Hindustan Adhesives share price & results
- Jun 2026
- Jun 2026
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 77.0 | +16.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 28.0 | +15.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 12.0 | +200.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 24.00 | −1.2 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 7.15 | +4.5 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | -5.92 | −4.6 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance +25.6% 1Y
1Y: ₹312.95 on 24 Oct 2025 → ₹393. High ₹393 (27 Oct 2026), low ₹253 (28 Jul 2026).
- Previous close
- ₹384
- Market cap
- ₹194 Cr
- 52-week range
- ₹253 – ₹393
- One year
- +27.54%
- Price to earnings (TTM to Jun 2026)
- 8.08×
- Return on equity (TTM to Jun 2026)
- 24.00%
Overview
- Symbol
- NSE:HINDADH
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2017 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +200% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 84 | 73 | 64 | 66 | 66 | 67 | 58 | 77 |
| Expenses | 74 | 64 | 53 | 58 | 55 | 55 | 50 | 55 |
| Operating profit | 10 | 9 | 10 | 9 | 11 | 11 | 8 | 22 |
| Operating margin | 12.0% | 12.0% | 16.0% | 13.0% | 17.0% | 17.0% | 14.0% | 28.0% |
| Other income | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 |
| Interest | 1 | 2 | 2 | 2 | 1 | 2 | 2 | 2 |
| Depreciation | 2 | 2 | 4 | 2 | 2 | 3 | 4 | 3 |
| Profit before tax | 7 | 6 | 5 | 5 | 8 | 8 | 2 | 17 |
| Tax rate | 25.0% | 26.0% | 37.0% | 27.0% | 22.0% | 29.0% | −1.0% | 26.0% |
| Net profit | 5 | 5 | 3 | 4 | 7 | 6 | 2 | 12 |
| EPS (₹ per share) | 10.50 | 8.97 | 6.45 | 7.33 | 12.74 | 10.89 | 3.81 | 24.02 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 304 | 285 | 257 |
| Expenses | 272 | 250 | 218 |
| Operating profit | 33 | 34 | 39 |
| Other income | 3 | 4 | 3 |
| Interest | 4 | 6 | 7 |
| Depreciation | 8 | 10 | 11 |
| Profit before tax | 22 | 21 | 23 |
| Net profit | 17 | 15 | 19 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 50 | 55 | 71 | 87 | 96 | 105 |
| Borrowings | 80 | 66 | 60 | 87 | 103 | 110 |
| Other liabilities | 66 | 42 | 50 | 54 | 73 | 55 |
| Total liabilities | 201 | 168 | 186 | 233 | 277 | 276 |
| Fixed assets | 80 | 77 | 72 | 70 | 68 | 111 |
| Capital work in progress | 0 | 0 | 0 | 23 | 65 | 0 |
| Investments | 2 | 3 | 15 | 20 | 3 | 53 |
| Other assets | 120 | 88 | 99 | 120 | 140 | 111 |
| Total assets | 201 | 168 | 186 | 233 | 277 | 276 |
| Line item | Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Cash from operations | 8 | 7 | 25 | 27 | 27 | 16 |
| Cash from investing | -3 | -5 | -15 | -10 | -15 | -37 |
| Cash from financing | -5 | -3 | -10 | -20 | -10 | 22 |
| Net cash flow | 0 | -1 | 0 | -2 | 1 | 0 |
| Free cash flow | 7 | 2 | 10 | 19 | 23 | -17 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 55 | 38 | 29 | 48 | 35 | 48 |
| Inventory days | 68 | 56 | 86 | 72 | 141 | 148 |
| Days payable | 55 | 47 | 42 | 47 | 84 | 93 |
| Cash conversion cycle | 68 | 47 | 74 | 72 | 92 | 104 |
| Working capital days | 12 | 2 | -1 | -6 | 2 | -25 |
| Return on capital employed | 17.0% | 20.0% | 10.0% | 21.0% | 17.0% | 16.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
What the price assumes
AttractiveTo justify its price of ₹393, this stock must grow earnings at -6% every year for 7 years. Our analysis caps realistic growth at ~4%. At that growth it is worth ₹668 — upside of 70%.
- Growth the price implies
- -5.5% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 5.7% a year
- net profit, FY24–FY26 · EPS 4.1%
- The gap
- -0.1 pp
- 70% downside if it only repeats history
Ownership
Who owns it
Promoters hold 68.48% as of Jun 2026; institutions added 0.00 pts since Mar 2026.
- Promoters 68.48%
- Domestic institutions 0.00%
- Public 31.52%
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 15.88% held
The same filing shows 2 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Hindustan Adhesives Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 15.88% | newly disclosed | |
| 11.70% | unchanged | |
| 7.27% | unchanged | |
| 6.15% | unchanged | |
| 5.38% | −0.13 pp | |
| 5.26% | −10.62 pp | |
| 4.99% | unchanged | |
| 4.99% | unchanged | |
| 4.98% | unchanged | |
| 4.30% | unchanged | |
| 4.20% | unchanged | |
| 3.22% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
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