HPAL

HP Adhesives Ltd.

NSE: HPAL

BSE: 543433

Sector: Chemicals

Industry Group: Chemicals & Petrochemicals

Industry: Specialty Chemicals

34.50-0.5 (-1.43%)

24 Aug, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

27.0 / 100

Value Score

47.2 / 100

Price Momentum Score

25.3 / 100

QVM Score

15.7 / 100

Key Metrics

Market Cap

316.97

P/E (TTM)

168.82

P/B

1.69

P/S (TTM)

1.26

EV/EBITDA

42.45

CAPE (5Y)

25.29

ROE (TTM)

3.75

ROCE (TTM)

3.78

ROA (TTM)

3.03

Avg 3Y ROE

9.02

Earnings 3Y CAGR

-49.21

Sales 3Y CAGR

2.95

Sales 5Y CAGR

16.10

Debt/Equity

0.02

Consensus TP

Strong Buy %

Promoter Holding

71.35

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of HP Adhesives Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.02 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.02 in the last 1 year

What is Debt to Equity?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 168.82 indicates that the stock is expensive on a standalone basis and is at a 543.37% premium to industry median P/E

What is P/E Ratio?

Median: 26.24

Value 168.82

-5.42737.16

Weak price momentum

Price Momentum score of 25.3 indicates that the stock has weak price momentum. Research has shown that stocks with lower momentum continue to underperform in the near term

What is Price Momentum score?

25.3 / 100

Low and declining ROE

The company reported low ROE of 3.75% for 12-month ended 30 Jun 2026 and ROE declined by -657 bps from 1 year ago

What is ROE (FY)?

Low and declining operating margin

The company reported low operating margin of 0.21% for 12-month ended 30 Jun 2026 and operating margin declined by -753 bps from 1 year ago

What is Operating profit margin?

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of -2.63% for 12-month ended 30 Jun 2026 and the growth was 15.49 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 12.86

Value -2.63

-39.32704870

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -89.1% for 12-month ended 30 Jun 2026 and the growth was 105.32 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Neutral

Company's earnings are of moderate quality

Earnings quality score of 63.6 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

63.6 / 100

Moderate dividend yield

The company has a moderate dividend yield of 1.16%

What is Dividend yield?

Financial Snapshot

See detailed analysis

Multi-year trends for HP Adhesives Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

HP Adhesives Ltd. Shareholding Pattern

Quarterly breakdown of HP Adhesives Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35
Indian Promoter	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35	71.35
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	11.79	5.43	5.01	4.65	1.07	0.58	2.19	6.53	4.43	3.97	3.80	3.38	2.89	2.98	1.38	0.02	0.01	0.02	0.01
Mutual Funds / UTI	-	-	-	0.57	0.57	0.57	2.09	3.72	3.72	3.72	3.72	3.28	2.86	2.82	1.34	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	11.79	5.43	5.01	4.08	0.50	0.01	0.10	2.81	0.71	0.25	0.08	0.10	0.03	0.16	0.04	0.02	0.01	0.02	0.01
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Institution	16.87	23.22	23.64	24.00	27.58	28.07	26.46	22.12	24.22	24.68	24.86	25.27	25.76	25.67	27.28	28.63	28.64	28.63	28.64
Bodies Corporate	1.54	2.62	1.95	1.23	2.45	2.64	2.73	1.02	0.96	0.65	0.49	0.50	0.31	0.40	0.37	0.63	0.78	0.90	0.75
Others (incl. Retail) No. of shareholders	15.33 9,951	20.60 25,661	21.69 26,067	22.77 25,892	25.13 25,089	25.43 25,100	23.73 22,854	21.10 26,695	23.26 43,579	24.03 49,819	24.37 51,983	24.77 56,255	25.45 56,777	25.27 57,725	26.91 57,329	28.00 57,030	27.86 55,325	27.73 53,567	27.89 52,486

