We recommend BUY on the stock considering volume uptick driven by higher per capita consumption and improved market penetration. Additionally, company is expected to post PAT growth of 18% in FY17E. Stock is currently trading at P/E of 19.3x on FY17E EPS. (Target Price – Rs.2020) Indiainfoline Sentifi Top themes and market attention on:Address Landmarks:Near Hotel Tunga Customer Care Phone Numbers and Contacts Submit a ComplaintCustomer satisfaction rating0%View Statistics00Nilkamal related photos (18) Complaints with pictures are more trusted and informative View allNilkamal Customer Care related pictures (18) AllResolved Nilkamal — Sofa Cum Bed viveksharma.46 on Feb 9, 2017 FurnitureNilkamal — Modern Ktichen surbhigupta729 on Jan 31, 2017 FurnitureNilkamal — Chair gets broken and getting bend Ranjeethkavi on Oct 30, 2016 FurnitureNilkamal — Defective material of double bed and wardrobes purchased from jammu office vinaykdutt on Oct 23, 2016 FurnitureNilkamal — Nilkamal 09 freedom mini shoe cabinet namrata on Oct 22, 2016 FurnitureNilkamal — Complain about the defective product (double bed) Puspendarkumar on Oct 21, 2016 FurnitureNilkamal — Nilkamal-shoe rack top damaged during shifting-want to buy a new top Ritwik Basu on Oct 9, 2016
FurnitureNilkamal — Received damaged bed set PariharDivya on Oct 6, 2016 FurnitureNilkamal — Delivery of wrong product pramod vijay jaiswal on Oct 4, 2016 FurnitureNilkamal — Regarding my chairs and the computer table Madhav yedida on Sep 21, 2016 FurnitureNilkamal — Delivery delay Dijesh on Jul 18, 2016 FurnitureNilkamal — Frequent chair breakages (nilkamal product) hardiklunagaria on Jun 18, 2016 AppliancesNilkamal — Substandard upholstery products & lousy cust svc sviswana on Jun 4, 2016 Home & GardenNilkamal — Defective chair sold saravana1973 on May 20, 2016 FurnitureNilkamal — Alester Shoe Rack Adv. Bagade on May 10, 2016 FurnitureNilkamal — Very bad after sales and worst customer service Gpsartiya on Jan 27, 2016 FurnitureNilkamal — Damaged sofa KArora on Dec 16, 2015 FurnitureNilkamal — Hard bubble on mattresses karanganesh on Dec 10, 2015 Products & ServicesNilkamal — Unethical Behavious 1981.deepak on Sep 12, 2015 FurnitureNilkamal — Unethical Behaviour 1981.deepak on Sep 12, 2015 Furniture
If you are looking for information on Equitymaster, here is how you can do that: View our site map Search on Equitymaster (using Google Custom Search Email us and we will guide you to the page you are looking for on Equitymaster Go to the home page of EquitymasterYou are here » Home » Companies » Company Overview » Nilkamal Ltd Add to Watchlist | Nifty 100 Liq 15 Nifty Div Opp 50 Nifty Mid Liq 15 S&P BSE Cons. Di Click here for interactive graph Promoted by the Parekh family, Nilkamal Plastics, incorporated in Dec.'85 as Creamer Plastic a private limited company, was converted into a public limited company in Jul.90. In Aug.'90, the name was changed to the present one. It is India's largest manufacturer of material handling plastic crates and a leader in moulded furniture. It is one of the companies to benefit from moulded plastic, wh... Nilkamal Ltd - Key Fundamentals Book Value / Share Nilkamal Ltd - Financial Results
> More on Nilkamal Ltd Financials Results Nilkamal Ltd - Peer Group Mkt Cap ( CR) V I P Inds. > More on Nilkamal Ltd Peer Group Nilkamal Ltd - SHAREHOLDING PATTERN > More on Nilkamal Ltd Share Holding Pattern Nilkamal Ltd - RETURNS Nilkamal Ltd - STOCK STRENGTH Quick Links for Nilkamal: Nilkamal Sit Tight To Make Your Investment Rise Nilkamal– Sit Tight to make Your Investment Rise Aug 19 2016 06:02 PM , Dynamiclevels Daily Outlook , Nilkamal is the India’s largest manufacturer of material handling plastic crates and a leader in moulded furniture. The company operates mainly in 3 business segments i.e. life style furniture, plastics, furnishing & accessories. Nilkamal is one of the strong brands in the plastic segment that can be further classified into material handling and moulded furniture category. Nilkamal ltd is one of the Multibagger Shares, identified by Dynamic Research based on technical and fundamental research.
