Nikhil Adhesives Ltd Stock Price Today (NSE: NIKHILAD)
Fundamental Score
Nikhil Adhesives Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Nikhil Adhesives Ltd share price today is ₹74.00, up +3.11% on NSE/BSE as of 5 August 2026. Nikhil Adhesives Ltd (NIKHILAD) is a Small-cap company in the Specialty Chemicals sector with a market capitalisation of ₹338.73 (Cr). The 52-week high for NIKHILAD share price is ₹122.00 and the 52-week low is ₹56.78. At a P/E ratio of 19.21x, NIKHILAD is currently trading below its industry average P/E of 31.95x. The company has a Return on Equity (ROE) of 12.80% and a debt-to-equity ratio of 0.46.
Nikhil Adhesives Ltd Share Price Chart — NSE/BSE Historical Performance
Nikhil Adhesives Ltd share price chart: -6.18% return over the past month. 52-week high ₹122.00, 52-week low ₹56.78.
Nikhil Adhesives Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹71.85 | ₹75.90 | ₹71.83 | ₹72.28 | 9.42K (Cr) | |
| ₹72.19 | ₹72.99 | ₹70.11 | ₹71.77 | 7.84K (Cr) | |
| ₹71.86 | ₹72.70 | ₹71.56 | ₹71.84 | 3.45K (Cr) | |
| ₹72.06 | ₹72.85 | ₹71.67 | ₹71.85 | 5.76K (Cr) | |
| ₹73.00 | ₹73.00 | ₹71.62 | ₹72.04 | 3.69K (Cr) | |
| ₹73.98 | ₹73.99 | ₹71.55 | ₹72.13 | 6.85K (Cr) | |
| ₹72.66 | ₹73.55 | ₹72.56 | ₹73.50 | 10.56K (Cr) | |
| ₹73.99 | ₹74.99 | ₹72.10 | ₹72.58 | 6.72K (Cr) | |
| ₹74.08 | ₹76.98 | ₹74.00 | ₹76.64 | 5.01K (Cr) | |
| ₹84.00 | ₹84.00 | ₹69.23 | ₹76.00 | 12.17K (Cr) |
Nikhil Adhesives Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹72.19 | ₹75.90 | ₹70.11 | ₹72.28 | +0.12% | |
| ₹76.50 | ₹84.00 | ₹69.23 | ₹71.84 | -6.09% | |
| ₹89.99 | ₹92.00 | ₹75.02 | ₹76.50 | -14.99% | |
| ₹91.01 | ₹95.00 | ₹82.80 | ₹88.39 | -2.88% | |
| ₹70.70 | ₹94.99 | ₹62.90 | ₹91.70 | +29.70% | |
| ₹61.05 | ₹76.10 | ₹60.10 | ₹62.32 | +2.08% | |
| ₹70.01 | ₹71.99 | ₹56.78 | ₹65.06 | -7.07% | |
| ₹79.59 | ₹80.00 | ₹66.01 | ₹70.00 | -12.05% | |
| ₹95.00 | ₹97.99 | ₹77.78 | ₹78.05 | -17.84% | |
| ₹114.00 | ₹115.70 | ₹91.55 | ₹93.25 | -18.20% | |
| ₹97.50 | ₹122.00 | ₹97.50 | ₹114.25 | +17.18% | |
| ₹99.75 | ₹109.90 | ₹97.00 | ₹100.20 | +0.45% |
AI Research Briefing
Powered by Gemini · 2026-04-09
Micro-cap play on the India specialty chemical growth story, but recent financials raise concerns.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Nikhil Adhesives' investment rating was upgraded to Hold by MarketsMojo on April 1, 2026, driven by technical indicators and valuation. However, MarketsMojo had the stock rated as 'Sell' on March 24, 2026. The company scheduled a board meeting on February 13, 2026, to approve unaudited financial results for the quarter ended December 31, 2025.
CORE STORY (THE REAL GAME)
- India specialty chemical sector growth
- Government support for the sector
- Shift to sustainable chemicals
- Order wins in the adhesives segment
- Improved quarterly earnings
- Acquisition by a larger player
- Micro/SME cap = liquidity risk
- Recent profit decline of 30.94%
- Low DII holding of 0.34%
DII increased holdings by 0.14%, but overall holding is still very low at 0.34%.
The Indian specialty chemicals industry is expected to be valued over $60 billion by 2026.
Free Cash Flow 5Y is ₹19.77 Cr. Profit converting to cash, but needs to be monitored.
If Nikhil Adhesives can capitalize on the growing specialty chemicals market in India and improve its financial performance, it could be a worthwhile investment. However, liquidity risk and recent profit decline need to be monitored.
Primary Thesis Risk
Inability to scale and compete in the growing specialty chemicals market due to financial constraints.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Nikhil Adhesives Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Nikhil Adhesives Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of NIKHILAD across key market metrics for learning purposes.
