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Nagreeka Exports Limited (NAGREEKEXP)

₹21.80 -2.37% last close, 16 Oct

📊 NSE: NAGREEKEXP 🏢 Textiles - Cotton/Blended 📢 Latest filing: 03 Sep 2026 📝 Analysis written: 14 Dec 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Nagreeka Exports' revenue was ₹174 Cr (+92.5% year on year, +2.2% on the previous quarter), and net profit ₹1.0 Cr (+12.7% year on year); the operating margin was 3.1%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹174	+92.5%	+2.2%
Operating profit	₹5.4	-13.2%	+122.6%
Net profit	₹1.0	+12.7%	+141.0%
EPS (₹)	0.33	+13.8%	+135.7%
Operating margin	3.1%	—	—

Full quarterly financials → Results calendar →

NAGREEKEXP delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 32.04% of the NAGREEKEXP shares traded on NSE were taken to delivery, against the stock's own 20-session average of 73.51%. That is lower than usual for this stock. Turnover was only ₹4 lakh, so a handful of trades can move this figure. Volume was 0.4 times its average, well below normal.

32.04%Delivery, 16 Oct

73.51%Own 20-session average

0.4×Volume vs its average

₹21.80NSE close · -2.37%

Delivery in the last 5 sessions: 86.9% · 62.7% · 71.0% · 30.8% · 32.0%

Delivery across the market →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Nagreeka Exports Convenes 37th AGM on Sep 29, 2026; Proposes Re-appointment of Key Directors

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 03 Sep 2026, 04:48 PM

Nagreeka Exports Limited has issued the notice for its 37th Annual General Meeting (AGM) to be held on September 29, 2026, via Video Conferencing. Key agenda items include the adoption of FY25-26 audited financial statements and the re-appointment of Mr. Sushil Patwari as Executive Chairman for 5 years effective October 1, 2026. Additionally, the company seeks shareholder approval to re-appoint Mr. Mahendra Ishwarlal Patwari as Whole-Time Director for 5 years from July 1, 2027. For FY26, the company reported revenue from operations of Rs 511.18 Cr and net profit of Rs 3.06 Cr with a ROCE of 5.20%.

37th AGM scheduled for September 29, 2026 at 11:30 AM via VC/OAVM
Special resolution proposed for 5-year re-appointment of Sushil Patwari as Chairman from Oct 1, 2026 to Sep 30, 2031
Special resolution proposed for 5-year re-appointment of Mahendra Ishwarlal Patwari as Whole-time Director from Jul 1, 2027 to Jun 30, 2032
Audited FY26 revenue from operations recorded at Rs 51,118.02 lakh (Rs 511.18 Cr) vs Rs 52,886.29 lakh in FY25
FY26 Debt-Equity ratio stood at 1.09x on total debt of Rs 17,278.36 lakh (Rs 172.78 Cr)

💡 Eligible shareholders can participate in e-voting on the AGM resolutions including managerial remuneration and leadership terms ahead of September 29, 2026.

Nagreeka Exports Q1 FY27: Revenue Jumps 92% YoY to ₹173.8 Cr; PAT Recovers to ₹1.04 Cr

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 13 Aug 2026, 07:36 PM

Nagreeka Exports reported a strong recovery in Q1 FY27 with revenue from operations surging 92.5% YoY to ₹173.82 Cr, up from ₹90.31 Cr in the year-ago period. Net profit grew to ₹1.04 Cr, a 142% sequential increase from ₹0.43 Cr in Q4 FY26, though only a modest 13% increase YoY. The company also ensured leadership continuity by re-appointing its Chairman and Whole Time Director for five-year terms. Despite the revenue scale-up, the company remains a high-debt micro-cap with a debt-to-equity ratio of 1.08 and thin operating margins.

Revenue from operations increased 92.5% YoY to ₹173.82 Cr from ₹90.31 Cr in Q1 FY26.
Net profit for the quarter stood at ₹1.04 Cr, more than doubling the ₹0.43 Cr reported in the previous quarter (Mar 2026).
Total Comprehensive Income reached ₹3.40 Cr, significantly aided by ₹2.75 Cr in fair value gains on equity investments.
Re-appointment of Mr. Sushil Patwari as Chairman for a 5-year term effective October 1, 2026.
Finance costs remained high at ₹3.28 Cr for the quarter, reflecting the company's ₹173 Cr debt burden.

💡 Investors should monitor if the current quarterly revenue run-rate of ₹170Cr+ is sustainable and whether the diversification into higher-margin home linen (8-9%) can improve the overall OPM from the current 3.9%.

