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Prices as of 8 Oct 2026 close · Not investment advice

Nilkamal Limited

NSE: NILKAMALPlastic Products - Consumer

Share price

₹1,776.00

-4.22% close of 9 Oct 2026

Market cap ₹2,766 CrP/E 20.6 (as of 8 Oct 2026)

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

64

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹2,766 Cr

P/E ratio

20.6

P/B ratio

1.8

ROCE

10.6%

ROE

8.2%

Dividend yield

1.1%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹2,116.5052-week low ₹1,066.70

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 7.6% over the past year, and 9.9% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 8.7% to 9.3% over the last four years.

Whether it grew faster than its sector

It grew 9.9% a year against a sector median of 11.3% — 1.4 percentage points slower.

Room to re-rate, or risk of de-rating

At 20.6× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 47.6×, across 4 companies. It is against its own five-year median of 24.8×, the 15th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Nilkamal Limited — this one-2%/yr20.6×—
Shaily Engineering Plastics Limited69%/yr77.7×₹1.1
Safari Industries (India) Limited10%/yr39.1×₹3.9
VIP Industries Limited———
PIL ITALICA LIFESTYLE LIMITED11%/yr56.1×₹5.1
AVRO INDIA LIMITED—18.4×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Plastic Products - Consumer), it ranks 5 of 10 on returns, 4 of 10 on growth, 5 of 10 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 10.6% on capital, ahead of 50% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1062 crore of cash from the business, spent ₹886 crore on plant and equipment, and returned ₹222 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 169 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back faster than it used to: it went from being waiting 88 days for its cash to waiting 64 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 9 checks clear · 100%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 1 Aug 2026 · Consolidated

Revenue

₹820 Cr

Revenue vs last year

-7.2%

Revenue vs last quarter

-15.1%

Net profit

₹24 Cr

Profit vs last year

+62.7%

Profit vs last quarter

-41.9%

Net margin

3.0%

EPS

₹16.29

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹2,766 Cr
Prev close
₹1,776.00
52w High
₹2,150
52w Low
₹1,051
Enterprise value
₹3,094 Cr
Beta
0.7
Price CAGR 1y
17.0%
Price CAGR 3y
-7.0%
Price CAGR 5y
-7.0%
Price CAGR 10y
3.0%

Ratios

Return on assets
4.6%
PEG ratio
-10.2
P/E ratio
20.6
P/B ratio
1.8
EV / EBITDA
8.9
Industry P/E
38.2
ROCE
10.6%
ROCE 5y average
10.8%
ROE
8.2%
Debt / Equity
0.3
Interest coverage
4.2
Dividend yield
1.1%
ROE 3y average
8.0%
ROE last year
8.0%

Annual P&L

Annual revenue
₹3,778 Cr
Annual profit
₹116 Cr
Operating margin
9.0%
Net profit margin
3.1%
EBITDA margin
8.8%
Sales growth 3y
6.5%
Sales growth 5y
12.5%
Profit growth 3y
-2.0%
Profit growth 5y
2.0%
EPS
₹77.5
Sales growth TTM
8.0%
Profit growth TTM
30.0%
Dividend payout
26.0%

Quarter P&L

Sales latest quarter
₹820 Cr
Profit latest quarter
₹24 Cr
YoY quarterly sales growth
-7.2%
YoY quarterly profit growth
60.0%
OPM latest quarter
9.1%

Balance Sheet

Book Value
₹1,051
Face Value
₹10.0
Total debt
₹418 Cr
Total cash
₹83 Cr
Borrowings
₹418 Cr
Reserves / Equity
104.1

Cash Flow

Operating cash flow
₹306 Cr
Free cash flow
₹159 Cr
FCF yield
4.1%
Net cash flow
-₹63 Cr

Shareholding

Promoter holding
64.5%
FII holding
1.0%
DII holding
12.9%
Public holding
21.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Shaily Engineer.3,058.7079.114,0690.1052.545.9274.822.130.2
Safari Inds.1,298.4038.56,3620.3047.8-5.4588.611.519.3
V I P Inds.279.403,9690.00-53.6-259.7578.43.0-28.9
Nilkamal Ltd1,827.7520.22,7271.0724.459.6819.7-7.210.6
Bai-Kakaji Poly.295.0528.86320.0013.3192.021.2
Essen Speciality111.202760.000.4-79.831.7-23.1-1.1
Atharva Poly-Plast124.9032.52100.0038.2
Median279.4032.56320.008.4-20.7233.43.014.3

Competes with: AVRO INDIA LIMITED, Niraj Ispat Industries Limited, PIL ITALICA LIFESTYLE LIMITED, Pearl Polymers Limited, Safari Industries (India) Limited, Shaily Engineering Plastics Limited, Tokyo Plast International Limited, VIP Industries Limited, Wim Plast Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales783776803834743822854894883968962965820
Expenses709714731753686744791809825882872869745
Material Cost402419384362349
Change in Inventories-11-131149-33
Purchases of Stock-in-Trade122146136127136
Employee Cost7778787884
Other Expenses234251263253209
Operating Profit74627381567763855885909675
OPM %9.507.979.069.777.599.427.429.536.578.819.319.949.11
Other Income6944656365-967
Exceptional items (within Other Income)00-1500
Interest9910991011111111111110
Depreciation28292929293030313435373738
Profit before tax42323848244328462045335434
Tax %23222326232423262225232327
Net Profit32252936183322341534254224
EPS in Rs22172024122214231023172816
Diluted EPS in Rs1022172816

