Hindustan Adhesives Ltd
Incorporated in 1988, Hindustan Adhesive
Ltd manufactures and supplies Carton
Sealing Tapes and Adhesive Coated
products[1]
- Market Cap ₹ 225 Cr.
- Current Price ₹ 439
- High / Low ₹ 539 / 291
- Stock P/E 14.2
- Book Value ₹ 163
- Dividend Yield 0.00 %
- ROCE 20.0 %
- ROE 24.1 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.70 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 70 | 76 | 449 | 321 | 303 | 290 | |
| 61 | 65 | 416 | 301 | 271 | 258 | |
| Operating Profit | 10 | 11 | 33 | 20 | 33 | 32 |
| OPM % | 14% | 15% | 7% | 6% | 11% | 11% |
| 0 | 1 | 4 | 3 | 3 | 3 | |
| Interest | 3 | 3 | 8 | 7 | 5 | 5 |
| Depreciation | 3 | 4 | 11 | 11 | 9 | 9 |
| Profit before tax | 3 | 5 | 18 | 6 | 22 | 21 |
| Tax % | 39% | 8% | 31% | 16% | 25% | |
| 2 | 5 | 13 | 5 | 16 | 16 | |
| EPS in Rs | 3.44 | 9.32 | 24.47 | 9.50 | 32.07 | 30.90 |
| Dividend Payout % | 0% | 11% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 96% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 30% |
| 5 Years: | 44% |
| 3 Years: | 24% |
| 1 Year: | 54% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 14 | 19 | 50 | 55 | 71 | 78 |
| 21 | 21 | 80 | 66 | 69 | 87 | |
| 13 | 13 | 66 | 42 | 44 | 51 | |
| Total Liabilities | 53 | 58 | 201 | 168 | 189 | 222 |
| 23 | 23 | 80 | 77 | 73 | 72 | |
| CWIP | 0 | 1 | 0 | 0 | 6 | 29 |
| Investments | 2 | 2 | 5 | 3 | 2 | 2 |
| 29 | 32 | 116 | 88 | 107 | 118 | |
| Total Assets | 53 | 58 | 201 | 168 | 189 | 222 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 8 | 8 | 25 | 27 | 13 | |
| -3 | -5 | -15 | -10 | -9 | |
| -5 | -3 | -10 | -20 | -2 | |
| Net Cash Flow | 0 | -1 | -0 | -2 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 60 | 68 | 38 | 29 | 48 |
| Inventory Days | 126 | 120 | 56 | 86 | 72 |
| Days Payable | 73 | 86 | 47 | 42 | 48 |
| Cash Conversion Cycle | 113 | 102 | 47 | 74 | 72 |
| Working Capital Days | 84 | 84 | 41 | 53 | 56 |
| ROCE % | 19% | 10% | 20% |
Documents
Announcements
- Submission Of Unaudited Financial Result For The Quarter Ended On 30Th September, 2024 Pursuant To Regulation 33 Of SEBI (LODR) Regulations 2015. 11 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015
11 Nov - Approval of unaudited financial results for Q2 2024.
-
Board Meeting Intimation for Notice Of Board Meeting Under Regulation 29 Of SEBI (LODR) Regulations 2015.
4 Nov - Notice of Board Meeting for financial results.
-
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirement) Regulations, 2015
21 Oct - Data loss due to system crash affecting insider trading compliance.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 16 Oct
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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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.