Nikhil Adhesives Ltd

Nikhil Adhesives Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Nikhil Adhesives Ltd

₹ 124 -0.52%
24 Apr 4:01 p.m.
nikhiladhesives.com BSE: 526159
About

Incorporated in 1982, Nikhil Adhesives is a Mumbai based multi-product company who is into manufacturing, selling and exporting various types of adhesives, emulsions that are used for various applications. It is also trading in Chemicals used in emulsions and adhesive industry. [1]

Key Points

Products
Nikhil Adhesives Limited is broadly into manufacturing and selling products under two categories viz:- Industrial Products and consumer products. Within Industrial products, it has Paint Emulsions, Textile Emulsions, and Construction chemicals. It sells adhesives under the consumer products segment. Additionally company is into trading monomers, Solvents & Chemicals. [1]

Website BSE
  • Market Cap ₹ 572 Cr.
  • Current Price ₹ 124
  • High / Low ₹ 148 / 108
  • Stock P/E 161
  • Book Value ₹ 3.58
  • Dividend Yield 0.16 %
  • ROCE 20.0 %
  • ROE 25.6 %
  • Face Value ₹ 1.00
Edit ratios

Pros

Cons

  • Stock is trading at 35.1 times its book value
  • Company has low interest coverage ratio.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Chemicals Industry: Chemicals

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014
121 130 165 181 232
114 123 157 172 220
Operating Profit 7 7 8 9 13
OPM % 6% 5% 5% 5% 5%
0 1 -3 -2 -4
Interest 3 3 2 4 5
Depreciation 1 1 1 2 2
Profit before tax 4 4 1 1 0
Tax % 39% 34% 33% 62% 30%
2 2 1 1 0
EPS in Rs 0.58 0.63 0.20 0.15 0.07
Dividend Payout % 21% 19% 41% 55% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 21%
TTM: 28%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 13%
TTM: 190%
Stock Price CAGR
10 Years: 49%
5 Years: 61%
3 Years: 49%
1 Year: -8%
Return on Equity
10 Years: %
5 Years: %
3 Years: 19%
Last Year: 26%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014
Equity Capital 4 4 4 4 4
Reserves 7 9 10 10 10
20 16 27 32 44
22 32 40 44 58
Total Liabilities 53 61 81 90 116
9 10 9 22 25
CWIP 0 0 11 3 1
Investments 0 0 0 0 0
44 51 61 65 91
Total Assets 53 61 81 90 116

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014
4 10 2 8 -2
-2 -2 -10 -9 -3
-4 -7 8 1 5
Net Cash Flow -1 1 -0 -0 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014
Debtor Days 82 67 76 64 75
Inventory Days 40 65 38 42 45
Days Payable 65 88 85 88 95
Cash Conversion Cycle 56 44 29 18 26
Working Capital Days 63 44 34 26 36
ROCE % 21% 21% 16% 20%

Shareholding Pattern

Numbers in percentages

13 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
54.44% 54.44% 54.44% 54.44% 54.44% 54.44% 54.44% 54.44% 54.44% 54.44% 54.44% 54.44%
0.00% 0.00% 1.39% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
45.56% 45.56% 44.17% 45.56% 45.56% 45.56% 45.58% 45.56% 45.57% 45.57% 45.56% 45.56%
No. of Shareholders 2,9664,8444,8024,7734,8277,88416,12417,74518,48318,63517,67616,052

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings