Stock NIKHILAD6 NIKHIL ADHESIVES LIMITED
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Company Nikhil Adhesives Limited

Equities

NIKHILAD6

INE926C01022

Specialty Chemicals

Market Closed - Bombay S.E.
Other stock markets
 11:00:59 21/06/2024 BST 		5-day change 1st Jan Change
116.4 INR -1.06% Intraday chart for Nikhil Adhesives Limited -0.13% -7.77%
05-22 Nikhil Adhesives Limited Announces Appointment of Beena Khandelwal as Company Secretary and Compliance Officer CI
05-22 Nikhil Adhesives Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2024 CI

Business Summary

Nikhil Adhesives Limited is an India-based company engaged in the business of manufacturing various types of polymer emulsions and adhesives that are used for different applications. The Company's segments include Manufacturing of Adhesives & Emulsions and Trading in Chemicals & Others. Besides manufacturing polymer emulsion, it is also engaged in the business of indenting and marketing of bulk raw materials. It offers products, including Paint Emulsion, Textile Emulsion and Binders, Industrial Adhesives, Mahacol Wood Adhesives, Construction Chemicals, and Monomers and Solvents. Its business segments are branded consumer products under the brand names, such as Mahacol, Formisol, Emdilith, Mahaquick, Embro and Mahabond and industrial products are under various brands, such as Emdilith, Emditex, Emdicryl and Emdibind. Its manufacturing units are located at Dahanu (Maharashtra), Silvassa (Dadra Nagar Haveli), Dahej (Gujarat), Unna (Himachal Pradesh) and at Tumkur (Banglore).

Number of employees: 271

Sales per Business

INR in Million2022Weight2023Weight Delta
Adhesives and Emulsions
82.0 %
6,463 79.4 % 6,096 82.0 % -5.68%
Chemicals
18.0 %
1,674 20.6 % 1,338 18.0 % -20.06%

Sales per region

INR in Million2022Weight2023Weight Delta
India
100.0 %
8,137 100.0 % 7,435 100.0 % -8.64%

Managers

Managers TitleAgeSince
Umesh Jayantilal Sanghavi CEO
 Chief Executive Officer 67 29/09/86
Anita Umesh Sanghavi DFI
 Director of Finance/CFO - 26/09/23
P. Balasubramanian SAM
 Sales & Marketing - -

Members of the board

Members of the board TitleAgeSince
Rajendra Jayantilal Sanghavi CHM
 Chairman 68 29/09/86
Umesh Jayantilal Sanghavi CEO
 Chief Executive Officer 67 29/09/86
Tarak Jayantilal Sanghavi BRD
 Director/Board Member 61 29/09/86
Pravinbhai Kanubhai Laheri BRD
 Director/Board Member 79 31/03/21
Ishita Tushar Gandhi BRD
 Director/Board Member 57 27/03/15
Gauri Surendra Trivedi BRD
 Director/Board Member 64 31/12/21
Vivek Subramanian BRD
 Director/Board Member 64 30/06/23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 45,943,000 9,966,966 ( 21.69 %) 0 21.69 %

Shareholders

NameEquities%Valuation
Vasant Chemicals Pvt Ltd.
10.96 %
5,036,000 10.96 % 7 M ₹
Vasantben Sanghavi
10.89 %
5,002,600 10.89 % 7 M ₹
Rekha Tarak Sanghavi
10.55 %
4,846,730 10.55 % 7 M ₹
Mrunalini R Sanghavi
10.36 %
4,761,130 10.36 % 7 M ₹
Anita Umesh Sanghavi
8.535 %
3,921,240 8.535 % 6 M ₹
Ajay Dilkush Sarupria
4.310 %
1,980,000 4.310 % 3 M ₹
Rajendra Jayantilal Sanghavi
2.605 %
1,197,000 2.605 % 2 M ₹
Tarak Jayantilal Sanghavi
2.448 %
1,124,900 2.448 % 2 M ₹
Umesh Jayantilal Sanghavi
2.075 %
953,400 2.075 % 1 M ₹
Nikhil Umesh Sanghavi
1.889 %
867,850 1.889 % 1 M ₹

Company contact information

Nikhil Adhesives Ltd.

902, 9th Floor, A-Wing Kaledonia HDIL Building, Sahar Road

400069, Mumbai

+91 22 2683 6564

http://www.nikhiladhesives.com
address Nikhil Adhesives Limited(NIKHILAD6)

Sector

Basic Materials
Chemicals
Chemicals
Specialty Chemicals
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Sales per Business

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