Nikhil Adhesive
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Nikhil Adhesive

63.00
+0.80
(1.29%)
Market Cap
289.48 Cr
PE Ratio
18.73
Volume
35,307.00
Day High - Low
63.74 - 62.20
52W High-Low
129.00 - 56.78
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Key Fundamentals
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Market Cap
289.48 Cr
EPS
3.67
PE Ratio
18.73
PB Ratio
2.10
Book Value
29.60
EBITDA
37.60
Dividend Yield
0.35 %
Industry
Chemicals
Return on Equity
12.99
Debt to Equity
0.46
Forecast For
Actual

Company News

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neutral
Nikhil Adhesives Limited announced unaudited financial results for the quarter and half-year ended September 30, 2025, with quarterly revenue from operations of Rs 13,105.31 lakhs and profit after tax of Rs 317.34 lakhs. The company also changed its inventory valuation method from FIFO to Weighted Average Method for raw materials and Standard Cost Method for other materials, with retrospective application affecting prior period comparatives.
negative
Nikhil Adhesives Limited's Board approved unaudited financial results for Q2 2025 showing revenue from operations of Rs. 12,347.14 lakhs, down from Rs. 16,116.64 lakhs in the same quarter last year. Net profit declined to Rs. 356.74 lakhs compared to Rs. 503.86 lakhs in Q2 2024. The company scheduled its 39th Annual General Meeting for September 23, 2025, to be held virtually. The Board recommended appointing PHD & Associates as statutory auditors for FY 2025-26 to FY 2029-30 and M/S Somani & Associates as secretarial auditors for five years. Board committees were reconstituted including Audit, Nomination and Remuneration, Stakeholder Relationship, Corporate Social Responsibility, and Risk Management committees. The company changed its inventory valuation method from FIFO to weighted average for raw materials and standard cost method for other materials. Management noted a strategic decision to reduce the trading division and focus on manufacturing operations due to prevailing market conditions.
negative
Nikhil Adhesives reported a net profit of 36 million rupees for Q1, down from 50 million rupees in the same period last year. The company's revenue also declined to 1.2 billion rupees compared to 1.6 billion rupees year-over-year.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
1,340.00
#1 1,36,373.68
60.95
13,387.50
6.91
#1 2,096
11.97
30.61
2,499.70
74,097.31
43.79
14,825.80
12.13
1,251
59.61
38.77
3,070.60
33,730.54
53.33
4,853.20
10.61
546
-19.05
32.46
6,172.00
31,614.54
58.39
2,393.10
12.83
289
121.77
46.25
438.85
22,139.76
32.52
4,664.30
10.33
555
36.07
40.10
1,448.40
19,755.17
37.88
8,365.80
7.84
697
1.73
32.13
6,464.00
19,031.15
#1 30.49
5,692.40
#1 18.99
499
39.62
53.17
420.75
15,256.14
42.79
7,285.40
14.16
331
#1 189.13
47.14
3,463.40
14,991.55
39.54
#1 15,339.40
10.81
479
2.99
43.38
1,235.00
14,060.27
63.13
1,448.50
-3.77
160
11.81
43.36
Growth Rate
Revenue Growth
3.67 %
Net Income Growth
27.07 %
Cash Flow Change
-51.54 %
ROE
11.79 %
ROCE
10.49 %
EBITDA Margin (Avg.)
16.70 %

Yearly Financial Results

Annual Financials
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
Revenue
255
271
260
331
447
423
491
814
744
565
585
531
Expenses
246
259
249
317
430
403
460
770
709
533
548
496
EBITDA
9
12
11
14
17
20
31
44
35
31
38
36
Operating Profit %
3 %
4 %
4 %
4 %
4 %
5 %
6 %
5 %
5 %
5 %
6 %
6 %
Depreciation
2
2
2
2
2
3
4
4
5
6
7
8
Interest
6
8
7
7
8
8
7
6
6
7
8
7
Profit Before Tax
1
2
3
4
7
9
21
34
24
18
22
21
Tax
0
0
1
2
2
2
6
9
7
5
6
5
Net Profit
0
2
2
3
5
7
16
25
17
13
17
15
EPS in ₹
0.98
4.08
5.24
7.26
11.35
15.29
34.07
5.50
3.71
2.88
3.67
3.30

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
112
119
130
157
186
191
291
316
295
296
323
Fixed Assets
25
24
23
30
37
44
54
64
76
94
96
Current Assets
84
92
104
125
147
139
235
249
212
200
225
Capital Work in Progress
1
0
1
0
1
6
0
1
4
0
1
Investments
0
0
0
0
0
0
0
0
0
0
0
Other Assets
86
95
106
127
149
141
236
250
215
202
227
Total Equity & Liabilities
112
119
130
157
186
191
291
316
295
296
323
Current Liabilities
78
84
84
105
128
124
204
206
168
145
156
Non Current Liabilities
20
19
29
17
19
21
26
24
26
36
37
Total Equity
14
16
18
35
40
46
61
86
102
114
130
Reserve & Surplus
10
12
14
30
35
41
56
81
97
109
125
Share Capital
4
4
4
5
5
5
5
5
5
5
5

