SPEB Adhesives Peer Comparison

NSE: SPEB

₹75.45

₹0.00 (0.00%)

As on 02-Nov-2026 11:30IST

Market cap

₹170 Cr

Revenue (TTM)

₹51 Cr

P/E Ratio

24.7

P/B Ratio

3

Div. Yield

0 %

Edit

	SPEB Adhesives	Jyoti Resins	Nikhil Adhesives	HP Adhesives	Hindustan Adhesive
Market cap (₹ Cr)	170	1,013	299	285	190
Revenue (₹ Cr)	51	327	619	252	269
Net Profit (₹ Cr)	6.87	64.36	20.29	1.88	21.79
Net Margin (%)	13.35	18.98	3.27	0.74	7.97
RoE (%)	16.93	23.76	14.61	1.31	23.72
Price to Earnings	24.69	15.74	14.72	151.69	8.70
Price-To-Book	3.04	3.57	1.95	1.52	1.59

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	SPEB Adhesives	Jyoti Resins	Nikhil Adhesives	HP Adhesives	Hindustan Adhesive
Operating Revenue	50.57	314.74	553.47	249.28	255.57
Total Income	51.44	326.31	555.82	252.87	260.35
Total Expenditure	41.48	229.74	518.04	236.19	219.47
EBITDA	9.08	85.00	35.43	13.08	36.10
Depreciation	0.62	1.92	7.53	5.83	11.95
EBIT	8.47	83.08	27.91	7.26	24.15
Interest	0.05	0.13	6.35	2.67	7.50
Other Income	0.87	11.58	2.35	3.60	4.78
Exceptional Items	--	--	-0.33	-0.81	-1.51
Profit before Tax	9.29	94.52	23.57	7.38	19.92
Provision for Tax	2.43	24.54	6.21	0.40	5.02
Profit after Tax	6.87	69.98	17.36	6.98	14.89

Liabilities (₹ Cr)

	SPEB Adhesives	Jyoti Resins	Nikhil Adhesives	HP Adhesives	Hindustan Adhesive
Shareholder's Funds	55.75	288.77	145.63	187.75	108.85
Minority Interest	--	--	--	--	--
Non-Current Liabilities	0.10	8.18	19.45	0.69	41.35
Current Liabilities	2.12	128.65	171.56	43.09	141.84
Total Liabilities	57.97	425.59	336.64	232.10	292.04

Assets (₹ Cr)

	SPEB Adhesives	Jyoti Resins	Nikhil Adhesives	HP Adhesives	Hindustan Adhesive
Non-Current Assets	16.63	59.42	93.24	77.38	168.04
Current Assets	41.34	366.17	243.39	154.14	123.99
Total Assets	57.97	425.59	336.64	232.10	292.04
Total Debt*	-0.01	0.00	65.86	3.26	102.16
Net Current Assets	39.21	237.53	71.83	111.05	-17.85
Contingent Liabilities	0.03	0.12	0.09	2.97	44.64

Cashflow (₹ Cr)

	SPEB Adhesives	Jyoti Resins	Nikhil Adhesives	HP Adhesives	Hindustan Adhesive
Cash From Operating Activities	4.74	48.06	-0.48	7.08	31.13
Cash Flow from Investing Activities	-10.51	-37.45	-3.11	-1.55	-19.43
Cash from Financing Activities	24.03	-10.90	1.72	-7.78	-11.25
Net Cash Inflow / Outflow	18.27	-0.28	-1.87	-2.25	0.45

Ratios

Profitability Ratios

	SPEB Adhesives	Jyoti Resins	Nikhil Adhesives	HP Adhesives	Hindustan Adhesive
ROCE (%)	23.03	39.08	15.05	5.27	13.43
ROE (%)	16.93	28.89	12.61	3.75	14.85
ROA (%)	16.11	17.52	5.26	3.04	5.41
EBIT Margin (%)	19.69	30.68	6.83	6.69	15.99
Net Margin (%)	13.35	21.45	3.12	2.76	5.72
Cash Profit Margin (%)	14.80	22.84	4.48	5.14	10.50

Growth Ratios

	SPEB Adhesives	Jyoti Resins	Nikhil Adhesives	HP Adhesives	Hindustan Adhesive
Revenue Growth (%)	12.71	10.77	-5.32	-0.21	-10.27
EBIT Growth (%)	11.68	-3.87	0.44	-45.48	5.54
Net Profit Growth (%)	13.40	-5.27	2.97	-61.76	-3.21
EPS Growth (%)	-11.11	-5.27	2.97	-60.65	10.62
Book Value Growth (%)	119.83	28.01	12.22	1.88	18.67

Valuation Ratios

	SPEB Adhesives	Jyoti Resins	Nikhil Adhesives	HP Adhesives	Hindustan Adhesive
Price / Earnings	16.72	12.07	16.49	34.59	8.41
Price / Book Value	2.06	3.10	1.97	1.32	1.31
Dividend Yield (%)	0.00	1.28	0.35	1.49	0.00
EV/EBITDA	8.55	7.51	9.23	14.51	5.94
Market Cap (₹ Cr)	114.80	844.44	286.31	246.96	142.96

Solvency Ratios

	SPEB Adhesives	Jyoti Resins	Nikhil Adhesives	HP Adhesives	Hindustan Adhesive
Debt to Equity	0.00	0.00	0.45	0.02	0.94
Short term debt to equity ratio	0.00	--	0.31	0.02	0.77
Current Ratio	19.47	2.85	1.42	3.58	0.87
Quick Ratio	17.99	2.78	1.10	2.41	0.42
Interest Coverage	193.76	704.26	4.71	3.77	3.66

Operating Efficiency Ratios

	SPEB Adhesives	Jyoti Resins	Nikhil Adhesives	HP Adhesives	Hindustan Adhesive
Debtors to sales (%)	15.90	50.57	28.75	14.95	12.10
Asset Turnover	1.19	0.79	1.69	1.08	0.93
Receivable days	53.77	165.08	89.41	57.84	41.56
Inventory Days	20.04	8.92	46.73	78.34	92.64
Payable days	16.34	56.04	73.83	60.06	98.61
Cash Conversion Cycle	57.48	117.96	62.31	76.12	35.59

Annual
Quarterly