Nikhil Adhesives Limited

BSE: 526159
Nikhil Adhesives Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L51900MH1986PLC041062 Incorporated 29 September 1986 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 526159 Public Limited Company chemicals and materials
Market Cap
₹322 Cr
NIKHILAD · BSE
Share Price
₹68.65
-2.03% today
Revenue
₹234 Cr
FY 2013-14 · +28.1% YoY
EBITDA
₹8.08 Cr
Margin 3.5%
Net Profit
₹3.54 Cr
FY 2013-14 · +187.8% YoY
P/E (TTM)
4.7x
P/B 1.2x
ROE
25.6%
ROCE 19.9%
Debt / Equity
2.78
Interest cover 96.6x

About Nikhil Adhesives Limited

Data last updated:

Nikhil Adhesives Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 29 September 1986 and has been in existence for over 40 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51900MH1986PLC041062. Its GSTIN is 27AAACN1436G1ZR (Maharashtra). The company holds 14 GST registrations, of which 13 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 526159.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.59 Cr. It was formerly known as Hans Marketing and Services Private Limited. It is led by directors including Umesh Jayantilal Sanghavi (Managing Director) and Tarak Jayantilal Sanghavi (Whole-Time Director).

Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at A – 902 Kaledonia Building Sahar Road Opp. Vijay Nagar Andheri (East), Mumbai, Maharashtra, India – 400069.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹553.55 Cr, a decline of 5.3% compared to the previous year. For the same year it recorded a net profit of ₹17.63 Cr (net margin 3.2%) and EBITDA of ₹35.18 Cr (EBITDA margin 6.4%). The net worth stands at ₹145.63 Cr (up 12.8% YoY). Total assets are valued at ₹216.34 Cr (up 13.2% YoY).

The company has about 325 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Nikhil Adhesives. As per MCA filings, the company has open charges of ₹205.64 Cr and satisfied charges of ₹446.15 Cr on record. Court records list 73 cases involving the company, including 63 filed by the company and 10 filed against it; 26 cases are pending. The company has 14 deals on record (12 market trades, 2 funding rounds), with disclosed funding of ₹16.5 Cr; the latest was in September 2019. Its 3 peer companies in the Chemicals industry (Adhesives, Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 1 smaller; the largest is Omya India Private Limited with revenue of ₹622.69 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nikhiladhesives.com.

Company details

CIN L51900MH1986PLC041062
Registration Number 041062
Incorporation Date 29 September 1986
ROC Mumbai
Listing Status Listed - Listed on BSE (526159)
Company Status Active
Compliance Status Active Compliant

CIN history

Nikhil Adhesives has one previous CIN (Corporate Identification Number): U51900MH1986PTC041062. The current CIN is L51900MH1986PLC041062, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L51900MH1986PLC041062Current
U51900MH1986PTC041062Previous
Key People
Umesh Jayantilal Sanghavi Managing Director Tarak Jayantilal Sanghavi Whole-Time Director Rajendra Jayantilal Sanghavi Whole-Time Director

Contact details

Nikhil Adhesives Limited's registered office is in Mumbai, Maharashtra. Its website is nikhiladhesives.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    nikhiladhesives.com
  • Social Media
  • Registered Address
    A – 902 Kaledonia Building Sahar Road Opp. Vijay Nagar Andheri (East), Mumbai, Maharashtra, India – 400069
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Nikhil Adhesives Limited, buy the company report.

Comprehensive company report
Nikhil Adhesives Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Nikhil Adhesives operates one associated brand: Nikhil Adhesives. Each brand links to its own profile.

BrandDescriptionWebsite
Nikhil Adhesives
Manufacturer of paints & textiles emulsions and adhesivesnikhiladhesives.com

Business activity

The main business activities of Nikhil Adhesives are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Nikhil Adhesives Limited, buy the company report.

Financials of Nikhil Adhesives Limited

FY 2025-26 filings available

Nikhil Adhesives Limited reported revenue of ₹553.55 Cr (down 5.3% YoY) for FY 2025-26.

