Share Price and Basic Stock Data
Last Updated: October 17, 2025, 9:39 am
| PEG Ratio | 1.13 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
HP Adhesives Ltd operates within the specialty chemicals sector and has shown a consistent upward trend in revenue over the past few years. The company reported sales of ₹233 Cr for FY 2023, which increased slightly to ₹236 Cr in FY 2024 and further rose to ₹251 Cr for FY 2025. The trailing twelve months (TTM) revenue stood at ₹257 Cr, indicating a robust growth trajectory. Quarterly sales figures reveal fluctuations, with the latest reported quarter (Jun 2025) recording sales of ₹66.13 Cr, slightly down from ₹66.19 Cr in Mar 2025. Despite this minor dip, the overall sales pattern suggests resilience and a growing market presence. The company’s ability to maintain revenue levels, even with minor quarterly fluctuations, reflects a strong operational foundation. The growth in sales can be attributed to the company’s strategic positioning in the specialty chemicals market, catering to diverse industrial applications.
Profitability and Efficiency Metrics
HP Adhesives Ltd has demonstrated commendable profitability metrics, highlighted by an operating profit margin (OPM) of 10.00% and a net profit margin of 7.21% for FY 2025. The company reported a net profit of ₹18 Cr, which is a decline from ₹21 Cr in FY 2024, suggesting some pressure on overall profitability. The return on equity (ROE) stood at 9.82%, while return on capital employed (ROCE) was at 13.6%, indicating effective utilization of shareholder funds and capital. The interest coverage ratio (ICR) was strong at 14.22x, showcasing the company’s ability to comfortably meet its interest obligations. However, the cash conversion cycle (CCC) has increased to 137 days, signaling potential inefficiencies in working capital management. While the profitability levels are relatively solid, the increasing CCC could be a concern that warrants attention to ensure sustained operational efficiency.
Balance Sheet Strength and Financial Ratios
The balance sheet of HP Adhesives Ltd reflects a healthy financial structure, with total borrowings recorded at only ₹8 Cr against reserves of ₹166 Cr. This results in a low debt-to-equity ratio of 0.03, indicating minimal financial leverage and a strong capital base. The company’s current ratio stood at 3.57, suggesting robust liquidity, which is well above the typical benchmark of 1.5 for healthy businesses. The interest coverage ratio of 14.22x further reinforces the company’s strong financial position, allowing it to cover interest expenses comfortably. However, the return on assets (ROA) was reported at 7.99%, which, while respectable, indicates room for improvement in asset utilization. The book value per share rose to ₹20.06 for FY 2025, reflecting solid retained earnings and a growing equity base, contributing positively to shareholder value.
Shareholding Pattern and Investor Confidence
The shareholding pattern of HP Adhesives Ltd shows a dominant promoter stake of 71.35%, which has remained stable over multiple reporting periods. This level of promoter ownership generally indicates strong management confidence and commitment to the company’s future. Foreign Institutional Investors (FIIs) hold a mere 0.04%, while Domestic Institutional Investors (DIIs) account for 1.34%, suggesting limited institutional interest in the stock, which may affect liquidity. The public shareholding stands at 27.27%, with a total of 57,430 shareholders. The increase in shareholder count from 49,909 in Mar 2024 to 57,430 in Jun 2025 indicates growing retail interest, which could enhance the company’s marketability. However, the low institutional participation might raise concerns regarding the stock’s stability and long-term investor confidence.
