Nikhil Adhesives Ltd

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NIKHILAD •
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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
New 52W High in past week
12.1
TTM PE Ratio
Below industry Median
46.9
Price to Book Ratio
Above industry Median
5.4
Dividend yield 1yr %
Low in industry
0.1
TTM PEG Ratio
PEG TTM is negative
-2.1
RSI
RSI is mid-range
60.8
MFI
MFI Overbought
78.4

Nikhil Adhesives Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Nikhil Adhesives Ltd shareholding Pattern

Promoter
54.4%
Public
45.6%
Promoter
54.4%
Public
45.6%
Promoter
54.4%
Public
45.6%
Promoter
54.4%
Public
45.6%
Promoter
54.4%
Public
45.6%
Promoter
54.4%
Public
45.6%

Nikhil Adhesives Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
14
Bearish Moving Averages
2
5Day EMA
135.30
10Day EMA
133.10
12Day EMA
132.20
20Day EMA
129.10
26Day EMA
127.60
50Day EMA
125.20
100Day EMA
124.60
200Day EMA
124.40
5Day SMA
135.60
10Day SMA
133.40
20Day SMA
126.90
30Day SMA
123.30
50Day SMA
122.80
100Day SMA
124.90
150Day SMA
126.10
200Day SMA
123.70
Delivery & Volume
Resistance & Support
136.95
Pivot
Resistance
First Resistance
138.90
Second Resistance
142.65
Third Resistance
144.60
Support
First Support
133.20
Second support
131.25
Third Support
127.50
Relative Strength Index
60.80
Money Flow Index
78.43
MACD
4.56
MACD Signal
3.56
Average True Range
7.06
Average Directional Index
43.29
Rate of Change (21)
15.51
Rate of Change (125)
7.99
Peer comparison
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Market Cap
52W Low
52W High
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Nikhil Adhesives Ltd.
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Synergy Green Industries Ltd.
495.61
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BEW Engineering Ltd.
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Meson Valves India Ltd.
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AMIC Forging Ltd.
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Nikhil Adhesives Ltd Company background

Founded in: 1986
Managing director: U J Sanghavi
Nikhil Adhesives Limited (NAL), engaged in the business of manufacturing water thinnable polymer emulsions and adhesives was incorporated in the year 1986. The Company has been in this business since 1986 and has 5 manufacturing units located at Dahanu (Maharashtra), Silvassa (Dadra Nagar Haveli), Dahej (Gujarat), Tumkur (Karnataka) and at Unna (Himachal Pradesh). The current production capacity is 120,000 tonnes per annum, which can be enhanced. The Company is also engaged in the business of trading in chemicals. The Company operates under two major business segments i.e. Branded Consumer Products Industrial Products. Products such as Wood Adhesives, Construction Chemicals and sticker adhesive are covered under Branded Consumer products segment. These products are widely used by carpenters, printers, plumbers, mechanics, households, students, offices etc. Industrial Products segment covers products such as Industrial Adhesives, synthetic emulsions resins among others, which caters to various industries like packaging, textiles, paints, leather etc. Company operates under two major business segments i.e. Branded Consumer Products Industrial Products. Products such as Wood Adhesives, Construction Chemicals and sticker adhesive are covered under Branded Consumer products segment. These products are widely used by carpenters, printers, plumbers, mechanics, households, students, offices etc. Industrial Products segment covers products such as Industrial Adhesives, synthetic emulsions resins among others, which caters to various industries like packaging, textiles, paints, leather etc.The Company had acquired the emulsion business of M/s. Mafatlal Dyes Chemicals Ltd. in the year 2003 and its products are sold under the brand name Mahacol, Emditex, Emdilith, Emdibind, Emdicryl, and others. It operates in two segments: manufacturing of adhesives and emulsions, and trading in chemicals. It manufactures products, which find application in the consumer segment and are sold through retail channel. It has a well equipped laboratory to develop products for various application and is committed to manufacture products at affordable prices of its customers. The Companys products like wood adhesives, sealants and screen printing adhesives are sold through retail outlets. The Companys products include mahacol SH, mahacol tatkal, mahacol mafbond, mahacol rhino, emdicryl 4150, emdicryl 4350, emdicryl 2042, emdicryl 2425, emdilith DM21, emdilith DSP, emdilith THK, emditex MBX, emdilcryl 2523, emdirust 217 and emdilith LM. The Companys subsidiary is Sanghavi Logistics Pvt. Ltd. During the year 201819, the Company started manufacturing and supplying Emulsions for Construction Chemicals to Dow ChemicalsInternational Pvt. Ltd. In 202223, the Company opened warehouses/godowns in Gujarat, Maharashtra, Punjab, Madhya Pradesh, other places for quicker logistics and wider customer reach. It expanded the manufacturing units at Tumkur, Mehatpur Dahej factories.Nikhil Adhesives Limited is an ISO 9001:2015, ISO 45001:2018 and ISO 14001:2015 certified company and their products find use in the Paints, Packaging, Furniture, Textiles, Construction and many other industries. It has a wellequipped laboratory to develop products for various applications and is committed to manufacture quality products at affordable prices for its customers. The Companys products are well accepted by the industry and with the ever growing demands, a third plant to augment the manufacturing capacity is under construction at Dahej2 Industrial Estate, Bharuch (Gujrat).
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