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

• Market Cap: ₹501.59M
• Dividend Yield: N/A
• Average Volume (3M): 2.32K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.61
• Revenue Growth: 15.67%
• EPS Growth: 47.33%
• Country: IN
• Employees: 46
• Sector: Services
• Sector Strength: N/A
• Industry: Packaged Foods
• EPS (TTM): 0.14
• Shares Outstanding: 17,538,052
• 10 Day Avg. Volume: 2,391
• 30 Day Avg. Volume: 2,322
• 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: 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: 41 Neutral
• Price Target: ₹27.00 ▼(-8.47% Downside)

The overall stock score of 41 reflects significant financial challenges, including declining revenues, negative profitability, and cash flow issues. Technical analysis indicates a bearish trend with weak momentum, while valuation concerns are highlighted by a negative P/E ratio and lack of dividend yield. The absence of positive earnings call insights or corporate events further underscores the stock's current risks.

Positive Factors

Strategic Location and Distribution

A strategic location and strong distribution networks enhance NGIL's supply chain efficiency, supporting long-term customer relationships and market reach.

Quality and Innovation Focus

Emphasizing quality and innovation ensures competitive advantage, fostering customer loyalty and enabling NGIL to adapt to market demands.

Equity Financing Improvement

Improved equity financing strengthens the balance sheet, providing NGIL with greater financial flexibility to invest in growth opportunities.

Negative Factors

Declining Revenues

A consistent decline in revenues indicates potential loss of market share and challenges in maintaining customer demand, impacting long-term growth.

Negative Cash Flows

Negative cash flows strain liquidity, limiting NGIL's ability to fund operations and meet debt obligations, posing a risk to financial stability.

High Debt Levels

High debt levels increase financial risk, potentially constraining NGIL's ability to invest in growth and affecting long-term financial health.

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

Nakoda Group of Industries Ltd. generates revenue through multiple streams, primarily from the sale of its manufactured products in textiles, chemicals, and packaging. The company focuses on high-margin products in these sectors, leveraging its technological expertise to produce specialized items that fulfill specific client needs. Key revenue streams include direct sales to garment manufacturers, textile mills, and industrial clients who require chemical formulations for various applications. Additionally, NGIL benefits from long-term partnerships with key players in the textile and chemical industries, enhancing its market reach and stability. Strategic collaborations and a commitment to research and development also contribute to maintaining a competitive edge, enabling the company to adapt to market demands and trends effectively.

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: Negative
• Last Price: 29.50
• 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:NGIL, the sentiment is Negative. The current price of 29.5 is below the 20-day moving average (MA) of 30.07, above the 50-day MA of 29.11, and below the 200-day MA of 30.19, indicating a bearish trend. The MACD of -0.07 indicates Positive momentum. The RSI at 43.36 is Neutral, neither overbought nor oversold. The STOCH value of 15.59 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	60 Neutral	₹1.04B	24.31	―	―	23.65%	-41.93%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
NGIL	41 Neutral	₹501.59M	-25.08	―	―	15.67%	47.33%
TNTELE	41 Neutral	₹443.11M	-2.65	―	―	―	―
SHANTI	39 Underperform	₹89.07M	-4.31	―	―	220.47%	-47.38%

Nakoda Group of Industries Ltd. Corporate Events

Nakoda Group of Industries Closes Trading Window Ahead of Quarterly Results

Nakoda Group of Industries Ltd. has announced that its trading window for dealing in the company’s securities will be closed for all designated persons, including directors, key managerial personnel, connected persons, insiders and their immediate relatives, from 1 January 2026 until 48 hours after the declaration of its unaudited financial results for the quarter ended 31 December 2025. The move, made in line with SEBI’s Prohibition of Insider Trading Regulations and the company’s internal code of conduct, is aimed at preventing insider trading and ensuring fair disclosure practices ahead of the upcoming results announcement, with the board meeting date to approve these results to be communicated later.

Nakoda Group Releases Q2 FY26 Investor Presentation

Nakoda Group of Industries Limited has released its Investor Presentation for the second quarter of the fiscal year 2026. This presentation, now available on the company’s website, provides insights into the company’s performance and strategic direction, which could influence its market positioning and stakeholder interests.