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.