Nilkamal Limited
Promoted by Vamanrai Parekh and Sharad Parekh, NKL was incorporated in 1985. NKL manufactures and markets injectionmoulded, roto-moulded, blow-moulded plastic products in India and abroad. NKL’s business can broadly be divided into two segments - pla...
Key Metrics
EPS
82.05
Current ratio
2.79
Debt/Equity
0.35
Debt/EBITDA
1.57
Interest coverage ratio
5.01
Operating Cashflow to total debt
0.50
Financials
Pros & Cons
Exclusive on TAP Bonds
Here's what we like about this company and potential risks we have identified.
Pros
Well-established and experienced promoters
Strong market position in moulded plastic industry
Wide distribution network
Stable total operating income and moderate operating margins
Comfortable leverage and debt coverage indicators
Healthy cashflow generation despite working capital intensive operations
Liquidity: Strong
Cons
Profitability margins susceptible to raw material price volatility and working capital intensive business
Susceptible to foreign exchange rates fluctuation
Susceptible to high competition in moulded plastic industry
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About Nilkamal Limited bond.
This comprehensive profile covers key factual information about Nilkamal Limited. Promoted by Vamanrai Parekh and Sharad Parekh, NKL was incorporated in 1985. NKL manufactures and markets injectionmoulded, roto-moulded, blow-moulded plastic products in India and abroad. NKL’s business can broadly be divided into two segments - plastics division and lifestyle furniture, furnishing, and accessories division. NKL is one of the major players in moulded plastic products and material handling segments. NKL’s manufacturing facilities are in West Bengal, Dadra and Nagar Haveli, Jammu and Kashmir, Uttar Pradesh, Puducherry, Maharashtra, Tamil Nadu and Haryana. Nilkamal Storage Systems Private Limited, earlier the wholly owned subsidiary, has been amalgamated with the company effective from April 22, 2023. The appointed date of amalgamation is October 01, 2022. EPS in Mar-2024 was 82.05. Current ratio in Mar-2024 was 2.79. Debt/Equity in Mar-2024 was 0.35. Debt/EBITDA in Mar-2024 was 1.57. Interest coverage ratio in Mar-2024 was 5.01. Operating Cashflow to total debt in Mar-2024 was 0.50. Total revenue for Mar-2025(E) was ₹3,509.64. Net income for Mar-2025(E) stood at ₹152.07. Total assets as of Mar-2024 were ₹2,220.82. Operating cash flow for Mar-2024 was ₹250.08. The company’s borrowing relationships include DBS Bank India Limited (₹N/A Cr), IDBI Bank Limited (₹N/A Cr), State Bank of India (₹N/A Cr), Union Bank of India (₹N/A Cr), DBS Bank India Limited (₹N/A Cr), IDBI Bank Limited (₹N/A Cr), State Bank of India (₹N/A Cr), Union Bank of India (₹N/A Cr), State Bank of India (₹N/A Cr), Union Bank of India (₹N/A Cr), IDBI Bank Limited (₹N/A Cr), State Bank of India (₹N/A Cr), Union Bank of India (₹N/A Cr). Peers and comparison entities consist of Nilkamal Limited, Supreme Industries Limited, Time Technoplast Limited, Xpro India Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Well-established and experienced promoters; Strong market position in moulded plastic industry; Wide distribution network; Stable total operating income and moderate operating margins; Comfortable leverage and debt coverage indicators; Healthy cashflow generation despite working capital intensive operations; Liquidity: Strong. Key risks include: Profitability margins susceptible to raw material price volatility and working capital intensive business; Susceptible to foreign exchange rates fluctuation; Susceptible to high competition in moulded plastic industry. Leadership team details include Mr.Sharad V Parekh (Chairman), Mr.Vamanrai V Parekh (Chairman Emeritus), Mr.Mufazzal S Federal (Director), Mr.K R Ramamoorthy (Director), Mr.Mahendra V Doshi (Director), Mr.Ashok Kumar Goel (Director), Mr.S K Palekar (Director), Mr.K Venkataramanan (Director), Ms.Kavita R Shah (Director), Mr.Abhay Jadeja (Director), Mr.Nayan S Parekh (Executive Director), Mr.Manish V Parekh (Joint Managing Director), Mr.Hiten V Parekh (Managing Director), Mr.Paresh B Mehta (Chief Financial Officer), Ms.Priti P Dave (Company Secretary & Compliance Officer). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.