Nilkamal Limited — Others, 14-05-2025: Change in Management

Nilkamal Limited has announced a board meeting on the financial results for the quarter and half-year. The company posted standalone revenue of ₹3,239 Cr, up 3%, driven by 5% growth in the B2B segment, while retail and e-commerce declined 7%, though e-commerce grew 10%. PAT fell to ₹91 Cr from ₹107 Cr due to higher brand engagement costs in retail. Capex was ₹280 Cr, including greenfield units for modular furniture and foam. Net borrowings rose to ₹272 Cr. A final dividend of ₹20 per share was declared. Nilkamal plans to acquire Imedfurns’ healthcare business for ₹4 Cr over four years, expanding into healthcare furniture. Continuation of Mr. Sharad V. Parekh as Chairman and appointment of new Secretarial Auditor were approved.