Outlook, Risks, and Final Insight
If margins sustain their current levels, HP Adhesives Ltd could continue to leverage its strong balance sheet and profitability metrics to pursue growth opportunities in the specialty chemicals sector. However, potential risks include the increasing cash conversion cycle, which could impact liquidity and operational efficiency if not managed effectively. Furthermore, the low participation from institutional investors may pose challenges in terms of stock volatility and market perception. Should the company address its working capital management and attract more institutional interest, it could enhance its growth trajectory and market valuation. Overall, while the fundamentals remain strong, the company must navigate these risks to realize its full potential in the competitive landscape.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of HP Adhesives Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| HP Adhesives Ltd | 417 Cr. | 45.4 | 90.7/42.6 | 25.4 | 20.0 | 0.88 % | 13.6 % | 9.82 % | 2.00 |
| Haryana Leather Chemicals Ltd | 36.2 Cr. | 73.8 | 107/56.0 | 16.2 | 87.4 | 1.35 % | 8.02 % | 5.45 % | 10.0 |
| Hardcastle & Waud Mfg Co Ltd | 51.5 Cr. | 757 | 1,178/600 | 56.0 | 670 | 0.00 % | 6.31 % | 2.91 % | 10.0 |
| Grauer & Weil (India) Ltd | 3,895 Cr. | 85.9 | 120/78.0 | 26.0 | 20.7 | 0.58 % | 23.3 % | 17.6 % | 1.00 |
| DMCC Speciality Chemicals Ltd | 765 Cr. | 307 | 453/241 | 27.4 | 91.1 | 0.82 % | 14.1 % | 9.97 % | 10.0 |
| Industry Average | 13,141.16 Cr | 753.20 | 47.48 | 177.90 | 0.41% | 12.99% | 25.41% | 6.44 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 61.64 | 58.32 | 55.17 | 57.86 | 59.32 | 62.60 | 54.75 | 59.31 | 60.52 | 58.87 | 65.72 | 66.19 | 66.13 |
| Expenses | 59.58 | 54.09 | 49.48 | 50.84 | 53.18 | 55.26 | 46.97 | 50.50 | 52.95 | 52.39 | 59.77 | 60.59 | 59.52 |
| Operating Profit | 2.06 | 4.23 | 5.69 | 7.02 | 6.14 | 7.34 | 7.78 | 8.81 | 7.57 | 6.48 | 5.95 | 5.60 | 6.61 |
| OPM % | 3.34% | 7.25% | 10.31% | 12.13% | 10.35% | 11.73% | 14.21% | 14.85% | 12.51% | 11.01% | 9.05% | 8.46% | 10.00% |
| Other Income | 1.14 | 0.17 | -0.30 | 0.56 | 0.98 | 1.04 | 0.62 | 0.88 | 1.48 | 0.17 | 1.29 | 1.50 | 1.05 |
| Interest | 0.56 | 0.71 | 0.60 | 0.43 | 0.23 | 0.21 | 0.18 | 0.56 | 0.47 | 0.51 | 0.58 | 0.59 | 0.64 |
| Depreciation | 0.77 | 0.78 | 0.81 | 0.88 | 1.03 | 1.08 | 1.11 | 1.08 | 1.13 | 1.15 | 1.17 | 1.25 | 1.41 |
| Profit before tax | 1.87 | 2.91 | 3.98 | 6.27 | 5.86 | 7.09 | 7.11 | 8.05 | 7.45 | 4.99 | 5.49 | 5.26 | 5.61 |
| Tax % | 26.74% | 13.75% | 22.11% | 38.28% | 22.87% | 26.09% | 26.72% | 30.43% | 24.30% | 17.23% | 27.87% | 21.86% | 24.78% |
| Net Profit | 1.37 | 2.51 | 3.10 | 3.87 | 4.51 | 5.24 | 5.21 | 5.61 | 5.63 | 4.12 | 3.96 | 4.12 | 4.22 |
| EPS in Rs | 0.15 | 0.27 | 0.34 | 0.42 | 0.49 | 0.57 | 0.57 | 0.61 | 0.61 | 0.45 | 0.43 | 0.45 | 0.46 |
Last Updated: August 19, 2025, 1:40 pm
Below is a detailed analysis of the quarterly data for HP Adhesives Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 66.13 Cr.. The value appears to be declining and may need further review. It has decreased from 66.19 Cr. (Mar 2025) to 66.13 Cr., marking a decrease of 0.06 Cr..
- For Expenses, as of Jun 2025, the value is 59.52 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 60.59 Cr. (Mar 2025) to 59.52 Cr., marking a decrease of 1.07 Cr..
