Nilkamal Share Price

Nilkamal Limited Stock Trends in 2018

1. At the beginning of January 2018, the share price of Nilkamal Limited was Rs.1859 and increased to Rs.2075 in a week's time. The price of the stock gradually dipped to Rs.1988 by the middle of the month and plummeted further. The stock closed at a price of Rs.1820.
2. In February, the share price at the beginning of the month was Rs.1823 but plummeted to a great extent in the first week, to Rs.1600. It increased to Rs.1813 by the middle of the month. In the second half of the month, the price decreased and closed at Rs.1708.
3. Coming to March, the stock price was Rs.1659 at the beginning of the month was steady until the middle of the month. However, in the second half of the month, the share price dipped to Rs.1553, closing at Rs.1520. This was the lowest price of the share in the month.
4. In April, the price gradually recovered from the previous month, at Rs.1584 and went up to Rs.1734 by mid-month. In the second half of the month, the price rose to Rs.1798 but dipped again, closing at Rs.1697.
5. Rs.1729 was the opening price of the share at the beginning of June. The stock price dipped by the middle of the month to Rs.1687. The share price was steady until the last week of the month, closing at Rs.1609. The company offered a final dividend of 90% this month.
6. In the month of July, the share price opened at Rs.1587 and by the middle of the month, increased to Rs.1629. The investors were benefited in the second half of this month as the price increased and ended at Rs.1808.
7. The month of August proved to be beneficial for investors as the share price opened at Rs.1788 and increased to Rs.1797. In the second half of the month, the stock price increased and closed at Rs.2003.
8. In September, the share price opened at Rs.1975 and by the middle of the month, the price had decreased to Rs.1777. Due to market trends, the price drop continued and ended the month at Rs.1749.
9. October, due to the performance of the stock market was not beneficial to investors. The share price opened at Rs.1677 and dipped further to Rs.1582 before mid-month. The price of the share rose to Rs.1631 by the middle of the month and ended at Rs.1620.
10. In the month of November, the share price opened at Rs.1588 and plummeted through the month. By mid-month, the price of the stock was Rs.1572 and ended the month at Rs.1556.

Nilkamal Limited Stock Trends in 2016 and 2017

1. The stock price at the beginning of January 2016 was Rs.1259. In the second half of the month, the price dipped to Rs.1171 and closed the month at Rs.1343. In February, the share price opened at Rs.1385, hitting the 52-week low at Rs.985 by the end of the month. However, in March, the price of the stock opened at Rs.980. The company offered an interim dividend of 45% and, the share price closed at Rs.1114.
2. At the beginning of April, the share price was Rs.1103, increasing throughout the month. The stock closed at Rs.1245. In May, the price of the stock opened at Rs.1220 and crossed the Rs.1300 mark by mid-month. However, the price decreased, closing at Rs.1226. The price of the stock was steady throughout June opening at Rs.1222 and closing at Rs.125.
3. In July, the share price opened at Rs.1264, however increasing in the second half of the month. The stock closed at Rs.1319. For the month of August, the price of stock opened at Rs.1277 and decreased to Rs.1188 by mid-month. The price increased again, closing at Rs.1259. In September, the stock price opened at Rs.1250 and increased to Rs.1348 by mid-month, closing at Rs.1274.
4. The stock price at the beginning of October was Rs.1285 and increased drastically by the middle of the month at Rs.1620. The stock closed at Rs.1647. However, in November, the share price opened at Rs.1677 but dipped to Rs.1416 by mid-month. The company offered an interim dividend in this month and the stock closed at Rs.1393.
5. In December, the stock price opened at Rs.1390 and was steady through major portions of the month. The price dipped in the second half of the month ending at Rs.1275.
6. The share price at the beginning of January 2017 was Rs.1270 and increased to Rs.1631 by the mid-month. The stock closed at Rs.1638. The stock in February opened at Rs.1648 and increased throughout the month. February closed with the stock priced at Rs.1882. In March, the stock price opened at Rs.1995. Due to good market performance, the stock closed at Rs.2003.
7. For the month of April, the stock opened at Rs.1963 and increased to Rs.1984 by mid-month. The share price at the end of the month was Rs.2175. In the first half of May, the price of the stock was steady opening at Rs.2175 and reached a 52-week high of Rs.2232. However, it dipped in the second half of the month, closing at Rs.1982.
8. In June, the stock price opened at Rs.1990 and decreased to Rs.1971 by the middle of the month. The share closed at Rs.1889. However, in July, the stock opened at Rs.1897 and increased to Rs.1958 by the middle of the month. In the second half of the month, the price plummeted and ended at Rs.1910.
9. August was not a beneficial month for investors as the stock price after opening at Rs.1875 dipped to Rs.1555 by the middle of the month. The share price crossed the Rs.1600 mark in the second half and closed at Rs.1573. However, in September, the share price started at Rs.1590 and reached the 52-week low at Rs.1517 by the second half of the month. The stock closed at Rs.1554.
10. In October, the price of the stock opened at Rs.1556 and crossed the Rs.1600 mark by the middle of the month. In the second half of the month, the share price was steady, ending at Rs.1600. The share price opened at Rs.1623 in November and was steady till the middle of the month. In the second half, the company offered an interim dividend of 40% and the stock closed at Rs.1794.
11. The month of December was beneficial for the investors as the price of the stock opened at Rs.1778 and increased to Rs.1851 by the second half of the month. The share price closed the month and year at Rs.1834.

Should you invest in Nilkamal Limited Shares?

