Nakoda Group of Industries Limited
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.
What Nakoda files
- Others55
- Important22
- Board Meeting15
- Updates7
- Dividend/Bonus5
- Results3
Company clarified preferential issue details. Promoters and Directors plan to subscribe to 40,00,000 convertible warrants. This will change voting rights proportional to new holdings but ensures no change in company control.
Nakoda Group faced a penalty for delayed submission of its quarterly financial results due to an inadvertent oversight. The Board directed management to strengthen internal controls to ensure timely compliance moving forward.
Nakoda Group launched "NO CTRL" energy drinks, strategically shifting to high-growth beverages and expanding into B2C/e-commerce platforms. This drove a strong financial turnaround: Q2 revenue jumped 58% YoY, H1 20%. Net Profit turned positive, and EBITDA margins expanded. Long-term borrowings reduced from ₹1.03 Cr to ₹0.63 Cr.
Nakoda Group's Q2 revenue surged 58%, H1 20%. EBITDA turned positive to ₹1.03 Cr (Q2) and ₹1.87 Cr (H1), with net profit also positive. Strategically launched 'NO CTRL' beverages, expanding into FMCG and B2C markets via e-commerce. Balance sheet strengthened.
Nakoda Group diversifies into FMCG beverages, launching "NO CTRL" energy/soft drinks. Strategic move from agro-based B2B to B2C, targeting market expansion and long-term growth. Initial rollout in Maharashtra.