Nikhil Adhesives Limited · BSE:NIKHILAD
Nikhil Adhesives — Q4 FY25 Earnings Presentation
27 slides from Nikhil Adhesives's earnings presentation, May 29, 2025
Slide 1: BSE filing cover letter for investor presentation
Date: 29th May, 2025 To, The Manager- Listing Department Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai- 400 001 BSE Script: 526159 Sub: Investor/Analyst Presentation -Compliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Re
Slide 2: Investor Presentation Q4 FY24-25
Nikhil Adhesives Ltd. INVESTOR PRESENTATION Q4’ FY24-25 | May 28, 2025
Slide 3: Company Overview
Company Overview About Nikhil Adhesives Nikhil Adhesives is a distinguished, home-grown leader in the highly competitive adhesives and specialty chemicals industry, catering to a wide spectrum of clients across both B2B and B2C markets. With an expanding footprint internationally, we have become a t
Slide 4: Management Commentary - Q4 FY25
Management Commentary- Q4 FY25 In Q4, the successful completion of key automation initiatives has streamlined operations, reduced manual dependencies, and improved overall productivity. We are already seeing measurable benefits in terms of throughput and cost savings. During the quarter, we expanded
Slide 5: Our Achievements for the year
Our Achievements for the year Foray Into New Markets We have launched a massive product line of 36 construction chemicals this Started new division MAHAFIX year and are entering into many markets with a large team of distributors. We in B2C segment for also became partners with many big names in t
Slide 6: The Way Forward
The Way Forward Experienced Leadership Proven Product Quality With the foundation set in place During the year, the company has Our RDP product has been successfully for our strategy, we are taking appointed 3 industry veterans with approved by Asian Paints and other even more ambitious targets for
Slide 7: Financial Highlights: Income Statement
Financial Highlights: Income Statement Particulars (Rs. In Cr.) Q4 FY25 Q4 FY24 YOY Q3 FY25 QOQ FY25 FY24 YOY Gross Operating Revenue 141.52 148.02 -4% 134.21 5% 584.59 564.20 4% EBITDA 9.49 8.89 7% 8.59 11% 37.05 30.78 20% EBITDA Margin (%) 6.70% 6.01% 12% 6.40% 5% 6.34% 5.46% 16% Depreciation 1.77
Slide 8: Results Analysis
Results Analysis REVENUE (RS. IN CRORES) OPERATING PROFIT (RS. IN CRORES) NET PROFIT (RS. IN CRORES) -4% 5% 5% 12% 12% 21% 148.0 4.2 4.2 3.8 9.5 9.5 3.5 141.5 141.5 8.9 134.2 8.6 Q4'24 VS Q4'25 Q3'25 VS Q4'25 Q4'24 VS Q4'25 Q3'25 VS Q4'25 Q4'24 VS Q4'25 Q3'25 VS Q4'25 R&D SPEND (RS. IN LAKHS) EARNIN
Slide 9: Performance Analysis
Performance Analysis EBITDA MARGIN RETURN ON EQUITY 6.34% 13.0% 5.46% 11.6% FY 24 VS FY 25 FY 24 VS FY 25 ASSET TURNOVER RATIO INVENTORY TURNOVER RATIO 5.77 1.91 5.62 1.81 FY 24 VS FY 25 FY 24 VS FY 25
Slide 10: Financial Highlights: Capacity Utilization
Financial Highlights: Capacity Utilization Capacity Utilization FY24 (IN MTPA) Capacity Utilization FY25 (IN MTPA) 97% 50,000 100% 50,000 100% 87% 67% 84% 84% 63% 40,000 73% 70% 40,000 75% 67% 75% 60% 30,000 30,000 50% 50% 36% 20,000 20,000 32% 25% 25% 10,000 10,000 9% 4% 0 0% 0 0% Dahanu Silvassa D
Slide 11: Nikhil Adhesives at a Glance
Nikhil Adhesives at 2024 Thrift in Operations 2023 a Glance India’s first RDP Plant India’s first RDP plant with capacity 29 New Products Synergy with new leadership Automatization of Plants of 12000 MTPA in 2023 Focused R&D approach New R & D Center R & D Center at Turbhe, Navi Mehatpur & Mumbai 20
Slide 12: PAN India Presence
PAN India Presence Corporate Office, Andheri (Mumbai) Technology center, Turbhe (Navi Mumbai) 22 Depots (Warehouses) Manufacturing Plant (135K MTPA Capacity) Dahanu (6K MTPA) Silvassa (10K MTPA) 14 STATES Dahej Emulsions (60K MTPA) 2000+ DISTRIBUTORS Bangalore 570-A Adhesives & Chemicals (24K MTPA)
Slide 13: Diverse Product Portfolio
Diverse Product Portfolio PRODUCT VERTICALS Specialized Contract B2B B2C trading Manufacturing Industrial Construction Consumer Construction Specialty Indenting Emulsions RDP Adhesives Chemicals Adhesives Chemicals chemicals services Textile Emulsions & Paint Emulsions Binders
Slide 14: B2B Product Portfolio
B2B Product Portfolio Emulsions Industrial Adhesives Construction Chemicals RDP (100% import substitute) 71+ PRODUCTS 42+ PRODUCTS 6+ PRODUCTS 4+ PRODUCTS Water-based formulations used in Our range of adhesives mainly for An essential component of modern RDP is a polymer emulsion created modern pain
