BSE:523385

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Executive Summary

Nilkamal Limited, together with its subsidiaries, manufactures and sells plastic products primarily in India. More Details


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Nilkamal's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 523385 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.02%

523385

1.6%

IN Packaging

-0.4%

IN Market


1 Year Return

9.5%

523385

35.8%

IN Packaging

2.3%

IN Market

Return vs Industry: 523385 underperformed the Indian Packaging industry which returned 35.8% over the past year.

Return vs Market: 523385 exceeded the Indian Market which returned 2.3% over the past year.


Shareholder returns

523385IndustryMarket
7 Day0.02%1.6%-0.4%
30 Day-0.3%3.4%3.3%
90 Day10.2%17.1%6.7%
1 Year10.8%9.5%37.8%35.8%4.0%2.3%
3 Year-15.7%-18.3%-17.6%-20.6%0.6%-4.1%
5 Year33.4%27.7%43.0%35.1%42.3%31.8%

Price Volatility Vs. Market

How volatile is Nilkamal's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Nilkamal undervalued compared to its fair value and its price relative to the market?

23.85x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 523385 (₹1311.8) is trading above our estimate of fair value (₹626.85)

Significantly Below Fair Value: 523385 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 523385 is poor value based on its PE Ratio (23.9x) compared to the IN Packaging industry average (9.6x).

PE vs Market: 523385 is poor value based on its PE Ratio (23.9x) compared to the Indian market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: 523385 is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: 523385 is overvalued based on its PB Ratio (1.9x) compared to the IN Packaging industry average (0.7x).


Next Steps

Future Growth

How is Nilkamal forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

62.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 523385's forecast earnings growth (62.1% per year) is above the savings rate (7.2%).

Earnings vs Market: 523385's earnings (62.1% per year) are forecast to grow faster than the Indian market (25.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 523385's revenue (18.1% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: 523385's revenue (18.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 523385's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Nilkamal performed over the past 5 years?

0.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 523385 has high quality earnings.

Growing Profit Margin: 523385's current net profit margins (4.2%) are lower than last year (5%).


Past Earnings Growth Analysis

Earnings Trend: 523385's earnings have grown by 0.6% per year over the past 5 years.

Accelerating Growth: 523385's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 523385 had negative earnings growth (-28.7%) over the past year, making it difficult to compare to the Packaging industry average (-13.8%).


Return on Equity

High ROE: 523385's Return on Equity (8%) is considered low.


Next Steps

Financial Health

How is Nilkamal's financial position?


Financial Position Analysis

Short Term Liabilities: 523385's short term assets (₹8.6B) exceed its short term liabilities (₹2.7B).

Long Term Liabilities: 523385's short term assets (₹8.6B) exceed its long term liabilities (₹2.5B).


Debt to Equity History and Analysis

Debt Level: 523385's debt to equity ratio (6.4%) is considered satisfactory.

Reducing Debt: 523385's debt to equity ratio has reduced from 32.7% to 6.4% over the past 5 years.

Debt Coverage: 523385's debt is well covered by operating cash flow (379%).

Interest Coverage: 523385's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


Next Steps

Dividend

What is Nilkamal current dividend yield, its reliability and sustainability?

1.14%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 523385's dividend (1.14%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).

High Dividend: 523385's dividend (1.14%) is low compared to the top 25% of dividend payers in the Indian market (2.3%).


Stability and Growth of Payments

Stable Dividend: 523385's dividend payments have been volatile in the past 10 years.

Growing Dividend: 523385's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (27.3%), 523385's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.9yrs

Average management tenure


CEO

Hiten Parekh (57 yo)

0.17

Tenure

₹36,591,958

Compensation

Mr. Hiten Vamanrai Parekh has been Managing Director of Nilkamal Limited since August 15, 2020 and has been its Executive Director since December 9, 1985. Mr. Parekh served as Joint Managing Director of Ni ...


CEO Compensation Analysis

Compensation vs Market: Hiten's total compensation ($USD496.74K) is above average for companies of similar size in the Indian market ($USD317.98K).

Compensation vs Earnings: Hiten's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Hiten Parekh
MD & Executive Director0.17yr₹36.59m13.95%
₹ 2.7b
Manish Parekh
President20.5yrs₹35.55m11.01%
₹ 2.1b
Nayan Parekh
President20.5yrs₹34.56m14.67%
₹ 2.9b
Paresh Mehta
Chief Financial Officerno data₹14.17mno data
Priti Dave
Company Secretary & Compliance Officerno data₹2.34mno data
Mihir Parekh
Whole Time Director0.67yr₹3.90mno data

4.9yrs

Average Tenure

49.5yo

Average Age

Experienced Management: 523385's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hiten Parekh
MD & Executive Director0.17yr₹36.59m13.95%
₹ 2.7b
Manish Parekh
President20.5yrs₹35.55m11.01%
₹ 2.1b
Nayan Parekh
President20.5yrs₹34.56m14.67%
₹ 2.9b
Mihir Parekh
Whole Time Director0.67yr₹3.90mno data
Krishnamurthi Venkataramanan
Independent Non-Executive Director3.92yrs₹575.00kno data
Kuttalam Ramamoorthy
Independent Non-Executive Director17yrs₹925.00kno data
Mahendra Doshi
Independent Non-Executive Director29.83yrs₹910.00k0.048%
₹ 9.4m
Hiroo Mirchandani
Independent Non-Executive Director5.92yrs₹550.00kno data
Sharad Parekh
Non-Executive Chairman0.17yr₹37.24m0.81%
₹ 158.0m
Vamanrai Parekh
Chairman Emeritus0.17yr₹840.00k0.89%
₹ 173.8m
Mufazzal Federal
Independent Non-Executive Director9.75yrs₹910.00kno data
Sarvadaman Palekar
Independent Non-Executive Director8.5yrs₹550.00kno data

9.1yrs

Average Tenure

70yo

Average Age

Experienced Board: 523385's board of directors are considered experienced (9.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Nilkamal Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nilkamal Limited
  • Ticker: 523385
  • Exchange: BSE
  • Founded: 1934
  • Industry: Metal and Glass Containers
  • Sector: Materials
  • Market Cap: ₹19.514b
  • Shares outstanding: 14.92m
  • Website: https://www.nilkamal.com

Location

  • Nilkamal Limited
  • Nilkamal House
  • Plot 77/78
  • Mumbai
  • Maharashtra
  • 400093
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
523385BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2001
NILKAMALNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2001

Biography

Nilkamal Limited, together with its subsidiaries, manufactures and sells plastic products primarily in India. It operates in two segments, Plastics; and Lifestyle Furniture, Furnishings and Accessories. Th ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 13:06
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.