Nilkamal FY26 Results: ₹3,686 Cr Revenue, ₹20 Dividend

Key takeaway

Nilkamal Limited reported double-digit growth in FY26, with revenue from operations rising about 14% year-on-year and profit after tax increasing despite an exceptional employee-benefit charge disclosed in its filings. The company also moved closer to a larger non-plastic portfolio, as sales from non-plastic furniture, mattresses and foam products exceeded plastic furniture sales for the first time.

FY26 financial performance at a glance

For the year ended March 31, 2026, Nilkamal reported revenue from operations of ₹3,686.00 crore versus ₹3,239.00 crore in the previous year, translating into about 14% growth. Profit after tax (PAT) rose to ₹105.00 crore from ₹91.00 crore. The company also disclosed an exceptional, one-time employee benefit charge, with figures referenced as ₹15.41 crore in one disclosure and about ₹5.41 crore in another summary note. On operating performance, standalone EBITDA was reported at ₹320.23 crore, up 13.98% year-on-year.

Standalone vs consolidated numbers

Nilkamal’s reported standalone revenue from operations for FY26 was ₹3,686.39 crore (₹3,686.3886 crore), up from ₹3,239.32 crore in FY25 (₹3,239.3179 crore). On a consolidated basis, revenue from operations was ₹3,778.06 crore (₹3,778.0578 crore), compared with ₹3,312.74 crore in FY25 (₹3,312.7406 crore). Consolidated EBITDA stood at ₹337.84 crore (₹337.8369 crore), about 11.99% higher than the prior year. These figures were part of the audited standalone and consolidated results approved by the Board.

Dividend: ₹20 per share and payout details

The Board recommended a final dividend of ₹20 per equity share of face value ₹10 each, described as 200% of face value. The total final dividend payout was stated as ₹29.84 crore, also presented as ₹2,984.51 lakh (₹29.8451 crore). The record date for dividend eligibility was July 10, 2026, and the company indicated the dividend would be paid on or after July 24, 2026.

AGM outcome and key dates

Nilkamal’s 40th Annual General Meeting (AGM) was scheduled for July 17, 2026, to be conducted through video conference at 11:00 a.m. IST. The final dividend recommendation was approved at the 40th AGM on July 17, 2026, as stated in the provided information. The book closure period for AGM and dividend purposes was July 11, 2026 to July 17, 2026.

Business mix milestone: non-plastic crosses plastic

A notable operating update for FY26 was the shift in sales mix. Nilkamal reported that sales from non-plastic furniture, mattresses and foam products exceeded sales from plastic furniture for the first time. This is a meaningful marker for a company historically identified closely with plastic furniture, because it indicates broader participation across home and comfort categories. The update also provides context for how Nilkamal is positioning its portfolio alongside its traditional strengths.

Balance sheet, capex and cash position

Nilkamal reported net worth of about ₹1,466.00 crore and total debt of about ₹256.00 crore as on March 31, 2026. The company said it invested about ₹44.00 crore during the year towards expansion and strengthening of operations. It also reported a net cash surplus balance of about ₹67.00 crore at the end of FY25-26, indicating it expects to meet capex and working capital needs through internal accruals based on the stated plan.

Energy and sustainability datapoints disclosed

In its updates, Nilkamal reported that the use of renewable energy from wind and solar sources increased by 15% compared to the previous year. The company also stated renewables contributed around 16% of total energy consumption. These are operational metrics and were shared as part of the annual updates included in the provided material.

Recent quarterly snapshot and stock performance context

Broker-reported standalone quarterly numbers for March 2026 showed net sales of ₹941.02 crore, up 7.35% from ₹876.59 crore in March 2025. Quarterly net profit was ₹41.11 crore, up 18.25% from ₹34.76 crore, while EBITDA was ₹99.55 crore versus ₹87.73 crore. The same source noted EPS at ₹27.55 in March 2026 versus ₹23.30 in March 2025. It also stated the stock closed at ₹1,308.40 on May 12, 2026 (NSE) and delivered -12.19% returns over six months and -21.77% over 12 months.

Market impact and why investors tracked this update

The FY26 release combined multiple investor-relevant signals: revenue growth, higher PAT, a disclosed one-time employee-benefit charge, and a confirmed final dividend with clear dates. Alongside these, the business mix milestone highlighted that growth was not limited to the legacy plastic furniture segment. For income-focused shareholders, the ₹20 per share final dividend and the ₹29.84 crore payout figure provided clarity on cash returns, while the balance sheet numbers (net worth, debt, and net cash surplus) framed leverage and liquidity.

What to watch next

Nilkamal also disclosed that its Board meeting is scheduled on August 1, 2026 for Q1 FY27 results. Investors typically track whether the growth reported in FY26 carries into the next year and how cash deployment aligns with the stated investment plans. Any further details will likely emerge with the Q1 FY27 financial release and related filings.