Financial Highlights

FY 2013-14 · Consolidated
Revenue
₹234 Cr
+28.1% YoY
EBITDA
₹8.08 Cr
+15.3% YoY
Profit After Tax
₹3.54 Cr
+187.8% YoY
Net Worth
₹13.94 Cr
+1.9% YoY
Total Assets
₹58.47 Cr
+26.3% YoY
Total Debt
₹44.34 Cr
+37.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2013-14FY 2012-13
Income statement
Revenue234183
Revenue growth+28.1%-
EBITDA8.087.01
EBITDA margin+3.5%+3.8%
Profit before tax0.371.49
Net profit3.541.23
Net profit margin+1.5%+0.7%
EPS (₹)0.681.31
Balance sheet
Total assets58.4746.28
Net worth13.9413.68
Total debt44.3432.37
Cash & bank3.795.79
Net working capital31.8021.94
Cash flow
Cash from operations(2.05)8.05
Cash from investing(3.41)(9.04)
Cash from financing5.080.86
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue554585564743814491422
Revenue growth-5.3%+3.6%-24.1%-8.6%+65.7%+16.4%-
EBITDA35.1837.0530.7634.5743.4331.0219.16
EBITDA margin+6.4%+6.3%+5.5%+4.7%+5.3%+6.3%+4.5%
Profit before tax23.5722.4217.9223.5333.9921.189.14
Net profit17.6316.8213.2517.1125.2615.667.02
Net profit margin+3.2%+2.9%+2.4%+2.3%+3.1%+3.2%+1.7%
EPS (₹)3.783.662.883.7054.8633.9915.25
Balance sheet
Total assets21619117113911590.9882.02
Net worth14612911410285.4660.8945.67
Total debt67.6858.5553.9534.7527.8228.1933.74
Cash & bank3.275.7612.114.826.052.871.45
Net working capital12999.6880.7060.1552.4938.6633.31
Cash flow
Cash from operations(0.48)6.9014.2420.5824.7222.9420.93
Cash from investing(3.11)(9.88)(17.05)(19.09)(15.16)(7.42)(12.24)
Cash from financing1.72(3.74)10.24(2.79)(6.45)(14.76)(9.31)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue189166133131125149134148
Revenue growth (YoY)+50.6%+11.3%-0.9%-11.3%-22.3%---
Other income0.190.250.801.110.110.130.190.12
Total expenses176155126123115140126138
EBITDA12.8611.247.318.2510.159.448.549.39
EBITDA margin+6.8%+6.8%+5.5%+6.3%+8.1%+6.3%+6.4%+6.4%
Depreciation1.881.791.871.872.001.771.921.71
Interest1.581.411.511.621.812.042.132.05
Profit before tax9.598.294.735.876.455.764.685.75
Tax2.252.011.221.881.101.581.221.17

