Nikhil Adhesives Ltd. · CashKonnect

About

Nikhil Adhesives Limited manufactures and sells polymer emulsions and adhesives in India. The company operates in two segments, Manufacturing of Adhesives & Emulsions and Trading in Chemicals & Others. It offers rubber, lamination, sticker grade, and wood adhesives, as well as adhesive for manufacturing tapes, and adhesives for special applications and packaging industries; construction chemicals; paint emulsions comprising pure acrylic, styrene acrylic and Vam acrylic co-polymer, Vam-Veova co-polymer, TER-polymer, and polymer additives and powder; and polyvinyl actetate emulsion for textile finishing, textile binders for printing and flocking, and emulsion for carpet industries. The company also provides monomers, solvents, and chemicals, as well as opacifiers and opaque polymers. It offers its products under the Mahacol, Emdilith, Emditex, Emdicryl, and Emdibind brands. The company exports its products to Nepal, Taiwan, Bangladesh, Sri Lanka, the Philippines, and Kenya. Nikhil Adhesives Limited was incorporated in 1986 and is based in Mumbai, India.

Key Metrics

as of Sep 2026

Market Cap375 Cr

P/E106.00

Div Yield0.27 %

Book Value₹3.58

52w High₹122.00

52w Low₹56.80

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Mar 2012	Dec 2011	Sep 2011	Jun 2011	Mar 2011	Dec 2010	Sep 2010	Jun 2010
Sales	46.70	36.74	42.29	40.70	35.70	34.09	31.73	28.84
Expenses	44.31	36.96	40.54	38.26	34.94	32.07	29.63	26.65
Operating Profit	2.39	-0.22	1.75	2.44	0.76	2.02	2.10	2.19
OPM %	5.12	-0.60	4.14	6.00	2.13	5.93	6.62	7.59
Other Income	-1.85	0.00	0.01	0.01	0.39	0.03	0.01	0.00
Depreciation	0.29	0.29	0.29	0.29	0.28	0.28	0.28	0.27
Interest	0.51	0.41	0.65	0.66	0.62	0.76	0.63	0.62
Profit before tax	-0.26	-0.92	0.82	1.50	0.25	1.01	1.20	1.30
Tax %	19.23	-36.96	42.68	30.00	116.00	24.75	29.17	30.77
Net Profit	-0.31	-0.58	0.47	1.05	-0.04	0.76	0.85	0.90
EPS in Rs	-0.08	-0.15	0.12	0.27	-0.01	0.20	0.22	0.23

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Sales	232.00	181.00	165.00	130.00	121.00
Expenses	220.00	172.00	157.00	123.00	114.00
Operating Profit	13.00	9.00	8.00	7.00	7.00
OPM %	5.00	4.80	5.00	5.00	6.00
Other Income	-4.00	-2.00	-3.00	1.00	0.00
Interest	5.00	4.00	2.00	3.00	3.00
Depreciation	2.00	2.00	1.00	1.00	1.00
Profit before tax	0.00	1.00	1.00	4.00	4.00
Tax %	30.00	62.00	33.00	34.00	39.00
Net Profit	0.00	1.00	1.00	2.00	2.00
EPS in Rs	0.07	0.15	0.20	0.63	0.58
Dividend Payout %	0.00	55.00	41.00	19.00	21.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Equity Capital	4.00	4.00	4.00	4.00	4.00
Reserves	10.00	10.00	10.00	9.00	7.00
Borrowings	44.00	32.00	27.00	16.00	20.00
Other Liabilities	58.00	44.00	40.00	32.00	22.00
Total Liabilities	116.00	90.00	81.00	61.00	53.00
Fixed Assets	25.00	22.00	9.00	10.00	9.00
CWIP	1.00	3.00	11.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00
Other Assets	91.00	65.00	61.00	51.00	44.00
Total Assets	116.00	90.00	81.00	61.00	53.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Cash from Operating Activity	-2.00	8.00	2.00	10.00	4.00
Cash from Investing Activity	-3.00	-9.00	-10.00	-2.00	-2.00
Cash from Financing Activity	5.00	1.00	8.00	-7.00	-4.00
Net Cash Flow	0.00	0.00	0.00	1.00	-1.00
Free Cash Flow	-5.00	1.00	-7.00	7.00	2.00
CFO/OP %	-14.00	98.00	34.00	177.00	64.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Debtor Days	75.00	64.00	76.00	67.00	82.00
Inventory Days	45.00	42.00	38.00	65.00	40.00
Days Payable	95.00	88.00	85.00	88.00	65.00
Cash Conversion Cycle	26.00	18.00	29.00	44.00	56.00
Working Capital Days	0.00	-14.00	2.00	7.00	63.00
ROCE %	20.00	16.00	21.00	21.00	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	54.46	54.46	54.44	54.44	54.44	54.44	54.44	54.44	54.44	54.44	54.44	54.44
FIIs	0.00	0.00	0.00	0.04	0.04	0.04	0.00	0.00	0.00	0.00	0.00	0.00
DIIs	0.38	0.38	0.34	0.34	0.20	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Public	45.17	45.17	45.22	45.19	45.32	45.52	45.56	45.56	45.57	45.56	45.56	45.57
No. of Shareholders	12,375	12,634	12,932	12,774	13,165	13,389	13,688	14,258	15,144	16,052	17,676	18,635

Corporate Actions

16 records

Action	Ex Date	Record Date	Ratio	Amount (₹)
Dividend	16 Sep 2025	16 Sep 2025	—	0.22
Dividend	19 Sep 2024	19 Sep 2024	—	0.20
Dividend	14 Sep 2023	—	—	0.20
Split	12 Oct 2022	13 Oct 2022	10:1	—
Dividend	02 Sep 2022	—	—	2.00
Dividend	20 Sep 2021	—	—	1.50
Dividend	21 Dec 2020	—	—	1.00
Dividend	19 Sep 2019	—	—	1.00
Dividend	18 Sep 2018	—	—	1.00
Dividend	20 Sep 2013	—	—	0.80
Dividend	21 Sep 2012	—	—	0.80
Dividend	28 Jun 2011	—	—	1.20
Dividend	16 Sep 2010	—	—	1.20
Dividend	17 Sep 2009	—	—	0.80
Dividend	18 Sep 2008	—	—	1.00
Dividend	20 Sep 2007	—	—	1.00

Announcements

5 filings

Announcement under Regulation 30 (LODR)-Newspaper Publication
01 Sep 2026 1 Sep - Newspaper advertisement regarding E-voting information of 40th Annual General Meeting.
Announcement under Regulation 30 (LODR)-Newspaper Publication
01 Sep 2026 1 Sep - Newspaper advertisement regarding E-voting information of 40th Annual General Meeting.
Disclosure Under Regulation 30 Of SEBI (LODR)Regulations, 2015
01 Sep 2026 1 Sep - 40th AGM scheduled for September 22, 2026; annual report for FY2025-26 shared with shareholders.
Intimation For The Record Date For The 40Th Annual General Meeting.
31 Aug 2026 31 Aug - Book closure 16-22 Sept 2026; record date 15 Sept 2026 for AGM dividend and e-voting.
Reg. 34 (1) Annual Report. 31 Aug
31 Aug 2026