Nakoda Group

Why is Nakoda Group of Industries Ltd falling/rising?

As of 18-Jul, Nakoda Group of Industries Ltd's stock price is declining at 39.00, down 1.27%, due to underperformance in its sector and decreasing investor participation. Despite a strong past year, concerns over long-term growth, high debt levels, and expensive valuation contribute to the stock's current downturn.

As of 18-Jul, Nakoda Group of Industries Ltd is experiencing a decline in its stock price, currently at 39.00, reflecting a change of -0.5 (-1.27%). This downward movement can be attributed to several factors. The stock has underperformed its sector by -2.32% today and has been on a consecutive fall for the last three days, accumulating a total decline of -2.5% during this period. Additionally, the stock's delivery volume has decreased by -11.67% compared to the five-day average, indicating a drop in investor participation.<BR><BR>While the company has shown strong performance in the past year, generating a return of 34.48% against a market decline of -0.67%, its long-term fundamentals raise concerns. The company has a weak long-term growth outlook, with a -0.36% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 13.82 times, suggesting difficulties in servicing debt. Furthermore, the average Return on Equity is low at 4.79%, indicating limited profitability per unit of shareholders' funds.<BR><BR>Despite positive quarterly results reported on Mar 26, which included the highest PBDIT and PAT figures, the stock's valuation appears expensive with a ROCE of -2.4 and an Enterprise value to Capital Employed ratio of 1.8. These factors contribute to the stock's current decline, overshadowing its previous strong performance.

Which are the latest news on Nakoda Group?

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

What does Nakoda Group do?

Nakoda Group of Industries Ltd operates in the FMCG sector as a micro-cap company, reporting net sales of 11 Cr and a net profit of 1 Cr for March 2026. The company was incorporated in 2013 and merged with its promoters' proprietorship 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 March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 11 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 71 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 47.00<BR>- Industry P/E: 45<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.39<BR>- Return on Equity: 4.55%<BR>- Price to Book: 2.13<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

How big is Nakoda Group?

As of 10th June, Nakoda Group of Industries Ltd has a market capitalization of 71.00 Cr, with recent net sales of 43.46 Cr and a net profit of 1.50 Cr. The balance sheet for March 2025 shows shareholder's funds of 27.89 Cr and total assets of 41.64 Cr.

As of 10th June, Nakoda Group of Industries Ltd has a market capitalization of 71.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Nakoda Group reported Net Sales of 43.46 Cr and a Net Profit of 1.50 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.

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 four 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 need more information about their roles or the company, feel free to ask!

Who are the peers of the Nakoda Group?

The peers of the Nakoda Group include Virat Crane Inds, Team24 Consumer, Terai Tea Co, IEL, Simran Farms, JHS Sven.Lab., Kothari Ferment., Oceanic Foods, and Yuvraaj Hygiene. IEL has the highest 1-year return at 16.49%, while Nakoda Group's return is 26.74%, and Terai Tea Co has the lowest at -42.03%.

Peers: The peers of the Nakoda Group are Virat Crane Inds, Team24 Consumer, Terai Tea Co, IEL, Simran Farms, JHS Sven.Lab., Kothari Ferment., Oceanic Foods, and Yuvraaj Hygiene.<BR><BR>Quality Snapshot: Excellent management risk is observed at Virat Crane Inds, while Average management risk is found at IEL and Oceanic Foods, and the rest have Below Average management risk. Growth is Excellent at Team24 Consumer, Average at Yuvraaj Hygiene, and Below Average at Virat Crane Inds, Terai Tea Co, IEL, Simran Farms, Nakoda Group, JHS Sven.Lab., Kothari Ferment., and Oceanic Foods. Capital Structure is Excellent at Virat Crane Inds, Average at IEL and Oceanic Foods, and Below Average at Team24 Consumer, Terai Tea Co, Simran Farms, Nakoda Group, JHS Sven.Lab., Kothari Ferment., and Yuvraaj Hygiene.<BR><BR>Return Snapshot: The peer with the highest 1-year return is IEL at 16.49%, while the peer with the lowest is Terai Tea Co at -42.03%. The Nakoda Group's 1-year return is 26.74%, which is significantly higher than Terai Tea Co but lower than IEL. Additionally, peers such as JHS Sven.Lab., Kothari Ferment., Oceanic Foods, and Yuvraaj Hygiene have negative six-month returns.

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

The next results date for Nakoda Group of Industries Ltd is April 30, 2026.

The next results date for Nakoda Group of Industries Ltd is scheduled for April 30, 2026.

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

Nakoda Group of Industries Ltd's latest results show a return to profitability with a net profit of ₹0.35 crores and improved operating margins, but a concerning revenue decline of nearly 28% quarter-on-quarter raises questions about long-term sustainability. Overall, while there are positive signs, significant challenges remain.

The latest results for Nakoda Group of Industries Ltd present a mixed picture. On one hand, the company has returned to profitability with a net profit of ₹0.35 crores in Q3 FY26, marking a significant 40% increase compared to the previous quarter. This improvement in net profit is a positive sign, especially as it reflects effective cost management and margin expansion, with operating margins rising to 10.14%.<BR><BR>However, the revenue situation is concerning. The company reported a revenue decline of 27.99% quarter-on-quarter and 25.16% year-on-year, bringing total sales down to ₹10.65 crores. This significant drop in revenue highlights ongoing challenges in generating top-line growth, which is a critical factor for long-term sustainability.<BR><BR>Overall, while the return to profitability and margin improvement are encouraging, the substantial revenue decline raises red flags about the company's operational stability and demand for its products. Therefore, the results can be seen as a tactical recovery rather than a solid turnaround, indicating that Nakoda Group is still facing significant challenges.

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.