Nilkamal Standalone September 2022 Net Sales at Rs 760.53 crore, up 10.38% Y-o-Y

The Forbes India Tycoons of Tomorrow award felicitated 26 changemakers across industries such as Rahul Garg of Moglix, Hiten Parekh of Nilkamal, Hemit Gandhi of Mutual Automotive, and Ashwin Damera of Eruditus, among others.

Tycoons of Tomorrow: Alia Bhatt to Mamaearth’s Ghazal Alagh, the emerging talents of 2022

Plastic furniture has a small market size, while in non-plastic furniture the opportunity size is significant.

Nilkamal — Aims To Scale Up Non-Plastic Furniture Vigorously: Anand Rathi

Anand Rathi is bullish on Nilkamal has recommended buy rating on the stock with a target price of Rs 2985 in its research report dated September 26, 2022.

Buy Nilkamal; target of Rs 2985: Anand Rathi

New Delhi CPI (Maoist) activist Samrat Chakraborty alias “Nilkamal Sikdar” was arrested in West Beng

Senior CPI (Maoist) member arrested in West Bengal: NIA

Nilkamal jumped 7.93% to Rs 2156.20 after the company’s consolidated net profit surged to Rs 28.66 crore in Q1 June 2022 as against Rs 1.68 crore in Q1 June 2021.

Nilkamal rallies after Q1 PAT spurts to Rs 29 cr

Nilkamal Standalone June 2022 Net Sales at Rs 704.95 crore, up 56.73% Y-o-Y

Apcotex Industries Ltd, Mayur Uniquoters Ltd, Mahindra Logistics Ltd and VRL Logistics Ltd are among the other gainers in the BSE’s ‘A’ group today, 23 May 2022.

Nilkamal Ltd leads gainers in ‘A’ group

Nilkamal Ltd recorded volume of 3373 shares by 10:47 IST on BSE, a 19.14 times surge over two-week average daily volume of 176 shares

Volumes soar at Nilkamal Ltd counter

Its EBITDA for Q3 FY’22 was reported at Rs63.48 crore against Rs97.76 crore for Q3 FY’21, declining 35.07% yoy.

Nilkamal logs 19% yoy rise in total income to Rs672.33 crore during Q3FY22, PAT declines over 54% yoy

The company’s share prices witnessed a sudden boost on 11-January-2022, traded at higher levels of Rs 2651/share

Nilkamal’s trading volume spurts, issues clarification

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Nilkamal Limited is engaged in the manufacturing of plastic products and retail sales. The Company's segments are Plastics, Lifestyle Furniture, mass housing and mattresses.

Nilkamal Ltd