Nilkamal Ltd's Q3FY25 Quarter Results
- 06 Feb 2025
Result Summary
- Nilkamal Ltd reported a 4.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 6.4%.
- Its expenses for the quarter were up by 6.2% QoQ and 8.1% YoY.
- The net profit decreased 33.8% QoQ and decreased 26.4% YoY.
- The earnings per share (EPS) of Nilkamal Ltd stood at 14.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 857.42 | 824.38 | 805.64 | 4.0% | 6.4% |
Total Expenses | 831.83 | 783.60 | 769.74 | 6.2% | 8.1% |
Profit Before Tax | 25.59 | 40.77 | 35.90 | -37.2% | -28.7% |
Tax | 6.41 | 10.21 | 8.59 | -37.2% | -25.4% |
Profit After Tax | 21.61 | 32.62 | 29.36 | -33.8% | -26.4% |
Earnings Per Share | 14.40 | 21.80 | 19.60 | -33.9% | -26.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Nilkamal Ltd is a leading player in the manufacturing and distribution sector, primarily known for its diverse range of products including furniture, material handling solutions, and mattresses. Established as a reputable brand in the plastic products industry, Nilkamal Ltd has expanded its product offerings to cater to various consumer and industrial needs. The company operates in a competitive market environment, with a focus on innovation and quality. Recent initiatives may include expanding its product lines or strengthening its market presence, although specific developments are not detailed in the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Nilkamal Ltd reported a total income of ₹857.42 crores. This represents a 4.0% increase compared to the previous quarter (Q2FY25) where the total income was ₹824.38 crores. Year-over-year (YoY), there is a 6.4% increase from the third quarter of the fiscal year 2024 (Q3FY24), where the total income was ₹805.64 crores. These figures indicate a steady growth in the company's revenue stream over both the quarterly and annual periods, reflecting its ability to generate higher sales or possibly increase its market share.
Profitability
Nilkamal Ltd's profitability metrics for Q3FY25 show a decline when compared to both the previous quarter and the same quarter last year. The profit before tax (PBT) for Q3FY25 is ₹25.59 crores, representing a decrease of 37.2% from Q2FY25's ₹40.77 crores and a 28.7% decrease from Q3FY24's ₹35.90 crores. The company's profit after tax (PAT) for Q3FY25 is ₹21.61 crores, which is a 33.8% decrease from Q2FY25 and a 26.4% decrease YoY. Earnings per share (EPS) also decreased to ₹14.40 in Q3FY25 from ₹21.80 in Q2FY25 and ₹19.60 in Q3FY24, marking a decrease of 33.9% QoQ and 26.5% YoY. These declines highlight challenges in maintaining profitability despite revenue growth.
Operating Metrics
The total expenses for Nilkamal Ltd in Q3FY25 were ₹831.83 crores, which marks a 6.2% increase from Q2FY25's total expenses of ₹783.60 crores and an 8.1% increase from Q3FY24's ₹769.74 crores. This rise in expenses has contributed to the reduced profitability margins observed during the quarter. The tax expense for Q3FY25 was ₹6.41 crores, down from ₹10.21 crores in Q2FY25 and ₹8.59 crores in Q3FY24, reflecting a decrease of 37.2% QoQ and 25.4% YoY. The reduction in tax expenses aligns with the overall decline in profit before tax. The analysis of these operating metrics provides an insight into the company's cost structure and its impact on the net profitability over the observed periods.
