MarketFriction

Nilkamal Ltd

NSE NILKAMAL · BSE 523385 · Plastic Products - Consumer
₹1,871.80 -1.57%
NSE close2026-10-01
52 week range1,050.50 - 2,149.50
Market cap₹2,833 Cr.
P/E21.0
Price band 20% Delivery 52.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales776803834743822854894883968962965820
Expenses714731753686744791809825882872869745
Operating Profit627381567763855885909675
OPM %8%9%10%8%9%7%10%7%9%9%10%9%
Other Income944656365-967
Interest910991011111111111110
Depreciation292929293030313435373738
Profit before tax323848244328462045335434
Tax %22%23%26%23%24%23%26%22%25%23%23%27%
Net Profit252936183322341534254224
EPS in Rs16.7619.6323.8012.2521.8014.4022.8710.2122.5016.9327.8216.30
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,9262,0242,1242,3622,2572,0922,7303,1313,1963,3133,7783,715
Expenses1,6911,7891,8822,1461,9731,8362,5062,8192,9033,0273,4463,369
Operating Profit235235242216284256224312294286332345
OPM %12%12%11%9%13%12%8%10%9%9%9%9%
Other Income881020211818192318910
Interest211416182926314040434743
Depreciation555150529497101113115120142147
Profit before tax168178187166182150109177161141152166
Tax %31%30%34%29%22%25%24%24%24%24%23%
Net Profit11612412411814211383134122107116125
EPS in Rs76.4382.1182.7478.6395.2175.6855.8689.7681.9271.3277.4583.55
Dividend Payout %9%13%16%17%16%20%27%22%24%28%26%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth7%13%6%8%
Compounded Profit Growth1%2%-2%30%
Stock Price CAGR4%-8%-6%23%
Return on Equity10%8%8%8%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital151515151515151515151515
Reserves5106137278349261,0171,1241,1871,2991,3951,4721,562
Borrowings20910583935966230354351406531418
Other Liabilities235265268306294452354397410405527522
Total Liabilities9699981,0931,2481,2941,5511,7241,9532,0752,2212,5442,518
Fixed Assets3062732713443995926346957827759361,031
CWIP153291427182622387522
Investments54442475134353532714774
Other Assets6576777498498308981,0361,1971,2391,3381,4871,391
Total Assets9699981,0931,2481,2941,5511,7241,9532,0752,2212,5442,518
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity16718311212117525220369190250247306
Cash from Investing Activity-15-42-73-96-107-147-120-94-164-156-224-156
Cash from Financing Activity-151-142-38-20-73-100-7160-71-3234-213
Net Cash Flow1-204-451334-456257-63
Free Cash Flow151143332263160129-8710113-20159
CFO/OP120%100%72%73%102%106%93%42%74%95%98%105%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days485154584853544251535145
Inventory Days89100105116103119154145127118133110
Days Payable293735523545604944435846
Cash Conversion Cycle107114125122116127148139134128127109
Working Capital Days4859737984891008892797264
ROCE %14%26%24%23%19%19%14%9%13%11%10%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters64.54%64.54%64.54%64.54%64.54%64.54%64.54%64.54%64.54%64.54%64.54%64.54%
FIIs1.16%1.16%1.14%1.08%1.10%1.08%1.01%1.00%1.02%1.00%0.98%0.97%
DIIs20.22%20.01%19.13%17.69%14.31%14.41%14.41%14.38%14.34%14.21%13.72%12.90%
Public14.08%14.31%15.20%16.70%20.05%19.97%20.05%20.09%20.10%20.25%20.76%21.59%
No. of Shareholders17,44817,24118,03619,66822,61521,99121,91621,70122,40021,11320,84521,248

