Nilkamal (NSE:NILKAMAL) E10: ₹88.73 (As of Mar. 2026)


NSE:NILKAMAL Nilkamal Ltd NSE:NILKAMAL
73 GF Score
Price ₹1,276.60
GF Value ₹2,246.45
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Nilkamal E10?

Nilkamal NSE:NILKAMAL +0.77% 73 E10 is ₹88.73 as of Mar. 2026. GuruFocus rates NSE:NILKAMAL with a GF Score™ of 73/100 and a GF Value™ of ₹2,246.45 (Significantly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Nilkamal's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹27.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹88.73 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nilkamal's average E10 Growth Rate was 3.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2026-06-28), Nilkamal's current stock price is ₹1276.60. Nilkamal's E10 for the quarter that ended in Mar. 2026 was ₹88.73. Nilkamal's Shiller PE Ratio of today is 14.39.

During the past 13 years, the highest Shiller PE Ratio of Nilkamal was 23.06. The lowest was 12.98. And the median was 18.65.


Nilkamal  (NSE:NILKAMAL) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Nilkamal's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1276.60/88.73
=14.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Nilkamal was 23.06. The lowest was 12.98. And the median was 18.65.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Nilkamal E10 Related Terms


Nilkamal E10 Historical Data

* Premium members only.

The historical data trend for Nilkamal's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nilkamal E10 Chart

Nilkamal Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 85.54 88.73

Nilkamal Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 85.54 85.43 87.73 86.54 88.73

NSE:NILKAMAL vs SN, SGI, MHK: E10 Comparison

For the Furnishings, Fixtures & Appliances subindustry, Nilkamal's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nilkamal Shiller PE Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nilkamal's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Nilkamal's Shiller PE Ratio falls into.


NSE:NILKAMAL
73GF Score
Nilkamal Ltd NSE:NILKAMAL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nilkamal E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Nilkamal's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=27.82/164.2724*164.2724
=27.820

Current CPI (Mar. 2026) = 164.2724.

Nilkamal Quarterly Data

per share eps CPI Adj_EPS
201209 6.500 82.244 12.983
201212 3.650 83.774 7.157
201303 7.200 85.687 13.803
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 22.510 111.317 33.219
201809 16.090 115.142 22.956
201812 19.900 115.142 28.391
201903 20.140 118.202 27.990
201906 20.820 120.880 28.294
201909 32.850 123.175 43.810
201912 20.260 126.235 26.365
202003 21.280 124.705 28.032
202006 -19.400 127.000 -25.094
202009 33.190 130.118 41.902
202012 36.390 130.889 45.671
202103 25.510 131.771 31.802
202106 1.130 134.084 1.384
202109 18.940 135.847 22.903
202112 22.390 138.161 26.622
202203 13.400 138.822 15.857
202206 19.210 142.347 22.169
202209 16.020 144.661 18.192
202212 22.240 145.763 25.064
202303 32.290 146.865 36.117
202306 21.730 150.280 23.753
202309 16.760 151.492 18.174
202312 19.640 152.924 21.097
202403 23.790 153.035 25.537
202406 12.250 155.789 12.917
202409 21.800 157.882 22.682
202412 14.400 158.323 14.941
202503 22.870 157.552 23.846
202506 10.210 159.755 10.499
202509 22.490 162.289 22.765
202512 16.930 163.281 17.033
202603 27.820 164.272 27.820

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ₹88.73 mean?
Nilkamal (NSE:NILKAMAL) has a E10 of ₹88.73 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nilkamal and its competitors.
Is Nilkamal's E10 too high?
Nilkamal's current E10 is ₹88.73. Overall, Nilkamal has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nilkamal's E10 compare to SN and SGI?
Nilkamal's E10 of ₹88.73 can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Furnishings, Fixtures & Appliances company?
A good E10 depends on the Furnishings, Fixtures & Appliances industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nilkamal and its competitors. Nilkamal's current E10 is ₹88.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nilkamal stock overvalued right now?
Based on GuruFocus' analysis, Nilkamal (NSE:NILKAMAL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,246.45, compared to a current price of ₹1,276.60 — trading 43.2% below its estimated fair value. The current E10 is ₹88.73. Nilkamal's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Nilkamal (NSE:NILKAMAL), the current E10 is ₹88.73 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nilkamal (NSE:NILKAMAL) Overvalued in 2026?

Based on GuruFocus' analysis, Nilkamal stock appears to be undervalued. The current stock price of ₹1,276.60 is trading 43.2% below its estimated GF Value™ of ₹2,246.45. GuruFocus considers Nilkamal to be Significantly Undervalued.

Key valuation signals for NSE:NILKAMAL:

  • E10: ₹88.73
  • GF Value™: ₹2,246.45 vs. price of ₹1,276.60 (43.2% below fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the NSE:NILKAMAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nilkamal Business Description

Other Exchanges 523385:India
Address Road No.13/14, MIDC, Nilkamal House, 77/78, Andheri (East), Mumbai, MH, IND, 400093
Nilkamal Ltd is engaged in the manufacturing of moulded plastic articles, polymers, and others. The group operates in two business segments Plastics; and Lifestyle Furniture, Furnishings, and Accessories. It derives a majority of its revenue from the Plastics segment. The products of the company include Plastic chairs, Mattresses, and Bubble Guard among others. The group sells its products in India and also exports it to other countries, of which prime revenue is generated from India.
73GF Score

Get the complete analysis for NSE:NILKAMAL

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,276.60
Price
₹2,246.45
GF Value