Hindustan Adhesives (HINDADH)₹386.70+1.90%Plastic Products - Industrial
In the Jun 2026 quarter (consolidated), Hindustan Adhesives reported sales of ₹79.94 Cr, up 21.1% from Jun 2025, and net profit of ₹11.02 Cr, up 174.8% year on year. For the year to Mar 2026, sales were ₹255 Cr and net profit ₹15.02 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 | 80.95 | 69.98 | 72.01 | 63.98 | 84.01 | 72.99 | 63.99 | 65.99 | 65.01 | 66.96 | 57.98 | 79.94 |
| Expenses | 73.08 | 61.01 | 64.11 | 59.03 | 74.02 | 64.02 | 53.07 | 58.09 | 54.03 | 57.09 | 51.06 | 58.09 |
| Operating Profit | 8.03 | 10.04 | 8.03 | 5.02 | 10.04 | 9.04 | 10.04 | 9.04 | 10.05 | 10.05 | 7.03 | 21.08 |
| OPM % | 10.1% | 14.1% | 11.1% | 8.1% | 12.1% | 12.1% | 16.1% | 13.1% | 16.0% | 15.1% | 12.1% | 27.1% |
| 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 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 4.01 | 2.01 | 3.01 | 3.01 | 4.01 | 4.01 |
| Profit before tax | 5.98 | 6.99 | 3.99 | 2.99 | 6.98 | 5.98 | 4.99 | 4.99 | 7.98 | 6.99 | 0.00 | 14.96 |
| Tax % | 31.0% | 36.0% | 10.0% | 25.0% | 25.0% | 26.0% | 37.0% | 27.0% | 24.0% | 34.0% | −102.0% | 29.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −1.01 | 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 | 11.02 |
| EPS (Rs) | 7.55 | 8.88 | 7.34 | 4.15 | 10.49 | 8.96 | 6.44 | 7.32 | 11.15 | 8.80 | 1.81 | 20.77 |
| Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 70.01 | 75.91 | 448 | 321 | 303 | 285 | 255 | 270 |
| Expenses | 61.06 | 65.03 | 416 | 301 | 271 | 250 | 219 | 220 |
| Operating Profit | 10.04 | 11.04 | 33.13 | 20.07 | 33.11 | 34.14 | 36.15 | 48.21 |
| OPM % | 14.1% | 15.1% | 7.0% | 6.0% | 11.1% | 12.1% | 14.1% | 17.9% |
| Other Income | 0.00 | 0.99 | 3.99 | 2.99 | 2.99 | 4.99 | 2.99 | 1.98 |
| Interest | 2.99 | 2.99 | 7.97 | 6.98 | 4.99 | 5.98 | 7.98 | 7.96 |
| Depreciation | 2.99 | 4.01 | 11.01 | 11.01 | 9.01 | 11.01 | 12.01 | 14.04 |
| Profit before tax | 2.99 | 4.99 | 17.97 | 5.99 | 21.97 | 20.95 | 19.96 | 29.93 |
| Tax % | 39.0% | 8.0% | 31.0% | 16.1% | 25.0% | 28.0% | 25.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.06 | 0.08 | 0.55 | −1.13 | −1.01 |
| Net Profit | 2.01 | 5.01 | 13.01 | 5.01 | 16.01 | 15.01 | 15.02 | 23.05 |
| EPS (Rs) | 3.43 | 9.31 | 24.43 | 9.49 | 32.06 | 30.05 | 29.07 | 42.53 |
| 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 | 5.01 | 5.01 | 5.01 | 5.02 | 5.01 | 5.01 | 5.01 |
| Reserves | 13.98 | 18.97 | 50.00 | 55.00 | 70.96 | 85.95 | 104 |
| Borrowings | 21.00 | 21.00 | 80.05 | 66.00 | 68.98 | 109 | 122 |
| Other Liabilities | 12.94 | 12.94 | 65.68 | 41.79 | 50.75 | 53.74 | 56.72 |
| Total Liabilities | 52.93 | 57.92 | 201 | 168 | 195 | 253 | 288 |
| Fixed Assets | 22.99 | 22.98 | 79.99 | 76.96 | 72.95 | 70.99 | 114 |
| CWIP | 0.00 | 0.99 | 0.00 | 0.00 | 5.98 | 58.85 | 43.86 |
| Investments | 1.99 | 1.99 | 4.99 | 2.99 | 1.99 | 2.99 | 5.99 |
| Other Assets | 28.95 | 31.96 | 116 | 87.86 | 114 | 121 | 124 |
| Inventories | 13.01 | 12.01 | 49.05 | 50.98 | 38.02 | 65.99 | 64.07 |
| Trade receivables | 12.02 | 14.03 | 47.10 | 26.07 | 40.08 | 27.04 | 31.05 |
| Cash & equivalents | 2.01 | 1.01 | 3.01 | 1.01 | 2.01 | 6.03 | 2.01 |
| Total Assets | 52.93 | 57.92 | 201 | 168 | 195 | 253 | 288 |
| Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | 7.99 | 7.99 | 24.98 | 27.01 | 13.01 | 14.01 | 30.98 |
| Cash from investing activity | −3.01 | −4.99 | −14.99 | −9.99 | −9.01 | −48.94 | −18.98 |
| Cash from financing activity | −4.98 | −2.99 | −9.97 | −19.94 | −1.99 | 34.88 | −10.97 |
| Net cash flow | 0.00 | −1.01 | 0.00 | −2.01 | 1.01 | 0.00 | 0.00 |
| Capex | 1.65 | 4.86 | 14.82 | 7.79 | 4.37 | 8.79 | 12.84 |
| Free cash flow | 6.97 | 2.99 | 9.95 | 18.92 | 1.99 | −44.84 | 9.97 |
| CFO / OP % | 94.0% | 81.1% | 94.1% | 146.1% | 60.1% | 55.1% | 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 | −7 | 0 | 1 | −2 | −7 | −8 | −30 |
| ROCE % | — | 19.0% | — | 10.0% | 20.0% | 16.0% | 13.0% |
For the Jun 2026 quarter, Hindustan Adhesives reported sales of ₹79.94 Cr, up 21.1% year on year and net profit of ₹11.02 Cr, up 174.8% year on year. The operating margin was 27.1%.
Hindustan Adhesives' sales for the year to Mar 2026 were ₹255 Cr; over the last twelve months they were ₹270 Cr.
Net profit for the year to Mar 2026 was ₹15.02 Cr, and ₹23.05 Cr over the last twelve months. Earnings per share over the same trailing period were ₹42.53.
Hindustan Adhesives reported borrowings of ₹122 Cr at Mar 2026, against cash and equivalents of ₹2.01 Cr.
Cash from operations was ₹30.98 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹9.97 Cr.