Nilkamal Homes Franchise
Furniture, decor and homeware showrooms of listed Nilkamal Limited. Page: Rs 1.5 Cr* for 8,000 sq ft, fee zero; 70 franchised stores per May 2026 release.
Nilkamal Homes franchise at a glance (terms checked Nov 2026)
Investment
Not published
The brand doesn't publish its investment
Ongoing take
Not published
Franchise fee
No fee
Payback
Not published
- Company standing: Active and up to date with the registrar
Outlets
101 (brand claim)
What we couldn't verify
- • Franchisee satisfaction
- • Disputes with franchisees
- • Profit or loss
- • Revenue trend
Ask before you sign
- Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
- Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
- Ask for the agreement term, renewal fee and exit or transfer terms.
Franchise terms checked against Nilkamal Homes' official franchise page on 11 Nov 2026. Figures marked * aren't published by the brand — they come from other published sources or our own estimate, and aren't verified.
Investment Breakdown
Per franchisorPage: 'Franchisee Fee: Zero'.
Model your own numbers in our calculator
Open the ROI calculator* Breakdown as published by Nilkamal Homes.
Ways to Partner with Nilkamal Homes
1 partner model published by the brand. Figures it doesn't publish are left blank.
Nilkamal Homes showroom
- Investment
- ₹0
- Space
- From 8,000 sq ft
- Fee
- No fee
- Who it suits
- Showroom of minimum 8,000 sq ft carpet area; minimum frontage 50 ft; prime location in a furniture market or residential area
Page lists 'Initial investment: Rs. 1.5Cr* for 8000 Sq. Ft' (asterisk unexplained, scope not stated). Royalty or margin, term and territory are not published.
What Nilkamal Homes Says You Can Earn
Brand claimNilkamal Homes's own claim — no evidence given. These are not FranchiseChuno's estimates or a promise of earnings; ask existing franchisees what they actually make.
- Operating break-evenMonths until monthly profit turns positive — not the same as getting your money back.
- 12 months
The page says "High ROI with a break-even point in the first year" and "See Profit from year 1". These are brand claims with no sample, base or footnote.
Reputation & News
1 red flag to checkWhat the press, courts and real franchisees or customers have said about Nilkamal Homes — summarised by us, with every source linked.
âš Scam alert
Nilkamal warns of fake franchise and distributorship offers
Nilkamal Limited's own caution notice says people posing as its employees or as 'Nilkamal Furniture Pvt. Ltd.' are offering showroom, franchise and distributorship on social media, by phone and by fake letters and asking for deposits into bank accounts. It says the company has not authorised anyone to do this and does not ask for money in any form.
Source: Nilkamal Limited caution notice- In the news· 2026-05-14
Retail segment still loss-making at EBIT level
Nilkamal's May 2026 results release reports a negative EBIT of about Rs 7 crore for its retail and e-commerce segment in FY26, against about Rs 18 crore negative in FY25; it also says 7 stores were closed during FY26.
Source: Nilkamal Limited Q4 FY26 press release
Legal & Contract Summary
Key contract terms at a glance — read before you sign.
Agreement Type
Franchisee-Owned, Franchisee-Operated
Contract Duration
—Renewal Available
—Territory Exclusivity
—Non-Compete Clause
—Exit Clause
—Who Can Apply for Nilkamal Homes
Conditions the brand sets for partners, and the licences the business needs.
- Showroom space: Minimum 8,000 sq ft carpet areaRequired
- Frontage: Minimum 50 ftRequired
- Location: Prime location in a furniture market or residential areaRequired
About the Brand
Brand USP
A listed furniture maker's own retail showroom format, with the page quoting zero franchise fee and a large 8,000 sq ft store.
Why invest in Nilkamal Homes?
Nilkamal Homes by the Numbers
Source marked on each figureabout Rs 408 crore, up 17% (includes online)
Retail and e-commerce segment turnover FY26 · FY26
Company filingabout minus Rs 7 crore (FY25: about minus Rs 18 crore)
Retail and e-commerce segment EBIT FY26 · FY26
Company filingMore than 100 (page claim)
Showrooms on franchise page · 2026-11-08
Brand claimNilkamal Homes Outlet Network
| Year | Opened | Closed | Transferred | Net |
|---|---|---|---|---|
| Stores opened in FY26 | 24 | — | — | — |
| Stores closed in FY26 | — | 7 | — | — |
By channel · 2026-05-14
- Stores under franchisee arrangement70
- Company-operated stores31
Cities with Outlets
Show all 6 citiesHide the city list
Company Financials
Brand-level, publicly reportedThe franchisor's own company health — separate from what a single franchise outlet earns.
Employees (2026-03-31)
2,929
A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.
Company Health Check
What Nilkamal Homes's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.
- Paid-up capital
- ₹14.92 Cr
- Auditor
- S R B C & Co. LLP
Source: Q4 FY26 results press release and board outcome letter (14 May 2026; auditor report unmodified); FY26 BRSR. No MCA21 master data, charges, court, NCLT or consumer-forum search run (checked FY26 (year to 31 Mar 2026))
Full company recordsFinancials year by year, registered details, leadership and timelineShowHide
Nilkamal Homes Financials Over Time
Figures for the parent company, from filed or reported accounts.
Source: Nilkamal Limited standalone, FY25 comparatives in the Q4 FY26 press release; profit stated as about Rs 91 crore · Nilkamal Limited standalone, Q4 FY26 results press release (14 May 2026); profit stated as about Rs 105 crore
A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.
Company Profile
The legal entity behind the brand, its leadership, and its official channels.
- Registered name
- Nilkamal Limited
- Company type
- Public listed company
- CIN
- L25209DN1985PLC000162
- Incorporated
- 1985-12-05
- Headquarters
- Mumbai
Company details source: Nilkamal Limited BRSR FY2025-26 filed on NSE (CIN, registered office at Silvassa, paid-up capital). The franchise page names no signing entity; the company's results release lists a Nilkamalhomes division
Nilkamal Homes Timeline
FY26
24 stores opened and 7 closed
Source
FranchiseChuno Analysis
Our analysis of verified dataHow Nilkamal Homes looks once the numbers are checked side by side.
- •Investment below the Retail Stores medianMidpoint ₹0 L vs a category median of ₹31.3 L across brands on FranchiseChuno.
Data completeness
55%
- ✓ Terms checked against the brand's own page
- ✓ Published investment (not an estimate)
- ✓ Franchise fee
- â—‹ Royalty
- ✓ ROI or payback claim
- â—‹ Agreement term
- â—‹ Training details
- ✓ Outlet cities verified
- â—‹ Company financials
- ✓ Legal entity
- â—‹ News & public opinion checked
Ask Before You Sign
Questions tailored to what Nilkamal Homes does and doesn't publish.
- 1Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
- 2Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
- 3Ask for the agreement term, renewal fee and exit or transfer terms.
- 4Ask whether you get an exclusive territory, and how large it is.
- 5Have a lawyer review the franchise agreement before paying anything.
- 6Visit 2–3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShowHide
Operations Required
What you'll need on the ground to run this franchise day-to-day.
Area Required
8,000 sq ft
Staff Needed
—
Setup Time
—
Owner Involvement
—
Best Locations
Not published
Business Type
Not published
Training & Support
What the brand provides to help you launch and run your franchise.
Operations Manual
Step-by-step playbook for running the outlet
Supply Chain Support
Vendor sourcing, inventory & logistics
Technology / POS
Billing, inventory, and management software
Marketing Support
National & local marketing campaigns
Launch Support
Pre-opening setup and grand-opening assistance
Ongoing Field Support
Regular visits and operational coaching
Ongoing Support
What Nilkamal Homes franchisees say
We haven't yet heard from enough Nilkamal Homes franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.
I run a Nilkamal Homes outlet — share how it wentFrequently Asked Questions
When does a Nilkamal Homes outlet break even?
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