Navneet Education Limited reported its standalone and consolidated financial results for the quarter and year ended March 31, 2026. For the full fiscal year FY26, the company reported a Profit After Tax (PAT) of Rs 296 crore, a significant decline from Rs 801 crore in the previous year, primarily due to exceptional items. The Board of Directors, at its meeting held on May 21, 2026, approved the audited financial results and declared a second interim dividend of Rs 1.50 per equity share for the financial year 2025-26.

The statutory auditor expressed an unqualified audit opinion on the standalone and consolidated financial results for the year ended March 31, 2026. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed that the unaudited standalone and consolidated financial results for the quarter ended March 31, 2026, and the audited results for the year ended March 31, 2026, were published in the Economic Times and Maharashtra Times in Mumbai, and the Economic Times in Ahmedabad and Times of India in Surat edition on May 23, 2026.

Standalone Financial Performance

For the quarter ended March 31, 2026, the company reported revenue from operations of Rs 394 crore, a marginal increase from Rs 389 crore in the corresponding period of the previous year. Profit After Tax (PAT) for the quarter stood at Rs 25 crore, a decline from Rs 29 crore in Q4 FY25. EBITDA decreased to Rs 40 crore, with margins contracting to 10.2% from 14.4% in the prior year.

For the full fiscal year FY26, revenue from operations stood at Rs 1,683 crore, down from Rs 1,733 crore in FY25. The company noted that FY25 results included exceptional gains of Rs 604 crore, whereas FY26 included net exceptional items of Rs 127 crore.

Segment Performance

The company’s performance varied across its business segments. In Q4 FY26, the Publication business grew by 7%, while the Domestic Stationery business saw a 17% increase. Conversely, the Exports Stationery business revenue declined by 15% due to tariff challenges in the USA. For the full year FY26, Publication revenue grew by 0.6% to Rs 719 crore, and Domestic Stationery revenue increased by 4% to Rs 366 crore. Exports Stationery revenue fell by 10% to Rs 596 crore.

Operational Outlook

Management highlighted that Maharashtra and Gujarat will undergo a sizable curriculum change from FY27 to FY29, which is expected to drive healthy double-digit growth in the Publication business. Regarding the Exports Stationery business, the company anticipates a gradual recovery from FY27 onwards as clarity on tariffs improves. The investment in a manufacturing facility in UAE has been put on hold due to geopolitical tensions, though investments continue in a Gujarat facility to cater to new product categories.

Navneet Education has fixed June 3, 2026, as the record date for the payment of a second interim dividend. The dividend of INR 1.50 per equity share, representing 75% of the face value of INR 2 each, was declared by the Board of Directors at its meeting held on May 21, 2026. The payment is scheduled to be made on or before June 19, 2026, to members whose names appear on the register of members or in the records of depositories as on the record date.

Q4 Financial Performance

The company earlier reported its standalone and consolidated financial results for the quarter and year ended March 31, 2026. For the quarter ended March 31, 2026, the company reported revenue from operations of INR 394 crore, compared to INR 389 crore in the corresponding period of the previous year. The standalone net profit stood at INR 25 crore for the quarter, down from INR 29 crore in the year-ago period. Profit before tax was INR 29 crore, while exceptional items for the quarter totaled INR 8 crore.

The following table summarises the key standalone financial metrics for Q4 FY2026:

Annual Performance and Segment Results

For the full financial year ended March 31, 2026, the company reported a standalone net profit of INR 296 crore on a total income of INR 1,710 crore. In the previous year, the net profit was INR 801 crore. Segment-wise, the Stationery Products segment generated revenue of INR 962 crore, while the Publishing Content segment reported revenue of INR 719 crore for the year.