Nilkamal Share Price

Nilkamal Limited is a leading manufacturer of plastic and metal furniture and material handling products in India. The company supplies a comprehensive range of products including plastic molded furniture, metal furniture, mattresses, and material handling crates and pallets under the Nilkamal and Crest brands. Nilkamal operates a vast network of manufacturing facilities and retail outlets, making it one of India’s largest furniture manufacturers. The Nilkamal share price on the NSE and BSE is a reflection of how market participants respond to a performance and broader business developments within its industry. It captures the company’s sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries.

Market sentiment around the Nilkamal stock price often mirrors shifts in furniture consumption patterns, demand from urban and semi-urban households, and investor views on the consumer durables sector’s growth prospects. Factors such as the pace of retail expansion, competitive intensity from other furniture manufacturers, raw material price fluctuations, and government policies on housing and infrastructure influence near-term market valuation and medium-term earnings forecasts. All these factors must be closely monitored to have an idea about the Nilkamal stock price movements.

Nilkamal live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant monitoring of Nilkamal live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the Nilkamal share price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

Nilkamal Limited Company Fundamentals

a. Company Background

Nilkamal Limited was incorporated in 1985. The company’s registered office is located in Mumbai, Maharashtra. Nilkamal is a part of the Nilkamal group, which began its journey in 1954 as a trading firm. The company is principally engaged in the manufacturing of plastic and metal furniture and material handling products. It operates through two segments: Plastics and Material Handling, and Furniture, Lifestyle and others. The company’s activities include Nilkamal Furniture, Nilkamal Crates and Pallets, Nilkamal Mattress, and @home – the retail format. Nilkamal Ltd is one of the largest players in the Indian furniture industry with 18 manufacturing plants across India and more than 350 Nilkamal and 50 @home stores. Over the years, Nilkamal has significantly expanded its product portfolio and retail footprint. It operates in a competitive environment, with pricing and distribution governed by market forces and consumer preferences. The company has consistently focused on enhancing its product quality and design capabilities to meet the growing demand for furniture in India.

b. Product Lines

• Plastic molded furniture for residential and commercial use including chairs, tables, storage solutions, and outdoor furniture under the Nilkamal brand

• Metal furniture including beds, cupboards, wardrobes, sofa sets, dining tables, and utility racks

• Mattresses under the Nilkamal Mattress brand including coir, foam, and spring mattresses across orthopedic, classic, and therapeutic series

• Material handling products including crates, pallets, bins, totes, and containers for industrial and logistics applications

• Lifestyle products through the @home retail format offering home furnishings, décor, kitchenware, and dining solutions

• Furniture for educational institutions, healthcare facilities, and hospitality sectors

• Customized material handling solutions for automotive, pharmaceutical, and food processing industries

• Wire mesh partitions, safety cabinets, and industrial storage systems

c. Company Revenue Model

• Primary revenue from the Plastics and Material Handling segment, which includes manufacturing of plastic molded furniture and material handling products

• Revenue from the Furniture, Lifestyle and Others segment, which comprises metal furniture, mattresses, and retail operations

• Volume-driven revenue based on quantity of furniture and material handling products sold across retail, institutional, and industrial channels

• Pricing determined by raw material costs (plastic resins, steel), product design, brand value, and market demand

• Revenue from both retail sales through company-owned showrooms and institutional sales to corporate clients and government departments

• Expanding retail network of over 350 Nilkamal and 50 @home stores contributing to customer acquisition and revenue streams

• Focus on increasing share of high-margin lifestyle products and branded furniture to drive better profitability

• Revenue from both domestic Indian market serving customers across the country and exports to over 40 countries globally

• Raw material price fluctuations (plastic resins) and consumer spending cycles influencing revenue stability

d. Geographic Presence

• Headquartered in Mumbai, Maharashtra with registered office at 27/17, Nilkamal House, J.B. Nagar, Andheri East, Mumbai – 400059

• 18 manufacturing plants strategically located across India

• Strong domestic market presence across India with over 350 Nilkamal and 50 @home stores

• Export presence to over 40 countries globally

• Operations primarily concentrated in western India with manufacturing footprint across multiple states