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 12 Nov 2026
ParticularsFY 2013-14FY 2012-13
Revenue234183
Revenue growth+28.1%-
Other income0.180.02
Total expenses226176
Employee cost4.854.37
EBITDA8.087.01
EBITDA margin+3.5%+3.8%
Depreciation2.421.75
Interest5.473.79
Profit before tax0.371.49
Tax0.110.91
Net profit3.541.23
Net profit margin+1.5%+0.7%
EPS (₹)0.681.31
ParticularsFY 2013-14FY 2012-13
Equity & liabilities
Share capital3.903.90
Reserves & surplus10.049.78
Shareholders' funds (net worth)13.9413.68
Minority interest0.000.00
Secured loans28.3123.54
Unsecured loans16.038.83
Total debt44.3432.37
Total liabilities58.4746.28
Assets
Gross block37.6232.30
Net block25.1722.26
Capital work in progress0.692.68
Investments0.000.00
Inventories25.0518.35
Sundry debtors48.0331.77
Cash & bank balances3.795.79
Loans & advances10.968.37
Total current assets87.8364.28
Total current liabilities56.0342.34
Net working capital31.8021.94
Total assets58.4746.28
ParticularsFY 2013-14FY 2012-13
Opening cash0.650.78
Net cash from operating activities(2.05)8.05
Net cash from investing activities(3.41)(9.04)
Net cash from financing activities5.080.86
Net change in cash(0.38)(0.13)
Closing cash3.795.79
ParticularsFY 2013-14FY 2012-13
Growth
Sales growth+28.1%-
EBITDA growth+15.3%-
PBT growth-75.2%+9997.0%
Net income growth+187.8%-
Profitability & leverage
Net income margin+0.1%+0.3%
Return on capital employed+19.9%+16.1%
Return on net worth+25.6%+9.0%
Debt / equity2.782.17
Long-term debt / equity0.930.73
Interest cover96.6472.05
Efficiency & per share
Fixed asset turnover7.428.18
Inventory turnover11.9612.03
Debtors turnover6.506.09
EPS (₹)0.681.31
Dividend per share (₹)0.000.80
Book value per share (₹)35.7235.04
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue189166133131125149134148
Revenue growth (YoY)+50.6%+11.3%-0.9%-11.3%-22.3%---
Other income0.190.250.801.110.110.130.190.12
Total expenses176155126123115140126138
EBITDA12.8611.247.318.2510.159.448.549.39
EBITDA margin+6.8%+6.8%+5.5%+6.3%+8.1%+6.3%+6.4%+6.4%
Depreciation1.881.791.871.872.001.771.921.71
Interest1.581.411.511.621.812.042.132.05
Profit before tax9.598.294.735.876.455.764.685.75
Tax2.252.011.221.881.101.581.221.17
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue554585564743814491422
Revenue growth-5.3%+3.6%-24.1%-8.6%+65.7%+16.4%-
Other income2.270.570.350.480.570.290.75
Total expenses518548533709770460403
Employee cost0.0024.0519.0619.0713.6111.7011.78
EBITDA35.1837.0530.7634.5743.4331.0219.16
EBITDA margin+6.4%+6.3%+5.5%+4.7%+5.3%+6.3%+4.5%
Depreciation7.537.086.235.214.113.462.88
Interest6.358.126.966.315.906.677.89
Profit before tax23.5722.4217.9223.5333.9921.189.14
Tax6.215.564.676.518.735.522.12
Net profit17.6316.8213.2517.1125.2615.667.02
Net profit margin+3.2%+2.9%+2.4%+2.3%+3.1%+3.2%+1.7%
EPS (₹)3.783.662.883.7054.8633.9915.25
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital4.594.594.614.614.614.614.60
Reserves & surplus14112510997.0680.8556.2841.07
Shareholders' funds (net worth)14612911410285.4660.8945.67
Secured loans41.7934.7033.8518.9616.7419.1224.39
Unsecured loans25.8923.8520.1015.7911.089.079.35
Total debt67.6858.5553.9534.7527.8228.1933.74
Total liabilities21619117113911590.9882.02
Assets
Gross block14314113411093.3980.5867.23
Net block91.4995.5593.7376.3664.3654.2644.37
Capital work in progress0.970.650.013.611.200.145.65
Investments0.010.010.010.010.000.070.04
Inventories54.2887.2275.9684.2075.7171.8136.68
Sundry debtors15911310111014515194.63
Cash & bank balances3.275.7612.114.826.052.871.45
Loans & advances26.7118.9911.1412.4922.849.166.26
Total current assets243225200212249235139
Total current liabilities114126119152197196106
Net working capital12999.6880.7060.1552.4938.6633.31
Total assets21619117113911590.9882.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash4.3211.033.594.891.761.011.12
Net cash from operating activities(0.48)6.9014.2420.5824.7222.9420.93
Net cash from investing activities(3.11)(9.88)(17.05)(19.09)(15.16)(7.42)(12.24)
Net cash from financing activities1.72(3.74)10.24(2.79)(6.45)(14.76)(9.31)
Net change in cash(1.87)(6.71)7.44(1.30)3.110.75(0.62)
Closing cash3.275.7612.114.826.052.871.45
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-5.3%+3.6%-24.1%-8.6%+65.7%+16.4%-
EBITDA growth-5.1%+20.5%-11.0%-20.4%+40.0%+61.9%-
PBT growth+5.1%+25.1%-23.8%-30.8%+60.5%+131.7%+23.0%
Net income growth+4.8%+26.9%-22.6%-32.3%+61.3%+123.1%-
Revenue CAGR (3Y)-9.4%-10.4%+4.7%+20.8%+22.2%+14.1%+17.6%
EBITDA CAGR (3Y)+0.6%-5.2%-0.3%+21.7%+37.9%+37.5%+19.9%
Profitability & leverage
Net income margin+3.1%+2.9%+2.4%+2.3%+3.1%+3.2%+1.7%
Return on capital employed-+16.8%+16.1%+23.4%+38.7%+32.2%+21.8%
Return on net worth-+13.8%+12.3%+18.2%+34.5%+29.4%+16.5%
Debt / equity-0.460.410.330.380.580.80
Long-term debt / equity-0.220.210.200.260.340.36
Interest cover22.9727.0928.3721.4915.0124.2048.46
Efficiency & per share
Fixed asset turnover-4.254.637.319.356.646.79
Inventory turnover-7.137.059.3011.039.0511.00
Debtors turnover-5.465.355.835.504.004.41
EPS (₹)3.783.662.883.7054.8633.9915.25
Dividend per share (₹)0.220.220.200.202.001.501.00
Book value per share (₹)0.0028.1824.7522.08185.56132.2199.18

To see the full year-wise statements and ratios of Nikhil Adhesives Limited, buy the company report.