Fundamentals

Market Cap₹ 2,833 Cr.
Current Price₹ 1,899
Stock P/E21.0
Book Value₹ 1,057
ROCE10.6 %
ROE8.22 %
Dividend Yield1.05 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)8%
Compounded Profit Growth (TTM)30%
Consolidated figures.
Valuation
Market capRs 2,793 Cr
Enterprise valueRs 3,128 Cr
P/E (TTM)22.40x
Price to book1.77x
Price to sales0.75x
EV / EBITDA8.80x
EV / EBIT15.02x
EV / sales0.84x
Price to cash flow9.14x
Earnings yield4.46%
Dividend yield1.07%
P/E, 3-year average18.72x
P/B, 3-year average1.45x
P/E, 5-year average22.41x
P/B, 5-year average1.77x
Profitability
Operating margin (excl. other income)8.78%
Operating margin (incl. other income)9.02%
EBITDA margin9.57%
Pre-tax margin4.46%
Net profit margin3.36%
Net margin, latest quarter2.97%
ROE7.54%
ROCE9.90%
ROA4.57%
ROE, 3-year average7.96%
ROCE, 3-year average10.35%
ROA, 3-year average4.91%
ROE, 5-year average8.33%
ROCE, 5-year average10.82%
ROA, 5-year average5.18%
ROIC (approx.)8.34%
Tax rate23.41%
Other income / net worth0.57%
Growth
Sales growth (latest year)14.05%
Profit growth (latest year)8.60%
Sales CAGR, 3 years6.46%
Sales CAGR, 5 years12.55%
Profit CAGR, 3 years-4.80%
Profit CAGR, 5 years0.47%
Sales growth QoQ-15.07%
Profit growth QoQ-41.43%
Sales growth YoY (latest quarter)-7.18%
Profit growth YoY (latest quarter)59.58%
Per share
EPS (TTM)Rs 83.54
EPS (latest year)Rs 77.45
EPS (latest quarter)Rs 16.30
EPS, 3-year averageRs 76.90
EPS, 5-year averageRs 75.26
Book value per shareRs 1,057.05
Sales per shareRs 2,489.29
Cash flow per shareRs 204.76
Free cash flow per shareRs 106.55
Dividend per share (latest year)Rs 20.00
Dividend per share, 3-year averageRs 20.00
Dividend per share, 5-year averageRs 19.00
Dividends
Dividend payout25.82%
Dividend payout, 3-year average26.09%
Dividend payout, 5-year average25.48%
Efficiency
Asset turnover1.50x
Fixed asset turnover3.67x
Inventory turnover4.39x
Inventory days83 days
Debtor days45 days
Debtors turnover8.08x
Creditor days46 days
Cash conversion cycle109 days
Working capital days64 days
Leverage
Total debtRs 418 Cr
Cash and bankRs 83 Cr
Net debtRs 335 Cr
Debt to equity0.27x
Net debt / EBITDA0.94x
Interest coverage4.87x
Current ratio (filing 2026-03-31)2.33x
Quick ratio (filing 2026-03-31)1.21x
Trade payables (filing 2026-03-31)Rs 272 Cr
Owners' fund to total sources62.65%
Debt to assets16.61%
Cash flow
Cash from Operating Activity (latest year)Rs 306 Cr
Cash from Investing Activity (latest year)Rs -156 Cr
Cash from Financing Activity (latest year)Rs -213 Cr
Net Cash Flow (latest year)Rs -63 Cr
Free cash flow (latest year)Rs 159 Cr
FCFE (approx.: FCF + change in debt)Rs 47 Cr
Cash from ops / profit, 5 years1.89x
Sales to cash flow12.36x
Statement figures
Net sales (TTM)Rs 3,715 Cr
Net sales (latest year)Rs 3,778 Cr
Sales (latest quarter)Rs 820 Cr
Operating profit excl. other income (latest year)Rs 332 Cr
Operating profit (latest quarter)Rs 75 Cr
Other income (TTM)Rs 10 Cr
EBITDA (TTM)Rs 355 Cr
PBDT (TTM)Rs 313 Cr
Profit before tax (TTM)Rs 166 Cr
Tax (latest year)Rs 35 Cr
Net profit (TTM)Rs 125 Cr
Net profit (latest year)Rs 116 Cr
Net profit (latest quarter)Rs 24 Cr
Depreciation (TTM)Rs 147 Cr
Depreciation (latest quarter)Rs 38 Cr
Interest (TTM)Rs 43 Cr
Cost of goods sold (latest year)Rs 2,834 Cr
Total expenditure (latest year)Rs 3,446 Cr
Total income (latest year)Rs 3,787 Cr
Share capitalRs 15 Cr
ReservesRs 1,562 Cr
Shareholders' fundsRs 1,577 Cr
Total assetsRs 2,518 Cr
Net blockRs 1,031 Cr
Capital work in progressRs 22 Cr
InvestmentsRs 74 Cr
ReceivablesRs 467 Cr
InventoryRs 645 Cr
Other liabilitiesRs 522 Cr
Shares outstanding (crore)1.49
Ownership
Promoter holding64.54% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 22.4 is at the 55th percentile of its own 9.4-year range (median 21.8, low 11.9, high 40.2).
P/B 1.77 is at the 19th percentile (median 2.25).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodNILKAMALNifty 50Difference
1 week-0.6%-2.8% +2.1 pts
1 month-8.0%-6.8% -1.2 pts
3 months+45.5%-7.6% +53.2 pts
6 months+75.5%+0.4% +75.1 pts
1 year+20.4%-9.9% +30.4 pts
2 years-2.7%-13.6% +10.9 pts
3 years-17.5%+14.2% -31.7 pts
5 years-32.0%+27.9% -59.9 pts
6 mutual fund schemes hold about ₹236 Cr. Over three months 0 bought more and 4 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
DSP Small Cap Fund1.09%236 -1%
HDFC Retirement Fund-Equity Plan0.00%0 -100%
HDFC Retirement Fund-Hybrid-Equity Plan0.00%0 -100%
Kotak Small Cap Fund0.00%0 -100%
HDFC Multi Cap Fund0.00%0 -100%
Motilal Oswal BSE 1000 Index Fund0.01%0

