Hind.Adhesive

Why is Hindustan Adhesives Ltd falling/rising?

As of 31-Aug, Hindustan Adhesives Ltd's stock price is falling to 348.90, down 0.88%. Despite trading above longer-term moving averages, it shows short-term weakness and declining investor participation.

As of 31-Aug, Hindustan Adhesives Ltd's stock price is falling, currently at 348.90, which reflects a decrease of 3.1 points or 0.88%. The stock opened the day with a loss of 2.27% and reached an intraday low of Rs 344. Additionally, the stock has shown a decline of 2.17% over the past week, while the benchmark Sensex has only decreased by 0.53% during the same period. <BR><BR>Investor participation appears to be decreasing, as evidenced by a delivery volume of 2.71 k on 28 August, which is down by 17.7% compared to the 5-day average delivery volume. Although the stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, it is below its 5-day moving average, indicating a short-term weakness. These factors collectively contribute to the downward movement of Hindustan Adhesives Ltd's stock price.

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, including Amit Kumar, Sudeep Pande, Pawan Kumar Gupta, and Ravi Kumar Aggarwal, along with Amit Kumar Jha as Company Secretary & Compliance Officer.

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>If you have any more questions about the company or its operations, feel free to ask!

What does Hind.Adhesive do?

Hindustan Adhesives Ltd is a micro-cap specialty adhesive coating company established in 1988, with recent quarterly net sales of 80 Cr and a net profit of 11 Cr. Key financial metrics include a P/E ratio of 8.00 and a market cap of INR 178 Cr.

Overview:<BR>Hindustan Adhesives Ltd is a Specialty Adhesive Coating Company operating in the Plastic Products - Industrial sector, classified as a micro-cap.<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 profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 80 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 11 Cr (Quarterly Results - Jun 2026) <BR>Market cap: INR 178 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 8.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 1.10 <BR>Return on Equity: 15.08% <BR>Price to Book: 1.65 <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?

Peers of Hind.Adhesive include JUJHAR LOGISTICS, Ecoplast, and Caprihans India, among others. Hind.Adhesive has the highest 1-year return at 10.15%, while Captain Pipes has the lowest at -39.21%.

Peers: The peers of Hind.Adhesive are JUJHAR LOGISTICS, Ecoplast, Caprihans India, Tainwala Chem., Candour Techtex, B. D. Industries, Bright Brothers, Texmo Pipes, and Captain Pipes.<BR><BR>Quality Snapshot: Excellent management risk is observed at B. D. Industries, while Average management risk is found at JUJHAR LOGISTICS, Ecoplast, Bright Brothers, and the rest. Below Average management risk is present at Caprihans India, Tainwala Chem., Texmo Pipes, Captain Pipes, and the rest. Growth is Excellent at JUJHAR LOGISTICS, Good at Hind.Adhesive, Ecoplast, and Bright Brothers, while Below Average growth is seen at Caprihans India, Tainwala Chem., Candour Techtex, Texmo Pipes, Captain Pipes, and the rest. Capital Structure is Good at B. D. Industries and Ecoplast, Below Average at Hind.Adhesive, Caprihans India, Tainwala Chem., Candour Techtex, Bright Brothers, Captain Pipes, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Hind.Adhesive at 10.15%, while the peer with the lowest is Captain Pipes at -39.21%. Hind.Adhesive's 1-year return is significantly higher than Captain Pipes. Additionally, Candour Techtex and Captain Pipes have negative six-month returns.

How big is Hind.Adhesive?

As of 31st August, Hindustan Adhesives Ltd has a market capitalization of 178.00 Cr, with recent net sales of 269.02 Cr and a net profit of 21.79 Cr.

As of 31st August, Hindustan Adhesives Ltd has a market capitalization of 178.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 269.02 Cr and a Net Profit of 21.79 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 91.10 Cr and Total Assets of 258.67 Cr.

Which are the latest news on Hind.Adhesive?

Should I buy, sell or hold Hindustan Adhesives Ltd?

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.