Hindustan Adhesive Peer Comparison

BSE: 514428

₹384.80

₹0.45 (0.12%)

As on 07-Oct-2026IST

Market cap

₹191 Cr

Revenue (TTM)

₹269 Cr

P/E Ratio

8.7

P/B Ratio

1.6

Div. Yield

0 %

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	Hindustan Adhesive	Aarti	Aether	Deepak Nitrite	Himadri Speciality	HP Adhesives	Jyoti Resins	Nikhil Adhesives	Pidilite Ind	Sonal Adhesives
Market cap (₹ Cr)	191	17,796	23,725	21,196	33,953	319	1,013	372	1,51,446	28
Revenue (₹ Cr)	269	9,013	1,224	8,575	4,974	252	327	619	15,399	126
Net Profit (₹ Cr)	21.79	531.00	235.19	783.41	804.14	1.88	64.36	20.29	2,676.38	1.15
Net Margin (%)	7.97	5.88	18.79	9.08	15.54	0.74	18.98	3.27	17.08	0.91
RoE (%)	23.72	8.95	10.03	13.96	18.21	1.31	23.76	14.61	25.98	13.51
Price to Earnings	8.74	33.51	100.88	27.06	42.49	170.19	15.74	18.32	57.17	23.99
Price-To-Book	1.59	2.92	9.43	3.43	6.88	1.71	3.57	2.43	13.10	2.62

Income Statement (₹ Cr)

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

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

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

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

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

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

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

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

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

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