Nakoda Group Reports 58% Q2 Revenue Growth, Achieves Profitability Turnaround
Nakoda Group of Industries Limited reported significant growth in Q2 FY26 with revenue up 58% YoY to ₹1,478.67 lakh and positive EBITDA of ₹103.37 lakh. H1 FY26 saw 20% revenue growth to ₹2,170.76 lakh and positive net profit of ₹40.84 lakh. The company strengthened its financial position by reducing long-term borrowings and increasing cash reserves. Nakoda Group expanded into the FMCG sector with the launch of 'NO CTRL' brand, offering energy drinks and carbonated soft drinks. Management expressed confidence in future growth prospects, citing improved financial performance and strategic expansion into B2C markets.
*this image is generated using AI for illustrative purposes only.
Nakoda Group of Industries Limited has reported a strong financial performance for the second quarter and first half of fiscal year 2026, marking a significant turnaround in profitability and expansion into the FMCG sector.
Q2 FY26 Highlights
Nakoda Group demonstrated robust growth in the second quarter of FY26:
- Revenue surged by 58% year-over-year to ₹1,478.67 lakh
- EBITDA turned positive at ₹103.37 lakh, compared to a loss of ₹17.52 lakh in Q2 FY25
- Net profit remained positive at ₹25.11 lakh
- EBITDA margin improved to 6.99% from -1.87% last year
H1 FY26 Performance
The company's performance for the first half of FY26 also showed strong improvement:
- Revenue increased by 20% year-over-year to ₹2,170.76 lakh
- EBITDA turned sharply positive to ₹186.87 lakh, versus a loss of ₹28.33 lakh in H1 FY25
- Net profit turned positive to ₹40.84 lakh, compared to a loss of ₹119.75 lakh in H1 FY25
- EBITDA margin significantly improved to 8.61% from -1.57% last year
Financial Position Strengthened
Nakoda Group has also improved its balance sheet structure:
- Long-term borrowings decreased from ₹103.36 lakh to ₹63.44 lakh
- Cash and cash equivalents increased from ₹43.01 lakh to ₹90.86 lakh
Strategic Expansion into FMCG
Nakoda Group has entered the fast-growing beverages segment with the launch of its new brand "NO CTRL (NO CONTROL)". This expansion marks a key milestone in the company's transformation from an agro-based manufacturer to a diversified FMCG player.
The new brand offers Energy Drinks and Flavoured Carbonated Soft Drinks, targeting high-demand, youth-driven consumer categories. This strategic move is expected to strengthen the company's portfolio, boost brand visibility, and support long-term, sustainable growth across emerging consumer markets.
Management Commentary
Mr. Pravin Choudhary, Managing Director of Nakoda Group of Industries Limited, commented on the results: "We are pleased to report a notable improvement in our financial performance during Q2 FY26 and H1 FY26. The positive turnaround in EBITDA, EBIT, and Net Profit reflects our strengthening overall operating performance."
He added, "Our new brand 'NO CTRL' has received an encouraging initial market response. We are strengthening our distribution reach by entering the B2C space through e-commerce and quick-commerce platforms, helping us tap new markets and enhance brand visibility."
Outlook
With rising consumer acceptance of its new offerings, an expanding product portfolio, and improved financial fundamentals, Nakoda Group remains confident of achieving substantial growth ahead and continuing to progress in line with its long-term strategic objectives.
The company's shift from B2B to B2C markets, starting in Maharashtra and expanding nationwide, is expected to play a crucial role in its future growth strategy.
Historical Stock Returns for Nakoda Group of Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.74% | -0.35% | -0.35% | -4.19% | -21.69% | -47.92% |
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