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What is the Nikhil Adhesives Ltd (NIKHILAD) share price today?

Nikhil Adhesives Ltd (NIKHILAD) is trading at ₹76.64 on the BSE, up 0.84% on the day. Source: DocStoX.

What is the PE ratio of Nikhil Adhesives Ltd?

Nikhil Adhesives Ltd has a price-to-earnings (PE) ratio of 20.9 in the Commodities sector.

What is the market capitalisation of Nikhil Adhesives Ltd?

Nikhil Adhesives Ltd has a market capitalisation of approximately ₹349 crore.

Nikhil Adhesives Ltd

NIKHILAD·BSE·Commodities

₹76.64▲ +0.64 (+0.84%)

Commodities · Chemicals & Petrochemicals

A steady, established business

Day₹74.00

₹76.98

52W₹57

₹12230%

Open

₹74.08

High

₹76.98

Low

₹74.00

Prev Close

₹76.00

Volume

5.0K

VWAP

₹76.26

Snapshot

Key fundamentals

Market Cap

₹349 Cr

P/E Ratio

20.88Fair

P/B Ratio

2.40

EPS

₹3.67

Book Value

₹31.70

ROE

12.99%Average

ROCE

17.00%Decent

Dividend Yield

0.29%

Debt / Equity

0.47Moderate

Face Value

₹1.00

52W High

₹122.00

52W Low

₹56.78

Sector

Commodities

Industry

Chemicals & Petrochemicals

Avoid

None moatVery High uncertainty

Fair value estimate

₹36

▼ 52.7%downside

Trading at ₹77 — 53% above our estimate

BearFair valueBull

₹31₹36₹48

/100

Business quality — Solid

Growth 50Profitability 22Efficiency 45Valuation 75

Plain English

Our view

A steady, established business
Low debt relative to equity

Strengths

Low debt relative to equity
Promoters hold a controlling stake

How we got there

Fair value methods

Residual income

13% ROE fading to 14% over ~3 yrs, on ₹32 book

₹31

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹48

Analyst target

No analyst coverage

—

Blended fair value₹36

What the numbers say

Investment thesis

Bull case

Low debt relative to equity
Promoters hold a controlling stake

Bear case

No notable red flags from the current metrics.

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

20.9Fair

Below 15× is value territory; above 35× prices in strong growth

ROE

13.0%Average

Above 15% is considered healthy for Indian equities

ROCE

17.0%Decent

Above 18% means capital is working hard

Debt/Eq

0.47Moderate

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹349 Cr

P/B

2.40

EPS

₹3.67

Div Yield

0.29%

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Reasonable

P/E 20.9×

Growth

Shrinking

-9% rev CAGR

Profitability

Healthy

13.0% ROE

Financial health

Comfortable

D/E 0.47

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover₹3.82L Cr

Trades68

VWAP₹76.26

Face value₹1.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

-9.3%

+2.4%

10Y

+7.6%

Profit

+1.8%

+2.3%

10Y

+24.5%

EPS

-4.7%

-1.2%

10Y

+22.9%

Profile

Cons

The company has delivered a poor sales growth of 2.43% over past five years.
Company has a low return on equity of 13.0% over last 3 years.
Dividend payout has been low at 6.26% of profits over last 3 years
Debtor days have increased from 80.3 to 105 days.

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Ownership was broadly stable versus the previous quarter. The QoQ column shows each group's change versus the prior quarter.

54%

Promoter

Promoters

54.5%+0.02

Public

26.9%+0.16

FII / FPI

0.0%0.00

DII

0.4%+0.04

Others

18.2%

Total shareholders

12,634-298 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter54.46%

DII0.38%

Public26.94%

Others18.22%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 1986, Nikhil Adhesives Ltd is in the business of manufacturing various types of polymer emulsions and adhesives, and trading of chemicals[1]