Hindustan Adhesives Ltd
Incorporated in 1988, Hindustan Adhesive
Ltd manufactures and supplies Carton
Sealing Tapes and Adhesive Coated
products[1]
- Market Cap ₹ 187 Cr.
- Current Price ₹ 365
- High / Low ₹ 539 / 172
- Stock P/E 13.7
- Book Value ₹ 133
- Dividend Yield 0.00 %
- ROCE 9.61 %
- ROE 8.40 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 41.0 to 29.4 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
67 | 76 | 78 | 76 | 69 | 74 | 76 | 140 | 153 | 214 | 449 | 321 | 287 | |
61 | 68 | 69 | 67 | 59 | 63 | 68 | 129 | 141 | 192 | 416 | 301 | 258 | |
Operating Profit | 6 | 8 | 8 | 9 | 10 | 11 | 8 | 11 | 12 | 21 | 33 | 20 | 29 |
OPM % | 9% | 10% | 11% | 12% | 14% | 15% | 11% | 8% | 8% | 10% | 7% | 6% | 10% |
0 | 0 | 0 | 0 | 0 | 1 | 1 | 4 | 6 | 7 | 4 | 3 | 3 | |
Interest | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 5 | 6 | 8 | 7 | 5 |
Depreciation | 2 | 2 | 2 | 4 | 3 | 3 | 3 | 6 | 7 | 8 | 11 | 11 | 8 |
Profit before tax | 2 | 2 | 3 | 3 | 3 | 5 | 3 | 4 | 6 | 14 | 18 | 6 | 18 |
Tax % | 30% | 35% | 25% | 38% | 35% | 8% | 26% | 33% | -15% | 36% | 31% | 16% | |
2 | 2 | 2 | 2 | 2 | 5 | 2 | 2 | 7 | 9 | 13 | 5 | 14 | |
EPS in Rs | 3.07 | 3.09 | 4.67 | 3.07 | 4.14 | 9.60 | 4.87 | 4.63 | 12.86 | 17.10 | 24.47 | 9.50 | 26.73 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 10% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 33% |
3 Years: | 28% |
TTM: | -27% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 14% |
3 Years: | -10% |
TTM: | 112% |
Stock Price CAGR | |
---|---|
10 Years: | 47% |
5 Years: | 38% |
3 Years: | 47% |
1 Year: | 84% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 17% |
3 Years: | 18% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
Reserves | 7 | 8 | 11 | 12 | 14 | 19 | 22 | 24 | 30 | 38 | 50 | 55 | 63 |
24 | 21 | 24 | 22 | 21 | 21 | 49 | 54 | 70 | 84 | 80 | 66 | 56 | |
9 | 12 | 14 | 15 | 12 | 13 | 20 | 28 | 21 | 37 | 66 | 42 | 44 | |
Total Liabilities | 44 | 46 | 54 | 54 | 53 | 58 | 96 | 111 | 126 | 164 | 201 | 168 | 168 |
23 | 23 | 22 | 24 | 22 | 23 | 21 | 56 | 62 | 76 | 80 | 77 | 75 | |
CWIP | 1 | 0 | 0 | 0 | 0 | 1 | 32 | 0 | 11 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 4 |
20 | 24 | 32 | 30 | 29 | 32 | 42 | 54 | 52 | 86 | 120 | 88 | 89 | |
Total Assets | 44 | 46 | 54 | 54 | 53 | 58 | 96 | 111 | 126 | 164 | 201 | 168 | 168 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 6 | 3 | 10 | 8 | 7 | 5 | 11 | 10 | 6 | 25 | 27 | |
-10 | -1 | -2 | -6 | -3 | -5 | -31 | -10 | -23 | -12 | -15 | -10 | |
5 | -4 | -0 | -4 | -5 | -3 | 26 | -1 | 12 | 8 | -10 | -20 | |
Net Cash Flow | -1 | 0 | 1 | -0 | 0 | -1 | 1 | 1 | -1 | 2 | -0 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 50 | 55 | 67 | 63 | 62 | 70 | 74 | 59 | 43 | 55 | 38 | 29 |
Inventory Days | 66 | 65 | 79 | 99 | 126 | 120 | 162 | 88 | 75 | 68 | 56 | 86 |
Days Payable | 42 | 59 | 76 | 78 | 72 | 79 | 122 | 80 | 41 | 55 | 47 | 42 |
Cash Conversion Cycle | 74 | 61 | 69 | 84 | 115 | 110 | 114 | 67 | 77 | 68 | 47 | 74 |
Working Capital Days | 71 | 61 | 74 | 79 | 87 | 99 | 107 | 69 | 75 | 76 | 41 | 53 |
ROCE % | 14% | 17% | 18% | 15% | 17% | 19% | 10% | 11% | 12% | 17% | 20% | 10% |
Documents
Announcements
- Submission Of Unaudited Financial Result For The Quarter Ended On 31St December, 2023 Pursuant To Regulation 33 Of SEBI (LODR) Regulations 2015 14 Feb
- Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 14 Feb
- Board Meeting Intimation for Notice Of Board Meeting Under Regulation 29 Of SEBI (LODR) Regulations 2015 6 Feb
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17 Jan - Certificate under Regulation 74(5) of SEBI (Depositories and participants) Regulations 2018 for the quarter ended 31.12.2023.
- Closure of Trading Window 29 Dec 2023
Annual reports
-
Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2009
from bse
Business Overview:[1]
HAL is a part of Bagla Group. It is an integrated producer of Carton Sealing Tapes, BOPP Adhesive Tapes with both Acrylic and Hot-Melt technology. It also
has its own adhesive making facility along with facilities for making paper cores and cartons in-house, besides multiple printing equipments, slitting and spooling facilities to make many value added import substitute products for domestic and international markets. Company also produces specialty tapes like Filament Tapes, Carry Handle Tapes, Tear Tapes, Tamper evident Tapes, etc.