Outcome of Board Meeting held on 27th May 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.6 pts less than Nifty Microcap 250 and 4.8 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Nikhil Adhesives Limited reported audited standalone financial results for FY2026 with revenue from operations declining 6.5% to Rs. 5,535.54 lakh from Rs. 5,921.76 lakh in FY2025. Despite the revenue decline, profit after tax grew 4% to Rs. 1,735.96 lakh from Rs. 1,668.72 lakh. EPS improved to Rs. 3.78 from Rs. 3.62. The Board declared a dividend of Rs. 0.22 per equity share subject to shareholder approval. There was an exceptional item of Rs. 36.56 lakh (expense) in Q4. Cash flow from operating activities turned negative at Rs. 18.79 lakh compared to positive Rs. 690.35 lakh in the previous year. Statutory auditors issued an unmodified opinion. Three Whole-Time Directors were re-appointed for 3 years each.
The revenue decline and negative operating cash flow are concerns, though PAT growth and margin expansion provide some offset. Investors should monitor the working capital situation and the reason for the revenue decline.