Newtrac Foods & Beverages Ltd (514060)
🎯 Key Takeaways
- Newtrac Foods & Beverages Ltd appears to be in a distressed or dormant phase, with persistent negative profitability metrics and minimal operational activity. The company has not generated meaningful revenue or profit in recent quarters, and its financials reflect a pattern of losses and negligible asset growth.
- Revenue grew 645.8% QoQ to ₹22 in Q1FY27.
- ⚠️ Persistent negative ROE and ROCE (-58.3% and -56.9%) signal severe operational inefficiency and capital destruction.
📖 The Story
Newtrac Foods & Beverages Ltd appears to be in a distressed or dormant phase, with persistent negative profitability metrics and minimal operational activity. The company has not generated meaningful revenue or profit in recent quarters, and its financials reflect a pattern of losses and negligible asset growth. Management has not announced any active business revival strategy, suggesting the company may be in a holding or administrative stage.
📰 What's Happening
The most recent board meeting on August 28, 2026, scheduled an AGM for September 24, 2026, to ratify the FY2026 director’s report and discuss governance matters. Earlier, on September 1, 2026, the board approved the AGM notice and the director’s report, indicating procedural compliance rather than strategic action. No new business initiatives, expansions, or financial targets were disclosed in these filings. The company continues to operate with minimal revenue and recurring losses, with no visible efforts to restructure or reposition its operations.
Source: Stock Announcements
📊 Quarterly Results (₹ Cr)
| Metric | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 3 | 22 |
| Operating Profit | -0 | -1 | -6 | 0 |
| OPM % | — | — | -209.8% | 0.3% |
| Net Profit | -0 | -0 | -6 | 0 |
| EPS | ₹-0.09 | ₹-0.14 | ₹-3.22 | ₹0.04 |
Revenue has declined sharply from ₹3 crore in Q3 2025 to ₹22 lakh in Q1 2026, but operating performance remains severely negative, with operating losses widening in Q1 2026 (₹-6 crore) compared to Q4 2025 (₹-1 crore). Despite the revenue uptick, net profit remains negative at ₹-6 crore in Q1 2026, and EPS stands at ₹-3.22, reflecting persistent un profitability. The company has not disclosed any cost optimization or margin improvement initiatives, and the financial trajectory suggests ongoing operational drag without signs of stabilization.
🔮 Management Outlook & What's Next
Management has not provided forward-looking guidance or strategic outlook in the latest filings. The focus remains on procedural governance items, such as approving the AGM and director’s report, with no discussion of business revival, revenue targets, or margin improvement plans. The absence of strategic commentary suggests a lack of active management direction or confidence in near-term performance recovery.
Extracted from official company announcements. Not StockFin.ai's opinion.
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 19 | 19 | 19 | 19 |
| Reserves | -8 | -8 | -8 | -14 |
| Borrowings | 23 | 0 | 2 | 2 |
| Total Liabilities | 52 | 27 | 28 | 18 |
| Fixed Assets | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 4 |
| Total Assets | 52 | 27 | 28 | 18 |
The balance sheet shows stable equity of ₹19 crore but declining reserves, which have deteriorated from ₹-8 crore to ₹-14 crore, indicating cumulative losses are eroding capital. Total assets have plateaued around ₹18–28 crore with no significant investment or growth in fixed assets. Borrowings remain minimal at ₹2 crore, suggesting the company is not leveraging for expansion. The capital structure remains conservative, but the declining equity base raises concerns about long-term solvency if losses persist.
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2025 |
|---|---|
| Operating | -16 |
| Investing | -0 |
| Financing | +14 |
| Net Cash Flow | -2 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 18.5% | 18.5% | 18.5% | 18.5% |
| FII | 0.0% | 0.0% | 0.0% | 0.0% |
| DII | 0.3% | 0.3% | 0.3% | 0.3% |
| Public | 66.3% | 66.4% | 67.0% | 67.0% |
| # Shareholders | 13,016 | 13,041 | 12,947 | 12,911 |
Promoter holding remains steady at 18.5% with no changes in pledging or stake sales. Institutional ownership is negligible, with FII holding at 0% and DII at 0.33% over the past year, indicating no significant investor interest. The shareholder base is highly dispersed, with over 12,900 public shareholders, suggesting retail fragmentation. There are no signs of institutional accumulation or activist activity, and the stock appears to be largely passive among investors.
⚖️ Peer Comparison — Trading
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| ADANIENT | 3.88 L Cr | 44.4 | 10.9% | 9.1% | 1.09 |
| PREMIERENE | 46,028 | 27.3 | 50.0% | 59.3% | 0.67 |
| AEGISLOG | 42,841 | 34.2 | 24.6% | 24.4% | 0.40 |
| REDINGTON | 27,307 | 16.1 | 18.4% | 14.8% | 0.26 |
| HONASA | 15,413 | 61.8 | 28.3% | 21.1% | 0.00 |
| 504346 | 11,409 | — | -24.9% | -47.5% | 0.73 |
| LLOYDSENT | 10,901 | 35.5 | 7.0% | 5.7% | 0.17 |
| SGMART | 10,525 | 84.6 | 11.2% | 7.8% | 0.14 |
| MMTC | 9,344 | 20.9 | 42.4% | 26.3% | 0.00 |
| EBGNG | 7,412 | 52.6 | 31.3% | 62.9% | 1.92 |
🔗 Peer Stock Analyses
⚠️ Risk Factors
1. Persistent negative ROE and ROCE (-58.3% and -56.9%) signal severe operational inefficiency and capital destruction. 2. Minimal revenue base and recurring losses with no signs of improvement indicate potential business model unsustainability. 3. Declining reserves and stagnant asset growth raise concerns about long-term financial resilience. 4. Lack of management guidance or strategic updates increases uncertainty around the company’s future direction.
📋 Recent Filings
-
🟡 Board Meeting 1 September 2026The board approved the 39th Annual General Meeting for September 24, 2026, and ratified the FY2026 director’s report. The meeting notice was also clea...
-
🟡 Board Meeting 28 August 2026The board of Newtrac Foods & Beverages Ltd announced a meeting scheduled for 01 September 2026 to discuss AGM notice, approval of the 2025-26 director...
🧠 Analyst's Read
Newtrac Foods & Beverages Ltd appears to be in a dormant or non-operational state, with no visible path to profitability or growth. Investors should monitor for any future strategic announcements or operational updates, but current indicators suggest limited upside and elevated execution risk.
Based on filing content and financial data. Not a recommendation.
Read the full analysis
Quarterly trends, balance sheet, cash flow, peer comparison, and AI insights — sign up free to unlock.
Sign Up Free — Unlock Full Analysis2 free AI queries per day.
Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-02.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
📡 Get AI alerts for your stocks — summarized by AI daily
Set up your AI Radar — pick stocks, get daily email summaries of new filings.
Set up AI Radar — FreeFree account · 2 AI queries/day
© 2026 StockFin.ai — AI-powered Indian stock research
About · Privacy Policy · Terms of Service · Pricing
Today's Announcements · Screener · Insights · AI Chat
Data provided by CMOTS Internet Technologies Pvt Ltd