Nilkamal Limited has fixed Friday, July 10, 2026, as the record date for determining the eligibility of shareholders for the final dividend for the financial year 2025-26. The Board of Directors had previously recommended a final dividend of ₹20 per equity share, subject to shareholder approval at the 40th Annual General Meeting scheduled for July 17, 2026. The dividend will be paid to those equity shareholders whose names appear in the Register of Members or in the records of the Depositories as on the record date.

For the financial year ended March 31, 2026, the company reported standalone revenue of ₹3,686 crores, reflecting a 14% year-on-year growth. Profit after tax (PAT) stood at ₹105 crores, compared to ₹91 crores in the previous year. On a consolidated basis, net sales rose to ₹3,778 crores from ₹3,313 crores in FY25, while PAT increased to ₹116 crores.

Key Financial Highlights

The following table presents a summary of key financial metrics for FY26 and FY25 (₹ in Crores):

Segment Performance

The Business to Business (B2B) segment achieved standalone revenue of ₹3,278 crores in FY26, a 13% growth, while the Retail & E-commerce segment recorded a turnover of ₹408 crores, growing by 17%. The Retail & E-commerce segment reported a negative EBIT of ₹7 crores, an improvement over the negative EBIT of ₹18 crores in the previous year. The company’s net borrowing stood at ₹181 crores as on March 31, 2026, down from ₹272 crores in the prior year.

Nilkamal Limited has intimated BSE Limited and the National Stock Exchange of India Limited regarding the resignation of Mr. Murtaza Taherbhai Manglorwala, Associate Vice President - Category Management, Furniture Division, who held the designation of Senior Management Personnel (SMP) at the company. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was filed on May 13, 2026.

Resignation Details

Mr. Murtaza Taherbhai Manglorwala submitted his resignation letter dated May 13, 2026, citing his intent to pursue new challenges and opportunities. The company acknowledged the resignation and confirmed that he will be relieved from his duties with effect from the close of business hours on June 15, 2026. The disclosure was made in accordance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The key details of the disclosure, as provided under Annexure A of the regulatory filing, are summarised below:

Resignation Letter Highlights

In his resignation letter addressed to Mr. Manish Parekh, Joint Managing Director of Nilkamal Limited, Mr. Manglorwala formally tendered his resignation from the position of Associate Vice President - Category Management, Furniture Division, effective the closing hours of June 15, 2026. He expressed appreciation for the support and opportunities received during his tenure, describing the experience as valuable and enriching. He also conveyed his gratitude for the opportunity to contribute to the organisation's growth and success.

Regulatory Compliance

The intimation was signed by Sagar Mehta, Company Secretary and Compliance Officer of Nilkamal Limited, and the disclosure has also been made available on the company's website. The filing confirms the company's adherence to its obligations under the applicable SEBI listing regulations governing the disclosure of changes in senior management personnel.