Nilkamal Ltd
Nilkamal Ltd transformed from Plastic Furniture to Complete Furniture Solution Provider for Home Furniture, Office Furniture, etc., in various materials and upholstered products. [1]
- Market Cap ₹ 2,545 Cr.
- Current Price ₹ 1,706
- High / Low ₹ 2,805 / 1,690
- Stock P/E 22.0
- Book Value ₹ 851
- Dividend Yield 1.17 %
- ROCE 12.9 %
- ROE 10.0 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 24.4%
Cons
- The company has delivered a poor sales growth of 8.25% over past five years.
- Company has a low return on equity of 9.17% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plastic products Industry: Plastics Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,424 | 1,602 | 1,646 | 1,784 | 1,858 | 1,957 | 2,071 | 2,304 | 2,081 | 1,888 | 2,656 | 3,079 | 3,130 | |
1,274 | 1,473 | 1,501 | 1,641 | 1,636 | 1,736 | 1,836 | 2,094 | 1,815 | 1,646 | 2,436 | 2,776 | 2,835 | |
Operating Profit | 149 | 129 | 145 | 142 | 221 | 220 | 235 | 210 | 266 | 242 | 220 | 304 | 295 |
OPM % | 10% | 8% | 9% | 8% | 12% | 11% | 11% | 9% | 13% | 13% | 8% | 10% | 9% |
2 | 2 | 4 | 4 | 7 | 12 | 8 | 17 | 11 | 14 | 19 | 12 | 13 | |
Interest | 40 | 43 | 41 | 32 | 21 | 14 | 15 | 18 | 28 | 25 | 31 | 40 | 38 |
Depreciation | 40 | 44 | 49 | 54 | 53 | 49 | 48 | 50 | 91 | 93 | 100 | 112 | 114 |
Profit before tax | 71 | 44 | 58 | 61 | 155 | 169 | 179 | 159 | 158 | 139 | 108 | 163 | 156 |
Tax % | 22% | 29% | 31% | 30% | 32% | 30% | 34% | 30% | 23% | 26% | 24% | 25% | |
56 | 31 | 40 | 42 | 105 | 118 | 117 | 111 | 122 | 103 | 82 | 122 | 116 | |
EPS in Rs | 37.26 | 20.90 | 26.83 | 28.45 | 70.22 | 79.38 | 78.48 | 74.54 | 81.76 | 69.30 | 55.16 | 81.70 | 77.46 |
Dividend Payout % | 11% | 19% | 15% | 16% | 10% | 14% | 17% | 17% | 18% | 22% | 27% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 8% |
3 Years: | 14% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 1% |
3 Years: | 1% |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 4% |
3 Years: | -5% |
1 Year: | -3% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 11% |
3 Years: | 9% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
Reserves | 390 | 414 | 448 | 478 | 570 | 682 | 782 | 869 | 939 | 1,038 | 1,137 | 1,237 | 1,256 |
362 | 394 | 320 | 207 | 105 | 83 | 93 | 59 | 66 | 227 | 354 | 351 | 389 | |
181 | 205 | 214 | 218 | 247 | 253 | 289 | 277 | 419 | 319 | 383 | 399 | 394 | |
Total Liabilities | 947 | 1,028 | 996 | 918 | 938 | 1,033 | 1,179 | 1,220 | 1,439 | 1,599 | 1,889 | 2,002 | 2,054 |
327 | 338 | 333 | 284 | 261 | 256 | 327 | 383 | 543 | 591 | 688 | 777 | 753 | |
CWIP | 5 | 4 | 2 | 1 | 5 | 32 | 9 | 14 | 27 | 19 | 26 | 22 | 28 |
Investments | 25 | 25 | 26 | 26 | 26 | 26 | 26 | 26 | 92 | 87 | 4 | 4 | 4 |
589 | 660 | 636 | 607 | 647 | 719 | 818 | 798 | 777 | 903 | 1,171 | 1,199 | 1,269 | |
Total Assets | 947 | 1,028 | 996 | 918 | 938 | 1,033 | 1,179 | 1,220 | 1,439 | 1,599 | 1,889 | 2,002 | 2,054 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
60 | 74 | 155 | 152 | 167 | 99 | 112 | 171 | 251 | 188 | 65 | 194 | |
-77 | -52 | -33 | -8 | -27 | -64 | -88 | -103 | -152 | -113 | -88 | -174 | |
14 | -24 | -120 | -148 | -141 | -37 | -20 | -72 | -94 | -73 | 60 | -72 | |
Net Cash Flow | -4 | -1 | 2 | -4 | -1 | -1 | 4 | -4 | 6 | 1 | 36 | -51 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 50 | 52 | 48 | 47 | 51 | 54 | 58 | 47 | 46 | 50 | 42 | 50 |
Inventory Days | 114 | 109 | 105 | 89 | 100 | 105 | 116 | 103 | 118 | 157 | 147 | 126 |
Days Payable | 35 | 34 | 33 | 30 | 36 | 35 | 53 | 35 | 43 | 60 | 48 | 43 |
Cash Conversion Cycle | 128 | 128 | 120 | 106 | 114 | 124 | 121 | 115 | 121 | 147 | 142 | 133 |
Working Capital Days | 90 | 91 | 80 | 71 | 73 | 88 | 95 | 85 | 82 | 105 | 102 | 98 |
ROCE % | 16% | 11% | 12% | 13% | 26% | 25% | 23% | 19% | 18% | 14% | 10% | 13% |
Documents
Announcements
- Closure of Trading Window 22 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 22 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 15 Mar
- Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD 11 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 7 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Business Segments
Plastic Division: In this segment, the Co. focuses on 3 key verticals i.e., Moulded furniture, Ready Furniture and Mattress. [1] Nilkamal is the world’s largest manufacturer of moulded furniture and Asia’s largest processor of plastic moulded products. [2]
BubbleGUARD Division: In this division, the Co. offers a range of unique honeycomb structured boards, with the objective of changing the face of printing, packaging and protection. [3] During FY22, it launched 3 new products – PalletGUARD LITE, PalletGUARD Neo and DiscGUARD. [1]
Material Handling Division: Under this division, the Co. is trying to be "One Stop Shop" and offers a comprehensive product mix right from bins, crates, pallets, to Material Handling Equipment and shelving, Racking and ASRS (Automated Storage & Retrieval System). [4]