Date: 21st May 2026

Board Meeting Outcomes

The Board of Directors of Navneet Education Limited at its meeting held on Thursday, 21st May 2026 (commencing at 11:45 AM and concluding at 2:25 PM) approved:

1. Standalone and Consolidated Unaudited Financial Results for the quarter ended 31st March 2026

2. Standalone and Consolidated Audited Financial Results for the Financial Year ended 31st March 2026

3. Declaration of second interim dividend of ₹1.50 (75%) per equity share (face value ₹2 each) for FY 2025-26

Dividend Declaration

  • Type: Second Interim Dividend
  • Financial Year: 2025-26
  • Amount: ₹1.50 per equity share (75% of face value ₹2)
  • Record Date: Wednesday, 3rd June 2026
  • Payment Date: On or before 19th June 2026

Financial Results (Standalone)

For Year Ended 31st March 2026 (Audited)

  • Total Income: ₹1,710 Crores (Previous Year: ₹1,758 Crores)
  • Revenue from Operations: ₹1,683 Crores
  • Other Income: ₹25 Crores
  • Profit Before Exceptional Items and Tax: ₹215 Crores (PY: ₹264 Crores)
  • Exceptional Items (net): ₹127 Crores (PY: ₹604 Crores)
  • Profit Before Tax: ₹302 Crores (PY: ₹868 Crores)
  • Tax Expense: ₹73 Crores
  • Profit for the Year: ₹229 Crores (PY: ₹801 Crores)
  • Other Comprehensive Income: ₹(3) Crores
  • Total Comprehensive Income: ₹286 Crores (PY: ₹800 Crores)
  • Basic EPS: Not explicitly stated in standalone [Calculated approximately ₹10.41 per share based on ₹229 Cr profit and 44 Cr share capital]

For Quarter Ended 31st March 2026 (Unaudited)

  • Total Income: ₹400 Crores
  • Profit Before Exceptional Items and Tax: ₹21 Crores
  • Exceptional Items: ₹19 Crores
  • Profit Before Tax: ₹2 Crores
  • Profit for the Quarter: ₹13 Crores

Financial Results (Consolidated)

For Year Ended 31st March 2026 (Audited)

  • Total Income: ₹1,749 Crores (PY: ₹1,810 Crores)
  • Revenue from Operations: ₹1,721 Crores
  • Other Income: ₹28 Crores
  • Profit Before Share of Profit of Associates and Tax: ₹202 Crores (PY: ₹258 Crores)
  • Share of Profit/(Loss) of Associates: ₹# (negligible) (PY: ₹(1) Crores)
  • Profit Before Exceptional Items and Tax: ₹202 Crores (PY: ₹257 Crores)
  • Exceptional Items (net): ₹255 Crores (PY: ₹683 Crores)
  • Profit Before Tax: ₹457 Crores (PY: ₹940 Crores)
  • Tax Expense: ₹88 Crores
  • Profit for the Year: ₹369 Crores (PY: ₹804 Crores)
  • Other Comprehensive Income: ₹(77) Crores
  • Total Comprehensive Income: ₹292 Crores (PY: ₹802 Crores)
  • Profit Attributable to Owners: ₹352 Crores
  • Basic EPS: ₹16.00 (PY: ₹33.97)
  • Diluted EPS: ₹16.00 (PY: ₹33.97)

For Quarter Ended 31st March 2026 (Unaudited)

  • Total Income: ₹436 Crores
  • Profit Before Exceptional Items and Tax: ₹33 Crores
  • Exceptional Items: ₹14 Crores
  • Profit Before Tax: ₹47 Crores
  • Profit for the Quarter: ₹39 Crores
  • Profit Attributable to Owners: ₹38 Crores

Exceptional Items Explanation

The exceptional items primarily relate to:

1. Impact of new Labour Codes notified by Government of India on 21st November 2025

  • Initial provision of ₹23 Crores made in Q3 FY2026 for incremental gratuity liability
  • Revised by ₹7 Crores reduction in Q4 FY2026 based on March 2026 FAQs and consultant advice
  • Net impact of ₹16 Crores for the labour code provisions

2. Profit on sale of land & building aggregating to ₹3 Crores

3. Fair value gains on investments and other one-time items

Segment Performance (Standalone - FY2026 Audited)

Revenue:

  • Publishing Content: ₹719 Crores
  • Stationery Products: ₹962 Crores
  • Others (windmill, etc.): ₹5 Crores
  • Total Segment Revenue: ₹1,686 Crores
  • Less: Inter Segment Revenue: ₹3 Crores
  • Total Revenue: ₹1,683 Crores

Segment Results (Profit before tax and exceptional items):

  • Publishing Content: ₹188 Crores
  • Stationery Products: ₹65 Crores
  • Others: ₹3 Crores
  • Total Segment Result: ₹256 Crores

Subsidiary Updates

1. Incorporated wholly owned subsidiary 'Navneet Global FZE' in Fujairah, UAE on 19th January 2026

2. Subscribed to 5 lakhs Non Cumulative Optionally Convertible Redeemable Preference Shares of face value USD 1 aggregating to ₹5 Crores issued by US Subsidiary Brick N Click Inc

3. The group consists of multiple subsidiaries including Indiannica Learning Private Limited, Navneet (HK) Limited, Navneet Tech Ventures Private Limited, Brick N Click Inc, Navneet Global FZE, and associate Carveniche Technologies Private Limited

Strategic Action

The Board approved a Composite Scheme of Arrangement on 8th January 2026 for demerger of 'Publishing Business' of Indiannica Learning Private Limited (wholly owned subsidiary) into Navneet Education Limited. The scheme is subject to approval from NCLT, Mumbai Bench.

Cash Flow Highlights (Standalone - FY2026)

  • Cash Generated from Operations: ₹323 Crores
  • Income Taxes Paid: ₹(17) Crores
  • Net Cashflow from Operating Activities: ₹306 Crores
  • Net Cashflow Used in Investing Activities: ₹(101) Crores
  • Net Cashflow Used in Financing Activities: ₹(179) Crores
  • Net Increase in Cash: ₹26 Crores

Capital Structure

  • Paid-up Equity Share Capital: ₹44 Crores (Face Value ₹2 per share)
  • Other Equity (Standalone): ₹2,133 Crores
  • Total Equity (Standalone): ₹2,177 Crores

Other Operational Disclosures

The financial results were reviewed by the Audit Committee and approved by the Board. The figures for the quarter ended 31st March 2026 are derived figures between the audited full year figures and published unaudited year-to-date figures up to 31st December 2025.