NAGREEKCAP - Nagreeka Cap.

📊 NSE: NAGREEKCAP 🏢 Finance & Investments 📅 Last Updated: 12/14/2025 10:12

💰 Financial Performance

Revenue Growth by Segment

The company operates solely in the NBFC segment. Revenue from operations for H1 FY26 was INR 1,778.16 Lakhs, representing a significant decrease of 51.7% compared to INR 3,687.36 Lakhs in H1 FY25.

Geographic Revenue Split

Not disclosed in available documents; however, the registered office is located in Kolkata, West Bengal.

Profitability Margins

Net Profit Margin for H1 FY26 improved to 18.8% (INR 334.18 Lakhs) from 7.18% (INR 265.03 Lakhs) in H1 FY25, primarily due to a sharper reduction in total expenses compared to the revenue drop.

EBITDA Margin

Operating profit before working capital changes was INR 1,254.27 Lakhs for H1 FY26, yielding an operating margin of 70.5% of total revenue, down 10.6% YoY from INR 1,403.45 Lakhs.

Capital Expenditure

The company recorded a net purchase of investments amounting to INR 40.34 Lakhs during H1 FY26, compared to INR 11.07 Lakhs in H1 FY25.

Credit Rating & Borrowing

Finance costs increased by 40.5% YoY to INR 388.15 Lakhs in H1 FY26. The company made net borrowing repayments of INR 774.96 Lakhs during the same period.

⚙️ Operational Drivers

Raw Materials

As an NBFC, the primary operational cost is the purchase of stock-in-trade (securities/investments), which amounted to INR 1,233.63 Lakhs, representing 69.3% of total revenue in H1 FY26.

Capacity Expansion

Not applicable for financial services; however, the company is undergoing business restructuring and has appointed a new Internal Auditor for FY 2025-26 to align with new requirements.

Raw Material Costs

Stock-in-trade costs were INR 1,233.63 Lakhs in H1 FY26, a decrease of 53.9% from INR 2,676.28 Lakhs in H1 FY25, following the trend of reduced operational activity.

Manufacturing Efficiency

Not applicable for financial services.

Logistics & Distribution

Not applicable for financial services.

📈 Strategic Growth

Expected Growth Rate

13-15%

Growth Strategy

Growth will be achieved through business restructuring, focusing on underserved and unbanked areas to complement the banking system, and leveraging an expert Board of Directors to calibrate investment portfolios for optimal fair value changes.

Products & Services

Non-Banking Financial Services, including credit facilities, investments in liquid and arbitrage funds, and deposits with highly rated financial institutions.

Brand Portfolio

Nagreeka

Market Expansion

Targeting underserved and unbanked areas in India to augment financial diversification and capital formation.

🌍 External Factors

Industry Trends

The NBFC sector is shifting toward a Scale-Based Regulation (SBR) framework focusing on responsible financial innovation and accountable conduct.

Competitive Landscape

The company operates alongside other NBFCs and banks, focusing on augmenting competition and diversification in the underserved Indian financial system.

Competitive Moat

The company's moat is built on its expert Board of Directors who specialize in the financial sector, providing a competitive advantage in identifying high-quality investment opportunities.

Macro Economic Sensitivity

The company is sensitive to Indian GDP growth, which is projected at 6.7% annually through 2031, and credit growth in the NBFC sector, which is expected to ease to 13-15%.

Consumer Behavior

Increasing demand for credit in unbanked regions is driving the company's focus toward underserved market segments.

Geopolitical Risks

Middle East conflicts and global supply chain disruptions are expected to exacerbate capital market volatility, impacting the company's investment portfolio fair value.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with RBI Scale-Based Regulation (SBR) framework and SEBI Listing Obligations and Disclosure Requirements (LODR) 2015.

Environmental Compliance

Not applicable for NBFC operations.

Taxation Policy Impact

The company maintains current tax assets of INR 68.81 Lakhs as of September 30, 2025.

Legal Contingencies

The company states no penalties or strictures have been imposed by SEBI or Stock Exchanges in the last three years, though specific details of a pending assessment were not fully disclosed.