Share Price and Basic Stock Data
Last Updated: December 17, 2025, 11:55 pm
| PEG Ratio | 1.11 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
HP Adhesives Ltd operates in the specialty chemicals sector, focusing on adhesive products, which are integral to various industries such as construction, automotive, and consumer goods. The company’s revenue trajectory has shown a consistent upward trend, with sales rising from ₹165 Cr in FY 2022 to ₹233 Cr in FY 2023, and further to ₹236 Cr in FY 2024. The trailing twelve-month figure stands at ₹257 Cr, suggesting a robust demand for its products. However, the quarter-on-quarter analysis reveals some fluctuations, particularly with a notable dip in December 2023, where sales fell to ₹54.75 Cr before recovering in March 2024 to ₹59.31 Cr. The revenue growth is underpinned by the company’s ability to adapt to market demands, although the periodic sales dips may raise concerns about seasonality or market saturation in certain segments.
Profitability and Efficiency Metrics
HP Adhesives has demonstrated commendable profitability metrics, with an operating profit margin (OPM) peaking at 14.85% in March 2024, yet it has since moderated to 10% in June 2025. This fluctuation may indicate rising costs or competitive pressures impacting margins. Net profit has followed a similar pattern, reaching ₹21 Cr in FY 2024 before settling at ₹18 Cr in FY 2025. The company’s return on equity (ROE) stands at 9.89%, which, while decent, is slightly below the industry benchmark, suggesting room for improvement. The interest coverage ratio (ICR) of 14.22x indicates that the company comfortably manages its interest obligations, reflecting a strong operational efficiency despite the pressures on profit margins. However, the cash conversion cycle (CCC) has increased to 137 days, which could indicate a need for better inventory management or collection processes.
Balance Sheet Strength and Financial Ratios
On the balance sheet front, HP Adhesives appears to be in a solid position, with total borrowings at just ₹2 Cr against reserves of ₹170 Cr, highlighting a low leverage scenario. This conservative approach to debt management is reflected in its debt-to-equity ratio, which stands at a mere 0.03, making it less vulnerable to interest rate fluctuations. Additionally, the company has maintained a healthy current ratio of 3.57, indicating ample liquidity to cover short-term liabilities. However, the decline in book value per share from ₹91.91 in FY 2024 to ₹20.06 in FY 2025 raises questions about asset utilization and valuation. The price-to-book ratio of 2.40x suggests that the stock may be trading at a premium relative to its book value, which could be a point of concern for value-oriented investors.
Shareholding Pattern and Investor Confidence
HP Adhesives has a stable shareholding structure, with promoters holding a substantial 71.35% stake, which can instill confidence among retail investors regarding management commitment. However, the presence of foreign institutional investors (FIIs) remains minimal at 0.02%, and domestic institutional investors (DIIs) have not shown significant interest, with their stake at 0%. This lack of institutional backing could be a double-edged sword; it may suggest a lack of confidence from larger investors, yet it also means that retail investors have a larger share of the pie. The number of shareholders has increased, jumping to 57,134, reflecting growing interest from the public. This surge could be seen as a positive signal, indicating that retail investors are recognizing the potential of the company amidst its challenges.
Outlook, Risks, and Final Insight
Looking ahead, HP Adhesives faces a mixed bag of opportunities and challenges. The company’s strong market position in specialty chemicals positions it well to capitalize on growing industrial and consumer demand. However, risks such as fluctuating raw material costs and increasing competition could pressure margins. The rising cash conversion cycle also raises concerns about operational efficiency. Investors may need to weigh the company’s strong balance sheet and profitability metrics against these risks. While the stock may appeal to those looking for stability in a growth sector, potential investors should remain vigilant about the company’s performance in managing costs and sustaining revenue growth. Ultimately, HP Adhesives presents a compelling case for investment, but careful consideration of its operational dynamics and market conditions will be essential for informed decision-making.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| HP Adhesives Ltd | 386 Cr. | 42.2 | 83.5/41.2 | 24.0 | 20.5 | 0.95 % | 13.6 % | 9.82 % | 2.00 |
| Haryana Leather Chemicals Ltd | 29.9 Cr. | 61.0 | 96.5/56.0 | 14.3 | 89.6 | 1.64 % | 8.02 % | 5.45 % | 10.0 |
| Hardcastle & Waud Mfg Co Ltd | 48.2 Cr. | 708 | 956/600 | 22.2 | 697 | 0.00 % | 6.31 % | 2.91 % | 10.0 |
| Grauer & Weil (India) Ltd | 3,414 Cr. | 75.3 | 111/74.2 | 22.6 | 22.0 | 0.66 % | 23.3 % | 17.6 % | 1.00 |
