Nikhil Adhesives (BOM:526159) EV-to-EBIT: 12.89 (As of Sep. 14, 2026) — 25% Above Median

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BOM:526159 Nikhil Adhesives Ltd BOM:526159
69 GF Score
Price ₹82.90
GF Value ₹112.64
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Nikhil Adhesives EV-to-EBIT?

Nikhil Adhesives BOM:526159 +2.18% 69 EV-to-EBIT is 12.89 as of Sep. 14, 2026, which is 25% above its 10-year median of 10.29. GuruFocus rates BOM:526159 with a GF Score™ of 69/100 and a GF Value™ of ₹112.64 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,284 Chemicals companies, Nikhil Adhesives ranks better than 60.36% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nikhil Adhesives's Enterprise Value is ₹4,461 Mil. Nikhil Adhesives's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹346 Mil. Therefore, Nikhil Adhesives's EV-to-EBIT for today is 12.89.

The historical rank and industry rank for Nikhil Adhesives's EV-to-EBIT or its related term are showing as below:

BOM:526159' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.9   Med: 10.29   Max: 31.17
Current: 12.89

During the past 13 years, the highest EV-to-EBIT of Nikhil Adhesives was 31.17. The lowest was 1.90. And the median was 10.29.

BOM:526159's EV-to-EBIT is ranked better than
60.36% of 1284 companies
in the Chemicals industry
Industry Median: 16.42 vs BOM:526159: 12.89

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nikhil Adhesives's Enterprise Value for the quarter that ended in Jun. 2026 was ₹3,515 Mil. Nikhil Adhesives's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹346 Mil. Nikhil Adhesives's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 9.85%.


Nikhil Adhesives  (BOM:526159) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Nikhil Adhesives's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=346.019/3514.6395
=9.85 %

Nikhil Adhesives's Enterprise Value for the quarter that ended in Jun. 2026 was ₹3,515 Mil.
Nikhil Adhesives's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹346 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nikhil Adhesives EV-to-EBIT Related Terms


Nikhil Adhesives EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Nikhil Adhesives's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nikhil Adhesives EV-to-EBIT Chart

Nikhil Adhesives Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.74 17.33 25.92 15.65 12.22

Nikhil Adhesives Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.69 16.58 12.03 12.22 10.16

BOM:526159 vs LIN, SHW, ECL: EV-to-EBIT Comparison

For the Specialty Chemicals subindustry, Nikhil Adhesives's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nikhil Adhesives EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nikhil Adhesives's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nikhil Adhesives's EV-to-EBIT falls into.


BOM:526159
69GF Score
Nikhil Adhesives Ltd BOM:526159
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nikhil Adhesives EV-to-EBIT Calculation

Nikhil Adhesives's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4460.925/346.019
=12.89

Nikhil Adhesives's current Enterprise Value is ₹4,461 Mil.
Nikhil Adhesives's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹346 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 12.89 mean?
Nikhil Adhesives (BOM:526159) has a EV-to-EBIT of 12.89 as of Sep. 14, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nikhil Adhesives and its competitors. This is 25% above median its historical median of 10.29. Over the past decade, Nikhil Adhesives' EV-to-EBIT has ranged from 1.90 to 31.17. According to the industry distribution chart, Nikhil Adhesives ranks #509 out of 1284 companies in the Chemicals industry, placing it in the top 39.6%.
Is Nikhil Adhesives' EV-to-EBIT too high?
Nikhil Adhesives' current EV-to-EBIT of 12.89 is 25% above median its 10-year median of 10.29. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 31.17. The Chemicals industry median EV-to-EBIT is 16.42. Nikhil Adhesives' value of 12.89 is 21.5% below this industry median. Based on the distribution chart, Nikhil Adhesives ranks #509 out of 1284 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nikhil Adhesives has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nikhil Adhesives' EV-to-EBIT compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nikhil Adhesives ranks #509 out of 1284 companies for EV-to-EBIT. This puts Nikhil Adhesives in the upper half of its industry. The industry median EV-to-EBIT is 16.42. Nikhil Adhesives' value of 12.89 is 21.5% below this benchmark. Historically, Nikhil Adhesives' own EV-to-EBIT has ranged from 1.90 to 31.17 over the past decade. While the company's 10-year median is 10.29 vs. the industry median of 16.42, Nikhil Adhesives has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Chemicals company?
The median EV-to-EBIT among Chemicals companies is 16.42, based on 1,284 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nikhil Adhesives's current EV-to-EBIT of 12.89 is 21.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nikhil Adhesives and its competitors. For the Chemicals industry, the median EV-to-EBIT is 16.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikhil Adhesives's current EV-to-EBIT is 12.89, which is 25% above median its own 10-year median of 10.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikhil Adhesives stock overvalued right now?
Based on GuruFocus' analysis, Nikhil Adhesives (BOM:526159) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹112.64, compared to a current price of ₹82.90 — trading 26.4% below its estimated fair value. The current EV-to-EBIT is 12.89, which is 25% above median its 10-year median of 10.29 and 21.5% below the Chemicals industry median of 16.42. Nikhil Adhesives' overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Nikhil Adhesives (BOM:526159), the current EV-to-EBIT is 12.89 as of Sep. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nikhil Adhesives (BOM:526159) Overvalued in 2026?

Based on GuruFocus' analysis, Nikhil Adhesives stock appears to be undervalued. The current stock price of ₹82.90 is trading 26.4% below its estimated GF Value™ of ₹112.64. GuruFocus considers Nikhil Adhesives to be Modestly Undervalued.

Key valuation signals for BOM:526159:

  • EV-to-EBIT: 12.89 (25% above median its 10-year median of 10.29)
  • GF Value™: ₹112.64 vs. price of ₹82.90 (26.4% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 21.5% below the Chemicals median (#509 of 1284)

No single metric tells the full story. See the BOM:526159 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nikhil Adhesives Business Description

Address Sahar Road, Kaledonia HDIL Building, 902, 9th Floor, A-Wing, Opposite D-Mart, Andheri (East), Mumbai, MH, IND, 400069
Nikhil Adhesives Ltd is an India-based company engaged in the manufacturing and trading of polymer emulsions and adhesives. The products of the company include paint emulsions, textile emulsions, construction chemicals, and adhesives. The brands of the company are Mahacol, Emdicryl, Mahafix, Emdilith, Emditex, and Emdibind. The company operates in two business segments namely, Manufacturing of Adhesives and emulsions, which is the key revenue generator; and Trading in chemicals segment.
69GF Score

Get the complete analysis for BOM:526159

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹82.90
Price
₹112.64
GF Value