Nikhil Adhesives (BOM:526159) Tax Rate %: 23.53% (As of Jun. 2026)

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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:526159 Nikhil Adhesives Ltd BOM:526159
67 GF Score
Price ₹81.58
GF Value ₹113.05
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nikhil Adhesives Tax Rate %?

Nikhil Adhesives BOM:526159 +1.52% 67 Tax Rate % is 23.53% as of Jun. 2026. GuruFocus rates BOM:526159 with a GF Score™ of 67/100 and a GF Value™ of ₹113.05 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nikhil Adhesives's Tax Expense for the three months ended in Jun. 2026 was ₹23 Mil. Nikhil Adhesives's Pre-Tax Income for the three months ended in Jun. 2026 was ₹96 Mil. Therefore, Nikhil Adhesives's Tax Rate % for the quarter that ended in Jun. 2026 was 23.53%.

Nikhil Adhesives Tax Rate % Related Terms

Nikhil Adhesives Tax Rate % Historical Data

* Premium members only.

The historical data trend for Nikhil Adhesives's Tax Rate % 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 Tax Rate % Chart

Nikhil Adhesives Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.68 27.63 26.09 24.79 26.36

Nikhil Adhesives Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % 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 17.13 45.97 25.67 24.29 23.53
BOM:526159
67GF Score
Nikhil Adhesives Ltd BOM:526159
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nikhil Adhesives Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Nikhil Adhesives's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=62.134/235.731
=26.36 %

Nikhil Adhesives's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=22.543/95.788
=23.53 %

* 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 Tax Rate % →
What does a Tax Rate % of 23.53% mean?
Nikhil Adhesives (BOM:526159) has a Tax Rate % of 23.53% as of Jun. 2026.
Is Nikhil Adhesives' Tax Rate % too high?
Nikhil Adhesives' current Tax Rate % is 23.53%. Overall, Nikhil Adhesives has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nikhil Adhesives' Tax Rate % compare to LIN and SHW?
Nikhil Adhesives' Tax Rate % of 23.53% can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Chemicals company?
A good Tax Rate % depends on the Chemicals industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Nikhil Adhesives's current Tax Rate % is 23.53%. 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 ₹113.05, compared to a current price of ₹81.58 — trading 27.8% below its estimated fair value. The current Tax Rate % is 23.53%. Nikhil Adhesives' overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Nikhil Adhesives (BOM:526159), the current Tax Rate % is 23.53% as of Jun. 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 ₹81.58 is trading 27.8% below its estimated GF Value™ of ₹113.05. GuruFocus considers Nikhil Adhesives to be Modestly Undervalued.

Key valuation signals for BOM:526159:

  • Tax Rate %: 23.53%
  • GF Value™: ₹113.05 vs. price of ₹81.58 (27.8% below fair value)
  • GF Score™: 67/100 with 3 warning signs

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.
67GF Score

Get the complete analysis for BOM:526159

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹81.58
Price
₹113.05
GF Value