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Nilkamal Ltd transformed from Plastic Furniture to Complete Furniture Solution Provider for Home Furniture, Office Furniture, etc., in various materials and upholstered products.
Nilkamal Limited has informed the Exchange about Action(s) taken or orders passed
Nilkamal's Q1 PAT surged 145% to ₹23 Cr despite 8% revenue drop. Raw material costs impacted B2B volume (down 37%), but Retail & E-commerce grew 13% to ₹104 Cr and became profitable. Net borrowing significantly reduced to ₹116 Cr.
Nilkamal's non-plastic furniture sales now exceed plastic. Revenue grew 14% to ₹3,686 Cr; PAT rose to ₹105 Cr despite a one-time charge. Board proposed a ₹20/share dividend. Company invested ₹144 Cr in expansion, maintaining a net cash surplus.
Nilkamal's 40th AGM approved audited financial results for FY26. Shareholders also sanctioned a final dividend of Rs. 20 per equity share and re-appointed Mr. Manish V. Parekh as a director. All resolutions passed with strong majority.
Nilkamal's RTA confirms smooth processing of all share dematerialization requests for the past quarter. This highlights robust compliance and efficient share registry management, ensuring proper listing.