Nikhil Adhesives Ltd.

Chemicals · Chemicals & Petrochemicals

BSE: 526159

₹81.24

Sept. 30, 2026 · BSE · bse_bhavcopy

Peers in Chemicals & Petrochemicals

The largest companies in the same industry by market cap. This company ranks #121 of 221. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Solar Industries India Limited	178,265	137.1	26.5%	47.3%	—	95	7	50
Pidilite Industries Limited	149,114	58.1	22.4%	-0.7%	0.78%	91	0	27
SRF Limited	73,291	38.7	13.1%	-14.9%	0.40%	73	8	14
Linde India Limited	53,925	98.3	12.9%	0.9%	0.06%	74	0	50
Gujarat Fluorochemicals Limited	48,392	69.5	7.3%	18.6%	0.07%	75	0	30
Navin Fluorine International Limited	42,290	74.7	16.7%	78.1%	—	83	33	48
Himadri Speciality Chemical Limited	34,198	43.0	15.9%	51.2%	0.12%	84	25	67
Aether Industries Limited	22,552	123.9	8.9%	125.9%	—	81	0	85
Nikhil Adhesives Ltd. (this stock)	373	17.5	12.6%	-32.4%	—	55	80	48

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹437 Cr

EV / EBITDA

10.4x

EV / Sales

0.71x

Market cap / Sales

0.60x

Earnings yield

5.72%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 189 Cr, up 52.8% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	189	10	7	₹1.5900
March 31, 2026	166	8	6	₹1.3700
Dec. 31, 2025	133	5	4	₹0.7600
Sept. 30, 2025	131	6	4	₹0.9300
June 30, 2025	123	5	—	₹0.7800
March 31, 2025	142	6	4	₹0.9200
Dec. 31, 2024	134	5	4	₹0.7600
Sept. 30, 2024	148	6	5	₹1.0000
June 30, 2024	161	6	5	₹0.9900
March 31, 2024	148	5	4	₹0.8200
Dec. 31, 2023	130	4	3	₹0.6500
Sept. 30, 2023	144	5	3	₹0.7500
June 30, 2023	142	4	3	₹0.6700

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	189	166	134	132	124	142	134	148	161	148	130	144	142
Operating revenue	189	166	133	131	123	142	134	148	161	148	130	144	142
Other income	0	0	1	1	0	0	0	0	0	0	0	0	0
Operating expenses	176	155	125	123	115	132	126	138	152	139	123	136	135
Operating profit	13	11	8	8	8	9	9	9	10	9	8	8	7
Operating profit margin	6.8%	6.8%	5.8%	6.3%	6.8%	6.7%	6.4%	6.4%	5.9%	6.0%	5.8%	5.2%	4.8%
Depreciation	2	2	2	2	2	2	2	2	2	2	2	1	1
Interest	2	1	2	2	2	2	2	2	2	2	2	2	2
Exceptional items, gain / (loss)	—	—	-0	—	—	—	—	—	—	—	—	—	—
Profit before tax	10	8	5	6	5	6	5	6	6	5	4	5	4
Tax	2	2	1	2	1	2	1	1	2	1	1	1	1
Net profit	7	6	4	4	—	4	4	5	5	4	3	3	3
EPS	1.59	1.37	0.76	0.93	0.78	0.92	0.76	1.00	0.99	0.82	0.65	0.75	0.67
Net profit (TTM)	21	—	—	—	—	17	16	16	15	13	13	13	14
EPS (TTM)	4.65	3.84	3.39	3.39	3.46	3.67	3.57	3.46	3.21	2.89	2.86	2.84	11.30

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	-9.3%	—	556^†	585^†	565^†	744^†	814^†	—	447^†	—	265^†
Operating revenue	-9.4%	2.4%	554^†	585^†	564^†	743^†	814^†	491^†	446^†	340^†	265^†
Other income	—	—	2^†	1^†	0^†	0^†	1^†	—	1^†	—	0^†
Operating expenses	—	—	518^†	548^†	533^†	709^†	770^†	460^†	430^†	327^†	249^†
Operating profit	0.9%	2.8%	36^†	37^†	31^†	35^†	43^†	31^†	17^†	13^†	16^†
Operating profit margin	—	—	6.4%^†	6.3%^†	5.5%^†	4.7%^†	5.3%^†	6.3%^†	3.7%^†	3.8%^†	6.1%^†
Depreciation	—	—	8^†	7^†	6^†	5^†	4^†	3^†	2^†	2^†	1^†
Interest	—	—	6^†	8^†	7^†	6^†	6^†	7^†	8^†	7^†	7^†
Exceptional items, gain / (loss)	—	—	-0^†	0^†	0^†	0^†	0^†	0^†	0^†	-1^†	0^†
Profit before tax	0.0%	2.2%	24^†	22^†	18^†	24^†	34^†	21^†	7^†	5^†	3^†
Tax	—	—	6^†	6^†	5^†	7^†	9^†	6^†	2^†	2^†	1^†
Net profit	—	—	—	17^†	13^†	17^†	25^†	16^†	5^†	3^†	2^†
EPS	-45.9%	-35.4%	3.84^†	3.67^†	2.89^†	24.30^†	54.99^†	34.13^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 19	Mar 18	Mar 17
Operating margin	6.4%^†	6.3%^†	5.5%^†	4.7%^†	5.3%^†	6.3%^†	3.7%^†	3.8%^†	6.1%^†
EBIT margin	5.4%^†	5.2%^†	4.4%^†	4.0%^†	4.9%^†	5.7%^†	3.4%^†	3.3%^†	3.7%^†
PBT margin	4.3%^†	3.8%^†	3.2%^†	3.2%^†	4.2%^†	4.3%^†	1.7%^†	1.3%^†	1.1%^†
Net margin	—	2.9%^†	2.3%^†	2.3%^†	3.1%^†	3.2%^†	1.2%^†	0.9%^†	0.8%^†
Interest coverage	4.71x^†	3.76x^†	3.57x^†	4.73x^†	6.76x^†	4.19x^†	1.94x^†	1.70x^†	1.45x^†
Dividend payout	—	—	—	—	—	—	—	—	—
Earnings retention	—	—	—	—	—	—	—	—	—
Current ratio	1.44x	1.44x	—	—	—	—	—	—	—
Quick ratio	1.11x	0.88x	—	—	—	—	—	—	—
Debt to equity	0.45x	0.44x	—	—	—	—	—	—	—
Return on equity	—	13.0%^†	—	—	—	—	—	—	—
Return on assets	—	5.2%^†	—	—	—	—	—	—	—
Return on capital employed	17.9%^†	18.3%^†	—	—	—	—	—	—	—
Asset turnover	1.66x^†	1.81x^†	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	0	-3	1	4	-4
March 31, 2025	7	-10	-3	11	-4

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	334	146	141	56	10	240	167	2	91	54
March 31, 2025	323	130	125	32	25	225	156	4	91	88

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.