Nakoda Group

Why is Nakoda Group of Industries Ltd falling/rising?

As of 01-Sep, Nakoda Group of Industries Ltd's stock price is at 40.98, down 0.32 (-0.77%), with a recent decline of 1.25% over two days. Despite strong annual returns of 32.88% and increased investor interest, concerns about long-term financial health and recent underperformance relative to its sector are notable.

As of 01-Sep, Nakoda Group of Industries Ltd's stock price is currently at 40.98, reflecting a decrease of 0.32 (-0.77%). The stock has been experiencing a consecutive decline over the past two days, with a total drop of 1.25% during this period. This recent performance indicates that the stock is underperforming relative to its sector by 0.38%.<BR><BR>Despite the recent decline, the stock has shown positive trends over longer periods. For instance, it has generated a return of 32.88% over the past year, significantly outperforming the broader market, which has only seen a return of 2.32%. Additionally, the stock has been trading above its moving averages across various time frames, suggesting a generally upward trend prior to the recent falls.<BR><BR>Investor participation appears to be increasing, as evidenced by a notable rise in delivery volume, which increased by 162.62% against the five-day average. This indicates that more investors are willing to hold the stock, despite its recent price drop.<BR><BR>However, there are underlying concerns that may contribute to the stock's current decline. The company has shown weak long-term fundamental strength, with a -4.95% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 13.82 times, indicating potential challenges in servicing debt. Furthermore, the Return on Equity (ROE) is low at 4.79%, suggesting limited profitability for shareholders. <BR><BR>In summary, while Nakoda Group of Industries Ltd has demonstrated strong performance over the past year and increased investor interest, recent price declines can be attributed to consecutive losses, underperformance relative to the sector, and concerns regarding long-term financial health.

Which are the latest news on Nakoda Group?

Should I buy, sell or hold Nakoda Group of Industries Ltd?

Who are in the management team of Nakoda Group?

The management team of Nakoda Group includes Pravin Choudhary (Managing Director), Jayesh Choudhary (Whole-time Director), Kokila Ashok Jha (Director), and independent directors Sandeep Jain, Vijay Giradkar, and Dahyalal Bansilal Prajapati.

The management team of Nakoda Group includes the following individuals:<BR><BR>1. Pravin Choudhary - Managing Director<BR>2. Jayesh Choudhary - Whole-time Director<BR>3. Sandeep Jain - Independent Director<BR>4. Vijay Giradkar - Independent Director<BR>5. Kokila Ashok Jha - Director<BR>6. Dahyalal Bansilal Prajapati - Independent Director<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

What does Nakoda Group do?

Nakoda Group of Industries Ltd operates in the FMCG sector as a micro-cap company, with net sales of 8 Cr and a market cap of INR 72 Cr as of June 2026. The company was incorporated in 2013 and merged with its promoters' business in 2016.

Overview: <BR>Nakoda Group of Industries Ltd operates in the Fast-Moving Consumer Goods (FMCG) sector and is classified as a micro-cap company.<BR><BR>History: <BR>The company was originally incorporated as a Private Limited Company on October 22, 2013. It underwent a status change when it acquired the business of proprietorship concerns of its promoters on July 18, 2016, merging the business into Nakoda Group of Industries. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 8 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 72 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 44.00 <BR>Industry P/E: 44 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.39 <BR>Return on Equity: 4.95% <BR>Price to Book: 2.21 <BR><BR>Contact Details: <BR>Address: 239 Bagad Ganj, Nagpur Maharashtra: 440008 <BR>Tel: 91-0712-2778824 <BR>Email: info@nakodas.com <BR>Website: http://www.nakodas.com

Who are the peers of the Nakoda Group?

The peers of the Nakoda Group include Yuvraaj Hygiene, Team24 Consumer, IEL, JHS Sven.Lab., Virat Crane Inds, Tanvi Foods, Kothari Ferment., and Omfurn India. Nakoda Group has a 1-year return of 36.53%, with management risk rated as Below Average, while IEL shows the highest return at 7.55%.

