Nikhil Adhesives logo

Nikhil Adhesives

NIKHILADHESIVESLTD NSE

Key Fundamentals

MicrocapSpecialty ChemicalsChemicals
Market Cap
₹376 Cr
Volatility
Moderate
P/E Ratio
17.6
EBITDA
₹35.18 Cr
Return on Equity
12.99%
Debt to Equity
0.47
Book Value
₹31.7
EPS
₹3.21
52W High
₹122
52W Low
₹56.78

Tapetide Score

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

Key Insights

Weaknesses

4
  • The company has delivered a poor sales growth of 2.43% over past five years.
  • Company has a low return on equity of 13.0% over last 3 years.
  • Dividend payout has been low at 6.26% of profits over last 3 years
  • Debtor days have increased from 80.3 to 105 days.

Growth Rate

Revenue Growth
-5.41% higher than 3Y
Net Income Growth
6.04% higher than 3Y
Cash Flow Change
-51.54% higher than 3Y
ROE
11.79% lower than 3Y
ROCE
10.49% higher than 3Y
EBITDA Margin (Avg.)
-1.56% lower than 3Y

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 in Rs
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
585
554
619
Expenses
242
255
248
317
430
403
460
770
709
533
548
518
579
Operating Profit
8
11
11
13
17
19
31
43
35
31
37
36
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 in Rs
0.1
0.41
0.52
0.62
1.14
1.53
3.41
5.5
3.71
2.88
3.67
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
121
Total Liabilities
112
119
130
157
186
191
291
316
295
295
323
334
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
227
242
Total Assets
112
119
130
157
186
191
291
316
295
295
323
334
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
-3
1
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
14
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
71
105
Inventory Days
44
41
36
45
39
40
66
41
52
65
75
48
Days Payable
93
95
98
106
95
94
148
87
74
79
75
61
Cash Conversion Cycle
13
7
28
25
23
28
31
19
32
51
71
92
Working Capital Days
4
2
22
18
13
12
21
17
19
27
40
46
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

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Shareholding Pattern

DIIs0.38%Promot.54.46%Others18.19%Public26.97%As ofJun 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 (526159) listed?
Nikhil Adhesives Ltd trades as NIKHILADHESIVESLTD on the NSE and 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 ₹375.69 Cr, 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 17.60, on earnings per share of ₹3.21, 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 ₹122.
Does Nikhil Adhesives Ltd pay dividends?
Nikhil Adhesives Ltd has a dividend yield of 0.27%.
What is the Return on Equity (ROE) of Nikhil Adhesives Ltd?
Nikhil Adhesives Ltd reported a return on equity of 12.99%. 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]

Face Value ₹ 1

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