Positive Indicators
5 factors identified
Excellent ROCE Performance (15.06%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Attractive Valuation (P/E: 19.21 vs Industry: 31.95)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Robust Profit Growth (50.24%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Balanced Promoter Holding (54.46%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
4 factors identified
Limited Growth History (2.43% CAGR)
Observation: Below-average 5-year sales growth trajectory.
Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.
Weak Earnings Growth (2.39% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (2.41% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Limited Institutional Interest (FII+DII: 0.38%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
Nikhil Adhesives Ltd vs Specialty Chemicals Peers
Peer Comparison - Specialty Chemicals
Compare Nikhil Adhesives Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Nikhil Adhesives LtdNikhil Adhesive...Selected✓ NIKHILAD • 526159 | 42.9/100 | ₹74.00₹74 | ₹338.73₹338.73 | 19.21Average 19.2 Average | 12.80%Average 12.80% Average | 15.06%Good 15.06% Good | 0.46Excellent 0.5 Excellent | 2.41%Average 2.41% Average | 2.43%Average 2.43% Average | 0.30% |
Pidilite Industries LimitedPidilite Indust... PIDILITIND • 500331 | 65.3/100 | ₹1611.40₹1611 | ₹159989.82₹159989.82 | 64.97Average 65.0 Average | 23.92%Excellent 23.92% Excellent | 31.02%Excellent 31.02% Excellent | 0.04Excellent 0.0 Excellent | 16.69%Excellent 16.69% Excellent | 14.89%Good 14.89% Good | 0.73% |
Gujarat Fluorochemicals LtdGujarat Fluoroc... FLUOROCHEM • 542812 | 42.9/100 | ₹4366.80₹4367 | ₹45440.05₹45440.05 | 77.27Average 77.3 Average | 7.78%Poor 7.78% Poor | 9.86%Poor 9.86% Poor | 0.29Excellent 0.3 Excellent | 36.34%Excellent 36.34% Excellent | 13.52%Good 13.52% Good | 0.07% |
Navin Fluorine International LtdNavin Fluorine ... NAVINFLUOR • 532504 | 62.7/100 | ₹7567.50₹7568 | ₹39027.62₹39027.62 | 58.37Average 58.4 Average | 20.26%Excellent 20.26% Excellent | 21.37%Excellent 21.37% Excellent | 0.32Excellent 0.3 Excellent | 22.16%Excellent 22.16% Excellent | 22.95%Excellent 22.95% Excellent | 0.20% |
Deepak Nitrite LtdDeepak Nitrite ... DEEPAKNTR • 506401 | 32.8/100 | ₹1662.20₹1662 | ₹23159.08₹23159.08 | 41.37Average 41.4 Average | 9.97%Poor 9.97% Poor | 11.49%Average 11.49% Average | 0.28Excellent 0.3 Excellent | -6.33%Poor -6.33% Poor | 12.59%Good 12.59% Good | 0.44% |
Aether Industries LtdAether Industri... AETHER • 543534 | 36.3/100 | ₹1539.60₹1540 | ₹19624.13₹19624.13 | 86.74Average 86.7 Average | 9.66%Poor 9.66% Poor | 11.92%Average 11.92% Average | 0.19Excellent 0.2 Excellent | — — | — — | 0.00% |
Aarti Industries LtdAarti Industrie... AARTIIND • 524208 | 38.7/100 | ₹489.10₹489 | ₹18171.13₹18171.13 | 44.10Average 44.1 Average | 7.13%Poor 7.13% Poor | 6.85%Poor 6.85% Poor | 0.83Good 0.8 Good | -4.67%Poor -4.67% Poor | 12.96%Good 12.96% Good | 0.20% |
Atul LtdAtul Ltd... ATUL • 500027 | 58.2/100 | ₹6736.50₹6737 | ₹18051.49₹18051.49 | 26.58Average 26.6 Average | 11.49%Average 11.49% Average | 14.90%Average 14.90% Average | 0.03Excellent 0.0 Excellent | 1.26%Average 1.26% Average | 10.95%Good 10.95% Good | 0.49% |
BASF India LtdBASF India Ltd... BASF • 500042 | 52.2/100 | ₹3633.80₹3634 | ₹16002.35₹16002.35 | 38.38Average 38.4 Average | 10.92%Average 10.92% Average | 14.68%Average 14.68% Average | 0.03Excellent 0.0 Excellent | 7.67%Good 7.67% Good | 9.41%Good 9.41% Good | 0.68% |
Fine Organic Industries LtdFine Organic In... FINEORG • 541557 | 62.09999999999999/100 | ₹4816.50₹4817 | ₹15713.17₹15713.17 | 38.15Average 38.1 Average | 16.61%Good 16.61% Good | 21.47%Excellent 21.47% Excellent | 0.03Excellent 0.0 Excellent | 27.91%Excellent 27.91% Excellent | 15.86%Excellent 15.86% Excellent | 0.21% |
Anupam Rasayan India LtdAnupam Rasayan ... ANURAS • 543275 | 33.3/100 | ₹1207.80₹1208 | ₹14449.70₹14449.70 | 84.94Average 84.9 Average | 5.50%Poor 5.50% Poor | 7.36%Poor 7.36% Poor | 0.56Good 0.6 Good | 19.29%Excellent 19.29% Excellent | 23.88%Excellent 23.88% Excellent | 0.06% |
Top Specialty Chemicals Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Pidilite Industries Limited share price159989.82 Cr
- Gujarat Fluorochemicals Ltd share price45440.05 Cr
- Navin Fluorine International Ltd share price39027.62 Cr
- Deepak Nitrite Ltd share price23159.08 Cr
- Aether Industries Ltd share price19624.13 Cr
