Nakoda Group of Industries Ltd. (NGIL) AI Stock Analysis

• Market Cap: ₹533.04M
• Dividend Yield: N/A
• Average Volume (3M): 34.32K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.73
• Revenue Growth: -4.27%
• EPS Growth: 19.64%
• Country: IN
• Employees: 46
• Sector: Services
• Sector Strength: N/A
• Industry: Packaged Foods
• EPS (TTM): 0.09
• Shares Outstanding: 17,534,300
• 10 Day Avg. Volume: 5,386
• 30 Day Avg. Volume: 34,321
• PEG Ratio: -0.49
• Price to Book (P/B): 2.25
• Price to Sales (P/S): 1.36
• P/FCF Ratio: -15.51
• 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: ₹31.00
• Price Target Upside: 5.19% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 48 Neutral
• Price Target: ₹31.00 ▲(5.19% Upside)

The overall stock score of 48 reflects significant financial challenges, including declining revenues and negative cash flows, which are the most impactful factors. Technical analysis provides some short-term optimism, but valuation concerns due to negative earnings weigh heavily on the score.

Nakoda Group of Industries Ltd. Business Overview & Revenue Model

Company Description

Nakoda Group of Industries Limited manufactures and sells natural ingredients in India. The company offers bakery ingredients, edible seeds and nuts, dry fruits, jams, fruit pulps, makhanas and popcorn, amla products, invert sugar products, candies, rice and chickpeas, tutti fruity, karonda cherries, sweet lime peels, orange cut peels, sesame seeds, sauces, spices, fruity bars, pickles, papads, canned vegetables, and frozen fruits and vegetables under the Samrat & Nakodas brand name. It also imports and sells almond in shells, pistachios, dates, saffrons, and spices. In addition, the company exports its products to the Middle East and European countries. It serves ice-cream factories, bakeries, sweet and namkeen factories, airline companies, railway catering, and Indian military. Nakoda Group of Industries Limited was founded in 1989 and is based in Nagpur, India.

How the Company Makes Money

NGIL generates revenue through the production and sale of polyester yarns, which are essential raw materials for the textile and apparel industries. The company's revenue streams primarily include direct sales to textile manufacturers, exporters, and traders. NGIL benefits from its strategic location and established distribution networks that facilitate efficient supply chain management. Additionally, the company's focus on maintaining high standards of quality and innovation helps it secure repeat business and long-term contracts with key clients. NGIL also leverages its expertise in the textile sector to explore new market opportunities and expand its customer base.

Nakoda Group of Industries Ltd. Financial Statement Overview

Summary

Nakoda Group of Industries Ltd. faces significant financial challenges with declining revenues, negative profitability, and cash flow issues. While there is some improvement in equity financing, high debt levels and negative cash flows pose risks. The company needs to focus on improving operational efficiencies and cash management to stabilize its financial position.

Income Statement

The company's income statement reveals declining revenues and deteriorating profitability. Revenue decreased from 586.9 million in 2022 to 462.5 million in 2025. Gross profit margin has remained relatively stable, but net profit margin has turned negative in recent years, reflecting a challenging cost structure and operational inefficiencies.

Balance Sheet

The balance sheet shows a reasonably solid equity base with a debt-to-equity ratio that improved slightly from 2024 to 2025. However, the level of debt remains high, indicating potential leverage risk. The equity ratio has improved, suggesting better asset financing through equity.

Cash Flow

Cash flow analysis is concerning, with negative free cash flow in recent years, particularly a steep decline in 2025. Operating cash flow has also turned negative, indicating potential liquidity issues. The company needs to enhance cash generation to support its operations and debt obligations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	445.10M	462.52M	471.22M	546.03M	596.23M	297.92M
Gross Profit	58.09M	48.65M	43.85M	55.08M	52.21M	79.12M
EBITDA	-10.41M	-19.84M	3.99M	42.97M	48.45M	45.69M
Net Income	-29.26M	-36.41M	-21.17M	9.12M	16.98M	13.19M
Balance Sheet
Total Assets	0.00	418.88M	406.81M	414.39M	415.49M	404.15M
Cash, Cash Equivalents and Short-Term Investments	4.30M	68.64M	3.02M	3.59M	6.18M	943.97K
Total Debt	0.00	123.94M	182.74M	220.02M	228.41M	244.36M
Total Liabilities	-278.93M	139.95M	213.17M	257.29M	266.06M	259.21M
Stockholders Equity	278.93M	278.93M	193.64M	157.10M	149.43M	144.93M
Cash Flow
Free Cash Flow	0.00	-40.54M	-2.21M	34.37M	50.20M	-5.07M
Operating Cash Flow	0.00	-14.19M	2.88M	42.02M	50.77M	-4.52M
Investing Cash Flow	0.00	-15.89M	-5.07M	-7.60M	-554.00K	-184.44K
Financing Cash Flow	0.00	31.42M	1.61M	-37.05M	-44.98M	2.27M

Nakoda Group of Industries Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 29.47
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NGIL, the sentiment is Neutral. The current price of 29.47 is below the 20-day moving average (MA) of 31.23, below the 50-day MA of 30.73, and below the 200-day MA of 33.05, indicating a bearish trend. The MACD of -0.51 indicates Positive momentum. The RSI at 47.10 is Neutral, neither overbought nor oversold. The STOCH value of 49.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:NGIL.

Nakoda Group of Industries Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NARMADA	77 Outperform	₹924.51M	13.47	―	―	18.05%	68.07%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
NGIL	48 Neutral	₹533.04M	―	―	―	-4.27%	19.64%
SHANTI	46 Neutral	₹117.61M	―	―	―	321.24%	-47.13%