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
0
1
-1
-0
-0
-1
1
3
-1
7
-7
Investing Activities
-1
-2
-1
-6
-10
-12
-7
-15
-19
-17
-10
Operating Activities
16
13
-4
11
16
21
23
25
21
14
7
Financing Activities
-15
-9
4
-5
-7
-9
-15
-6
-3
10
-3

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Promoter
54.44 %
54.44 %
54.44 %
54.44 %
54.44 %
54.44 %
54.44 %
54.44 %
54.44 %
54.44 %
54.44 %
54.44 %
54.44 %
54.44 %
54.44 %
54.44 %
54.44 %
54.44 %
54.44 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.04 %
0.04 %
0.04 %
0.00 %
DIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.20 %
0.34 %
0.34 %
Government
0.00 %
0.00 %
0.00 %
1.39 %
1.39 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
27.34 %
27.15 %
27.66 %
27.38 %
27.40 %
27.43 %
26.90 %
27.47 %
27.99 %
27.82 %
27.90 %
27.67 %
27.40 %
27.33 %
27.30 %
27.17 %
26.88 %
26.73 %
26.78 %
Others
18.23 %
18.41 %
17.91 %
16.79 %
16.77 %
18.13 %
18.66 %
18.09 %
17.57 %
17.74 %
17.66 %
17.89 %
18.16 %
18.24 %
18.27 %
18.35 %
18.44 %
18.46 %
18.45 %
No of Share Holders
1,783
2,966
4,844
4,802
4,773
4,827
7,884
16,124
17,745
18,635
17,676
16,052
15,144
14,258
13,688
13,389
13,165
12,774
12,932

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 0.00 1 1 1 1.5 2 0.2 0.2 0.22 0.00
Dividend Yield (%) 0.00 0.79 1.02 0.26 0.21 2.16 0.16 0.23 0.35 0.00

Announcements

Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 16, 2026
Unaudited Financial Results For The Quarter Ended 31St December 2025 Together With The Limited Review Report Thereon.Feb 13, 2026
Board Meeting Outcome for Disclosure Of Outcome Of Board Meeting Held On Friday 13Th February 2026Feb 13, 2026
Board Meeting Intimation for Intimation Of Board Meeting Under Regulations 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.Feb 04, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 12, 2026
Closure of Trading WindowDec 29, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 15, 2025
Corrigendum To The Outcome Of Board Meeting Held On Thursday November 13 2025Nov 14, 2025
Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2025 Together With The Limited Review ReportNov 13, 2025
Board Meeting Outcome for Disclosure Of Outcome Of Board Meeting Held On Thursday 13Th November 2025Nov 13, 2025
Board Meeting Intimation for Intimation Of Board Meeting Under Regulations 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Nov 04, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 14, 2025
100 Days Campaign Saksham NiveshakOct 10, 2025
Closure of Trading WindowSep 29, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 25, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementSep 23, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 23, 2025
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Sep 04, 2025
Announcement Under Regulation 30 (LODR)-Newspaper PublicationSep 03, 2025
Reg. 34 (1) Annual Report.Sep 01, 2025
Intimation Of Record Date For The 39Th Annual General Meeting.Sep 01, 2025
Intimation Of Book Closure/Record Date/E-Voting Period For The 39Th Annual General Meeting.Sep 01, 2025
Notice Of The 39Th Annual General Meeting Of Nikhil Adhesives Limited For The Financial Year 2024-25.Sep 01, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 01, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 10, 2025
Intimation Of Reconstitution Of Various Committees Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Aug 08, 2025
Unaudited Standalone Financial Results For The Quarter And Three Months Ended 30Th June 2025 Under Reg 33(3) Of SEBI (Listing Obligations And Disclosure Requirements) Regulation 2015 Along With Limited Review Report.Aug 08, 2025
Board Meeting Outcome for Disclosure Of Outcome Of Board Meeting Held On Friday 08Th August 2025Aug 08, 2025
Board Meeting Intimation for Intimation Of Board Meeting Under Regulations 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Aug 01, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 08, 2025
Clarification On Price MovementJul 02, 2025
Clarification sought from Nikhil Adhesives LtdJul 01, 2025
Closure of Trading WindowJun 26, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportJun 18, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementJun 16, 2025
Shareholder Meeting / Postal Ballot-Outcome of EGMJun 16, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 30, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationMay 29, 2025
Intimation Of EGM Notice Of Nikhil Adhesives LimitedMay 23, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 23, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementMay 21, 2025
Audited Financial Results For The Quarter And Year Ended On 31St March 2025;May 21, 2025
Board Meeting Outcome for Disclosure Of Outcome Of The Board Meeting Held On Wednesday May 21 2025.May 21, 2025
Board Meeting Intimation for Intimation Of Board Meeting Under Regulations 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015May 12, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 14, 2025
Closure of Trading WindowMar 26, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementMar 17, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationFeb 17, 2025
Integrated Filing (Financial)Feb 17, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 11, 2025

Technical Indicators

RSI(14)
Neutral
38.84
ATR(14)
Volatile
3.26
STOCH(9,6)
Neutral
67.18
STOCH RSI(14)
Overbought
91.58
MACD(12,26)
Bullish
0.55
ADX(14)
Strong Trend
49.15
UO(9)
Bearish
47.63
ROC(12)
Uptrend And Accelerating
7.72
WillR(14)
Neutral
-41.21