HP ADHESIVES LIMITED

HPAL · General/Diversified · NSE

₹35

Current Market Price

Above Fair Value

Fair Value (DCF)

₹16

Discount to FV

-53.0%

Valuation engine: DCF

Updated just now

DCF Sensitivity →

YieldIQ Score

25/100

Piotroski F-Score

6/9

Economic Moat

None

Confidence

53%

ROE

3.7%

Debt/Equity

0.02

WACC

11.1%

Market Cap

₹322.20 Cr

Quality & Valuation

Neutral model outputs — no recommendations.

ROCE

8.3%

Return on capital employed

EV / EBITDA

17.4×

Enterprise multiple

Debt / EBITDA

0.3×

Leverage vs earnings

Interest Coverage

88.9×

EBIT covers interest

Current Ratio

3.57×

Short-term liquidity

Asset Turnover

1.12×

Revenue per ₹ of assets

Revenue CAGR (3Y)

2.3%

3-year revenue growth

Revenue CAGR (5Y)

5-year revenue growth

DCF Scenario Analysis

vs CMP ₹35.07

Bear case

Discount -214.5%

Base case

Discount -112.7%

Bull case

Discount -51.1%

Ratio Trends

HPAL · last 5 annual periods

ROE

3.7%

min 3.7%max 12.2%

ROCE

8.3%

min 7.2%max 17.4%

Operating Margin

min max

Debt / Equity

0.02×

min 0.02×max 0.14×

PE

61.7×

min 61.7×max 119.7×

EV / EBITDA

33.4×

min 33.4×max 49.6×

Historical Financials

HPAL · Annual, last 5 years· amounts in ₹Cr unless noted

Metric
2022
NSE_XBRL
2023
NSE_XBRL
2024
NSE_XBRL
2025
yfinance
2026
yfinance
CAGR
Revenue₹165 Cr₹233 Cr₹236 Cr₹250 Cr₹249 Cr+10.9%
EBITDA₹14.1 Cr₹20.3 Cr₹33.2 Cr₹30.6 Cr₹15.9 Cr+3.0%
EBIT₹11.3 Cr₹17.3 Cr₹30.0 Cr+27.7%
PAT₹6.0 Cr₹10.9 Cr₹20.6 Cr₹18.2 Cr₹7.0 Cr+3.8%
EPS (diluted)₹3.95₹5.91₹2.24-13.2%
CFO₹-10.2 Cr₹-5.0 Cr₹21.6 Cr₹17.1 Cr₹7.1 Cr
CapEx₹-17.4 Cr₹-16.0 Cr₹-16.5 Cr₹-14.0 Cr₹-12.8 Cr
FCF₹-27.6 Cr₹-21.1 Cr₹5.2 Cr₹3.1 Cr₹-5.8 Cr
Total Assets₹195 Cr₹185 Cr₹198 Cr₹228 Cr₹232 Cr+4.4%
Total Debt₹18.6 Cr₹8.5 Cr₹3.2 Cr₹7.7 Cr₹4.2 Cr-30.9%
Shareholders' Equity₹137 Cr₹148 Cr₹169 Cr₹184 Cr₹188 Cr+8.1%

CAGR computed across the visible window. Signs reverse if start value is zero or negative.

Peer Comparison

HPAL vs 5 closest peers by market-cap band

PeerMoSScoreVerdictROEPE
KOTYARK

KOTYARK

Pending10.4%
RUBFILA

RUBFILA

Pending10.0%
PLASTIBLEN

PLASTIBLEN

Pending7.8%
MANORG

MANORG

Pending4.3%
GOACARBON

GOACARBON

Pending-28.6%

Click a ticker to view its fair-value analysis.

Dividend History

2 ex-dividend events on file. Source: NSE corporate-actions feed.

Total paid (5Y)

₹0.70/sh

Last payout

2025-09-23

₹0.40

Peak payout

₹0.40

Trailing yield

1.14%

Amounts parsed from NSE subject lines. Percent-of-face-value declarations are converted using the per-ticker face value (defaults to ₹10).

AI Analysis Summary

Model-generated description of metrics. Not investment advice. HP ADHESIVES LIMITED (HPAL.NS) trades at 35.07 vs a model fair value of 16.49, a gap of -53.0%. Piotroski F-score: 6/9. Moat label: None....

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Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.