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Nilkamal

BSE:523385
Snowflake Description

Flawless balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
523385
BSE
₹17B
Market Cap
  1. Home
  2. IN
  3. Materials
Company description

Nilkamal Limited, together with its subsidiaries, manufactures and sells plastic products primarily in India. The last earnings update was 11 days ago. More info.


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523385 Share Price and Events
7 Day Returns
2.6%
BSE:523385
3.8%
IN Packaging
3.5%
IN Market
1 Year Returns
-29.6%
BSE:523385
-25.9%
IN Packaging
-0.9%
IN Market
523385 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Nilkamal (523385) 2.6% -16% -7.4% -29.6% -3% 276.5%
IN Packaging 3.8% -5.2% 12% -25.9% 8.1% 106.5%
IN Market 3.5% -2.6% 7.2% -0.9% 37.9% 44%
1 Year Return vs Industry and Market
  • 523385 underperformed the Packaging industry which returned -25.9% over the past year.
  • 523385 underperformed the Market in India which returned -0.9% over the past year.
Price Volatility
523385
Industry
5yr Volatility vs Market

523385 Value

 Is Nilkamal undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Nilkamal to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Nilkamal.

BSE:523385 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 15.3%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:523385
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Packaging Unlevered Beta Simply Wall St/ S&P Global 0.84
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.842 (1 + (1- 35%) (3.03%))
0.905
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.91
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.905 * 8.6%)
15.33%

Discounted Cash Flow Calculation for BSE:523385 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Nilkamal is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:523385 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 15.33%)
2019 508.00 Est @ 10.14% 440.47
2020 555.57 Est @ 9.36% 417.67
2021 604.57 Est @ 8.82% 394.08
2022 655.59 Est @ 8.44% 370.52
2023 709.17 Est @ 8.17% 347.52
2024 765.80 Est @ 7.99% 325.37
2025 825.96 Est @ 7.85% 304.28
2026 890.08 Est @ 7.76% 284.31
2027 958.61 Est @ 7.7% 265.49
2028 1,031.99 Est @ 7.65% 247.81
Present value of next 10 years cash flows ₹3,397.50
BSE:523385 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹1,031.99 × (1 + 7.55%) ÷ (15.33% – 7.55%)
₹14,259.68
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹14,259.68 ÷ (1 + 15.33%)10
₹3,424.17
BSE:523385 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹3,397.50 + ₹3,424.17
₹6,821.67
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹6,821.67 / 14.92
₹457.14
BSE:523385 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹457.14
Current discount Discount to share price of ₹1,163.80
= -1 x (₹1,163.80 - ₹457.14) / ₹457.14
-154.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Nilkamal is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Nilkamal's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Nilkamal's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:523385 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹78.63
BSE:523385 Share Price ** BSE (2019-05-22) in INR ₹1163.8
India Packaging Industry PE Ratio Median Figure of 47 Publicly-Listed Packaging Companies 10.05x
India Market PE Ratio Median Figure of 2,756 Publicly-Listed Companies 15.41x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Nilkamal.

BSE:523385 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:523385 Share Price ÷ EPS (both in INR)

= 1163.8 ÷ 78.63

14.8x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nilkamal is overvalued based on earnings compared to the IN Packaging industry average.
  • Nilkamal is good value based on earnings compared to the India market.
Price based on expected Growth
Does Nilkamal's expected growth come at a high price?
Raw Data
BSE:523385 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.8x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
India Packaging Industry PEG Ratio Median Figure of 7 Publicly-Listed Packaging Companies 0.62x
India Market PEG Ratio Median Figure of 559 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Nilkamal, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Nilkamal's assets?
Raw Data
BSE:523385 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹630.73
BSE:523385 Share Price * BSE (2019-05-22) in INR ₹1163.8
India Packaging Industry PB Ratio Median Figure of 59 Publicly-Listed Packaging Companies 0.98x
India Market PB Ratio Median Figure of 3,637 Publicly-Listed Companies 1.03x
BSE:523385 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:523385 Share Price ÷ Book Value per Share (both in INR)

= 1163.8 ÷ 630.73

1.85x

* Primary Listing of Nilkamal.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nilkamal is overvalued based on assets compared to the IN Packaging industry average.
X
Value checks
We assess Nilkamal's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Packaging industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Packaging industry average (and greater than 0)? (1 check)
  5. Nilkamal has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

