Nikhil Adhesives Ltd (NIKHILAD) — shareholding pattern, promoter holding, financials and share price
About Nikhil Adhesives Ltd (NIKHILAD)
Nikhil Adhesives Ltd operates in the Specialty Chemicals industry, within the Chemicals sector. It trades on the NSE as NIKHILAD and on the BSE under scrip code 526159. Its ISIN is INE926C01022.
Incorporated in 1986, Nikhil Adhesives Ltd is in the business of manufacturing various types of polymer emulsions and adhesives, and trading of chemicals [1]
Nikhil Adhesives is a pivotal player in the adhesives and specialty chemicals domain, serving a broad client base in both B2B and B2C markets globally.
The company's strategy includes significant investment in automation, which has improved their operational efficiency, thus enhancing margins by 90 basis points this fiscal year.
Listed peers in Specialty Chemicals: Multibase India Ltd, Aarti Surfactants Ltd, HP Adhesives Ltd, Narmada Gelatines Ltd, Dynemic Products Ltd, Indian Toners & Developers Ltd.
Valuation & Returns
10 Jul 2026At ₹72.84 a share on 10 Jul 2026, Nikhil Adhesives Ltd (NIKHILAD) was valued at a price-to-earnings ratio of 531.19x against an industry P/E of 45.11x and a price-to-book of 23.99x on a book value of ₹3.04 per share as of Mar 2014. Solomo computes return on equity of 4.52% and return on capital employed of 6.32% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2011 to Mar 2012.
- P/E
- 531.19x
- Industry P/E
- 45.11x
- P/B
- 23.99x
- EPS (TTM)
- ₹0.14
- Book value / share
- ₹3.04
- ROE
- 4.52%
- ROCE
- 6.32%
- ROA
- 0.54%
- Debt / equity
- 2.83x
- Dividend yield
- 0.3%
- EBITDA margin
- 6.77%
- 52-week range
- ₹56.78 – ₹123.05
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2014In the year ended Mar 2014, Nikhil Adhesives Ltd (NIKHILAD) reported revenue of ₹232 crore and earnings per share of ₹0.07. That compares with revenue of ₹181 crore in Mar 2013. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2012, revenue was ₹46.7 crore and net profit ₹-0.31 crore (consolidated).
| Metric | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 121 | 130 | 165 | 181 | 232 |
| Net profit (₹ cr) | 2 | 2 | 1 | 1 | 0 |
| EPS (₹) | 0.58 | 0.63 | 0.2 | 0.15 | 0.07 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 7.79% | 6.75% | -10.44% | 28.12% |
| Profit growth | 30.00% | 19.14% | -12.61% | -54.39% |
| Stock price CAGR | 32% | -3% | -15% | -36% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 54.46% of Nikhil Adhesives Ltd (NIKHILAD) (unchanged from the previous quarter) and domestic institutional investors (DII) hold 0.38%. Market capitalisation was ₹335 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: VASANT POLYMERS & CHEMICALS PVT. LTD. 10.96%, AJAY DILKUSH SARUPRIA 4.31%, DIVYAM VENTURES LLP 1.81%, Charandeep Singh 1.59%, INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS 1.39%, UMESH MORARJI THAKKAR 1.11%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 54.46% | - | - | 0.38% | 45.54% |
| Mar 2026 | 54.46% | - | - | 0.38% | 45.54% |
| Dec 2025 | 54.44% | - | - | 0.34% | 45.56% |
| Sep 2025 | 54.44% | - | 0.04% | 0.34% | 45.56% |
| Jun 2025 | 54.44% | - | 0.04% | 0.2% | 45.56% |
| Mar 2025 | 54.44% | - | 0.04% | - | 45.56% |
| Dec 2024 | 54.44% | - | - | - | 45.56% |
| Sep 2024 | 54.44% | - | - | - | 45.56% |