• Focus on expanding into new geographical areas through retail footprint expansion

e. Key Milestones

• 1985: Incorporated as Nilkamal Limited

• 2001: Expanded into material handling solutions with crates and pallets

• 2019: Became debt-free, strengthening the balance sheet and increasing financial flexibility

• 2025: Reported net profit of ₹33 crore in Q2 FY26 on revenue of ₹948 crore, reflecting 18% year-on-year profit growth

f. Industry Perspective

Nilkamal Limited operates in the furniture and home furnishing industry, which is part of India’s consumer durables and retail sector. Globally, the furniture market continues to expand with the Asia-Pacific region being the fastest-growing market. In India, the furniture sector is poised for substantial growth. According to industry reports, the Indian furniture market was valued at USD 25 billion in 2024 and is projected to grow at a CAGR of 12-15% to reach USD 40-45 billion by 2030. The organized furniture market accounts for only 10-15% of the total market, presenting significant growth opportunities for organized players. The plastic furniture segment is growing at 10-12% annually, while the metal furniture segment is expanding at 8-10%. Demand is driven by rising disposable incomes, rapid urbanization, increasing nuclear families, growing real estate sector, and government initiatives like Housing for All. The growth in e-commerce has also expanded the reach of branded furniture to tier-2 and tier-3 cities. Key challenges include raw material price volatility (plastic resins, steel), intense competition from organized and unorganized players, and the presence of a large unorganized market accounting for 85-90% of total furniture sales.

Nilkamal Limited Stock Market Presence: Listings & Index Representation

Nilkamal is actively traded on India’s principal equity markets, with its shares listed on the National Stock Exchange of India (NSE) under the symbol NILKAMAL and on the Bombay Stock Exchange (BSE) with the scrip code 523385. Its listing on both exchanges ensures that the Nilkamal share price is accessible to a wide investor base, encompassing both retail and institutional market participants. The company forms part of several benchmark indices that represent broad market segments. Nilkamal is a constituent of BSE SmallCap, BSE Consumer Discretionary, BSE AllCap, and BSE Industrials indices. Being represented in multiple indices enhances the visibility and liquidity of the Nilkamal price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India’s furniture and consumer durables landscape. The inclusion of Nilkamal in these indices reflects its market capitalization and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the Nilkamal price to corporate and industry developments. The company’s ISIN code is INE310A01015 and face value is ₹10 per share.

Nilkamal Limited Stock Performance and Share Price History

The Nilkamal share price has exhibited significant volatility over the past decade, shaped by the company’s operations in India’s furniture sector and broader consumer durables industry cycles. The Nilkamal price recorded a total return of approximately -22.3% over the last 1 year, -10.4% over the last 3 years, -1.2% over the last 5 years, and 0.9% over the last 10 years, underperforming the BSE Small Cap index’s -8.0%, 17.8%, 20.5%, and 16.0% returns respectively over the same periods. The Nilkamal share price reached a 52-week high of ₹1,865.00 and a 52-week low of ₹1,330.70, indicating a wide trading range and substantial price fluctuations. The Nilkamal share price recorded a strong rally in 2000, delivering a substantial positive annual return of 61.9%, while the subsequent period has seen the Nilkamal price moderate and correct from its peak levels. The Nilkamal share price has shown a 1-month return of approximately -1.0% and a 3-month return of -11.7% as of April 2026, indicating recent consolidation.

The Nilkamal stock price has been particularly responsive to quarterly earnings releases and corporate announcements. When the company reported a 18% year-on-year growth in net profit to ₹33 crore in Q2 FY26, the Nilkamal price showed a positive reaction. The Nilkamal stock price has shown a pattern of strong positive momentum in years when the company’s material handling business growth exceeded expectations, while periods of earnings moderation or concerns over raw material costs have contributed to consolidation in the Kamal stock price. Corporate developments, including strategic announcements such as the expansion of e-commerce presence, the opening of new retail stores, and the company’s debt-free status, have also influenced short-term fluctuations in the Nilkamal share price. The Nilkamal share price has shown a 1-year return of approximately -22.3% as of April 2026, reflecting the significant correction from its 2024 highs. The Nilkamal share price has shown a 10-year aggregate net profit of ₹1,184.10 crore, reflecting the company’s sustained profitability over the long term. The Nilkamal share price reached its 52-week high of ₹1,865.00 before declining to its 52-week low of ₹1,330.70, reflecting the volatility inherent in the consumer durables space. The Nilkamal share price has shown a year-to-date return of approximately 0.6% as of April 2026, indicating a modest start to the current fiscal year. Comprehending these patterns in the Nilkamal price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the Nilkamal price movements illustrate how industry fundamentals, raw material price cycles, and investor expectations converge in market pricing.