523385 Future Performance

 How is Nilkamal expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.9%
Expected Packaging industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Nilkamal expected to grow at an attractive rate?
  • Unable to compare Nilkamal's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Nilkamal's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Nilkamal's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:523385 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Packaging Industry Earnings Growth Rate Market Cap Weighted Average 16.9%
India Packaging Industry Revenue Growth Rate Market Cap Weighted Average 11.3%
India Market Earnings Growth Rate Market Cap Weighted Average 17.1%
India Market Revenue Growth Rate Market Cap Weighted Average 10.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:523385 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:523385 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-03-31 26,315 1,210 1
BSE:523385 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 23,624 1,173
2018-03-31 21,240 1,199 1,235
2017-03-31 20,240 1,115 1,225

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Nilkamal is high growth as no earnings estimate data is available.
  • Unable to determine if Nilkamal is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:523385 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Nilkamal Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:523385 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-03-31 81.10 81.10 81.10 1.00
BSE:523385 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 78.63
2018-03-31 82.74
2017-03-31 82.11

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Nilkamal will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Nilkamal's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Nilkamal has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

523385 Past Performance

  How has Nilkamal performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Nilkamal's growth in the last year to its industry (Packaging).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Nilkamal's year on year earnings growth rate has been positive over the past 5 years.
  • Nilkamal's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Nilkamal's 1-year earnings growth is negative, it can't be compared to the IN Packaging industry average.
Earnings and Revenue History
Nilkamal's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Nilkamal Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:523385 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 23,623.64 1,173.33 1,866.63
2018-03-31 21,240.44 1,234.70 2,681.34
2017-03-31 20,239.62 1,225.33 2,383.41
2016-03-31 19,264.58 1,140.64 2,118.11
2015-03-31 18,945.89 504.77 1,969.46
2014-03-31 17,417.67 470.45 2,985.29
2013-03-31 17,021.87 371.39 2,928.91

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Nilkamal has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Nilkamal used its assets more efficiently than the IN Packaging industry average last year based on Return on Assets.
  • Nilkamal's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Nilkamal's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Packaging industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Nilkamal has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

523385 Health

 How is Nilkamal's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Nilkamal's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Nilkamal is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Nilkamal's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Nilkamal's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 15.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Nilkamal Company Filings, last reported 1 month ago.

BSE:523385 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 9,484.14 514.33 176.16
2018-03-31 8,558.13 931.66 223.22
2017-03-31 7,491.56 829.54 172.63
2016-03-31 6,347.24 1,050.04 252.58
2015-03-31 5,311.95 2,090.32 258.65
2014-03-31 4,921.44 3,240.15 271.33
2013-03-31 4,495.38 4,084.59 273.91
  • Nilkamal's level of debt (5.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (65.8% vs 5.4% today).
  • Debt is well covered by operating cash flow (233.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 10.2x coverage).
X
Financial health checks
We assess Nilkamal's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Nilkamal has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

523385 Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.12%
Current annual income from Nilkamal dividends.
If you bought ₹2,000 of Nilkamal shares you are expected to receive ₹22 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Nilkamal's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.54%).
  • Nilkamal's dividend is below the markets top 25% of dividend payers in India (2.03%).
Upcoming dividend payment

Purchase Nilkamal before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:523385 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
India Packaging Industry Average Dividend Yield Market Cap Weighted Average of 26 Stocks 1.1%
India Market Average Dividend Yield Market Cap Weighted Average of 1407 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:523385 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2020-03-31
BSE:523385 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-05-13 13.000 1.139
2018-10-29 13.000 0.922
2018-05-11 13.000 0.763
2017-11-10 11.000 0.634
2017-08-10 14.000 0.882
2017-05-11 11.000 0.570
2016-11-07 8.000 0.492
2016-05-16 2.500 0.195
2015-11-05 5.000 0.439
2015-07-08 4.500 0.494
2015-05-13 4.500 0.833
2014-09-08 4.000 0.980
2013-07-15 4.000 2.483
2012-08-06 4.000 2.098
2011-08-04 4.000 1.761
2010-07-16 6.000 1.874
2010-05-17 6.000 2.264
2010-01-21 4.000 1.604
2009-06-15 2.000 1.682
2009-06-01 2.000 2.203

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Nilkamal's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (6x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Nilkamal's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Nilkamal afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Nilkamal has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

523385 Management

 What is the CEO of Nilkamal's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Hiten Parekh
COMPENSATION ₹35,719,990
AGE 55
TENURE AS CEO 3.5 years
CEO Bio

Mr. Hiten V. Parekh has been Joint Managing Director of Nilkamal Limited since November 2, 2015 and has been its Executive Director since December 9, 1985. Mr. Parekh is an Industrialist with enriched and Diverse experience in Corporate Management. He holds B.Com, Diploma in Quality System and Management.

