Share Price and Basic Stock Data
Last Updated: January 24, 2026, 5:50 pm
| PEG Ratio | 0.99 |
|---|
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 solutions. As of the latest reporting, the company’s stock price stood at ₹38.5, and its market capitalization was ₹354 Cr. The company reported a notable revenue increase, with sales rising from ₹165 Cr in March 2022 to ₹236 Cr in March 2024, reflecting a growth trajectory that continued with trailing twelve months (TTM) sales of ₹263 Cr. Quarterly sales figures for September 2023 reached ₹62.60 Cr, showcasing a consistent upward trend compared to ₹58.32 Cr in September 2022. This growth indicates effective market penetration and potentially expanding demand for its products. The operating profit margin (OPM) has also shown improvement, recording 14.21% in December 2023, demonstrating enhanced operational efficiency. HP Adhesives seems well-positioned within the industry, with a diverse product range catering to various sectors, further bolstered by a solid sales performance.
Profitability and Efficiency Metrics
The profitability of HP Adhesives is reflected in its financial metrics, with a reported net profit of ₹18 Cr for the fiscal year ending March 2025. This is a considerable increase from ₹11 Cr in March 2023, indicating effective cost management and operational improvements. The company’s return on equity (ROE) stood at 9.82%, while return on capital employed (ROCE) was reported at 13.6%, both of which are indicative of efficient capital utilization compared to industry standards. HP Adhesives has maintained a healthy interest coverage ratio of 14.22x, suggesting robust capacity to meet interest obligations. The cash conversion cycle (CCC) was recorded at 137 days, indicating a manageable cycle for converting investments into cash flows. However, with an operating profit margin (OPM) of 10% for March 2025, below the previous year’s 13%, the company might need to address rising costs or operational efficiencies to sustain profitability moving forward.
Balance Sheet Strength and Financial Ratios
HP Adhesives exhibits a strong balance sheet, with total reserves amounting to ₹170 Cr and minimal borrowings of just ₹2 Cr, reflecting a debt-to-equity ratio of 0.03. This low leverage provides financial stability and flexibility, allowing the company to pursue growth opportunities without the burden of significant debt. The interest coverage ratio of 14.22x further emphasizes the company’s strong financial position, allowing it to comfortably service any interest expenses. Book value per share, excluding revaluation reserves, is reported at ₹20.06, while the price-to-book value (P/BV) ratio stands at 2.40x, which could suggest the stock is trading at a premium relative to its book value. Additionally, the current ratio of 3.57 indicates a strong liquidity position, ensuring that the company can cover its short-term liabilities effectively. Overall, these financial ratios suggest a robust balance sheet that supports both operational stability and potential growth.
Shareholding Pattern and Investor Confidence
The shareholding pattern of HP Adhesives Ltd indicates strong promoter confidence, with promoters holding 71.35% of the equity as of March 2025. This high level of ownership suggests alignment of interest between management and shareholders, which can foster investor confidence. Institutional interest remains minimal, with foreign institutional investors (FIIs) holding only 0.01% and domestic institutional investors (DIIs) at 0.00%. However, public shareholding has gradually increased from 28.06% in March 2023 to 28.64% by December 2025, indicating growing investor interest. The number of shareholders also rose significantly from 25,152 in March 2023 to 55,426 in December 2025, suggesting that the company is attracting retail investors. While the strong promoter holding provides stability, the low institutional participation may limit broader market validation of the stock’s valuation.
Outlook, Risks, and Final Insight
HP Adhesives is poised for continued growth in the specialty chemicals sector, supported by a solid operational framework and promising revenue trends. However, potential risks include rising raw material costs and competition, which could pressure margins. The company’s ability to maintain cost efficiency while managing operational challenges will be critical for sustaining profitability. Additionally, while the strong promoter holding is a positive sign, the lack of institutional backing could pose challenges in terms of stock liquidity and market perception. Moving forward, HP Adhesives may explore strategic partnerships or expansion initiatives to enhance its market presence. The outlook remains cautiously optimistic, with the company’s fundamentals providing a solid foundation for potential growth and expansion in the specialty chemicals market. Overall, while the company has strengths in operational efficiency and financial stability, it must navigate industry challenges to maximize shareholder value.
