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Nilkamal Ltd

NSE: NILKAMAL BSE: 523385

₹2050.80

(1.28%)

Sun, 13 Sept 2026, 08:46 am

MTF 5xInvest in Nilkamal Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)3066.13

PE Ratio24.55

Dividend0.97

Consumer Durables

Home Furnishings

24.5K

Nilkamal Analysis

dividend

Pros

Dividends per share have increased over the past 10 years.
Dividends paid are thoroughly covered by earnings (7.2x coverage).
Dividends after 3 years are expected to be thoroughly covered by earnings (7.5x coverage).
Nilkamal's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).

Cons

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Nilkamal's dividend is below the markets top 25% of dividend payers in India (3.08%).

future

Pros

Nilkamal's earnings growth is expected to exceed the low risk savings rate of 7.2%.
Nilkamal's earnings are expected to exceed the low risk growth rate next year.
Performance (ROE) is expected to be above the current IN Packaging industry average.
Nilkamal's revenue growth is expected to exceed the India market average.

Cons

Cash flow for Nilkamal is expected to decrease over the next 2 years.
Nilkamal's earnings are expected to grow by 12.3% yearly, however this is not considered high growth (20% yearly).
Nilkamal's earnings growth is positive but not above the India market average.
Nilkamal's net income is expected to increase but not above the 50% threshold in 2 years time.
Nilkamal is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
A decline in Nilkamal's performance (ROE) is expected over the next 3 years.
Nilkamal's revenue is expected to increase but not above the 50% threshold in 2 years time.
Nilkamal's revenue is expected to grow by 8.2% yearly, however this is not considered high growth (20% yearly).

health

Pros

Nilkamal is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Nilkamal is profitable, therefore cash runway is not a concern.
Nilkamal is profitable, therefore cash runway is not a concern.
Debt is well covered by operating cash flow (436.6%, greater than 20% of total debt).
Debt is covered by short term assets, assets are 14.1x debt.
Nilkamal's cash and other short term assets cover its long term commitments.
The level of debt compared to net worth has been reduced over the past 5 years (45.4% vs 6.1% today).
Interest payments on debt are well covered by earnings (EBIT is 11.6x coverage).
Nilkamal's level of debt (6.1%) compared to net worth is satisfactory (less than 40%).

Cons

High level of physical assets or inventory.

management

Pros

The average tenure for the Nilkamal board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Hiten's compensation has been consistent with company performance over the past year, both up more than 20%.
More shares have been bought than sold by Nilkamal individual insiders in the past 3 months.
The tenure for the Nilkamal management team is about average.

Cons

Hiten's remuneration is higher than average for companies of similar size in India.

misc

Pros

Cons

Nilkamal is covered by less than 3 analysts.

past

Pros

Nilkamal's 1-year earnings growth exceeds its 5-year average (18.1% vs 10.8%)
Nilkamal's year on year earnings growth rate has been positive over the past 5 years.
Nilkamal used its assets more efficiently than the IN Packaging industry average last year based on Return on Assets.
Nilkamal's earnings growth has exceeded the IN Packaging industry average in the past year (18.1% vs 16.2%).

Cons

Nilkamal's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Nilkamal has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

value

Pros

Nilkamal is good value based on expected growth next year.
523385 outperformed the Packaging industry which returned -14.7% over the past year.
523385 outperformed the Market in India which returned -14.5% over the past year.

Cons

Nilkamal's share price is below the future cash flow value, but not at a moderate discount (< 20%).
Nilkamal's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Nilkamal is overvalued based on assets compared to the IN Packaging industry average.
Nilkamal is overvalued based on earnings compared to the IN Packaging industry average.
Nilkamal is overvalued based on earnings compared to the India market.
BSE:523385 is up 5.2% underperforming the Packaging industry which returned 6.3% over the past month.
BSE:523385 is up 5.2% underperforming the market in India which returned 8% over the past month.