The Nilkamal share price has shown distinct seasonal patterns over the past decade. The best performing year historically was 2021 with a positive return of 61.9%, while the worst year was 2025 with a negative return of -27.8%. Historically, the stock has shown positive annual returns in 4 out of the last 7 years. In terms of annual performance, the Nilkamal share price delivered returns of 61.9% in 2021, 18.6% in 2023, 15.4% in 2020, -11.0% in 2019, -22.6% in 2022, -14.4% in 2024, and -27.8% in 2025. The Nilkamal share price has demonstrated that the stock tends to perform better in periods of strong consumer demand and favourable raw material prices, while underperforming during phases of input cost volatility and intense competition. The Nilkamal stock price has shown a 3-year total return of -10.4%, indicating the challenges faced in the furniture sector in recent years. The Nilkamal stock price has shown a 5-year total return of -1.2%, reflecting near-flat performance over this period. The Nilkamal stock price has shown a 10-year total return of 0.9%, with the stock delivering a 10-year CAGR of approximately 0.09%. The Nilkamal stock price continues to trade at a significant discount from its 52-week high of ₹1,865.00, standing at around ₹1,386-1,420 levels as of April 2026.

Nilkamal Limited Investor Relevance and Role in Portfolio

Nilkamal holds a significant position for portfolio investors who seek exposure to India’s consumer durables sector with a focus on furniture and material handling products. The company’s presence as one of India’s largest furniture manufacturers aligns it with investment strategies that value domestic consumption, urbanization, and the shift from unorganized to organized furniture retail. The Nilkamal price often mirrors how these themes resonate with investor portfolios, whereby both thematic and sector specific funds monitor raw material costs, festive season demand, and retail expansion when evaluating allocation decisions.

Institutional stakeholders play a moderate role in Nilkamal’s ownership profile. As of December 2025, Promoters hold 58.35% of the company. Mutual funds hold 8.73% of the company. Key mutual fund holders include SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Nippon India Mutual Fund, and Kotak Mahindra Mutual Fund. Foreign Institutional Investors (FIIs) hold 2.08% of the company, while Domestic Institutional Investors (DIIs) hold 1.20% of the company. Insurance companies hold 1.54% of the company. Institutional investors as a whole hold 13.55% of the company as of December 2025. Retail and other shareholders hold approximately 28.11% of the company. These investors represent a blend of domestic and limited international perspectives that contribute to the stock’s market liquidity and visibility within broader investment frameworks.

Based on data, Nilkamal exhibits varying levels of beta and volatility across different measurement periods. Based on data, the long-term beta (5-year) stands at approximately 0.70, indicating that the stock is generally less volatile than the broader market over an extended period. Based on data, the daily-one month beta shows low correlation, while the daily-three month beta indicates moderate sensitivity. Based on data, the weekly-one year beta shows lower-than-market sensitivity in short-term trading. Based on data, the weekly-two year beta shows low correlation, and the 2 week-two year range beta is also low. Based on data, the monthly-two year beta continues to show moderate correlation. Supporting statistics include mean values across different periods and standard deviations indicating moderate variability. The stock is 2.86% volatile and has a beta co-efficient of 0.70. The average weekly movement stands at approximately 4-6%, which is lower than the consumer durables industry average of 5.8%. Overall, the Nilkamal price demonstrates a moderate volatility profile with beta values suggesting the stock tends to move with lower volatility compared to broader market direction over longer time frames.

The Nilkamal price has shown periods of heightened responsiveness to sector-specific news and quarterly earnings releases. The Nilkamal price’s beta reflects that the company’s established brand strength and extensive distribution network may provide some stability, though the consumer durables sector remains sensitive to raw material price fluctuations and economic cycles.

