Let's break down Nilkamal Ltd. (NILKAMAL) — from its financial performance to how the market is valuing the stock.
Nilkamal Revenue Trend
Year-over-year, Nilkamal Ltd. grew revenue by 3.2% — from ₹3,210 Cr in FY2024 to ₹3,313 Cr in FY2025.
Nilkamal Ltd.'s revenue compounded at 5.7% over 10 years — not a breakout compounder, but steady enough to suggest a stable business.
Nilkamal Ltd. is a mid-sized plastic and plastic products company by revenue, with a top line of ₹3,313 Cr.
Looking at the year-on-year numbers, Nilkamal Ltd. has seen 4 years of unbroken revenue growth.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹3,313 Cr | +3.2% |
| FY2024 | ₹3,210 Cr | +2.2% |
| FY2023 | ₹3,142 Cr | +14.6% |
| FY2022 | ₹2,742 Cr | +30.1% |
| FY2021 | ₹2,108 Cr | — |
View Nilkamal Ltd.'s full 10-year revenue trend with CAGR analysis →
Nilkamal Profitability
Earnings pressure was evident — Nilkamal Ltd.'s net profit fell 12.8% to ₹107 Cr in FY2025.
Margin pressure was evident, with net margin declining to 3.2% from 3.8%.
Diluted EPS stood at ₹71.32 in FY2025, compared to ₹81.92 in FY2024.
Is Nilkamal Undervalued
Based on the P/E Ratio model, Nilkamal Ltd.'s fair value works out to ₹1,753 — 39.5% upside from where it trades today.
Nilkamal Ltd. shares are currently trading at ₹1,257.20.
Craytheon also calculates intrinsic value using the EPS Growth model. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹1,753 | 39.5% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
See all valuation models for Nilkamal Ltd. with detailed assumptions →
Nilkamal Shareholding Pattern
The promoter group has maintained its 64.5% holding through the last 4 quarters.
Foreign institutional investors (FIIs) held 1.0% as of March 2026, down from 1.0% a year ago.
DII holding is at 13.7%, down from 14.4% in the year-ago quarter.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 64.5% | 1.0% | 13.7% | 20.8% |
| Dec 2025 | 64.5% | 1.0% | 14.2% | 20.2% |
| Sep 2025 | 64.5% | 1.0% | 14.3% | 20.1% |
| Jun 2025 | 64.5% | 1.0% | 14.4% | 20.1% |
Track quarterly shareholding changes for Nilkamal Ltd. →
Nilkamal Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2025 total assets: ₹25.44B (up 14.6% YoY from ₹22.21B).
Top categories: Property, Plant & Equipment (39.5%), Inventories (27.1%), Receivables (18.2%).
Of the ₹25.44B in liabilities and equity, 58.5% is shareholder equity, 20.9% is interest-bearing debt, and 20.6% is operating liabilities. Over the year, debt is up 30.7% and equity is up 5.5%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 1.41B |
| Receivables | 4.62B |
| Inventories | 6.89B |
| Property, Plant & Equipment | 10.04B |
| Investments | 451.11M |
| Intangibles & Goodwill | 68.64M |
| Other Assets | 1.97B |
| Category | Value |
|---|---|
| Equity | 14.88B |
| Short-term Debt | 1.84B |
| Long-term Debt | 3.46B |
| Trade Payables | 2.97B |
| Other Liabilities | 2.28B |
Nilkamal Stock Analysis
Bringing the key threads together for Nilkamal Ltd. (NILKAMAL) as a plastic and plastic products investment opportunity.
Revenue of ₹3,313 Cr in FY2025, up 3.2% year-over-year.
Long-term revenue has been compounding at 5.7% annually over 10 years.
The company is profitable, with a net margin of 3.2% and net income of ₹107 Cr.
The P/E Ratio model implies 39.5% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Want to dig deeper? Craytheon's platform provides 10 years of financial data, three valuation models, and insider trading activity for Nilkamal Ltd..