Peers: The peers of the Nakoda Group are Yuvraaj Hygiene, Team24 Consumer, IEL, JHS Sven.Lab., Virat Crane Inds, Tanvi Foods, Kothari Ferment., and Omfurn India.<BR><BR>Quality Snapshot: Excellent management risk is observed at IEL and Omfurn India, while Average management risk is found at Yuvraaj Hygiene, JHS Sven.Lab., and the rest. Below Average management risk is present at Team24 Consumer, Nakoda Group, Virat Crane Inds, Tanvi Foods, and Kothari Ferment. Growth is Excellent at Team24 Consumer and Omfurn India, Good at Yuvraaj Hygiene, and Below Average at IEL, JHS Sven.Lab., Nakoda Group, Virat Crane Inds, Tanvi Foods, Kothari Ferment. Capital Structure is Excellent at Virat Crane Inds, Average at Yuvraaj Hygiene, IEL, and Omfurn India, and Below Average at Team24 Consumer, JHS Sven.Lab., Nakoda Group, Tanvi Foods, and Kothari Ferment.<BR><BR>Return Snapshot: The peer with the highest 1-year return is IEL at 7.55%, while the lowest is Yuvraaj Hygiene at -51.79%. Nakoda Group's 1-year return is 36.53%, which is significantly higher than Yuvraaj Hygiene but lower than IEL. Additionally, peers with negative six-month returns include Team24 Consumer, JHS Sven.Lab., Virat Crane Inds, and Tanvi Foods.

How big is Nakoda Group?

As of 31st August, Nakoda Group of Industries Ltd has a market capitalization of 72.00 Cr, with recent net sales of 44.85 Cr and a net profit of 1.63 Cr. The balance sheet for March 2025 shows shareholder's funds of 27.89 Cr and total assets of 41.64 Cr.

As of 31st August, Nakoda Group of Industries Ltd has a market capitalization of 72.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Nakoda Group reported Net Sales of 44.85 Cr and a Net Profit of 1.63 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 27.89 Cr and Total Assets of 41.64 Cr.

Are Nakoda Group of Industries Ltd latest results good or bad?

The latest results for Nakoda Group of Industries Ltd are concerning, showing a 60.81% decline in net profit and a 25.14% drop in net sales quarter-on-quarter, despite a year-on-year revenue growth of 20.09%. The significant sequential declines and reduced operating margins indicate challenges in maintaining profitability and operational stability.

The latest results for Nakoda Group of Industries Ltd indicate a challenging financial situation. In the first quarter of FY27, the company reported a net profit of ₹0.29 crore, which represents a significant decline of 60.81% compared to the previous quarter. Additionally, net sales dropped by 25.14% quarter-on-quarter to ₹8.31 crores, although there was a year-on-year revenue growth of 20.09% compared to the same quarter last year.<BR><BR>Operating margins also saw a contraction, falling to 12.15% from 16.49% in the previous quarter, reflecting difficulties in maintaining profitability amid declining revenues. The PAT margin decreased to 3.49% from 6.67%, further highlighting concerns about the company's ability to sustain earnings quality.<BR><BR>Overall, while there is some positive year-on-year growth, the sharp sequential declines in both profit and revenue raise significant concerns about the company's operational stability and demand consistency. The erratic revenue patterns and declining margins suggest that the company is facing substantial challenges, making the latest results more negative than positive.

When is the next results date for Nakoda Group of Industries Ltd?

The next results date for Nakoda Group of Industries Ltd is 28 July 2026.

The next results date for Nakoda Group of Industries Ltd is scheduled for 28 July 2026.

How has been the historical performance of Nakoda Group?

Nakoda Group has experienced fluctuating financial performance, with net sales declining from 54.60 Cr in Mar'23 to 46.25 Cr in Mar'25, and operating profit turning negative with a loss of 2.00 Cr in Mar'25. The company faces challenges in profitability and cash flow, reflecting significant volatility in recent years.

Answer:<BR>The historical performance of Nakoda Group shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Nakoda Group's net sales have seen a decline from 54.60 Cr in Mar'23 to 46.25 Cr in Mar'25, following a peak of 59.62 Cr in Mar'22. Total operating income mirrored this trend, decreasing from 54.60 Cr in Mar'23 to 46.25 Cr in Mar'25. The raw material cost has increased significantly, rising from 30.44 Cr in Mar'23 to 38.97 Cr in Mar'25, contributing to total expenditure that reached 48.25 Cr in Mar'25, up from 46.74 Cr in Mar'24. Operating profit has turned negative, with a loss of 2.00 Cr in Mar'25 compared to a profit of 4.23 Cr in Mar'23. Consequently, profit before tax also fell to -4.86 Cr in Mar'25 from a positive 1.18 Cr in Mar'23, leading to a profit after tax of -3.64 Cr in Mar'25. The company's total liabilities increased slightly to 41.64 Cr in Mar'25 from 40.68 Cr in Mar'24, while total assets also rose to 41.64 Cr in Mar'25. Cash flow from operating activities has been negative at -1.00 Cr in Mar'25, indicating challenges in generating cash from core operations. Overall, Nakoda Group's financial performance reflects significant volatility and a downturn in profitability over the recent years.