Board of directors of Nikhil Adhesives Limited

Nikhil Adhesives has 9 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tarak Jayantilal SanghaviWhole-Time Director01 Oct 198739 Years 1 MonthsCurrent
Gauri Trivedi
Also directs: Gujarat Ambuja Exports Limited, The Sandesh Limited, Adani Total Gas Limited and 3 more
Director01 Jan 20224 Years 10 MonthsCurrent
Rajendra Jayantilal Sanghavi
Also directs: Sanghavi Logistics Private Limited
Whole-Time Director29 Sep 198640 Years 1 MonthsCurrent
Umesh Jayantilal Sanghavi
Also directs: Sanghavi Logistics Private Limited
Managing Director29 Sep 198640 Years 1 MonthsCurrent
Pravin Kanubhai Laheri
Also directs: DMCC Oil Terminals (Navlakhi) Limited, Vision Aviation Private Limited, Amap Management Consultancy Private Limited and 2 more
Director01 Apr 20215 Years 7 MonthsCurrent
Madhu Thakorlal AnkleshwariaDirector16 Jun 20251 Years 4 MonthsCurrent
Showing 6 of 9 current directors. View all directors

Peer comparison

Nikhil Adhesives Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Adhesives, Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Omya India Private Limited₹622.69 Cr (FY 2025)22.0%Taloja, Maharashtra, India
Kiran Global Chems Limited₹620.05 Cr (FY 2018)0.0%Karaikal, Puducherry, India
Quaker Chemical India Private Limited₹574.58 Cr (FY 2024)7.0%Kolkata, West Bengal, India
Nikhil Adhesives Limitedthis company₹553.55 Cr (FY 2026)₹17.63 Cr3.2%-5.3%325Mumbai, Maharashtra, India

To see the full peer comparison of Nikhil Adhesives Limited, buy the company report.

Auditor

Nikhil Adhesives Limited is audited by PPV & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PPV & COFY 2023153929W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 54.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.40% and retail and other public shareholders hold 45.20%.

Promoters: 54.50%DII (Domestic Institutional): 0.40%Retail & Others: 45.20%
Mar 2026
QUARTER
54.50% Promoters
0.40% DII (Domestic Institutional)
45.20% Retail & Others
Promoter holding - history
Now 54.50% · Mar 2026High 54.50% · Mar 2026Low 54.40% · Jun 2025
53%53.8%54.5%55.3%56%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 54.40%Sep 2025: 54.40%Dec 2025: 54.40%Mar 2026: 54.50%54.40%54.50%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters54.50%54.40%54.40%54.40%
Public45.50%45.60%45.60%45.60%

Charges & borrowings

Open charges
₹205.64 Cr
Satisfied charges
₹446.15 Cr
Breakdown by lending institutions
Others₹130.00 Cr
Hdfc Bank Limited₹62.64 Cr
Standard Chartered Bank₹13.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Jan 2026101219243Others₹130 CrOpen
30 Mar 2023100708274Hdfc Bank Limited₹15 CrOpen
21 Jan 2022100538143Hdfc Bank Limited₹25 LakhOpen
23 Sep 2020100376730Hdfc Bank Limited₹47.26 CrOpen
22 May 2017100105539Standard Chartered Bank₹13 CrOpen

To see the full charge records of Nikhil Adhesives Limited, buy the company report.

Total charge records: 21 View all charges

Deals & funding

Nikhil Adhesives Limited has 14 deals on record (12 market trades, 2 funding rounds), with disclosed funding of ₹16.5 Cr; the latest was in September 2019.

Total deals
14
Market trades
12
Funding rounds
2
Disclosed funding
₹16.5 Cr

Deals on record (5 of 14)

WhenDealAmountParties
Aug 2018Market trade₹40.4 LakhSeller: Brightlight Agency Private Limited
Mar 2018Funding round₹14.42 CrInvestors: Karan Monomer's Private Limited , 3 individuals
Feb 2017Market trade₹1.04 CrBuyer: Brightlight Agency Private Limited
Seller: an individual
Jul 2011Market trade₹17.3 LakhBuyer: Visen Industries Limited
Seller: an individual
Jul 2011Market trade₹18.6 LakhBuyer: Visen Industries Limited
Seller: an individual

To see the full deal history of Nikhil Adhesives Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Nikhil Adhesives Limited was last rated by Icra on 30 Jan 2020.

