Nilkamal Limited 40th AGM Notice and FY 2025-26 Financial Results

Annual General Meeting Details

Nilkamal Limited will hold its 40th Annual General Meeting on July 17, 2026 at 11:00 AM IST through video conferencing. Key agenda items include adoption of audited financial statements, declaration of final dividend of ₹20 per equity share (200%), reappointment of director Mr. Manish V. Parekh, and ratification of remuneration for cost auditors M/s. V. B. Modi & Associates for FY 2026-27. The record date is set for July 10, 2026, with book closure from July 11-17, 2026.

Financial Performance Highlights

Standalone Performance (FY 2025-26):

  • Revenue from Operations: ₹3,686.39 crore (13.80% growth from FY 2024-25)
  • EBITDA: ₹320.23 crore (13.98% growth)
  • Profit Before Tax: ₹134.92 crore (after exceptional items of ₹15.41 crore)
  • Profit After Tax: ₹105.13 crore (15.2% growth)
  • Earnings Per Share: ₹70.45
  • Final Dividend Recommended: ₹20 per share

Consolidated Performance (FY 2025-26):

  • Revenue from Operations: ₹3,778.06 crore (14.05% growth)
  • Profit Before Tax: ₹151.54 crore
  • Profit After Tax: ₹116.07 crore
  • Earnings Per Share: ₹77.45

Exceptional Item and Operational Metrics

The company recognized an exceptional item of ₹15.41 crore towards incremental provision for Gratuity and Leave liability due to implementation of new Labor Codes effective November 21, 2025. Segment-wise, Material Handling Products contributed ₹305.44 crore revenue (89.2% of total) while Furniture segment generated ₹72.37 crore revenue (10.8% of total). Geographically, India operations accounted for 95.8% of revenue.

Subsidiaries and Joint Ventures

Nilkamal maintains four subsidiaries:

1. Nilkamal Eswaran Plastics Private Limited (Sri Lanka) - 96.28% ownership

2. Nilkamal Eswaran Marketing Private Limited (Sri Lanka) - 96.28% ownership

3. Nilkamal Crates and Bins FZE (UAE) - 100% ownership

4. Nilkamal Foundation (India) - 100% ownership

Joint Venture: Cambro Nilkamal Private Limited - 50% ownership with carrying value of ₹4,800.80 lakhs

Corporate Governance and Compliance

The Board comprises Mr. Sharad V. Parekh (Chairman), Mr. Hiten V. Parekh (Managing Director), and Mr. Manish V. Parekh and Mr. Nayan S. Parekh (Joint Managing Directors). The company has complied with SEBI regulations and Companies Act 2013 provisions, with no material penalties imposed during the year. Credit ratings were reaffirmed at CARE AA (Stable) for long-term and CARE A1+ for short-term instruments.

Capital Structure and Investments

  • Authorized Share Capital: ₹300 lakh
  • Paid-up Share Capital: ₹149.23 lakh (1,49,22,525 equity shares)
  • Dematerialized Shares: 99.62% of total share capital
  • Gross Block: ₹188.36 crore with additions of ₹24.91 crore during the year
  • Current Investments: ₹22.15 crore in liquid funds