Hindustan Adhesives Ltd
Incorporated in 1988, Hindustan Adhesive
Ltd manufactures and supplies Carton
Sealing Tapes and Adhesive Coated
products[1]
- Market Cap ₹ 202 Cr.
- Current Price ₹ 395
- High / Low ₹ 539 / 244
- Stock P/E 14.1
- Book Value ₹ 148
- Dividend Yield 0.00 %
- ROCE 20.6 %
- ROE 24.1 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 47.1% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 38.6 to 48.0 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
76 | 78 | 76 | 69 | 74 | 76 | 140 | 153 | 214 | 449 | 321 | 303 | 287 | |
68 | 69 | 67 | 59 | 63 | 68 | 129 | 141 | 192 | 416 | 301 | 271 | 257 | |
Operating Profit | 8 | 8 | 9 | 10 | 11 | 8 | 11 | 12 | 21 | 33 | 20 | 33 | 31 |
OPM % | 10% | 11% | 12% | 14% | 15% | 11% | 8% | 8% | 10% | 7% | 6% | 11% | 11% |
0 | 0 | 0 | 0 | 1 | 1 | 4 | 6 | 7 | 4 | 3 | 3 | 3 | |
Interest | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 5 | 6 | 8 | 7 | 5 | 5 |
Depreciation | 2 | 2 | 4 | 3 | 3 | 3 | 6 | 7 | 8 | 11 | 11 | 9 | 9 |
Profit before tax | 2 | 3 | 3 | 3 | 5 | 3 | 4 | 6 | 14 | 18 | 6 | 22 | 20 |
Tax % | 35% | 25% | 38% | 35% | 8% | 26% | 33% | -15% | 36% | 31% | 16% | 25% | |
2 | 2 | 2 | 2 | 5 | 2 | 2 | 7 | 9 | 13 | 5 | 16 | 14 | |
EPS in Rs | 3.09 | 4.67 | 3.07 | 4.14 | 9.60 | 4.87 | 4.63 | 12.86 | 17.10 | 24.47 | 9.50 | 32.07 | 27.96 |
Dividend Payout % | -0% | -0% | -0% | -0% | 10% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 17% |
3 Years: | 12% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 47% |
3 Years: | 23% |
TTM: | 138% |
Stock Price CAGR | |
---|---|
10 Years: | 33% |
5 Years: | 35% |
3 Years: | 12% |
1 Year: | 42% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 20% |
3 Years: | 19% |
Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
Reserves | 8 | 11 | 12 | 14 | 19 | 22 | 24 | 30 | 38 | 50 | 55 | 71 |
21 | 24 | 22 | 21 | 21 | 49 | 54 | 70 | 84 | 80 | 66 | 60 | |
12 | 14 | 15 | 12 | 13 | 20 | 28 | 21 | 37 | 66 | 42 | 44 | |
Total Liabilities | 46 | 54 | 54 | 53 | 58 | 96 | 111 | 126 | 164 | 201 | 168 | 180 |
23 | 22 | 24 | 22 | 23 | 21 | 56 | 62 | 76 | 80 | 77 | 72 | |
CWIP | -0 | 0 | -0 | -0 | 1 | 32 | 0 | 11 | -0 | -0 | 0 | -0 |
Investments | -0 | -0 | 0 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 15 |
24 | 32 | 30 | 29 | 32 | 42 | 54 | 52 | 86 | 120 | 88 | 93 | |
Total Assets | 46 | 54 | 54 | 53 | 58 | 96 | 111 | 126 | 164 | 201 | 168 | 180 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6 | 3 | 10 | 8 | 7 | 5 | 11 | 10 | 6 | 25 | 27 | 27 | |
-1 | -2 | -6 | -3 | -5 | -31 | -10 | -23 | -12 | -15 | -10 | -15 | |
-4 | -0 | -4 | -5 | -3 | 26 | -1 | 12 | 8 | -10 | -20 | -10 | |
Net Cash Flow | 0 | 1 | -0 | 0 | -1 | 1 | 1 | -1 | 2 | -0 | -2 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 55 | 67 | 63 | 62 | 70 | 74 | 59 | 43 | 55 | 38 | 29 | 48 |
Inventory Days | 65 | 79 | 99 | 126 | 120 | 162 | 88 | 75 | 68 | 56 | 86 | 72 |
Days Payable | 59 | 76 | 78 | 72 | 79 | 122 | 80 | 41 | 55 | 47 | 42 | 47 |
Cash Conversion Cycle | 61 | 69 | 84 | 115 | 110 | 114 | 67 | 77 | 68 | 47 | 74 | 72 |
Working Capital Days | 61 | 74 | 79 | 87 | 99 | 107 | 69 | 75 | 76 | 41 | 53 | 56 |
ROCE % | 17% | 18% | 15% | 17% | 19% | 10% | 11% | 12% | 17% | 20% | 10% | 21% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 30 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 30 Sep
-
Closure of Trading Window
28 Sep - Closure of trading window for designated persons.
-
Intimation Of Commencement Of Commercial Production At Howrah, West Bengal
27 Sep - Commencement of commercial production in Howrah, West Bengal.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 25 Sep
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Business Overview:[1]
HAL is a part of Bagla Group. It is an integrated producer of Carton Sealing Tapes, BOPP Adhesive Tapes with both Acrylic and Hot-Melt technology. It also
has its own adhesive making facility along with facilities for making paper cores and cartons in-house, besides multiple printing equipments, slitting and spooling facilities to make many value added import substitute products for domestic and international markets. Company also produces specialty tapes like Filament Tapes, Carry Handle Tapes, Tear Tapes, Tamper evident Tapes, etc.