Nikhil Adhesives Ltd

Nikhil Adhesives Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Nikhil Adhesives Ltd

₹ 119 -1.74%
22 Nov - close price
nikhiladhesives.com BSE: 526159
About

Incorporated in 1986, Nikhil Adhesives Ltd is in the business of manufacturing various types of polymer emulsions and adhesives, and trading of chemicals[1]

Key Points

Business Segments[1]
A) Manufacturing of Adhesives
NAL is an ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015 certified multi-product company that manufactures, sells, and exports various types of specialty adhesives and polymer emulsions.

Website BSE
  • Market Cap ₹ 545 Cr.
  • Current Price ₹ 119
  • High / Low ₹ 153 / 100
  • Stock P/E 34.4
  • Book Value ₹ 26.8
  • Dividend Yield 0.17 %
  • ROCE 16.4 %
  • ROE 12.3 %
  • Face Value ₹ 1.00
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Pros

Cons

  • The company has delivered a poor sales growth of 4.80% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Chemicals Industry: Chemicals

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
198.67 221.21 217.98 224.28 196.69 161.81 160.68 142.08 143.81 130.29 148.02 161.17 147.69
186.92 211.14 207.08 213.69 188.58 154.61 152.00 135.29 136.27 122.73 139.13 151.59 138.29
Operating Profit 11.75 10.07 10.90 10.59 8.11 7.20 8.68 6.79 7.54 7.56 8.89 9.58 9.40
OPM % 5.91% 4.55% 5.00% 4.72% 4.12% 4.45% 5.40% 4.78% 5.24% 5.80% 6.01% 5.94% 6.36%
0.10 0.15 0.25 0.14 0.15 0.09 0.10 0.13 0.07 0.05 0.10 0.12 0.12
Interest 1.37 1.40 1.58 1.24 1.45 1.74 1.88 1.51 1.60 1.77 2.09 1.90 2.05
Depreciation 0.99 1.06 1.11 1.11 1.16 1.56 1.38 1.31 1.49 1.67 1.76 1.68 1.71
Profit before tax 9.49 7.76 8.46 8.38 5.65 3.99 5.52 4.10 4.52 4.17 5.14 6.12 5.76
Tax % 25.29% 25.13% 27.54% 25.06% 25.13% 27.57% 34.24% 25.12% 23.45% 29.02% 26.85% 25.65% 20.31%
7.10 5.82 6.13 6.28 4.23 2.90 3.63 3.07 3.45 2.96 3.76 4.55 4.59
EPS in Rs 1.55 1.27 1.34 1.37 0.92 0.63 0.79 0.67 0.75 0.64 0.82 0.99 1.00
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
181 232 251 266 260 330 446 422 491 814 743 564 587
172 220 242 255 248 317 430 403 460 770 709 533 552
Operating Profit 9 13 8 11 11 13 17 19 31 43 35 31 35
OPM % 5% 5% 3% 4% 4% 4% 4% 5% 6% 5% 5% 5% 6%
-1 -4 1 0 0 -0 1 1 0 1 0 0 0
Interest 4 6 6 8 7 7 8 8 7 6 6 7 8
Depreciation 2 2 2 2 1 2 2 3 3 4 5 6 7
Profit before tax 1 0 1 2 3 4 7 9 21 34 24 18 21
Tax % 62% 30% 30% 12% 33% 34% 30% 23% 26% 26% 28% 26%
1 0 0 2 2 3 5 7 16 25 17 13 16
EPS in Rs 0.15 0.07 0.10 0.41 0.52 0.62 1.14 1.53 3.41 5.50 3.71 2.88 3.45
Dividend Payout % 55% 0% 0% 0% 0% 16% 9% 7% 4% 4% 5% 7%
Compounded Sales Growth
10 Years: 9%
5 Years: 5%
3 Years: 5%
TTM: -3%
Compounded Profit Growth
10 Years: 11%
5 Years: 21%
3 Years: -5%
TTM: 22%
Stock Price CAGR
10 Years: 38%
5 Years: 56%
3 Years: 19%
1 Year: 1%
Return on Equity
10 Years: 19%
5 Years: 21%
3 Years: 20%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 4 4 4 4 4 5 5 5 5 5 5 5 5
Reserves 10 10 10 12 14 30 35 41 56 81 97 109 119
32 44 36 35 46 32 34 34 28 28 35 54 71
44 58 61 68 67 89 113 111 202 203 159 128 114
Total Liabilities 90 116 112 119 130 157 186 191 291 316 295 295 307
22 25 25 24 23 30 37 44 54 64 76 94 94
CWIP 3 1 1 0 1 0 0 6 0 1 4 0 1
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
65 91 86 94 106 127 149 141 236 250 215 202 212
Total Assets 90 116 112 119 130 157 186 191 291 316 295 295 307

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
8 -2 16 13 -4 11 16 21 23 25 21 14
-9 -3 -0 -2 -1 -6 -10 -12 -7 -15 -19 -17
1 5 -15 -9 4 -5 -7 -9 -15 -6 -3 10
Net Cash Flow -0 -0 0 1 -0 -0 -0 -1 1 3 -1 7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 64 75 62 61 91 86 79 82 112 65 54 65
Inventory Days 42 45 44 41 36 45 39 40 66 41 52 65
Days Payable 88 95 93 95 98 106 95 94 148 87 74 79
Cash Conversion Cycle 18 26 13 7 28 25 23 28 31 19 32 51
Working Capital Days 26 36 27 24 45 36 24 21 22 21 27 44
ROCE % 17% 21% 13% 20% 17% 18% 22% 22% 33% 39% 24% 16%

Shareholding Pattern

Numbers in percentages

8 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
54.44% 54.44% 54.44% 54.44% 54.44% 54.44% 54.44% 54.44% 54.44% 54.44% 54.44% 54.44%
1.39% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
44.17% 45.56% 45.56% 45.56% 45.58% 45.56% 45.57% 45.57% 45.56% 45.56% 45.57% 45.56%
No. of Shareholders 4,8024,7734,8277,88416,12417,74518,48318,63517,67616,05215,14414,258

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

Credit ratings

Concalls

  • Nov 2024
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