Company has reduced debt. Company is almost debt free. Company has been maintaining a healthy dividend payout of 38.2%
Navneet Education Limited is primarily into manufacturing and trading of education books, reference books, technical & professional books in paper form and e-learning form, and also paper and non-paper based stationery products
Co. has a dominant market share of ~65% in western India. The company serves 5 Mediums/Languages for State Board Publications including CBSE/ICSE
Co. has 600+ SKUs for 30+ countries. Out of this, 60% of the total stationery exports are from the US market making it the most important market. Walmart is a preferred client.
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