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Annual Revenue,rose 3.65%, in the last year to ₹585.15 Cr. Its sector's average revenue growth for the last fiscal year was 7.83%.Annual Net Profit,rose 27.23% in the last year to ₹16.86 Cr. Its sector's average net profit growth for the last fiscal year was 8.74%.Price to Earning Ratio,is 26.47, lower than its sector PE ratio of 41.9.Nikhil Adhesives Limited, a leading multi-product company, was established in 1986. It specializes in manufacturing, selling, and exporting a range of products including adhesives, paints, and construction chemicals. The company acquired the emulsion business of Mafatlal Dyes & Chemicals Limited in 2003. Nikhil Adhesives operates from five manufacturing units across India, including locations in Dahanu (Maharashtra), Silvassa (Dadra Nagar Haveli), Dahej (Gujarat), Tumkur (Karnataka), and Mehatpur (Himachal Pradesh). Additionally, it has a dedicated technology center in Navi Mumbai. The company’s production capacity stands at 135,000 tons per annum, with a significant portion of its products being exported to markets in Asia, Africa, and the Middle East.
Nikhil Adhesives Ltd operates in the following key business segments:
The AGM for FY 2024-25 is scheduled for September 23, 2025, via Video Conferencing.
Nikhil Adhesives was established in 1986 and has been serving the specialty chemicals market for over three decades.
The company manufactures adhesives (Mahacol), paints, textile chemicals (Emdilith, Emdibind), and construction chemicals (Mahafix).
Nikhil Adhesives operates manufacturing units in Dahanu (Maharashtra), Silvassa (Dadra Nagar Haveli), Dahej (Gujarat), Tumkur (Karnataka), and Mehatpur (Himachal Pradesh).
