Skip to content
Nikhil Adhesives logo

Nikhil Adhesives

526159 BSE
Price unavailable

Nikhil Adhesives (NIKHILAD) share price was ₹64.24 at the 28 Oct 2026 close; market capitalisation ₹295 Cr; P/E (TTM) 13.97; sector Chemicals. The share price fell 44.6% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Jun 2026 quarter, revenue rose 50.6% year on year to ₹188.59 Cr and net profit rose 37.1% year on year to ₹7.32 Cr (compared with Jun 2025). Promoters held 54.46% of Nikhil Adhesives in Sep 2026, unchanged from Jun 2026. Its Tapetide Score is 48/100 (Average) as of 28 Oct 2026.

Close 28 Oct 2026 ₹64.24 −51.26 −44.38% 1Y

Key Fundamentals

MicrocapChemicals & PetrochemicalsChemicals
Market Cap
₹295 Cr
P/E (TTM)
13.97
EBITDA
₹37.80 Cr
Return on Equity
11.92%
Debt to Equity
0.47
Book Value
₹31.70
EPS (TTM)
₹4.60
52W High
₹116.60
52W Low
₹56.78

Price-based figures as of 28 Oct 2026, 15:30 IST · EPS basis: Standalone · TTM

Peer Comparison

Commodities › Chemicals › Specialty Chemicals

Pidilite Industries
₹1,369.6052.641,39,409 Cr12.881.48%22.36%28.48%15,689 Cr2,677 Cr
Gujarat Fluorochemicals
₹4,250.8077.1846,695 Cr5.970.07%7.25%10.13%5,334 Cr600 Cr
Navin Fluorine International
₹8,358.0054.2642,870 Cr10.790.18%16.70%18.66%3,734 Cr789 Cr
Aether Industries
₹1,573.6088.7520,886 Cr8.500.00%8.94%12.15%1,257 Cr235 Cr
Deepak Nitrite
₹1,483.1025.8220,228 Cr3.470.52%9.38%10.85%8,624 Cr784 Cr
Aarti Industries
₹459.0031.3516,643 Cr2.800.23%7.04%8.53%9,040 Cr531 Cr
Atul
₹5,154.5019.6615,176 Cr2.310.55%10.95%13.54%7,185 Cr788 Cr
Nikhil Adhesives (this company)
—13.97295 Cr2.030.34%11.92%18.13%83 Cr21 Cr
Median 8 companies₹1,573.6042.0020,557 Cr4.720.29%10.17%12.85%6,260 Cr692 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

48 Average
Overall score

Data confidence 98/100

Category scores

Quality Good 56
Returns, margins, earnings quality 22% weight
Valuation Average 50
Cheap vs sector & own history 24% weight
Growth Average 50
Sales & profit trajectory 9% weight
Financial Health Poor 31
Solvency, leverage, coverage 9% weight
Momentum Poor 25
Trend strength, vol-adjusted 12% weight
Ownership Average 50
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Weaknesses

4
  • The company has delivered a poor sales growth of 2.42% over past five years.
  • Company has a low return on equity of 12.9% over last 3 years.
  • Dividend payout has been low at 6.28% of profits over last 3 years
  • Debtor days have increased from 80.0 to 105 days.

