Nilkamal share price & results
- Sept 2026
- Sept 2026
India's largest moulded-plastic furniture maker, also in material handling, storage, mattresses and home retail.
Price & Snapshot
Performance +34.3% 1Y
1Y: ₹1,526.6 on 7 Nov 2025 → ₹2,050.5. High ₹2,116.5 (4 Sept 2026), low ₹1,066.7 (30 Mar 2026).
- Previous close
- ₹2,070.5
- Market cap
- ₹3.1k Cr
- 52-week range
- ₹1,066.7 – ₹2,116.5
- One year
- +35.89%
- Price to earnings (TTM to Sept 2026)
- 18.10×
- Return on equity (TTM to Sept 2026)
- 10.30%
Reported
Key financial metrics & valuation ratios
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,106 | +16.7% YoY | Quarterly, as filed | Quarter to Sept 2026 | Revenue from operations as filed. |
| Operating margin | 12.0 | +3.0 pts YoY | Operating profit / revenue | Quarter to Sept 2026 | For the quarter; a change is in percentage points. |
| Net profit | 67.0 | +103.0% YoY | Quarterly, as filed | Quarter to Sept 2026 | Profit after tax as filed. |
| Return on equity | 10.30 | +0.8 pts | Trailing twelve months | TTM to Sept 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 4.24 | +4.8 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 7.61 | +10.4 pts | Trailing twelve months | TTM to Sept 2026 | Revenue change against the same period one year earlier. |
Business Mix
Where revenue comes from
2 operating segments · As of 30 Jun 2026
Live Summary
Overview
- Symbol
- NSE:NILKAMAL
- Sector
- Consumer Durables
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What Nilkamal Ltd does
Based on the company's own presentations, annual report and earnings calls.
Nilkamal manufactures moulded plastic furniture, industrial material-handling and storage products (crates, pallets, metal racking), rigid packaging and protective bubbleguard packaging, factory-made wood and metal institutional furniture (education, healthcare), sofas and office seating, and mattresses and foam for consumer and industrial use. The company also runs a retail business selling furniture and household items directly to consumers under its Nilkamalhomes arm. It operates through three named business divisions — Material Handling, Furniture, and Nilkamalhomes — and extends abroad through subsidiaries in Sri Lanka and the UAE plus a joint venture with US foodservice-equipment maker Cambro.
Segments
- Material Handling Division
- Furniture Division
- Nilkamalhomes Division
- Manufacturing footprint
- 11 plants across 8 Indian states/UTs — Barjora (WB), Bhiwandi (MH), Hosur (TN), Jammu (J&K), Kharadpada (DNH&DD), Noida (UP), Puducherry, Sinnar (MH), Vasona (DNH&DD), Gurugram (Haryana), Malpura (Haryana)
- Operating divisions
- 3 — Material Handling, Furniture, Nilkamalhomes
- Market position
- Market leader in moulded plastic furniture in India; one of the largest producers of moulded plastic furniture globally
- International subsidiaries
- Nilkamal Eswaran Plastics Pvt Ltd and Nilkamal Eswaran Marketing Pvt Ltd in Sri Lanka; Nilkamal Crates and Bins – FZE in UAE
- Joint venture
- Cambro Nilkamal Private Limited — JV with US foodservice-equipment maker Cambro
- Product range
- Material handling & storage, moulded and metal furniture, rigid and bubbleguard packaging, mattresses and foam, office seating, and furniture/household retail
Fundamentals
Valuation, return & balance-sheet ratios
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
Quarterly & annual financial statements
Net profit, year on year: +103% (quarter to sept 2026 against sept 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| 832 | 877 | 864 | 948 | 933 | 941 | 799 | 1,106 | |
| 774 | 795 | 810 | 867 | 851 | 851 | 728 | 974 | |
| 58 | 81 | 54 | 81 | 82 | 90 | 71 | 132 | |
| 7.0% | 9.0% | 6.0% | 9.0% | 9.0% | 10.0% | 9.0% | 12.0% | |
| 3 | 7 | 3 | 7 | -7 | 9 | 8 | 7 | |
| 11 | 11 | 11 | 11 | 11 | 11 | 10 | 10 | |
| 30 | 31 | 33 | 35 | 36 | 37 | 38 | 40 | |
| 19 | 46 | 13 | 43 | 27 | 52 | 31 | 89 | |
| 25.0% | 24.0% | 25.0% | 24.0% | 21.0% | 20.0% | 26.0% | 25.0% | |
| 15 | 35 | 10 | 33 | 22 | 41 | 23 | 67 | |
| 9.76 | 23.29 | 6.43 | 22.03 | 14.43 | 27.55 | 15.65 | 44.58 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3,131 | 3,149 | 3,240 | 3,686 | |
| 2,823 | 2,867 | 2,972 | 3,379 | |
| 308 | 281 | 267 | 307 | |
| 19 | 20 | 15 | 12 | |
| 36 | 37 | 41 | 44 | |
| 113 | 114 | 119 | 141 | |
| 176 | 147 | 121 | 135 | |