- For Operating Profit, as of Jun 2025, the value is 6.61 Cr.. The value appears strong and on an upward trend. It has increased from 5.60 Cr. (Mar 2025) to 6.61 Cr., marking an increase of 1.01 Cr..
- For OPM %, as of Jun 2025, the value is 10.00%. The value appears strong and on an upward trend. It has increased from 8.46% (Mar 2025) to 10.00%, marking an increase of 1.54%.
- For Other Income, as of Jun 2025, the value is 1.05 Cr.. The value appears to be declining and may need further review. It has decreased from 1.50 Cr. (Mar 2025) to 1.05 Cr., marking a decrease of 0.45 Cr..
- For Interest, as of Jun 2025, the value is 0.64 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.59 Cr. (Mar 2025) to 0.64 Cr., marking an increase of 0.05 Cr..
- For Depreciation, as of Jun 2025, the value is 1.41 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.25 Cr. (Mar 2025) to 1.41 Cr., marking an increase of 0.16 Cr..
- For Profit before tax, as of Jun 2025, the value is 5.61 Cr.. The value appears strong and on an upward trend. It has increased from 5.26 Cr. (Mar 2025) to 5.61 Cr., marking an increase of 0.35 Cr..
- For Tax %, as of Jun 2025, the value is 24.78%. The value appears to be increasing, which may not be favorable. It has increased from 21.86% (Mar 2025) to 24.78%, marking an increase of 2.92%.
- For Net Profit, as of Jun 2025, the value is 4.22 Cr.. The value appears strong and on an upward trend. It has increased from 4.12 Cr. (Mar 2025) to 4.22 Cr., marking an increase of 0.10 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.46. The value appears strong and on an upward trend. It has increased from 0.45 (Mar 2025) to 0.46, marking an increase of 0.01.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 3:07 am
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|
| Sales | 85 | 118 | 165 | 233 | 236 | 251 | 257 |
| Expenses | 80 | 106 | 153 | 214 | 205 | 226 | 232 |
| Operating Profit | 4 | 12 | 11 | 19 | 31 | 26 | 25 |
| OPM % | 5% | 10% | 7% | 8% | 13% | 10% | 10% |
| Other Income | -5 | 6 | 3 | 2 | 4 | 4 | 4 |
| Interest | 3 | 3 | 3 | 2 | 2 | 2 | 2 |
| Depreciation | 2 | 2 | 3 | 3 | 4 | 5 | 5 |
| Profit before tax | -5 | 13 | 8 | 15 | 28 | 23 | 21 |
| Tax % | -13% | 24% | 26% | 28% | 27% | 23% | |
| Net Profit | -5 | 10 | 6 | 11 | 21 | 18 | 16 |
| EPS in Rs | -0.73 | 1.55 | 0.65 | 1.18 | 2.24 | 1.94 | 1.79 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 13% | 21% |
YoY Net Profit Growth
| Year | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 300.00% | -40.00% | 83.33% | 90.91% | -14.29% |
| Change in YoY Net Profit Growth (%) | 0.00% | -340.00% | 123.33% | 7.58% | -105.19% |
HP Adhesives Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2020-2021 to 2024-2025.
No data available for the compounded sales growth chart.
Balance Sheet
Last Updated: August 11, 2025, 4:12 pm
| Month | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 18 | 18 | 18 | 18 |
| Reserves | -11 | -0 | 119 | 130 | 151 | 166 |
| Borrowings | 36 | 43 | 19 | 9 | 3 | 8 |
| Other Liabilities | 19 | 35 | 40 | 28 | 26 | 36 |
| Total Liabilities | 57 | 90 | 195 | 185 | 198 | 228 |
| Fixed Assets | 11 | 19 | 26 | 39 | 52 | 73 |
| CWIP | 1 | 7 | 18 | 17 | 16 | 4 |
| Investments | 0 | 0 | 0 | 0 | 18 | 25 |
| Other Assets | 45 | 64 | 152 | 129 | 111 | 126 |
| Total Assets | 57 | 90 | 195 | 185 | 198 | 228 |
Below is a detailed analysis of the balance sheet data for HP Adhesives Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 18.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 18.00 Cr..
