Hind.Adhesive

Why is Hindustan Adhesives Ltd falling/rising?

As of 30-Aug, Hindustan Adhesives Ltd's stock price is at Rs 352.00, reflecting a 1.25% increase and a strong performance with a 39.13% gain over the past month. Despite a decline in investor participation, the stock has shown resilience year-to-date and over the past year, outperforming the Sensex.

As of 30-Aug, Hindustan Adhesives Ltd's stock price is rising, currently at Rs 352.00, reflecting a change of Rs 4.35 or 1.25% increase. This upward movement can be attributed to a strong performance over the past month, where the stock has gained 39.13%, significantly outperforming the Sensex, which only increased by 0.65% during the same period. <BR><BR>Additionally, the stock has shown resilience year-to-date, with a 9.35% increase compared to a decline of 9.34% in the Sensex. Over the past year, Hindustan Adhesives Ltd has also outperformed the benchmark, rising by 12.10% while the Sensex fell by 3.52%. <BR><BR>Today's trading activity indicates that the stock outperformed its sector by 0.63%, and it reached an intraday high of Rs 383.8, marking a notable increase of 10.4%. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 66.56% against the 5-day average, which could indicate some caution among investors. Despite this, the overall positive trends in the stock's performance over various time frames contribute to its current rise.

Which are the latest news on Hind.Adhesive?

Should I buy, sell or hold Hindustan Adhesives Ltd?

Who are in the management team of Hind.Adhesive?

The management team of Hind.Adhesive includes M S Bagla (Managing Director), Suresh Sridhar Ajila and Ashok Kumar Pathak (Whole-time Directors), Urmia Goenka (Executive Director), and several Non-Executive & Independent Directors, along with Amit Kumar Jha as Company Secretary & Compliance Officer. They oversee the company's operations and strategic direction.

The management team of Hind.Adhesive includes the following individuals:<BR><BR>1. **M S Bagla** - Managing Director<BR>2. **Suresh Sridhar Ajila** - Whole-time Director<BR>3. **Urmia Goenka** - Executive Director<BR>4. **Ashok Kumar Pathak** - Whole-time Director<BR>5. **Amit Kumar** - Non-Executive & Independent Director<BR>6. **Sudeep Pande** - Non-Executive & Independent Director<BR>7. **Pawan Kumar Gupta** - Non-Executive & Independent Director<BR>8. **Ravi Kumar Aggarwal** - Independent Director<BR>9. **Amit Kumar Jha** - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does Hind.Adhesive do?

Hindustan Adhesives Ltd is a specialty adhesive coating company in the industrial plastic products sector, with a market cap of INR 140 Cr and reported net sales of 58 Cr and net profit of 1 Cr for the quarter ending March 2026. Established in 1988, it has a P/E ratio of 9.00 and a debt-equity ratio of 1.10.

Overview:<BR>Hindustan Adhesives Ltd is a Specialty Adhesive Coating Company operating in the Plastic Products - Industrial industry within the micro-cap market segment.<BR><BR>History:<BR>Hindustan Adhesives Ltd was established in April 1988 and has progressively expanded its operations. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 58 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 140 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 9.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.10 <BR>Return on Equity: 15.08% <BR>Price to Book: 1.27 <BR><BR>Contact Details:<BR>Address: B-2/8 Safdarjung Enclave, New Delhi, New Delhi: 110029 <BR>Website: http://www.hindustanadhesives.net

Who are the peers of the Hind.Adhesive?

Hind.Adhesive's peers include Tainwala Chem., Caprihans India, Candour Techtex, B. D. Industries, Captain Pipes, Bright Brothers, National Plastic, Texmo Pipes, and Rungta Irrigatn. In terms of management risk, growth, and capital structure, B. D. Industries and Rungta Irrigatn. perform the best, while Hind.Adhesive shows average management risk and below average capital structure.

