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Nilkamal Ltd.

BSE: 523385 Sector: Industrials
NSE: NILKAMAL ISIN Code: INE310A01015
BSE 12:41 | 18 Sep 1101.80 -30.85
(-2.72%)
OPEN

1133.55

HIGH

1155.70

LOW

1087.95

NSE 12:29 | 18 Sep 1099.95 -32.85
(-2.90%)
OPEN

1140.00

HIGH

1155.00

LOW

1085.50

OPEN 1133.55
PREVIOUS CLOSE 1132.65
VOLUME 3989
52-Week high 1859.80
52-Week low 890.45
P/E 14.87
Mkt Cap.(Rs cr) 1,644
Buy Price 1097.15
Buy Qty 3.00
Sell Price 1101.45
Sell Qty 3.00
OPEN 1133.55
CLOSE 1132.65
VOLUME 3989
52-Week high 1859.80
52-Week low 890.45
P/E 14.87
Mkt Cap.(Rs cr) 1,644
Buy Price 1097.15
Buy Qty 3.00
Sell Price 1101.45
Sell Qty 3.00

Nilkamal Ltd. (NILKAMAL) - Company History

Promoted by the Parekh family Nilkamal Plastics incorporated in Dec.'85 as Creamer Plastic a private limited company was converted into a public limited company in Jul.90. In Aug.'90 the name was changed to the present one. The Company has organized businesses into 2 categories viz Plastics and Lifestyle Furniture Furnishings and Accessories.It is India's largest manufacturer of material handling plastic crates and a leader in moulded furniture. It is one of the companies to benefit from moulded plastic which is fast replacing conventional materials in the manufacture of innumerable products. Today using state-of-the-art machines and imported moulds from Europe the company manufactures a range of products -- material handling crates moulded furniture houseware multi-layer packaging films and custom mouldings. Nilkamal has been exporting its quality products since 1986 and has won several export awards. The company's has achieved ISO 9000 certification resulting in a consistent quality irrespective of whichever plant the material is produced. Its units are located at Sinnar in Maharashtra Silvassa in Gujarat Pondicherry and Noida in Uttar Pradesh. The company is in the process of setting up two new manufacturing units at Silvassa and another in West Bengal to cater to increased demand for its products. The company has set up a subsidiary in Sri Lanka to directly cater to the export market.The company is planning to get it's Pondicherry factory ISO-14001 certified in line with the policy of the company at Environment friendly.During the financial year 2014-15 @home division closed operation of two stores and opened one new store while one store was made fully operational from go-to market model. The lifestyle furniture furnishing and accessories division had focused on extensive data analytics for optimizing profitability in retail area and product portfolio. In the financial year 2014-15 apart from the @home portal the company also entered into business partnerships with other leading e-commerce portals.During the year 2016 the company closed one store situated at Mumbai in Lifestyle Furniture Furnishing and Accessories Business Division. Further effective steps have been taken for closure of operation of 3 stores situated at Mumbai Cochin & Hyderabad.During the FY 2018 the Company signed two franchise stores in Tier 2 cities and a few others are in pipeline. Omni-channel customer experience also occupies an important space in the brand's strategy for this financial year. A focus on driving digital engagement and digital influence shall help drive business both online and offline. This would also include enhancing the web experience for a customer and building an assortment specifically for the @home digital customer.