Nagreeka Capital & Infrastructure Limited (NAGREEKCAP) AI Stock Analysis

• Market Cap: ₹290.15M
• Dividend Yield: N/A
• Average Volume (3M): 10.54K
• Price to Earnings (P/E): 2.7
• Beta (1Y): 0.81
• Revenue Growth: -39.65%
• EPS Growth: -9.12%
• Country: IN
• Employees: 4
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 2.61
• Shares Outstanding: 12,615,300
• 10 Day Avg. Volume: 21,345
• 30 Day Avg. Volume: 10,545
• PEG Ratio: 0.04
• Price to Book (P/B): 1.48
• Price to Sales (P/S): 0.59
• P/FCF Ratio: 9.59
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: ₹26.00 ▼(-9.38% Downside)
• Action: Reiterated Date: 02/11/26
• Date: Action: Reiterated 02/11/26

The score is driven primarily by a mixed but improving financial profile (stronger cash flows but high leverage and revenue decline risk), supported by bullish technicals with near-overbought RSI, and reinforced by a very low P/E valuation.

Positive Factors

Operating cash flow & FCF improvement

Stable positive operating cash flow and a move to positive free cash flow indicate durable internal cash generation. This strengthens liquidity, lowers short-term refinancing pressure, and provides a reliable funding source for deleveraging, working capital, or selective growth investments over the next 2–6 months.

Balance sheet equity recovery

Restoring shareholders' equity from negative to positive improves the capital buffer and reduces insolvency risk. This structural repair enhances borrowing capacity, regulatory headroom, and stakeholder confidence, supporting more sustainable financing and strategic flexibility in the medium term.

Robust margins and historical revenue growth

Historically strong revenue growth and resilient EBIT/EBITDA margins provide operating leverage that supports profitability resilience. Even with recent volatility, sustained margin strength suggests the business can generate healthy operating profits and fund operations or investments over ensuing months.

Negative Factors

High leverage and debt reliance

Significant leverage raises refinancing and interest-rate sensitivity risks. Reliance on debt constrains strategic choices, increases fixed costs, and magnifies downturn impacts, leaving the company vulnerable if cash generation weakens or credit conditions tighten over the medium term.

2025 revenue decline & profit volatility

A recent revenue decline and volatile profits undermine predictability of future cash flows and complicate planning. Persistent top-line weakness can erode margins, reduce reinvestment capacity, and weaken credit metrics, making recovery and sustained growth more challenging.

Weak net income to cash conversion

Poor conversion of reported earnings into cash raises questions about earnings quality and liquidity. Even if net income looks positive, weak cash realization can force continued external borrowing, limit debt paydown, and restrict capital allocation choices in the coming months.

Nagreeka Capital & Infrastructure Limited Business Overview & Revenue Model

Company Description

Nagreeka Capital & Infrastructure Ltd. is a publicly owned investment manager. The firm invests in equity markets, private equity, mutual funds, real estate, and renewable energy. The firm was founded Nagreeka Securities Ltd. and changed its name to Nagreeka Software Technologies Limited in September 2001. Nagreeka Software Technologies Limited further changed its name to Nagreeka Capital & Infrastructure Ltd. in July 2006. Nagreeka Capital & Infrastructure Ltd. was founded in 1953 is based in Mumbai, India with an additional office in Kolkata, India. Nagreeka Capital & Infrastructure Ltd. operates independently of Nagreeka Exports Ltd. as of September 18, 2007.

How the Company Makes Money

Nagreeka Capital & Infrastructure Limited primarily makes money through NBFC-style financial income, typically including interest income from loans/financing provided and returns from financial investments. The company may also earn fees and other income related to financing activities (e.g., processing/servicing or advisory-related fees) and gains/losses from the sale or fair-valuation of investments depending on its portfolio and accounting classification. Specific breakdowns of revenue streams, major customer segments, material partnerships, and quantified contributions (e.g., interest vs. fee vs. investment gains) are null.

Nagreeka Capital & Infrastructure Limited Financial Statement Overview

Summary

Mixed fundamentals: strong and stable operating cash flow with improving free cash flow supports a recovery narrative, but revenue declined in 2025 and profitability has been volatile. Balance sheet risk remains elevated due to high leverage, partially offset by improving equity from negative (2023) to positive (2025).

Income Statement

The company has shown strong revenue growth from 2020 to 2024, but revenue declined in 2025. Gross profit margin and net profit margin have been volatile, with significant improvements post-2023. EBIT and EBITDA margins have been robust, although the net income has fluctuated, indicating some profitability challenges.

Balance Sheet

The company has a high debt-to-equity ratio, indicating significant leverage, which could pose risks. However, there has been improvement in stockholders' equity from negative figures in 2023 to positive in 2025. The equity ratio has been low, suggesting reliance on debt financing. Return on equity has been positive in recent years, showing some recovery.

Cash Flow

Operating cash flows have been positive and stable, indicating the company's ability to generate cash from operations. Free cash flow has shown significant improvement from negative in 2022 to positive in 2025. However, the free cash flow to net income ratio indicates potential concerns with how net income converts to cash.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	434.79M	534.72M	628.38M	150.37M	155.39M	108.82M
Gross Profit	326.03M	247.56M	346.56M	89.77M	130.14M	64.13M
EBITDA	298.98M	313.77M	332.77M	100.65M	107.80M	42.71M
Net Income	166.14M	185.62M	133.40M	-364.18M	35.90M	1.75M
Balance Sheet
Total Assets	1.29B	1.31B	1.16B	1.22B	1.72B	1.20B
Cash, Cash Equivalents and Short-Term Investments	3.23M	61.37M	100.06M	45.89M	89.39M	72.23M
Total Debt	754.89M	832.38M	835.55M	1.08B	1.25B	779.57M
Total Liabilities	1.02B	1.10B	1.13B	1.33B	1.46B	976.94M
Stockholders Equity	275.96M	211.29M	25.66M	-107.82M	256.49M	220.59M
Cash Flow
Free Cash Flow	112.44M	32.71M	286.10M	277.81M	-365.42M	88.62M
Operating Cash Flow	112.44M	32.71M	286.10M	277.81M	-365.42M	88.62M
Investing Cash Flow	4.03M	5.76M	2.11M	3.72M	-16.24M	1.22M
Financing Cash Flow	-116.31M	-65.31M	-291.53M	-250.97M	382.58M	-89.90M

Nagreeka Capital & Infrastructure Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 28.69
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NAGREEKCAP, the sentiment is Negative. The current price of 28.69 is above the 20-day moving average (MA) of 25.18, above the 50-day MA of 26.58, and above the 200-day MA of 27.78, indicating a bearish trend. The MACD of -1.03 indicates Positive momentum. The RSI at 37.82 is Neutral, neither overbought nor oversold. The STOCH value of 7.48 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:NAGREEKCAP.

Nagreeka Capital & Infrastructure Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NAGREEKCAP	73 Outperform	₹290.15M	2.67	―	―	-39.65%	-9.12%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CANDC	42 Neutral	₹60.05M	-0.37	―	―	―	―
PBAINFRA	40 Underperform	₹110.57M	-2.65	―	―	―	―