Is Nilkamal a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Nilkamal Ltd is a good quality company .

Is Nilkamal undervalued or overvalued?

The key valuation ratios of Nilkamal Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Nilkamal share price return in the past 10 years?

Nilkamal Ltd share price has appreciated 17.6% annually (CAGR) over the past ten years.

Is Nilkamal a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Nilkamal Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Nilkamal Ltd - Stock Valuation and Financial Performance

Name: Nilkamal
Brand: Nilkamal

BSE: 523385 | NSE: NILKAMAL | Plastic Products | Small Cap

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Nilkamal Share Price

₹1,863.30 -19.35 -1.03%
as on 04-Oct'24 16:01

10 Year X-Ray of Nilkamal:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	13.4%	25.7%	24.7%	22.9%	19%	20.1%	15.4%	11%	15.1%	12.7%	-
Value Creation Index ⓘ	0.0	0.8	0.8	0.6	0.4	0.4	0.1	-0.2	0.1	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,895	1,926	2,024	2,124	2,362	2,257	2,092	2,730	3,131	3,196	3,156
Sales YoY Gr.	-	1.7%	5.1%	4.9%	11.2%	-4.5%	-7.3%	30.5%	14.7%	2.1%	-
Adj EPS ⓘ	34.2	77.8	83.1	83.3	75.5	90.7	75.5	55.8	88.7	79.6	72.4
YoY Gr.	-	127.4%	6.8%	0.2%	-9.4%	20.2%	-16.7%	-26.1%	59%	-10.3%	-
BVPS (₹) ⓘ	351.8	420.5	497.2	568.7	630.7	691.6	763.5	805.2	880.7	944.8	955.8
Adj Net Profit ⓘ	51.1	116	124	124	113	135	113	83.3	132	119	108
Cash Flow from Ops. ⓘ	167	183	112	121	175	252	203	69.1	190	250	-
Debt/CF from Ops. ⓘ	1.3	0.6	0.7	0.8	0.3	0.3	0.2	2.5	1	1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6%	6.2%	15.2%	2.1%
Adj EPS ⓘ	9.8%	1.1%	1.8%	-10.3%
BVPSⓘ	11.6%	8.4%	7.4%	7.3%
Share Price	17.6%	9.2%	-11.8%	-19%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	10.1	20.2	18.1	15.6	12.6	13.7	10.4	7.1	10.5	8.7	7.6
Op. Profit Mgn % ⓘ	8.4	12.2	11.7	11.5	9.2	12.6	12.2	8.3	10	9.2	8.6
Net Profit Mgn % ⓘ	2.7	6.1	6.2	5.9	4.8	6	5.4	3.1	4.2	3.7	3.4
Debt to Equity ⓘ	0.4	0.2	0.1	0.1	0.1	0.1	0	0.2	0.1	0.2	-
Working Cap Days ⓘ	116	115	118	119	115	123	146	130	127	132	70
Cash Conv. Cycle ⓘ	77	75	79	75	73	78	89	83	84	87	46

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 15.17%

Return on Equity has declined versus last 3 years average to 7.60%

Net Profit has been subdued in last 3 years 1.76%

Sales growth is not so good in last 4 quarters at -0.50%

Latest Financials - Nilkamal Ltd.

	Standalone	Consolidated
TTM EPS (₹)	62.6	72.4
TTM Sales (₹ Cr.)	3,094	3,156
BVPS (₹.) ⓘ	900.7	955.8
Reserves (₹ Cr.) ⓘ	1,329	1,411
P/BV ⓘ	2.07	1.95
PE ⓘ	29.85	25.78

From the Market
52 Week Low / High (₹)	1630.00 / 2439.00
All Time Low / High (₹)	14.00 / 3174.00
Market Cap (₹ Cr.)	2,787
Equity (₹ Cr.)	14.9
Face Value (₹)	10
Industry PE ⓘ	40.6

Management X-Ray of Nilkamal:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Nilkamal