| DMCC Speciality Chemicals Ltd | 653 Cr. | 259 | 439/241 | 23.4 | 93.8 | 0.97 % | 14.1 % | 9.97 % | 10.0 |
| Industry Average | 12,725.64 Cr | 722.37 | 66.68 | 183.02 | 0.45% | 12.99% | 25.41% | 6.41 |
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: December 15, 2025, 3:33 am
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|
| Sales | 85 | 118 | 165 | 233 | 236 | 251 | 263 |
| Expenses | 80 | 106 | 153 | 214 | 205 | 226 | 239 |
| Operating Profit | 4 | 12 | 11 | 19 | 31 | 26 | 25 |
| OPM % | 5% | 10% | 7% | 8% | 13% | 10% | 9% |
| 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 | 1.73 |
| 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: December 4, 2025, 3:03 am
| Month | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 18 | 18 | 18 | 18 | 18 |
| Reserves | -11 | -0 | 119 | 130 | 151 | 166 | 170 |
| Borrowings | 36 | 43 | 19 | 9 | 3 | 8 | 2 |
| Other Liabilities | 19 | 35 | 40 | 28 | 26 | 36 | 41 |
| Total Liabilities | 57 | 90 | 195 | 185 | 198 | 228 | 232 |
| Fixed Assets | 11 | 19 | 26 | 39 | 52 | 73 | 71 |
| CWIP | 1 | 7 | 18 | 17 | 16 | 4 | 5 |
| Investments | 0 | 0 | 0 | 0 | 18 | 25 | 35 |
| Other Assets | 45 | 64 | 152 | 129 | 111 | 126 | 120 |
| Total Assets | 57 | 90 | 195 | 185 | 198 | 228 | 232 |
Below is a detailed analysis of the balance sheet data for HP Adhesives Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 18.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 18.00 Cr..
- For Reserves, as of Sep 2025, the value is 170.00 Cr.. The value appears strong and on an upward trend. It has increased from 166.00 Cr. (Mar 2025) to 170.00 Cr., marking an increase of 4.00 Cr..
- For Borrowings, as of Sep 2025, the value is 2.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 8.00 Cr. (Mar 2025) to 2.00 Cr., marking a decrease of 6.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 41.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 36.00 Cr. (Mar 2025) to 41.00 Cr., marking an increase of 5.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 232.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 228.00 Cr. (Mar 2025) to 232.00 Cr., marking an increase of 4.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 71.00 Cr.. The value appears to be declining and may need further review. It has decreased from 73.00 Cr. (Mar 2025) to 71.00 Cr., marking a decrease of 2.00 Cr..
- For CWIP, as of Sep 2025, the value is 5.00 Cr.. The value appears strong and on an upward trend. It has increased from 4.00 Cr. (Mar 2025) to 5.00 Cr., marking an increase of 1.00 Cr..
- For Investments, as of Sep 2025, the value is 35.00 Cr.. The value appears strong and on an upward trend. It has increased from 25.00 Cr. (Mar 2025) to 35.00 Cr., marking an increase of 10.00 Cr..
- For Other Assets, as of Sep 2025, the value is 120.00 Cr.. The value appears to be declining and may need further review. It has decreased from 126.00 Cr. (Mar 2025) to 120.00 Cr., marking a decrease of 6.00 Cr..
- For Total Assets, as of Sep 2025, the value is 232.00 Cr.. The value appears strong and on an upward trend. It has increased from 228.00 Cr. (Mar 2025) to 232.00 Cr., marking an increase of 4.00 Cr..
Notably, the Reserves (170.00 Cr.) exceed the Borrowings (2.00 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
| Month | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
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 | 10.00 |
| Basic EPS (Rs.) | 1.99 | 2.24 |
| Diluted EPS (Rs.) | 1.99 | 2.24 |
| Cash EPS (Rs.) | 2.50 | 13.53 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 20.06 | 91.91 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 20.06 | 91.91 |
| Revenue From Operations / Share (Rs.) | 27.52 | 128.38 |
| PBDIT / Share (Rs.) | 3.33 | 18.54 |
| PBIT / Share (Rs.) | 2.82 | 16.20 |
| PBT / Share (Rs.) | 2.58 | 15.30 |
| Net Profit / Share (Rs.) | 1.99 | 11.19 |
| NP After MI And SOA / Share (Rs.) | 1.99 | 11.19 |
| PBDIT Margin (%) | 12.10 | 14.44 |
| PBIT Margin (%) | 10.23 | 12.62 |
| 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 | 10.40 |
| Total Debt / Equity (X) | 0.03 | 0.00 |
| Asset Turnover Ratio (%) | 1.19 | 0.00 |
| Current Ratio (X) | 3.57 | 4.63 |
| Quick Ratio (X) | 2.20 | 2.83 |
| Inventory Turnover Ratio (X) | 4.85 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 15.10 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 12.00 | 0.00 |
| Earning Retention Ratio (%) | 84.90 | 0.00 |
| Cash Earning Retention Ratio (%) | 88.00 | 0.00 |
| Interest Coverage Ratio (X) | 14.22 | 18.12 |
| Interest Coverage Ratio (Post Tax) (X) | 9.48 | 11.82 |
| Enterprise Value (Cr.) | 443.24 | 167.00 |
| EV / Net Operating Revenue (X) | 1.75 | 0.70 |
| EV / EBITDA (X) | 14.49 | 4.90 |
| MarketCap / Net Operating Revenue (X) | 1.75 | 0.74 |
| Retention Ratios (%) | 84.89 | 0.00 |
| Price / BV (X) | 2.40 | 1.04 |
| Price / Net Operating Revenue (X) | 1.75 | 0.74 |
| EarningsYield | 0.04 | 0.11 |
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. It has decreased from 10.00 (Mar 24) to 2.00, marking a decrease of 8.00.