Nilkamal share price has touched a 52 week high of Rs. 1631.95 on 13 -Jan -2016 and a 52 week low of Rs.780.00 on 26-Aug -2016, and is currently trading at Rs. 1220.15. The promoters holding in the company stood at 64.13%, while Institutions and Non-Institutions held 8.07% and 27.80% respectively. Some of the Non-Promoters holding securities holding more than 1% of total number of shares are Narendra Kumar Agarwal: 2.85% For the quarter ended June 2016, the total income from operations of Nilkamal ltd has reported a growth of 8.36 % on Y-o-Y basis to Rs. 495.78 cr as against Rs. 457.55 cr during the same quarter last year. A boost in total income from operations shows sturdy development in business. The operating profit of Nilkamal ltd on standalone has shown a growth of 16.12% Y-o-Y to Rs. 45.89 cr as against Rs. 39.52 cr during the same quarter last year. This is mainly due to rise in topline of the company. The net profit of Nilkamal has registered a growth of 25.18% Y-o-Y to Rs.31.67 cr as against Rs 25.30 during the same quarter previous year.
The earnings per share of the company have showed a growth of 25.12% Y-o-Y to Rs. 21.22 as against Rs. 16.96 during same period last year. For the year ended March 31, 2016 Nilkamal ltd on Consolidated basis reported net sales of Rs. 1996 cr compared to Rs. 1887.81 cr FY2015 increased by 5.73% annually. For the year ended March 31, 2016 Nilkamal on Consolidated basis reported net profit of Rs. 113.32 cr compared to profit of Rs. 51.26 cr FY2015, registering a very marginal growth of 121.07% annually. Return On Asset (%) Return On Equity (%) The above ratio suggests that the company is operating with a very minimal level of debt on it shoulders, and have enough liquidity to pay its short term obligation and can easily meet up with the interest expenses pertaining to its debt obligations. The company has reduced its interest cost from 5.06 cr in June quarter 2015 to 3.96 cr in June quarter 2016. Nilkamal has nine manufacturing units for manufacture of plastic moulded furniture and material handling solutions.
Material handling and moulded furniture contribute 57% and 43% to segment revenues, respectively. The Indian economy was relatively stable during the fiscal year 2015-16. The country’s gross domestic product (GDP) grew by 7.4% compared to 7.2% growth in GDP in 2014-15. The country’s GDP is expected to grow by 7.7% during the year. Domestic consumption is expected to be the main driver of the likely acceleration in economic growth this year. The Plastic Business has achieved a volume growth of 3% and value growth of 5%. During the financial year 2015-16 it has achieved total turnover of Rs. 176,572 lacs as compared to Rs. 169,521 lacs in the previous year. Nilkamal continues to enjoy the market leadership & holds the market share of approx. 32%, which is double over its closest competitor. Nilkamal has taken steps to invest in range of differentiated products in the Premium Monoblock and other range in the moulded vertical. The hybrid chair, combining metal and plastic, introduced in last three financial years showed a robust growth even in the current fiscal year.
To enhance product offering, this Year the company has widen school furniture and SOHO (small office/home office) furniture range by adding more than 50 products in this segment. The Company has reinforced their market presence by adding more Modern Trade outlets, E-commerce portals and just dial to promote the sales of various value added products. The Company has rationalized the prices of Mattress and enhanced the dealer engagement programs to further enhance the market share in South, West & East. In the current financial year the Company plans to enhance its range of rubberized coir, foam and spring Mattress which will serve the comfort, back support for the spine and wellness factors sought by our esteemed customers. The company is in process to partner with digital Payment/Wallet companies to further improve customer experience both in Online and Offline Channel. Nilkamal is optimistic on a revival in demand for material handling products, going forward, supported by various initiatives (like “Swachh Bharat Abhiyan”) taken by the newly formed government at the Centre.