Nikhil Adhesives Limited (BOM:526159)

Nikhil Adhesives Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	21.3	43.19	110.29	35.93	48.88	17.65
Short-Term Investments	-	11.79	7.38	2.9	11.5	10.84
Cash & Short-Term Investments	21.3	54.98	117.67	38.82	60.38	28.48
Cash Growth	-18.08%	-53.27%	203.10%	-35.70%	111.97%	100.09%
Accounts Receivable	1,128	1,133	1,007	1,102	1,447	1,512
Other Receivables	148.81	124.51	75.07	74.99	151.62	47.61
Receivables	1,277	1,257	1,082	1,177	1,599	1,559
Inventory	638.72	880.97	759.61	842.04	757.14	718.14
Prepaid Expenses	-	11.41	6.19	6.01	5.48	4.39
Other Current Assets	27.3	49.84	33.61	53.27	71.44	39.81
Total Current Assets	1,964	2,254	1,999	2,117	2,493	2,350
Property, Plant & Equipment	933.76	955.48	937.46	799.73	655.64	543.96
Long-Term Investments	0.1	0.09	0.11	0.06	0.04	0.72
Other Intangible Assets	5.37	6.45	-	-	-	-
Other Long-Term Assets	12.58	13.4	17.91	35.46	11.34	11.78
Total Assets	2,916	3,230	2,955	2,953	3,160	2,907
Accounts Payable	656.44	876.16	927.42	1,210	1,604	1,602
Accrued Expenses	2.82	54.73	48.83	88.03	110.21	180.18
Short-Term Debt	-	229.33	172.36	47.7	31.83	16.73
Current Portion of Long-Term Debt	291.29	86.76	82.06	109.95	62.35	56.93
Current Portion of Leases	11.37	10.61	7.46	5.67	2.05	5.14
Current Income Taxes Payable	137.1	125.2	73.7	73.7	150.78	69.08
Other Current Liabilities	195.69	181.26	142.37	144.18	102.63	112.23
Total Current Liabilities	1,295	1,564	1,454	1,679	2,064	2,042
Long-Term Debt	138.69	248.35	252.85	159.1	178.88	197.92
Long-Term Leases	11.66	17.46	24.77	25.08	3.14	5.19
Pension & Post-Retirement Benefits	20.04	19.2	14.62	13.54	6.85	7.73
Long-Term Deferred Tax Liabilities	69.34	56.64	53.05	44.58	37.59	33.56
Other Long-Term Liabilities	21.58	26.32	15.5	14.43	14.78	11.38
Total Liabilities	1,556	1,932	1,815	1,936	2,306	2,298
Common Stock	46.05	45.94	45.94	45.94	45.94	45.94
Additional Paid-In Capital	-	150	150	150	150	150
Retained Earnings	-	1,105	945.76	822.44	661.23	415.48
Comprehensive Income & Other	1,314	-3.33	-1.83	-1.71	-2.65	-2.59
Shareholders' Equity	1,360	1,298	1,140	1,017	854.53	608.84
Total Liabilities & Equity	2,916	3,230	2,955	2,953	3,160	2,907
Total Debt	453	592.51	539.49	347.5	278.24	281.9
Net Cash (Debt)	-431.7	-537.53	-421.82	-308.68	-217.87	-253.42
Net Cash Per Share	-9.40	-11.70	-9.18	-6.72	-4.74	-5.52
Filing Date Shares Outstanding	45.99	45.94	45.94	45.94	45.94	45.94
Total Common Shares Outstanding	45.99	45.94	45.94	45.94	45.94	45.94
Working Capital	669.38	690.31	545.19	438.15	428.74	307.79
Book Value Per Share	29.57	28.25	24.81	22.13	18.60	13.25
Tangible Book Value	1,355	1,291	1,140	1,017	854.53	608.84
Tangible Book Value Per Share	29.45	28.11	24.81	22.13	18.60	13.25
Land	-	43.2	43.2	43.2	43.2	37.06
Buildings	-	255.05	249.26	189.73	180.88	156.6
Machinery	-	1,061	982.67	815.15	683.65	571.94
Construction In Progress	-	-	0.14	36.15	11.98	1.42
Leasehold Improvements	-	3.89	3.89	3.63	3.63	3.63

Source: S&P Global Market Intelligence. Standard template. Financial Sources.