Nava Limited

NSE NAVA.NS

Nava Limited Interest Coverage Ratio for the year ending March 31, 2024: 6.01

Nava Limited Interest Coverage Ratio is 6.01 for the year ending March 31, 2024, a 40.67% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Nava Limited Interest Coverage Ratio for the year ending March 31, 2023 was 4.27, a 15.44% change year over year.
  • Nava Limited Interest Coverage Ratio for the year ending March 31, 2022 was 3.70, a 25.36% change year over year.
  • Nava Limited Interest Coverage Ratio for the year ending March 31, 2021 was 2.95, a 0.87% change year over year.
  • Nava Limited Interest Coverage Ratio for the year ending March 31, 2020 was 2.93, a -10.67% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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SV Wall Street
NSE: NAVA.NS

Nava Limited

CEO Mr. Ashwin Devineni
IPO Date July 1, 2002
Location India
Headquarters Silicon House
Employees 1,073
Sector Materials
Industries
Description

Nava Limited engages in the ferro alloys, power, mining, and healthcare businesses in India, Zambia, Hong Kong, Japan, and internationally. It generates and sells power using coal, biomass, biogas, and bagasse. The company operates 150 MW and 114 MW power plants in Paloncha, Telangana; 150 MW power plant in Kharagprasad, Odisha; 20 MW biomass power plant in Dharmavaram, Andhra Pradesh; and 300 MW thermal power plant in Zambia. It also mines coal at Maamba in Southern province of Zambia, as well as provides operation and maintenance services for power plants. In addition, the company various alloy metals, such as ferro chrome, silico manganese, ferro silicon, and chromium alloys that are used in automotive, railways, and construction industries, as well as in the manufacture of stainless-steel consumer goods. Further, it operates a medical clinic for the management of iron deficiency and the administration of intravenous iron in Singapore. Additionally, the company manages The Iron Suites Medical Center and corporate healthcare programmes; organizes medical congresses and awareness programmes; and in-licenses pharmaceutical products. The company was formerly known as Nava Bharat Ventures Limited and changed its name to Nava Limited in July 2022. Nava Limited was incorporated in 1972 and is based in Hyderabad, India.

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StockViz Staff

February 2, 2025

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