Nikhil Adhesives Reports Q2 FY26 Results with Revenue of Rs 13,105 Lakhs

Nikhil Adhesives Limited announced unaudited financial results for the quarter and half-year ended September 30, 2025, with quarterly revenue from operations of Rs 13,105.31 lakhs and profit after tax of Rs 317.34 lakhs. The company also changed its inventory valuation method from FIFO to Weighted Average Method for raw materials and Standard Cost Method for other materials, with retrospective application affecting prior period comparatives.

Nikhil Adhesives Reports Q2 2025 Results, Schedules AGM and Board Restructuring

Nikhil Adhesives Limited's Board approved unaudited financial results for Q2 2025 showing revenue from operations of Rs. 12,347.14 lakhs, down from Rs. 16,116.64 lakhs in the same quarter last year. Net profit declined to Rs. 356.74 lakhs compared to Rs. 503.86 lakhs in Q2 2024. The company scheduled its 39th Annual General Meeting for September 23, 2025, to be held virtually. The Board recommended appointing PHD & Associates as statutory auditors for FY 2025-26 to FY 2029-30 and M/S Somani & Associates as secretarial auditors for five years. Board committees were reconstituted including Audit, Nomination and Remuneration, Stakeholder Relationship, Corporate Social Responsibility, and Risk Management committees. The company changed its inventory valuation method from FIFO to weighted average for raw materials and standard cost method for other materials. Management noted a strategic decision to reduce the trading division and focus on manufacturing operations due to prevailing market conditions.

Nikhil Adhesives Reports Decline in Q1 Profit and Revenue

Nikhil Adhesives reported a net profit of 36 million rupees for Q1, down from 50 million rupees in the same period last year. The company's revenue also declined to 1.2 billion rupees compared to 1.6 billion rupees year-over-year.

Nikhil Adhesives Reports Q4 Financial Results

Nikhil Adhesives has released its Q4 financial results. The company's EBITDA increased to 95 million rupees from 89 million rupees year-over-year. The EBITDA margin improved to 6.7% from 6% in the same period. Net profit rose to 42 million rupees from 38 million rupees. However, revenue decreased to 1.4 billion rupees from 1.5 billion rupees compared to the previous year.