Hindustan Adhesives Ltd
Incorporated in 1988, Hindustan Adhesives Ltd is engaged in manufacturing of special adhesive tapes and polyolefin shrink films. It is a part of Bagla Group.[1]
- Market Cap ₹ 218 Cr.
- Current Price ₹ 425
- High / Low ₹ 658 / 209
- Stock P/E 17.2
- Book Value ₹ 107
- Dividend Yield 0.00 %
- ROCE 20.2 %
- ROE 25.5 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 20.6% CAGR over last 5 years
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 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
63 | 67 | 76 | 78 | 76 | 69 | 74 | 76 | 140 | 153 | 214 | 449 | 483 | |
57 | 61 | 68 | 69 | 67 | 59 | 63 | 68 | 129 | 141 | 192 | 416 | 450 | |
Operating Profit | 6 | 6 | 8 | 8 | 9 | 10 | 11 | 8 | 11 | 12 | 21 | 33 | 32 |
OPM % | 10% | 9% | 10% | 11% | 12% | 14% | 15% | 11% | 8% | 8% | 10% | 7% | 7% |
-0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 4 | 6 | 7 | 4 | 5 | |
Interest | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 5 | 6 | 8 | 8 |
Depreciation | 2 | 2 | 2 | 2 | 4 | 3 | 3 | 3 | 6 | 7 | 8 | 11 | 11 |
Profit before tax | 3 | 2 | 2 | 3 | 3 | 3 | 5 | 3 | 4 | 6 | 14 | 18 | 18 |
Tax % | 33% | 30% | 35% | 25% | 38% | 35% | 8% | 26% | 33% | -15% | 36% | 31% | |
Net Profit | 2 | 2 | 2 | 2 | 2 | 2 | 5 | 2 | 2 | 7 | 9 | 13 | 13 |
EPS in Rs | 3.46 | 3.07 | 3.09 | 4.67 | 3.07 | 4.14 | 9.60 | 4.87 | 4.63 | 12.86 | 17.10 | 24.47 | 24.69 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 10% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 21% |
5 Years: | 43% |
3 Years: | 48% |
TTM: | 89% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 21% |
3 Years: | 74% |
TTM: | 40% |
Stock Price CAGR | |
---|---|
10 Years: | 41% |
5 Years: | 42% |
3 Years: | 72% |
1 Year: | 40% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 19% |
3 Years: | 23% |
Last Year: | 26% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |
Reserves | 5 | 7 | 8 | 11 | 12 | 14 | 19 | 22 | 24 | 30 | 38 | 50 |
17 | 24 | 21 | 24 | 22 | 21 | 21 | 49 | 54 | 70 | 84 | 80 | |
11 | 9 | 12 | 14 | 15 | 12 | 13 | 20 | 28 | 21 | 37 | 66 | |
Total Liabilities | 38 | 44 | 46 | 54 | 54 | 53 | 58 | 96 | 111 | 126 | 164 | 201 |
10 | 23 | 23 | 22 | 24 | 22 | 23 | 21 | 56 | 62 | 76 | 80 | |
CWIP | 5 | 1 | 0 | 0 | 0 | 0 | 1 | 32 | 0 | 11 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 1 | 1 | 1 | 5 |
22 | 20 | 24 | 32 | 30 | 29 | 32 | 42 | 54 | 52 | 86 | 116 | |
Total Assets | 38 | 44 | 46 | 54 | 54 | 53 | 58 | 96 | 111 | 126 | 164 | 201 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3 | 5 | 6 | 3 | 10 | 8 | 7 | 5 | 11 | 10 | 6 | 25 | |
-6 | -10 | -1 | -2 | -6 | -3 | -5 | -31 | -10 | -23 | -12 | -15 | |
3 | 5 | -4 | -0 | -4 | -5 | -3 | 26 | -1 | 12 | 8 | -10 | |
Net Cash Flow | 1 | -1 | 0 | 1 | -0 | 0 | -1 | 1 | 1 | -1 | 2 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 59 | 50 | 55 | 67 | 63 | 62 | 70 | 74 | 59 | 43 | 55 | 38 |
Inventory Days | 66 | 66 | 65 | 79 | 99 | 126 | 120 | 162 | 88 | 75 | 68 | 56 |
Days Payable | 57 | 42 | 59 | 76 | 78 | 72 | 79 | 122 | 80 | 41 | 55 | 47 |
Cash Conversion Cycle | 67 | 74 | 61 | 69 | 84 | 115 | 110 | 114 | 67 | 77 | 68 | 47 |
Working Capital Days | 77 | 71 | 61 | 74 | 79 | 87 | 99 | 107 | 69 | 75 | 84 | 41 |
ROCE % | 20% | 14% | 17% | 18% | 15% | 17% | 19% | 10% | 11% | 12% | 17% | 20% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 13h
- Submission Of Unaudited Financial Result For The Quarter Ended On 30Th June, 2022 Pursuant To Regulation 33 Of SEBI (LODR) Regulations 2015. 13 Aug
- Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 13 Aug
- Board Meeting Intimation for Notice Of Board Meeting Under Regulation 29 Of SEBI (LODR) Regulations 2015 5 Aug
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 30 Jul
Annual reports
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Products
The Co provides tapes for all types of carton sealing application ensuring high sealability of packaging in storage and transportation. Different offerings of the Co include:
Acrylic Packaging Tapes, Hot Melt Packaging Tapes, Natural Rubber Packaging Tapes, Kraft Paper Tapes, Polyolefin Shrink Films etc.
The Co also produces many types of specialty tapes like Filament Tapes, Carry Handle Tapes, Tear Tapes, Tamper evident Tapes and many more. [1][2]