Navigant FY26 Net Profit Falls 46% to ₹89.14 Lakh
Navigant Corporate Advisors Limited reported a decline in net profit to ₹89.14 lakh for the fiscal year ended March 31, 2026, compared to ₹165.46 lakh in the prior year. Revenue from operations decreased to ₹464.07 lakh from ₹779.51 lakh, while total expenses reduced to ₹361.28 lakh. The board approved the audited financial results on May 21, 2026, with M/s Ramanand & Associates issuing an unmodified opinion.

*this image is generated using AI for illustrative purposes only.
Navigant Corporate Advisors Limited has released its audited financial results for the fiscal year ended March 31, 2026. The Board of Directors approved the financial statements during a meeting held on May 21, 2026. The company reported a net profit of ₹89.14 lakh for the full year, marking a decrease from the ₹165.46 lakh posted in the corresponding previous year.
Financial Performance Overview
The financial data indicates a contraction in the company's top-line and bottom-line figures for the year ended March 31, 2026. Revenue from operations for the year stood at ₹464.07 lakh, a reduction from the ₹779.51 lakh achieved in the prior fiscal year. Total revenue, which includes other income, amounted to ₹490.57 lakh for FY26, compared to ₹827.94 lakh in FY25.
On the expenditure side, total expenses for the year were reported at ₹361.28 lakh, lower than the ₹589.82 lakh incurred in the previous year. Profit before tax for the period was ₹127.09 lakh, down from ₹229.96 lakh in the preceding year. Following tax expenses, the company arrived at a net profit of ₹89.14 lakh for the year ended March 31, 2026.
Key Financial Metrics
The following table summarizes the audited financial results for the year ended March 31, 2026, compared with the previous year:
| Particulars | Year Ended 31.03.2026 (₹ in Lacs) | Year Ended 31.03.2025 (₹ in Lacs) |
|---|---|---|
| Revenue from Operations | 464.07 | 779.51 |
| Other Income | 26.50 | 48.43 |
| Total Revenue | 490.57 | 827.94 |
| Total Expenses | 361.28 | 589.82 |
| Profit Before Tax | 127.09 | 229.96 |
| Net Profit | 89.14 | 165.46 |
| Basic EPS (Rs.) | 2.83 | 5.25 |
Operational and Balance Sheet Details
The company noted that it does not have more than one reportable segment in terms of AS-17 issued by ICAI. Consequently, segment-wise reporting is not applicable. Additionally, the company has not adopted the Indian Accounting Standards (Ind AS), utilizing the exemption available to companies listed on the SME Platform.
The balance sheet as of March 31, 2026, shows total assets of ₹1,388.78 lakh, slightly higher than the ₹1,387.96 lakh recorded in the previous year. Shareholders' funds increased to ₹1,305.67 lakh from ₹1,216.54 lakh in the prior year, driven by an increase in reserves and surplus to ₹990.39 lakh. The company’s cash and bank balances stood at ₹101.10 lakh as of the end of the fiscal year.
Auditor's Report and Compliance
M/s Ramanand & Associates, Chartered Accountants, audited the financial statements and issued an unmodified opinion. The audit report confirms that the financial statements give a true and fair view of the company's financial position and comply with the recognition and measurement principles laid down in the applicable accounting standards. The Managing Director, Sarthak Vijlani, also confirmed the unmodified opinion of the statutory auditors in a declaration to the Bombay Stock Exchange.
Historical Stock Returns for Navigant Corporate Advisors
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | +33.91% | +511.73% |
What specific business segments or client losses contributed to the ~40% decline in revenue from operations, and what strategies is Navigant Corporate Advisors implementing to reverse this trend in FY27?
Given the company's reliance on the SME Platform exemption from Ind AS adoption, how might a potential mandatory transition to Indian Accounting Standards impact its reported financials and investor perception?
With shareholders' funds growing to ₹1,305.67 lakh despite declining profitability, how does the management plan to deploy its capital reserves to drive revenue growth in the coming fiscal year?





























