NILKAMALConsumer Discretionary

Nilkamal Limited

Plastic Products - Consumer · ISIN INE310A01015 · BSE 523385 · NSE EQ · FV ₹10
Last price
₹1,989
+4.80%today
What this company does

Nilkamal Limited operates in Plastic Products - Consumer, part of the Consumer Discretionary sector. It booked ₹1,126 cr of revenue in its latest quarter (Q2 FY27) and kept 6.0% of sales as profit. It is the 4th largest of 8 Plastic Products - Consumer companies we track, by market value.

In the report:
69out of 100
Equitytale Health Score
Solid

Healthier than 69% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 178–428 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
56

At close. Not part of the score.

Profitability & returns74

How much profit it earns on the money it employs

Balance sheet67

How much it owes, and whether earnings cover the interest

Cash quality57

Whether reported profit actually arrives as cash

Growth & consistency57

Whether sales and profit have grown, and how steadily

Valuation63

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 16% vs last year
✓ Profit up 102% vs last year
✓ Promoters hold 65%
✓ No promoter shares pledged
✓ Strong 17% return on equity
✓ Turns profit into real cash
Watch-outs
! Thin 6.0% net margin

What if I invest in NILKAMAL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The slider starts at 10%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,989▲ +4.80%
latest close · 2026-11-04
1-year return
-25.8%
52-wk low ₹1,48052-wk high ₹2,743
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio11.0Low
LowAverageHigh
P/B ratio1.81Moderate
Below bookModerateHigh
EV / EBITDA5.8Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity16.5%Strong
WeakFairStrong ▸15%
Return on capital19.7%Strong
WeakFairStrong
Net margin6.0%Decent
ThinDecentStrong
EBITDA margin12.3%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.16Comfortable
LowModerateHigh ▸1
Interest cover10.0×Strong
RiskyOkayStrong ▸5×
Current ratio2.19Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹2,968 cr
Book value
₹1,099
EPS
₹45.41
latest quarter
Net debt
₹226 cr
owes more than its cash
Enterprise value
₹3,194 cr
EBITDA
₹553 cr
annualised
EBIT
₹391 cr
annualised
Operating margin
8.7%
Return on assets
10.3%
Earnings yield
9.13%
P/S
0.66
Sales / share
₹3,017.9
Tax rate
26.4%
Face value
₹10
Shares
1.5 cr
Working capital
₹774 cr
Current assets
₹1,426 cr
Current liabilities
₹652 cr
Delivery %
45.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹409–₹643, midpoint ₹526

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹1,126 cr
Other Income₹4 cr
Total Income₹1,129 cr
Cost of Materials₹666 cr
Purchases of Stock-in-Trade₹34 cr
Inventory Change (±)₹-53 cr
Employee Benefit Expense₹87 cr
Finance Costs₹10 cr
Depreciation & Amortisation₹41 cr
Other Expenses₹258 cr
Total Expenses₹1,041 cr
Profit before Tax₹88 cr
Tax Expense₹23 cr
Share of JV / Associates₹3 cr
Net Profit₹68 cr
Net margin on total income6.0%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹646 cr57.1%
Employee benefit expense₹87 cr7.7%
Finance costs₹10 cr0.9%
Depreciation & amortisation₹41 cr3.6%
Other expenses₹258 cr22.7%
Tax expense₹23 cr2.1%
Profit for the period₹68 cr6.0%
Total income ₹1,129 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue965 cr820 cr1,126 cr
Total income969 cr824 cr1,129 cr
Expenses918 cr793 cr1,041 cr
Profit before tax51 cr31 cr88 cr
Tax12 cr9 cr23 cr
Net profit (owners' share)42 cr24 cr68 cr
Net margin (owners' share, on revenue)4.3%3.0%6.0%
EPS (₹)27.8216.2945.41
YoY (latest quarter): total income +16.3% · net profit +101.9%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹2,640 cr
Shareholder equity
₹1,640 cr
parent shareholders
Total debt
₹255 cr
Cash
₹29 cr
Cash flow · H1 FY27
Operating
₹63 cr
Investing
₹-46 cr
Financing
₹-63 cr
Peer comparison
Plastic Products - Consumer · by market value
CompanyPriceMarket capP/E
Shaily Engineering Plastics Limited₹2,961₹13,621 cr—
Safari Industries (India) Limited₹1,215₹5,951 cr31.2
VIP Industries Limited₹245₹3,477 cr—
Nilkamal Limitedthis company₹1,898₹2,832 cr10.4
PIL ITALICA LIFESTYLE LIMITED₹7₹164 cr174.8
AVRO INDIA LIMITED₹5₹74 cr27.5
Tokyo Plast International Limited₹78₹74 cr—
Pearl Polymers Limited₹16₹27 cr2.8
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.01%
trailing 12 months
Dividend / share (TTM)
₹20
Last dividend
₹20
ex 10 Jul 2026
ActionDetailEx-date
Dividend₹20 / share10 Jul 2026
Dividend₹20 / share11 Jul 2025
Dividend₹20 / share12 Jul 2024
Dividend₹20 / share30 Jun 2023
Dividend₹15 / share7 Jul 2022
Dividend₹10 / share27 Jul 2021
Who owns it · 2026-09-30
No pledge
Promoter
64.5%
FII / Foreign
1.0%
DII / Domestic
7.9%
Retail / others
26.5%
Smart-money activity
Insider trades
BoughtHiten V. Parekh · Promoters17 · ₹32,61429 Jun 22
BoughtManish V. Parekh · Promoters67 · ₹1.3 L29 Jun 22
BoughtNayan S. Parekh · Promoters229 · ₹4.4 L29 Jun 22
Bulk / block deals
SoldSEETHA KUMARI . · NSE89,589 @ ₹1,693.323 Aug 26
SoldSETU SECURITIES PRIVATE LIMITED · NSE88,697 @ ₹1,452.5717 Jul 26
BoughtSETU SECURITIES PRIVATE LIMITED · NSE20,000 @ ₹1,47417 Jul 26
Stake changes
BoughtMadanlal Jain→ 5.62% · 8.09 L21 Sep 26
SoldSeetha Kumari→ 0.20% · 8.09 L21 Sep 26
SoldMadanlal Jain→ 0.00% · 8.14 L18 Dec 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 23 Sep 2025
See the official result
1
Appointment of Mr. Gautam G. Chakravarti (DIN 00004399) as a Non-Executive Independent Director of the Company
Backed by 100% of shareholders other than promotersneeded 75%
23.43 L votes for, 310 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 20 named members
owning 64.5% between them · as of 2026-09-30
Nayan Sharad Parekh14.76%
Hiten Vamanrai Parekh12.07%
Manish Vamanrai Parekh10.16%
Nilkamal Builders Private Limited9.81%
Heirloom Finance Private Limited6.11%
Purvi Nayan Parekh2.92%
Manju Manish Parekh2.63%
Mihir Hiten Parekh1.55%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.