Slide 15: B2C Product Portfolio
B2C Product Portfolio B2C portfolio contributed 20% to our Mahacol Wood Adhesives total revenue in FY25 as compared to 13+ PRODUCTS 18% in FY24 Mahacol provides wide range of adhesives used The B2C vertical delivered a 20% for all types of woodworking. It is one of the oldest adhesives in India
Slide 16: MAHAFIX Expanding Construction Chemicals
MAHAFIX PRODUCTS IN PIPELINE We have launched 43 new products in FY24-25, with 10 more exciting launches planned for the next Expanding financial year. Construction ENHANCED FOCUS ON OPERATIONS Chemicals We allocated 5.35cr of capital expenditure, which was spent in FY24-25 to revolutionize our plan
Slide 17: MAHACOL RDP (Re-Dispersible Polymer)
MAHACOL RDP (Re-Dispersible Polymer) Largest Producer Diverse Applications Largest RDP producer in India with 12,000 MTPA Widely used in construction projects for the capacity. 100% import substitute with limited following dry-mix mortars like Bonding mortar, market competition. Plastering mortar, M
Slide 18: Specialized Chemical Trading
Specialized LEVERAGING EXPERIENCE Chemical With rich experience in chemical industry, a blend of cutting-edge technology, state of art R&D and application center, extensive expertise, and robust infrastructure, we specialize in delivering tailor- Trading made solutions for a wide range of industry c
Slide 19: Enhancing our Profitability in a Kaizen way
Enhancing our Profitability in a Kaizen way Operational Profit Growth Plant Modernization The Company achieved 90 basis points The Company achieved advanced increase in our EBITDA margins in FY25 automation in the Dahej and Tumkur & aims to enhance them by 50-100 plants, to enhance operational excel
Slide 20: Powering Our Operations – The SAP Advantage
Powering Our Operations – The SAP Advantage IMPROVED OPERATIONAL EFFICIENCY Streamlining processes, reducing manual work, and increasing productivity across departments ENHANCED DATA VISIBILITY & REPORTING Providing real-time insights for better decision-making and forecasting SCALABILITY FOR FUTURE
Slide 21: Research & Development
Research & Development PACKAGING ADHESIVES The company is moving towards high value adding sustainable TEXITLE EMULSIONS products through constant investment in R&D. & BINDERS OUR TEAM CONSTRUCTION We have a set of highly experienced team members across our CHEMICALS 5 dedicated R&D Centers CORE VAL
Slide 22: Key Managerial Personnel
Key Managerial Personnel Mr. Umesh Jayantilal Sanghavi Mr. Rajendra Jayantilal Sanghavi Mr. Tarak Jayantilal Sanghavi Mr. V. Subramanian Dr. Satish Gaonkar Executive Chairman and Executive Whole Time Director Executive Whole Time Director Non-Executive Independent Director Chief Operating Officer Ma
Slide 23: Boosting Our Strength – New Board Member
Boosting Our Strength – New Board Member We're excited to welcome Mr. Sethunathan Charlayath Laxmanan as an additional Board of Director. With over three decades of experience, he is a proven sales and marketing professional renowned for devising strategic business plans and achieving breakthrough p
Slide 24: Boosting Our Strength – Head Of R&D
Boosting Our Strength – Head Of R&D We’re excited to welcome Mr. Nandkumar Sankhe as our Chief of Research and Development. With over 27 years of experience in the Adhesives and Coatings industry, he is a seasoned polymer engineer renowned for driving product innovation and strategic advancement. He
Slide 25: Corporate Social Responsibility
Corporate Social Responsibility 1 Sanghvi Jagmohandas Bhagwandas Trust A ₹46.66 lakh contribution will equip the Sanghvi Gopaldas Bhagwandas Diagnostic Center with advanced machinery, upgrading its facilities and broadening access to quality medical services. 2 Project Bachpan Focuses on early child
Slide 26: Our Trusted Partners
Our Trusted Partners Our unparalleled excellence has attracted a host of esteemed partners, each a market leader in their segment, reflecting our reputation as the go-to choice for collaboration and innovation in our industry.
Slide 27: Thank You
Thank You For any queries, please contact [email protected] 02226-836558 DISCLAIMER Some statements in this document may be forward-looking. Such statements are subject to certain risks and uncertainties like regulatory changes, local, political or economic developments, and many other f