99.87% Approval for Continuation of Independent Director Pawan Kishore Harlalka

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 18 Jul 2026, 04:08 PM

Shareholders of Nagreeka Exports have approved a special resolution via postal ballot for the continuation of Mr. Pawan Kishore Harlalka as a Non-Executive Independent Director. The resolution was necessary as Mr. Harlalka will reach the age of 75 on September 4, 2026, during his current tenure which lasts until September 30, 2030. The proposal received overwhelming support with 99.87% of total votes in favor, ensuring board continuity as the company manages its recent production unit closure and export challenges in Bangladesh.

99.87% of total votes (22,157,167 shares) were cast in favor of the special resolution.
Mr. Pawan Kishore Harlalka will reach the age of 75 on September 4, 2026.
The approved tenure for the Independent Director extends until September 30, 2030.
100% of the promoter group votes (17,910,871 shares) supported the continuation.
Only 0.12% of votes (27,598 shares) were cast against the resolution.

💡 Educational: This is a routine governance matter to comply with Section 196(3) of the Companies Act. Investors should focus on the company's operational recovery following the production unit closure in Q1 FY26 and its impact on the 3.9% operating margins.

Nagreeka Exports Submits Quarterly SEBI Dematerialization Certificate for June 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 06 Jul 2026, 02:15 PM

Nagreeka Exports has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing confirms that for the quarter ended June 30, 2026, the Registrar and Transfer Agent (RTA), Maheshwari Datamatics Pvt Ltd, processed all dematerialization requests. The RTA confirmed that physical share certificates were mutilated or cancelled after being replaced by electronic records in the depositories. This is a standard administrative filing with no impact on the company's financial performance or operations.

Compliance certificate issued for the quarter ended June 30, 2026
Covers the dematerialization period from April 1, 2026, to June 30, 2026
Maheshwari Datamatics Pvt Ltd acted as the SEBI-approved Registrar & Transfer Agent
Confirmation provided that physical certificates were destroyed/mutilated within stipulated timelines
Company maintains a TTM revenue of Rs 511 Cr with a thin PAT of Rs 3 Cr

💡 This is a routine regulatory filing. Investors should instead monitor the company's upcoming quarterly earnings to assess the impact of the production unit closure and political instability in Bangladesh on its textile exports.

Nagreeka Exports to Close Trading Window from July 1, 2026, for Q1 FY27 Results

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 24 Jun 2026, 03:57 PM

Nagreeka Exports Limited has announced the closure of its trading window for all designated persons and their immediate relatives starting July 1, 2026. This action is a standard regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations for the quarter ending June 30, 2026. The window will remain closed until 48 hours after the unaudited financial results are declared. The specific date for the board meeting to approve these results will be communicated separately.

Trading window closure begins on July 1, 2026
Closure pertains to the financial results for the quarter ending June 30, 2026
Window to reopen 48 hours after the official declaration of results
Compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015

💡 This is a routine regulatory announcement with no impact on company fundamentals. Investors should monitor for the upcoming board meeting date to review the quarterly financial performance.

Nagreeka Exports Seeks Approval for Continuation of Director Pawan Harlalka Beyond Age 75

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 17 Jun 2026, 03:05 PM

Nagreeka Exports has initiated a postal ballot to seek shareholder approval for the continuation of Mr. Pawan Kishore Harlalka as an Independent Director. As per SEBI regulations, a special resolution is required because the director will reach the age of 75 on September 4, 2026. His current term is slated to last until September 30, 2030. Shareholders can participate in e-voting between June 18 and July 17, 2026, based on the June 12 cut-off date.

Special resolution for continuation of Mr. Pawan Kishore Harlalka as Independent Director
Director reaches the age of 75 on September 4, 2026, during his current tenure
Proposed continuation of directorship until the term expiry on September 30, 2030
E-voting period scheduled from June 18, 2026, to July 17, 2026
Eligibility cut-off date for shareholders set as June 12, 2026

💡 Shareholders should evaluate the director's contribution to the board and cast their votes by the July 17 deadline. This is a standard regulatory procedure for aging directors and has no direct financial impact.

Nagreeka Exports Appoints Ranu Dey Talukdar as CS; Approves Audited FY26 Financial Results

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 30 May 2026, 01:08 PM

Nagreeka Exports Limited has announced the appointment of Mrs. Ranu Dey Talukdar as the Company Secretary and Compliance Officer, effective April 16, 2026. The Board also approved the audited financial results for the quarter and year ended March 31, 2026, which received an unmodified opinion from the statutory auditors. Furthermore, the company has appointed new Internal and Cost Auditors for the 2026-27 financial year. A postal ballot for shareholder voting is scheduled to begin on June 18, 2026.

