Nikhil Adhesives

Which are the latest news on Nikhil Adhesives?

Why is Nikhil Adhesives Ltd falling/rising?

As of 05-Sep, Nikhil Adhesives Ltd's stock price is rising to 81.72, reflecting a 1.93% increase. This upward trend is driven by strong recent performance, increased investor participation, and favorable liquidity conditions.

As of 05-Sep, Nikhil Adhesives Ltd's stock price is rising, currently at 81.72, reflecting a change of 1.55 (1.93%) upward. This increase can be attributed to several factors. Firstly, the stock has shown a strong performance over the past month, with a gain of 13.06%, significantly outperforming the benchmark Sensex, which declined by 2.44% during the same period. Additionally, the stock's current price is higher than its 20-day, 50-day, and 200-day moving averages, indicating a positive trend in the short to medium term.<BR><BR>Moreover, there has been a notable increase in investor participation, with delivery volume rising by 39.94% compared to the 5-day average, suggesting growing interest and confidence among investors. The stock's liquidity is also favorable, being liquid enough for trading, which can further support its price stability and potential rise. Overall, these factors contribute to the upward movement of Nikhil Adhesives Ltd's stock price.

Who are in the management team of Nikhil Adhesives?

The management team of Nikhil Adhesives includes U J Sanghavi (Chairman and Managing Director), R J Sanghavi, T J Sanghavi (both Whole-Time Directors), and several Non-Executive Independent Directors: P K Laheri, Naresh Bhutia, Ishita Tushar Gandhi, Gauri Trivedi, and Subramanian V. They are responsible for the company's governance and strategic direction.

The management team of Nikhil Adhesives includes the following individuals:<BR><BR>1. **U J Sanghavi** - Chairman, Whole-Time Director, and Managing Director<BR>2. **R J Sanghavi** - Whole-Time Director and Executive Director<BR>3. **T J Sanghavi** - Whole-Time Director and Executive Director<BR>4. **P K Laheri** - Non-Executive and Independent Director<BR>5. **Naresh Bhutia** - Non-Executive and Independent Director<BR>6. **Ishita Tushar Gandhi** - Non-Executive and Independent Director<BR>7. **Gauri Trivedi** - Non-Executive and Independent Director<BR>8. **Subramanian V** - Non-Executive and Independent Director<BR><BR>This team plays a crucial role in the governance and strategic direction of the company.

What does Nikhil Adhesives do?

Nikhil Adhesives Ltd manufactures polymer emulsions and adhesives in the specialty chemicals sector. As of June 2026, it reported net sales of ₹189 Cr and a net profit of ₹7 Cr, with a market cap of ₹372 Cr.

Overview: <BR>Nikhil Adhesives Ltd is engaged in the manufacturing of various types of polymer emulsions and adhesives within the specialty chemicals industry, classified as a micro-cap company.<BR><BR>History: <BR>Nikhil Adhesives Limited was incorporated in 1986 and has been operating in the adhesive manufacturing sector since then. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 189 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 7 Cr (Quarterly Results - Jun 2026) <BR>Market-cap: INR 372 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 17.00 <BR>Industry P/E: 43 <BR>Dividend Yield: 0.27% <BR>Debt-Equity: 0.44 <BR>Return on Equity: 14.68% <BR>Price to Book: 2.60<BR><BR>Contact Details: <BR>Address: Shreeji Indl Estate Vadkun, College Road Dahanu Thane Maharashtra : 401602 <BR>Tel: 91-2528-26835864/26836558 <BR>Email: ynakre@nikhiladhesives.com <BR>Website: http://www.nikhiladhesives.com

Who are the peers of the Nikhil Adhesives?

Nikhil Adhesives' peers include Jayant Agro Org., Black Rose Indus, and HP Adhesives, among others. Black Rose Indus leads in 1-year returns at 19.98%, while Nikhil Adhesives has a return of -22.44%.

