HP Adhesives

What does HP Adhesives do?

HP Adhesives Ltd is a micro-cap company in the specialty chemicals industry, established in 1987 and publicly listed since 2021. As of March 2025, it reported net sales of 67 Cr and a net profit of 4 Cr, with a market cap of Rs 469 Cr.

Overview:<BR>HP Adhesives Ltd operates in the specialty chemicals industry and is classified as a micro-cap company.<BR><BR>History:<BR>HP Adhesives Limited was originally established as a Partnership Firm under the name M/s. H.P. International on January 1, 1987. It transitioned to a Private Limited Company named HP Adhesives Private Limited on May 7, 2019, and later became a Public Limited Company, adopting the name HP Adhesives Limited on July 1, 2021. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 67 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 4 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 469 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 26.00<BR>- Industry P/E: 47<BR>- Dividend Yield: 0.59%<BR>- Debt Equity: -0.09<BR>- Return on Equity: 10.13%<BR>- Price to Book: 2.67<BR><BR>Contact Details:<BR>Details: No Company Details Available<BR>Registrar Address: Not available.

Who are in the management team of HP Adhesives?

As of March 2021, the management team of HP Adhesives includes Anjana Motwani (Chairperson/Executive Director), Karan Haresh Motwani (Managing Director), and four Independent Directors: Rajendra Kumar Jain, Surendra Kumar Mehta, and Ajeet Anant Walavalkar, along with Company Secretary Jyoti Nikunj Chawda and Executive Director Nidhi Motwani. This team oversees the company's operations and strategic direction.

As of March 2021, the management team of HP Adhesives includes the following individuals:<BR><BR>1. Anjana Motwani - Chairperson / Executive Director<BR>2. Karan Haresh Motwani - Managing Director<BR>3. Rajendra Kumar Jain - Independent Director<BR>4. Surendra Kumar Mehta - Independent Director<BR>5. Ajeet Anant Walavalkar - Independent Director<BR>6. Jyoti Nikunj Chawda - Company Secretary<BR>7. Nidhi Motwani - Executive Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Has HP Adhesives declared dividend?

HP Adhesives Ltd has declared a 15% dividend, amounting to ₹0.3 per share, with an ex-date of September 13, 2024. Despite this, the company has experienced significant price declines over various periods, resulting in negative total returns.

HP Adhesives Ltd has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 0.3<BR>- Ex-date: 13 Sep 2024<BR><BR>Dividend Yield: 0.59%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -40.54%, with a dividend return of 0%, resulting in a total return of -40.54%.<BR><BR>Over the past year, the price return was -46.57%, the dividend return was 0.31%, leading to a total return of -46.26%.<BR><BR>In the 2-year period, the price return was -41.75%, the dividend return was 0.34%, culminating in a total return of -41.41%.<BR><BR>For the 3-year period, the price return was -32.12%, the dividend return was 0.43%, resulting in a total return of -31.69%.<BR><BR>In the 4-year period, the price return was 0%, the dividend return was 0%, and the total return was 0.0%.<BR><BR>Lastly, over the 5-year period, the price return was 0%, the dividend return was 0%, and the total return was also 0.0%.<BR><BR>Overall, while HP Adhesives has declared a dividend, the total returns over various periods indicate significant declines in price, with only modest contributions from dividends. The company appears to be facing challenges reflected in its negative price returns.

Who are the peers of the HP Adhesives?

HP Adhesives' peers include Pidilite Industries, SRF, Gujarat Fluoroch, Deepak Nitrite, Himadri Special, Nikhil Adhesives, Vikas Ecotech, Multibase India, Titan Biotech, and Diamines & Chem. While HP Adhesives shows average management risk and good growth, it has the lowest 1-year return among its peers at -47.38%.

