Nikhil Adhesives Ltd Company Summary

Nikhil Adhesives Limited (NAL) was incorporated in 1986 and since then, engaged in manufacturing various types of polymer emulsions and adhesives. The Company has been in this business since 1986 and has 5 manufacturing units located at Dahanu (Maharashtra), Silvassa (Dadra Nagar Haveli), Dahej (Gujarat), Tumkur (Karnataka) and at Unna (Himachal Pradesh). The current production capacity is 135,000 MT per annum.

The Company is also engaged in the business of trading in chemicals. It also expanded its horizon into exports to various countries in Asia, Africa and the Middle East.The Company had acquired the emulsion business of M/s. Mafatlal Dyes & Chemicals Ltd.

in the year 2003 and its products are sold under the brand name Mahacol, Emditex, Emdilith, Emdibind, Emdicryl, and others. It operates in two segments: manufacturing of adhesives and emulsions, and trading in chemicals. It manufactures products, which find application in the consumer segment and are sold through retail channel.

It has a well equipped laboratory to develop products for various application and is committed to manufacture products at affordable prices of its customers. The Companys products like wood adhesives, sealants and screen printing adhesives are sold through retail outlets. The Companys products include mahacol SH, mahacol tatkal, mahacol mafbond, mahacol rhino, emdicryl 4150, emdicryl 4350, emdicryl 2042, emdicryl 2425, emdilith DM21, emdilith DSP, emdilith THK, emditex MBX, emdilcryl 2523, emdirust 217 and emdilith LM.

The Companys subsidiary is Sanghavi Logistics Pvt. Ltd. During the year 2018-19, the Company started manufacturing and supplying Emulsions for Construction Chemicals to Dow ChemicalsInternational Pvt.

Ltd. In 2022-23, the Company opened warehouses/godowns in Gujarat, Maharashtra, Punjab, Madhya Pradesh, other places for quicker logistics and wider customer reach. It expanded the manufacturing units at Tumkur, Mehatpur & Dahej factories.In FY 2024-25, the Company commissioned and stabilized RRDP capacity at Dahej, R& D centre at Navi Mumbai has been upgraded with application testing facilities for construction chemical and wood adhesives products.

The Company has ventured into new export markets.