GST on erasers and exercise books may be cut to zero. At the same time, rates on pencils, crayons, sharpeners, maps, atlases and related items could also drop to nil from the current 12 percent.
 
                                                                                             
                                                                                            Prabhudas Lilladher recommended hold rating on Navneet Education with a target price of Rs 136 in its research report dated August 09, 2025.
 
                                                                                            Net Sales are expected to increase by 1.9 percent Y-o-Y (up 87.3 percent Q-o-Q) to Rs. 812.7 crore, according to Prabhudas Lilladher.
 
                                                                                             
                                                                                             
                                                                                            Net Sales are expected to increase by 5 percent Y-o-Y (up 61.8 percent Q-o-Q) to Rs. 506.7 crore, according to PL Capital.
 
                                                                                            Prabhudas Lilladher recommended hold rating on Navneet Education with a target price of Rs 150 in its research report dated February 10, 2025.
 
                                                                                             
                                                                                             
                                                                                            Prabhudas Lilladher recommended hold rating on Navneet Education with a target price of Rs 139 in its research report dated November 12, 2024.
 
                                                                                             
                                                                                             
                                                                                             
                                                                                            Prabhudas Lilladher recommended hold rating on Navneet Education with a target price of Rs 161 in its research report dated August 14, 2024.
 
                                                                                             
                                                                                            Prabhudas Lilladher recommended accumulate rating on Navneet Education with a target price of Rs 167 in its research report dated May 26, 2024.
 
                                                                                             
                                                                                             
                                                                                            Prabhudas Lilladher is bullish on Navneet Education has recommended buy rating on the stock with a target price of Rs 182 in its research report dated April 22, 2024.
 
                                                                                            Net Sales are expected to increase by 6.3 percent Y-o-Y (up 68.1 percent Q-o-Q) to Rs. 435 crore, according to Prabhudas Lilladher.
 
                                                                                             
                                                                                             
                                                                                            Margin contraction was on account of higher input cost and lower volumes
 
                                                                                            Prabhudas Lilladher is bullish on Navneet Education has recommended buy rating on the stock with a target price of Rs 195 in its research report dated November 07, 2023.