Nakoda Group of Industries Ltd

Nakoda Group of Industries Ltd

₹ 55.4 1.17%
25 Apr 11:25 a.m.
About

Incorporated in 1989, Nakoda Group of Industries Ltd is mainly engaged in the business of manufacturing and trading Tutty Fruity and Dry Fruits. The Co. is also engaged in the business of trading Grains and Pulses. [1]

Key Points

Product Portfolio
The Co. is a leading manufacturer of Tutti Fruity (Diced Chelory), Karonda Cherries (Indian Cherries), Sweet lime peels, Orange Cut Peels, Sesame Seeds Hulled Auto dry, All Variety of Jams, Sauces, Spices, Chikkis (Fruity Bars), Pickles, Papads, Canned Vegetables, and Frozen Fruits & Vegetables. [1]

  • Market Cap 70.5 Cr.
  • Current Price 55.4
  • High / Low 70.0 / 36.3
  • Stock P/E
  • Book Value 11.9
  • Dividend Yield 0.27 %
  • ROCE 8.77 %
  • ROE 5.94 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 51.9 to 32.3 days.

Cons

  • Stock is trading at 4.59 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 8.89% over last 3 years.
  • Promoter holding has decreased over last 3 years: -13.3%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: FMCG Industry: Food - Processing - Indian

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
5.41 14.50 7.83 13.11 18.46 20.22 8.75 15.82 17.42 12.62 9.29 12.72 14.46
4.28 12.11 6.83 12.00 16.90 19.39 7.80 14.69 16.28 11.61 8.24 12.64 14.39
Operating Profit 1.13 2.39 1.00 1.11 1.56 0.83 0.95 1.13 1.14 1.01 1.05 0.08 0.07
OPM % 20.89% 16.48% 12.77% 8.47% 8.45% 4.10% 10.86% 7.14% 6.54% 8.00% 11.30% 0.63% 0.48%
0.02 0.02 0.00 0.35 0.00 0.01 0.01 0.01 0.01 0.04 0.00 0.00 0.00
Interest 0.40 1.28 0.41 0.60 0.54 0.52 0.48 0.54 0.53 0.58 0.58 0.49 0.48
Depreciation 0.26 0.26 0.28 0.28 0.17 0.23 0.24 0.26 0.26 0.22 0.25 0.24 0.31
Profit before tax 0.49 0.87 0.31 0.58 0.85 0.09 0.24 0.34 0.36 0.25 0.22 -0.65 -0.72
Tax % 0.00% 6.90% 9.68% 12.07% 3.53% -11.11% 8.33% 23.53% 22.22% 36.00% 27.27% 24.62% 25.00%
0.49 0.81 0.27 0.51 0.81 0.10 0.22 0.25 0.28 0.16 0.16 -0.49 -0.54
EPS in Rs 0.31 0.51 0.17 0.32 0.51 0.06 0.14 0.16 0.18 0.10 0.10 -0.39 -0.42
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0.00 0.00 23.71 48.30 51.98 25.09 30.84 59.62 54.60 49.09
0.00 0.00 21.78 44.40 48.08 22.09 26.32 55.13 50.36 46.88
Operating Profit 0.00 0.00 1.93 3.90 3.90 3.00 4.52 4.49 4.24 2.21
OPM % 8.14% 8.07% 7.50% 11.96% 14.66% 7.53% 7.77% 4.50%
0.00 0.00 0.00 0.01 0.01 0.51 0.05 0.36 0.06 0.04
Interest 0.00 0.00 1.09 1.88 2.07 2.42 2.15 2.07 2.13 2.13
Depreciation 0.00 0.00 0.11 0.62 0.87 0.98 1.05 0.97 0.99 1.02
Profit before tax 0.00 0.00 0.73 1.41 0.97 0.11 1.37 1.81 1.18 -0.90
Tax % 30.14% 29.08% 9.28% 81.82% 3.65% 6.08% 22.88%
0.00 0.00 0.51 1.00 0.88 0.03 1.32 1.70 0.91 -0.71
EPS in Rs 0.44 0.87 0.55 0.02 0.83 1.07 0.57 -0.61
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 9.82% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 2%
3 Years: 30%
TTM: -21%
Compounded Profit Growth
10 Years: %
5 Years: -2%
3 Years: 212%
TTM: -184%
Stock Price CAGR
10 Years: %
5 Years: 23%
3 Years: 34%
1 Year: 1%
Return on Equity
10 Years: %
5 Years: 7%
3 Years: 9%
Last Year: 6%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.01 0.01 5.00 5.00 6.85 6.85 11.13 11.13 11.13 11.13
Reserves 0.00 0.00 0.51 1.51 7.01 7.04 3.36 3.81 4.58 4.05
0.01 0.56 16.39 24.97 20.65 21.74 24.44 22.84 22.00 21.01
0.00 0.01 5.95 2.35 3.37 2.73 1.48 3.77 3.73 6.71
Total Liabilities 0.02 0.58 27.85 33.83 37.88 38.36 40.41 41.55 41.44 42.90
0.00 0.00 6.92 13.38 12.90 14.46 13.46 12.54 12.31 11.99
CWIP 0.00 0.00 0.81 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.02 0.58 20.12 20.45 24.98 23.90 26.95 29.01 29.13 30.91
Total Assets 0.02 0.58 27.85 33.83 37.88 38.36 40.41 41.55 41.44 42.90

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 -0.17 -10.38 -0.55 0.72 3.43 -0.45 5.08 4.21
0.00 -0.39 -8.63 -5.22 -0.78 -2.52 -0.02 -0.06 -0.77
0.00 0.56 19.18 5.75 0.17 -0.85 0.23 -4.50 -3.70
Net Cash Flow 0.00 0.00 0.17 -0.02 0.11 0.06 -0.24 0.52 -0.26

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 36.33 19.42 30.12 81.03 86.52 36.79 32.29
Inventory Days 251.42 105.16 130.51 247.66 263.46 124.77 144.65
Days Payable 87.31 11.50 15.49 23.35 11.21 10.54 11.35
Cash Conversion Cycle 200.44 113.08 145.14 305.34 338.77 151.03 165.59
Working Capital Days 190.12 126.96 140.23 292.99 301.92 159.36 176.42
ROCE % 0.00% 16.20% 12.33% 9.21% 7.21% 9.44% 10.12% 8.77%

Shareholding Pattern

Numbers in percentages

10 Recently
Mar 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.67% 73.67% 73.67% 73.67% 71.69% 69.20% 67.85% 67.85% 65.82% 65.20% 60.35% 60.35%
26.33% 26.33% 26.33% 26.33% 28.31% 30.80% 32.15% 32.16% 34.18% 34.80% 39.64% 39.65%
No. of Shareholders 601,5131,6821,8042,0022,0223,2533,5853,4943,9455,1357,558

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