About Us

Nikhil Adhesives Ltd. Profile

Nikhil Adhesives Ltd, a listed Company with the Bombay Stock Exchange Ltd., is a Multi Product Company manufacturing various types of polymer emulsions for different industries. It will be completing 25 years of corporate existence in September this year. It has plants located at Dahanu (Maharashtra) and Silvassa (Union Territory). The Company had acquired the Emulsion business of M/s. Mafatlal Dyes & Chemicals Ltd. in the year 2003. The Company’s Annual Gross Turnover for the fiscal year 2010-11 is Rs. 142 Crores.

The company's products are well accepted by the industry and with the ever growing demands, a third plant to augment the manufacturing capacity is under construction at Dahej-2 Industrial Estate, Bharuch(Gujrat).

Nikhil Adhesives Ltd,besides manufaturing polymer emulsions is also in the buisness of indenting and marketing of bulk raw materials.

Nikhil Adhesives Ltd. has a well equipped laboratory to develop products for various application and is committed to manufacture products at affordable prices of its customers. The company believes in constantly upgrading and introducing new products to meet the ever growing needs of the various industries.

The company philosophy to improve'the quality of life for all',stems from the strong belief and desire to make best use of the available resources,minimise pollution and provide value addition to the products so as to give the optimum benefits to the stakeholders and society at large

The state of the art laboratory equipped with modern testing equipments is constantly upgrading the information base and working always towards product perfection. Our laboratory activities are focused on the development of new grades as well as improvement of existing products. The laboratory is managed by qualified and experienced persons from the field of emulsion technology. Regular interactions of R&D and technical services persons are arranged with customers to understand their requirements in totality. This helps company to do value addition to the product range manufactured by the company.

Vision

Nikhil adhesives will create an environment by incorporating best business practices for all the associates. We shall take utmost care and make every endeavour to enhance value for our customers by providing value added products and economically efficient solutions. For our share holders, maximize their returns through growth in sales and reductions in cost by using all modern tools of management.

History

• 1986 – Nikhil adhesive Ltd. Was founded as hans marketing & Services Pvt. Ltd. (HM&S Pvt. Ltd.).
• 1992 – HM&S Pvt. Ltd. Merged with M/s Nikhil Industries under the name Nikhil Adhesives.
• 1992 – Nikhil Adhesives became Public limited company (traded on the Bombay Stock Exchange).
• 2003 – Nikhil Adhesives Ltd. Acquired M/s Mafatlal Dyes & Chemicals Ltd. formerly known as Hoechst Dyes & Chemicals Ltd. the pioneers of adhesives business in India, along with their Brands, Hoechst German Technology and Machineries.
• 2007 – Nikhil Adhesives Ltd. expanded their manufacturing activity and setup a new additional unit at Silvassa equiped with modern machineries and facilities to produce and cater to the requirement of various industries.

Board of Directors

Grievance Officer

Name: Yogendra Nakre
Email: ynakre@nikhiladhesives.com
Phone: 91-22-26835864

Infrastructure

• Manufacturing Facilities:
  • Dahanu: Capacity-12000 MT (around 70 miles form Mumbai)
  • Silvasa: Capacity-12000 MT (around 130 miles form Mumbai)
  • Dahej: Capacity-36000 MT (around 250 miles form Mumbai)
• Sales & Marketing Offices:
  • Ahmedabad, Chennai, Calcutta, Ghaziabad, Jaipur, Mumbai.
• Type of Corporation – Public (Traded on the Bombay Stock Exchange). For latest Nikhil adhesives stock quote click here.

Company’s Philosophy on Corporate Governance

Your Company firmly believes in and continues to practise good Corporate Governance. The Company’s essential character is shaped by the very values of transparency, professionalism and accountability. The Company continuously endeavours to improve on these aspects on an ongoing basis. In order to achieve the objective, the Company is driven by the following guiding principles. :

• Improving the effectiveness of the Board of Directors in supervising management; and
• Improving the quality of information and communication with stakeholders.

The Company believes that these two principles will result in a better shareholders value.