Hindustan Adhesives logo

Hindustan Adhesives share price

NSE: HINDADHBSE: 514428Industrial ProductsSmall Cap

Last close ₹374.75down ₹5.45 (1.43%)BSE ₹383.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹380.20.

52-week range of BSE trades to 23 Oct 2026
₹247.60Low, 30 Mar 2026₹402.65High, 18 Aug 2026
Market cap
₹192 Cr2,584th largest listed
P/E
8.8
P/B
1.8
Dividend yield
Nonein the last 12 months
ROE
21.8%
ROCE
16.7%
Debt to equity
0.94
Volume, NSE
95477.5% delivered

Share price

Daily closes since Feb 2008, BSE closes Feb 2008 to Aug 2026, adjusted for splits and bonuses

+23.2%over a year on BSE closes

The returns and 20-session average are on BSE closes, where the record is longest.20-session average 646 shares a day

Results

Standalone, as consolidated accounts are on record for only 5 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 14 Aug

Revenue
₹77 Crup 33.72%
Net profit
₹12 Crup 530.26%
Net margin
15.9%

Revenue by year

Peak revenue ₹449 Cr, year to Mar 2022

Net profit by year, a loss in red

₹ croreSep 2024Filed 11 NovDec 2024Filed 21 FebMar 2025Filed 4 JulJun 2025Filed 14 AugSep 2025Filed 14 NovDec 2025Filed 14 FebMar 2026Filed 25 JunJun 2026Filed 14 Aug
Revenue84.472.663.866.465.966.657.777.2
Net profit5.44.63.33.86.55.62.012.3
Net margin6.4%6.3%5.2%5.6%9.9%8.4%3.4%15.9%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, ADHESIVES TAPES, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 21% of 2,386 trading days over the last 10 years.

LowestHighest
Its median12.4Industry median17.0
Price to book

At or below today's level on 46% of 1,897 trading days since Nov 2018.

LowestHighest
Its median1.8Industry median1.7
EV to EBITDA6.0

At or below today's level on 9% of 1,897 trading days since Nov 2018.

LowestHighest
Its median8.4Industry median13.9
Dividend yield

At or below today's level on 90% of 2,412 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.48%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−16.9%+7.5%−22.7%0.0%
3 years+12.6%+50.3%−25.1%0.0%
5 years+19.2%+13.6%+5.0%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters68.48%
  • Individuals and others31.52%
Holder
Madhusudan BaglaPromoter21.14%
Anju BaglaPromoter11.70%
Nakul BaglaPromoter7.27%
Dhruv BaglaPromoter6.15%
Investor Education and Protection Fund Authority Ministry of Corporate AffairsInvestor education fund5.37%
SAPHIRE HOSPITALITY MANAGEMENT PVT LIMITEDCompanies4.99%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Plastic Products - Industrial, 69 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Hindustan Adhesives in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Kriti Industries (India) logoKriti Industries (India)KRITI263–1.213.5−22.1%–−3.9%2.4%0.00%
Kaka Industries logoKaka IndustriesKAKA26013.83.1–+33.1%+46.0%25.5%–0.00%
Ecoplast logoEcoplastECOPLAST22319.7––+47.4%+41.9%––0.00%
Kisan Mouldings logoKisan MouldingsKISAN215–1.1–−4.8%−3,226.4%−7.1%−6.3%0.00%
Tainwala Chemical and Plastic (I) logoTainwala Chemical and Plastic (I)TAINWALCHM18122.61.0348.3+11.9%+15.2%4.9%0.1%1.55%
Jujhar Logistics logoJujhar LogisticsJUJHARLOGI180117.76.7136.4−11.6%–5.7%4.9%0.00%
B. D. Industries (Pune) logoB. D. Industries (Pune)BDI16817.52.3–––13.3%–0.00%
Master Components logoMaster ComponentsMASTER15120.34.1–+75.4%+14.6%22.5%–0.20%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹1.00 a share, year to Mar 2017.
Ex-dateTypePer share
21 Nov 2016Interim₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Hindustan Adhesives share price by year

Each calendar year to 2025.Hindustan Adhesives share price history

YearClose at year endChangeHighest closeLowest close
2025BSE close321.90−21.7%415.30290.10
2024BSE close411.10+25.3%494.45313.30
2023BSE close328.00+11.5%346.80176.65
2022BSE close294.20−0.5%633.35252.25
2021BSE close295.65+165.2%320.00100.55
2020BSE close111.50+52.7%128.5058.35
2019BSE close73.00−18.9%93.7558.40
2018BSE close90.00+7.8%143.3074.05
2017BSE close83.50+25.9%94.2557.20
2016BSE close66.30+67.2%88.9530.80
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026385.90385.90371.40374.75376.6195477.5%
22 Oct 2026394.00394.00378.00380.20383.0093485.2%
21 Oct 2026389.95390.95380.00386.90384.451,18291.2%
19 Oct 2026393.50393.50378.00388.75381.4358377.4%
16 Oct 2026388.60390.85385.00389.00388.0270067.4%
15 Oct 2026389.30394.70381.50388.60386.4191090.9%
14 Oct 2026380.25390.60380.25389.30389.1266484.0%
13 Oct 2026387.80387.95374.00386.90379.5260277.9%
12 Oct 2026373.00390.00373.00388.95385.621,40884.9%
9 Oct 2026386.00388.10376.15388.00382.972,06286.4%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Hindustan Adhesives Limited
NSE symbol
HINDADH
BSE code
514428
ISIN
INE074C01013
Industry
Industrial Products
Listed
Nov 1994
Face value
₹10
CIN
L74899DL1988PLC031191
Corporate identity number, the registrar of companies' code for it