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 ₹ 440
- High / Low ₹ 539 / 187
- Stock P/E 13.7
- Book Value ₹ 148
- Dividend Yield 0.00 %
- ROCE 20.0 %
- ROE 24.2 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.97 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 38.6 to 47.9 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 | |
|---|---|---|---|---|---|
| 70 | 76 | 449 | 321 | 304 | |
| 61 | 65 | 416 | 301 | 271 | |
| Operating Profit | 10 | 11 | 33 | 20 | 33 |
| OPM % | 14% | 15% | 7% | 6% | 11% |
| 0 | 1 | 4 | 3 | 3 | |
| Interest | 3 | 3 | 8 | 7 | 5 |
| Depreciation | 3 | 4 | 11 | 11 | 9 |
| Profit before tax | 3 | 5 | 18 | 6 | 22 |
| Tax % | 39% | 8% | 31% | 16% | 25% |
| 2 | 5 | 13 | 5 | 16 | |
| EPS in Rs | 3.44 | 9.32 | 24.47 | 9.50 | 32.07 |
| Dividend Payout % | 0% | 11% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 241% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 43% |
| 5 Years: | 47% |
| 3 Years: | 21% |
| 1 Year: | 130% |
| 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 | |
|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 |
| Reserves | 14 | 19 | 50 | 55 | 71 |
| 21 | 21 | 80 | 66 | 69 | |
| 13 | 13 | 66 | 42 | 44 | |
| Total Liabilities | 53 | 58 | 201 | 168 | 189 |
| 23 | 23 | 80 | 77 | 73 | |
| CWIP | 0 | 1 | 0 | 0 | 6 |
| Investments | 2 | 2 | 5 | 3 | 2 |
| 29 | 32 | 116 | 88 | 107 | |
| Total Assets | 53 | 58 | 201 | 168 | 189 |
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
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 13 Jul
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - Certificate under Regulation 74(5) of SEBI (Depositories and participants) Regulations 2018 for the quarter ended 30/06/2024.
- Closure of Trading Window 28 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 22 Jun
- Submission Of Audited Standalone And Consolidated Financial Result For Quarter And Financial Year Ended On 31St March, 2024 Pursuant To Regulation 33 Of SEBI (LODR) Regulations 2015 30 May
Annual reports
-
Financial Year 2023
from bse
-
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
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Financial Year 2009
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.