- For Reserves, as of Mar 2025, the value is 166.00 Cr.. The value appears strong and on an upward trend. It has increased from 151.00 Cr. (Mar 2024) to 166.00 Cr., marking an increase of 15.00 Cr..
- For Borrowings, as of Mar 2025, the value is 8.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 3.00 Cr. (Mar 2024) to 8.00 Cr., marking an increase of 5.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 36.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 26.00 Cr. (Mar 2024) to 36.00 Cr., marking an increase of 10.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 228.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 198.00 Cr. (Mar 2024) to 228.00 Cr., marking an increase of 30.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 73.00 Cr.. The value appears strong and on an upward trend. It has increased from 52.00 Cr. (Mar 2024) to 73.00 Cr., marking an increase of 21.00 Cr..
- For CWIP, as of Mar 2025, the value is 4.00 Cr.. The value appears to be declining and may need further review. It has decreased from 16.00 Cr. (Mar 2024) to 4.00 Cr., marking a decrease of 12.00 Cr..
- For Investments, as of Mar 2025, the value is 25.00 Cr.. The value appears strong and on an upward trend. It has increased from 18.00 Cr. (Mar 2024) to 25.00 Cr., marking an increase of 7.00 Cr..
- For Other Assets, as of Mar 2025, the value is 126.00 Cr.. The value appears strong and on an upward trend. It has increased from 111.00 Cr. (Mar 2024) to 126.00 Cr., marking an increase of 15.00 Cr..
- For Total Assets, as of Mar 2025, the value is 228.00 Cr.. The value appears strong and on an upward trend. It has increased from 198.00 Cr. (Mar 2024) to 228.00 Cr., marking an increase of 30.00 Cr..
Notably, the Reserves (166.00 Cr.) exceed the Borrowings (8.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -32.00 | -31.00 | -8.00 | 10.00 | 28.00 | 18.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Debtor Days | 86 | 71 | 71 | 58 | 56 | 61 |
| Inventory Days | 125 | 146 | 124 | 97 | 118 | 130 |
| Days Payable | 103 | 116 | 95 | 44 | 40 | 53 |
| Cash Conversion Cycle | 107 | 100 | 100 | 112 | 134 | 137 |
| Working Capital Days | -48 | -19 | 84 | 102 | 106 | 111 |
| ROCE % | 34% | 11% | 12% | 18% | 14% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Quant Small Cap Fund | 2,594,000 | 0.05 | 13.63 | 2,965,723 | 2025-05-13 02:55:34 | -12.53% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 |
|---|---|---|
| FaceValue | 2.00 | 2.00 |
| Basic EPS (Rs.) | 1.99 | 2.24 |
| Diluted EPS (Rs.) | 1.99 | 2.24 |
| Cash EPS (Rs.) | 2.50 | 2.71 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 20.06 | 18.38 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 20.06 | 18.38 |
| Revenue From Operations / Share (Rs.) | 27.52 | 25.69 |
| PBDIT / Share (Rs.) | 3.33 | 3.71 |
| PBIT / Share (Rs.) | 2.82 | 3.24 |
| PBT / Share (Rs.) | 2.58 | 3.06 |
| Net Profit / Share (Rs.) | 1.99 | 2.24 |
| NP After MI And SOA / Share (Rs.) | 1.99 | 2.24 |
| PBDIT Margin (%) | 12.10 | 14.43 |
| PBIT Margin (%) | 10.23 | 12.61 |
| PBT Margin (%) | 9.38 | 11.91 |
| Net Profit Margin (%) | 7.21 | 8.71 |
| NP After MI And SOA Margin (%) | 7.21 | 8.71 |
| Return on Networth / Equity (%) | 9.89 | 12.17 |
| Return on Capital Employeed (%) | 13.85 | 17.38 |
| Return On Assets (%) | 7.99 | 10.39 |
| Total Debt / Equity (X) | 0.03 | 0.00 |
| Current Ratio (X) | 3.57 | 4.61 |
| Quick Ratio (X) | 2.20 | 2.81 |
| Interest Coverage Ratio (X) | 14.22 | 18.12 |
| Interest Coverage Ratio (Post Tax) (X) | 9.48 | 11.82 |
| Enterprise Value (Cr.) | 443.24 | 869.29 |
| EV / Net Operating Revenue (X) | 1.75 | 3.68 |
| EV / EBITDA (X) | 14.49 | 25.52 |
| MarketCap / Net Operating Revenue (X) | 1.75 | 3.72 |
| Price / BV (X) | 2.40 | 5.20 |
| Price / Net Operating Revenue (X) | 1.75 | 3.72 |
| EarningsYield | 0.04 | 0.02 |
After reviewing the key financial ratios for HP Adhesives Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 1.99. This value is below the healthy minimum of 5. It has decreased from 2.24 (Mar 24) to 1.99, marking a decrease of 0.25.
