FY27 Publication Revenue Growth: ~15%
Maharashtra curriculum changing in grades 2,3,4,6 and Gujarat in grades 2,3, providing momentum to content business. New Navneet AI feature expected to drive teacher recommendations.
NAVNETEDUL / guidance tracker
Keep management guidance in view.
Navneet Education · forward-looking guidance across the available source record.
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Guidance tracker
What management said would happen.
revenue
FY27 Domestic Stationery Growth: 15-20%
Both paper and non-paper stationery segments contributing. Non-paper targeting 20% of domestic revenue mix by FY28. New categories being introduced regularly.
UAE Facility Revenue: ₹50-55 crore in FY27
First full year of UAE operations expected to generate ₹50-55 crore revenue at 8% EBITDA margin, scaling to ₹90 crore at 12% EBITDA in FY28.
Export Margin Recovery: Post-tariff resolution
Current export EBITDA at 5% vs historical 15%. Management expects automatic margin recovery once tariff issue resolves, as 10% discount to customers will cease.