Nakoda Group of Industries Limited — Important, 06-03-2025: Updates

**Financial Highlights:** For Q3 FY25, Nakoda Group reported revenues from operations of ₹1,423.15 Cr, a slight decrease from ₹1,445.90 Cr in Q3 FY24, resulting in a -1.58% change. Notably, EBITDA surged by 928.33% to ₹72.60 Cr, while PAT turned positive with ₹0.03 Cr compared to a loss of ₹54.18 Cr a year earlier. For H1 FY25, total income plummeted by 17.97% to ₹1,805.87 Cr, with a significant loss in PAT of ₹119.75 Cr.

**Strategic Initiatives and Growth Drivers:** Nakoda is focusing on expanding its manufacturing capacity and product portfolio, including new offerings like jelly cubes. The operational efficiencies and diverse product range position the company well against competition.

**Business Developments:** The company has enhanced its market presence with over 500 locations in India and significant exports to the Middle East and Europe. Their strategic growth is reinforced by a modern manufacturing unit in Nagpur.

**Market Position and Competitive Advantage:** Nakoda commands a strong position in the Tutti Frutti segment with a diverse clientele spanning food factories and the military, leveraging their three-decade expertise.

**Investor Implications:** The recent financial performance displays a mixed outlook, with improving EBITDA indicating operational efficiencies, while revenue declines warrant close monitoring. Continued expansion and strategic initiatives may present opportunities for potential growth.