Technical Indicators

Oscillators

Bullish

Bearish
2
Neutral
2
Bullish
5

Overall

Bearish

Bearish
12
Neutral
2
Bullish
5

Moving Averages

Bearish

Bearish
10
Neutral
0
Bullish
0

Growth Rate

Revenue Growth
-6.23% higher than 3Y

change over 1 year

Net Income Growth
4.82% higher than 3Y

change over 1 year

Cash Flow Change
-107%

change over 1 year

EBITDA Margin Change
7.94%

change over 1 year Operating margin 6.81% · Jun 2026

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
142
144
130
148
161
148
134
149
125
131
133
166
189
Expenses
135
136
123
139
151
138
126
140
115
123
125
155
176
Operating Profit
6.79
7.54
7.56
8.89
9.97
9.4
8.54
9.44
10.15
8.25
7.68
11.24
12.85
OPM %
4.78%
5.24%
5.8%
6.01%
6.19%
6.36%
6.36%
6.33%
8.1%
6.3%
5.77%
6.77%
6.81%
Other Income
0.13
0.07
0.05
0.1
0.12
0.12
0.19
0.13
0.11
1.11
0.43
0.25
0.19
Interest
1.51
1.6
1.77
2.09
1.9
2.05
2.13
2.04
1.81
1.62
1.51
1.41
1.58
Depreciation
1.31
1.49
1.67
1.76
1.68
1.71
1.92
1.77
2
1.87
1.87
1.79
1.88
PBT
4.1
4.52
4.17
5.14
6.51
5.76
4.68
5.76
6.45
5.87
4.73
8.29
9.58
Tax %
25.12%
23.45%
29.02%
26.85%
22.58%
20.31%
26.07%
27.43%
17.05%
32.03%
25.79%
24.25%
23.49%
Net Profit
3.07
3.45
2.96
3.76
5.04
4.59
3.47
4.18
5.34
3.99
3.52
6.28
7.32
EPS (₹)
0.67
0.75
0.64
0.82
1.1
1
0.76
0.91
1.16
0.87
0.77
1.37
1.59
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
251
266
260
330
446
422
491
814
743
564
592
553
619
Expenses
242
255
248
317
430
403
460
770
709
533
555
518
579
Operating Profit
8
11
11
13
17
19
31
43
35
31
37
35
40
OPM %
3.2%
4.2%
4.3%
3.9%
3.7%
4.5%
6%
5%
4.7%
5%
6%
6%
6%
Other Income
1
0
0
0
1
1
0
1
0
0
1
2
2
Interest
6
8
7
7
8
8
7
6
6
7
8
6
6
Depreciation
2
2
1
2
2
3
3
4
5
6
7
8
7
PBT
1
2
3
4
7
9
21
34
24
18
22
24
28
Tax %
30%
12%
33%
34%
30%
23%
26%
26%
28%
26%
25%
26%
—
Net Profit
0
2
2
3
5
7
16
25
17
13
17
17
21
EPS (₹)
0.1
0.41
0.52
0.62
1.14
1.53
3.41
5.5
3.71
2.88
3.62
3.78
4.6
Div. Payout %
0%
0%
0%
16%
9%
7%
4%
4%
5%
7%
6%
6%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
4
4
4
5
5
5
5
5
5
5
5
5
Reserves
10
12
14
30
35
41
56
81
97
109
125
141
Borrowings
36
35
46
32
34
34
28
28
35
54
59
68
Other Liabilities
61
68
67
89
113
111
202
203
159
128
134
123
Total Liabilities
112
119
130
157
186
191
291
316
295
295
322
337
Fixed Assets
25
24
23
30
37
44
54
64
76
94
96
92
CWIP
1
0
1
0
0
6
0
1
4
0
1
1
Investments
0
0
0
0
0
0
0
0
0
0
0
0
Other Assets
86
94
106
127
149
141
236
250
215
202
226
244
Total Assets
112
119
130
157
186
191
291
316
295
295
322
337
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
16
13
-4
11
16
21
23
25
21
14
7
0
Investing
0
-2
-1
-6
-10
-12
-7
-15
-19
-17
-10
-3
Financing
-15
-9
4
-5
-7
-9
-15
-6
-3
10
-4
2
Net Cash Flow
0
1
0
0
0
-1
1
3
-1
7
-7
-2
Free Cash Flow
14
12
-7
5
6
7
16
10
2
-3
-4
-4
CFO/OP
195
115
-31
93
105
122
84
81
76
59
32
13
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
62
61
91
86
79
82
112
65
54
65
70
105
Inventory Days
44
41
36
45
39
40
66
41
52
65
74
52
Days Payable
93
95
98
106
95
94
148
87
74
79
72
65
Cash Conversion Cycle
13
7
28
25
23
28
31
19
32
51
72
92
Working Capital Days
4
2
22
18
13
12
21
17
19
27
38
45
ROCE %
13%
20%
17%
18%
22%
22%
33%
39%
24%
16%
17%
15%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Nikhil Adhesives insights

64 extracted metrics + investor summaries across FY08–FY27.

Shareholding Pattern

DIIs0.38%Promot.54.46%Others18.22%Public26.94%As ofSep 2026

Documents

Frequently Asked Questions about Nikhil Adhesives

What does Nikhil Adhesives Ltd do?
Incorporated in 1986, Nikhil Adhesives Ltd is in the business of manufacturing various types of polymer emulsions and adhesives, and trading of chemicals[1]
Where is Nikhil Adhesives Ltd (NIKHILAD) listed?
Nikhil Adhesives Ltd trades under code 526159 on the BSE.
Which sector does Nikhil Adhesives Ltd belong to?
Nikhil Adhesives Ltd is classified under the Chemicals sector, in the Specialty Chemicals industry.
What is the market capitalisation of Nikhil Adhesives Ltd?
Nikhil Adhesives Ltd has a market capitalisation of ₹295.11 Cr as of 28 Oct 2026, which places it in the Small Cap band.
What is the PE ratio of Nikhil Adhesives Ltd?
Nikhil Adhesives Ltd trades at a PE ratio of 13.97 as of 28 Oct 2026, on earnings per share of ₹4.6, against a book value of ₹31.7 per share.
What is the 52-week high and low of Nikhil Adhesives Ltd?
Over the last 52 weeks Nikhil Adhesives Ltd has traded between ₹56.78 and ₹116.6 as of 28 Oct 2026.
Does Nikhil Adhesives Ltd pay dividends?
Nikhil Adhesives Ltd has a dividend yield of 0.34%.
What is the Return on Equity (ROE) of Nikhil Adhesives Ltd?
Nikhil Adhesives Ltd reported a return on equity of 11.92%. Its debt-to-equity ratio is 0.47.

Company Information

Incorporated in 1986, Nikhil Adhesives Ltd is in the business of manufacturing various types of polymer emulsions and adhesives, and trading of chemicals[1]

Website nikhiladhesives.com
Face Value ₹ 1
Shares Outstanding 4,59,39,161

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/526159.md for Nikhil Adhesives Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our Indian stock market MCP server.

Explore More

More Chemical & Petrochemical stocks → FII DII DataStock ScreenerNifty 50 HeatmapF&O Ban ListFII and DII flows, month by monthHow Tapetide Scores changed, month by monthStocks mutual funds are buying, month by month