Red flags

F-score 8 of 8
lookRegulator order or action Regulator order or action 2026-09-10: Nilkamal Limited has informed the Exchange about Action(s) taken or orders passed
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2026-09-21Seetha KumariAcquirersell809,224SAST Others
2026-09-21Madanlal JainAcquirerbuy809,224SAST Others
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹820 Cr -7.1% vs Jun 2025. Net profit ₹24 Cr +60.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-10Dividend - Rs 20 Per Share
2025-07-11Dividend - Rs 20 Per Share
2024-07-12Annual General Meeting/Dividend - Rs 20 Per Share
2023-06-30Annual General Meeting/Dividend - Rs 20 Per Share
2022-07-07Annual General Meeting/Dividend - Rs 15 Per Share
2021-07-27 Annual General Meeting/Dividend - Rs 10 Per Share
2021-02-16 Interim Dividend - Rs 5 Per Share
2020-03-19 Interim Dividend - Rs 10 Per Share
2019-11-20 Interim Dividend- Rs 5 Per Share
2019-06-20 Annual General Meeting/Dividend - Rs 9 Per Share
2018-11-05 Interim Dividend - Rs 4 Per Share
2018-06-21 Annual General Meeting/Dividend-Rs 9 Per Share
2017-11-16 Interim Dividend - Rs 4/- Per Share (Purpose Revised)
2017-07-31 Annual General Meeting/Dividend - Rs 7/- Per Share
2016-11-10 Interim Dividend - Rs 4/- Per Share (Purpose Revised)
2016-03-21 Interim Dividend - Rs 4.50/- Per Share (Purpose Revised)
2015-11-19 Interim Dividend - Rs 2.50/- Per Share
2015-07-27Annual General Meeting/ Dividend - Rs 4.50 Per Share
2014-08-27Annual General Meeting / Final Dividend - Rs 4/- Per Share
2013-07-04Annual General Meeting/Dividend Rs 4/- Per Equity Share
2012-07-26Annual General Meeting And Dividend Rs.4/- Per Share
2011-07-21Dividend-Rs.4/- Per Share
2010-07-22Final Dividend-Rs.3/- Per Share
2010-02-04Int Div-Rs.2/- Per Share
2009-08-04Agm/Div-Rs.2/- Per Share
2008-07-31Agm/Dividend - 30%
2008-02-01Interim Dividend - 35% Purpose Revised
2007-08-09Agm/Dividend-Rs.3 Per Sh
2006-09-15Agm/Fin Div-Rs3.00 Per Sh
DateTypeWhat it says
2026-09-10Regulatory actionAction(s) taken or orders passed
2026-08-20Volume querySignificant increase in volume has been observed in Nilkamal Limited. The Exchange, in order to ensure that investors have latest relevant information...
2026-08-19Volume querySignificant increase in volume has been observed in Nilkamal Limited. The Exchange, in order to ensure that investors have latest relevant information...
2026-08-01Press ReleaseA press release dated August 01, 2026, titled " Press Release on Q1 FY26 Results".
2026-08-01Board meeting outcomeNilkamal Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-17General UpdatesChairman Statement made at the 40th Annual General Meeting of the Company, held on Friday, July 17, 2026.
2026-07-17General UpdatesSummary of Proceeding and Voting Results of the 40th Annual General Meeting of the Company.