Mrs. Ranu Dey Talukdar (ACS 24690) appointed as Company Secretary and Compliance Officer effective April 16, 2026.
Audited financial results for the year ended March 31, 2026, approved with an unmodified audit report from M/s B. Nath & Co.
M/s. B.N. Kedia & Co. and M/s V. J. Talati & Co. appointed as Internal and Cost Auditors respectively for FY 2026-2027.
Postal Ballot for shareholders scheduled to commence on June 18, 2026, with a cut-off date of June 12, 2026.

💡 Investors should monitor the detailed audited financial results on the company's website for specific performance trends, though the management changes are routine and regulatory in nature.

Nagreeka Exports Approves FY26 Audited Results and Appoints New Company Secretary

🟡 NEUTRAL ⭐ 6/10

BOARD_MEETING 📅 29 May 2026, 07:22 PM

Nagreeka Exports Limited held a board meeting on May 29, 2026, to approve the audited financial results for the quarter and year ended March 31, 2026. The statutory auditors issued an unmodified opinion on these results. Key management changes include the appointment of Mrs. Ranu Dey Talukdar as Company Secretary and Compliance Officer. The company also appointed new internal and cost auditors for the 2026-27 financial year and scheduled a postal ballot for June 18, 2026.

Approved audited financial results for the fiscal year ended March 31, 2026, with an unmodified audit opinion.
Appointed Mrs. Ranu Dey Talukdar as Company Secretary and Compliance Officer effective April 16, 2026.
Appointed M/s. B.N. Kedia & Co. as Internal Auditors and M/s V. J. Talati & Co. as Cost Auditors for FY 2026-2027.
Scheduled a Postal Ballot for shareholders starting June 18, 2026, with a cut-off date of June 12, 2026.
The board meeting commenced at 4:45 p.m. and concluded at 7:00 p.m. on May 29, 2026.

💡 Investors should review the full financial statements on the company website to evaluate performance trends, as the current announcement focuses on administrative approvals and appointments.

Nagreeka Exports Clarifies No Undisclosed Information Behind Recent Price Movement

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 30 Apr 2026, 02:21 PM

Nagreeka Exports Limited has responded to a clarification request from the BSE and NSE regarding recent significant movements in its stock price and trading volume. The company stated that there is no undisclosed price-sensitive information or impending announcements that could have influenced the trading behavior. Management clarified that the price and volume increases are purely market-driven and not connected to any internal company developments. The company reaffirmed its commitment to regular information dissemination under SEBI (LODR) Regulations, 2015.

Responded to exchange query dated April 23, 2026, regarding recent price volatility
Confirmed no undisclosed material information exists under Regulation 30 of SEBI LODR
Stated that price and volume movements are entirely market-driven and due to market conditions
Management denied any connection with the recent increase in the company's scrip price

💡 Investors should be cautious as the company has confirmed no fundamental news is driving the recent price surge. Avoid speculative trading and wait for actual performance updates before making investment decisions.

Nagreeka Exports Submits SEBI Dematerialization Certificate for Q4 FY26

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 14 Apr 2026, 12:25 PM

Nagreeka Exports Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by Maheshwari Datamatics Pvt. Ltd., confirms that share certificates received for dematerialization during the quarter ended March 31, 2026, have been processed. The Registrar and Transfer Agent (RTA) verified that the certificates were mutilated and cancelled after the substitution of the depository's name in the company's records. This is a standard administrative filing required by all listed entities in India.

Compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.
Covers the reporting period from January 1, 2026, to March 31, 2026.
Registrar and Transfer Agent (RTA) confirmed as Maheshwari Datamatics Pvt. Ltd.
Confirmation that all physical certificates received for dematerialization were destroyed or mutilated within the stipulated time.

💡 This is a routine regulatory disclosure with no impact on the company's financial performance or business operations; no action is required.

Nagreeka Exports Promoters Confirm Zero Share Pledging for FY 2025-26

🟢 POSITIVE ⭐ 4/10

REGULATORY 📅 02 Apr 2026, 05:17 PM

The promoter group of Nagreeka Exports Limited has officially declared that none of their shares were encumbered or pledged during the financial year ending March 31, 2026. This disclosure is a standard annual requirement under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations. The filing includes 18 entities within the promoter group, including individuals like Sushil Patwari and various HUFs. Maintaining zero encumbrance is a positive signal, suggesting the promoters are not under financial pressure to leverage their holdings.