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in HP Adhesives Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Anjana Motwani Promoter & Director	March-2024	Inter-se Transfer (Disposal) 22nd Mar 2024	36.68 %	₹ 0.00	50.00 lac	₹ 0.00
Karan Motwani Promoter & Director	March-2024	Inter-se Transfer (Disposal) 22nd Mar 2024	34.67 %	₹ 0.00	50.00 lac	₹ 0.00
Nidhi Motwani Promoter Group	March-2024	Inter-se Transfer (Acquisition) 22nd Mar 2024	0.00 %	₹ 0.00	1.00 cr	₹ 0.00

Corporate Actions

History of HP Adhesives Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 0.40/share
Record date: 23rd Sep 2025Ex-date: 23rd Sep 2025
Announced on: 13th May 2025
Dividend₹ 0.30/share
Record date: 13th Sep 2024Ex-date: 13th Sep 2024
Announced on: 14th May 2024
Stock Split1 : 5
Ex-date: 9th Nov 2023Announced on: 4th Sep 2023
Nominal value change from INR 10 to INR 2.

Company Profile

Overview of HP Adhesives Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

HP Adhesives Limited is an India-based company, which is engaged in the manufacturing and distribution of adhesives and sealants along with other ancillary products. The Companys product categories include solvent cement, silicone sealants, contact adhesive, white glue/polyvinyl acetate, epoxy putty...

Key personnel

Mr. Mihir Suresh Shah

Chief Financial Officer

Ms. Swati Talgaonkar

Compliance Officer, Company Secretary

Ms. Jyoti Nikunj Chawda

IR Contact Officer

Mrs. Anjana Haresh MotwaniD

Executive Chairman of the Board

Mr. Karan Haresh MotwaniD

Managing Director, Executive Director

Ms. Nidhi Haresh MotwaniD

Executive Director

Mr. Rajendra Kumar JainD

Non-Executive Independent Director

Mr. Surendra Kumar MehtaD

Non-Executive Independent Director

View all

Incorporated on

01 Jan 1987

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

27 Dec 2021

Free Float

2,63,24,060

Address

Frequently Asked Questions

What is the current share price of HP Adhesives Ltd.?

The current share price of HP Adhesives Ltd. is ₹ 34.50 as of 24 Aug 2026.

What is the market capitalisation of HP Adhesives Ltd.?

The market capitalisation of HP Adhesives Ltd. stands at ₹ 316.97 Cr.

What is the PE ratio of HP Adhesives Ltd.?

The Price-to-Earnings (PE) ratio of HP Adhesives Ltd. is 168.82 as of the latest trailing twelve months data.

What is the ROE and ROCE of HP Adhesives Ltd.?

HP Adhesives Ltd. has a Return on Equity (ROE) of 3.75% and a Return on Capital Employed (ROCE) of 3.78% as per the latest financial reports.

What is the 52-week high and low of HP Adhesives Ltd.?

The 52-week high of HP Adhesives Ltd. is - and the 52-week low is -.

What is the dividend yield of HP Adhesives Ltd.?

The dividend yield of HP Adhesives Ltd. is 1.16% based on the current market price.

What is the FII and DII holding in HP Adhesives Ltd.?

Foreign Institutional Investors (FII) hold 0.01%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 27.89% of HP Adhesives Ltd. shares.

What sector does HP Adhesives Ltd. belong to?

HP Adhesives Ltd. operates in the Chemicals sector.

What is the beta of HP Adhesives Ltd.?

The beta of HP Adhesives Ltd. is 1.24, indicating its price volatility relative to the broader market. Over the past 1 year, HP Adhesives Ltd. has delivered an absolute return of -25.00%.

What is the RSI of HP Adhesives Ltd.?

The 14-day Relative Strength Index (RSI) of HP Adhesives Ltd. is 48.06, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

HP Adhesives Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

HP Adhesives Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile

Corporate Actions