Nilkamal's net profit doubled in the second quarter of fiscal year 2027, reaching ₹68 crore. This growth came alongside a 16% increase in revenue to ₹1,126 crore, showing the company's strong performance in a challenging market.
- Net profit rose 100% to ₹68 crore in Q2 FY27 from ₹34 crore in Q2 FY26.
- Revenue from operations increased 16% year-on-year to ₹1,126 crore.
- EBITDA grew 58% to ₹135 crore, with margin expanding to 12.02%.
- Capacity utilization improved to over 70% in Q2 FY27.
- B2B segment revenue grew 18%, retail and e-commerce rose 8%.
- Net borrowings decreased to ₹254 crore as of September 30, 2026.
- Shares gained 15.2% on the National Stock Exchange, trading at ₹2,002.1.
How did Nilkamal's revenue and profit change in Q2 FY27?
Nilkamal reported a consolidated net profit of ₹68 crore for the July-September quarter of FY27, which is double the ₹34 crore earned in the same quarter last year. The company's revenue from operations rose 16% year-on-year to ₹1,126 crore, up from ₹968 crore in Q2 FY26.
What was the change in operating profit and EBITDA margin?
The operating profit, measured as earnings before interest, taxes, depreciation, and amortisation (EBITDA), increased by 58% to ₹135 crore compared to ₹86 crore in the previous year's quarter. The EBITDA margin expanded significantly to 12.02% from 8.83% in Q2 FY26, indicating improved operational efficiency.
How did capacity utilization and raw material prices affect performance?
Raw material prices remained high in Q2 FY27, similar to Q1 FY27. In the first quarter, Nilkamal passed on increased raw material costs but experienced a 37% loss in sales volume, limiting capacity utilization to less than 50%. In Q2, the company maintained selling prices while increasing sales volume by 54% compared to Q1, resulting in capacity utilization exceeding 70%.
Which business segments contributed to revenue growth?
The B2B business segment recorded an 18% revenue growth during the quarter. Meanwhile, the retail and e-commerce segment grew by 8%, reflecting steady demand across channels.
What were Nilkamal's capital expenditure and borrowing status?
The company's capital expenditure was ₹27 crore in Q2 FY27, down from ₹42 crore in the same quarter last year. Net borrowings decreased to ₹254 crore as of September 30, 2026, from ₹376 crore a year earlier, showing improved financial health.
How did the stock market respond to Nilkamal's Q2 results?
Nilkamal shares rose sharply, gaining 15.2% to trade at ₹2,002.1 on the National Stock Exchange as of 3 PM on October 29, 2026. The stock has increased 44% since the start of the year and reached a 52-week high of ₹2,149.50 on September 3, 2026.
What is the overall market capitalization of Nilkamal?
As of October 29, 2026, Nilkamal's total market capitalization stood at ₹3,020.32 crore, reflecting investor confidence in the company's growth prospects.
