Nikhil Adhesives Ltd Q2FY22 PAT climbs to Rs. 7.09 crore

NIKHIL ADHESIVES LTD. has reported Standalone financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 198.7742 crores during the period ended September 30, 2021 as compared to Rs. 175.9596 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 7.0953 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 6.2241 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 15.44 for the period ended September 30, 2021 as compared to Rs. 13.55 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 198.7742 crs	₹175.9596 crs	12.97%
Net Profit	₹7.0953 crs	₹6.2241 crs	14.00%
EPS	₹15.44	₹13.55	13.95%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 198.7742 crores during the period ended September 30, 2021 as compared to Rs.107.2751 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.7.0953 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.3.0588 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.15.44 for the period ended September 30, 2021 as compared to Rs.6.66 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 198.7742 crs	₹107.2751 crs	85.29%
Net Profit	₹7.0953 crs	₹3.0588 crs	131.96%
EPS	₹15.44	₹6.66	131.83%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.374.7338 crores during the 6 Months period ended September 30, 2021 as compared to Rs.136.9987 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.13.3194 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.0.7058 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.28.99 for the 6 Months period ended September 30, 2021 as compared to Rs.1.54 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹374.7338 crs	₹136.9987 crs	173.53%
Net Profit	₹13.3194 crs	₹0.7058 crs	1,787.14%
EPS	₹28.99	₹1.54	1,782.47%

Shares of NIKHIL ADHESIVES LTD. was last trading in BSE at Rs. 699.85 as compared to the previous close of Rs. 710.00. The total number of shares traded during the day was 983 in over 84 trades.

The stock hit an intraday high of Rs. 719.00 and intraday low of 685.00. The net turnover during the day was Rs. 688441.00.

Source : Equity Bulls

Keywords

NikhilAdhesives Q2FY22 H1FY22 ResultUpdate