Nikhil Adhesives Q3FY22 net profit lower at Rs. 5.81 crores

NIKHIL ADHESIVES LTD. has reported Standalone financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 221.3542 crores during the period ended December 31, 2021 as compared to Rs. 198.7742 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 5.8161 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 7.0953 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 12.66 for the period ended December 31, 2021 as compared to Rs. 15.44 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 221.3542 crs	₹198.7742 crs	11.36%
Net Profit	₹5.8161 crs	₹7.0953 crs	-18.03%
EPS	₹12.66	₹15.44	-18.01%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 221.3542 crores during the period ended December 31, 2021 as compared to Rs.142.8935 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.5.8161 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.6.8180 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.12.66 for the period ended December 31, 2021 as compared to Rs.14.84 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 221.3542 crs	₹142.8935 crs	54.91%
Net Profit	₹5.8161 crs	₹6.8180 crs	-14.69%
EPS	₹12.66	₹14.84	-14.69%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.596.0880 crores during the 9 Months period ended December 31, 2021 as compared to Rs.279.8921 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.19.1355 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.7.5238 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.41.65 for the 9 Months period ended December 31, 2021 as compared to Rs.16.38 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹596.0880 crs	₹279.8921 crs	112.97%
Net Profit	₹19.1355 crs	₹7.5238 crs	154.33%
EPS	₹41.65	₹16.38	154.27%

Shares of NIKHIL ADHESIVES LTD. was last trading in BSE at Rs. 828.30 as compared to the previous close of Rs. 785.65. The total number of shares traded during the day was 6678 in over 309 trades.

The stock hit an intraday high of Rs. 879.95 and intraday low of 762.10. The net turnover during the day was Rs. 5299826.00.

Source : Equity Bulls

Keywords

NikhilAdhesives Q3FY22 9MFY22 ResultUpdate