Market cap
₹318 Cr
Revenue (TTM)
₹619 Cr
P/E Ratio
15.6
P/B Ratio
2.1
Div. Yield
0.3 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 13.64 | 50.57 | 11.22 | -2.20 | -0.64 |
| EBIT | 16.13 | 34.66 | 10.37 | 8.74 | -3.45 |
| Net Profit | 16.70 | 37.04 | 19.93 | 14.15 | -3.23 |
| EPS | 16.70 | 37.04 | 18.37 | 13.61 | -3.50 |
| Book Value | -- | -- | 12.22 | 12.73 | 19.06 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 4.84 | 4.66 | 5.27 | 5.04 | 5.13 |
| Net Margin
| 2.78 | 2.75 | 3.27 | 3.12 | 2.88 |
| Return on equity
| 12.91 | 18.30 | 14.61 | 12.61 | 13.83 |
| Return on Capital
| 16.38 | 22.63 | -- | 15.05 | 17.40 |
| Return on Assets
| 5.07 | 5.82 | 6.18 | 5.26 | 5.45 |
| Debt to Equity (x)
| -- | -- | 0.07 | 0.45 | 0.43 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
--
|
15.05
|
17.40
|
16.70
|
24.26
|
|
Peer Median
|
--
|
14.24
|
21.69
|
23.10
|
--
|
ROE
14.61
Lower than Peers by 5.31
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
14.61
|
12.61
|
13.83
|
12.29
|
18.21
|
|
Peer Median
|
19.92
|
13.97
|
17.81
|
18.21
|
--
|
ROA
6.18
Lower than Peers by 2.15
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
6.18
|
5.26
|
5.45
|
4.49
|
5.58
|
|
Peer Median
|
8.32
|
6.30
|
10.77
|
7.43
|
--
|
EBIT Margin
5.27
Lower than Peers by 3.91
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
5.27
|
5.04
|
5.13
|
4.35
|
3.95
|
|
Peer Median
|
9.19
|
22.00
|
20.20
|
19.10
|
--
|
Net Margin
3.27
Lower than Peers by 3.11
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
3.27
|
3.12
|
2.88
|
2.35
|
2.29
|
|
Peer Median
|
6.38
|
5.47
|
6.63
|
3.65
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
--
|
4.48
|
4.09
|
3.45
|
2.99
|
|
Peer Median
|
--
|
0.00
|
--
|
--
|
--
|
Revenue Growth
11.22
Higher than Peers by 5.85
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
11.22
|
-5.32
|
3.61
|
-24.11
|
-8.64
|
|
Peer Median
|
5.37
|
14.84
|
9.62
|
4.95
|
--
|
EBIT Growth
10.37
Lower than Peers by 0.94
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
10.37
|
-6.89
|
22.12
|
-16.45
|
-25.29
|
|
Peer Median
|
11.31
|
26.90
|
12.20
|
63.73
|
--
|
Net Profit Growth
19.93
Higher than Peers by 5.06
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
19.93
|
2.97
|
27.23
|
-22.24
|
-32.55
|
|
Peer Median
|
14.86
|
24.37
|
19.87
|
89.38
|
--
|
EPS Growth
18.37
--
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
18.37
|
2.97
|
27.23
|
-22.24
|
-32.55
|
|
Peer Median
|
--
|
33.16
|
17.66
|
34.62
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
--
|
12.22
|
13.85
|
12.12
|
18.98
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.07
Higher than Peers by 0.07
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
0.07
|
0.45
|
0.43
|
0.45
|
0.31
|
|
Peer Median
|
0.00
|
0.43
|
0.16
|
0.09
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
--
|
0.31
|
0.18
|
0.15
|
0.05
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.44
Lower than Peers by 0.65
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
1.44
|
1.42
|
1.44
|
1.37
|
1.26
|
|
Peer Median
|
2.08
|
2.04
|
2.15
|
1.89
|
--
|
Quick Ratio
1.11
Lower than Peers by 0.45
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
1.11
|
1.10
|
0.88
|
0.85
|
0.76
|
|
Peer Median
|
1.56
|
2.59
|
2.20
|
2.10
|
--
|
Interest Coverage
5.65
Higher than Peers by 0.33
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
5.65
|
4.71
|
3.76
|
3.57
|
4.73
|
|
Peer Median
|
5.32
|
4.96
|
11.97
|
7.56
|
--
|
Operating Efficiency
Debtors to sales
25.72
Higher than Peers by 11.32
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
25.72
|
28.75
|
19.38
|
17.85
|
14.83
|
|
Peer Median
|
14.40
|
37.17
|
19.37
|
17.85
|
--
|
Asset Turnover
1.88
Higher than Peers by 0.71
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
1.88
|
1.69
|
1.89
|
1.91
|
2.43
|
|
Peer Median
|
1.17
|
2.35
|
2.22
|
1.91
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
--
|
89.41
|
66.80
|
68.23
|
62.58
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
--
|
46.73
|
51.22
|
51.81
|
39.26
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
--
|
73.83
|
76.71
|
91.51
|
86.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
--
|
62.31
|
41.31
|
28.53
|
15.47
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
15.65
Lower than Peers by 6.44
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
15.65
|
16.49
|
23.77
|
43.03
|
26.25
|
|
Peer Median
|
22.09
|
22.17
|
25.66
|
30.51
|
--
|
Price / Book Value
2.08
Higher than Peers by 0.17
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
2.08
|
1.97
|
3.09
|
5.00
|
4.40
|
|
Peer Median
|
1.91
|
2.16
|
3.68
|
5.40
|
--
|
Dividend Yield
0.32
Lower than Peers by 0.71
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
0.32
|
0.35
|
0.25
|
0.16
|
0.21
|
|
Peer Median
|
1.03
|
--
|
--
|
--
|
--
|
EV/EBITDA
8.97
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
8.97
|
9.23
|
12.00
|
19.56
|
13.52
|
|
Peer Median
|
--
|
18.35
|
17.09
|
29.08
|
--
|
Market Cap
318
Higher than Peers by 24
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nikhil Adhesives
|
318
|
286
|
401
|
570
|
447
|
|
Peer Median
|
293
|
175
|
169
|
200
|
--
|