Peers: The peers of Hind.Adhesive are Tainwala Chem., Caprihans India, Candour Techtex, B. D. Industries, Captain Pipes, Bright Brothers, National Plastic, Texmo Pipes, Rungta Irrigatn.<BR><BR>Quality Snapshot: Below Average management risk is observed at Tainwala Chem., Caprihans India, Captain Pipes, and Texmo Pipes, while Average management risk is found at Hind.Adhesive, Candour Techtex, and Bright Brothers. Good management risk is noted at B. D. Industries and National Plastic, while Rungta Irrigatn. has Excellent management risk. In terms of growth, Excellent growth is seen at Rungta Irrigatn., while Good growth is noted at Bright Brothers, Average growth is found at B. D. Industries, Hind.Adhesive, and National Plastic, and Below Average growth is observed at Tainwala Chem., Caprihans India, Candour Techtex, Captain Pipes, and Texmo Pipes. For capital structure, Good capital structure is present at B. D. Industries and Texmo Pipes, while Below Average capital structure is noted at Hind.Adhesive, Tainwala Chem., Caprihans India, Candour Techtex, Captain Pipes, Bright Brothers, National Plastic, and Rungta Irrigatn.<BR><BR>Return Snapshot: The peer with the highest 1-year return is B. D. Industries at 1.34%, while the peer with the lowest is Candour Techtex at -19.90%. Hind.Adhesive's 1-year return of -9.17% is better than Candour Techtex but worse than B. D. Industries. Additionally, the six-month return is negative for Tainwala Chem., Candour Techtex, Captain Pipes, Bright Brothers, National Plastic, and Rungta Irrigatn.

How big is Hind.Adhesive?

As of 14th August, Hindustan Adhesives Ltd has a market capitalization of 143.26 Cr, with recent net sales of 255.57 Cr and a net profit of 14.90 Cr.

As of 14th August, Hindustan Adhesives Ltd has a market capitalization of 143.26 Cr and is classified as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 255.57 Cr and a Net Profit of 14.90 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 91.10 Cr and Total Assets of 258.67 Cr.

When is the next results date for Hindustan Adhesives Ltd?

The next results date for Hindustan Adhesives Ltd is 14 August 2026.

The next results date for Hindustan Adhesives Ltd is scheduled for 14 August 2026.

Are Hindustan Adhesives Ltd latest results good or bad?

Hindustan Adhesives Ltd's latest results are concerning, showing a 79.38% decline in net profit and a 13.83% drop in net sales, marking the lowest revenue in seven quarters. The company faces significant operational challenges, with a heavy reliance on non-operating income, leading to a negative outlook.

The latest results for Hindustan Adhesives Ltd are concerning and indicate a significant deterioration in financial performance. In Q4 FY26, the company reported a net profit of ₹0.93 crores, which represents a staggering decline of 79.38% quarter-on-quarter and 71.82% year-on-year. Net sales also fell by 13.83% from the previous quarter to ₹57.64 crores, marking the lowest revenue in seven quarters. <BR><BR>Operating margins contracted sharply to 11.69%, down from 15.47% in the previous quarter, reflecting challenges in maintaining pricing power amid declining sales. Furthermore, a troubling aspect of the results is that 85.28% of the profit before tax came from non-operating income, indicating that the core business is struggling to generate sustainable profits.<BR><BR>Overall, the financial metrics suggest that Hindustan Adhesives is facing significant operational challenges, with weak demand, rising interest costs, and a concerning reliance on non-operating income to support profitability. These factors contribute to a negative outlook for the company, making the latest results appear quite bad.

How has been the historical performance of Hind.Adhesive?

Hind.Adhesive's historical performance shows declining net sales and operating income from Mar'22 to Mar'25, while operating profit increased and total assets grew significantly. However, profit after tax decreased, and cash flow from investing activities turned negative due to substantial investments.

Answer:<BR>The historical performance of Hind.Adhesive shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Hind.Adhesive's net sales have decreased from 449.08 Cr in Mar'22 to 284.82 Cr in Mar'25, reflecting a downward trend. The total operating income followed a similar pattern, declining from 449.08 Cr in Mar'22 to 284.82 Cr in Mar'25. Raw material costs peaked at 322.86 Cr in Mar'22 but reduced to 160.15 Cr by Mar'25. The operating profit (PBDIT) has shown some volatility, with a notable increase to 38.73 Cr in Mar'25 from 23.61 Cr in Mar'23, while the profit before tax remained relatively stable around 21.46 Cr in Mar'25 compared to 21.85 Cr in Mar'24. Profit after tax also saw a decrease from 16.41 Cr in Mar'24 to 15.39 Cr in Mar'25. The company's total assets grew significantly from 168.05 Cr in Mar'23 to 258.67 Cr in Mar'25, driven by increases in both current and non-current assets. Total liabilities also rose, reaching 258.67 Cr in Mar'25, with long-term borrowings increasing from 17.48 Cr in Mar'24 to 39.77 Cr in Mar'25. Cash flow from operating activities improved to 18.00 Cr in Mar'25, while cash flow from investing activities turned negative at -49.00 Cr, indicating substantial investments. The closing cash and cash equivalents increased to 6.00 Cr in Mar'25 from 2.00 Cr in Mar'24, suggesting improved liquidity.

