Plastic Products company Nilkamal announced Q1FY24 results: Revenue from operations stood at Rs 769 crore in Q1FY24 as against Rs 730 crore in Q1FY23, up 5% YoY. Plastics business registered volume and value growth of 2% and 9% on a YoY basis. Records EBIDT of Rs 75 crore against Rs 71 crore in Q1FY23. PBT stood at Rs 38 crore against Rs 35 crore in Q1FY23. E-Commerce business grew to Rs 30 crore, up by 12% YoY. Result PDF
Plastic products company Nilkamal announced Q4FY23 & FY23 results: Standalone Q4FY23: The company has achieved a total turnover of Rs 816 crore during Q4FY23, as compared to Rs 721 crore of Q4FY22, a growth of 13%. EBIDT of Rs 98 crore as compared to Rs 75 crore during Q4FY22 PBT stood at Rs 60 crore and PAT stood at Rs 44 crore during Q4FY23 as against PBT of Rs 37 crore and PAT of Rs 28 crore during Q4FY22 The other income achieved during Q4FY23 was Rs 3 crore vis-a-vis Rs 15 crore during Q4FY22 Standalone FY23: The sales of the company during FY23 stood at Rs 3,079 crore as compared to Rs 2,656 crore for FY22, a growth of 16% in value terms EBIDT stood at Rs 312 crore, up by 32 % over FY22 PBT stood at Rs 163 crore vis-a-vis Rs 108 up by 51% over FY22 PAT stood at Rs 122 crore vis-a-vis Rs 82 crore up by 48% over FY22 All the verticals of the business showed strong growth except the mattress business of the company The net borrowing of the company stood at Rs 183 crore as on March 31, 2023, as against borrowing of Rs 123 crore as on March 31, 2022 During FY23, the company continued to expand on various businesses and incurred capex of Rs 198 crore The Board has further recommended a final dividend of Rs 20/- (200%) per equity share of Rs 10 for FY23 Consolidated FY23: Consolidated revenue during FY23 stood at Rs 3,130 crore as against Rs 2,730 crore in FY22, resulting in a growth of 15% PAT stood at Rs 134 crore as against Rs 83 crore in FY22 Result PDF
Plastic products company Nilkamal announced Q3FY23 results: Standalone: Registered revenue of Rs 693.64 crore, up by 3 % on YoY Plastics business exhibits value and volume growth of 5 % & 3% respectively on a YoY basis @home - the retail business achieved a turnover of Rs 58.72 crore and EBIDT of Rs 6 crore E-Commerce sales up by 24% on YoY Achieved PBT of Rs 30.96 crore and PAT of Rs 23.42 crore Result PDF
Plastic products firm Nilkamal announced Q2FY23 results: Standalone Q2FY23: The continued positive traction in B2B business enabled the company to register the highest quarterly revenue during Q2FY23 which stood at Rs 760.53 crore (plastic business Rs 669 crore, home Rs 63.34 crore, and mattresses Rs 28 crore) as compared to Rs 689 crore (plastic business Rs 606 crore, home Rs 52.38 crore, and mattress Rs 31 crore) for Q2FY22 a growth of 9% in value terms. The PBT achieved by the company during Q2FY23 stood at Rs 30.24 crore against Rs 36.76 crore during Q2FY22. Consolidated Q2FY23: Nilkamal Storage Systems Private Limited- the Company's subsidiary recorded a turnover of Rs 53.13 crore and incurred a profit of Rs 0.92 crore for Q2FY23 vs Rs 66.31 crore against a loss of Rs 1.32 crore for Q2FY22. The total racking business of the Company along with the business of the said subsidiary leaped to the extent of Rs 84.44 crore in Q2FY23 vs Rs 39.66 crore during Q2FY22, a growth of 112%. Cambro Nilkamal Limited the Company's US joint venture exhibited an uptrend and recorded a turnover of Rs 22.56 crore during Q2FY23 vs Rs13.59 crore for Q2FY22. The Q2FY23, on consolidation of accounts of the subsidiaries and joint venture of Nilkamal, the net sales stood at Rs 807.76 crore vs Rs 739.38 crore in the quarter of the previous year, up by 9%. PAT after minority interest stood at Rs 23.93 crore as against Rs 28.28 crore for the corresponding number of the previous year. H1FY23: The company has achieved growth in its sales for H1FY23 which stood at Rs 1,465.49 crore, up by 28.69% over the corresponding period of the previous year. EBIT stood at Rs 134.09 crore, up by 33.44% over the corresponding period of the previous year whereas PBT stood at Rs 64.46 crore, up by 58.53% over the same period of the previous year. The capex spends of the Company for Q2FY23 stood at Rs 47.15 crore, aggregating to Rs 95.90 crore till H1FY23. Result PDF