Description : NAVNEET was floated by the NAVNEET Group of Companies managed by Gala Family Members who have an enviable reputation of over 46 years in the field of Educational Books Publishing.

Since 1959, Navneet has been a major force in the dissemination of knowledge. NAVNEET is a dominant player in the field of educational books publishing, publishing more than 4000 titles every year in English, Hindi, Marathi and Gujarati.

In 1987, to further strengthen and consolidate the business of book publishing, NAVNEET installed ultramodern printing press at Dantali, District Gandhinagar, Gujarat. By 1991, sophisticated printing and binding machineries had been imported to complete the modernisation-cum-expansion plans of the company.


In 1993, NAVNEET installed machinery to manufacture paper stationery products at Vasai near Mumbai. The company also installed State-of-the-Art 'Note Book on-line' machine in 1995 at Daman. The operations at Daman have since been shifted to more specious factory at Silvassa.

Over the decades, NAVNEET has emerged as an educational products and services company in India. The company's products are sold under the 'Navneet', 'Vikas' and 'Gala' brand names.

NAVNEET's portfolio of syllabus based Books includes high quality books, supplementary books like Guides and 21 Question Sets among others in four languages, English, Hindi, Marathi and Gujarati. The company has a dominant market share in Gujarat and Maharashtra.



NAVNEET also produces various titles in the children and general books category, which are not based on syllabus, such as activity books for children, health series books, cookeries, mehendi,feng-shui etc.

The company enjoys leading position in premiere stationery markets in India, the Middle East, parts of Africa, U.S.A. and Europe.

To keep step with dynamic environment, NAVNEET launched Internet initiative called Navneet Edutainment Limited, a subsidiary of the company to leverage the Net and provide superior localised educational content. NAVNEET expects to capitalise on its long-standing presence in the conventional format to drive its success in the dynamic Internet environment.

The Company has posted a Turnover of Rs.274.53 Crores for the year 31st March, 2005. The Operating Profit of the Company for the year ended 31st March, 2005 stood at Rs.57.95 Crores and Profit After Tax was Rs.30.92 Crores. Book Value of the Company stood at Rs.91.00 and Earning Per Share was Rs.16.44. Net Worth of the Company increased from Rs.158.42 Crores to Rs.173.53 Crores. Promoters of the Company hold around 62% shares of the Company. The Shares of the Company are listed on National Stock Exchange, Mumbai Stock Exchange.
Navneet's market capitalisation as on 29th August, 2005 stood at Rs.591.53 Crores (based on the closing market price at NSE).