Nilkamal Limited

NSE: NILKAMAL · Plastic Products - Consumer · sector

₹1,637.50NSE close 2026-10-26

Key numbers

Market cap₹2,444 cr

Price₹1,637.50

52w high / low₹2,150 / ₹1,050

P/E19.6xSector median 22.9x

P/B1.6xSector median 2.0x

Book value₹1,057.0

Dividend yield1.22%Sector median 0.29%

ROE8.1%Sector median 8.1%

ROCE10.8%Sector median 10.8%

OPM8.9%Sector median 8.9%

Debt / equity0.16xSector median 0.20x

EV/EBITDA7.9xSector median 16.9x

Interest cover4.6x

Current ratio2.33x

Sales growth 3y+6.5%Sector median +5.8%

Profit growth 3y-4.8%Sector median +12.1%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 11 companies in Plastic Products - Consumer (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹105 cr vs borrowings ₹256 cr (FY26): borrowings are higher by ₹150 cr.
Operating profit covered interest 4.6x in the last 12 months.
No promoter shares are pledged.
Operating cash flow was below net profit in 1 of the last 5 years (FY22).
Revenue was higher than a year earlier in 3 of the last 4 quarters.
Other income was 12% of net profit in the last 12 months.
Dividend paid in 5 of the last 5 financial years.
Price ₹1,637.50 on 2026-10-26: -23.8% from the 52-week high, +55.9% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹2,096.80 · low ₹1,126.90

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	822	854	894	883	968	962	965	820
EBITDA	77	63	85	58	85	74	96	75
OPM %	9.4%	7.4%	9.5%	6.6%	8.8%	7.7%	9.9%	9.1%
Other income	3	3	2	4	3	4	4	4
Net profit	33	21	34	15	34	25	42	24
EPS (₹)	21.80	14.40	22.87	10.21	22.49	16.93	27.82	16.29
Revenue YoY					+17.8%	+12.6%	+8.0%	-7.2%
Profit YoY					+3.2%	+17.6%	+21.7%	+59.6%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	2,730	3,131	3,196	3,313	3,778	3,715
EBITDA	221	308	290	282	313	330
Net profit	83	134	122	106	116	125
EPS (₹)	55.86	89.76	81.92	71.32	77.45	83.53
Revenue growth		+14.7%	+2.1%	+3.6%	+14.0%	+7.6%
Profit growth		+60.7%	-8.7%	-12.9%	+8.6%	+20.6%
Dividend / share (₹)	10.00	15.00	20.00	20.00	20.00

Compounded growth	3 years	5 years	Last 12 months
Sales	+6.5%	+12.5%	+7.6%
Net profit	-4.8%	+0.5%	+20.6%
EPS	-4.8%	+0.5%	–
Share price	–	-3.6% (2y)	+11.1%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	1,314	1,410	1,487	1,577
Borrowings	–	189	247	373	256
Cash & equivalents	–	29	117	141	105
Total assets	–	2,075	2,221	2,544	2,518
Fixed assets	–	775	767	930	1,023
Capital work in progress	–	22	38	75	19
Investments	–	1	2	2	4
Receivables	–	433	464	462	467
Inventory	–	656	596	689	645
Payables	–	226	215	297	272

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	69	190	250	247	306
Cash from investing	-89	-165	-160	-225	-160
Cash from financing	60	-71	-32	34	-213
Capex	164	196	156	270	153
Free cash flow	-95	-6	94	-23	153

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	10.2%	8.7%	7.2%	7.3%
ROCE %	–	13.7%	11.4%	9.4%	10.1%
Debtor days	–	51	53	51	45
Inventory days	–	127	118	133	110
Payable days	–	44	43	58	46
Cash conversion cycle (days)	–	134	128	126	109
Working capital days	–	95	93	88	74

Shareholding

Holder	% (2026-09-30)
Promoters	64.54%
FIIs	1.02%
DIIs	7.90%
of which Mutual funds	7.90%
Public (non-institutions)	26.54%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	64.54%	64.54%	64.54%	64.54%	64.54%	64.54%	64.54%	64.54%

Promoter group	%
Nayan Sharad Parekh	14.76%
Hiten Vamanrai Parekh	12.07%
Manish Vamanrai Parekh	10.16%
Nilkamal Builders Private Limited	9.81%
Heirloom Finance Private Limited	6.11%
Purvi Nayan Parekh	2.92%
Manju Manish Parekh	2.63%
Mihir Hiten Parekh	1.55%
Late Vamanrai Vrajlal Parekh	0.89%
Dhanay Nayan Parekh	0.88%
Eashan Manish Parekh	0.88%
Sharad Vrajlal Parekh	0.81%
Dhaniti Nayan Parekh	0.34%
Priyanka Hemit Gandhi	0.34%
Natasha Manish Parekh	0.34%

Public holders above 1%	%
DSP Small CAP Fund	7.90%
Madanlal Jawanmalji Jain	5.54%

22,220 shareholders. Pledged: 0.00% of promoter shares.

