HP Adhesives Ltd

HP Adhesives Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

HP Adhesives Ltd

₹ 50.9 -0.25%
06 Jun - close price
hpadhesives.com BSE: 543433 NSE: HPAL
About

Incorporated in 2021, HP Adhesives Ltd manufactures and distributes adhesives
and sealants along with other ancillary
products[1]

Key Points

Business Overview:[1]
HPAL manufactures solvent cements, synthetic rubber adhesives and PVA adhesives, silicone sealants and gasket shellac & also trades in Ball Valves, PTFE and Masking Tape

Website BSE NSE
  • Market Cap ₹ 466 Cr.
  • Current Price ₹ 50.9
  • High / Low ₹ 108 / 42.6
  • Stock P/E 25.6
  • Book Value ₹ 20.1
  • Dividend Yield 0.59 %
  • ROCE 14.2 %
  • ROE 10.3 %
  • Face Value ₹ 2.00
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Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 2.54 times its book value

* 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

Commodities Chemicals Chemicals & Petrochemicals Specialty Chemicals

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
59.32 62.60 54.75 59.31 60.52 58.93 66.65 66.83
53.04 55.26 46.97 50.50 52.98 52.40 60.40 61.06
Operating Profit 6.28 7.34 7.78 8.81 7.54 6.53 6.25 5.77
OPM % 10.59% 11.73% 14.21% 14.85% 12.46% 11.08% 9.38% 8.63%
0.98 1.04 0.62 0.88 1.48 0.19 1.32 1.53
Interest 0.37 0.21 0.18 0.56 0.47 0.51 0.58 0.59
Depreciation 1.03 1.08 1.11 1.08 1.13 1.16 1.18 1.25
Profit before tax 5.86 7.09 7.11 8.05 7.42 5.05 5.81 5.46
Tax % 22.87% 26.09% 26.72% 30.43% 24.26% 17.43% 27.71% 21.98%
4.51 5.24 5.21 5.61 5.61 4.17 4.21 4.25
EPS in Rs 0.49 0.57 0.57 0.61 0.61 0.45 0.46 0.46
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025
236 253
205 227
Operating Profit 31 26
OPM % 13% 10%
4 5
Interest 2 2
Depreciation 4 5
Profit before tax 28 24
Tax % 27% 23%
21 18
EPS in Rs 2.24 1.99
Dividend Payout % 13% 20%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 7%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -11%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -12%
1 Year: -47%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025
Equity Capital 18 18
Reserves 151 166
3 8
26 36
Total Liabilities 198 228
52 73
CWIP 16 4
Investments 18 25
111 126
Total Assets 198 228

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025
22 10
-15 -9
-6 2
Net Cash Flow 0 2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025
Debtor Days 56 60
Inventory Days 118 130
Days Payable 40 53
Cash Conversion Cycle 134 137
Working Capital Days 137 157
ROCE % 14%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
71.35% 71.35% 71.35% 71.35% 71.35% 71.35% 71.35% 71.35% 71.35% 71.35% 71.35% 71.35%
5.01% 4.08% 0.50% 0.01% 0.10% 2.81% 0.71% 0.25% 0.08% 0.10% 0.03% 0.16%
0.00% 0.57% 0.57% 0.57% 2.09% 3.72% 3.72% 3.72% 3.72% 3.28% 2.86% 2.82%
23.64% 23.99% 27.58% 28.06% 26.47% 22.12% 24.22% 24.68% 24.86% 25.28% 25.76% 25.66%
No. of Shareholders 26,11625,95225,14725,15222,91226,75743,68049,90952,08156,36956,88157,835

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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Credit ratings

Concalls

  • Sep 2023
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