NILKAMAL NSE filing

Nilkamal Q2 FY27 Results: Revenue up 17% to ₹1,106 Cr, PAT grows 102% to ₹67 Cr

The RealCase readHigh impact Positive

Nilkamal Limited reported a 17% revenue increase to ₹1,106 crore for Q2 FY27. Standalone PAT grew 102% to ₹67 crore. B2B business rose 18% to ₹987 crore, while Retail & E-commerce grew 8% to ₹119 crore. Net borrowings decreased to ₹254 crore.

Why it matters

The substantial increase in key financial metrics like revenue and profit, coupled with a reduction in debt, is likely to have a significant positive impact on investor sentiment and the company's stock performance.

The market read

The company reported significant year-on-year growth in revenue, PBT, and PAT, alongside a reduction in net borrowings, indicating strong financial performance.

Nilkamal Limited announced its Unaudited Standalone and Consolidated Financial Results for the second quarter and half year ended September 30, 2026. The company reported a significant revenue increase of 17% to ₹1,106 crore for Q2 FY27, compared to ₹948 crore in the corresponding quarter of the previous year. EBITDA also saw a substantial rise of 57% to ₹139 crore.

On a standalone basis, Profit Before Tax (PBT) grew by 106% to ₹89 crore, and Profit After Tax (PAT) increased by 102% to ₹67 crore. The B2B business demonstrated strong performance, growing by 18% to ₹987 crore, driven by an 18% growth in the Material Handling Business and a 22% growth in the Bubbleguard business. The Mattress and Foam Business grew by 39%, and the Ready Furniture business by 15%, although the Plastic Furniture business saw a 1% degrowth.

The Retail & E-commerce segment grew by 8% to ₹119 crore, with E-commerce sales up by 11% and retail store sales by 5%. However, this segment reported a negative EBIT of ₹4 crore against a positive EBIT of ₹1 crore in the previous year. The company's retail network comprised 108 stores as of September 30, 2026.

The Board meeting, which commenced at 12:30 p.m. and concluded at 1:30 p.m. on October 29, 2026, also noted that the Limited Review Report by the Statutory Auditors had an unmodified opinion. Capital expenditure for Q2 FY27 was ₹27 crore, down from ₹42 crore in Q2 FY26. Net borrowings stood at ₹254 crore as of September 30, 2026, a decrease from ₹376 crore in the previous year.

Filing to action

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Nilkamal Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Nilkamal Limited. Read the original for the full detail.

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