- 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 13.53 (Mar 24) to 2.50, marking a decrease of 11.03.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 20.06. It has decreased from 91.91 (Mar 24) to 20.06, marking a decrease of 71.85.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 20.06. It has decreased from 91.91 (Mar 24) to 20.06, marking a decrease of 71.85.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 27.52. It has decreased from 128.38 (Mar 24) to 27.52, marking a decrease of 100.86.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 3.33. This value is within the healthy range. It has decreased from 18.54 (Mar 24) to 3.33, marking a decrease of 15.21.
- For PBIT / Share (Rs.), as of Mar 25, the value is 2.82. This value is within the healthy range. It has decreased from 16.20 (Mar 24) to 2.82, marking a decrease of 13.38.
- For PBT / Share (Rs.), as of Mar 25, the value is 2.58. This value is within the healthy range. It has decreased from 15.30 (Mar 24) to 2.58, marking a decrease of 12.72.
- 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 11.19 (Mar 24) to 1.99, marking a decrease of 9.20.
- 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 11.19 (Mar 24) to 1.99, marking a decrease of 9.20.
- For PBDIT Margin (%), as of Mar 25, the value is 12.10. This value is within the healthy range. It has decreased from 14.44 (Mar 24) to 12.10, marking a decrease of 2.34.
- For PBIT Margin (%), as of Mar 25, the value is 10.23. This value is within the healthy range. It has decreased from 12.62 (Mar 24) to 10.23, marking a decrease of 2.39.
- 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 10.40 (Mar 24) to 7.99, marking a decrease of 2.41.
- 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 Asset Turnover Ratio (%), as of Mar 25, the value is 1.19. It has increased from 0.00 (Mar 24) to 1.19, marking an increase of 1.19.
- 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 4.63 (Mar 24) to 3.57, marking a decrease of 1.06.
- 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 2.83 (Mar 24) to 2.20, marking a decrease of 0.63.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 4.85. This value is within the healthy range. It has increased from 0.00 (Mar 24) to 4.85, marking an increase of 4.85.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 15.10. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 24) to 15.10, marking an increase of 15.10.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 12.00. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 24) to 12.00, marking an increase of 12.00.
- For Earning Retention Ratio (%), as of Mar 25, the value is 84.90. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 24) to 84.90, marking an increase of 84.90.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 88.00. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 24) to 88.00, marking an increase of 88.00.
- 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 increased from 167.00 (Mar 24) to 443.24, marking an increase of 276.24.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.75. This value is within the healthy range. It has increased from 0.70 (Mar 24) to 1.75, marking an increase of 1.05.
- For EV / EBITDA (X), as of Mar 25, the value is 14.49. This value is within the healthy range. It has increased from 4.90 (Mar 24) to 14.49, marking an increase of 9.59.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.75. This value is within the healthy range. It has increased from 0.74 (Mar 24) to 1.75, marking an increase of 1.01.
- For Retention Ratios (%), as of Mar 25, the value is 84.89. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 24) to 84.89, marking an increase of 84.89.
- For Price / BV (X), as of Mar 25, the value is 2.40. This value is within the healthy range. It has increased from 1.04 (Mar 24) to 2.40, marking an increase of 1.36.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.75. This value is within the healthy range. It has increased from 0.74 (Mar 24) to 1.75, marking an increase of 1.01.
- For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.11 (Mar 24) to 0.04, marking a decrease of 0.07.
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: 24 (Industry average Stock P/E: 58.34)
- 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 18 December 2025) is 39.02 which is 7.54% lower the current market price of 42.20, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 386 Cr. market cap, FY2025-2026 high/low of 83.5/41.2, reserves of ₹170 Cr, and liabilities of 232 Cr.
What is the Market Cap of HP Adhesives Ltd?
The Market Cap of HP Adhesives Ltd is 386 Cr..
What is the current Stock Price of HP Adhesives Ltd as on 18 December 2025?
The current stock price of HP Adhesives Ltd as on 18 December 2025 is 42.2.
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 83.5/41.2.
What is the Stock P/E of HP Adhesives Ltd?
The Stock P/E of HP Adhesives Ltd is 24.0.
What is the Book Value of HP Adhesives Ltd?
The Book Value of HP Adhesives Ltd is 20.5.
What is the Dividend Yield of HP Adhesives Ltd?
The Dividend Yield of HP Adhesives Ltd is 0.95 %.
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.