Promoters declare zero encumbrance on shares for the financial year ending March 31, 2026
Filing complies with Regulation 31(4) of SEBI (SAST) Regulations, 2011
The declaration covers a total of 18 promoter group entities and persons acting in concert

💡 Zero pledging is a sign of financial stability within the promoter group. Investors should continue to monitor quarterly shareholding patterns for any changes in stake.

Nagreeka Exports Announces Trading Window Closure from April 1, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 26 Mar 2026, 06:21 PM

Nagreeka Exports Limited has announced the closure of its trading window for all designated persons and their immediate relatives starting April 1, 2026. This action is in compliance with SEBI (Prohibition of Insider Trading) Regulations for the upcoming audited financial results for the quarter and year ending March 31, 2026. The window will remain closed until 48 hours after the financial results are officially declared. The specific date for the board meeting to approve these results will be communicated at a later date.

Trading window closure begins on April 1, 2026, for all designated persons.
The closure pertains to the audited financial results for the quarter and year ending March 31, 2026.
The window will reopen 48 hours after the official declaration of the financial results.
The date for the Board Meeting to consider the results will be intimated separately.

💡 This is a routine regulatory announcement with no direct impact on stock valuation. Investors should monitor for the upcoming board meeting date to assess the company's full-year financial performance.

Nagreeka Exports Announces Resignation of Company Secretary Monika Kedia Effective March 14, 2026

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 14 Mar 2026, 02:03 PM

Nagreeka Exports Limited has announced that Mrs. Monika Kedia has resigned from her position as Company Secretary and Compliance Officer. Her resignation is effective from the close of business hours on March 14, 2026, and she has been relieved of her duties as a Key Managerial Personnel (KMP). The company cited personal reasons for her departure as per her resignation letter. This transition requires the company to appoint a new Compliance Officer to ensure ongoing adherence to SEBI listing regulations.

Mrs. Monika Kedia resigned as Company Secretary and Compliance Officer effective March 14, 2026.
The resignation was attributed to 'unavoidable personal reasons' with no other concerns raised.
She has been relieved from her services as Key Managerial Personnel (KMP) from the closing hours of the effective date.
The company has officially notified both BSE and NSE under Regulation 30 of SEBI (LODR) Regulations, 2015.

💡 This is a routine administrative change and does not impact the company's fundamentals. Investors should watch for the appointment of a successor to ensure continued regulatory compliance.

Nagreeka Exports Submits Revised Q3 FY26 Auditor Report with UDIN; Financials Unchanged

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 07 Mar 2026, 02:06 PM

Nagreeka Exports has submitted a revised Limited Review Report for the quarter and nine months ended December 31, 2025, to include the mandatory UDIN which was missing in the initial filing due to technical issues with the ICAI server. The company confirmed that there are no changes to the financial results previously reported on February 12, 2026. For Q3 FY26, the company reported a net profit of ₹62.23 lakhs on revenue of ₹12,177.86 lakhs. The nine-month net profit for the period ending December 2025 stands at ₹263.27 lakhs, down from ₹332.20 lakhs in the previous year.

Revenue from operations for Q3 FY26 was ₹12,177.86 lakhs compared to ₹12,209.57 lakhs in the previous quarter.
Net profit for Q3 FY26 declined to ₹62.23 lakhs from ₹109.07 lakhs in Q2 FY26 and ₹86.90 lakhs in Q3 FY25.
Nine-month net profit for FY26 reached ₹263.27 lakhs, a decrease from ₹332.20 lakhs in the corresponding period last year.
Total Comprehensive Income for the quarter was ₹259.76 lakhs, aided by ₹197.53 lakhs in fair value changes of equity investments.
The submission is purely administrative to comply with UDIN requirements and contains no changes to financial data.

💡 This is a routine regulatory filing to rectify a technical omission and has no impact on the company's financial position. Investors should monitor the declining quarterly profit margins and year-on-year performance trends.

Nagreeka Exports Q3 Revenue Up 21.8% YoY to ₹127.79 Cr; Net Profit Dips to ₹0.62 Cr

🔵 WATCH ⭐ 7/10

EARNINGS 📅 13 Feb 2026, 12:47 PM

Nagreeka Exports reported a robust 21.8% YoY growth in revenue from operations to ₹127.79 crore for the quarter ended December 31, 2025. However, the bottom line faced pressure as net profit declined to ₹0.62 crore from ₹0.87 crore in the corresponding quarter of the previous year. Sequentially, while revenue increased by 4.6%, net profit saw a sharp decline of 37.8% from ₹1.00 crore in Q2 FY26. The company's total comprehensive income remained strong at ₹11.56 crore, significantly higher than the standalone net profit due to other comprehensive income items.

