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    Nilkamal Ltd

    India's largest moulded-plastic furniture maker, also in material handling, storage, mattresses and home retail.

    Consumer Durables
    Consumer Discretionary
    ₹1,290.9
    +0.44% from avg

    Overview

    Price

    ₹1,290.9

    Market Cap

    ₹2.9k Cr

    Sector

    Consumer Durables

    Consumer Discretionary

    Rank

    2

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1515151515151515
    Reserves1.0k1.1k1.2k1.3k1.4k1.5k1.5k1.6k
    Borrowings66230354351406531539418
    Other Liabilities452354397410405527505522
    Total Liabilities1.6k1.7k2.0k2.1k2.2k2.5k2.6k2.5k
    AssetsFixed Assets5926346957827759369781.0k
    CWIP2718262238755622
    Investments3435353271475174
    Other Assets8981.0k1.2k1.2k1.3k1.5k1.5k1.4k
    Total Assets1.6k1.7k2.0k2.1k2.2k2.5k2.6k2.5k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating17525220369190250247306
    Cash from Investing-107-147-120-94-164-156-224-156
    Cash from Financing-73-100-7160-71-3234-213
    SummaryCapital Expenditure
    Free Cash Flow63160129-8710113-20159
    FCF Margin

    Valuation

    Assumptions

    Current — NILKAMAL
    Price
    ₹1,291
    EPS (TTM)
    ₹77.46
    PE (TTM)
    16.7
    Profit growth
    -4.7%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (24.4×) and current (16.7×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹1,291
    vs
    Fair value · 15% return
    ₹415
    68%Overvalued

    At -4.7% growth and a 17× exit, ₹1291 only delivers your return if you pay ₹415. The price is currently baking in 17% growth.

    EPS grows -4.7%/yr for 5 years, then fades to 6% over 2, exits at 17×.

    YearGrowthEPS (₹)
    FY27-4.7%73.82
    FY28-4.7%70.35
    FY29-4.7%67.04
    FY30-4.7%63.89
    FY31-4.7%60.89
    FY320.6% ·fade61.29
    FY336.0% ·fade64.96

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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