Company Overview

Nakoda Group of Industries Limited (NGIL) was incorporated in 2013 and is part of the Nakoda group, operating as an export-oriented company engaged in processing of various fruit and vegetable products. The company took over the running business of M/s. Navkar Processors, the sole proprietorship concern of the promoter, which was then merged into the company.

The company operates in the food processing and agricultural commodities sector, with a diverse portfolio spanning multiple product categories. NGIL is engaged in the business of buying, selling, dealing in all types of food stuff feeds and a range of karonda cherries (Indian cherries), sweet lime peels, orange cut peels, all variety of jams, fruit pulp, sauces, canned vegetables and frozen fruits and vegetables, and also deals in preparation, processing, trading of all types of dry fruits, roasted and salted nuts, popcorns, sesame seeds hulled auto dry, spices, fox nuts (makhanas), cotton and cotton bales, chia seeds, sabja seeds, amla candy (sweet & chatpata), gulkand, amla powder, amla murabba, inverted sugar syrup under the Samrat and Nakodas brand name.

Business Operations and Products

Nakoda Group of Industries Limited engages in the manufacture and trading of tutty fruity and other agriculture commodities in India. The company offers karonda cherries, sweet lime peels, orange cut peels, various jams, fruit pulp, sauces, canned vegetables, and frozen fruits and vegetables; deals in preparation, processing, and trading of dry fruits, roasted and salted nuts, popcorns, sesame seeds hulled auto dry, spices, fox nuts, cotton and cotton bales, chia seeds, sabja seeds, gulkand, sugar syrups, etc., as well as amla candies, powders, and murabbas.

The company operates under the brand names "Samrat" and "Nakodas" and maintains a diverse customer base across various industries. The Company offers its products to ice-cream factories, bakeries, sweet and namkeen factories, airline companies, railway catering, cotton and cloth mills, food factories, pharmaceutical, and Indian military.

Financial Performance and Market Position

As of recent market data, Nakoda Group of Industries Ltd has a market capitalisation of Rs 51 crore, though different sources show varying figures with a market capitalisation of ₹ 64 Cr as on 25-Mar-2025 and ₹37.0 Crore (down -28.6% in 1 year).

The company's financial performance has faced challenges in recent periods. On a consolidated basis, Nakoda Group of Industries Ltd reported a profit of Rs 0.00 crore on a total income of Rs 14.23 crore for the quarter ended 2024. The company reported revenue of 46.2 Cr and a loss of -3.64 Cr, indicating operational challenges.

Key financial metrics highlight areas of concern. Since TTM earnings of Nakoda Group Of Industries Ltd is negative, P/E ratio is not available. Company has a low return on equity of -8.58% over the last 3 years, and Company has a low interest coverage ratio.

Stock Performance and Trading Details

The Nakoda Group of Industries Ltd's 52-week high share price is ₹ 56.86 and 52-week low share price is ₹ 34.00. Nakoda Group Of Industries Ltd has given a return of -41.14% in the last 3 years. The stock trades on both NSE and BSE exchanges under the symbol NGIL.

As per Value Research classification, it is a Small Cap company. The stock's performance has been under pressure, with Last 12 Months: Nakoda Group of Industries Ltd share price moved down by 19.81% on BSE and Last 3 Years: Nakoda Group of Industries Ltd price moved down by 78.96% on BSE.

Shareholding Pattern

The ownership structure shows promoter control with some recent changes. Promoter holding in Nakoda Group of Industries Ltd has gone down to 56.40 per cent as of Dec 2024 from 56.72 per cent as of Jun 2024. Promoter holding has decreased over the last 3 years: -15.3%, indicating a gradual reduction in promoter stake.

Recent Corporate Actions

The company maintains regular corporate governance practices with scheduled board meetings. A meeting of the Board of Directors is scheduled to be held on Friday, 14th February 2025, at 2:00 P.M. at the Registered office of the Company for various business considerations. Integrated Filing of Unaudited Financials with Limited Review Report for the Quarter ended 31st December 2024 shows the company's commitment to regulatory compliance.

Challenges and Outlook

While NGIL operates in the growing food processing sector with export potential, the company faces several operational challenges. Company has reduced debt, which is a positive development, but the negative profitability and declining returns remain concerns for investors.

The company's diverse product portfolio in food processing and agricultural commodities positions it in sectors with potential growth opportunities, particularly given India's expanding food processing industry and export potential. However, operational efficiency and profitability improvements remain critical for the company's future performance.