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What is the PE ratio of Hindustan Adhesives Ltd?

Hindustan Adhesives Ltd has a price-to-earnings (PE) ratio of 9.1 in the Industrial Products sector.

What is the market capitalisation of Hindustan Adhesives Ltd?

Hindustan Adhesives Ltd has a market capitalisation of approximately ₹134 crore.

Hindustan Adhesives Ltd

HINDUSTANADHESIVESLTD·NSE·Industrial Products

₹0.00▲ +0.00 (+0.00%)

⚠️Trading suspended. Not a live price.

Industrial Products · Plastic Products - Industrial

A steady, established business

52W₹248

₹359-222%

Open

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High

—

Low

—

Prev Close

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Volume

—

VWAP

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Snapshot

Key fundamentals

Market Cap

₹134 Cr

P/E Ratio

9.10Cheap

P/B Ratio

1.55

EPS

₹29.12

Book Value

₹213.00

ROE

15.90%Strong

ROCE

13.00%Decent

Dividend Yield

0.00%

Debt / Equity

1.06Elevated

Face Value

₹10.00

52W High

₹359.00

52W Low

₹247.60

Sector

Industrial Products

Industry

Plastic Products - Industrial

Fairly Valued

None moatHigh uncertainty

Fair value estimate

₹252

No recent traded price

BearFair valueBull

₹214₹252₹374

/100

Business quality — Solid

Growth 50Profitability 38Efficiency 25Valuation 74

Plain English

Our view

A steady, established business
Reasonably priced at 9× earnings

Strengths

Reasonably priced at 9× earnings
Promoters hold a controlling stake

How we got there

Fair value methods

Residual income

16% ROE fading to 14% over ~3 yrs, on ₹213 book

₹218

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹374

Analyst target

No analyst coverage

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Blended fair value₹252

What the numbers say

Investment thesis

Bull case

Reasonably priced at 9× earnings
Promoters hold a controlling stake

Bear case

No notable red flags from the current metrics.

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

9.1Cheap

Below 15× is value territory; above 35× prices in strong growth

ROE

15.9%Strong

Above 15% is considered healthy for Indian equities

ROCE

13.0%Decent

Above 18% means capital is working hard

Debt/Eq

1.06Elevated

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹134 Cr

P/B

1.55

EPS

₹29.12

Div Yield

—

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Attractive

P/E 9.1×

Growth

Shrinking

-5% rev CAGR

Profitability

Healthy

15.9% ROE

Financial health

Leveraged

D/E 1.06

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover—

Trades—

VWAP—

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

-5.5%

-10.6%

10Y

+12.9%

Profit

-2.1%

+2.9%

10Y

+11.6%

EPS

-3.2%

+3.5%

10Y

+12.1%

Profile

Pros

Stock is trading at 1.19 times its book value

Watch-outs

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Contingent liabilities of Rs.41.7 Cr.
Company might be capitalizing the interest cost

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Ownership was broadly stable versus the previous quarter. The QoQ column shows each group's change versus the prior quarter.

68%

Promoter

Promoters

68.5%0.00

Public

18.2%-0.10

FII / FPI

0.0%0.00

DII

0.0%0.00

Others

13.3%

Total shareholders

7,047-161 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter68.48%

Public18.20%

Others13.32%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 1988, Hindustan Adhesive Ltd manufactures and supplies Carton Sealing Tapes and Adhesive Coated products[1]