CEO Compensation
  • Hiten's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Hiten's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Nilkamal management team in years:

3.5
Average Tenure
52
Average Age
  • The tenure for the Nilkamal management team is about average.
Management Team

Hiten Parekh

TITLE
Joint MD & Executive Director
COMPENSATION
₹36M
AGE
55
TENURE
3.5 yrs

Sharad Parekh

TITLE
MD & Executive Director
COMPENSATION
₹36M
AGE
73
TENURE
3.5 yrs

Manish Parekh

TITLE
President
COMPENSATION
₹34M
AGE
49
TENURE
3.5 yrs

Nayan Parekh

TITLE
President
COMPENSATION
₹33M
AGE
46
TENURE
3.5 yrs

Paresh Mehta

TITLE
Chief Financial Officer
COMPENSATION
₹13M

Priti Dave

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹2M
Board of Directors Tenure

Average tenure and age of the Nilkamal board of directors in years:

19.1
Average Tenure
68
Average Age
  • The average tenure for the Nilkamal board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Vamanrai Parekh

TITLE
Chairman
COMPENSATION
₹330K

Hiten Parekh

TITLE
Joint MD & Executive Director
COMPENSATION
₹36M
AGE
55
TENURE
33.4 yrs

Sharad Parekh

TITLE
MD & Executive Director
COMPENSATION
₹36M
AGE
73
TENURE
28.9 yrs

Manish Parekh

TITLE
President
COMPENSATION
₹34M
AGE
49
TENURE
19.1 yrs

Nayan Parekh

TITLE
President
COMPENSATION
₹33M
AGE
46
TENURE
19.1 yrs

Ram Ramamoorthy

TITLE
Independent Non-Executive Director
COMPENSATION
₹380K
AGE
78
TENURE
15.6 yrs

Mahendra Doshi

TITLE
Independent Non-Executive Director
COMPENSATION
₹370K
AGE
69
TENURE
28.4 yrs

Mufazzal Federal

TITLE
Independent Non-Executive Director
COMPENSATION
₹370K
AGE
68
TENURE
8.3 yrs

S. Palekar

TITLE
Independent Non-Executive Director
COMPENSATION
₹230K
AGE
69
TENURE
7.1 yrs

Hiroo Mirchandani

TITLE
Independent Non-Executive Director
COMPENSATION
₹230K
AGE
57
TENURE
4.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Nilkamal's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Nilkamal has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

523385 News

Simply Wall St News

523385 Company Info

Description

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. The company offers various material handling products, including crates, pallets, ice boxes and fish tubs, vaccine carriers, hospitality products, waste management tools, road safety products, metal shelving and racking products, and material handling equipment. It also provides living room, bedroom, home utility, office, plastic, kids, and café and banquet furniture products; dining table sets; school furniture, waste management, and water and sanitation products; storage solutions; metal chairs/office chairs; coir, spring, orthopedic, and foam mattresses; and pillows. In addition, the company operates 17 retail stores under the @home brand name. The company sells its products through retail stores, dealers’ outlets, institutions, and online shopping sites. It also exports its products to approximately 30 countries. Nilkamal Limited was founded in 1934 and is based in Mumbai, India.

Details
Name: Nilkamal Limited
523385
Exchange: BSE
Founded: 1934
₹16,976,610,566
14,922,525
Website: http://www.nilkamal.com
Address: Nilkamal Limited
Nilkamal House,
Plot 77/78,
Mumbai,
Maharashtra, 400093,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 523385 Equity Shares Mumbai Stock Exchange IN INR 31. Dec 2001
NSEI NILKAMAL Equity Shares National Stock Exchange of India IN INR 31. Dec 2001
Number of employees
Current staff
Staff numbers
0
Nilkamal employees.
Industry
Metal and Glass Containers
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 12:36
End of day share price update: 2019/05/22 00:00
Last estimates confirmation: 2019/05/11
Last earnings filing: 2019/05/11
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.