price Target 2027
- 3.5 Navneet Education Share Price Target 2028
- 3.6 Navneet Education Share Price Target 2029
- 3.7 Navneet Education Share Price Target 2030
- 4 Navneet Education Financial Condition: Last 5 Years
- 5 Navneet Education Share Price Target by Prabhudas Lilladher
- 6 FAQs
- 6.1 What is Navneet Education’s current market cap?
- 6.2 What is the current share price of Navneet Education?
- 6.3 What is the share price target for Navneet Education in 2025?
- 6.4 What is the share price target for Navneet Education in 2030?
- 6.5 What is the FY23 revenue split for Navneet Education?
- 6.6 What is the compounded sales growth for Navneet Education over the last 5 years?
- 6.7 What is the historical dividend payout percentage for Navneet Education?
- 7 Conclusion