Nikhil Adhesives Ltd

Nikhil Adhesives Ltd

₹ 117 -3.02%
23 Dec 4:01 p.m.
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.

  • Market Cap 538 Cr.
  • Current Price 117
  • High / Low 153 / 100
  • Stock P/E 152
  • Book Value 3.58
  • Dividend Yield 0.17 %
  • ROCE 20.0 %
  • ROE 25.6 %
  • Face Value 1.00

Pros

Cons

  • Stock is trading at 32.7 times its book value
  • Company has low interest coverage ratio.

* 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2010 Sep 2010 Dec 2010 Mar 2011 Jun 2011 Sep 2011 Dec 2011 Mar 2012
28.84 31.73 34.09 35.70 40.70 42.29 36.74 46.70
26.65 29.63 32.07 34.94 38.26 40.54 36.96 44.31
Operating Profit 2.19 2.10 2.02 0.76 2.44 1.75 -0.22 2.39
OPM % 7.59% 6.62% 5.93% 2.13% 6.00% 4.14% -0.60% 5.12%
0.00 0.01 0.03 0.39 0.01 0.01 0.00 -1.85
Interest 0.62 0.63 0.76 0.62 0.66 0.65 0.41 0.51
Depreciation 0.27 0.28 0.28 0.28 0.29 0.29 0.29 0.29
Profit before tax 1.30 1.20 1.01 0.25 1.50 0.82 -0.92 -0.26
Tax % 30.77% 29.17% 24.75% 116.00% 30.00% 42.68% -36.96% 19.23%
0.90 0.85 0.76 -0.04 1.05 0.47 -0.58 -0.31
EPS in Rs 0.23 0.22 0.20 -0.01 0.27 0.12 -0.15 -0.08
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014
121 130 165 181 232
114 123 157 172 220
Operating Profit 7 7 8 9 13
OPM % 6% 5% 5% 5% 5%
0 1 -3 -2 -4
Interest 3 3 2 4 5
Depreciation 1 1 1 2 2
Profit before tax 4 4 1 1 0
Tax % 39% 34% 33% 62% 30%
2 2 1 1 0
EPS in Rs 0.58 0.63 0.20 0.15 0.07
Dividend Payout % 21% 19% 41% 55% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 21%
TTM: 28%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 13%
TTM: 190%
Stock Price CAGR
10 Years: 38%
5 Years: 58%
3 Years: 11%
1 Year: -5%
Return on Equity
10 Years: %
5 Years: %
3 Years: 19%
Last Year: 26%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014
Equity Capital 4 4 4 4 4
Reserves 7 9 10 10 10
20 16 27 32 44
22 32 40 44 58
Total Liabilities 53 61 81 90 116
9 10 9 22 25
CWIP 0 0 11 3 1
Investments 0 0 0 0 0
44 51 61 65 91
Total Assets 53 61 81 90 116

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014
4 10 2 8 -2
-2 -2 -10 -9 -3
-4 -7 8 1 5
Net Cash Flow -1 1 -0 -0 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014
Debtor Days 82 67 76 64 75
Inventory Days 40 65 38 42 45
Days Payable 65 88 85 88 95
Cash Conversion Cycle 56 44 29 18 26
Working Capital Days 63 44 34 26 36
ROCE % 21% 21% 16% 20%

Shareholding Pattern

Numbers in percentages

7 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.

Click on the line-items to see the names of individual entities.

Documents

Concalls