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Nurture Well Industries Q3 FY26 Share Price & Earnings Call Analysis

₹18.66+2.53% today
Market cap
₹435 Cr
P/E
7.48
ROE
21.29%
PEG
0.03
Price to sales
0.46
Debt to equity
0.10
52W high / low
₹45.1 / ₹18.1
EBITDA margin
8.70%
Net profit margin
8.24%
Promoter holding
53.81%
Sales (last year)
₹929 Cr

Incorporated in 1995, Integrated Industries Ltd is in the business of trading of food products.[1]

Guidance scorecard · Q3 FY26 call

What Nurture Well Industries Ltd's management guided
and where it ranks in Food Products

#1of 30 in
Food Products
Revenue40%+MarginsUp 2%+CapexPlannedFundraisingPlannedOrder bookRising

RevenueQ3 FY26 call

40%+
  • Company targets total revenue of approximately INR 2,500 crores by FY 2029, roughly doubling from around INR 1,200 crores expected in FY 2026.
  • Domestic business revenue is expected to grow from about INR 125-130 crores currently to around INR 1,000–1,200 crores in the next three years.
  • Capacity expansions include adding lines at the existing Neemrana plant (INR 15–20 crores) and commissioning a new manufacturing unit (INR ~400 crores capex).
  • Current capacity utilization is about 65-66%; target to ramp up to 80-85% before the new plant comes online.
  • The new unit will focus on premium biscuits and confectionery, expected to improve both revenue and margins.
  • Volume growth aligns with turnover growth, showing approximately 7-8% tonnage increase recently.

2 more points from Nurture Well Industries Ltd's call on revenue

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Full Q3 FY26 analysis

MarginsQ3 FY26 call

Up 2%+

See what Nurture Well Industries Ltd said on margins — free account, 30 seconds.

Full Q3 FY26 analysis

CapexQ3 FY26 call

Planned
  • Existing Neemrana plant expansion: Adding 2-3 production lines with a capex of approx. INR 15-20 crores, planned for FY 2026-27.
  • New manufacturing unit (Secunderabad): Major capex of approx. INR 400 crores over next 2 years (around INR 300 crores for capex and INR 100 crores for working capital).
  • Timeline for new unit: Commercial production expected to start around FY 2028-29, with trial runs by end of FY 2027.
  • Funding: Capex to be financed through fresh equity issuance, promoters' contribution, and internal accruals; no long-term debt planned.

2 more points from Nurture Well Industries Ltd's call on capex

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Full Q3 FY26 analysis

FundraisingQ3 FY26 call

Planned

See what Nurture Well Industries Ltd said on fundraising — free account, 30 seconds.

Full Q3 FY26 analysis

Order bookQ3 FY26 call

Rising
  • The company has a sizeable and developing order book, helping to increase capacity utilization and translate into sales.
  • Orders are received primarily through super stockists and consolidators in Tier 2 and Tier 3 cities of Northern India.
  • These super stockists and consolidators provide long-term orders booking requirements for 3-4 months in advance based on market feedback.
  • For the next quarter, approximately 75%-80% of the revenue is already backed by confirmed orders.
  • The company is confident about turnover growth due to repeated and increasing orders from existing and new super stockists.

2 more points from Nurture Well Industries Ltd's call on the order book

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Full Q3 FY26 analysis
Full Food Products ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Food Products
on management's own guidance

  1. Strong growth
    2
  2. This stockNurture Well IndustriesStrong growth
    1
  3. Strong growth
    3
See all potential multibaggersAll Food Products rankings

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Food Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
1Nurture Well IndustriesThis stock40%+Up 2%+₹459 Cr7.9
240%+Up 2%+₹454 Cr79.8
340%+Flat₹1,061 Cr48.2
440%+Flat₹157 Cr10.5
520–40%Up 2%+₹671 Cr48.3
620–40%Up 2%+₹265 Cr7.8

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Pro shows every company guiding 40%+ revenue growth →Full Food Products ranking

Financials of Nurture Well Industries Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Nurture Well Industries Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +0.0419.4746.74125.77139.27140.14186.60198.75240.29249.85286.86289.77199.90
Expenses +0.0317.5043.92115.46124.93125.60171.94181.56217.97224.34256.18256.58199.47
Operating Profit0.011.972.8210.3114.3414.5414.6617.1922.3225.5130.6833.190.43
OPM %25.00%10.12%6.03%8.20%10.30%10.38%7.86%8.65%9.29%10.21%10.70%11.45%0.22%
Other Income +0.000.000.000.000.000.000.600.622.350.881.130.11-0.24
Interest0.000.100.330.01-0.010.000.010.031.050.030.200.340.58
Depreciation0.000.360.630.640.640.630.680.690.750.750.750.770.75
Profit before tax0.011.511.869.6613.7113.9114.5717.0922.8725.6130.8632.19-1.14
Tax %72,500.00%22.52%30.11%4.87%3.50%6.69%1.17%3.45%0.74%3.28%3.14%3.54%3.51%
Net Profit +-7.241.171.309.1913.2312.9814.4016.5022.7024.7729.8931.05-1.18
EPS in Rs-0.760.120.080.560.690.680.580.570.790.851.021.06-0.04

Financials of Nurture Well Industries Ltd

Profit & Loss

Annual income statement trend

Mar 2023Mar 2024Mar 2025Mar 2026
Sales +53317661,026
Expenses +0302697937
Operating Profit5296990
OPM %97%9%9%9%
Other Income +0042
Interest0011
Depreciation0233
Profit before tax5276888
Tax %73%7%3%3%
Net Profit +1256785
EPS in Rs0.141.302.432.88
Dividend Payout %0%0%0%0%

Financials of Nurture Well Industries Ltd

Balance Sheet

Capital structure and asset base

Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5102323
Reserves-4141237347
Borrowings +10235
Other Liabilities +0128221158
Total Liabilities2278483563
Fixed Assets +07373100
CWIP0004
Investments0000
Other Assets +2205410459
Total Assets2278483563

Financials of Nurture Well Industries Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +5-4148-22
Cash from Investing Activity +-1-75-129-43
Cash from Financing Activity +-41238741
Net Cash Flow077-24
Free Cash Flow5-11746-56
CFO/OP100%-137%71%-22%

Financials of Nurture Well Industries Ltd

Ratios

Working capital efficiency and return ratios

Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days01079273
Inventory Days46556
Days Payable39276036
Cash Conversion Cycle0-239-61444
Working Capital Days-15774472
ROCE %36%30%23%

Guidance history

How Nurture Well Industries Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q3 FY26 call →40%+Up 2%+PlannedPlannedRising
Q3 FY25 call →40%+FlatPlannedPlanned—

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

Continue your research

What Nurture Well Industries Ltd's management said in earlier quarters

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