Nilkamal Limited announced Q1 financial results with standalone revenue of ₹864.00 crores, up 19% year-over-year. B2B segment grew 19% in value and 22% in volume, while Retail & E-commerce segment increased by 15%. Despite revenue growth, profitability declined with PAT decreasing by 29% to ₹10.00 crores. The company's new MDF and foam manufacturing unit at Hosur-3 is now operational, and it plans a capex of ₹150.00 crores for the current fiscal year. Net Borrowing increased to ₹331.00 crores.
14Jul 25
Nilkamal Expands into Healthcare Furniture with Strategic Acquisition
Nilkamal Limited has signed an agreement to acquire the healthcare furniture business from Imedfurns Private Limited for Rs. 3.00 crore, payable over four years. The acquisition includes intellectual property rights, existing contracts, employee transfer, and associated goodwill. This strategic move allows Nilkamal to enter the specialized healthcare furniture market, diversifying its product portfolio. The transaction was approved by Nilkamal's Board Sub-Committee on July 14, 2025, and has been disclosed to stock exchanges in compliance with SEBI regulations.
Nilkamal Ltd. released Q4 FY2023 results showing a 7.19% YoY revenue increase to ₹8.94 billion, but a 3.94% decrease in net profit to ₹0.34 billion. EBITDA grew 4.54% to ₹0.85 billion, while EBITDA margin contracted by 24 bps to 9.53%. The board recommended a dividend of ₹20 per equity share.