Peers in Plastic Products - Consumer

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
SHAILY	₹13,731 cr	77.6x	19.2x	28.0%	27.9%	28.7%	+17.7%	0.06%
SAFARI	₹6,017 cr	36.4x	5.4x	15.9%	19.8%	12.7%	+19.1%	0.29%
VIPIND	₹3,710 cr	–	12.8x	-83.6%	-43.7%	-10.7%	-3.7%	0.01%
NILKAMAL	₹2,444 cr	19.6x	1.6x	8.1%	10.8%	8.9%	+6.5%	1.22%
BAIKAKAJI	₹605 cr	18.0x	3.9x	17.5%	28.4%	14.3%	–	–
PILITA	₹165 cr	78.1x	2.0x	2.8%	4.6%	6.2%	+8.3%	–
PRIMAPLA	₹124 cr	6.3x	0.7x	9.4%	13.2%	17.8%	+4.8%	8.68%
AVROIND	₹75 cr	17.8x	0.8x	4.9%	6.7%	2.2%	+5.8%	–
TOKYOPLAST	₹69 cr	197.0x	1.1x	0.6%	3.2%	8.1%	+1.6%	–
ATHARVA	₹51 cr	22.9x	7.1x	89.5%	132.9%	17.9%	–	–

All 11 companies in Plastic Products - Consumer →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Business to Business	₹3,370 cr	89.2%	₹219 cr	6.5%
Retail and Ecommerce	₹408 cr	10.8%	₹-18 cr	-4.3%

Dividends & corporate actions

Ex-date	Action	Detail
2026-07-10	Dividend	Dividend - Rs 20 Per Share
2025-07-11	Dividend	Dividend - Rs 20 Per Share
2024-07-12	Dividend	Annual General Meeting/Dividend - Rs 20 Per Share
2023-06-30	Dividend	Annual General Meeting/Dividend - Rs 20 Per Share
2022-07-07	Dividend	Annual General Meeting/Dividend - Rs 15 Per Share
2021-07-27	Dividend	Annual General Meeting/Dividend - Rs 10 Per Share
2021-02-16	Dividend	Interim Dividend - Rs 5 Per Share
2020-03-19	Dividend	Interim Dividend - Rs 10 Per Share
2019-11-20	Dividend	Interim Dividend- Rs 5 Per Share
2019-06-20	Dividend	Annual General Meeting/Dividend - Rs 9 Per Share
2018-11-05	Dividend	Interim Dividend - Rs 4 Per Share
2018-06-21	Dividend	Annual General Meeting/Dividend-Rs 9 Per Share
2017-11-16	Dividend	Interim Dividend - Rs 4/- Per Share (Purpose Revised)
2017-07-31	Dividend	Annual General Meeting/Dividend - Rs 7/- Per Share
2016-11-10	Dividend	Interim Dividend - Rs 4/- Per Share (Purpose Revised)
2016-03-21	Dividend	Interim Dividend - Rs 4.50/- Per Share (Purpose Revised)
2015-11-19	Dividend	Interim Dividend - Rs 2.50/- Per Share
2015-07-27	Dividend	Annual General Meeting/ Dividend - Rs 4.50 Per Share
2014-08-27	Dividend	Annual General Meeting / Final Dividend - Rs 4/- Per Share
2013-07-04	Dividend	Annual General Meeting/Dividend Rs 4/- Per Equity Share

Documents

Links go to the original files on the exchange website.

About the company

Manufacturing: Manufacturing of Plastics and other products
Retail Trade: Ready Furniture, Furnishings and Accessories and E-commerce


Sector	Consumer Discretionary
Industry	Plastic Products - Consumer
Sub-industry	Plastic Products - Consumer
Symbol	NILKAMAL
BSE code	523385
ISIN	INE310A01015
Face value	₹10.0
Incorporated	1985-12-05
Website	www.nilkamal.com
Plants (India / abroad)	12 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.