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Nilkamal

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	1,895	1,926	2,024	2,124	2,362	2,257	2,092	2,730	3,131	3,196
Operating Expenses ⓘ	1,738	1,694	1,790	1,882	2,146	1,973	1,836	2,506	2,819	2,903
Manufacturing Costs	161	176	181	208	235	237	226	307	332	377
Material Costs	1,195	1,111	1,164	1,194	1,392	1,247	1,177	1,661	1,885	1,846
Employee Cost	123	143	155	173	187	191	174	197	222	249
Other Costs ⓘ	259	264	290	307	333	299	259	341	381	430
Operating Profit ⓘ	156	233	234	242	216	284	256	224	312	294
Operating Profit Margin (%)	8.2%	12.1%	11.6%	11.4%	9.1%	12.6%	12.2%	8.2%	9.9%	9.2%
Other Income ⓘ	5	3	3	4	13	14	16	12	11	13
Interest ⓘ	33	21	14	16	18	29	26	31	40	40
Depreciation ⓘ	57	55	51	50	52	94	97	101	113	115
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	71	168	178	187	166	182	150	109	177	161
Tax ⓘ	20	52	54	63	48	39	37	26	43	38
Profit After Tax	51	116	124	124	118	142	113	83	134	122
PAT Margin (%)	2.7%	6.0%	6.1%	5.8%	5.0%	6.3%	5.4%	3.1%	4.3%	3.8%
Adjusted EPS (₹)	33.8	76.4	82.1	82.7	78.6	95.2	75.7	55.9	89.8	81.9
Dividend Payout Ratio (%)	13%	9%	13%	16%	17%	16%	20%	27%	22%	24%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	525	628	742	849	941	1,032	1,139	1,202	1,314	1,410
Share Capital ⓘ	15	15	15	15	15	15	15	15	15	15
Reserves ⓘ	510	613	727	834	926	1,017	1,124	1,187	1,299	1,395
Minority Interest	6	7	7	7	7	1	1	1	1	1
Debt	171	83	83	93	51	48	31	156	170	168
Long Term Debt	44	9	0	0	44	48	29	117	160	127
Short Term Debt	127	74	83	93	7	0	2	39	9	41
Trade Payables	96	112	111	171	134	153	193	221	226	215
Others Liabilities ⓘ	170	168	150	128	160	317	360	374	365	427
Total Liabilities ⓘ	969	998	1,093	1,248	1,294	1,551	1,724	1,953	2,075	2,221
Fixed Assets
Gross Block	775	327	370	491	595	878	1,002	1,155	1,341	1,439
Accumulated Depreciation	469	54	99	147	196	285	368	460	559	665
Net Fixed Assetsⓘ	306	273	271	344	399	592	634	695	782	775
CWIP ⓘ	1	5	32	9	14	27	18	26	22	38
Investmentsⓘ	5	44	42	47	51	34	35	35	32	71
Inventories	292	305	336	379	393	406	498	661	656	596
Trade Receivables	247	269	301	340	309	325	308	314	433	464
Cash Equivalents	21	16	14	20	17	24	91	68	24	85
Others Assetsⓘ	96	87	98	109	112	142	140	153	125	194
Total Assets ⓘ	969	998	1,093	1,248	1,294	1,551	1,724	1,953	2,075	2,221

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	167	183	112	121	175	252	203	69	190	250
PBT ⓘ	71	160	173	180	159	175	148	104	169	151
Adjustment ⓘ	95	78	63	64	66	108	112	121	143	144
Changes in Working Capital ⓘ	25	-4	-66	-67	-4	19	-24	-130	-82	-15
Tax Paid ⓘ	-24	-51	-58	-56	-46	-50	-34	-25	-40	-30
Cash Flow From Investing Activity ⓘ	-15	-41	-70	-96	-106	-152	-121	-89	-165	-160
Capex	-16	-39	-79	-99	-111	-92	-74	-156	-180	-137
Net Investments	-2	-12	1	1	0	-15	-57	60	9	-29
Others ⓘ	3	10	7	3	5	-45	10	7	7	5
Cash Flow From Financing Activityⓘ	-151	-142	-38	-20	-73	-100	-71	60	-71	-32
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-64	-51	-27	0	52	9	-17	-10	44	4
Interest Paid ⓘ	-33	-21	-12	-12	-16	-26	-24	-28	-37	-37
Dividend Paid ⓘ	-7	-19	-8	-18	-19	-43	-7	-15	-22	-30
Others ⓘ	-47	-51	9	10	-90	-40	-23	112	-56	31
Net Cash Flow ⓘ	1	-1	3	5	-4	0	11	40	-46	58

