NKIND
NK Industries financials
- Market cap
- ₹34 Cr
- Sector
- Fast Moving Consumer Goods
What NK Industries Limited does
N K Industries Limited is a castor-oil focused company headquartered in Ahmedabad, Gujarat. Its own factory at Kadi, Mehsana District is not run by the company itself but is given on a Dry Lease Agreement to group company N K Proteins Private Limited, which uses the premises for crushing castor seeds. The company's castor-oil related processing activity is carried out through its three wholly-owned subsidiaries, and it additionally holds a joint venture that is not currently consolidated.
Segments
- Factory leasing (job-work)
- Subsidiary operations
- Manufacturing facility
- 1 factory at Kadi, Mehsana District, Gujarat — leased to group company N K Proteins Pvt Ltd for castor-seed crushing (Dry Lease Agreement since Apr 2019)
- Wholly-owned subsidiaries
- 3 (Banpal Oil Chem Pvt Ltd, NK Oil Mills Pvt Ltd, Tirupati Retail India Pvt Ltd)
- Joint venture
- AWN Agro Private Limited (unconsolidated — no management control)
Quarterly results
Q1 FY27: revenue up 0.0%, net profit down 214.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 1 | 1 +0% | 1 +0% | 1 +0% | 1 +0% |
| EBITDA | 0 | 0 | -2 | 0 | -1 −535% | -0 −139% | -0 +97% | -0 −241% |
| Net profit | -0 | -0 | -3 | -0 | -1 −421% | -1 −367% | -0 +84% | -1 −214% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −18.6% 1Y
1Y: ₹68.11 on 10 Sept 2025 → ₹55.43. High ₹81.82 (16 Sept 2025), low ₹55.43 (11 Sept 2026).
Financials, as filed
Revenue grew 0.0% a year over 2 years, FY24 to FY26. Operating margin narrowed to -41.7%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Operating profit | ₹1 Cr | ₹-1 Cr | ₹-1 Cr |
| Operating margin | 47.5% | -55.0% | -41.7% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹3 Cr | ₹2 Cr | ₹2 Cr |
| Net profit | ₹-1 Cr | ₹-3 Cr | ₹-3 Cr |
| Net margin | -48.7% | -131.2% | -115.8% |
| Cash from operations | ₹-1 Cr | ₹-3 Cr | ₹-3 Cr |
| Free cash flow | ₹-1 Cr | ₹-4 Cr | ₹-3 Cr |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹6 Cr |
| Reserves | ₹-344 Cr | ₹-346 Cr | ₹-347 Cr | ₹-349 Cr | ₹-357 Cr | ₹-355 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr |
| Other liabilities | ₹634 Cr | ₹633 Cr | ₹633 Cr | ₹633 Cr | ₹2.2k Cr | ₹634 Cr |
| Total liabilities | ₹296 Cr | ₹294 Cr | ₹292 Cr | ₹291 Cr | ₹1.9k Cr | ₹286 Cr |
| Fixed assets | ₹126 Cr | ₹122 Cr | ₹118 Cr | ₹115 Cr | ₹197 Cr | ₹112 Cr |
| Capital work in progress | ₹5 Cr | ₹6 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr |
| Investments | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹0 Cr | ₹2 Cr |
| Other assets | ₹164 Cr | ₹164 Cr | ₹165 Cr | ₹167 Cr | ₹1.7k Cr | ₹166 Cr |
| Total assets | ₹296 Cr | ₹294 Cr | ₹292 Cr | ₹291 Cr | ₹1.9k Cr | ₹286 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025.
- Promoters
- 73.3%
- DIIs
- 0.0%
- Public
- 26.7%
Since Jun 2025
- Public +0.01 pp
- Promoters 0.00 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 73.3%, DIIs 0.0%, Public 26.7%.Dec '23: Promoters 73.3%, DIIs 0.0%, Public 26.7%.Mar '24: Promoters 73.3%, DIIs 0.0%, Public 26.7%.Jun '24: Promoters 73.3%, DIIs 0.0%, Public 26.7%.Sep '24: Promoters 73.3%, DIIs 0.0%, Public 26.7%.Dec '24: Promoters 73.3%, DIIs 0.0%, Public 26.7%.Mar '25: Promoters 73.3%, DIIs 0.0%, Public 26.7%.Jun '25: Promoters 73.3%, DIIs 0.0%, Public 26.7%.Sep '25: Promoters 73.3%, DIIs 0.0%, Public 26.7%.Dec '25: Promoters 73.3%, DIIs 0.0%, Public 26.7%.Mar '26: Promoters 73.3%, DIIs 0.0%, Public 26.7%.Jun '26: Promoters 73.3%, DIIs 0.0%, Public 26.7%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Subhash Jagdishprasad Agarwal +0.32 pp 1.37% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of NK Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Aashita Nileshbhai Patel | 21.20% | unchanged |
| Smrutiben Nimish Patel | 19.16% | unchanged |
| Nkpl Realty Llp | 14.92% | unchanged |
| N. K. Proteins Private Limited | 6.11% | unchanged |
| Bhavna Darshan Mehta | 2.48% | unchanged |
| Nimish Keshavlal Patel | 2.23% | unchanged |
| Shailesh Bhanwarlal Bhandari | 2.15% | unchanged |
| Priyanshi Nilesh Patel | 1.78% | unchanged |
| Nilesh Keshavlal Patel | 1.74% | unchanged |
| Nimishbhai Keshavlal Patel | 1.74% | unchanged |
| Priyam Nilesh Patel | 1.41% | unchanged |
| Venushree Nimishbhai Patel | 1.40% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse NK Industries Limited
Guides on how to read this kind of business and the numbers that matter.