Nikhil Adhesives Ltd PE Ratio History
Historical price-to-earnings ratio for NIKHILAD — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹3.67 | ₹78.05 | 21.3x |
| FY 2024 | ₹2.88 | ₹118.95 | 41.3x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Nikhil Adhesives Ltd Dividend History
Annual cash dividends paid by NIKHILAD — dividend yield 0.30%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹0.92 Cr |
| FY 2024 | ₹0.92 Cr |
| FY 2023 | ₹0.92 Cr |
| FY 2022 | ₹0.69 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Nikhil Adhesives Ltd Quarterly Performance
Latest quarterly metrics for NIKHILAD — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
11.30%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
50.24%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
2.43%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
2.41%
Compounded annual net profit growth over 5 years
Nikhil Adhesives Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for NIKHILAD — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Nikhil Adhesives Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Nikhil Adhesives Ltd (NIKHILAD) — sourced from NSE/BSE filings.
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About NIKHILAD (Nikhil Adhesives Ltd)
Nikhil Adhesives Ltd is a prominent Indian manufacturer specializing in polymer emulsions and a wide array of adhesives. The company distinguishes itself through a commitment to pr...oducing high-quality, tailored adhesive solutions catering to diverse industrial needs. Their product portfolio includes specialized adhesives for sectors like packaging, woodworking, construction, and the manufacture of tapes and labels. Beyond standard applications, Nikhil Adhesives develops solutions for niche sectors, demonstrating their innovation and adaptability. Their focus on research and development enables them to consistently deliver advanced adhesive technologies that meet the evolving demands of the market. The company's operational structure is divided into two core segments. The primary segment is dedicated to the manufacturing of its signature adhesives and emulsions, driving the core of its business. The second segment involves the trading of chemicals and other associated products, complementing their manufacturing activities and strengthening their position in the specialty chemicals market. This dual approach allows Nikhil Adhesives to manage its supply chain effectively and cater to a broader customer base, positioning them as a comprehensive solutions provider. Their established infrastructure and commitment to quality control ensure consistent performance across their entire product line. Nikhil Adhesives serves a diverse range of industries with specialized emulsions. These include paint emulsions using pure acrylic, styrene acrylic, and Vam-Veova co-polymer formulations. These emulsions offer properties like superior binding strength, weather resistance, and color retention, making them ideal for applications in architectural coatings, industrial paints, and textile finishing. Furthermore, Nikhil Adhesives emphasizes sustainable practices within its manufacturing processes. They continue to explore eco-friendly raw materials and environmentally responsible production methods, aligning their business with the growing demand for sustainable products and contributing to a greener future for the adhesives and emulsions market.
Company Details
Key Leadership
Corporate Events
NIKHILAD Share Price: Frequently Asked Questions
What is the current share price of Nikhil Adhesives Ltd?
Nikhil Adhesives Ltd (NIKHILAD) trades at ₹74.00 on NSE and BSE. Market cap ₹338.73 (Cr). Educational data only.
What is the P/E ratio of Nikhil Adhesives Ltd?
Nikhil Adhesives Ltd has a P/E of 19.21x vs industry average 31.95x.
What is the Bull Run score for Nikhil Adhesives Ltd?
Nikhil Adhesives Ltd has a Bull Run score of 42.9/100 based on 25+ financial parameters.
Does Nikhil Adhesives Ltd pay dividends?
Nikhil Adhesives Ltd has a dividend yield of 0.30%. Past dividends don't guarantee future payments.
What is the ROE of Nikhil Adhesives Ltd?
Nikhil Adhesives Ltd has ROE of 12.80%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Nikhil Adhesives Ltd?
Nikhil Adhesives Ltd has debt-to-equity of 0.46.
Is Nikhil Adhesives Ltd a good investment?
Bull Run gives Nikhil Adhesives Ltd a score of 42.9/100. This is not investment advice — consult a SEBI-registered advisor.