Nilkamal News and Updates

Name: Latest research reports of Nilkamal Ltd. authored by IDBI Capital and published by - Trendlyne research reports.
Item: Nilkamal Ltd.
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Author: IDBI Capital

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Nilkamal Ltd.

04 Jun 2021

1408.00

0.36%

Nilkamal: Q4FY21 Result Review

Sell: Nilkamal Ltd.

Recommendation Target

IDBI Capital

Nilkamal Ltd.'s (NILK) Q4FY21 result was a mix bag as net sales was above tad higher than our estimate, while margins were disappointing. Sales volume growth further strengthened in Q4FY21.However, steep increase of 20% YoY in raw material prices eroded operating margin. Net sales improved by 21.1% YoY to Rs6,799mn, while EBITDA came at Rs789mn, up by 11.7% YoY. The company reported net profit of Rs382mn, a healthy growth of 20.2% over Q4FY20. Despite challenging business environment due to pandemic, NILK's strong distribution network, healthy relationship with its customers and Company's ability of providing all in one services and robust supply chain management system were...

Nilkamal Ltd. has an average target of 1945.00 from 2 brokers.

Nilkamal Ltd.

03 Jun 2021

1408.00

0.36%

Nilkamal Consolidated March 2021 Net Sales at Rs 679.92 crore, up 21.1% Y-o-Y

Moneycontrol

NULL

Nilkamal Ltd. has an average target of 1945.00 from 2 brokers.

Nilkamal Ltd.

22 Mar 2021

1408.00

0.36%

Nilkamal hits over 2-year high as promoters increase stake via open market

Business Standard

The stock of plastic products company surpassed its previous high of Rs 1,985 touched on February 12, 2021

Nilkamal Ltd. is trading below all available SMAs

Nilkamal Ltd.

09 Feb 2021

1408.00

0.36%

Nilkamal Consolidated December 2020 Net Sales at Rs 626.60 crore, up 7.42% Y-o-Y

Moneycontrol

NULL

Nilkamal Ltd. has an average target of 1945.00 from 2 brokers.

Nilkamal Ltd.

08 Nov 2020

1408.00

0.36%

Nilkamal: Q2FY21 Result Review

Accumulate: Nilkamal Ltd.

Target

IDBI Capital

Nilkamal Ltd.'s (NILK) Q2FY21 result was a beat to our estimates. After a dismal performance in Q1FY21, the company has rebounded to its earlier growth trajectory, which we earlier anticipated to reflect in Q3FY21E. Net sales was down by 7.2% YoY to Rs5,343mn, while EBITDA came at Rs869mn, up by 21.1% YoY. The company reported net profit of Rs497mn, increased by 5.8% YoY. The management guided that impact of Covid-19 on organized plastic manufacturer has been positive as they gained market share from their unorganized counterparts. We believe availability of quality products at reasonable prices and supply assurance along with seamless service will continue to...

Nilkamal Ltd. is trading below all available SMAs

Nilkamal Ltd.

05 Nov 2020

1408.00

0.36%

Nilkamal Consolidated September 2020 Net Sales at Rs 534.34 crore, down 7.23% Y-o-Y

Moneycontrol

NULL

Nilkamal has lost -26.13% in the last 1 Year

Nilkamal Ltd.

30 Jun 2020

1408.00

0.36%

Nilkamal: Q4FY20 Result Review

Accumulate: Nilkamal Ltd.

Target

IDBI Capital

Nilkamal Ltd.'s (NILK) Q4FY20 result was beat to our estimates. Despite muted sales in second half of March, 2020, the company's net sales declined just by 1.5% YoY to Rs5,615mn. EBITDA came in at Rs706mn, up by 26.5% YoY, while PAT stood at Rs318mn, increased by 4.9% YoY. Nationwide lockdown completely halted NILK's production facilities in April and few facilities resumed production in May. However since June all the plants are operational. The management has guided subdued Q1FY21E and business to normalize in Q3FY21E. On positive side, NILK's extensive distribution network, direct connect with the industrial customers and strong brand recall amongst retail customers will enable it to...

Nilkamal has lost -26.13% in the last 1 Year

Nilkamal Ltd.

30 Jan 2020

1408.00

0.36%

Q3FY20 Result Review :Nilkamal

Accumulate: Nilkamal Ltd.

Target

IDBI Capital

Nilkamal (NILK) reported another subdued quarter amid challenging business environment, particularly on industrial segment front. Net sales declined by 7.3% YoY to Rs5,226 mn. Softness in raw material prices aided EBITDA, which came in at Rs630 mn, up 25.6% YoY. EBITDA margin improved by 316bps over Q3FY19 to 12.1%. Sharp increase in depreciation and interest outgo dented net profit which was at Rs276 mn, marginally up by 0.5% YoY. Plastic segment revenue was down by 8.8% YoY to Rs4,662 mn, while retail business grew by 6.1% YoY to Rs615 mn. We have revised our sales numbers downward considering muted demand outlook, while savings in raw...

Nilkamal has lost -26.13% in the last 1 Year

Nilkamal Ltd.

16 May 2019

1408.00

0.36%

Lower volume growth, cost inflation hurts performance

Economy Update: Nilkamal Ltd.

Motilal Oswal

Other key Highlights of Q4FY19: 1) Lifestyle (@home) business de-grew 3% YoY; 2) In Q4FY19, Nilkamal incurred a capex of INR282mn (INR1,143mn for FY19). Company has envisaged a capex of INR1,000mn-1,250mn in FY20;...

Nilkamal has lost -26.13% in the last 1 Year

Nilkamal Ltd.

13 May 2019

1408.00

0.36%

Nilkamal: Q4FY19 Result Review

Accumulate: Nilkamal Ltd.

Recommendation Target

IDBI Capital

Nilkamal's (NILK) Q4FY19 result was below our estimates owing to lower-than expected volume and higher expenses. Revenue was down by 6.9% YoY to Rs5.5bn while EBITDA/PAT was down by 19.5%/16.8% YoY to Rs526mn/Rs281mn. Plastic segment revenue was down by 8.5% YoY mainly due to volume de-growth of 9% (vs. expectation of 7.5% growth). Retail segment also registered revenue decline of 2.7% YoY to Rs483 mn. We cut our FY20E Revenue/EBITDA/PAT CAGR of 12%/18%/16% during FY19FY21E. We factor weak Q4FY19, introduce FY21 financials and rollover to FY21. We...