Nilkamal Limited

NSE: NILKAMAL · Unclassified

₹2,010.70-0.65%06 Nov 2026

Ask the data

Instant answers about Nilkamal Limited — computed from its filings, no language model

Market cap₹3,000 cr

Current price₹2,010.70

High / Low₹2,116 / ₹1,067

P/E18.9

P/B1.83

Book value₹1,098.9

ROE9.7%

ROCE12.8%

Debt / equity0.16

Dividend yield0.99%

EPS (TTM)₹106.46

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY20	FY21	FY22	FY23	FY24	FY26
Revenue	2,257	2,092	2,730	3,131	3,196	3,778
EBITDA	281	253	221	308	290	329
Operating margin	12.5%	12.1%	8.1%	9.8%	9.1%	8.7%
Interest	26	24	28	37	37	44
Depreciation	94	97	101	113	115	142
Profit before tax	175	148	104	169	151	142
Tax	39	37	26	43	38	35
Net profit	142	113	83	134	122	116
EPS ₹	95.21	75.68	55.86	89.76	81.92	77.45
Operating cash flow	—	—	69	190	250	306
Capex	—	—	164	196	156	153
Dividend paid	—	—	15	22	30	30
Total assets	—	—	—	2,075	2,221	2,518
Equity	—	—	—	1,314	1,410	1,577

Quarterly performance

last 28 quarters · ₹ crore

showing latest 8 of 28 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	536	576	583	561	251	534	627	680	492	739	756	742	808	754	829	783	776	803	834	743	822	854	883	968	962	965	820	1,126
Operating profit	71	72	68	71	-10	87	97	79	30	67	74	51	66	76	97	74	62	73	81	56	77	63	58	85	90	96	75	135
Operating margin	13.2%	12.5%	11.7%	12.6%	-4.0%	16.3%	15.5%	11.6%	6.1%	9.1%	9.8%	6.9%	8.2%	10.1%	11.7%	9.5%	8.0%	9.1%	9.8%	7.6%	9.4%	7.4%	6.6%	8.8%	9.3%	9.9%	9.1%	12.0%
Other income	2	7	2	3	2	9	4	2	2	1	0	8	2	3	4	3	6	2	2	4	3	3	4	3	4	4	4	4
Interest	6	6	6	8	6	5	5	7	7	7	7	8	9	9	10	9	9	10	9	9	10	11	11	11	11	11	10	10
Depreciation	21	23	24	27	23	24	24	25	24	25	25	27	28	29	29	28	29	29	29	29	30	30	34	35	37	37	38	40
Profit before tax	45	50	41	39	-38	66	71	49	1	37	41	25	30	41	62	40	30	36	46	22	41	26	17	43	30	51	31	88
Tax	16	3	12	8	-9	17	18	12	0	9	10	6	8	10	16	10	7	9	12	5	10	6	4	11	8	12	9	23
Net profit	31	49	30	32	-29	0	54	38	2	28	33	20	24	33	48	32	25	29	36	18	33	21	15	34	25	42	24	68
EPS ₹	20.82	32.85	20.26	21.29	-19.40	33.19	36.39	25.51	1.13	18.94	22.39	13.39	16.02	22.24	32.30	21.73	16.76	19.64	23.79	12.25	21.80	14.40	10.21	22.49	16.93	27.82	16.29	45.41
Revenue YoY	—	—	—	—	-53.2%	-7.2%	7.4%	21.1%	95.9%	38.4%	20.7%	9.1%	9.2%	-0.3%	11.7%	—	-4.0%	6.5%	0.6%	-5.2%	6.0%	6.3%	18.9%	17.8%	12.6%	—	-7.2%	16.3%
Profit YoY	—	—	—	—	-193.2%	-100.0%	79.6%	19.8%	—	—	-38.5%	-47.5%	-15.4%	-0.7%	141.2%	—	4.6%	-11.7%	-26.3%	-43.6%	30.1%	-26.7%	-16.6%	3.2%	17.6%	—	59.6%	101.8%

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Nilkamal Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	1,435	1,611	1,655	1,792	1,870	2,095	2,108	2,304
Operating profit	149	128	145	140	214	217	232	207
Operating margin	10.4%	7.9%	8.8%	7.8%	11.5%	10.4%	11.0%	9.0%
Other income	—	3	4	6	9	12	8	17
Interest	39	43	41	32	18	12	12	16
Depreciation	40	44	49	54	53	49	48	50
Profit before tax	71	44	58	61	153	169	179	159
Tax	15	12	18	18	49	50	62	47
Net profit	56	31	40	42	104	118	117	111