- For Diluted EPS (Rs.), as of Mar 25, the value is 1.99. This value is below the healthy minimum of 5. It has decreased from 2.24 (Mar 24) to 1.99, marking a decrease of 0.25.
- For Cash EPS (Rs.), as of Mar 25, the value is 2.50. This value is below the healthy minimum of 3. It has decreased from 2.71 (Mar 24) to 2.50, marking a decrease of 0.21.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 20.06. It has increased from 18.38 (Mar 24) to 20.06, marking an increase of 1.68.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 20.06. It has increased from 18.38 (Mar 24) to 20.06, marking an increase of 1.68.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 27.52. It has increased from 25.69 (Mar 24) to 27.52, marking an increase of 1.83.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 3.33. This value is within the healthy range. It has decreased from 3.71 (Mar 24) to 3.33, marking a decrease of 0.38.
- For PBIT / Share (Rs.), as of Mar 25, the value is 2.82. This value is within the healthy range. It has decreased from 3.24 (Mar 24) to 2.82, marking a decrease of 0.42.
- For PBT / Share (Rs.), as of Mar 25, the value is 2.58. This value is within the healthy range. It has decreased from 3.06 (Mar 24) to 2.58, marking a decrease of 0.48.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 1.99. This value is below the healthy minimum of 2. It has decreased from 2.24 (Mar 24) to 1.99, marking a decrease of 0.25.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 1.99. This value is below the healthy minimum of 2. It has decreased from 2.24 (Mar 24) to 1.99, marking a decrease of 0.25.
- For PBDIT Margin (%), as of Mar 25, the value is 12.10. This value is within the healthy range. It has decreased from 14.43 (Mar 24) to 12.10, marking a decrease of 2.33.
- For PBIT Margin (%), as of Mar 25, the value is 10.23. This value is within the healthy range. It has decreased from 12.61 (Mar 24) to 10.23, marking a decrease of 2.38.
- For PBT Margin (%), as of Mar 25, the value is 9.38. This value is below the healthy minimum of 10. It has decreased from 11.91 (Mar 24) to 9.38, marking a decrease of 2.53.
- For Net Profit Margin (%), as of Mar 25, the value is 7.21. This value is within the healthy range. It has decreased from 8.71 (Mar 24) to 7.21, marking a decrease of 1.50.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 7.21. This value is below the healthy minimum of 8. It has decreased from 8.71 (Mar 24) to 7.21, marking a decrease of 1.50.
- For Return on Networth / Equity (%), as of Mar 25, the value is 9.89. This value is below the healthy minimum of 15. It has decreased from 12.17 (Mar 24) to 9.89, marking a decrease of 2.28.
- For Return on Capital Employeed (%), as of Mar 25, the value is 13.85. This value is within the healthy range. It has decreased from 17.38 (Mar 24) to 13.85, marking a decrease of 3.53.
- For Return On Assets (%), as of Mar 25, the value is 7.99. This value is within the healthy range. It has decreased from 10.39 (Mar 24) to 7.99, marking a decrease of 2.40.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.03. This value is within the healthy range. It has increased from 0.00 (Mar 24) to 0.03, marking an increase of 0.03.
