| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 63.4 | 66.1 | −4.1% |
| EBITDA | −0.3 | 6.5 | — |
| EBITDA margin | −0.5% | 9.9% | −10.4 pts |
| Profit before tax | −1.4 | 5.6 | — |
| Net profit | −0.9 | 4.2 | — |
| EPS | −₹0.10 | ₹0.46 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 302 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 23.1 | 23.1 | 27.8 | 26.5 | 1.0 | ||
| 3.3 | 3.3 | 5.7 | 0.2 | 4.6 | ||
| 282 | — | — | — | — | ||
| 252 | 249 | 253 | — | — | ||
| — | −1.4% | — | — | — | ||
| 6.2 | 13.1 | 26.0 | — | — | ||
| 2.5% | 5.3% | 10.3% | — | — | ||
| 0.5 | 7.3 | 21.3 | — | — | ||
| 1.9 | 7.0 | 18.2 | — | — | ||
| 0.7% | 2.8% | 7.2% | — | — | ||
| ₹0.20 | ₹0.76 | ₹1.99 | — | — | ||
| — | −61.8% | — | — | — | ||
| — | 7.1 | 9.9 | 22.6 | — | ||
| — | −12.8 | −14.0 | −16.5 | — | ||
| −5.8 | −5.8 | −4.1 | 6.1 | — | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 302.2 | |
| - Cash, Equiv & ST Investments | 1.0 | 26.5 | 27.8 | 23.1 | 23.1 | |
| + Total Debt | 4.6 | 0.2 | 5.7 | 3.3 | 3.3 | |
| Enterprise Value | — | — | — | — | 282.4 | |
| Revenue | — | — | 252.9 | 249.3 | 251.7 | |
| Growth %, YoY | — | — | — | -1.4 | — | |
| EBITDA | — | — | 26.0 | 13.1 | 6.2 | |
| Margin % | — | — | 10.29 | 5.25 | 2.47 | |
| EBIT | — | — | 21.3 | 7.3 | 0.5 | |
| Net Income | — | — | 18.2 | 7.0 | 1.9 | |
| Margin % | — | — | 7.21 | 2.80 | 0.75 | |
| EPS, Adj (current shares) | — | — | 1.99 | 0.76 | 0.20 | |
| Growth %, YoY | — | — | — | -61.8 | — | |
| Cash from Operations | — | 22.6 | 9.9 | 7.1 | — | |
| Capital Expenditures | — | -16.5 | -14.0 | -12.8 | — | |
| Free Cash Flow | — | 6.1 | -4.1 | -5.8 | -5.8 | |
Prices at the previous close · figures from the company's filings with NSE
HP Adhesives (NSE: HPAL) had a market capitalisation of ₹302 crore at the previous close (₹32.89 a share), a PE ratio of 160.9 on the last four quarters' profit and a price-to-book ratio of 1.61. In FY26 its consolidated net profit was ₹7 crore on revenue of ₹249 crore; in Q1 FY27 (April–June 2026) it was a loss of ₹91 lakh. Its debt-to-equity ratio was 0.02 on 31 March 2026. Promoters held 71.35% of the shares on 30 September 2026.
HP Adhesives' PE ratio is 160.9 at the previous close (₹32.89 a share): a market capitalisation of ₹302 crore divided by consolidated net profit of ₹1.9 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹7 crore) it is 43.3. These four quarters include net exceptional items of −₹81 lakh (one-off charges reported separately), so the ratio on recurring profit would differ.
HP Adhesives' price-to-book (PB) ratio is 1.61 at the previous close: a market capitalisation of ₹302 crore divided by shareholders' equity (book value) of ₹188 crore on 31 March 2026. That is a book value of ₹20.43 per share against a share price of ₹32.89.
In FY26, HP Adhesives' return on equity (ROE) was 3.8% and its return on capital employed (ROCE) was 3.9%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 10.3% and ROCE 11.9%.
HP Adhesives' market capitalisation was ₹302 crore at the previous close: 9.19 crore shares at ₹32.89 each.
HP Adhesives' basic earnings per share (EPS) were ₹0.76 in FY26, against ₹1.99 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹0.20.
In 2026, HP Adhesives has declared one dividend: ₹0.40 with record date 15 September 2026.
No. HP Adhesives had borrowings of ₹3.3 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.02. Its cash and current investments were ₹30.4 crore, so it held net cash of ₹27.2 crore.
HP Adhesives' debt-to-equity ratio was 0.02 on 31 March 2026: borrowings of ₹3.3 crore against total equity of ₹188 crore. A year earlier, on 31 March 2025, it was 0.03.
HP Adhesives' dividend yield is 1.22% at the previous close: dividends of ₹0.40 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹32.89. They were ₹0.40 on 15 September 2026.
HP Adhesives' net worth — shareholders' equity in its consolidated balance sheet — was ₹188 crore on 31 March 2026, up 1.9% from ₹184 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹302 crore at the previous close.
HP Adhesives' book value per share was ₹20.43 on 31 March 2026: shareholders' equity of ₹188 crore divided by the 9.19 crore shares in issue, up 1.9% from ₹20.06 a year earlier. The share price at the previous close was ₹32.89.
In FY26, HP Adhesives generated ₹7.1 crore of cash from operations and spent ₹12.8 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹5.8 crore. In FY25 it was −₹4.1 crore.
Promoters held 71.35% of HP Adhesives on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), HP Adhesives' consolidated net profit was ₹7 crore, down 61.8% from ₹18.2 crore in FY25, on revenue from operations of ₹249 crore (down 1.4%).
HP Adhesives has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On 30 September 2026, HP Adhesives' shares were held by promoters 71.35%, foreign portfolio investors (FII/FPI) 0.01%, domestic institutions (DII) 0.00% (including mutual funds at 0.00%) and retail and other non-institutional investors 28.64%. Over the year, FII holding was down 0.01 percentage points from 0.02%.
HP Adhesives' latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net loss ₹91 lakh, against a profit of ₹4.2 crore in Q1 FY26; revenue from operations ₹63.4 crore, down 4.1% year on year.
In FY26, HP Adhesives earned net profit of ₹7 crore on revenue of ₹249 crore, against ₹19.9 crore on ₹379 crore for Dynemic Products. HP Adhesives' operating margin was 2.9% (Dynemic Products 9.5%) and its return on equity 3.8% (Dynemic Products 8.5%).
On FY26 consolidated figures, against Dynemic Products, Poddar Pigments and Lords Chloro Alkali: HP Adhesives' operating margin of 2.9% is the lowest of the four (Dynemic Products 9.5%, Poddar Pigments 3.8%, Lords Chloro Alkali 12.0%; peer average 8.5%); its return on equity of 3.8% is the lowest of the four (Dynemic Products 8.5%, Poddar Pigments 4.1%, Lords Chloro Alkali 13.4%; peer average 8.7%).
From HP Adhesives' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.