HP Adhesives Limited

Chemicals · Chemicals & Petrochemicals

NSE: HPAL BSE: 543433
₹33.83
Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Chemicals & Petrochemicals

The largest companies in the same industry by market cap. This company ranks #126 of 221. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

CompanyMarket cap (₹ Cr)PE (TTM)ROE1Y returnDiv. yieldQualityValuationMomentum
Solar Industries India Limited 178,265 137.1 26.5% 47.3% — 95 7 50
Pidilite Industries Limited 149,114 58.1 22.4% -0.7% 0.78% 91 0 27
SRF Limited 73,291 38.7 13.1% -14.9% 0.40% 73 8 14
Linde India Limited 53,925 98.3 12.9% 0.9% 0.06% 74 0 50
Gujarat Fluorochemicals Limited 48,392 69.5 7.3% 18.6% 0.07% 75 0 30
Navin Fluorine International Limited 42,290 74.7 16.7% 78.1% — 83 33 48
Himadri Speciality Chemical Limited 34,198 43.0 15.9% 51.2% 0.12% 84 25 67
Aether Industries Limited 22,552 123.9 8.9% 125.9% — 81 0 85
HP Adhesives Limited (this stock) 311 169.2 3.7% -29.7% — 34 43 14

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value
₹313 Cr
EV / EBITDA
35.3x
EV / Sales
1.25x
Market cap / Sales
1.24x
Earnings yield
0.59%

Quarterly Financials

↓ Negative
Quarterly Revenue

Jun 2026 quarterly revenue is Rs 64 Cr, down 4.2% YoY.

Period endRevenue (₹ Cr)PBT (₹ Cr)Net profit (₹ Cr)Basic EPS
June 30, 2026 63 -1 -1 ₹-0.0900
March 31, 2026 58 -5 -2 ₹-0.2600
Dec. 31, 2025 65 2 1 ₹0.1600
Sept. 30, 2025 65 5 4 ₹0.3900
June 30, 2025 66 6 4 ₹0.4600
March 31, 2025 66 5 4 ₹0.4500
Dec. 31, 2024 66 5 4 ₹0.4300
Sept. 30, 2024 59 5 4 ₹0.4500
June 30, 2024 61 7 6 ₹0.6100
March 31, 2024 59 8 6 ₹0.6100
Dec. 31, 2023 55 7 5 ₹0.5700
Sept. 30, 2023 63 7 5 ₹0.5700
June 30, 2023 59 6 5 ₹2.4600

Quarterly income statement (standalone, ₹ Cr)

IndicatorJun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23
Total income (before exceptional items)64586666676867596260556360
Operating revenue63586565666666596159556359
Other income1111111011111
Operating expenses64616159606160525350475553
Operating profit-0-446766689876
Operating profit margin-0.3%-6.5%5.9%9.8%10.0%8.5%9.1%11.0%12.5%14.9%14.2%11.7%10.3%
Depreciation1121111111111
Interest1111111101000
Exceptional items, gain / (loss)——-0-0———————0—
Profit before tax-1-525655578776
Tax-0-311112122221
Net profit——1——44466555
EPS-0.09-0.260.160.390.460.450.430.450.610.610.570.572.46
Net profit (TTM)—————1819212221191714
EPS (TTM)0.200.751.461.731.791.942.102.242.364.215.716.837.63

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year endedRevenue (₹ Cr)PBT (₹ Cr)Net profit (₹ Cr)
March 31, 2026 249 7 7
March 31, 2025 251 23 18
March 31, 2024 236 28 21
March 31, 2023 233 15 11

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

IndicatorCAGR 3YCAGR 5YMar 26Mar 25Mar 24Mar 23
Total income (before exceptional items) 2.2% — 252†256†239†236†
Operating revenue 2.2% — 249251236233
Other income — — 3†4†3†3†
Operating expenses — — 241†226†206†214†
Operating profit -25.0% — 8†26†30†19†
Operating profit margin — — 3.2%†10.2%†12.8%†8.2%†
Depreciation — — 6†5†4†3†
Interest — — 3†2†1†2†
Exceptional items, gain / (loss) — — -1†0†0†-1†
Profit before tax -21.6% — 7232815
Tax — — 0†5†8†4†
Net profit -14.1% — 7182111
EPS -49.8% — 0.75†1.94†4.21†5.92†

† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

RatioMar 26Mar 25Mar 24Mar 23
Operating margin3.2%†10.2%†12.8%†8.2%†
EBIT margin4.0%†10.1%†12.4%†7.4%†
PBT margin2.9%9.2%11.9%6.5%
Net margin2.8%7.1%8.7%4.7%
Interest coverage3.72x†11.78x†24.79x†7.56x†
Dividend payout————
Earnings retention————
Current ratio3.53x3.52x——
Quick ratio2.36x2.16x——
Debt to equity0.02x0.03x——
Return on equity3.7%9.7%——
Return on assets3.0%7.8%——
Return on capital employed5.3%†13.6%†——
Asset turnover1.07x1.10x——

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year endedOperating (₹ Cr)Investing (₹ Cr)Financing (₹ Cr)Capex (₹ Cr)Free Cash Flow (₹ Cr)
March 31, 2026 7 -2 -8 13 -6
March 31, 2025 10 -9 2 14 -4
March 31, 2024 23 -15 -7 16 6
March 31, 2023 -5 8 -12 16 -21
March 31, 2022 -10 -29 86 17 -28

Balance Sheet (standalone)

Year endedTotal Assets (₹ Cr)Total Equity (₹ Cr)Reserves (₹ Cr)Borrowings, Current (₹ Cr)Borrowings, Non-current (₹ Cr)Current Assets (₹ Cr)Current Liabilities (₹ Cr)Cash & Equivalents (₹ Cr)Net Block (₹ Cr)Inventory (₹ Cr)
March 31, 2026 232 187 169 3 0 152 43 1 71 50
March 31, 2025 228 184 166 6 0 145 41 3 71 56
March 31, 2024 — — — — — — — — — —
March 31, 2023 — — — — — — — — — —
March 31, 2022 — — — — — — — — — —

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.