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

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IN:NGIL

Nakoda Group of Industries Ltd.

(NSE:NGIL)

Select Model
Rating:48Neutral
Price Target:INR 45.00â–¼(-0.60% Downside)
Action:reiterated
Date:08/07/26

The score is held back primarily by weak and volatile cash generation (negative free cash flow) and ongoing revenue contraction despite the FY2026 profit rebound. Technical indicators are broadly neutral and do not offset fundamentals, while the high P/E ratio reduces valuation attractiveness.

Positive Factors
Profitability ReboundThe return to positive operating profit, EBITDA, and net income indicates that the company has regained earnings capacity after two loss-making years. If maintained, this turnaround can support internal funding, strengthen financial resilience, and provide a base for rebuilding sustainable profitability.
Negative Factors
Revenue ContractionPersistent revenue contraction signals weakening business scale and limits the company’s ability to spread costs, invest for growth, and build operating leverage. The FY2026 profit rebound is therefore occurring on a shrinking top line, making longer-term earnings durability less certain.

Nakoda Group of Industries Ltd. (NGIL) vs. iShares MSCI India ETF (INDA)

-40%-20%0%20%40%60%IN:NGIL+53.98%INDA-12.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
INR 770.80M
Dividend Yield
―
Average Volume (3M)
2,524
Price to Earnings (P/E)
46.8
Beta (1Y)
1.15
Revenue Growth
-18.55%
EPS Growth
―
Country
India
Employees
46
Sector
General
Sector Strength
55
Industry
Packaged Foods

Nakoda Group of Industries Ltd. Business Overview & Revenue Model

Company Description

Established in Nagpur, India, in 1989, Nakoda Group of Industries Limited is a prominent manufacturer and seller of a wide array of natural food ingredients. The company's extensive product line, marketed under the Samrat & Nakodas brands, includes b...

Nakoda Group of Industries Ltd. Financial Statement Overview

Summary

FY2026 shows a return to profitability and a healthier balance sheet with materially lower leverage, but revenue continues to decline and cash-flow quality remains weak. Free cash flow is still negative and cash generation has been volatile, which limits confidence in the sustainability of the earnings rebound.

Income Statement

54Neutral

Balance Sheet

62Positive

Cash Flow

38Negative
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue448.47M434.56M462.52M471.22M546.03M596.23M
Gross Profit61.88M43.60M48.65M43.85M55.08M52.21M
EBITDA49.46M47.71M-19.84M3.99M42.97M48.45M
Net Income16.39M15.04M-36.41M-21.17M9.12M16.98M
Balance Sheet
Total Assets0447.07M418.88M406.81M414.39M415.49M
Cash, Cash Equivalents and Short-Term Investments486.00K486.00K4.36M3.02M3.59M6.18M
Total Debt0129.31M123.94M182.74M220.02M228.41M
Total Liabilities-289.63M157.44M139.95M213.17M257.29M266.06M
Stockholders Equity289.63M289.63M278.93M193.64M157.10M149.43M
Cash Flow
Free Cash Flow-31.25M-7.58M-40.54M-2.21M34.37M50.20M
Operating Cash Flow-10.28M16.81M-14.19M2.88M42.02M50.77M
Investing Cash Flow-20.99M-21.96M-15.89M-5.07M-7.60M-554.00K
Financing Cash Flow36.05M1.33M31.42M1.61M-37.05M-44.98M

Nakoda Group of Industries Ltd. Technical Analysis

Technical Analysis SentimentPositive
Last Price45.27

Price Trends

50DMA38.91Positive
100DMA39.09Positive
200DMA34.91Positive

Market Momentum

MACD0.71Negative
RSI67.61Neutral
STOCH90.53Negative

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 45.27 is above the 20-day moving average (MA) of 38.55, above the 50-day MA of 38.91, and above the 200-day MA of 34.91, indicating a bullish trend. The MACD of 0.71 indicates Negative momentum. The RSI at 67.61 is Neutral, neither overbought nor oversold. The STOCH value of 90.53 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

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:NGIL against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:GOKULAGROIN:GOKULAGRO74OutperformINR 63.44B15.05――21.04%59.07%
IN:KRISHIVALIN:KRISHIVAL62NeutralINR 8.83B34.87―0.10%――
IN:ROMLIN:ROML60NeutralINR 631.87M13.57――20.89%-11.15%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
IN:NGILIN:NGIL48NeutralINR 793.95M46.76――-18.55%―
IN:GOKULIN:GOKUL47NeutralINR 3.43B16.39――15.39%27.60%
IN:MKPLIN:MKPL47NeutralINR 1.48B29.54――17.76%-50.16%

* General Sector Average

Performance Comparison

-40%-20%0%20%40%IN:NGILIN:GOKULIN:GOKULAGROIN:KRISHIVALIN:MKPLIN:ROMLDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
IN:NGIL and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:NGILNakoda Group of Industries Ltd.45.2715.2750.90%
IN:GOKULGokul Refoils & Solvent Ltd.34.61-6.39-15.59%
IN:GOKULAGROGokul Agro Resources Ltd.215.0047.3028.21%
IN:KRISHIVALKrishival Foods Limited352.10-118.54-25.19%
IN:MKPLM K Proteins Limited3.93-2.80-41.60%
IN:ROMLRaj Oil Mills Limited39.52-12.03-23.34%

Nakoda Group of Industries Ltd. Corporate Events

Nakoda Group of Industries Secures SEBI Compliance Certificate for Demat-Only Shareholding

Oct 9, 2026

Nakoda Group of Industries Ltd. has notified the National Stock Exchange and BSE that it has obtained a compliance certificate for the quarter ended 30 September 2026 under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 201...

Nakoda Group of Industries Closes Trading Window Ahead of Q2 FY27 Results

Sep 28, 2026

Nakoda Group of Industries Ltd. has announced the closure of its trading window for designated persons and their immediate relatives from 1 October 2026 until 48 hours after the declaration of its unaudited financial results for the quarter ended 30...

Nakoda Group of Industries Reports Voting Outcome of 13th AGM

Sep 26, 2026

Nakoda Group of Industries Ltd. reported the outcome of its 13th Annual General Meeting, held on September 25, 2026, via video conferencing in compliance with SEBI’s listing and disclosure regulations. The company appointed an independent scrut...

Nakoda Group Secures Shareholder Backing for Five-Year Reappointment of Top Directors

Sep 26, 2026

Nakoda Group of Industries Ltd. has secured shareholder approval at its 13th Annual General Meeting for the re-appointment of Managing Director and Chairman Pravin Choudhary and Whole-Time Director Jayesh Choudhary. Their renewed terms, effective fro...

Nakoda Group of Industries Discloses Voting Results of 13th AGM Held via Video Conferencing

Sep 26, 2026

Nakoda Group of Industries Ltd., a Nagpur-based manufacturer and exporter of candied and processed fruits, dehydrated fruits, and roasted and flavoured nuts and seeds, operates in the food processing and agro-based products sector. The company is lis...

Nakoda Group Publishes AGM and E-Voting Notice for Shareholders

Sep 1, 2026

Nakoda Group of Industries Ltd. has announced that it has published a newspaper advertisement regarding the notice of its 13th Annual General Meeting and details of e-voting for shareholders. The notice, released in the English daily Indian Express a...

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.

Date of analysis: Aug 07, 2026