Nilkamal Limited (NILKAMAL) AI Stock Analysis

• Market Cap: ₹22.90B
• Dividend Yield: 1.32%
• Average Volume (3M): 149.00
• Price to Earnings (P/E): 22.1
• Beta (1Y): 0.65
• Revenue Growth: 9.42%
• EPS Growth: -4.36%
• Country: IN
• Employees: 3,636
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 9.40
• Shares Outstanding: 14,922,525
• 10 Day Avg. Volume: 144
• 30 Day Avg. Volume: 149
• PEG Ratio: -1.72
• Price to Book (P/B): 1.59
• Price to Sales (P/S): 0.71
• P/FCF Ratio: -103.66
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 70 Outperform
• Price Target: ₹1,739.00 ▲(15.38% Upside)

Nilkamal Limited's overall stock score reflects its solid financial performance and stable valuation. The company's efficient operations and revenue growth are strong points, but the declining profitability margins and neutral technical indicators suggest caution. The absence of earnings call data and corporate events limits additional insights.

Nilkamal Limited Business Overview & Revenue Model

Company Description

Nilkamal Limited (NILKAMAL) is a leading Indian manufacturer and supplier of a diverse range of plastic products, primarily focusing on furniture and material handling solutions. Established in 1981, the company operates in sectors such as molded furniture, storage and warehousing solutions, and industrial products. Nilkamal is known for its innovative and eco-friendly plastic furniture, which includes chairs, tables, and storage solutions, catering to both residential and commercial markets. The company also provides customized storage solutions for industries, leveraging its expertise in plastic molding technology.

How the Company Makes Money

Nilkamal generates revenue through multiple key streams, primarily from the sale of its molded plastic furniture products and material handling solutions. The company's core revenue comes from its furniture division, which targets both retail consumers and businesses, including hospitality and education sectors. Additionally, Nilkamal earns income through its industrial products segment, offering durable storage and handling solutions to various industries. The company has established significant partnerships with retailers and distributors across India and internationally, enhancing its market reach. Furthermore, Nilkamal's emphasis on innovation and sustainability attracts a growing customer base, positively impacting its earnings.

Nilkamal Limited Financial Statement Overview

Summary

Nilkamal Limited shows solid revenue growth and efficient operations with a revenue increase of 3.64% and a Gross Profit Margin of 43.15%. However, the declining Net Profit Margin and negative Free Cash Flow indicate areas needing improvement.

Income Statement

Nilkamal Limited has demonstrated a solid performance in terms of revenue growth and profitability. The company's revenue increased from 31,963 million in 2024 to 33,127 million in 2025, indicating a growth rate of approximately 3.64%. The Gross Profit Margin stands at around 43.15% and Net Profit Margin at about 3.21% as of 2025, reflecting efficient cost management. However, the Net Profit Margin has decreased compared to the previous year, suggesting a need for improved profitability strategies.

Balance Sheet

The company maintains a stable financial position with a Debt-to-Equity Ratio of approximately 0.36, indicating manageable leverage. The Equity Ratio is around 58.45%, highlighting strong equity financing relative to total assets. Return on Equity (ROE) stands at about 7.16%, which, while positive, suggests room for improvement in generating higher returns for shareholders.

Cash Flow

Nilkamal's cash flow situation presents both strengths and challenges. The Operating Cash Flow to Net Income Ratio is about 2.33, indicating strong cash generation relative to net income. However, the Free Cash Flow to Net Income Ratio is negative due to capital expenditures surpassing operating cash flows, suggesting a need for better cash flow management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	34.53B	33.13B	31.96B	31.31B	27.18B	20.86B
Gross Profit	13.81B	14.29B	6.25B	12.46B	4.77B	4.25B
EBITDA	2.99B	2.82B	3.12B	3.23B	2.36B	2.72B
Net Income	1.03B	1.06B	1.22B	1.34B	833.50M	1.13B
Balance Sheet
Total Assets	0.00	25.44B	22.21B	20.75B	19.53B	17.24B
Cash, Cash Equivalents and Short-Term Investments	1.41B	1.41B	1.17B	269.66M	791.76M	1.06B
Total Debt	0.00	5.31B	4.06B	3.51B	3.54B	2.30B
Total Liabilities	-14.88B	10.56B	8.10B	7.60B	7.51B	5.83B
Stockholders Equity	14.88B	14.87B	14.10B	13.14B	12.02B	11.39B
Cash Flow
Free Cash Flow	0.00	-228.00M	942.83M	-58.35M	-950.34M	1.25B
Operating Cash Flow	0.00	2.47B	2.50B	1.90B	690.66M	2.03B
Investing Cash Flow	0.00	-2.25B	-1.60B	-1.65B	-888.83M	-1.21B
Financing Cash Flow	0.00	335.68M	-317.00M	-714.53M	595.86M	-706.01M

Nilkamal Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1507.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NILKAMAL, the sentiment is Negative. The current price of 1507.15 is below the 20-day moving average (MA) of 1551.81, below the 50-day MA of 1555.89, and below the 200-day MA of 1638.98, indicating a bearish trend. The MACD of -14.91 indicates Positive momentum. The RSI at 34.38 is Neutral, neither overbought nor oversold. The STOCH value of 8.62 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:NILKAMAL.

Nilkamal Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CARYSIL	―	₹25.83B	36.49	―	0.26%	13.19%	7.38%
NILKAMAL	―	₹22.90B	22.15	―	1.32%	9.42%	-4.36%
STOVEKRAFT	―	₹22.79B	55.87	―	0.38%	6.84%	19.27%
KCP	―	₹25.53B	13.97	―	0.12%	-9.99%	-6.27%
Sector *	―	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
EVEREADY	―	₹27.33B	32.06	―	0.39%	5.32%	16.91%
HIMATSEIDE	―	₹15.45B	21.33	―	0.20%	-6.74%	-45.59%

Nilkamal Limited Corporate Events

Nilkamal Limited Announces Cessation of Independent Director

Nilkamal Limited announced the cessation of Mr. K. Venkataramanan as an Independent Director, effective August 14, 2025, following the completion of his second term. The company expressed gratitude for his contributions, indicating a transition in its board composition, which may impact its governance and strategic direction.