HP Adhesives Peer Comparison

NSE: HPAL | BSE: 543433

₹33.90

₹0.40 (1.19%)

As on 09-Oct-2026IST

Market cap

₹312 Cr

Revenue (TTM)

₹252 Cr

P/E Ratio

166.4

P/B Ratio

1.7

Div. Yield

1.2 %

Edit

	HP Adhesives	Jyoti Resins	Nikhil Adhesives	Hindustan Adhesive	Sonal Adhesives
Market cap (₹ Cr)	312	1,008	356	194	25
Revenue (₹ Cr)	252	327	619	269	126
Net Profit (₹ Cr)	1.88	64.36	20.29	21.79	1.15
Net Margin (%)	0.74	18.98	3.27	7.97	0.91
RoE (%)	1.31	23.76	14.61	23.72	13.51
Price to Earnings	166.42	15.67	17.52	8.92	21.75
Price-To-Book	1.67	3.55	2.32	1.63	2.37

Income Statement (₹ Cr)

	HP Adhesives	Jyoti Resins	Nikhil Adhesives	Hindustan Adhesive	Sonal Adhesives
Operating Revenue	249.28	314.74	584.59	255.57	110.26
Total Income	252.87	326.31	585.15	260.35	111.60
Total Expenditure	236.19	229.74	547.54	219.47	107.14
EBITDA	13.08	85.00	37.05	36.10	3.12
Depreciation	5.83	1.92	7.08	11.95	0.74
EBIT	7.26	83.08	29.97	24.15	2.38
Interest	2.67	0.13	8.12	7.50	1.29
Other Income	3.60	11.58	0.57	4.78	1.34
Exceptional Items	-0.81	--	--	-1.51	--
Profit before Tax	7.38	94.52	22.42	19.92	2.43
Provision for Tax	0.40	24.54	5.56	5.02	0.66
Profit after Tax	6.98	69.98	16.86	14.89	1.76

	HP Adhesives	Jyoti Resins	Nikhil Adhesives	Hindustan Adhesive	Sonal Adhesives
Shareholder's Funds	187.75	288.77	129.78	108.85	8.97
Minority Interest	--	--	--	-0.62	--
Non-Current Liabilities	0.69	8.18	36.80	41.35	2.95
Current Liabilities	43.09	128.65	156.41	141.84	28.42
Total Liabilities	232.10	425.59	322.98	292.04	40.34

	HP Adhesives	Jyoti Resins	Nikhil Adhesives	Hindustan Adhesive	Sonal Adhesives
Non-Current Assets	77.38	59.42	97.54	168.04	14.13
Current Assets	154.14	366.17	225.44	123.99	26.21
Total Assets	232.10	425.59	322.98	292.04	40.34
Total Debt*	3.26	0.00	56.44	102.16	10.09
Net Current Assets	111.05	237.53	69.03	-17.85	-2.21
Contingent Liabilities	2.97	0.12	0.17	44.64	0.21

	HP Adhesives	Jyoti Resins	Nikhil Adhesives	Hindustan Adhesive	Sonal Adhesives
Cash From Operating Activities	7.08	48.06	6.90	31.13	6.90
Cash Flow from Investing Activities	-1.55	-37.45	-10.29	-19.43	-9.06
Cash from Financing Activities	-7.78	-10.90	-3.32	-11.25	1.49
Net Cash Inflow / Outflow	-2.25	-0.28	-6.71	0.45	-0.67

	HP Adhesives	Jyoti Resins	Nikhil Adhesives	Hindustan Adhesive	Sonal Adhesives
ROCE (%)	5.27	39.08	17.40	13.43	22.14
ROE (%)	3.75	28.89	13.83	14.85	21.82
ROA (%)	3.04	17.52	5.45	5.41	4.81
EBIT Margin (%)	6.69	30.68	6.43	15.99	4.04
Net Margin (%)	2.76	21.45	2.88	5.72	1.58
Cash Profit Margin (%)	5.14	22.84	4.09	10.50	2.27

	HP Adhesives	Jyoti Resins	Nikhil Adhesives	Hindustan Adhesive	Sonal Adhesives
Revenue Growth (%)	-0.21	10.77	3.61	-10.27	9.55
EBIT Growth (%)	-45.48	-3.87	20.88	5.54	15.45
Net Profit Growth (%)	-61.76	-5.27	27.23	-3.21	-4.83
EPS Growth (%)	-60.65	-5.27	27.23	10.62	-4.83
Book Value Growth (%)	1.88	28.01	13.85	18.67	24.37

	HP Adhesives	Jyoti Resins	Nikhil Adhesives	Hindustan Adhesive	Sonal Adhesives
Price / Earnings	34.59	12.07	23.77	8.41	14.75
Price / Book Value	1.32	3.10	3.09	1.31	2.90
Dividend Yield (%)	1.49	1.28	0.25	0.00	0.00
EV/EBITDA	14.51	7.51	12.00	5.94	8.10
Market Cap (₹ Cr)	246.96	844.44	400.73	142.96	26.02

	HP Adhesives	Jyoti Resins	Nikhil Adhesives	Hindustan Adhesive	Sonal Adhesives
Debt to Equity	0.02	0.00	0.43	0.94	1.13
Short term debt to equity ratio	0.02	--	0.18	0.77	0.70
Current Ratio	3.58	2.85	1.44	0.87	0.92
Quick Ratio	2.41	2.78	0.88	0.42	0.47
Interest Coverage	3.77	704.26	3.76	3.66	2.88

	HP Adhesives	Jyoti Resins	Nikhil Adhesives	Hindustan Adhesive	Sonal Adhesives
Debtors to sales (%)	14.95	50.57	19.38	12.10	10.36
Asset Turnover	1.08	0.79	1.89	0.93	3.00
Receivable days	57.84	165.08	66.80	41.56	35.54
Inventory Days	78.34	8.92	51.22	92.64	39.80
Payable days	60.06	56.04	76.71	98.61	56.19
Cash Conversion Cycle	76.12	117.96	41.31	35.59	19.16

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.