Latest news about Nikhil Adhesive
Nikhil Adhesive
89.50
+1.11(+1.26%)
Company Performance:
View Company Insights1D+1.26%
1M-2.56%
6M-4.02%
1Y-3.77%
5Y-83.46%
More news about Nikhil Adhesive
08Aug 25
Nikhil Adhesives Reports Q2 Results, Announces Board Restructuring and AGM Date
Nikhil Adhesives Limited reported a 23.39% decrease in revenue to Rs. 12,347.14 lakhs and a 29.20% drop in net profit to Rs. 356.74 lakhs for Q2 ended June 30. The company plans to reduce its trading division and focus on manufacturing operations. Board committees have been restructured, and a Risk Management Committee voluntarily adopted. The 39th AGM is scheduled for September 23, with proposals for new statutory and secretarial auditors. Nikhil Adhesives has also changed its inventory valuation method from FIFO to Weighted Average and Standard Cost methods.
08Aug 25
Nikhil Adhesives Reports 28% Drop in Q1 Profit Amid Revenue Decline
Nikhil Adhesives, a manufacturer of adhesives, binders, and chemicals, reported a 28% decline in Q1 net profit to ₹36.00 crore, down from ₹50.00 crore year-over-year. Revenue fell 25% to ₹120.00 crore from ₹160.00 crore. The company is reducing its trading division to focus on manufacturing operations. Despite revenue decline, expenses were controlled at ₹118.91 crore. The company implemented changes in inventory valuation methods and reported a foreign exchange gain of ₹7.87 lakh.
21May 25
Nikhil Adhesives Reports Mixed Q4 Results: EBITDA and Profit Up, Revenue Down
Nikhil Adhesives Ltd. announced its Q4 financial results, showing improved profitability despite revenue challenges. EBITDA increased by 6.74% to ₹95.00 crore, with EBITDA margin rising to 6.79%. Net profit grew by 10.53% to ₹42.00 crore. However, revenue declined by 6.67% to ₹1,400.00 crore compared to the previous year. The company demonstrated effective cost management and operational efficiency, offsetting the impact of reduced revenue.
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