About Nikhil Adhesives Limited

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 Limited Business Segments

Nikhil Adhesives Ltd operates in the following key business segments:

• Adhesives and Paints: Products like Mahacol and Mahafix dominate the adhesives and paints market.

• Construction Chemicals: Including products such as Emdilith, Emdibind, and Emdicryl.

• Textile Chemicals: The company also caters to the textile industry with a range of specialty products.

Nikhil Adhesives Limited Key Management

• Mr. Umesh J. Sanghavi – Chairman and Managing Director

• Mr. Rajendra J. Sanghavi – Whole-Time Director (Executive Director)

• Mr. Tarak J. Sanghavi – Whole-Time Director (Executive Director)

• Mr. Jagdish B. Mali – Executive Director (appointed w.e.f. August 8, 2024)

• Dr. Satish Gaonkar – Executive Director (appointed w.e.f. June 16, 2025)

• Mrs. Anita U. Sanghavi – Chief Financial Officer

• Mrs. Beena Khandelwal – Company Secretary & Compliance Officer (appointed w.e.f. May 22, 2025)

Latest Updates on Nikhil Adhesives Limited

• The company has seen continuous expansion with the opening of new manufacturing units and an increase in production capacity.

• In 2024, Nikhil Adhesives enhanced its market footprint through key strategic product launches and strengthened its distribution network across domestic and international markets.

• The company appointed M/s PHD & Associates as statutory auditors for FY 2025-2026 to 2029-2030.

The AGM for FY 2024-25 is scheduled for September 23, 2025, via Video Conferencing.