- For Current Ratio (X), as of Mar 25, the value is 3.57. This value exceeds the healthy maximum of 3. It has decreased from 4.61 (Mar 24) to 3.57, marking a decrease of 1.04.
- For Quick Ratio (X), as of Mar 25, the value is 2.20. This value exceeds the healthy maximum of 2. It has decreased from 2.81 (Mar 24) to 2.20, marking a decrease of 0.61.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 14.22. This value is within the healthy range. It has decreased from 18.12 (Mar 24) to 14.22, marking a decrease of 3.90.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 9.48. This value is within the healthy range. It has decreased from 11.82 (Mar 24) to 9.48, marking a decrease of 2.34.
- For Enterprise Value (Cr.), as of Mar 25, the value is 443.24. It has decreased from 869.29 (Mar 24) to 443.24, marking a decrease of 426.05.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.75. This value is within the healthy range. It has decreased from 3.68 (Mar 24) to 1.75, marking a decrease of 1.93.
- For EV / EBITDA (X), as of Mar 25, the value is 14.49. This value is within the healthy range. It has decreased from 25.52 (Mar 24) to 14.49, marking a decrease of 11.03.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.75. This value is within the healthy range. It has decreased from 3.72 (Mar 24) to 1.75, marking a decrease of 1.97.
- For Price / BV (X), as of Mar 25, the value is 2.40. This value is within the healthy range. It has decreased from 5.20 (Mar 24) to 2.40, marking a decrease of 2.80.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.75. This value is within the healthy range. It has decreased from 3.72 (Mar 24) to 1.75, marking a decrease of 1.97.
- For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has increased from 0.02 (Mar 24) to 0.04, marking an increase of 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in HP Adhesives Ltd:
- Net Profit Margin: 7.21%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 13.85% (Industry Average ROCE: 12.99%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 9.89% (Industry Average ROE: 24.61%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 9.48
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 2.2
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 25.4 (Industry average Stock P/E: 41.55)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.03
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 7.21%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Chemicals - Speciality - Others | 11, Unique House, Mumbai Maharashtra 400099 | info@hpadhesives.com http://www.hpadhesives.com |
| Management | |
|---|---|
| Name | Position Held |
| Mrs. Anjana Haresh Motwani | Chairperson & Executive Director |
| Mr. Karan Haresh Motwani | Managing Director |
| Ms. Nidhi Haresh Motwani | Executive Director |
| Mr. Ajeet Anant Walavalkar | Independent Director |
| Mr. Surendra Kumar Mehta | Independent Director |
| Mr. Rajendra Kumar Jain | Independent Director |
FAQ
What is the intrinsic value of HP Adhesives Ltd?
HP Adhesives Ltd's intrinsic value (as of 17 October 2025) is 40.26 which is 11.32% lower the current market price of 45.40, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 417 Cr. market cap, FY2025-2026 high/low of 90.7/42.6, reserves of ₹166 Cr, and liabilities of 228 Cr.
What is the Market Cap of HP Adhesives Ltd?
The Market Cap of HP Adhesives Ltd is 417 Cr..
What is the current Stock Price of HP Adhesives Ltd as on 17 October 2025?
The current stock price of HP Adhesives Ltd as on 17 October 2025 is 45.4.
What is the High / Low of HP Adhesives Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of HP Adhesives Ltd stocks is 90.7/42.6.
What is the Stock P/E of HP Adhesives Ltd?
The Stock P/E of HP Adhesives Ltd is 25.4.
What is the Book Value of HP Adhesives Ltd?
The Book Value of HP Adhesives Ltd is 20.0.
What is the Dividend Yield of HP Adhesives Ltd?
The Dividend Yield of HP Adhesives Ltd is 0.88 %.
What is the ROCE of HP Adhesives Ltd?
The ROCE of HP Adhesives Ltd is 13.6 %.
What is the ROE of HP Adhesives Ltd?
The ROE of HP Adhesives Ltd is 9.82 %.
What is the Face Value of HP Adhesives Ltd?
The Face Value of HP Adhesives Ltd is 2.00.