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,8951,9262,0242,1242,3622,2572,0922,7303,1313,1963,3133,7783,715
Expenses1,7361,6911,7891,8822,1461,9731,8362,5062,8192,9033,0273,4463,369
Material Cost1,567
Change in Inventories37
Purchases of Stock-in-Trade532
Employee Cost311
Other Expenses1,001
Operating Profit159235235242216284256224312294286332345
OPM %8121211913128109999
Other Income2881020211818192318910
Exceptional items (within Other Income)-15
Interest32211416182926314040434743
Depreciation57555150529497101113115120142147
Profit before tax71168178187166182150109177161141152166
Tax %283130342922252424242423
Net Profit5111612412411814211383134122107116125
EPS in Rs34768283799576569082717784
Diluted EPS in Rs77
Dividend Payout %13913161716202722242826

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
7%
5 years
13%
3 years
6%
TTM
8%

Compounded profit growth

10 years
1%
5 years
2%
3 years
-2%
TTM
30%

Stock price CAGR

10 years
3%
5 years
-7%
3 years
-7%
1 year
17%

Return on equity

10 years
10%
5 years
8%
3 years
8%
Last year
8%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital151515151515151515151515
Reserves5106137278349261,0171,1241,1871,2991,3951,4721,562
Borrowings20910583935966230354351406531418
Other Liabilities235265268306294452354397410405527522
Minority Interest1.53
Total Liabilities9699981,0931,2481,2941,5511,7241,9532,0752,2212,5442,518
Fixed Assets3062732713443995926346957827759361,031
CWIP153291427182622387522
Investments54442475134353532714774
Other Assets6576777498498308981,0361,1971,2391,3381,4871,391
Total Assets9699981,0931,2481,2941,5511,7241,9532,0752,2212,5442,518

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity16718311212117525220369190250247306
Cash from Investing Activity-15-42-73-96-107-147-120-94-164-156-224-156
Cash from Financing Activity-151-142-38-20-73-100-7160-71-3234-213
Net Cash Flow1-204-451334-456257-63
Free Cash Flow151143332263160129-8710113-20160

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days485154584853544251535145
Inventory Days89100105116103119154145127118133110
Days Payable293735523545604944435846
Cash Conversion Cycle107114125122116127148139134128127109
Working Capital Days4859737984891008892797264
ROCE %14262423191914913111011

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters656565656565656565656565
FIIs1.161.161.141.081.101.081.0111.0210.980.97
DIIs202019181414141414141413
Public141415172020202020202122
No. of Shareholders17,44817,24118,03619,66822,61521,99121,91621,70122,40021,11320,84521,248

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +13.0% (₹1,571.20 → ₹1,776.00)Brick size ₹69.73 (fixed)Bricks 29
₹1,500₹2,000₹1,776Dec '25Mar '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹1,776.00 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

313inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,04,60,808inr

2026-03-31

News

News and filings about Nilkamal Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • Polyethylene (HDPE/LDPE) resins
  • Polypropylene (PP) polymer, incl. post-consumer recycled PP
  • Steel (metal racking & furniture)

Depends on the price of

  • Crude Oil Brent
  • steel

Sells to

  • CHEP India / Brambles · Returnable crates & pallets (pooling)
  • Coca-Cola · Plastic beverage crates
  • Ministry of Defence · Plastic ammunition & military boxes
  • PepsiCo · Plastic beverage crates

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Durables
Industry
Plastic Products - Consumer
Classification
Consumer Durables › Plastic Products - Consumer
ISIN
INE310A01015

Business segments

  • Business to Business · 89%
  • Retail and Ecommerce · 11%

Plants

  • Nilkamal Barjora plant
  • Nilkamal Bhiwandi plant
  • Nilkamal Hosur plant
  • Nilkamal Jammu plant
  • Nilkamal Kharadpada plant
  • Nilkamal Noida plant
  • Nilkamal Puducherry plant
  • Nilkamal Sinnar plant
  • Nilkamal Vasona plant

News impact

Big market events that reach Nilkamal Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

10 Jul 2026unspecified₹20
11 Jul 2025unspecified₹20
12 Jul 2024unspecified₹20
30 Jun 2023unspecified₹20
7 Jul 2022unspecified₹15
27 Jul 2021unspecified₹10
16 Feb 2021interim₹5
19 Mar 2020interim₹10

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
3 Aug 2026SEETHA KUMARI .SELL89,589₹1,693.32
16 Jul 2026ABAKKUS INVESTMENT MANAGERS PRIVATE LIMITEDBUY2,80,000₹1,335.63
16 Jul 2026IRAGE BROKING SERVICES LLPSELL1,36,803₹1,337.38
16 Jul 2026SETU SECURITIES PRIVATE LIMITEDBUY1,07,697₹1,353.25
16 Jul 2026F3 ADVISORS PRIVATE LIMITEDSELL92,530₹1,361.28
16 Jul 2026F3 ADVISORS PRIVATE LIMITEDBUY11,683₹1,342.80
16 Jul 2026IRAGE BROKING SERVICES LLPBUY10,606₹1,338.69

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.