Who are the top shareholders of the Nakoda Group?

The top shareholders of Nakoda Group include Pravin Navalchand Choudhary with 29.75%, individual investors holding 32.0%, and Kunal Ahuja as the highest public shareholder at 3.09%. There are no mutual fund holdings, and three Foreign Institutional Investors have negligible stakes.

The top shareholders of Nakoda Group include the promoters, with Pravin Navalchand Choudhary holding the highest stake at 29.75%. Additionally, individual investors collectively hold 32.0% of the shares. The company has no mutual fund schemes holding shares, and there are three Foreign Institutional Investors (FIIs) with a negligible holding. The highest public shareholder is Kunal Ahuja, who owns 3.09% of the shares.

Is Nakoda Group overvalued or undervalued?

As of May 27, 2024, Nakoda Group of Industries Ltd. is considered overvalued and risky, with a negative PE ratio of -10.77, an EV to EBITDA ratio of -25.45, and a year-to-date decline of -32.43%, indicating significant challenges in financial health and growth expectations compared to its peers.

As of 27 May 2024, the valuation grade for Nakoda Group of Industries Ltd. has moved from expensive to risky, indicating a significant shift in its perceived value. The company is currently assessed as overvalued given its negative PE ratio of -10.77 and an EV to EBITDA ratio of -25.45, which are both concerning indicators of financial health. Additionally, the ROE stands at -13.05%, further emphasizing the challenges the company faces in generating returns for its shareholders.<BR><BR>In comparison to its peers, Nakoda Group's valuation metrics are unfavorable; for instance, its EV to Sales ratio of 1.11 suggests it is trading at a premium relative to its sales performance. Notably, its PEG ratio is at 0.00, indicating no growth expectations from the market. While the stock has shown a positive return of 4.12% over the past week compared to the Sensex's 1.40%, the year-to-date performance reflects a substantial decline of -32.43% against the Sensex's modest gain of 5.60%. Overall, these factors suggest that Nakoda Group is overvalued in the current market context.

What is the technical trend for Nakoda Group?

As of April 25, 2025, Nakoda Group's technical trend has shifted to bearish, supported by multiple indicators including bearish MACD and moving averages, despite a mildly bullish OBV.

As of 25 April 2025, the technical trend for Nakoda Group has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple indicators. The MACD is bearish on both the weekly and monthly time frames, reinforcing the negative outlook. Moving averages are also bearish on the daily chart, while the KST shows bearish trends on both weekly and monthly levels. Bollinger Bands indicate a mildly bearish sentiment on both weekly and monthly time frames. Although the OBV is mildly bullish on both weekly and monthly charts, it does not outweigh the overall bearish indicators. The Dow Theory reflects a mildly bearish trend on the weekly chart, with no trend on the monthly. Overall, the technical indicators suggest a bearish sentiment with significant strength.

What is the bonus history of the Nakoda Group?

The Nakoda Group announced a 5:8 bonus issue on February 25, 2021, with a record date of February 26, 2021, allowing eligible shareholders to receive bonus shares.

The Nakoda Group has a bonus history that includes a 5:8 bonus issue announced on February 25, 2021. The record date for this bonus was February 26, 2021. This means that shareholders who held shares before the ex-date were eligible to receive the bonus shares.

Has Nakoda Group declared dividend?

Yes, Nakoda Group of Industries Ltd has declared a 1% dividend, amounting to ₹0.10 per share, with an ex-date of September 21, 2023. Despite this dividend, the company has experienced significant negative returns in the short to medium term, though it shows more favorable performance over the longer term.

Nakoda Group of Industries Ltd has declared a 1% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1%<BR>- Amount per share: 0.10<BR>- Ex-date: 21 Sep 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -28.81%, with a dividend return of 0%, resulting in a total return of -28.81%.<BR><BR>Over the past year, the price return was -35.64%, and the dividend return was 0%, leading to a total return of -35.64%.<BR><BR>For the 2-year period, the price return was -35.59%, with a dividend return of 0.20%, resulting in a total return of -35.39%.<BR><BR>In the 3-year period, the price return was -73.57%, while the dividend return was 0.22%, culminating in a total return of -73.35%.<BR><BR>Over the last 4 years, the price return was 40.73%, with a dividend return of 1.22%, leading to a total return of 41.95%.<BR><BR>In the 5-year period, the price return was 100.28%, and the dividend return was 2.46%, resulting in a total return of 102.74%.<BR><BR>Overall, Nakoda Group has declared a modest dividend, but the total returns over various periods indicate significant volatility and negative performance in the short to medium term, with a more favorable outlook over the longer term.