Nikhil Adhesives logo

Nikhil Adhesives share price

BSE: 526159Chemicals & PetrochemicalsSmall Cap

Last close ₹65.01down ₹3.23 (4.73%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹68.24.

52-week range of traded prices to 23 Oct 2026
₹56.78Low, 23 Feb 2026₹122.00High, 23 Oct 2025
Market cap
₹299 Cr2,055th largest listed
P/E
Earlier quarters restated in the year
P/B
2.1
Dividend yield
0.34%
ROCE
15.4%
Debt to equity
0.45
Volume, BSE
16,935

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−45.1%over a year

20-session average 20,725 shares a day

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹189 Crup 13.64%
Net profit
₹7.32 Crup 16.67%
Net margin
3.9%

Revenue by year

Peak revenue ₹814 Cr, year to Mar 2022

Net profit by year, a loss in red

₹ croreSep 2024Filed 13 NovDec 2024Filed 11 FebMar 2025Filed 12 JunJun 2025Filed 8 AugSep 2025Filed 14 NovDec 2025Filed 13 FebMar 2026Filed 27 MayJun 2026Filed 13 Aug
Revenue148134142123131133166189
Net profit54444467
Net margin3.1%2.6%3.0%2.9%3.3%2.6%3.8%3.9%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, P/E: a results filing in the last twelve months restated the quarters before it inside its year to date, so the four quarters as the company reported them do not add to a twelve-month profit; the ratio returns once the trailing year no longer holds a quarter from before the restatement.PE ratio and valuation history

Price to book

At or below today's level on 24% of 1,888 trading days since Nov 2018.

LowestHighest
Its median4.1Industry median2.5
EV to EBITDA9.0

At or below today's level on 36% of 1,888 trading days since Nov 2018.

LowestHighest
Its median11.7Industry median16.2
Dividend yield

At or below today's level on 77% of 2,351 trading days over the last 10 years.

LowestHighest
Its median0.17%Industry median0.54%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−28.2%+3.0%−30.6%0.4%
3 years−13.6%+0.6%−14.4%0.3%
5 years+10.8%+2.1%+8.2%0.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters54.46%
  • Indian institutions0.38%
  • Individuals and others45.16%
Holder
VASANT POLYMERS & CHEMICALS PVT. LTD.Companies10.96%
REKHA TARAK SANGHAVIPromoter10.55%
MRUNALINI RAJENDRA SANGHAVIPromoter10.36%
ANITA UMESH SANGHAVIPromoter8.54%
AJAY DILKUSH SARUPRIAResident individuals, over ₹2 lakh at face value4.31%
HEMAL UMESH SANGHAVIPromoter2.99%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Specialty Chemicals, 130 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Nikhil Adhesives in market cap.

Nikhil Adhesives is not on the chart: it has no P/E or return on equity today

Return on equity across, P/E up, size is market cap
Company
Plastiblends India logoPlastiblends IndiaPLASTIBLEN4189.10.86.4+9.2%+40.7%9.7%9.8%1.87%
Aarti Surfactants logoAarti SurfactantsAARTISURF37820.51.58.4+25.2%+20.5%7.7%10.8%0.22%
Patel Chem Specialities logoPatel Chem SpecialitiesPATELCHEM34227.33.4–––12.6%–0.00%
Agastya Energy and Infrastructure logoAgastya Energy and InfrastructureAGASTYAEN331–––−28.7%−5,243.2%−41.3%−33.8%0.00%
Dynemic Products logoDynemic ProductsDYNPRO27813.71.16.7−2.9%+19.3%8.7%11.2%0.67%
Silkflex Polymers (India) logoSilkflex Polymers (India)SILKFLEX27522.65.8–+37.5%+73.6%29.2%–0.00%
HP Adhesives logoHP AdhesivesHPAL275–1.543.4−2.7%––0.3%1.34%
India Gelatine & Chemicals logoIndia Gelatine & ChemicalsINDGELA2549.71.38.0−5.9%+34.3%14.3%13.3%1.68%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.22 a share, years to Mar 2025 and Mar 2026.
Ex-dateTypePer share
15 Sep 2026Final₹0.22
16 Sep 2025Final₹0.22
19 Sep 2024Final₹0.20
14 Sep 2023Final₹0.20
2 Sep 2022Final₹2.00
20 Sep 2021Final₹1.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Nikhil Adhesives share price by year

Each calendar year to 2025.Nikhil Adhesives share price history

YearClose at year endChangeHighest closeLowest close
202578.05−34.4%125.3578.05
2024118.95−5.7%144.15114.70
2023126.15−16.7%151.3592.70
2022151.40+93.4%214.6063.50
202178.28+277.6%95.5920.14
202020.73+61.0%20.738.24
201912.88−7.7%17.0810.85
201813.95−32.5%29.1012.81
201720.65+318.0%22.705.17
20164.94−8.3%6.204.14
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
23 Oct 202668.0069.6663.1065.0166.2616,935
22 Oct 202668.8968.8966.9068.2467.975,680
21 Oct 202669.7769.7767.2567.7267.854,583
19 Oct 202667.1170.0067.1068.9969.0311,032
16 Oct 202669.2070.5566.8067.0868.1540,196
15 Oct 202671.8571.8566.2568.3268.8454,820
14 Oct 202670.7172.6070.5070.7771.1351,841
13 Oct 202673.3574.8869.9970.7172.0944,364
12 Oct 202679.8979.8970.5172.1974.3653,752
9 Oct 202679.6081.8976.4077.4079.1723,549
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
12 Oct 2022Split0.1000Each share became 10.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Nikhil Adhesives Ltd.
BSE code
526159
ISIN
INE926C01022
Industry
Chemicals & Petrochemicals
Listed
Jan 1994
Face value
₹1
CIN
L51900MH1986PLC041062
Corporate identity number, the registrar of companies' code for it