What we do Nilkamal Limited manufactures and sells material handling products, moulded furniture, storage solutions, packaging protection, mattresses, and primary rigid plastic packaging. |
Founded in 1,985 |
Market share Prominent market player in plastics and lifestyle furniture segments with a growing presence in India and select international markets. |
Problem solved Provides durable, innovative plastic and furniture solutions for homes and industries, addressing storage, material handling, and furnishing needs. |
Top clients or who we serve Serves B2B clients including industrial customers and channel partners, and B2C customers through retail stores and e-commerce platforms. |
Key management Hiten V. Parekh (Managing Director), Manish V. Parekh (Joint Managing Director), Nayan S. Parekh (Joint Managing Director), Sharad V. Parekh (Chairman). |
Our journey and innovations Incorporated in 1985; expanded into lifestyle furniture and omnichannel retail; strategic joint ventures and subsidiaries internationally; strong digital engagement focus. |
Where we operate India (manufacturing units in Maharashtra, Gujarat, Pondicherry, Uttar Pradesh) and international markets including Sri Lanka and UAE. |
Top products or what we offer Material handling crates, moulded and modular furniture, metal racking and storage, Bubbleguard packaging, mattresses, and primary plastic packaging. |
Top brands Nilkamal Homes (Retail & E-commerce rebranding), Bubbleguard packaging, Beta Wind energy partnership enhancing sustainability. |
Raw materials needed Plastics, metals, packaging materials for manufacturing furniture and storage solutions. |
Raw materials supplier Various local and international suppliers; details not specified. |
Recurring vs cyclical contribution Revenue primarily from recurring B2B sales and retail/e-commerce channels; cyclical with economic conditions affecting demand. |
Our industry position Key player in Indian plastic furniture and storage market; competitive with strong brand recognition and diversified product portfolio. |
Financial highlights FY 2024-25 revenue Rs 3312.74 crores; Net profit Rs 106.43 crores; 4% revenue growth; EBITDA decreased by 4%. |
Geographical revenue split Approximately Rs 3187.32 crores from India and Rs 125.42 crores from rest of the world. |
Order book - |
Whats driving growth Expansion in B2B industrial sales, retail/e-commerce growth via Nilkamal Homes, digital engagement, and product portfolio optimization. |
Our future plans Focus on franchise expansion in Tier 2 cities, enhanced omni-channel experience, and sustainability initiatives through renewable energy. |
Our green promise Partnership with Beta Wind Farms to lower carbon emissions and reduce energy costs; Green Guard and GRIHA certifications. |
Our people and values Emphasizes ethical governance, diversity, and employee wellbeing with training on workplace safety and harassment prevention. |
Key challenges ahead Managing profitability amid market fluctuations, maintaining growth in retail/e-commerce segments, and raw material cost volatility. |
Interesting facts One of the few plastic furniture manufacturers with Green Guard certification and strong presence in both B2B and B2C markets. |
Risks and strategy Risks include economic cyclicality and competitive pressures; mitigated by product innovation, market diversification, and digital transformation. |
