Hindustan Adhesives Ltd

₹ 464 -0.46%
30 Sep - close price
About

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]

Key Points

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]

  • Market Cap 237 Cr.
  • Current Price 464
  • High / Low 658 / 209
  • Stock P/E 49.8
  • Book Value 46.9
  • Dividend Yield 0.00 %
  • ROCE 19.1 %
  • ROE 22.0 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 9.88 times its book value
  • Tax rate seems low

* 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.

Peer comparison

Sector: Packaging Industry: Packaging

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2015
17.21
15.27
Operating Profit 1.94
OPM % 11.27%
0.05
Interest 0.90
Depreciation 0.83
Profit before tax 0.26
Tax % 61.54%
Net Profit 0.10
EPS in Rs 0.20
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017
70.38 76.04
60.80 64.79
Operating Profit 9.58 11.25
OPM % 13.61% 14.79%
0.09 0.51
Interest 3.44 2.93
Depreciation 3.34 3.61
Profit before tax 2.89 5.22
Tax % 39.45% 8.43%
Net Profit 1.76 4.77
EPS in Rs 3.44 9.32
Dividend Payout % 0.00% 10.73%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 8%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 171%
Stock Price CAGR
10 Years: 45%
5 Years: 47%
3 Years: 74%
1 Year: 69%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 22%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017
5.12 5.12
Reserves 14.31 18.88
20.87 21.02
13.02 13.30
Total Liabilities 53.32 58.32
23.02 23.22
CWIP 0.00 1.06
Investments 1.50 1.68
28.80 32.36
Total Assets 53.32 58.32

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017
8.18 7.69
-3.16 -5.04
-4.94 -3.30
Net Cash Flow 0.09 -0.65

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017
Debtor Days 60.42 68.11
Inventory Days 126.03 119.75
Days Payable 73.14 85.70
Cash Conversion Cycle 113.31 102.16
Working Capital Days 83.65 84.29
ROCE % 19.10%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
68.48 68.48 68.48 68.48 68.48 68.48 68.48 68.48 68.48 68.48 68.48 68.48
0.00 0.00 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
31.52 31.52 31.51 31.52 31.52 31.52 31.52 31.52 31.52 31.52 31.52 31.52

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