How has been the historical performance of Nikhil Adhesives?

Answer:The historical performance of Nikhil Adhesives shows a mixed trend over the years from 2010 to 2012.

Breakdown:
Nikhil Adhesives experienced growth in net sales, increasing from 121.81 Cr in March 2010 to 164.90 Cr in March 2012. Total operating income also rose from 121.81 Cr in March 2010 to 166.43 Cr in March 2012. However, the company faced rising raw material costs, which escalated from 70.86 Cr in March 2010 to 115.68 Cr in March 2012. Despite the increase in sales, the total expenditure (excluding depreciation) grew significantly, reaching 158.23 Cr in March 2012 from 115.02 Cr in March 2010. Operating profit (PBDIT) saw a slight increase from 7.39 Cr in March 2010 to 8.30 Cr in March 2012, but profit before tax declined from 3.74 Cr in March 2010 to 1.15 Cr in March 2012. Consequently, profit after tax also decreased from 2.27 Cr in March 2010 to 0.77 Cr in March 2012, leading to a drop in earnings per share from 5.81 in March 2010 to 1.98 in March 2012. The operating profit margin (excluding other income) fell from 5.58% in March 2010 to 4.93% in March 2012, and the PAT margin decreased from 1.86% to 0.47% in the same period. Overall, while Nikhil Adhesives showed growth in sales and operating income, profitability metrics indicated a decline, reflecting challenges in managing costs and expenses.