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.

Are Nikhil Adhesives latest results good or bad?

Nikhil Adhesives reported disappointing results for June 2025, with net sales down 15.5% to Rs 123.47 crore and Profit Before Tax falling 17.8% to Rs 4.56 crore. MarketsMOJO has issued a 'Sell' call, indicating the company's financial performance is poor.

Nikhil Adhesives has reported disappointing financial results for the quarter ending June 2025. The company experienced a significant decline in key performance metrics, with net sales dropping to Rs 123.47 crore, which is a 15.5% decrease compared to the average net sales of Rs 146.15 crore over the previous four quarters. This represents the lowest sales figure the company has recorded in the last five quarters.<BR><BR>Profit Before Tax (PBT) also fell to Rs 4.56 crore, down 17.8% from the average PBT of Rs 5.55 crore in the previous four quarters. Additionally, the operating profit reached its lowest point in five quarters at Rs 8.37 crore, indicating ongoing financial challenges.<BR><BR>Given these results, MarketsMOJO has issued a 'Sell' call on Nikhil Adhesives, reflecting the negative trends in the company's financial performance. Overall, the latest results can be characterized as poor, highlighting significant challenges for the company moving forward.

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.

Should I buy, sell or hold Nikhil Adhesives?

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.

Why is Nikhil Adhesives Ltd falling/rising?

As of 08-Feb, Nikhil Adhesives Ltd's stock price is rising to 69.00, up 1.35% after a trend reversal following four days of decline. However, it remains below key moving averages and close to its 52-week low, despite increased investor interest indicated by a 137.33% rise in delivery volume.

As of 08-Feb, Nikhil Adhesives Ltd's stock price is rising, currently at 69.00, reflecting an increase of 0.92 (1.35%). This upward movement comes after a trend reversal, as the stock has gained after four consecutive days of decline. Additionally, the stock has outperformed its sector by 2.15% today, indicating a relative strength compared to its peers. <BR><BR>Despite this positive movement, it is important to note that the stock is still trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests that the overall trend remains bearish in the longer term. Furthermore, the stock is close to its 52-week low, being only 4.33% away from the low of Rs 66.01. <BR><BR>On a more positive note, there has been a significant increase in investor participation, with delivery volume rising by 137.33% against the 5-day average, indicating growing interest among investors. This combination of factors contributes to the current rise in the stock price, even as it faces challenges in the broader context of its performance over the past weeks and months.

Which are the latest news on Nikhil Adhesives?