1. Nilkamal Limited is among the largest manufacturers of plastic consumer goods in the world. With their global presence and sales, they are the biggest manufacturer of plastic moulded products on the continent. The company has their own retail store, @home, through which they sell their products.
2. On a YoY basis, the company reported an increase in gross turnover and other income. In the FY 2017, the gross turnover of the company was Rs.2106.86 crore which increased to Rs.2115.69 crore in FY 2018.
3. The net turnover of the company also increased YoY. Compared to FY 2017 where the net turnover was Rs.1968.66 crore to Rs.2078.90 crore for the FY 2018.
4. However, in terms of profit after tax, the company saw a decrease in FY 2018 compared to FY 2017. The profit after tax in FY 2017 was Rs.118.45 crore and decreased to Rs.117.11 crore in FY 2018.
5. For the company's retail outlet @home, a profit before tax was reported at Rs.4.40 crore in FY 2018 which resulted in a 38% increase from the FY 2017.
6. In the FY 2017, the company reported the value of the total assets at Rs.1032.86 crore which increased to Rs.1179.42 crore in the FY 2018.
7. From the value of total assets in FY 2018, current assets were worth Rs.771.92 crore which also increased from Rs.668.77 crore in FY 2018. Non-current assets in FY 2018 were worth Rs.407.49 crore compared to Rs.364.09 crore in FY 2017.
8. The company's revenue from operations also increased on a YoY basis. From Rs.2094.84 crore in FY 2017 to Rs.2107.95 crore to FY 2018. Due to this, the total revenue of the company also saw a YoY increase from Rs.2106.85 crore in FY 2017 to Rs.2115.69 crore in FY 2018.
9. However, coming to expenses, the company reported a decrease in total expenses for the FY 18. In the FY 2017, the company's expenses amounted to Rs.1937.94 crore decreasing marginally to Rs.1936.93 crore in FY 2018.
10. In the stock market, the share price has seen a decrease due to various factors in the fluctuating market. However, investors might wish to invest in stocks on a long-term basis. However, it is strongly advised to research thoroughly before investing in the market.

Company Information

Nilkamal Limited is among the most well-known brands in India when it comes to plastic consumer goods. It was founded in 1981 and it has branched out to various other ventures such as Material Handling Solutions, moulded furniture, bedroom accessories such as mattresses. Apart from this, the company has launched their own retail store chain - @home.

Nilkamal Limited has 8 manufacturing plants in India and @home has close to 20 stores spread across 14 cities.

Company History

The company was founded by Shri. Vrajlal Parekh in 1934. Based in Mumbai, Nilkamal Limited based their business in producing household items until 1990. In 1990, the company diversified into the manufacture of moulded furniture and opened 3 new manufacturing plants in Noida, Pondicherry, and Kharadapada. In the year 2005, the company inaugurated its first @home store which is their retail store chain. Being in the business for almost a century, Nilkamal Limited is a pioneer in the use of plastic and providing moulded furniture for homes in India and all over the world.

Management of the company

Mr. Vamanrai Parekh - Co-Founder and Promoter of Nilkamal Limited

Mr. Vamanrai Parekh is the Chairman of the Nilkamal Board of Directors. With 60 years of experience, he has led the company to be a leader in the moulded furniture industry in India as well as abroad.

Mr. Sharad Parekh - Managing Director

Mr. Sharad Parekh is the brother of Mr. Vamanrai Parekh and is the Managing Director of Nilkamal Limited. He has been involved with the marketing and administration of the company since its start. His experience at 'concept selling' has been over 40 years. Apart from this, he also sells material handling solutions which are customized to all industries.

Mr. Hiten Parekh - Joint Managing Director and Promoter of Nilkamal Limited

Mr. Hiten Parekh is the Joint MD at Nilkamal Limited. He oversees the operations for the many factories of the company along with enforcing various new projects of Nilkamal Limited. He has also introduced the technological and standard processes which are used by the company for its production and manufacturing.

Nilkamal Limited listings in NSE, BSE and other stock market indices

Nilkamal Limited is listed in the two major stock exchanges in the country which are the National Stock Exchange(NSE) and the Bombay Stock Exchange(BSE). The shares offered by the company are offered for trading to the general public.

1. NSE Code - NILKAMALEQ
2. BSE Code - 58888
3. ISIN - INE310A01015
4. Sector - Plastics

The stock market indices the company comprises of are as follows:

1. Nifty 500
2. Nifty MidSmallcap 400
3. Nifty Smallcap 250
4. S&P BSE 250 SmallCap Index
5. S&P BSE 400 MidSmallCap Index
6. S&P BSE 500
7. S&P BSE AllCap
8. S&P BSE Industrials
9. S&P BSE MidSmallCap
10. S&P BSE SmallCap

Registered Office:

Nilkamal House, Plot 77/78, Street number 14, M.I.D.C. Andheri East, Mumbai - 400093

Phone number - 1800 121 9115

Stocks vs. Mutual Funds: here's what we recommend

Stock market investments require a lot of research and knowledge. They do not generally offer any tax benefits and are regarded as high-risk investments. Hence,it is crucial to have a diversified portfolio. At Bankbazaar, we encourage our readers to invest on mutual funds.It doesn't require a lot of knowledge and equity linked mutual fund schemes offer tax benefits. Additionally, since mutual funds comprise stocks from multiple companies, they help in building a diversified portfolio.

DISCLAIMER:

The contents of this post/blog do not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not professional advice on a specific financial matter.