Nikhil Adhesives

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.

Who are in the management team of Nikhil Adhesives?

As of March 2022, the management team of Nikhil Adhesives includes U J Sanghavi (Chairman/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. Each member contributes to the company's governance and management.

As of March 2022, the management team of Nikhil Adhesives includes the following members:<BR><BR>1. U J Sanghavi - Chairman / Whole-Time Director / Managing Director<BR>2. R J Sanghavi - Whole-Time Director & Executive Director<BR>3. T J Sanghavi - Whole-Time Director & Executive Director<BR>4. P K Laheri - Non-Executive & Independent Director<BR>5. Naresh Bhutia - Non-Executive & Independent Director<BR>6. Ishita Tushar Gandhi - Non-Executive & Independent Director<BR>7. Gauri Trivedi - Non-Executive & Independent Director<BR>8. Subramanian V - Non-Executive & Independent Director<BR><BR>Each member plays a distinct role in the governance and management of the company.

What does Nikhil Adhesives do?

Nikhil Adhesives Ltd manufactures water thinnable polymer emulsions and adhesives in the specialty chemicals sector. As of March 2025, it reported net sales of ₹142 Cr and a net profit of ₹4 Cr, with a market cap of ₹432 Cr.

Overview: <BR>Nikhil Adhesives Ltd is engaged in the manufacturing of water thinnable polymer emulsions and adhesives, operating within the specialty chemicals industry and categorized as a micro-cap company.<BR><BR>History: <BR>Nikhil Adhesives Ltd was incorporated in 1986 and has been continuously operating in the adhesive manufacturing sector since then. The latest reported quarterly results show net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 142 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 4 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 432 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 26.00 <BR>Industry P/E: 47 <BR>Dividend Yield: 0.21% <BR>Debt-Equity: 0.41 <BR>Return on Equity: 12.99% <BR>Price to Book: 3.35<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

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.

Who are the peers of the Nikhil Adhesives?

Nikhil Adhesives' peers include Pidilite Industries, SRF, Gujarat Fluoroch, and others, with varying management risks and growth rates. Nikhil Adhesives has a 1-year return of -18.32%, better than Vikas Ecotech but worse than SRF, which leads at 30.57%.

Peers: The peers of Nikhil Adhesives are Pidilite Inds., SRF, Gujarat Fluoroch, Deepak Nitrite, Himadri Special, Vikas Ecotech, Multibase India, Titan Biotech, Diamines & Chem., and Dynemic Products.<BR><BR>Quality Snapshot: Excellent management risk is observed at Deepak Nitrite, Titan Biotech, and Diamines & Chem., while Good management risk is found at Pidilite Inds., SRF, Himadri Special, and Nikhil Adhesives. Average management risk is present at Gujarat Fluoroch, Vikas Ecotech, Multibase India, and Dynemic Products. For Growth, Excellent growth is seen at Himadri Special, while Average growth is found at Pidilite Inds. and SRF, and Below Average growth is noted at Gujarat Fluoroch, Deepak Nitrite, Nikhil Adhesives, Vikas Ecotech, Multibase India, Titan Biotech, Diamines & Chem., and Dynemic Products. In terms of Capital Structure, Excellent capital structure is observed at Pidilite Inds., SRF, Deepak Nitrite, Titan Biotech, and Diamines & Chem., while Good capital structure is found at Himadri Special and Nikhil Adhesives, and Below Average capital structure is noted at Vikas Ecotech and Dynemic Products.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SRF at 30.57%, while the peer with the lowest is Vikas Ecotech at -36.41%. Nikhil Adhesives has a 1-year return of -18.32%, which is better than Vikas Ecotech but worse than SRF. Additionally, several peers, including Gujarat Fluoroch, Deepak Nitrite, Himadri Special, Vikas Ecotech, Multibase India, Titan Biotech, Diamines & Chem., and Dynemic Products, have negative six-month returns.

How big is Nikhil Adhesives?

As of 24th July, Nikhil Adhesives Ltd has a market capitalization of 521.00 Cr, categorizing it as a Micro Cap company, with net sales of 166.04 Cr and a net profit of 0.64 Cr in the latest four quarters. Data for Shareholder's Funds and Total Assets is unavailable.

As of 24th July, Nikhil Adhesives Ltd has a market capitalization of 521.00 Cr, which categorizes 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. However, data for Shareholder's Funds and Total Assets is unavailable.

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.

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.

When is the next results date for Nikhil Adhesives Ltd?

Nikhil Adhesives Ltd will announce its results on 13 February 2026.

Nikhil Adhesives Ltd is scheduled to declare its results on 13 February 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.

Should I buy, sell or hold Nikhil Adhesives Ltd?

Why is Nikhil Adhesives Ltd falling/rising?

As of 17-Mar, Nikhil Adhesives Ltd's stock price is rising to Rs 64.16, reflecting a 3.27% increase. This rise is driven by an opening gain and intraday high, despite significant volatility and a decline in investor participation.

As of 17-Mar, Nikhil Adhesives Ltd's stock price is rising, currently at Rs 64.16, reflecting a change of Rs 2.03 or 3.27% increase. This upward movement can be attributed to several factors observed today. The stock opened with a gain of 2.67% and reached an intraday high of Rs 69, which is an increase of 11.06%. Additionally, the stock has outperformed its sector by 3.28% today.<BR><BR>Despite the positive performance today, it is important to note that the stock has experienced significant volatility, with an intraday volatility of 6.28%. However, the weighted average price indicates that more volume was traded closer to the low price, suggesting some selling pressure. Furthermore, there has been a notable decline in investor participation, with delivery volume falling by 52.79% compared to the 5-day average.<BR><BR>Overall, while the stock is currently rising, it is essential to consider the broader context of its performance over different periods, where it has shown declines year-to-date and over the past year. Nonetheless, the immediate factors contributing to the rise today include the opening gain, intraday high, and sector outperformance.

Why is Nikhil Adhesives Ltd falling/rising?

As of 18-Mar, Nikhil Adhesives Ltd's stock price is rising to 72.35, reflecting a 12.33% increase. This rise is driven by strong recent performance, outperforming the benchmark Sensex, despite a decline in investor participation.

As of 18-Mar, Nikhil Adhesives Ltd's stock price is rising, currently at 72.35, reflecting a change of 7.94 or 12.33% increase. This upward movement can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 11.88% while the Sensex has seen a slight decline of 0.21%. Additionally, the stock has shown a strong performance over the last two days, with a total increase of 17.5% during this period.<BR><BR>Today's trading session has also been notable, with the stock reaching an intraday high of Rs 74, representing a 14.89% increase at its peak. Despite high volatility, with an intraday volatility of 6.92%, the stock has maintained a performance that exceeds sector averages by 12.85%. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 1.75% against the 5-day average, which could indicate some caution among investors.<BR><BR>Overall, the combination of recent gains, strong performance relative to the sector, and positive short-term trends contribute to the rising stock price of Nikhil Adhesives Ltd.

Why is Nikhil Adhesives Ltd falling/rising?

As of 19-Mar, Nikhil Adhesives Ltd's stock price has risen to 74.84, reflecting a 3.44% increase, driven by strong relative performance in its sector and positive trading activity. Despite long-term declines, recent gains and increased investor interest suggest upward momentum.

As of 19-Mar, Nikhil Adhesives Ltd is experiencing a rise in its stock price, currently at 74.84, which reflects a change of 2.49 or 3.44% increase. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 5.91%, indicating strong relative performance compared to other companies in the chemicals sector, which itself has seen a decline of 2.47%. Additionally, Nikhil Adhesives has been on a positive trend, gaining for the last three consecutive days and achieving a total return of 20.46% during this period.<BR><BR>Moreover, the stock reached an intraday high of Rs 76.1, marking a 5.18% increase at its peak today. The rising investor participation is also noteworthy, with a delivery volume of 46.57k on March 18, which is a significant increase of 47.66% compared to the five-day average. This suggests growing interest and confidence among investors in the stock.<BR><BR>While the stock's performance over the longer term shows some declines, such as a 16.65% drop over the past year and a 26.66% decline over three years, the recent short-term gains and positive trading activity indicate a current upward momentum in Nikhil Adhesives Ltd's stock price.

Why is Nikhil Adhesives Ltd falling/rising?

As of 20-Mar, Nikhil Adhesives Ltd's stock price is Rs 70.90, down 4.19% after a trend reversal. Despite recent gains over the week and month, the stock has a year-to-date decline of 9.16% and is currently below its moving averages, indicating bearish sentiment.

As of 20-Mar, Nikhil Adhesives Ltd's stock price is falling, currently at Rs 70.90, which reflects a decrease of Rs 3.1 or 4.19%. This decline follows a trend reversal after three consecutive days of gains. The stock opened today with a loss of 3.78% and has experienced significant volatility, with an intraday range of Rs 7.88, touching a high of Rs 75.88 and a low of Rs 68.<BR><BR>In terms of performance, the stock has underperformed its sector by 3.95% today. Additionally, while the stock has shown positive returns over the past week (+12.45%) and month (+14.41%), it has a year-to-date decline of 9.16% and a one-year drop of 19.63%. The stock's moving averages indicate that it is currently lower than the 100-day and 200-day moving averages, which may contribute to bearish sentiment among investors.<BR><BR>Despite a rise in investor participation, with delivery volume increasing by 30.53% on March 19, the overall market conditions and the stock's recent performance suggest a downward trend.

Why is Nikhil Adhesives Ltd falling/rising?

As of 23-Mar, Nikhil Adhesives Ltd's stock price is at 68.00, down 3.82% after a two-day decline of 8.11%. Despite a positive weekly return of 9.45%, the stock has underperformed year-to-date and over the past year compared to the Sensex.

As of 23-Mar, Nikhil Adhesives Ltd's stock price is currently at 68.00, reflecting a decrease of 2.7 (-3.82%). The stock has been experiencing a downward trend, having fallen for the last two days, resulting in a total decline of -8.11% during this period. Despite opening with a gain of 3.08% today and reaching an intraday high of Rs 74.98, it ultimately dropped to its current price, indicating volatility within the trading session.<BR><BR>In terms of performance relative to the benchmark, the stock has shown a positive return of +9.45% over the past week, contrasting with a decline of -3.72% in the Sensex. However, over the longer term, the stock has underperformed, with a year-to-date decline of -12.88% compared to the Sensex's -14.70%. Additionally, the stock's performance over the past year shows a significant drop of -23.56%, while the Sensex has only decreased by -5.47%.<BR><BR>The stock's trading activity indicates a wide range of Rs 6.98, with more volume traded closer to the low price, suggesting that investor sentiment may be cautious. Furthermore, the chemicals sector, in which Nikhil Adhesives operates, has also seen a decline of -3.79%. Although there has been a rise in investor participation, with delivery volume increasing by 5.79% against the 5-day average, the overall trend remains negative, contributing to the stock's current fall.

Why is Nikhil Adhesives Ltd falling/rising?

As of 24-Mar, Nikhil Adhesives Ltd's stock price is at 66.67, down 2.34% and reflecting a total decline of 9.91% over the past three days. The stock has underperformed its sector and benchmarks, with negative investor sentiment and poor long-term growth prospects contributing to its falling price.

As of 24-Mar, Nikhil Adhesives Ltd's stock price is currently at 66.67, reflecting a decrease of 1.6 or 2.34%. The stock has been experiencing a consecutive decline over the past three days, resulting in a total drop of 9.91% during this period. Despite opening with a gain of 2.53% today and reaching an intraday high of Rs 70.89, it has also touched a low of Rs 64.61, indicating significant volatility within the trading day.<BR><BR>The stock's performance has underperformed its sector by 4.73%, and the overall market sentiment appears to be negative, as evidenced by the stock's year-to-date decline of 14.58%, which is worse than the benchmark's drop of 13.09%. Additionally, the stock has consistently underperformed against the benchmark over the last three years, with a one-year return of -26.41% compared to a mere -5.02% for the Sensex.<BR><BR>Investor participation has also been declining, with delivery volume falling by 30% compared to the five-day average, suggesting reduced interest among investors. Furthermore, while the company has shown high management efficiency and a strong ability to service debt, the long-term growth prospects appear poor, with net sales and operating profit growing at only 6.10% and 7.77% annually over the last five years, respectively.<BR><BR>In summary, the combination of recent price declines, underperformance against benchmarks, reduced investor participation, and concerns about long-term growth prospects are contributing to the falling stock price of Nikhil Adhesives Ltd.

Why is Nikhil Adhesives Ltd falling/rising?

As of 25-Mar, Nikhil Adhesives Ltd's stock price is currently at 67.60, reflecting a short-term recovery after previous declines, but ongoing issues like reduced investor participation and underperformance against benchmarks indicate caution.

As of 25-Mar, Nikhil Adhesives Ltd's stock price is rising, currently at 67.60, reflecting an increase of 0.93 or 1.39%. This rise comes after a trend reversal, as the stock has gained after three consecutive days of decline. Despite this positive movement today, the stock has underperformed its sector by 0.31%. <BR><BR>Looking at the recent performance, the stock has experienced a decline of 6.57% over the past week, but it has shown a significant increase of 10.06% over the past month. Year-to-date, the stock is down 13.39%, and over the last year, it has decreased by 25.71%. <BR><BR>Investor participation appears to be falling, with a delivery volume of 21.17k on March 24, which is down by 43.33% compared to the 5-day average. Additionally, while the stock price is currently higher than the 20-day moving average, it remains lower than the 5-day, 50-day, 100-day, and 200-day moving averages, indicating mixed signals regarding its overall trend. <BR><BR>In summary, the stock's current rise is a short-term recovery after a series of declines, but ongoing issues such as reduced investor participation and underperformance against benchmarks suggest caution moving forward.

Which are the latest news on Nikhil Adhesives?