CALCULATE YOUR SIP RETURNS

Nakoda Group of Industries Swings to Profit; Meeting on April 25 for Final Call on Rights Issue

Written by: Team Angel OneUpdated on: Apr 23, 2025, 2:42 PM IST
Nakoda Group of Industries reports a turnaround in Q3FY25, driven by a sharp rise in EBITDA. An important update regarding its ongoing rights issue.
Nakoda Group of Industries Swings to Profit; Meeting on April 25 for Final Call on Rights Issue
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Nakoda Group of Industries Limited, a key player in India’s food processing sector with reputed clients like Britannia, Amul, and HUL, marked a significant shift in its financial trajectory in Q3FY25, showing improved profitability despite relatively flat revenues.

Particulars Q3 FY25 (₹ Lakhs) Q3 FY24 (₹ Lakhs) Growth (%)
Revenue from Operations 1,423.15 1,445.90 -1.58%
Total Expenditure 1,350.55 1,438.91 -6.14%
EBITDA 72.60 7.06 928.33%
Profit Before Tax (PBT) 0.04 -71.70 Loss to Profit
Profit After Tax (PAT) 0.03 -54.18 Loss to Profit
Diluted EPS (₹) 0.11 -0.45 Loss to Profit

Key Highlights

Marginal Dip in Revenue

The company posted a revenue of ₹1,423.15 lakh in Q3FY25, a slight decline of 1.58% compared to ₹1,445.90 lakh in Q3FY24. This minimal drop suggests stable topline performance, despite broader market challenges.

Sharp Reduction in Operating Costs

A noteworthy reduction in raw material expenses—from ₹1,328.42 lakh in Q3FY24 to ₹1,249.22 lakh in Q3FY25—contributed significantly to cost control. Other expenses also saw a reduction of over ₹12 lakh year-on-year.

EBITDA Shows Dramatic Improvement

The EBITDA surged to ₹72.60 lakh from just ₹7.06 lakh in the same quarter last year, indicating a robust improvement in operational efficiency. The EBITDA margin expansion points to better absorption of fixed costs and optimised expenditure.

Return to Profitability

The company reported a modest net profit of ₹0.03 lakh in Q3FY25 compared to a loss of ₹54.18 lakh in Q3FY24. This turnaround is significant, demonstrating a positive shift in the bottom line.

Read More: HCLTech Q4 Results: Net Income Rises 8.1% YoY, ₹18 Dividend Announced; 6% Rise in Share Price

Overview of the Rights Issue Development

Nakoda Group of Industries Limited has announced an important update regarding its ongoing rights issue. As per the company’s intimation, a meeting of the Rights Issue Committee is scheduled to be held on Friday, April 25, 2025. The purpose of this meeting is to consider the second and final call on 49,54,654 partly paid-up equity shares that were previously issued under the rights issue scheme.

Details of the Partly Paid-Up Shares

The rights issue involved the issuance of partly paid equity shares. The company has already made an initial call on these shares, and the upcoming meeting aims to finalise the payment structure for the remaining balance. Once fully paid, these shares will be on par with existing fully paid equity shares in terms of rights and entitlements.

  • Number of shares pending final call: 49,54,654

  • Status: Awaiting second and final call decision

Conclusion

Nakoda Group of Industries’ Q3FY25 performance underscores a strategic recovery driven by operational efficiency. While revenues remained flat, significant gains in EBITDA and the swing to profitability indicate the company’s resilience and efficient cost management practices. These developments will be closely observed by stakeholders as the company moves forward in the fiscal year.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Apr 23, 2025, 2:42 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers