NIKHILAD.BO · BSE
NIKHIL ADHESIVES LTD.
₹84.1
+1.69% (+₹1.4)
Prev. close
₹82.7
Volume
13,649
As of
23 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About NIKHIL ADHESIVES LTD.
Nikhil Adhesives Limited manufactures and sells polymer emulsions and adhesives in India. It offers rubber, lamination, contact, tile, packaging, sticker, putty, tape, wood, and other adhesives; sealants; and polymer waterproofing and bonding agents, water repellents, integral waterproofing compounds, repairs and restorations, grouts and anchors, surface treatments, admixtures/plasticizers, floor coatings and hardeners, tile grouts and adhesives, waterproofing coating and membrane, crack filling compounds, and anti-corrosive coating solutions. The company also provides adhesive for manufacturing tapes, special applications, and packaging industries; construction chemicals; paint emulsions comprising pure acrylic, styrene acrylic and Vam acrylic co-polymer, Vam-Veova co-polymer, TER-polymer, and polymer additives and powder; polyvinyl acetate co-polymers and homo polymer for textile finishing; and pigment printing and flocking binders, gold printing binders range, carpet binders range, coating agents, fixers and crosslinking agents, functional and speciality additives, thickeners, and dispersants and wetting agents, as well as monomers, solvents, chemicals, opacifiers, and opaque polymers. It offers its products under the Mahacol, Emdilith, Emditex, Emdicryl, Mahafix, and Emdibind brands. The company exports its products to Nepal, Taiwan, Bangladesh, Sri Lanka, and Africa. Nikhil Adhesives Limited was incorporated in 1986 and is based in Mumbai, India.
Details
Sector
Basic Materials
Industry
Specialty Chemicals
CEO
Mr. Umesh Jayantilal Sanghavi
Headquarters
Mumbai
Employees
365
Website
nikhiladhesives.comExchange
View on BSE ↗Key stats
Market cap
₹386.38 Cr
P/E ratio (TTM)
20.0
Dividend yield
0.27%
EPS (TTM)
₹4.21
Beta (1Y · daily vs NIFTY 50)
0.77
Beta (5Y · monthly vs NIFTY 50)
1.67
Shares float
92.05 L
EPS · quarter ended Jun 2026
₹1.59
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (standalone), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 1.8% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: Yahoo (no NSE corporate-actions ledger for this listing).
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹491.01 Cr | ₹813.74 Cr | ₹730.31 Cr | ₹556.41 Cr | ₹582.50 Cr | ₹547.37 Cr | |
| EBITDA | ₹31.30 Cr | ₹44.01 Cr | ₹32.80 Cr | ₹31.12 Cr | ₹36.07 Cr | ₹36.30 Cr |
| ₹15.65 Cr | ₹25.26 Cr | ₹17.04 Cr | ₹13.25 Cr | ₹16.65 Cr | ₹17.36 Cr | |
| Diluted EPS | ₹34.07 | ₹54.99 | ₹3.71 | ₹2.88 | ₹3.62 | ₹3.78 |
Depreciation & amortisation, Pretax income, Tax provision, Interest expense have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | — | ₹295.26 Cr | ₹294.89 Cr | ₹322.10 Cr | ₹336.64 Cr | |
| — | — | ₹34.75 Cr | ₹53.24 Cr | ₹58.55 Cr | ₹67.69 Cr | |
| Stockholders' equity | — | — | ₹101.67 Cr | ₹113.54 Cr | ₹129.12 Cr | ₹145.63 Cr |
Total assets, Current assets, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, Total debt, Long-term debt, Current (short-term) debt, Others, Stockholders' equity have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | — | ₹20.58 Cr | ₹14.24 Cr | ₹6.90 Cr | ₹-48.23 L | |
| Investing cash flow | — | — | ₹-19.09 Cr | ₹-17.05 Cr | ₹-9.88 Cr | ₹-3.11 Cr |
| — | — | ₹-2.79 Cr | ₹10.24 Cr | ₹-3.74 Cr | ₹1.72 Cr | |
| Capital expenditure | — | — | ₹-19.13 Cr | ₹-17.19 Cr | ₹-10.93 Cr | ₹-3.72 Cr |
| End cash position | — | — | ₹3.59 Cr | ₹11.03 Cr | ₹4.32 Cr | ₹2.45 Cr |
Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Dividends paid, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
12 · Peer Comparison
Basic Materials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| UltraTech Cement Limited | ₹3.24 L Cr | ₹11,155 | 38.0 | 4.22 | 10.7% | 0.31 | +16.6% | -10.0% |
| JSW Steel Limited | ₹3.10 L Cr | ₹1,267 | 12.5 | 3.09 | 22.3% | 1.19 | +9.3% | +13.4% |
| Hindustan Zinc Limited | ₹2.50 L Cr | ₹595.45 | 14.6 | 11.03 | 61.1% | 0.39 | +18.6% | +29.0% |
| Asian Paints Limited | ₹2.34 L Cr | ₹2,448.5 | 49.0 | 10.95 | 20.2% | 0.18 | +5.1% | -1.4% |
| Tata Steel Limited | ₹2.31 L Cr | ₹190.82 | 20.9 | 2.26 | 10.6% | 0.90 | +6.2% | +10.1% |
| Hindalco Industries Limited | ₹2.16 L Cr | ₹1,003.8 | 13.2 | 1.58 | 9.8% | 0.73 | +15.0% | +34.6% |
| Grasim Industries Limited | ₹2.12 L Cr | ₹3,188.5 | 37.3 | 2.05 | 4.8% | 2.20 | +18.2% | +13.3% |
| Solar Industries India Limited | ₹1.80 L Cr | ₹19,730 | 90.6 | 28.67 | 26.7% | 0.29 | +30.6% | +38.8% |
| Vedanta Aluminium Metal Limited | ₹1.63 L Cr | ₹413.05 | 42.4 | — | — | — | — | — |
| Pidilite Industries Limited | ₹1.60 L Cr | ₹1,588.1 | 60.6 | 14.79 | 22.6% | 0.04 | +11.1% | +6.6% |
| JINDAL STEEL LIMITED | ₹1.16 L Cr | ₹1,175.3 | 42.4 | 2.28 | 6.6% | 0.44 | +5.5% | +10.6% |
| NIKHIL ADHESIVES LTD. | ₹379.95 Cr | ₹82.7 | 19.6 | 2.61 | 11.9% | 0.46 | -6.0% | -17.0% |
Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 27
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Nikhil Adhesives standalone net profit rises 37.08% in the June 2026 quarter
Business Standard · 1 month ago