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
- 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
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)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Umesh Sanghavi ![]() | Managing Director | 29-Sep-1986 | Current |
Anita Sanghavi | CFO | 27-Sep-2023 | Current |
Beena Khandelwal | Company Secretary | 15-Jun-2024 | Current |
Board Members (6)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Rajendra Sanghavi ![]() | Whole-Time Director | 29-Sep-1986 | Current |
Pravin Laheri ![]() | Director | 01-Apr-2021 | Current |
Tarak Sanghavi ![]() | Whole-Time Director | 01-Oct-1987 | Current |
Gauri Trivedi ![]() | Director | 01-Jan-2022 | Current |
Ishita Gandhi ![]() | Director | 28-Mar-2015 | Current |
Subramanian Venketakrishnan ![]() | Director | 01-Jul-2023 | Current |
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%.
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- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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Charges (Loans)
₹335.64 Cr
₹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
Date | Lender | Amount | Status |
---|---|---|---|
30 Mar 2023 | Hdfc Bank Limited | ₹15.00 Cr | Open |
21 Jan 2022 | Hdfc Bank Limited | ₹2.50 M | Open |
23 Sep 2020 | Hdfc Bank Limited | ₹47.26 Cr | Open |
22 May 2017 | Standard Chartered Bank | ₹13.00 Cr | Open |
09 Jan 2017 | Hdfc Bank Limited | ₹1.25 M | Open |
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.
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Deals i
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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
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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
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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.