Hindustan Adhesives (BSE 514428)₹390.00+3.48%Plastic Products - Industrial
In the Jun 2026 quarter (consolidated), Hindustan Adhesives reported sales of ₹80.07 Cr, up 21.2% from Jun 2025, and net profit of ₹11.01 Cr, up 174.6% year on year. For the year to Mar 2026, sales were ₹256 Cr and net profit ₹15.04 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 81.13 | 70.10 | 72.07 | 64.06 | 84.07 | 73.11 | 64.08 | 66.04 | 65.08 | 67.08 | 58.06 | 80.07 |
| Expenses | 72.97 | 61.03 | 64.07 | 59.03 | 73.98 | 64.01 | 53.03 | 57.97 | 54.02 | 57.03 | 51.01 | 58.01 |
| Operating Profit | 8.01 | 10.01 | 8.01 | 5.01 | 10.01 | 9.01 | 9.99 | 9.01 | 10.01 | 9.99 | 7.01 | 21.01 |
| OPM % | 10.1% | 14.1% | 11.1% | 8.0% | 12.1% | 12.1% | 16.1% | 13.1% | 16.1% | 15.0% | 12.0% | 27.0% |
| Other Income | 0.99 | 0.99 | 0.00 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.00 | 0.00 |
| Interest | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 1.99 | 1.99 | 1.99 | 0.99 | 1.99 | 1.99 | 2.99 |
| Depreciation | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 3.99 | 1.99 | 2.99 | 2.99 | 3.99 | 3.99 |
| Profit before tax | 6.02 | 7.01 | 4.01 | 3.01 | 7.02 | 6.02 | 5.02 | 5.01 | 8.03 | 7.02 | 0.00 | 15.04 |
| Tax % | 31.1% | 36.1% | 10.1% | 25.0% | 25.1% | 26.1% | 37.1% | 27.1% | 24.1% | 34.1% | −101.9% | 29.1% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.99 | 0.00 |
| Net Profit | 4.01 | 5.01 | 4.01 | 2.01 | 5.01 | 5.01 | 3.01 | 4.01 | 6.01 | 5.01 | 1.01 | 11.01 |
| EPS (Rs) | 7.57 | 8.90 | 7.36 | 4.17 | 10.51 | 8.98 | 6.46 | 7.34 | 11.17 | 8.83 | 1.83 | 20.81 |
| Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 70.03 | 76.13 | 450 | 321 | 303 | 285 | 256 | 270 |
| Expenses | 60.99 | 64.99 | 416 | 301 | 271 | 250 | 219 | 220 |
| Operating Profit | 10.01 | 11.01 | 33.01 | 19.99 | 33.04 | 33.99 | 36.03 | 48.02 |
| OPM % | 14.1% | 15.1% | 7.0% | 6.0% | 11.1% | 12.1% | 14.0% | 17.8% |
| Other Income | 0.00 | 0.99 | 3.99 | 2.99 | 2.99 | 4.99 | 2.99 | 1.98 |
| Interest | 2.99 | 2.99 | 7.99 | 6.99 | 4.99 | 5.99 | 7.99 | 7.96 |
| Depreciation | 2.99 | 3.99 | 11.01 | 10.99 | 8.99 | 10.99 | 11.99 | 13.96 |
| Profit before tax | 3.01 | 5.01 | 18.05 | 6.02 | 22.07 | 21.06 | 20.04 | 30.09 |
| Tax % | 39.1% | 8.0% | 31.1% | 16.1% | 25.1% | 28.1% | 25.1% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.04 | 0.06 | 0.29 | −1.03 | −0.99 |
| Net Profit | 2.01 | 5.01 | 13.01 | 5.01 | 16.03 | 15.01 | 15.04 | 23.04 |
| EPS (Rs) | 3.45 | 9.33 | 24.48 | 9.52 | 32.10 | 30.11 | 29.15 | 42.64 |
| Dividend payout % | 0.0% | 11.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4.98 | 4.99 | 4.98 | 4.99 | 4.99 | 4.98 | 4.98 |
| Reserves | 13.97 | 18.97 | 49.86 | 54.85 | 70.82 | 85.79 | 104 |
| Borrowings | 21.09 | 21.08 | 80.35 | 66.23 | 69.21 | 110 | 122 |
| Other Liabilities | 12.98 | 13.00 | 65.78 | 41.98 | 51.02 | 58.72 | 56.99 |
| Total Liabilities | 53.02 | 58.04 | 201 | 168 | 195 | 259 | 288 |
| Fixed Assets | 23.04 | 23.06 | 80.13 | 77.15 | 73.12 | 71.11 | 114 |
| CWIP | 0.00 | 1.01 | 0.00 | 0.00 | 6.01 | 59.05 | 44.05 |
| Investments | 1.99 | 1.99 | 4.99 | 2.99 | 2.01 | 2.99 | 5.99 |
| Other Assets | 28.99 | 31.98 | 116 | 87.91 | 114 | 126 | 124 |
| Inventories | 13.02 | 12.01 | 49.06 | 51.07 | 38.05 | 66.13 | 64.05 |
| Trade receivables | 12.03 | 14.03 | 47.13 | 26.04 | 40.09 | 27.05 | 31.05 |
| Cash & equivalents | 1.99 | 0.99 | 2.99 | 0.99 | 1.99 | 5.98 | 1.99 |
| Total Assets | 53.02 | 58.04 | 201 | 168 | 195 | 259 | 288 |
| Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | 7.98 | 7.98 | 24.95 | 26.94 | 12.98 | 17.97 | 30.92 |
| Cash from investing activity | −2.99 | −4.99 | −14.98 | −9.98 | −8.98 | −48.93 | −18.96 |
| Cash from financing activity | −5.01 | −2.99 | −9.99 | −20.01 | −1.99 | 35.02 | −11.01 |
| Net cash flow | 0.00 | −0.99 | 0.00 | −2.01 | 0.99 | 4.01 | 0.00 |
| Capex | 1.67 | 4.88 | 14.87 | 7.81 | 4.39 | 8.80 | 21.11 |
| Free cash flow | 7.03 | 3.01 | 10.04 | 19.07 | 2.01 | −41.15 | 10.04 |
| CFO / OP % | 94.1% | 81.1% | 94.1% | 146.1% | 60.1% | 66.1% | 99.1% |
| Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 60 | 68 | 38 | 29 | 48 | 35 | 44 |
| Inventory days | 126 | 120 | 56 | 86 | 72 | 148 | 168 |
| Days payable | 73 | 86 | 47 | 42 | 48 | 87 | 95 |
| Cash conversion cycle | 113 | 102 | 47 | 74 | 72 | 96 | 117 |
| Working capital days | −5 | 0 | 3 | 0 | −5 | −6 | −28 |
| ROCE % | — | 19.0% | — | 10.0% | 20.0% | 16.0% | 13.0% |
For the Jun 2026 quarter, Hindustan Adhesives reported sales of ₹80.07 Cr, up 21.2% year on year and net profit of ₹11.01 Cr, up 174.6% year on year. The operating margin was 27.0%.
Hindustan Adhesives' sales for the year to Mar 2026 were ₹256 Cr; over the last twelve months they were ₹270 Cr.
Net profit for the year to Mar 2026 was ₹15.04 Cr, and ₹23.04 Cr over the last twelve months. Earnings per share over the same trailing period were ₹42.64.
Hindustan Adhesives reported borrowings of ₹122 Cr at Mar 2026, against cash and equivalents of ₹1.99 Cr.
Cash from operations was ₹30.92 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹10.04 Cr.