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Nikhil Adhesives

  • Market Cap: Micro Cap
  • Industry: Chemicals
  • ISIN: INE926C01022
  • NSEID:
  • BSEID: 526159
INR
88.25
0.25 (0.28%)
BSENSE

Apr 11, 12:48 PM

BSE+NSE Vol: 3.62 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

87.2091.00

52 Week

80.00152.90
Valuation
Technical
Day's Volume

CASH

3.62 k (-50.77%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

54.44%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 6.08% and Operating profit at 9.62% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Chemicals

stock-summary
Market cap

INR 410 Cr (Micro Cap)

stock-summary
P/E

25.00

stock-summary
Industry P/E

41

stock-summary
Dividend Yield

0.23%

stock-summary
Debt Equity

0.55

stock-summary
Return on Equity

13.31%

stock-summary
Price to Book

3.28

Revenue and Profits (1 Year):
Net Sales:
134 Cr
(Quarterly Results - Dec 2024)
Net Profit:
4 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.23%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-31.32%
0%
-31.32%
1 Year
-29.46%
0.16%
-29.3%
2 Years
-27.35%
0.30%
-27.05%
3 Years
-3.91%
3.14%
-0.77%
4 Years
130.96%
9.12%
140.08%
5 Years
791.41%
51.91%
843.32%

Latest dividend: 0.2 per share ex-dividend date: Sep-19-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
6.08%
EBIT Growth (5y)
9.62%
EBIT to Interest (avg)
4.46
Debt to EBITDA (avg)
1.39
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
5.36
Tax Ratio
24.55%
Dividend Payout Ratio
6.95%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
23.25%
ROE (avg)
21.28%
Valuation key factors
Factor
Value
P/E Ratio
25
Industry P/E
41
Price to Book Value
3.28
EV to EBIT
16.07
EV to EBITDA
12.96
EV to Capital Employed
2.47
EV to Sales
0.80
PEG Ratio
0.98
Dividend Yield
0.23%
ROCE (Latest)
14.97%
ROE (Latest)
13.31%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Rekha Tarak Sanghavi (10.55%)

Highest Public shareholder

Vasant Polymers & Chemicals Pvt. Ltd. (10.96%)

Individual Investors Holdings

27.3%

stock-summaryFinancial
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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -9.13% vs -8.36% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -23.75% vs 0.88% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "134.21",
          "val2": "147.69",
          "chgp": "-9.13%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "8.59",
          "val2": "9.39",
          "chgp": "-8.52%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.13",
          "val2": "2.05",
          "chgp": "3.90%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "3.50",
          "val2": "4.59",
          "chgp": "-23.75%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.40%",
          "val2": "6.36%",
          "chgp": "0.04%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 8.03% vs -32.09% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 40.18% vs -37.96% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "308.85",
          "val2": "285.89",
          "chgp": "8.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "18.96",
          "val2": "14.33",
          "chgp": "32.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.95",
          "val2": "3.11",
          "chgp": "27.01%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "9.14",
          "val2": "6.52",
          "chgp": "40.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.14%",
          "val2": "5.01%",
          "chgp": "1.13%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 6.46% vs -28.59% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 33.33% vs -29.31% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "443.06",
          "val2": "416.18",
          "chgp": "6.46%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "27.55",
          "val2": "21.89",
          "chgp": "25.86%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.08",
          "val2": "4.88",
          "chgp": "24.59%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "12.64",
          "val2": "9.48",
          "chgp": "33.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.22%",
          "val2": "5.26%",
          "chgp": "0.96%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -24.11% vs -8.64% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -22.24% vs -32.54% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "564.19",
          "val2": "743.46",
          "chgp": "-24.11%",
          "chgp_class": "negative"
        },
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "30.77",
          "val2": "34.58",
          "chgp": "-11.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "6.96",
          "val2": "6.31",
          "chgp": "10.30%",
          "chgp_class": "negative"
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          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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        {
          "field": "Standalone Net Profit",
          "val1": "13.25",
          "val2": "17.04",
          "chgp": "-22.24%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.45%",
          "val2": "4.65%",
          "chgp": "0.80%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
134.21
147.69
-9.13%
Operating Profit (PBDIT) excl Other Income
8.59
9.39
-8.52%
Interest
2.13
2.05
3.90%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.50
4.59
-23.75%
Operating Profit Margin (Excl OI)
6.40%
6.36%
0.04%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -9.13% vs -8.36% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -23.75% vs 0.88% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
308.85
285.89
8.03%
Operating Profit (PBDIT) excl Other Income
18.96
14.33
32.31%
Interest
3.95
3.11
27.01%
Exceptional Items
0.00
0.00
Standalone Net Profit
9.14
6.52
40.18%
Operating Profit Margin (Excl OI)
6.14%
5.01%
1.13%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 8.03% vs -32.09% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 40.18% vs -37.96% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
443.06
416.18
6.46%
Operating Profit (PBDIT) excl Other Income
27.55
21.89
25.86%
Interest
6.08
4.88
24.59%
Exceptional Items
0.00
0.00
Standalone Net Profit
12.64
9.48
33.33%
Operating Profit Margin (Excl OI)
6.22%
5.26%
0.96%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 6.46% vs -28.59% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 33.33% vs -29.31% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
564.19
743.46
-24.11%
Operating Profit (PBDIT) excl Other Income
30.77
34.58
-11.02%
Interest
6.96
6.31
10.30%
Exceptional Items
0.00
0.00
Standalone Net Profit
13.25
17.04
-22.24%
Operating Profit Margin (Excl OI)
5.45%
4.65%
0.80%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -24.11% vs -8.64% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -22.24% vs -32.54% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Nikhil Adhesives Ltd stock-summary
stock-summary
Nikhil Adhesives Ltd
Micro Cap
Chemicals
Nikhil Adhesives Limited (NAL), engaged in the business of manufacturing water thinnable polymer emulsions and adhesives was incorporated in the year 1986. The Company has been in this business since 1986 and has 5 manufacturing units located at Dahanu (Maharashtra), Silvassa (Dadra Nagar Haveli), Dahej (Gujarat), Tumkur (Karnataka) and at Unna (Himachal Pradesh). The current production capacity is 120,000 tonnes per annum, which can be enhanced.
Company Coordinates stock-summary
Company Details
Shreeji Indl Estate Vadkun, College Road Dahanu Thane Maharashtra : 401602
stock-summary
Tel: 91-2528-26835864/26836558
stock-summary
http://www.nikhiladhesives.com
stock-summary
ynakre@nikhiladhesives.com
Registrar Details
Sharex Dynamic (India) Pvt Ltd , Unit -1, Luthra Ind. Premises , Safed Pool, Andheri-Kurla Road, Andheri (E), Mumbai
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