Nilkamal Limited Reports Significant Growth in Non-Plastic Furniture Segment for FY 2025-26

Nilkamal Limited Reports Significant Growth in Non-Plastic Furniture Segment for FY 2025-26​

Nilkamal Limited has reported a successful financial year 2025-26, highlighted by a strategic shift in its product portfolio and steady growth across both B2B and B2C business segments. During the Annual General Meeting held on July 17, 2026, Chairman Sharad V. Parekh detailed the company's operational performance, highlighting how the firm navigated global supply chain uncertainties and rising raw material costs through strategic pricing and operational measures.

A significant milestone for the company was the successful diversification into non-plastic furniture, mattresses, and foam products. For the first time, sales from these categories exceeded sales from plastic furniture, marking a successful transition in the company's product strategy.

Financial Performance Highlights​

The company demonstrated robust growth in its top and bottom lines despite challenging market conditions. Revenue from operations rose to approximately ₹3,686 crore, up from ₹3,239 crore in the previous year. Profit After Tax saw a substantial increase to ₹105 crore, compared to ₹91 crore in the preceding year, even after accounting for a one-time exceptional employee benefit charge of ₹5.41 crore related to the implementation of new Labour Codes.


As of March 31, 2026, the company reported a net worth of ₹466 crore and total debt of approximately ₹256 crore. The organization maintained a net cash surplus of approximately ₹67 crore at the end of the fiscal year, which is expected to fund all capital expenditure and working capital requirements from internal accruals.

Operational Expansion and Investments​

Nilkamal Limited continued to invest in its manufacturing infrastructure and product categories during the year. The company expanded its ready furniture business and bolstered its in-house production capabilities for products such as:
* Foam products used in mattresses, sofas, and chairs.

The company invested ₹44 crore toward expanding and strengthening these operations to enhance quality, efficiency, and cost management.

Dividend Declaration and Sustainability​

Based on the company's performance during the period, the Board of Directors has recommended a final dividend of approximately ₹20 per equity share, representing 200% of the face value of ₹10 per share. The total projected dividend payout amounts to approximately ₹29.84 crore.

The company also reported progress in its sustainability initiatives, noting a 15% increase in the use of renewable energy from wind and solar sources compared to the previous year. This now accounts for approximately 16% of the total energy consumption.

In terms of corporate social responsibility, Nilkamal established a third school in Gujarat featuring modern facilities. This addition brings the total number of students educated across all three schools to over 1,400 annually.

NILKAMAL Stock Price Movement​

Nilkamal Limited shares surged 9.39% today to settle at ₹1473.5 during post-market trading. The stock rallied on a total volume of 1.67 million shares, finding support as it climbed from a day low of ₹1385.