Rating agencyRated onRating
Icra30 Jan 2020

To see the full credit ratings and regulatory alerts of Nikhil Adhesives Limited, buy the company report.

MSME payment delays

Nikhil Adhesives Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (3 of 3)

SupplierAmount dueDue sinceReported on
Pyramid Technoplast Limited
Bsa Polycontainer Pvt Ltd
Kris Flexipacks Private Limited

To see the full MSME payment records of Nikhil Adhesives Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Nikhil Adhesives Limited has a workforce of 325 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.

Employee count
325
Active EPFO establishments
2
Employee growth
3.5%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27325
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Nikhil Adhesives Limited, buy the company report.

GST

Nikhil Adhesives has 14 GST registrations: 13 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
14
Active
13
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACN1436G1ZRMaharashtraActive01 Jul 2017
09AAACN1436G1ZPUttar PradeshActive01 Jul 2017
24AAACN1436G1ZXGujaratActive01 Jul 2017
26AAACN1436G1ZTDadra and Nagar Haveli and Daman and DiuActive01 Jul 2017

To see the full GST registrations and return filing status of Nikhil Adhesives Limited, buy the company report.

Recent activity

Nikhil Adhesives Limited has 23 board changes on record since 1986: 16 appointments and 7 cessations. The latest: Madhu Thakorlal Ankleshwaria was appointed as Director on 16 Jun 2025.

Charges
A charge registered on 19 Nov 2004 via Charge ID 80010973 with Bank Of India was fully satisfied on 01 Jun 2026.
Charges
A charge registered on 10 Mar 2004 via Charge ID 90223521 with Bank Of India was fully satisfied on 01 Jun 2026.
Filing
Nikhil Adhesives Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 130.00 Cr with Charge ID 101219243 was registered on 16 Jan 2026.
AGM
Nikhil Adhesives Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Appointed
Madhu Thakorlal Ankleshwaria was appointed as Director.
Ceased
Ishita Tushar Gandhi ceased to be Director.
Appointed
Sethunathan Charlayath Laxmanan was appointed as Director.
Appointed
Jagdish Balvant Mali was appointed as Director.
Ceased
Naresh Damodardas Bhuta ceased to be Director.
Charges
A charge registered on 05 Oct 2020 via Charge ID 100400072 with Others was fully satisfied on 06 Jul 2023.
Ceased
Rabi Ramnath Mishra ceased to be Managing Director.

58 earlier events are in the company report.

News

Frequently asked questions

Nikhil Adhesives is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 29 September 1986 (40+ years old) and is registered under CIN L51900MH1986PLC041062. Listed on BSE: 526159.

Nikhil Adhesives reported revenue of ₹553.55 Cr for FY 2025-26 (down 5.3% YoY) based on standalone financials.

Nikhil Adhesives has 9 current directors:

The latest financial statements of Nikhil Adhesives on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Nikhil Adhesives is 27AAACN1436G1ZR, registered in Maharashtra. The company has 14 GST registrations in all, of which 13 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAACN1436G1ZP (Uttar Pradesh), 24AAACN1436G1ZX (Gujarat), 26AAACN1436G1ZT (Dadra and Nagar Haveli and Daman and Diu).

The CIN (Corporate Identification Number) of Nikhil Adhesives is L51900MH1986PLC041062. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Nikhil Adhesives is a listed company as per MCA records. Its shares are listed on BSE (code: 526159).

Nikhil Adhesives has 73 court cases on record: 63 filed by the company and 10 filed against it. 26 are pending. Most are in the district courts.

Nikhil Adhesives was incorporated on 29 September 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.

Nikhil Adhesives has 14 deals on record (12 market trades, 2 funding rounds), with disclosed funding of ₹16.5 Cr; the latest was in September 2019.

The peers of Nikhil Adhesives by revenue are Omya India Private Limited, Kiran Global Chems Limited, Quaker Chemical India Private Limited, all in the Chemicals industry (Adhesives, Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Madhu Thakorlal Ankleshwaria was appointed as Director on 16 Jun 2025. Ishita Tushar Gandhi ceased to be Director on 28 Mar 2025. Sethunathan Charlayath Laxmanan was appointed as Director on 17 Mar 2025. Nikhil Adhesives has 23 board changes on record in total.