Nikhil Adhesives Limited

Manufacturer of industrial and consumer chemical products, with a focus on adhesives and construction chemicals.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Nikhil Adhesives Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.59 Cr
  • Company Age 38 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 335.64 Cr
  • Satisfied Charges ₹ 186.15 Cr
  • Revenue Growth -8.64%
  • Profit Growth -32.55%
  • Ebitda -20.37%
  • Net Worth 18.98%
  • Total Assets -6.57%

About Nikhil Adhesives

Nikhil Adhesives Limited (NAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 September 1986 and has a history of 38 years and four months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526159.

The Corporate was formerly known as Hans Marketing And Services Private Limited. The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.59 Cr.

The company currently has active open charges totaling ₹335.64 Cr. The company has closed loans amounting to ₹186.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nikhil Adhesives Limited India are Anita Sanghavi as CFO and Beena Khandelwal as Company Secretary. Rajendra Sanghavi, Umesh Sanghavi, Pravin Laheri, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nikhiladhesives.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L51900MH1986PLC041062

  • Company No.

    041062

  • Stock Symbol

    BSE : 526159

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 1986

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Nikhil Adhesives Limited offer?

Nikhil Adhesives Limited offers a wide range of products and services, including Adhesives, Glue and Sealants, Solvent Based Adhesives, Resin Adhesives, Synthetic Adhesives, Textile Finishing Chemicals, Textile Finishing Agent, Repairing Adhesives, Adhesive Gum, Lamination Adhesive, Emulsion Paints.

Who are the key members and board of directors at Nikhil Adhesives?

Executive Team (3)

NameDesignationAppointment DateStatus
Umesh Sanghavi Country flag representing In Managing Director29-Sep-1986Current
Anita Sanghavi CFO27-Sep-2023Current
Beena Khandelwal Company Secretary15-Jun-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Rajendra Sanghavi Country flag representing In Whole-Time Director 29-Sep-1986Current
Pravin Laheri Country flag representing In Director 01-Apr-2021Current
Tarak Sanghavi Country flag representing In Whole-Time Director 01-Oct-1987Current
Gauri Trivedi Country flag representing In Director 01-Jan-2022Current
Ishita Gandhi Country flag representing In Director 28-Mar-2015Current
Subramanian Venketakrishnan Country flag representing In Director 01-Jul-2023Current

Financial Performance of Nikhil Adhesives.

Nikhil Adhesives Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.64% decrease. The company also saw a substantial fall in profitability, with a 32.55% decrease in profit. The company's net worth Soared by an impressive increase of 18.98%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-8.64%
Revenue from Operations
-8.64%
Total Assets
-6.57%
Profit or Loss
-32.55%
Net Worth
18.98%
EBITDA
-20.37%

What is the Ownership and Shareholding Structure of Nikhil Adhesives?

In 2022, Nikhil Adhesives had a promoter holding of 54.44% and a public holding of 45.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹335.64 Cr

Satisfied Charges

₹186.15 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 260.00 Cr
  • Hdfc Bank Limited : 62.64 Cr
  • Standard Chartered Bank : 13.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2023Hdfc Bank Limited₹15.00 CrOpen
21 Jan 2022Hdfc Bank Limited₹2.50 MOpen
23 Sep 2020Hdfc Bank Limited₹47.26 CrOpen
22 May 2017Standard Chartered Bank₹13.00 CrOpen
09 Jan 2017Hdfc Bank Limited₹1.25 MOpen

How Many Employees Work at Nikhil Adhesives?

Nikhil Adhesives has a workforce of 40 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nikhil Adhesives, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nikhil Adhesives's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Nikhil Adhesives

Recent activity within the organization

  • Annual General Meeting

    Nikhil Adhesives Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Director Appointment

    Beena Khandelwal was appointed as a Company Secretary was appointed as a Company Secretary on 15 Jun 2024 & has been associated with this company since 8 months 9 days .

    15 Jun 2024

  • Balance Sheet

    Nikhil Adhesives Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 05 Oct 2020 via Charge ID 100400072 with Others was fully satisfied on 06 Jul 2023.

    06 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100708274 was registered on 30 Mar 2023.

    30 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 47.26 Cr registered on 23 Sep 2020 with Charge ID 100376730 was modified on 28 Dec 2022.

    28 Dec 2022

Frequently asked questions

  • Nikhil Adhesives Limited was incorporated on 29 Sep 1986.

  • The authorized share capital of Nikhil Adhesives Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.59 Cr.

  • Currently 9 directors are associated with Nikhil Adhesives Limited.

    • Rajendra Jayantilal Sanghavi
    • Umesh Jayantilal Sanghavi
    • Pravin Kanubhai Laheri
    • Tarak Jayantilal Sanghavi
    • Gauri Surendra Trivedi
    • Ishita Tushar Gandhi
    • Subramanian Venketakrishnan
    • Anita Umesh Sanghavi
    • Beena Khandelwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nikhil Adhesives Limited is A-902 Kaledonia Building Sahar Road Opp. Vijay Nagar, Andheri (East) India, Mumbai, Maharashtra, 400069.

  • The corporate identification number (CIN) of Nikhil Adhesives Limited is L51900MH1986PLC041062 and the company number is 041062 as per Ministry of Corporate Affairs (MCA).

  • Yes, Nikhil Adhesives Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Nikhil Adhesives Limited is https://www.nikhiladhesives.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nikhil Adhesives Limited has fallen by -8.64%.

  • As Per 2023 financial reports, 40 employees are currently employed by Nikhil Adhesives Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nikhil Adhesives Limited has experienced an upsurge of 18.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nikhil Adhesives Limited amount to ₹ 335.64 Cr.

  • The most recent Balance Sheet for Nikhil Adhesives Limited was filed with the ROC on 31 Mar 2024.

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