HP Adhesives logo

HP Adhesives share price

NSE: HPALBSE: 543433Chemicals & PetrochemicalsSmall Cap

Last close ₹29.93down ₹2.09 (6.53%)BSE ₹30.19

Share price at the NSE close on 23 Oct 2026. Previous close ₹32.02.

52-week range of traded prices to 23 Oct 2026
₹26.52Low, 30 Mar 2026₹53.00High, 3 Nov 2025
Market cap
₹275 Cr2,075th largest listed
P/E
Earlier quarters restated in the year
P/B
1.5
Dividend yield
1.34%
ROCE
0.3%
Debt to equity
0.02
Volume, NSE
73,63176.6% delivered

Share price

Daily closes since Dec 2021, adjusted for splits and bonuses

−35.9%over a year · Nifty 500 −9.8%

Results20-session average 41,409 shares a day, 68.1% delivered

Results

Standalone, as consolidated accounts are on record for only 2 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 13 Aug

Revenue
₹63 Crup 9.76%
Net profit
−₹0.84 CrQuarter to Mar 2026: −₹2.39 Cr
Net margin
−1.3%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2026, the company's revenue for that year, ₹249 Cr, differs from its quarters added, ₹254 Cr.

₹ croreSep 2024Filed 13 NovDec 2024Filed 12 FebMar 2025Filed 12 JunJun 2025Filed 8 AugSep 2025Filed 12 NovDec 2025Filed 12 FebMar 2026Filed 1 AugJun 2026Filed 13 Aug
Revenue58.965.766.266.165.164.857.763.3
Net profit4.14.04.14.23.51.5−2.4−0.8
Net margin7.0%6.0%6.2%6.4%5.4%2.3%−4.1%−1.3%
Standalone. The last eight quarters. The latest is shaded.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2026, the company's revenue for the year to Mar 2026, ₹249 Cr, differs from its quarters added, ₹254 Cr.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturing of Adhesives & Sealants, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, P/E: a results filing in the last twelve months restated the quarters before it inside its year to date, so the four quarters as the company reported them do not add to a twelve-month profit; the ratio returns once the trailing year no longer holds a quarter from before the restatement. Its history crosses a change of basis in the accounts in the year to Mar 2026: days before it are of the company before the change.PE ratio and valuation history

Price to book

At or below today's level on 1% of 1,101 trading days since May 2022.

LowestHighest
Its median4.7Industry median2.5
EV to EBITDA43.4

At or below today's level on 83% of 971 trading days since Nov 2022.

LowestHighest
Its median28.5Industry median15.8
Dividend yield

At or below today's level on 99.7% of 1,182 trading days since Jan 2022.

LowestHighest
Its median0.00%Industry median0.52%

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−42.5%−61.3%+45.0%1.5%
3 years−27.4%−14.1%−16.5%0.9%
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 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2023 and Mar 2026.

Who owns it

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

Shareholding by group

  • Promoters71.35%
  • Foreign institutions0.01%
  • Individuals and others28.64%
Holder
ANJANA H. MOTWANIPromoter31.24%
KARAN HARESH MOTWANIPromoter29.22%
NIDHI HARESH MOTWANIPromoter10.88%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Specialty Chemicals, 130 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to HP Adhesives in market cap.

HP Adhesives is not on the chart: it has no P/E or return on equity today

Return on equity across, P/E up, size is market cap
Company
Agastya Energy and Infrastructure logoAgastya Energy and InfrastructureAGASTYAEN331–––−28.7%−5,243.2%−41.3%−33.8%0.00%
Nikhil Adhesives logoNikhil AdhesivesNIKHILAD299–2.19.0+13.1%––15.4%0.34%
Dynemic Products logoDynemic ProductsDYNPRO27813.71.16.7−2.9%+19.3%8.7%11.2%0.67%
Silkflex Polymers (India) logoSilkflex Polymers (India)SILKFLEX27522.65.8–+37.5%+73.6%29.2%–0.00%
India Gelatine & Chemicals logoIndia Gelatine & ChemicalsINDGELA2549.71.38.0−5.9%+34.3%14.3%13.3%1.68%
Narmada Gelatines logoNarmada GelatinesSHAWGELTIN2447.01.75.4––26.2%27.8%2.73%
Diamines & Chemicals logoDiamines & ChemicalsDIAMINESQ231–1.5–−39.3%−704.8%−6.3%−8.0%0.00%
Indian Toners & DevelopersINDTONER2319.11.06.6+3.9%−3.7%11.7%11.9%2.70%
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 ₹0.40 a share, years to Mar 2025 and Mar 2026.
Ex-dateTypePer share
15 Sep 2026Final₹0.40
23 Sep 2025Final₹0.40
13 Sep 2024Final₹0.30
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

HP Adhesives share price by year

Each calendar year to 2025.HP Adhesives share price history

YearClose at year endChangeHighest closeLowest close
202541.17−49.7%80.0740.84
202481.92−18.2%126.4076.22
2023100.20+34.2%107.1762.29
202274.64−7.1%95.3467.62
202180.38–80.3866.15
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 27 Dec 2021.

Recent sessions

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

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202632.6632.6629.3029.9330.3373,63176.6%
22 Oct 202632.8832.8831.4532.0232.2244,18463.4%
21 Oct 202634.5034.5032.3632.4932.9662,96557.3%
19 Oct 202634.1934.9833.2134.1433.8630,59266.2%
16 Oct 202634.5034.6934.0034.1934.2820,24182.3%
15 Oct 202634.0534.4433.5133.8233.8213,74172.2%
14 Oct 202634.2534.5033.0534.0533.7537,51654.2%
13 Oct 202633.6034.4433.6034.2533.8719,92577.4%
12 Oct 202633.5134.4733.5133.9333.8730,80762.1%
9 Oct 202633.5034.2432.9933.9033.8437,74368.9%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
9 Nov 2023Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
HP Adhesives Limited
NSE symbol
HPAL
BSE code
543433
ISIN
INE0GSL01024
Industry
Chemicals & Petrochemicals
Listed
Dec 2021
Face value
₹2
CIN
L24304MH2019PLC325019
Corporate identity number, the registrar of companies' code for it