Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Hind.Adhesive
Quarter-by-quarter operating performance
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 75.99 | 54.20 | 81.10 | 81.11 | 70.34 | 71.61 | 64.06 | 84.44 | 72.55 | 63.77 | 66.39 | 65.87 | 66.58 |
| Expenses + | 72.81 | 50.75 | 73.74 | 72.89 | 60.72 | 63.96 | 58.98 | 74.42 | 63.74 | 53.46 | 57.74 | 54.77 | 55.20 |
| Operating Profit | 3.18 | 3.45 | 7.36 | 8.22 | 9.62 | 7.65 | 5.08 | 10.02 | 8.81 | 10.31 | 8.65 | 11.10 | 11.38 |
| OPM % | 4.18% | 6.37% | 9.08% | 10.13% | 13.68% | 10.68% | 7.93% | 11.87% | 12.14% | 16.17% | 13.03% | 16.85% | 17.09% |
| Other Income + | 0.38 | 0.68 | 1.03 | 0.82 | 0.82 | 0.33 | 1.12 | 0.87 | 1.43 | 1.09 | 0.84 | 1.18 | 1.07 |
| Interest | 1.98 | 1.38 | 1.42 | 1.35 | 1.18 | 1.31 | 1.19 | 1.48 | 1.57 | 1.91 | 1.89 | 1.43 | 1.72 |
| Depreciation | 2.97 | 2.18 | 2.06 | 2.07 | 2.12 | 2.49 | 2.17 | 2.22 | 2.48 | 4.25 | 2.48 | 2.49 | 2.88 |
| Profit before tax | -1.39 | 0.57 | 4.91 | 5.62 | 7.14 | 4.18 | 2.84 | 7.19 | 6.19 | 5.24 | 5.12 | 8.36 | 7.85 |
| Tax % | -22.30% | -80.70% | 13.85% | 31.14% | 36.27% | 10.05% | 25.00% | 25.31% | 25.85% | 37.02% | 26.76% | 22.01% | 29.04% |
| Net Profit + | -1.08 | 1.03 | 4.23 | 3.87 | 4.55 | 3.76 | 2.13 | 5.37 | 4.59 | 3.30 | 3.75 | 6.52 | 5.57 |
| EPS in Rs | -2.11 | 2.01 | 8.27 | 7.56 | 8.89 | 7.35 | 4.16 | 10.50 | 8.97 | 6.45 | 7.33 | 12.74 | 10.89 |
Financials of Hind.Adhesive
Annual income statement trend
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 78 | 76 | 69 | 74 | 76 | 140 | 153 | 214 | 449 | 321 | 303 | 285 | 263 |
| Expenses + | 69 | 67 | 59 | 63 | 68 | 129 | 141 | 192 | 416 | 301 | 271 | 250 | 221 |
| Operating Profit | 8 | 9 | 10 | 11 | 8 | 11 | 12 | 21 | 33 | 20 | 33 | 34 | 41 |
| OPM % | 11% | 12% | 14% | 15% | 11% | 8% | 8% | 10% | 7% | 6% | 11% | 12% | 16% |
| Other Income + | 0 | 0 | 0 | 1 | 1 | 4 | 6 | 7 | 4 | 3 | 3 | 5 | 4 |
| Interest | 3 | 3 | 3 | 3 | 3 | 5 | 5 | 6 | 8 | 7 | 5 | 6 | 7 |
| Depreciation | 2 | 4 | 3 | 3 | 3 | 6 | 7 | 8 | 11 | 11 | 9 | 11 | 12 |
| Profit before tax | 3 | 3 | 3 | 5 | 3 | 4 | 6 | 14 | 18 | 6 | 22 | 21 | 27 |
| Tax % | 25% | 38% | 35% | 8% | 26% | 33% | -15% | 36% | 31% | 16% | 25% | 28% | |
| Net Profit + | 2 | 2 | 2 | 5 | 2 | 2 | 7 | 9 | 13 | 5 | 16 | 15 | 19 |
| EPS in Rs | 4.67 | 3.07 | 4.14 | 9.60 | 4.87 | 4.63 | 12.86 | 17.10 | 24.47 | 9.50 | 32.07 | 30.08 | 37.41 |
| Dividend Payout % | 0% | 0% | 0% | 10% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Hind.Adhesive
Capital structure and asset base
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 11 | 12 | 14 | 19 | 22 | 24 | 30 | 38 | 50 | 55 | 71 | 87 | 97 |
| Borrowings + | 24 | 22 | 21 | 21 | 49 | 54 | 70 | 84 | 80 | 66 | 60 | 87 | 84 |
| Other Liabilities + | 14 | 15 | 12 | 13 | 20 | 28 | 21 | 37 | 66 | 42 | 50 | 60 | 70 |
| Total Liabilities | 54 | 54 | 53 | 58 | 96 | 111 | 126 | 164 | 201 | 168 | 186 | 239 | 256 |
| Fixed Assets + | 22 | 24 | 22 | 23 | 21 | 56 | 62 | 76 | 80 | 77 | 72 | 70 | 66 |
| CWIP | 0 | 0 | 0 | 1 | 32 | 0 | 11 | 0 | 0 | 0 | 0 | 23 | 26 |
| Investments | 0 | 0 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 15 | 20 | 23 |
| Other Assets + | 32 | 30 | 29 | 32 | 42 | 54 | 52 | 86 | 120 | 88 | 99 | 125 | 141 |
| Total Assets | 54 | 54 | 53 | 58 | 96 | 111 | 126 | 164 | 201 | 168 | 186 | 239 | 256 |
Financials of Hind.Adhesive
Operating, investing and financing cash movement
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 3 | 10 | 8 | 7 | 5 | 11 | 10 | 6 | 25 | 27 | 27 | 15 |
| Cash from Investing Activity + | -2 | -6 | -3 | -5 | -31 | -10 | -23 | -12 | -15 | -10 | -15 | -37 |
| Cash from Financing Activity + | -0 | -4 | -5 | -3 | 26 | -1 | 12 | 8 | -10 | -20 | -10 | 22 |
| Net Cash Flow | 1 | -0 | 0 | -1 | 1 | 1 | -1 | 2 | -0 | -2 | 1 | -1 |
| Free Cash Flow | 1 | 5 | 7 | 2 | -26 | 1 | -13 | -6 | 10 | 19 | 23 | -14 |
| CFO/OP | 40% | 121% | 93% | 80% | 75% | 106% | 94% | 40% | 94% | 146% | 103% | 61% |
Financials of Hind.Adhesive
Working capital efficiency and return ratios
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67 | 63 | 62 | 70 | 74 | 59 | 43 | 55 | 38 | 29 | 48 | 35 |
| Inventory Days | 79 | 99 | 126 | 120 | 162 | 88 | 75 | 68 | 56 | 86 | 72 | 141 |
| Days Payable | 76 | 78 | 72 | 79 | 122 | 80 | 41 | 55 | 47 | 42 | 47 | 84 |
| Cash Conversion Cycle | 69 | 84 | 115 | 110 | 114 | 67 | 77 | 68 | 47 | 74 | 72 | 92 |
| Working Capital Days | 2 | -1 | -5 | 13 | 16 | 4 | 14 | 12 | 2 | -1 | -6 | 2 |
| ROCE % | 18% | 15% | 17% | 19% | 10% | 11% | 12% | 17% | 20% | 10% | 21% | 17% |
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