Who are the top shareholders of the Hind.Adhesive?

The top shareholders of Hind.Adhesive include Madhusudan Bagla with 15.9%, Saphire Hospitality Management Pvt Limited at 4.99%, and individual investors holding 18.68%. There are no pledged promoter holdings, and the company has no mutual funds or foreign institutional investors as shareholders.

The top shareholders of Hind.Adhesive include the promoters, with Madhusudan Bagla holding the highest stake at 15.9%. Additionally, Saphire Hospitality Management Pvt Limited is the highest public shareholder, owning 4.99% of the company. Individual investors collectively hold 18.68% of the shares. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors holding shares.

Is Hind.Adhesive overvalued or undervalued?

As of July 4, 2025, Hind.Adhesive is considered an attractive investment opportunity due to its undervalued status with a PE ratio of 10.90 and strong financial metrics, despite recent underperformance compared to the Sensex.

As of 4 July 2025, Hind.Adhesive's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered undervalued, with a PE ratio of 10.90, an EV to EBITDA ratio of 7.41, and a ROE of 19.00%. In comparison to its peers, Hind.Adhesive's valuation metrics stand out, especially when contrasted with Supreme Industries and Astral, which are deemed very expensive with PE ratios of 56.34 and 76.13, respectively.<BR><BR>Despite recent underperformance relative to the Sensex—with a year-to-date return of -20.20% compared to the Sensex's 6.77%—Hind.Adhesive's financial ratios suggest it remains a compelling investment opportunity within the plastic products industry. The company's solid ROCE of 13.84% further supports its undervalued status, making it an attractive option for investors looking for value in a challenging market environment.

What is the technical trend for Hind.Adhesive?

As of May 15, 2025, Hind.Adhesive's technical trend is mildly bearish, influenced by bearish Bollinger Bands and daily moving averages, despite some mildly bullish signals from the weekly MACD and KST.

As of 15 May 2025, the technical trend for Hind.Adhesive has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish trend. The Bollinger Bands are bearish on both weekly and monthly time frames, and the daily moving averages are also bearish. The KST reflects a mildly bullish trend on the weekly chart but is mildly bearish on the monthly. The Dow Theory shows a mildly bullish trend on the weekly chart, with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish signals from the Bollinger Bands and daily moving averages, despite some mildly bullish indicators on the weekly MACD and KST.

Has Hind.Adhesive declared dividend?

Hindustan Adhesives Ltd declared a 10% dividend, amounting to 1.0000 per share, but currently has a dividend yield of 0%. Total returns have varied significantly, with notable long-term gains despite recent negative price returns.

Hindustan Adhesives Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1.0000<BR>- Ex-date: Nov-21-2016<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -20.74%, the dividend return was 0%, resulting in a total return of -20.74%.<BR><BR>In the 1-year period, the price return was -9.9%, the dividend return was 0%, leading to a total return of -9.9%.<BR><BR>Over the 2-year period, the price return was 81.21%, the dividend return was 0%, which culminated in a total return of 81.21%.<BR><BR>In the 3-year period, the price return was -23.99%, the dividend return was 0%, resulting in a total return of -23.99%.<BR><BR>For the 4-year period, the price return was 81.97%, the dividend return was 0%, leading to a total return of 81.97%.<BR><BR>In the 5-year period, the price return was 409.58%, the dividend return was 0%, culminating in a total return of 409.58%.<BR><BR>Overall, while Hindustan Adhesives Ltd declared a dividend in the past, the current dividend yield is 0%. The total returns have varied significantly over different periods, with notable gains over the longer term despite recent negative price returns.