Nilkamal shares zoom 20% after Q2 net profit doubles to Rs 68 crore

At around 1.55 pm, the stock was trading 13.92 percent or Rs 245.50 higher at Rs 2008.95, on the BSE. Nilkamal Q2 FY27 results Nilkamal reported a 102 percent year-on-year increase in its standalone profit after tax (PAT) to Rs 67 crore in the July-September quarter of FY27 from Rs 34 crore posted in the same quarter of the previous financial year. Profit before tax (PBT) in Q2 FY27 stood at Rs 89 crore against Rs 43 crore in Q2 FY26, implying a growth of 107 percent YoY.

"The performance underscores the company's ability to drive sustainable growth, improve operational efficiencies and strengthen profitability despite a volatile external environment," the company said in a statement. The company’s revenue from operations increased 16.3 percent to Rs 1,126 crore in Q2 FY27 compared with Rs 968 crore in the year-ago period. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) surged 54.5 percent to Rs 132 crore from Rs 85 crore in the year-ago period while EBITDA margin expanded to 11.70 percent in the reporting quarter from 8.81 per cent a year ago.

In the statement released today, Nilkamal said the raw material prices in Q2 FY27 continue to remain at elevated level as witnessed in Q1 FY27. In Q1 FY27, the company managed to pass on the increase raw material price burden at the cost of loss of sales volume by 3 7 percent. This has restricted into capacity utilisation of less than 50 percent. During the Q2 FY27, the company maintained the selling prices with enhanced sales volume of 54% compared to Q1 FY27 and achieved capacity utilisation of more than 70%, it said.

The Capex spend during Q2 FY27 stood at around Rs 27 crore as compared to approximately Rs 42 crores in Q2 FY26. The Net Borrowing of the company stood at around Rs 254 crore as on September 30, 2026 as against borrowing of around Rs 376 crore as on September 30, 2025.