Pursuant to Regulation 30 and 33 of the Listing Regulations read with Schedule III to the Listing Regulations and the relevant circular, we would like to inform you that the Board of Directors ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nikhil Adhesives Limited's board meeting on May 27, 2026 approved the audited standalone financial results for FY2026 (year ended March 31, 2026). Total income declined to Rs. 5,558.23 lakhs from Rs. 5,927.42 lakhs in FY2025, a drop of about 6.5%. However, profit after tax improved to Rs. 1,735.96 lakhs from Rs. 1,668.72 lakhs (up 4%), with EPS rising to Rs. 3.78 from Rs. 3.62. The board declared a dividend of Rs. 0.22 per equity share (face value Rs. 1), subject to shareholder approval at the AGM. Three Whole-Time Directors (all brothers - Tarak, Rajendra, and Umesh Sanghavi) were re-appointed for 3-year terms. Internal auditors BDG & Co., LLP and cost auditors B.F. Modi & Associates were also reappointed for FY2026-27.
Revenue declined year-on-year but profitability improved due to better cost management. The modest dividend of Rs. 0.22 per share signals continued shareholder returns. Reappointment of the founding family directors indicates continuity in management. The stock could see neutral to slightly positive reaction given maintained profitability.