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	10.13	20.12	18.16	15.57	13.15	14.44	10.42	7.13	10.65	8.99
ROCE (%)	13.38	25.68	24.7	22.91	18.98	20.05	15.42	10.95	15.07	12.71
Asset Turnover Ratio	2.01	2.09	2.07	2.04	2.05	1.76	1.39	1.58	1.67	1.59
PAT to CFO Conversion(x)	3.27	1.58	0.9	0.98	1.48	1.77	1.8	0.83	1.42	2.05
Working Capital Days
Receivable Days	44	46	48	49	45	46	51	39	41	48
Inventory Days	55	53	54	55	54	58	72	73	72	67
Payable Days	30	34	35	43	40	42	54	45	43	44

Nilkamal Ltd Stock News

Nilkamal Ltd FAQs

What is the share price of Nilkamal?

Company share prices are keep on changing according to the market conditions. The closing price of Nilkamal on 04-Oct-2024 16:01 is ₹1,863.3.

What is the market cap of Nilkamal?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Oct-2024 16:01 the market cap of Nilkamal stood at ₹2,787.1.

What is the P/E ratio of Nilkamal?

The latest P/E ratio of Nilkamal as of 04-Oct-2024 16:01 is 29.85.

What is the P/B ratio of Nilkamal?

The latest P/B ratio of Nilkamal as of 04-Oct-2024 16:01 is 2.07.

What is the 52-week high and low of Nilkamal?

The 52-week high of Nilkamal is ₹2,439 and the 52-week low is ₹1,630.

What is the TTM revenue of Nilkamal?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nilkamal is ₹3,094 ( Cr.) .

About Nilkamal Ltd

Nilkamal was launched under the able leadership of first-generation entrepreneurs Vamanrai Parekh (CHAIRMAN of Nilkamal) and Sharad Parekh (Managing Director of Nilkamal). Ever since, Nilkamal has gradually ventured into a multiplicity of businesses that pan across Material Handling Solutions, Ready Furniture, @Home - the brand’s lifestyle home solutions retail chain, Nilkamal Mattrezzz, and Bubbleguard - a material protection solution. Nilkamal is also listed on the National Stock Exchange and Bombay Stock Exchange since 1991.

Business area of company

Brand Nilkamal has become a household name owing to its quality and reach of moulded furniture business across the deepest pockets of the country. Nilkamal has to its credit, of being the world’s largest producer of moulded plastic furniture giving it an edge over competition.

Businesses

Nilkamal Furniture
Nilkamal Mattrezzz
@ Home
Nilkamal Bubbleguard
Material Handling

Awards

2012-13:

Company was awarded with ‘Silver Certificate of Merit Award’ by the Economic Times “Indian Manufacturing Excellence Award” in partnership with Frost and Sullivan for its Puducherry Unit for FY 2013.

2013-14:

Company was awarded with ‘Silver Certificate of Merit Award’ by the Economic Times “Indian Manufacturing Excellence Award” in partnership with Frost & Sullivan for its Jammu Unit.
The Company was similarly awarded in past for its Puducherry Unit and Gold Certificate of merit with trophy for Sinnar Unit.

2014-15:

After receiving the Silver Certificate of Merit and Gold Award under the Indian Manufacturing Excellence category from ‘Frost and Sullivans’ during the past four years for its various units, the Company is successful in grabbing the award for the fifth year in row under the category of “Challengers Award - Emerging Business Trophy - Gold Level” announced by the ‘Frost and Sullivan’s Green Manufacturing Excellence Awards 2015’. The said award is for adopting Green manufacturing practices at its Puducherry unit.
The Puducherry unit has also bagged the “First Prize in the Plastics Sector” at the National Energy Conservation Award – 2014, announced by the Ministry of Power, Government of India, for the conservation of Energy.

2015-16:

Company constantly strives towards reducing carbon foot prints, energy conservation and preserving the environment by adopting right practices for saving the scarce resources. In recognition of the same, all the Company’s units have been awarded the ISO 50001:2011 EnMS Certifications form TUV-SUD Germany.
Further, with its drive to obtain Quality Management and Energy Efficiency, Company has achieved the First prize under the National Award for Energy Conservation from BEE-Government of India for its Hosur Unit.
Furthermore, the Company has also received Sustainability 4.0 Believer’s certificate from “Frost and Sullivans” for its Vasona Plant, which certifies that the Company’s business is sustainable.

