Nikhil Adhesives

Why is Nikhil Adhesives Ltd falling/rising?

As of 11-Jun, Nikhil Adhesives Ltd's stock price is Rs 83.20, reflecting a decline of 1.77% and a significant drop of 9.18% over the past month. Despite increased investor participation, the stock's performance remains weak compared to the benchmark Sensex, indicating a bearish trend.

As of 11-Jun, Nikhil Adhesives Ltd's stock price is falling, currently at Rs 83.20, which reflects a decrease of Rs 1.5 or 1.77%. The stock has been underperforming, having lost 6.47% over the last three days, and it has also shown a significant decline of 9.18% over the past month. In comparison to the benchmark Sensex, which has decreased by only 2.87% in the same timeframe, Nikhil Adhesives Ltd's performance is notably weaker.<BR><BR>Today's trading session has seen the stock reach an intraday high of Rs 86.87 but also a low of Rs 82.1, indicating volatility. The weighted average price suggests that more volume was traded closer to the lower price, which could indicate selling pressure. Additionally, while the stock is trading above its 100-day moving average, it is below the 5-day, 20-day, 50-day, and 200-day moving averages, which may signal a bearish trend.<BR><BR>Despite a rise in investor participation, with a 42.5% increase in delivery volume compared to the 5-day average, the overall sentiment remains negative as the stock continues to decline. Thus, the combination of recent performance trends, relative underperformance against the benchmark, and current trading dynamics contribute to the falling stock price of Nikhil Adhesives Ltd.

Which are the latest news on Nikhil Adhesives?

How big is Nikhil Adhesives?

As of 10th June, Nikhil Adhesives Ltd has a market capitalization of 404.00 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. Specific values for Shareholder's Funds and Total Assets are not available.

As of 10th June, Nikhil Adhesives Ltd has a market capitalization of 404.00 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. This indicates a modest performance in terms of sales, with a small profit figure.<BR><BR>The reporting period for the balance sheet data is the latest annual period. However, specific values for Shareholder's Funds and Total Assets are not available in the provided data.

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.

Who are the peers of the Nikhil Adhesives?

Nikhil Adhesives' peers include Vipul Organics, Kronox Lab, Black Rose Indus, Chembond Chemic., Plastiblends (I), HP Adhesives, Dynemic Products, Aarti Surfactant, and Narmada Gelatine. Most peers show below-average growth, with Narmada Gelatine exhibiting good growth and the highest 1-year return at 20.84%, while Nikhil Adhesives has a return of -8.52%.

Peers: The peers of Nikhil Adhesives are Vipul Organics, Kronox Lab, Black Rose Indus, Chembond Chemic., Plastiblends (I), HP Adhesives, Dynemic Products, Aarti Surfactant, Narmada Gelatine.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kronox Lab, Black Rose Indus, Chembond Chemic., and Narmada Gelatine, while Good management risk is found at Nikhil Adhesives. Average management risk is present at Vipul Organics, Plastiblends (I), HP Adhesives, Dynemic Products, Aarti Surfactant, and Dhariwalcorp. All peers exhibit Below Average growth except for Narmada Gelatine, which has Good growth. Capital Structure ratings show Excellent at Kronox Lab, Black Rose Indus, Chembond Chemic., and Narmada Gelatine, Good at Nikhil Adhesives, and Average at Vipul Organics and Plastiblends (I), while HP Adhesives has Excellent and Dynemic Products and Aarti Surfactant have Below Average.<BR><BR>Return Snapshot: Narmada Gelatine has the highest 1-year return at 20.84%, while HP Adhesives has the lowest at -33.97%. Nikhil Adhesives' 1-year return is -8.52%, which is higher than HP Adhesives but lower than Narmada Gelatine. Additionally, peers such as Kronox Lab, HP Adhesives, Aarti Surfactant, and Dynemic Products have negative six-month returns.

What does Nikhil Adhesives do?

Nikhil Adhesives Ltd manufactures polymer emulsions and adhesives in the specialty chemicals sector, with a market cap of INR 404 Cr. As of March 2026, it reported net sales of 166 Cr and a net profit of 6 Cr.

Overview:<BR>Nikhil Adhesives Ltd is engaged in the manufacturing of various types of polymer emulsions and adhesives within the specialty chemicals industry and operates as a micro-cap company.<BR><BR>History:<BR>Nikhil Adhesives Limited was incorporated in 1986 and has been continuously involved in the adhesive manufacturing sector since its inception. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 166 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 6 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 404 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 22.00 <BR>Industry P/E: 42 <BR>Dividend Yield: 0.26% <BR>Debt-Equity: 0.44 <BR>Return on Equity: 12.11% <BR>Price to Book: 2.72 <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

Should I buy, sell or hold Nikhil Adhesives Ltd?

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.