Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Established in Nagpur, India, in 1989, Nakoda Group of Industries Limited is a prominent manufacturer and seller of a wide array of natural food ingredients. The company's extensive product line, marketed under the Samrat & Nakodas brands, includes bakery supplies, various edible seeds and nuts, dried fruits, preserves, fruit purees, puffed snacks like makhanas and popcorn, amla-derived products, invert sugars, confectionery, staple grains such as rice and chickpeas, and processed fruit and vegetable items like tutti fruity, karonda cherries, sweet lime peels, orange cut peels, sesame seeds, sauces, spices, fruity bars, pickles, papads, canned goods, and frozen produce. In addition to its domestic manufacturing, Nakoda Group of Industries Limited also imports and distributes shelled almonds, pistachios, dates, saffron, and select spices. The company has an international presence, exporting its products to the Middle East and European markets. Its diverse clientele spans industrial food manufacturers, including ice-cream plants, bakeries, and sweet and savory snack producers, as well as large-scale institutions such as airline companies, railway catering services, and the Indian military.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITD