BSENikhil Adhesives Ltd-$MediumNeutral
Announced Fri, 14 Nov · 20:21 IST

Corrigendum to the Outcome of Board meeting held on Thursday, November 13, 2025

Revenue DeclineResults RestatedResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nikhil Adhesives has issued a corrigendum to its November 13, 2025 board meeting outcome, correcting an inadvertent typographical error in the unaudited financial results for Q2 and H1 FY26 (ended September 30, 2025). The error was in the Current Tax and Deferred Tax comparative figures for Q2 FY26, which had been incorrectly shown as identical to the H1 FY26 figures. All other details in the original outcome remain unchanged. The attached revised financials show revenue from operations of Rs 13,105 lakhs in Q2 FY26 (down 11.3% YoY from Rs 14,769 lakhs) and Rs 25,452 lakhs for H1 FY26 (down 17.6% YoY from Rs 30,885 lakhs). PAT for Q2 FY26 stood at Rs 428 lakhs vs Rs 415 lakhs YoY, while H1 PAT was Rs 785 lakhs vs Rs 900 lakhs YoY. Prior period figures are marked as 'Restated'.

Likely market impact

The corrigendum is administrative and does not change the bottom line, though it may briefly dent investor confidence in disclosure quality. The underlying results show a meaningful revenue contraction of nearly 18% in H1 YoY, which is a negative signal for growth momentum even as margins remain intact.