Want to see IN:NILKAMAL full AI Analyst Report?
Top Page
Nilkamal Limited
(NILKAMAL)
Select Model
Select Model
Rating:67Neutral
Price Target:
₹2,203.00
▲(31.32% Upside)
Action:Downgraded
Date:08/20/26
The score is driven primarily by solid but not exceptional financial performance—steady growth and reasonable balance-sheet strength are offset by inconsistent free cash flow. Technicals add support due to a clear uptrend and positive momentum, while valuation is a modest headwind given the mid-20s P/E and low dividend yield.
Positive Factors
Steady Revenue Growth
Consistent revenue expansion indicates a stable demand base across Nilkamal’s markets. Although growth is moderate rather than high, its persistence supports operating continuity and provides a foundation for gradual earnings improvement.
Negative Factors
Volatile Free Cash Flow
Uneven free-cash-flow generation limits confidence in earnings quality and internal funding capacity. Working-capital swings or inconsistent capital spending may continue to create periods where accounting profits do not translate into durable cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady Revenue Growth
Consistent revenue expansion indicates a stable demand base across Nilkamal’s markets. Although growth is moderate rather than high, its persistence supports operating continuity and provides a foundation for gradual earnings improvement.
Read all positive factors
Nilkamal Limited (NILKAMAL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹28.17B
Dividend Yield1.05%
Average Volume (3M)6.74K
Price to Earnings (P/E)22.8
Beta (1Y)0.61
Revenue Growth7.57%
EPS Growth20.58%
CountryIN
Employees3,524
SectorGeneral
Sector StrengthN/A
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)83.53
Shares Outstanding14,922,525
10 Day Avg. Volume1,724
30 Day Avg. Volume6,735
Financial Highlights & Ratios
PEG Ratio1.60
Price to Book (P/B)1.01
Price to Sales (P/S)0.42
P/FCF Ratio10.64
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)133.6
Revenue Forecast (FY)₹41.80B
Nilkamal Limited Business Overview & Revenue Model
Company Description
Established in 1934 and based in Mumbai, India, Nilkamal Limited, along with its subsidiaries, is a leading manufacturer and seller of diverse plastic goods, primarily operating within India. The company organizes its business into two key divisio...
How the Company Makes Money
Nilkamal makes money mainly by manufacturing and selling products across two broad lines: (1) plastic/moulded products and (2) furniture. A large share of its revenue is generated from the sale of material handling and storage solutions—such as pl...
Nilkamal Limited Financial Statement Overview
Summary
Income Statement
67
Positive
Balance Sheet
74
Positive
Cash Flow
56
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 37.15B | 37.78B | 33.13B | 31.96B | 31.31B | 27.18B |
| Gross Profit | 12.88B | 11.88B | 14.29B | 6.25B | 12.46B | 4.77B |
| EBITDA | 3.39B | 3.29B | 2.82B | 3.12B | 3.23B | 2.36B |
| Net Income | 1.25B | 1.16B | 1.06B | 1.22B | 1.34B | 833.50M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 25.18B | 25.44B | 22.21B | 20.75B | 19.53B |
| Cash, Cash Equivalents and Short-Term Investments | 1.05B | 1.05B | 1.41B | 1.17B | 269.66M | 791.76M |
| Total Debt | 0.00 | 4.18B | 5.31B | 4.06B | 3.51B | 3.54B |
| Total Liabilities | -15.79B | 9.39B | 10.56B | 8.10B | 7.60B | 7.51B |
| Stockholders Equity | 15.79B | 15.77B | 14.87B | 14.10B | 13.14B | 12.02B |
Cash Flow | ||||||
| Free Cash Flow | -415.50M | 1.50B | -228.00M | 942.83M | -58.35M | -950.34M |
| Operating Cash Flow | 337.44M | 3.02B | 2.47B | 2.50B | 1.90B | 690.66M |
| Investing Cash Flow | -726.25M | -1.70B | -2.25B | -1.60B | -1.65B | -888.83M |
| Financing Cash Flow | -461.97M | -1.99B | 335.68M | -317.00M | -714.53M | 595.86M |
Nilkamal Limited Technical Analysis
Positive
1677.55
Price Trends
1914.25
Negative
1597.14
Positive
1460.97
Positive
Market Momentum
-11.61
Positive
46.01
Neutral
51.31
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NILKAMAL, the sentiment is Positive. The current price of 1677.55 is below the 20-day moving average (MA) of 1975.80, below the 50-day MA of 1914.25, and above the 200-day MA of 1460.97, indicating a neutral trend. The MACD of -11.61 indicates Positive momentum. The RSI at 46.01 is Neutral, neither overbought nor oversold. The STOCH value of 51.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:NILKAMAL.
Nilkamal Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | ₹28.17B | 22.77 | ― | 1.05% | 7.57% | 20.58% | |
65 Neutral | ₹75.14B | 23.25 | ― | 0.46% | 7.24% | -4.99% | |
64 Neutral | ₹56.62B | 33.06 | ― | 0.14% | 10.07% | 43.02% | |
56 Neutral | ₹69.14B | 32.29 | ― | 0.16% | 16.82% | 271.30% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | ₹54.82B | 57.95 | ― | 0.19% | 20.11% | 172.93% | |
48 Neutral | ₹147.86B | 52.09 | ― | 0.15% | 23.39% | 43.60% |
* General Sector Average
IN:NILKAMAL
Nilkamal Limited
1,898.30
361.28
23.51%
IN:CELLO
Cello World Limited
325.85
-245.67
-42.99%
IN:CENTURYPLY
Century Plyboards (India) Ltd.
682.40
-116.62
-14.60%
IN:GREENLAM
Greenlam Industries Ltd
213.80
-36.86
-14.71%
IN:SFL
Sheela Foam Ltd.
633.80
-36.79
-5.49%
IN:STYLAMIND
Stylam Industries Limited
3,310.20
1,591.75
92.63%
Nilkamal Limited Corporate Events
Nilkamal clears Q1 FY27 unaudited results with clean auditor review
Aug 1, 2026
Nilkamal Limited’s board has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with an unmodified limited review report from its statutory auditors. The results, covering revenue ...
Nilkamal Posts Profitable Q1 FY26 Results with Clean Audit Review
Aug 1, 2026
Nilkamal Limited’s board has approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026, alongside a limited review report from statutory auditors. The review carries an unmodified opinion,...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.