| 134 | 112 | 92 | 106 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 | Sept 2026 |
|---|---|---|---|---|---|---|
| 15 | 15 | 15 | 15 | 15 | 15 | |
| 1,237 | 1,315 | 1,376 | 1,492 | 1,451 | 1,513 | |
| 351 | 406 | 531 | 539 | 418 | 434 | |
| 399 | 394 | 512 | 505 | 507 | 551 | |
| 2,002 | 2,130 | 2,434 | 2,552 | 2,391 | 2,513 | |
| 777 | 769 | 931 | 978 | 1,025 | 1,053 | |
| 22 | 38 | 75 | 56 | 22 | 17 | |
| 4 | 34 | 4 | 51 | 25 | 6 | |
| 1,199 | 1,289 | 1,424 | 1,466 | 1,320 | 1,437 | |
| 2,002 | 2,130 | 2,434 | 2,552 | 2,391 | 2,513 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 188 | 65 | 194 | 243 | 242 | 304 | |
| -113 | -88 | -174 | -158 | -231 | -143 | |
| -73 | 60 | -72 | -32 | 34 | -212 | |
| 1 | 36 | -51 | 53 | 45 | -52 | |
| 114 | -90 | 14 | 108 | -32 | 160 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 50 | 42 | 50 | 53 | 51 | 45 | |
| 157 | 147 | 126 | 117 | 133 | 110 | |
| 60 | 48 | 43 | 42 | 58 | 47 | |
| 147 | 142 | 133 | 128 | 126 | 108 | |
| 97 | 90 | 91 | 78 | 71 | 63 | |
| 14.0% | 10.0% | 13.0% | 11.0% | 9.0% | 10.0% | |
| 22.0% | 27.0% | 24.0% | 28.0% | 33.0% | 28.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Business to Business contributes 87.4% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Business to Business 87.4%
₹716.04 crore
- Retail and Ecommerce 12.6%
₹103.69 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Business to Business | 716.04 | 87.4% |
| Retail and Ecommerce | 103.69 | 12.6% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹819.73 crore
- Intersegment adjustment
- Not reported
- Net segment revenue
- ₹819.73 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Each segment’s share of reported revenue, quarter by quarter.
| Segment | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Business to Business | — | 89% | 91% | 90% | 89% | — | 90% | 87% | -9.5% |
| Retail and Ecommerce | — | 11% | 9% | 10% | 11% | 11% | 10% | 13% | +13.0% |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Reverse DCF: growth rate implied by today's share price
Growth trapTo justify its price of ₹2050, this stock must grow earnings at 13% every year for 7 years. Our analysis caps realistic growth at ~-8%. At that growth it is worth ₹656 — downside of 68%.
- Growth the price implies
- 13.2% a year
- for 7 years, fading to 4%
- It has actually compounded at
- -7.5% a year
- net profit, FY23–FY26 · EPS -7.8%
- The gap
- 0.2 pp
- -68% downside if it only repeats history
Multiples & returns vs own history
Ownership
Who owns it — shareholding pattern
Promoters hold 64.54% as of Sept 2026; institutions cut 4.95 pts since Jun 2026.
- Promoters 64.54%
- Foreign institutions 1.02%
- Domestic institutions 7.90%
- Public 26.53%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 5.54% held
The same filing shows 0 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Nilkamal Ltd above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 14.76% | unchanged | |
| 12.07% | unchanged | |
| 10.16% | unchanged | |
| 9.81% | unchanged | |
| Mutual fund | 7.90% | unchanged |
| 6.11% | unchanged | |
| 5.54% | newly disclosed | |
| 2.92% | unchanged | |
| 2.63% | unchanged | |
| 1.55% | unchanged | |
| 0.89% | unchanged | |
| 0.88% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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Quick Answers
Frequently asked questions on Nilkamal Ltd
Compiled directly from NILKAMAL's filed financial statements, earnings call transcripts, and ownership disclosures.
How did Nilkamal Ltd (NILKAMAL) perform in its latest reported quarter (Sept 2026)?
For the quarter ended Sept 2026, Nilkamal Ltd reported revenue of ₹1.1k Cr, net profit of ₹67 Cr, an operating margin of 12.0%. Diluted earnings per share stood at ₹44.58.
How is Nilkamal Ltd (NILKAMAL) valued today, and what growth does the stock price imply?
Nilkamal Ltd (NILKAMAL) trades at ₹2,050.5, with a market capitalization of ₹3.1k Cr. Reverse-DCF analysis shows the current stock price implies 13.2% annual earnings growth over the next 7 years compared with its historical net-profit CAGR of -7.5%.
Who owns Nilkamal Ltd (NILKAMAL) — promoters, FIIs, DIIs, and mutual funds?
As of Sept 2026, Promoters hold 64.5%, FIIs hold 1.0%, DIIs hold 7.9%, Public shareholders hold 26.5%.
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