Peers: The peers of HP Adhesives are Pidilite Inds., SRF, Gujarat Fluoroch, Deepak Nitrite, Himadri Special, Nikhil Adhesives, Vikas Ecotech, Multibase India, Titan Biotech, and Diamines & Chem.<BR><BR>Quality Snapshot: Excellent management risk is observed at Pidilite Inds., SRF, Deepak Nitrite, Nikhil Adhesives, and Titan Biotech, while Good management risk is found at Himadri Special and the rest. Average management risk is noted at Gujarat Fluoroch, HP Adhesives, Vikas Ecotech, and Multibase India. Below Average growth is seen at Gujarat Fluoroch, Deepak Nitrite, Nikhil Adhesives, Vikas Ecotech, and Titan Biotech, while Average growth is noted at Pidilite Inds. and SRF, and Good growth is observed at Himadri Special and HP Adhesives. Excellent capital structure is present at Pidilite Inds., SRF, Deepak Nitrite, and HP Adhesives, while Good capital structure is noted at Himadri Special, Nikhil Adhesives, and the rest.<BR><BR>Return Snapshot: Himadri Special has the highest 1-year return at 40.95%, while HP Adhesives has the lowest at -47.38%, indicating a significant negative performance compared to its peers. Additionally, several peers, including Deepak Nitrite, Vikas Ecotech, Titan Biotech, and Diamines & Chem., have negative six-month returns.

What is the technical trend for HP Adhesives?

As of April 15, 2025, HP Adhesives shows a mildly bearish trend overall, influenced by bearish moving averages and Bollinger Bands, despite some mixed signals from the weekly MACD.

As of 15 April 2025, the technical trend for HP Adhesives has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals. The Bollinger Bands are bearish on both weekly and monthly time frames, and moving averages indicate a bearish trend on the daily chart. The KST is bearish on the weekly, and the OBV shows a mildly bearish trend on both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and Bollinger Bands, despite some mildly bullish signals in the weekly MACD and Dow Theory.

Who are the top shareholders of the HP Adhesives?

The top shareholders of HP Adhesives include Anjana H. Motwani, who holds 31.24%, and individual investors with 24.07%. Institutional investors, including Quant Mutual Fund, hold a combined 1.34%, while foreign institutional investors have a minimal stake of 0.04%.

The top shareholders of HP Adhesives include the promoters, with Anjana H. Motwani holding the highest individual stake at 31.24%. Additionally, individual investors collectively own 24.07% of the company. On the institutional side, mutual funds hold 1.34% through one scheme, while foreign institutional investors (FIIs) have a minimal stake of 0.04% across three entities. The highest public shareholder is Quant Mutual Fund, specifically through the Quant Small Cap Fund, which holds 1.34%.

How big is HP Adhesives?

As of 24th July, HP Adhesives Ltd has a market capitalization of 466.00 Cr, with recent net sales of 252.93 Cr and a net profit of 18.24 Cr. The company reported shareholder's funds of 168.89 Cr and total assets of 197.68 Cr for the annual period ending in March 2024.

As of 24th July, HP Adhesives Ltd has a market capitalization of 466.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, HP Adhesives reported Net Sales of 252.93 Cr and a Net Profit of 18.24 Cr.<BR><BR>For the latest annual period ending in March 2024, the company had Shareholder's Funds of 168.89 Cr and Total Assets amounting to 197.68 Cr.

Are HP Adhesives latest results good or bad?

HP Adhesives' latest results are unfavorable, with a 24.78% decline in Profit After Tax and negative growth in net sales and consolidated net profit. Market sentiment is cautious, leading to a 'Sell' call from MarketsMOJO.

HP Adhesives' latest financial results indicate a challenging period for the company. For the quarter ending June 2025, the company reported a Profit After Tax (PAT) of Rs 8.44 crore, which represents a significant decline of 24.78% year-on-year. This decline suggests difficulties in maintaining profitability.<BR><BR>Additionally, the company's net sales and consolidated net profit showed negative growth compared to the previous quarter, with net sales decreasing by 1.09% and consolidated net profit down by 1.41%. The overall financial performance has been flat, with the performance score improving slightly but still indicating underlying issues.<BR><BR>Given these factors, the market sentiment appears to be cautious, as reflected by MarketsMOJO's 'Sell' call on HP Adhesives. Stakeholders will likely be keeping a close eye on the company's performance in the upcoming quarters to see if it can address these challenges. Overall, the results can be characterized as unfavorable.