Quarters

showing latest 8 of 44 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	JUN '09†	SEP '09†	DEC '09†	JUN '10†	SEP '10†	DEC '10†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	218	189	238	241	229	196	230	246	249	285	319	305	321	352	346	415	394	383	393	442	390	423	379	463	419	460	423	490	458	482	428	503	496	501	529	569	524	465	523	596	572	614	564	555
Operating profit	27	20	23	23	26	15	29	32	35	32	36	30	34	39	37	39	38	34	29	27	30	41	31	42	29	31	31	49	52	50	46	66	58	51	49	58	43	57	66	65	55	49	50	53
Operating margin	12.6%	10.4%	9.7%	9.7%	11.3%	7.6%	12.5%	12.8%	14.0%	11.2%	11.5%	9.7%	10.6%	11.0%	10.6%	9.4%	9.6%	8.8%	7.3%	6.2%	7.8%	9.8%	8.2%	9.1%	6.9%	6.8%	7.4%	9.9%	11.3%	10.4%	10.8%	13.1%	11.8%	10.2%	9.3%	10.3%	8.3%	12.3%	12.7%	11.0%	9.6%	8.0%	8.9%	9.5%
Other income	1	0	0	0	0	—	—	0	2	—	—	1	0	—	—	1	0	1	1	1	1	1	1	0	1	1	3	2	3	4	0	3	4	2	4	2	4	1	0	2	2	5	2	9
Interest	8	7	8	9	11	11	7	6	5	6	6	7	8	9	10	12	11	9	11	11	11	11	10	10	8	8	9	7	5	4	4	4	3	3	3	3	3	3	4	3	3	5	4	4
Depreciation	6	6	7	7	8	8	8	8	8	8	8	8	9	10	11	11	11	11	11	11	12	14	11	12	14	14	14	12	12	13	12	16	12	13	12	12	12	13	12	11	12	12	12	13
Profit before tax	13	53	8	7	7	-4	14	18	23	18	22	15	17	20	17	18	16	13	7	7	9	18	10	21	8	10	12	32	37	37	30	49	47	38	38	46	33	43	50	53	41	37	36	45
Tax	5	13	2	2	2	-1	4	4	6	5	6	3	4	5	3	4	4	4	2	2	3	6	3	6	2	3	3	10	12	11	10	16	15	12	10	14	11	15	17	19	11	12	8	16
Net profit	9	40	6	5	5	-3	10	13	17	13	16	12	12	15	14	14	11	10	5	5	6	13	7	14	5	7	8	22	25	26	20	33	32	26	28	32	22	28	33	34	31	25	28	28
EPS ₹	6.66	3.56	4.54	3.70	3.65	-2.15	8.04	10.27	13.11	10.32	11.14	7.75	8.22	10.33	9.09	9.62	7.54	6.50	3.65	3.21	4.18	8.41	4.76	9.47	3.66	4.59	5.67	14.53	16.96	17.25	13.53	21.88	21.22	17.64	18.93	21.59	14.99	18.65	22.17	22.66	20.58	16.68	18.43	18.86
Revenue YoY	—	—	—	—	4.7%	3.9%	-4.4%	7.8%	27.0%	24.1%	29.4%	22.4%	12.6%	10.6%	13.4%	—	22.5%	8.6%	13.6%	6.3%	-0.9%	10.5%	-3.6%	4.9%	7.5%	8.8%	11.6%	5.8%	9.2%	4.7%	1.4%	2.6%	8.4%	4.1%	23.5%	13.1%	5.8%	-7.3%	-1.2%	4.8%	9.0%	32.1%	7.9%	-6.9%
Profit YoY	—	—	—	—	-45.3%	-106.8%	117.8%	181.8%	—	28.3%	22.1%	-31.0%	-7.0%	-3.8%	17.3%	—	-8.2%	-37.2%	-59.8%	-66.6%	-44.6%	29.5%	30.5%	195.0%	-12.3%	-45.4%	19.0%	53.4%	362.5%	275.8%	138.7%	50.6%	25.2%	2.3%	39.9%	-1.3%	-29.4%	5.7%	17.2%	5.0%	37.3%	-10.6%	-16.9%	-16.8%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 19 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	10.5%	10.3%	10.1%	8.7%	7.7%	8.1%	7.5%	7.3%	7.9%	9.7%
ROCE	—	—	—	—	—	—	—	—	—	14.0%	13.3%	13.0%	11.4%	10.3%	10.5%	9.9%	10.1%	10.8%	12.8%
Net margin	6.3%	4.2%	1.7%	2.9%	3.0%	4.0%	4.8%	3.8%	3.1%	4.3%	4.4%	4.2%	3.8%	3.4%	3.6%	3.3%	3.1%	3.4%	4.1%
EBITDA margin	12.5%	10.2%	11.2%	12.4%	12.1%	12.6%	10.8%	9.4%	8.1%	9.9%	9.9%	9.6%	9.1%	8.6%	9.0%	8.6%	8.7%	9.3%	10.2%
Debt / equity	—	—	—	—	—	—	—	—	—	0.14	0.18	0.18	0.18	0.18	0.22	0.22	0.16	0.16	0.16
Interest coverage	7.71	4.49	5.24	6.67	7.31	8.75	7.15	5.59	4.65	5.67	5.66	5.46	5.10	4.59	4.85	4.48	4.22	4.63	5.77
Asset turnover	—	—	—	—	—	—	—	—	—	1.53	1.47	1.50	1.44	1.42	1.36	1.39	1.50	1.48	1.47