2026-07-17Shareholder meetingProceedings of Annual General Meeting held on July 17, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along with v...
2026-07-17Credit RatingCredit Rating
2026-07-09General UpdatesCertificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026.
2026-06-26General UpdatesIntimation of Closure of Trading Window.
2026-06-23General UpdatesNewspaper Advertisement for 40th Annual General Meeting to be held on July 17, 2026.
2026-06-19General UpdatesNewspaper Advertisement for 40th Annual General Meeting to be held on July 17, 2026.
2026-06-11General UpdatesNewspaper advertisement regarding Special Window for Re-lodgement of Transfer Requests of Physical Shares
2026-05-15General UpdatesRecord date for the payment of Final dividend for the Financial Year 2025-26.
2026-05-14Shareholder meetingNotice of Annual General Meeting to be held on July 17, 2026
2026-05-14Press ReleaseA press release dated May 14, 2026, titled "Press Release on FY26 Results".
2026-05-14Record DateRecord date for the purpose of Dividend is 10-Jul-2026.
2026-05-14DividendBoard of Directors at its meeting held on May 14, 2026, recommended Final Dividend of Rs. 20 per equity share.
2026-05-14Board meeting outcomeNilkamal Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-13CessationCessation of Mr Murtaza Taherbhai Manglorwala as Associate Vice President - Category Management, Furniture Division of the company w.e.f. Jun 15, 2026...
2026-05-06Disclosure under SEBI TakeovHiten V. Parekh has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial A...
2026-04-06UpdatesCertificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026..
2026-04-04General UpdatesNewspaper advertisement regarding Second 100 Days Campaign Saksham Niveshak .
2026-04-03General UpdatesNewspaper advertisement regarding Special Window for Re-lodgement of Transfer Requests of Physical Shares.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2020-10-16NCLATNilkamal Ltd VS Wholly Joy Products Pvt Ltd
2020-09-16NCLATNilkamal Ltd VS Wholly Joy Products Pvt Ltd
2020-05-19NCLATRajnishpal Singh Dhaliwal VS Nilkamal Ltd. & Ors.
2018-01-01CESTATNILKAMAL LIMITED ---VS.--- RAIPUR
2017-09-12CESTATNILKAMAL LIMITED ---VS.--- RAIPUR
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Close to Close price movement greater than 50perc in previous 3 months

Quick answers

What is the market cap of Nilkamal Ltd?

Nilkamal Ltd (NILKAMAL) has a market capitalisation of Rs 2,833 Cr. at the 2026-10-01 close.

What is the P/E ratio of Nilkamal Ltd?

Nilkamal Ltd trades at a P/E of 21.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Nilkamal Ltd's latest quarterly results?

In the Jun 2026 quarter, Nilkamal Ltd sales was Rs 820 Cr (-7.1% vs Jun 2025) and net profit was Rs 24 Cr.

What is the 52-week high and low of Nilkamal Ltd?

The 52-week high is Rs 2,149.50 and the 52-week low is Rs 1,050.50.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03