Peers: The peers of Nikhil Adhesives are Jayant Agro Org., Black Rose Indus, Vipul Organics, Plastiblends (I), Aarti Surfactant, HP Adhesives, Dynemic Products, Narmada Gelatine, and India Gelatine.<BR><BR>Quality Snapshot: Excellent management risk is observed at Black Rose Indus, Narmada Gelatine, and India Gelatine, while Average management risk is found at Jayant Agro Org., Vipul Organics, Plastiblends (I), Aarti Surfactant, and Dynemic Products, and the rest. Good growth is noted at Narmada Gelatine and India Gelatine, while Below Average growth is seen at Jayant Agro Org., Black Rose Indus, Vipul Organics, Plastiblends (I), Aarti Surfactant, Nikhil Adhesives, HP Adhesives, Dynemic Products, and the rest. Good capital structure is present at Nikhil Adhesives, Jayant Agro Org., and HP Adhesives, while Excellent capital structure is found at Black Rose Indus and Plastiblends (I), and Below Average capital structure is noted at Aarti Surfactant and Dynemic Products.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Black Rose Indus at 19.98%, while Dynemic Products has the lowest at -38.82%. Nikhil Adhesives' 1-year return is -22.44%, which is better than Dynemic Products but worse than Black Rose Indus. Additionally, HP Adhesives and Dynemic Products have negative six-month returns.

Should I buy, sell or hold Nikhil Adhesives Ltd?

How big is Nikhil Adhesives?

Summary could not be generated.

As of 14th August, Nikhil Adhesives Ltd has a market capitalization of 367.22 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Nikhil Adhesives reported net sales of 166.04 Cr and a net profit of 0.64 Cr.<BR><BR>The reporting period for the balance sheet is the latest annual period, but data for Shareholder's Funds and Total Assets is unavailable.

When is the next results date for Nikhil Adhesives Ltd?

The next results date for Nikhil Adhesives Ltd is 27 May 2026.

The next results date for Nikhil Adhesives Ltd is scheduled for 27 May 2026.

Are Nikhil Adhesives Ltd latest results good or bad?

Nikhil Adhesives Ltd's latest results show strong revenue growth of 33.28% year-on-year, but a significant net profit decline of 55.24% and reduced operating margins indicate underlying operational challenges, suggesting the results are not favorable overall.

The latest results for Nikhil Adhesives Ltd present a mixed picture. On one hand, the company reported a revenue increase of 33.28% year-on-year, reaching ₹42.29 crores for the September 2011 quarter. This indicates strong top-line growth. However, the net profit for the same quarter fell sharply to ₹0.47 crores, down 55.24% from the previous quarter, which raises significant concerns about profitability.<BR><BR>Additionally, the operating margin has also compressed, decreasing to 4.13% from 5.98% in the prior quarter. This suggests that while the company is generating more revenue, it is struggling to maintain profitability due to rising costs or operational inefficiencies.<BR><BR>Overall, the results indicate that despite revenue growth, the substantial drop in net profit and declining margins point to underlying operational challenges. This combination of factors suggests that the latest results are not favorable, reflecting a concerning trend for the company's financial health.

How has been the historical performance of Nikhil Adhesives?

Nikhil Adhesives showed mixed historical performance from 2010 to 2012, with net sales and operating income increasing, but profitability metrics such as profit before tax and earnings per share declining significantly. Operating profit margin and profit after tax margin also decreased during this period.

Answer:<BR>The historical performance of Nikhil Adhesives shows a mixed trend over the years from 2010 to 2012.<BR><BR>Breakdown:<BR>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 total expenditure, excluding depreciation, increased significantly from 115.02 Cr in March 2010 to 158.23 Cr in March 2012, leading to a decline in operating profit (PBDIT) from 7.39 Cr in March 2010 to 8.30 Cr in March 2012. Profit before tax saw a decrease from 3.74 Cr in March 2010 to 1.15 Cr in March 2012, and profit after tax dropped from 2.27 Cr in March 2010 to 0.77 Cr in March 2012. The earnings per share (EPS) also fell from 5.81 in March 2010 to 1.98 in March 2012. The operating profit margin slightly decreased from 5.58% in March 2010 to 4.93% in March 2012, while the profit after tax margin declined from 1.86% in March 2010 to 0.47% in March 2012. Overall, while sales and operating income grew, profitability metrics showed a downward trend during this period.

Is Nikhil Adhesives overvalued or undervalued?

As of October 13, 2025, Nikhil Adhesives is fairly valued with a PE ratio of 33.69 and an EV to EBITDA of 16.39, but has underperformed the Sensex with a -9.73% stock return over the past year, indicating challenges in justifying its price in the competitive specialty chemicals market.

As of 13 October 2025, the valuation grade for Nikhil Adhesives has moved from attractive to fair, indicating a shift in market perception. The company is currently fairly valued, with a PE ratio of 33.69, an EV to EBITDA of 16.39, and a ROCE of 16.54%. In comparison to peers, Godrej Industries has a PE of 34.97 and an EV to EBITDA of 28.51, while Solar Industries is considered very expensive with a PE of 100.41 and an EV to EBITDA of 61.79.<BR><BR>Despite the fair valuation, Nikhil Adhesives has underperformed relative to the Sensex over the past year, with a stock return of -9.73% compared to the Sensex's 1.16%. This performance, combined with the current ratios, suggests that while the company is not undervalued, it may face challenges in justifying its current price levels in the competitive specialty chemicals market.

Is Nikhil Adhesives technically bullish or bearish?

As of October 13, 2025, the trend is mildly bullish with short-term bullish signals, but mixed indicators in longer timeframes suggest caution.

As of 13 October 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and bullish Bollinger Bands on both weekly and monthly timeframes. Daily moving averages also indicate a bullish trend. However, the monthly MACD and KST remain bearish, which suggests caution. The Dow Theory indicates a mildly bullish stance on the weekly but mildly bearish on the monthly. Overall, while there are bullish signals in the short term, the mixed indicators in longer timeframes suggest a need for careful monitoring.

Who are the top shareholders of the Nikhil Adhesives?

The top shareholders of Nikhil Adhesives include Rekha Tarak Sanghavi with 10.55%, Vasant Polymers & Chemicals Pvt. Ltd. with 10.96%, and individual investors holding 27.17%. There are no pledged promoter holdings, and the company has one foreign institutional investor with 0.04% ownership, while mutual funds do not hold any shares.

The top shareholders of Nikhil Adhesives include a mix of promoters and public investors. The promoter with the highest holding is Rekha Tarak Sanghavi, who owns 10.55% of the company. The highest public shareholder is Vasant Polymers & Chemicals Pvt. Ltd., holding 10.96%. Additionally, individual investors collectively hold 27.17% of the shares. There are no pledged promoter holdings, and the company has one foreign institutional investor (FII) holding 0.04% of the shares. Mutual funds do not hold any shares in the company.

Has Nikhil Adhesives declared dividend?

Nikhil Adhesives Ltd has declared a 20% dividend, amounting to ₹0.2 per share, with an ex-date of September 19, 2024. While recent total returns show losses in the short term, the company has experienced substantial gains over longer periods.

Nikhil Adhesives Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 0.2<BR>- Ex-date: 19 Sep 24<BR><BR>Dividend Yield: 0.21%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -23.26%, the dividend return was 0%, resulting in a total return of -23.26%.<BR><BR>Over the past year, the price return was -18.96%, with a dividend return of 0.17%, leading to a total return of -18.79%.<BR><BR>In the 2-year period, the price return was -23.94%, the dividend return was 0.33%, culminating in a total return of -23.61%.<BR><BR>For the 3-year period, the price return was 27.28%, the dividend return was 3.51%, which resulted in a total return of 30.79%.<BR><BR>In the last 4 years, the price return was 69.41%, the dividend return was 5.44%, giving a total return of 74.85%.<BR><BR>Finally, over the 5-year period, the price return was 791.05%, the dividend return was 42.10%, leading to a total return of 833.15%.<BR><BR>Overall, Nikhil Adhesives has declared a dividend, but the recent total returns indicate a mixed performance, with significant losses in the short term but substantial gains over longer periods.