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 | 345 Cr. | 37.5 | 71.7/36.8 | 21.4 | 20.5 | 1.07 % | 13.6 % | 9.82 % | 2.00 |
| Haryana Leather Chemicals Ltd | 28.0 Cr. | 57.0 | 88.8/55.0 | 13.4 | 89.6 | 1.75 % | 8.02 % | 5.45 % | 10.0 |
| Hardcastle & Waud Mfg Co Ltd | 44.5 Cr. | 655 | 899/600 | 20.5 | 697 | 0.00 % | 6.31 % | 2.91 % | 10.0 |
| Grauer & Weil (India) Ltd | 3,221 Cr. | 71.0 | 111/68.2 | 21.3 | 22.0 | 0.70 % | 23.3 % | 17.6 % | 1.00 |
| DMCC Speciality Chemicals Ltd | 547 Cr. | 219 | 377/213 | 19.6 | 93.8 | 1.14 % | 14.1 % | 9.97 % | 10.0 |
| Industry Average | 12,127.48 Cr | 644.51 | 58.17 | 182.97 | 0.47% | 12.99% | 25.41% | 6.41 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 58.32 | 55.17 | 57.86 | 59.32 | 62.60 | 54.75 | 59.31 | 60.52 | 58.87 | 65.72 | 66.19 | 66.13 | 65.13 |
| Expenses | 54.09 | 49.48 | 50.84 | 53.18 | 55.26 | 46.97 | 50.50 | 52.95 | 52.39 | 59.77 | 60.59 | 59.52 | 58.73 |
| Operating Profit | 4.23 | 5.69 | 7.02 | 6.14 | 7.34 | 7.78 | 8.81 | 7.57 | 6.48 | 5.95 | 5.60 | 6.61 | 6.40 |
| OPM % | 7.25% | 10.31% | 12.13% | 10.35% | 11.73% | 14.21% | 14.85% | 12.51% | 11.01% | 9.05% | 8.46% | 10.00% | 9.83% |
| Other Income | 0.17 | -0.30 | 0.56 | 0.98 | 1.04 | 0.62 | 0.88 | 1.48 | 0.17 | 1.29 | 1.50 | 1.05 | 0.47 |
| Interest | 0.71 | 0.60 | 0.43 | 0.23 | 0.21 | 0.18 | 0.56 | 0.47 | 0.51 | 0.58 | 0.59 | 0.64 | 0.63 |
| Depreciation | 0.78 | 0.81 | 0.88 | 1.03 | 1.08 | 1.11 | 1.08 | 1.13 | 1.15 | 1.17 | 1.25 | 1.41 | 1.45 |
| Profit before tax | 2.91 | 3.98 | 6.27 | 5.86 | 7.09 | 7.11 | 8.05 | 7.45 | 4.99 | 5.49 | 5.26 | 5.61 | 4.79 |
| Tax % | 13.75% | 22.11% | 38.28% | 22.87% | 26.09% | 26.72% | 30.43% | 24.30% | 17.23% | 27.87% | 21.86% | 24.78% | 25.89% |
| Net Profit | 2.51 | 3.10 | 3.87 | 4.51 | 5.24 | 5.21 | 5.61 | 5.63 | 4.12 | 3.96 | 4.12 | 4.22 | 3.55 |
| EPS in Rs | 0.27 | 0.34 | 0.42 | 0.49 | 0.57 | 0.57 | 0.61 | 0.61 | 0.45 | 0.43 | 0.45 | 0.46 | 0.39 |
Last Updated: January 6, 2026, 11:07 pm
Below is a detailed analysis of the quarterly data for HP Adhesives Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 65.13 Cr.. The value appears to be declining and may need further review. It has decreased from 66.13 Cr. (Jun 2025) to 65.13 Cr., marking a decrease of 1.00 Cr..
- For Expenses, as of Sep 2025, the value is 58.73 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 59.52 Cr. (Jun 2025) to 58.73 Cr., marking a decrease of 0.79 Cr..
- For Operating Profit, as of Sep 2025, the value is 6.40 Cr.. The value appears to be declining and may need further review. It has decreased from 6.61 Cr. (Jun 2025) to 6.40 Cr., marking a decrease of 0.21 Cr..
- For OPM %, as of Sep 2025, the value is 9.83%. The value appears to be declining and may need further review. It has decreased from 10.00% (Jun 2025) to 9.83%, marking a decrease of 0.17%.
- For Other Income, as of Sep 2025, the value is 0.47 Cr.. The value appears to be declining and may need further review. It has decreased from 1.05 Cr. (Jun 2025) to 0.47 Cr., marking a decrease of 0.58 Cr..
- For Interest, as of Sep 2025, the value is 0.63 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.64 Cr. (Jun 2025) to 0.63 Cr., marking a decrease of 0.01 Cr..
- For Depreciation, as of Sep 2025, the value is 1.45 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.41 Cr. (Jun 2025) to 1.45 Cr., marking an increase of 0.04 Cr..
- For Profit before tax, as of Sep 2025, the value is 4.79 Cr.. The value appears to be declining and may need further review. It has decreased from 5.61 Cr. (Jun 2025) to 4.79 Cr., marking a decrease of 0.82 Cr..
- For Tax %, as of Sep 2025, the value is 25.89%. The value appears to be increasing, which may not be favorable. It has increased from 24.78% (Jun 2025) to 25.89%, marking an increase of 1.11%.
- For Net Profit, as of Sep 2025, the value is 3.55 Cr.. The value appears to be declining and may need further review. It has decreased from 4.22 Cr. (Jun 2025) to 3.55 Cr., marking a decrease of 0.67 Cr..
- For EPS in Rs, as of Sep 2025, the value is 0.39. The value appears to be declining and may need further review. It has decreased from 0.46 (Jun 2025) to 0.39, marking a decrease of 0.07.
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: 25.41%)
- 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: 21.4 (Industry average Stock P/E: 58.17)
- 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, Chakala Cross Road, Mumbai Maharashtra 400099 | Contact not found |
| 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 27 January 2026) is ₹42.36 which is 12.96% higher the current market price of ₹37.50, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹345 Cr. market cap, FY2025-2026 high/low of ₹71.7/36.8, 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 345 Cr..
What is the current Stock Price of HP Adhesives Ltd as on 27 January 2026?
The current stock price of HP Adhesives Ltd as on 27 January 2026 is ₹37.5.
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 ₹71.7/36.8.
What is the Stock P/E of HP Adhesives Ltd?
The Stock P/E of HP Adhesives Ltd is 21.4.
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 1.07 %.
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.