When is the next results date for HP Adhesives?

The next results date for HP Adhesives is 12 November 2025.

The next results date for HP Adhesives is scheduled for 12 November 2025.

Is HP Adhesives overvalued or undervalued?

As of November 7, 2025, HP Adhesives is considered overvalued with a PE ratio of 26.85 and an attractive valuation grade, despite being lower than peers like Solar Industries and Gujarat Fluoroch, while its year-to-date return of -39.94% significantly underperforms the Sensex's gain of 6.50%.

As of 7 November 2025, HP Adhesives has moved from a very attractive to an attractive valuation grade. The company is currently considered overvalued. Key ratios include a PE ratio of 26.85, an EV to EBITDA of 17.15, and a ROE of 9.90%. <BR><BR>When compared to peers, HP Adhesives' PE ratio is significantly lower than Solar Industries at 97.45 and Gujarat Fluoroch at 63.86, which are both categorized as very expensive. However, it is higher than Godrej Industries, which has a PE of 35.95 and is also rated as attractive. The company's recent stock performance has been underwhelming, with a year-to-date return of -39.94%, contrasting sharply with the Sensex's gain of 6.50% during the same period, reinforcing the perception of overvaluation.

How has been the historical performance of HP Adhesives?

HP Adhesives showed mixed financial performance from March 2024 to March 2025, with net sales increasing to 252.87 Cr but declines in operating profit, profit before tax, and profit after tax. Despite growth in sales, profitability metrics and cash flow from operations decreased.

Answer:<BR>The historical performance of HP Adhesives shows a mixed trend in its financial metrics from March 2024 to March 2025.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, HP Adhesives reported net sales of 252.87 Cr, an increase from 235.91 Cr in the previous year. Total operating income also rose to 252.87 Cr from 235.91 Cr. However, the total expenditure increased significantly to 226.85 Cr from 205.21 Cr, leading to a decline in operating profit (PBDIT) to 30.60 Cr from 34.07 Cr. Consequently, profit before tax decreased to 23.73 Cr from 28.12 Cr, and profit after tax fell to 18.24 Cr from 20.57 Cr. The earnings per share (EPS) also declined to 1.99 from 2.24. On the balance sheet, total liabilities increased to 228.08 Cr from 197.51 Cr, while total assets rose to the same figure, indicating a stable asset-liability position. Cash flow from operating activities decreased to 9.00 Cr from 21.00 Cr, but the company managed a net cash inflow of 2.00 Cr compared to no inflow the previous year. Overall, while HP Adhesives experienced growth in sales and total income, profitability metrics and cash flow from operations showed a downward trend.

Should I buy, sell or hold HP Adhesives?

Why is HP Adhesives Ltd falling/rising?

As of 02-Feb, HP Adhesives Ltd's stock price is declining, currently at 37.69, reflecting a significant drop of -11.94% over the past month and -44.70% over the past year, alongside decreased investor interest and disappointing financial results. The stock is trading below all major moving averages, indicating a persistent downward trend.

As of 02-Feb, HP Adhesives Ltd's stock price is falling, currently at 37.69, which reflects a change of -0.84 or -2.18%. The stock has been underperforming, having lost -2.91% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock's performance over the past month shows a significant decline of -11.94%, compared to a lesser drop of -4.78% in the Sensex.<BR><BR>Investor participation has also decreased, with delivery volume falling by -28.39% against the 5-day average, indicating reduced interest in trading the stock. Over the past year, HP Adhesives has generated a return of -44.70%, while its profits have decreased by -21.8%. This poor performance is compounded by a flat operating profit growth rate of 16.27% over the last five years and a recent PAT growth of -20.69%. Overall, the combination of declining stock performance, reduced investor interest, and disappointing financial results contributes to the stock's current downward trend.

Which are the latest news on HP Adhesives?