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	SEP '25	MAR '26	SEP '26
Share capital	15	15	15	15	15	15	15	15
Other equity / reserves	1,216	1,299	1,328	1,395	1,416	1,492	1,562	1,625
Total equity	1,231	1,314	1,343	1,410	1,431	1,507	1,577	1,640
Borrowings	210	189	240	247	308	386	256	255
Current liabilities	477	371	406	453	576	642	578	652
Non-current liabilities	338	389	384	357	340	401	361	347
Total assets	2,046	2,075	2,133	2,221	2,348	2,552	2,518	2,640
Property, plant & equipment	742	775	751	767	755	967	1,023	1,046
Capital work-in-progress	22	22	28	38	164	56	19	17
Investments	35	32	35	71	42	51	74	60
Inventories	681	656	674	596	644	689	645	747
Receivables	393	433	439	467	493	540	471	539
Cash & equivalents	20	20	24	82	32	55	76	29

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY26
Cash from operations	69	190	250	306
Cash from investing	-89	-165	-160	-160
Cash from financing	60	-71	-32	-213
Capex	164	196	156	153
Free cash flow	-95	-6	94	153
Dividends paid	15	22	30	30

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹1,046 cr40%

CWIP

₹17 cr1%

Investments

₹60 cr2%

Inventories

₹747 cr28%

Receivables

₹539 cr20%

Cash & equivalents

₹29 cr1%

Other assets

₹202 cr8%

Peer comparison

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Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Nilkamal Limited	3,000	2,010.70	18.9	1.83	9.7%

StoxGud checklist: Bullish setup · 8/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+9.8%

6 months+54.8%

1 year+33.2%

3Y CAGR-2.7%

5Y CAGR-3.3%

10Y CAGR+2.8%

50-day avg₹1,906.29

200-day avg₹1,528.74

RSI (14)66

FAQs

What is the share price of Nilkamal Limited?

Nilkamal Limited (NILKAMAL) closed at ₹2,010.70 on NSE on 06 Nov 2026.

What is the market cap of Nilkamal Limited?

₹3,000 crore at the latest close.

What is the P/E ratio of Nilkamal Limited?

18.9, on trailing-twelve-month earnings from its filings.

How fast is Nilkamal Limited growing?

Nilkamal Limited: revenue has compounded at 11.4% a year over three years; net profit at 11.5% a year. Latest-quarter revenue is up 16.3% year on year, profit up 101.8%.

How profitable is Nilkamal Limited?

On a trailing-twelve-month basis return on equity is 9.7%, return on capital employed 12.8%, operating margin 10.2%, net margin 4.1%.

How much debt does Nilkamal Limited have?

Nilkamal Limited is lightly geared: debt to equity is 0.16 with borrowings of ₹255 cr against cash of ₹29 cr (balance sheet of 2026-09-30). Operating profit covers interest 5.8 times.

Financials parsed from Nilkamal Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.