Nilkamal Limited Sectoral Relevance and Peer Positioning

The sector relevance of Nilkamal is anchored in its role within the broader Indian furniture and home furnishing industry, where it competes with other furniture manufacturers and retailers. As part of this industry, the company’s strategic positioning connects plastic and metal furniture, mattresses, and material handling products to residential, commercial, and industrial customers across India and globally. Competitors in the furniture and home furnishing segment include companies such as Godrej Interio, Wipro Furniture, Durian Industries, Evok, Home Centre, and Pepperfry. In the material handling space, competitors include Schoeller Arca Systems, Supreme Industries, and other domestic players. Firms with parallels in either product range or manufacturing scale are often referenced when evaluating relative performance and operational positioning within the sector.

In valuation terms, factors like the Nilkamal P/E ratio have shown variations over different periods. The current P/E ratio stands at approximately 20.3 across different sources, while the industry P/E stands at approximately 21.08. The mean historical P/E Ratio over the last five years has fluctuated, with the stock’s P/E ratio having changed with respect to the historical average. Periods when investors perceived improvements in profitability or earnings sustainability have corresponded with expansion in valuation multiples, whereas phases of moderation in earnings momentum or industry cyclicality have seen valuation contraction.

Similarly, Nilkamal EPS has shown variation according to how operational performance aligns with industry demand cycles and cost structures. Structural gains from capacity expansion and new product introductions supported directional improvement in earnings per share during favourable conditions, while cyclical headwinds from raw material price volatility and competitive pressures have moderated EPS momentum. Nilkamal earnings have shown a trajectory that responded to both volume growth and margin pressures over the analysed period. The diluted EPS has shown variation, with EPS of ₹70 (TTM) as of April 2026. Over a five-year period, the company demonstrated inconsistent growth in EPS, with profit growth of -10.80% CAGR over the last 5 years, but a 10-year profit CAGR of 9.09%. The company has delivered a profit growth of 18% in Q2 FY26.

Nilkamal market cap has fluctuated in line with investor perceptions of the company’s growth potential in a competitive and evolving furniture market. Over years, the Nilkamal market cap has followed a pattern of growth followed by moderation. The market cap decreased from ₹2,119-2,301 crore as of April 2026. This fluctuation mirrors the trend in the Nilkamal share price and the broader performance of the consumer durables sector relative to broader market indices.

Nilkamal earnings over the past several years have been characterised by a period of growth followed by recent moderation. Total revenue increased from ₹2,573 crore in FY2022 to ₹3,599 crore in FY2025 (TTM), representing a 5-year CAGR of approximately 10-15%. Profit After Tax increased from ₹135 crore in FY2022 to ₹104 crore in FY2025 (TTM), showing volatility in profitability. For the trailing twelve months (TTM) as of April 2026, revenue stood at ₹3,599 crore with net profit of ₹96.9 crore. For the quarter ended December 2025, net sales were ₹965.54 crore, compared to ₹971.02 crore in the previous quarter, with net profit of ₹22.16 crore.

Nilkamal EPS has shown variation over the past decade. The diluted EPS stood at ₹70 (TTM) as of April 2026, with the TTM P/E ratio at 20.3. The EPS growth rate has shown significant variation, with the company delivering a profit growth of 18% in Q2 FY26 but a decline of 16% in Q1 FY25. According to historical data, Adj EPS was ₹70 in 2026, ₹60.83 in 2025, ₹73.24 in 2024, and ₹67.26 in 2023.

The Nilkamal P/E ratio has shown fluctuations over the available period. At the end of recent fiscal years, the P/E ratio varied, with current levels at 20.3x across different sources, while the industry P/E stands at approximately 21.08x. The mean historical P/E ratio over the last five years has been in the range of 15-25x. The current P/E ratio compared to the historical average reflects that investor expectations are adjusting to near-term earnings headwinds. The Nilkamal share price has been influenced by these valuation metrics. The Nilkamal price continues to be evaluated in the context of its earnings potential and market position.

Summary

Nilkamal Limited is a leading furniture and material handling products manufacturer listed on both the NSE and BSE, where the Nilkamal share price reflects consumer demand cycles, raw material costs, and retail expansion within the consumer durables sector. Its representation on stock exchanges supports market visibility, while investor interest is shaped by earnings trends, valuation narratives, and broader furniture industry themes. Within the sector, the company’s competitive context and earnings dynamics provide key perspectives on its role in India’s furniture market.