Total Income from Operations rose to ₹12,778.61 lakhs (₹127.79 Cr) vs ₹10,490.00 lakhs in the same quarter last year.
Net Profit after tax fell to ₹62.23 lakhs, a decrease from ₹86.50 lakhs in Q3 FY25.
Total Comprehensive Income for the quarter stood at ₹1,155.71 lakhs, showing growth over the previous year's ₹1,029.08 lakhs.
Earnings Per Share (EPS) decreased to ₹0.40 from ₹0.55 in the previous year's quarter and ₹0.64 in the preceding quarter.
Nine-month total income reached ₹34,107.95 lakhs, trailing behind the ₹41,333.18 lakhs recorded in the same period last year.

💡 The divergence between revenue growth and profit decline suggests margin contraction that requires further investigation into rising operational costs. Investors should monitor if the company can translate its top-line growth into sustainable bottom-line recovery in coming quarters.

View All NAGREEKEXP Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Revenue for FY24 grew 13% YoY to INR 559.03 Cr. The company has diversified into home linen and bed linen segments, which now contribute 20%-30% of total revenue, while the core yarn segment contributes the remainder.

Geographic Revenue Split

Bangladesh is a significant export market, though it is currently facing lower-than-expected offtake due to political instability. Domestic sales are driven by stable Indian cotton prices.

Profitability Margins

EBITDA margins improved to 4.48% in FY24 (from 4.16% in FY23) and reached 4.62% in FY25. PAT margins were 1.07% in FY24 but declined to 0.60% in FY25 due to higher interest costs.

EBITDA Margin

EBITDA margin stood at 4.62% in FY25, a slight improvement from 4.48% in FY24, driven by a shift toward high-margin home linen products (8%-9% margins).

Capital Expenditure

The company is increasing its Authorized Share Capital as per the EGM notice dated December 18, 2025. Promoters infused subordinated unsecured loans of INR 9.50 Cr during FY26 to support operations.

Credit Rating & Borrowing

Credit rating is IVR BBB- with a Negative outlook (revised from Stable in August 2025). Borrowing costs have increased, leading to a decline in PAT margins to 0.60% in FY25.

⚙️ Operational Drivers

Raw Materials

Cotton (percentage of total cost not disclosed, but identified as the major cost component).

Import Sources

India (specifically cited as stable Indian cotton prices).

Capacity Expansion

Current capacity not disclosed in MT; however, a production unit was closed in Q1 FY26, resulting in a significant loss of output.

Raw Material Costs

Raw material costs are a major component of total costs; the company is sensitive to Indian cotton price volatility which impacts low-margin operations.

Manufacturing Efficiency

Manufacturing efficiency was adversely impacted in FY26 by the higher-than-anticipated closure of a production unit.

📈 Strategic Growth

Expected Growth Rate

13%

Growth Strategy

Growth is targeted through diversification into high-margin home linen and bed linen segments (8-9% margins). The company is also expanding its capital base by increasing Authorized Share Capital and utilizing rights issue proceeds of INR 37.50 Cr to improve net worth.

Products & Services

Cotton Yarn, Home Linen, Bed Linen.

New Products/Services

Home linen and bed linen segments (recently diversified, contributing 20-30% of revenue).

Market Expansion

Targeting export growth in Bangladesh and diversifying product mix to include higher-value home textiles.

🌍 External Factors

Industry Trends

The cotton spinning industry is cyclical, fragmented, and capital-intensive. There is an industry-wide shift toward integrated high-margin home textile products.

Competitive Landscape

The industry is highly fragmented with intense competition from numerous small and large players in the spinning segment.

Competitive Moat

The company relies on over 4 decades of promoter experience (Patwari family) and established relationships with stakeholders as its primary competitive advantage.

Macro Economic Sensitivity

Highly sensitive to global textile demand and domestic cotton price cycles.

Consumer Behavior

Increasing consumer demand for diversified home linen products is driving the company's shift away from pure yarn trading.

Geopolitical Risks

Political instability in Bangladesh is a primary risk, leading to lower-than-expected export offtake.

⚖️ Regulatory & Governance

Industry Regulations

Operations are subject to textile manufacturing standards and export-import regulations, though specific pollution or pricing norms are not detailed.

Legal Contingencies

None disclosed outside of capital market regulatory matters.

⚠️ Risk Analysis

Key Uncertainties

Uncertainty regarding the timeline for reopening the closed production unit and the duration of political instability in Bangladesh (impact % not quantified).