Nakoda Group of Industries Ltd. (IN:NGIL)
:NGIL
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Nakoda Group of Industries Ltd.
(NGIL)
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Rating:45Neutral
Price Target:
₹36.00
▲(22.03% Upside)
Action:ReiteratedDate:04/18/26
The score is held down primarily by weak financial performance (declining revenue, negative profitability, and negative operating/free cash flow) and a high P/E valuation. Technicals provide some support due to strong trend and positive MACD, but overbought momentum signals temper that strength.
Positive Factors
Staple food manufacturing
Nakoda operates in staple food production (flour, semolina) with established distribution to domestic wholesalers, retail chains and exports. That product mix benefits from consistent baseline demand, scaleable production and distributor relationships that support more durable revenue resilience over months.
Negative Factors
Declining revenues
A multi-year top-line decline materially weakens scale economics for a manufacturing business. Falling revenue reduces fixed-cost absorption, erodes bargaining power with suppliers and distributors, and makes sustaining investments in capacity, quality or market expansion harder over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Staple food manufacturing
Nakoda operates in staple food production (flour, semolina) with established distribution to domestic wholesalers, retail chains and exports. That product mix benefits from consistent baseline demand, scaleable production and distributor relationships that support more durable revenue resilience over months.
Read all positive factors
Nakoda Group of Industries Ltd. (NGIL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹641.37M
Dividend YieldN/A
Average Volume (3M)2.32K
Price to Earnings (P/E)38.3
Beta (1Y)0.71
Revenue Growth7.93%
EPS Growth46.26%
CountryIN
Employees46
SectorServices
Sector StrengthN/A
IndustryPackaged Foods
Share Statistics
EPS (TTM)0.20
Shares Outstanding17,538,052
10 Day Avg. Volume2,391
30 Day Avg. Volume2,322
Financial Highlights & Ratios
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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, candie...
How the Company Makes Money
NGIL generates revenue through the production and sale of its food products and staple goods, primarily catering to wholesalers, distributors, and retail chains. The company earns by selling its manufactured products, benefiting from economies of ...
Nakoda Group of Industries Ltd. Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
30
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 499.14M | 462.52M | 471.22M | 546.03M | 596.23M | 297.92M |
| Gross Profit | 56.47M | 48.65M | 43.85M | 55.08M | 52.21M | 79.12M |
| EBITDA | 1.55M | -19.84M | 3.99M | 42.97M | 48.45M | 45.69M |
| Net Income | -20.35M | -36.41M | -21.17M | 9.12M | 16.98M | 13.19M |
Balance Sheet | ||||||
| Total Assets | 515.62M | 418.88M | 406.81M | 414.39M | 415.49M | 404.15M |
| Cash, Cash Equivalents and Short-Term Investments | 99.86M | 68.64M | 3.02M | 3.59M | 6.18M | 943.97K |
| Total Debt | 138.26M | 123.94M | 182.74M | 220.02M | 228.41M | 244.36M |
| Total Liabilities | 186.10M | 139.95M | 213.17M | 257.29M | 266.06M | 259.21M |
| Stockholders Equity | 329.51M | 278.93M | 193.64M | 157.10M | 149.43M | 144.93M |
Cash Flow | ||||||
| Free Cash Flow | -31.25M | -40.54M | -2.21M | 34.37M | 50.20M | -5.07M |
| Operating Cash Flow | -10.28M | -14.19M | 2.88M | 42.02M | 50.77M | -4.52M |
| Investing Cash Flow | -20.99M | -15.89M | -5.07M | -7.60M | -554.00K | -184.44K |
| Financing Cash Flow | 36.05M | 31.42M | 1.61M | -37.05M | -44.98M | 2.27M |
Nakoda Group of Industries Ltd. Technical Analysis
Positive
29.50
Price Trends
26.13
Positive
27.44
Positive
28.70
Positive
Market Momentum
2.01
Negative
81.66
Negative
91.08
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NGIL, the sentiment is Positive. The current price of 29.5 is above the 20-day moving average (MA) of 26.55, above the 50-day MA of 26.13, and above the 200-day MA of 28.70, indicating a bullish trend. The MACD of 2.01 indicates Negative momentum. The RSI at 81.66 is Negative, neither overbought nor oversold. The STOCH value of 91.08 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:NGIL.
Nakoda Group of Industries Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹1.31B | 20.06 | ― | ― | 33.66% | -54.93% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
46 Neutral | ₹459.09M | -3.30 | ― | ― | ― | -10.21% | |
45 Neutral | ₹641.37M | 38.33 | ― | ― | 7.93% | 46.26% | |
43 Neutral | ₹81.07M | 1.54 | ― | ― | -63.41% | ― |
* Services Sector Average
IN:NGIL
Nakoda Group of Industries Ltd.
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4.16
12.84%
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Nakoda Group of Industries Ltd. Corporate Events
Nakoda Group of Industries Announces Resignation of Company Secretary and Compliance Officer
Apr 1, 2026
Nakoda Group of Industries Ltd. has announced that Aditya Vinod Kokil has resigned from his role as Company Secretary and Compliance Officer, designated as key managerial personnel, with effect from the close of business on 1 April 2026. The resig...
Nakoda Group of Industries Announces Resignation of Company Secretary and Compliance Officer
Apr 1, 2026
Nakoda Group of Industries Ltd. has announced the resignation of Aditya Vinod Kokil from the role of Company Secretary and Compliance Officer, effective at the close of business on April 1, 2026, as he leaves to pursue new career opportunities out...
Nakoda Group of Industries Forfeits Unpaid Shares, Resets Paid-Up Capital Structure
Jan 27, 2026
Nakoda Group of Industries Ltd. has announced that its board approved the forfeiture of 277,146 equity shares of ₹10 each held by shareholders who failed to pay call money, in line with the company’s Articles of Association and disclos...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.