2016-17:

The Company’s Puducherry unit has been awarded the “Energy Efficient Plant” from The Confederation of Indian Industry (CII) during the 17th National Award for Excellence in Energy Management 2016. The said award is in recognition of the energy efficient practices adopted by the Company.
Further, continuing the Company’s record of adopting the right practices for optimising the use of resources and energy conservation, this year too Company has bagged the First prize at the National Energy Conservation Award for Plastics Sector 2016 from BEE-Government of India for its Sinnar unit. This is the third consecutive year where the said award has been conferred to the Company.

2017-18:

The Company’s Sinnar unit was awarded the “Energy Efficient Plant” by The Confederation of Indian Industry (CII) at its 18th National Award for Excellence in Energy Management 2017.
The Company has obtained Environment Management Systems certifications ISO 14001:2004 from TUV-SUD Germany, for all its plants which shows the Company’s commitment and responsibilities towards environmental protection.

2018-19:

The Company’s Sinnar unit was awarded the “Energy Efficient Plant” by the Confederation of Indian Industry (CII) at its 19th National Award for Excellence in Energy Management 2018.
The Company has also received India Manufacturing Excellence Award issued from “Frost and Sullivans” for its Silvassa Plant, which certifies the enhanced Manufacturing and supply chain Excellence.

2019-20:

The Company was awarded the “Asia's most trusted brand Awards 2019” by IBC Info Media Pvt. Ltd, a division of International Brand Consulting Corporation, USA for its furniture business.
The Company Puducherry unit was awarded with the “GreenCo Silver,2019” by Confederation of Indian Industry (CII ) – Shorabji Godrej Green Business Centre in recognition of Company's efforts towards adoption of “Green Practices” and being environment friendly which leads to proper management and control of product, process and Systems w.r.t to Conservation of Natural Resources.
The Company has also received “India Manufacturing Excellence Award 2019” issued by Frost and Sullivans for its Hosur Unit, which certifies the enhanced Manufacturing and supply chain Excellence.

Milestones

1934: Vrajlal Parekh starts manufacturing metal buttons in a one-machine factory shed measuring 2000 sq. ft.
1950: Vrajlal Parekh’s company buys Windsor machines to start plastics processing - calls company 'National Plastics'
1956: First plastic cut glass modelled on a popular tea glass is made. Becomes instant success
1964: National Plastics full-fledged into household items
1970: National Plastics starts a factory at Powai (Mumbai) to boost manufacture of household items
1981: Nilkamal Plastics is an independent venture run by brothers Vaman & Sharad Parekh
1984: Nilkamal starts the manufacture of crates
1990: Nilkamal starts the manufacture of moulded furniture
1991: Nilkamal starts a plant in western part of India at Sinnar (Maharashtra). Nilkamal goes public.
1994: Nilkamal becomes official supplier of crates to Coca-Cola & Pepsi
1997: Marks the opening of Nilkamal’s several plants north India -- Noida (Uttar Pradesh), south India- Pondicherry (Union Territory), west India- Kharadapada- Silvassa (Union Territory of D & N H)
1999: Nilkamal launches one more plant in west India- Vasona -Silvassa (Union Territory of D & N H)
2001: Nilkamal achieves IS0 9001:2000 certification by TUV-Germany for all of its plants
2002: Nilkamal launches its plant and a joint venture subsidiary company in Bangladesh - 'Nilkamal Padma Plastics'
2005: Nilkamal inaugurates 'at home' -- the complete home solutions store with contemporary readymade knockdown wooden furniture and home accents
2006: Nilkamal enters into a joint venture with BITO Lagertechnik Bittmann Gmbh, Germany to manufacture storage systems in metal in India.
2012: Nilkamal Limited, world’s largest manufacturer of moulded furniture and Asia’s largest plastic processor of moulded products, organized a three day fare in the city last week to create awareness in market about using hygienic containers for storing food.
2018: Nilkamal Material Handling efficaciously participated in India’s biggest poultry event, Paschim Banga Poultry Mela 2018 organised in Kolkata
2020: Nilkamal launches quarantine beds, other special products to support healthcare infra