HP Adhesives Ltd Stock Price Today (NSE: HPAL)
Fundamental Score
HP Adhesives Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
HP Adhesives Ltd share price today is ₹34.14, up +2.52% on NSE/BSE as of 5 August 2026. HP Adhesives Ltd (HPAL) is a Small-cap company in the Specialty Chemicals sector with a market capitalisation of ₹315.60 (Cr). The 52-week high for HPAL share price is ₹53.00 and the 52-week low is ₹26.52. At a P/E ratio of 42.19x, HPAL is currently trading above its industry average P/E of 31.95x. The company has a Return on Equity (ROE) of 4.03% and a debt-to-equity ratio of 0.02.
HP Adhesives Ltd Share Price Chart — NSE/BSE Historical Performance
HP Adhesives Ltd share price chart: -7.81% return over the past month. 52-week high ₹53.00, 52-week low ₹26.52.
HP Adhesives Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹32.90 | ₹33.50 | ₹32.30 | ₹32.56 | 38.09K (Cr) | |
| ₹33.00 | ₹33.35 | ₹32.50 | ₹32.91 | 46.67K (Cr) | |
| ₹33.69 | ₹33.69 | ₹32.65 | ₹32.75 | 17.70K (Cr) | |
| ₹33.00 | ₹33.85 | ₹32.30 | ₹32.51 | 42.55K (Cr) | |
| ₹33.50 | ₹34.56 | ₹33.01 | ₹33.39 | 47.94K (Cr) | |
| ₹32.27 | ₹34.00 | ₹32.25 | ₹33.29 | 36.77K (Cr) | |
| ₹33.49 | ₹34.02 | ₹32.11 | ₹32.43 | 41.31K (Cr) | |
| ₹34.30 | ₹34.78 | ₹33.31 | ₹33.58 | 33.69K (Cr) | |
| ₹34.35 | ₹35.00 | ₹33.36 | ₹34.29 | 98.71K (Cr) | |
| ₹34.75 | ₹34.75 | ₹32.72 | ₹34.03 | 54.42K (Cr) |
HP Adhesives Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹35.40 | ₹36.83 | ₹32.11 | ₹32.56 | -8.02% | |
| ₹37.00 | ₹38.35 | ₹34.25 | ₹35.17 | -4.95% | |
| ₹39.00 | ₹47.42 | ₹34.55 | ₹35.98 | -7.74% | |
| ₹29.50 | ₹41.72 | ₹27.61 | ₹37.63 | +27.56% | |
| ₹33.96 | ₹35.94 | ₹26.52 | ₹26.93 | -20.70% | |
| ₹39.50 | ₹42.50 | ₹36.30 | ₹36.67 | -7.16% | |
| ₹41.80 | ₹43.20 | ₹36.45 | ₹38.67 | -7.49% | |
| ₹45.75 | ₹45.75 | ₹40.25 | ₹41.17 | -10.01% | |
| ₹52.30 | ₹53.00 | ₹45.00 | ₹45.46 | -13.08% | |
| ₹47.30 | ₹52.45 | ₹45.80 | ₹51.50 | +8.88% | |
| ₹46.11 | ₹51.80 | ₹44.95 | ₹47.71 | +3.47% | |
| ₹48.92 | ₹49.82 | ₹43.65 | ₹46.13 | -5.70% |
AI Research Briefing
Powered by Gemini · 2026-04-15
Technical bounce doesn't mask the deteriorating financials of this micro-cap adhesive play.
WHAT'S HAPPENING NOW
HP Adhesives' investment rating was upgraded from Strong Sell to Sell on April 13, 2026, driven by improvements in technical indicators, although valuation and financial trends remain a concern. 20% decrease from the previous close. Trading window closed for insiders from April 1, 2026, ahead of FY26 results.
CORE STORY
HP Adhesives is a micro-cap play on the Indian construction and industrial adhesives market, overshadowed by Pidilite. The market narrative hinges on whether HPAL can carve out a profitable niche amidst rising costs and volatility.
- Technical indicators show a mildly bullish trend
- Trading window closed ahead of FY26 results
- Specialty chemicals sector in India is expected to grow
- Strong FY26 earnings
- Significant order wins
- Successful expansion into new markets
- Micro-cap: high liquidity risk
- Negative YoY profit growth
- Significant underperformance compared to the Sensex
FII shareholding decreased by -45.49% in the past 3 months. DII down 1.34%.
Indian chemical production is projected to increase by 10.9% in 2026, but high crude oil prices pose a threat.
Negative Free Cash Flow 5Y: ₹-50.87 Cr.
Next 3-6 months depend on earnings. Needs a massive beat to justify current valuation. Unlikely.
Primary Thesis Risk
Inability to translate sales growth into consistent profits will kill the story.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
HP Adhesives Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
HP Adhesives Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of HPAL across key market metrics for learning purposes.
Positive Indicators
4 factors identified
Consistent Growth Track Record (16.05% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Conservative Debt Levels (D/E: 0.02)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Balanced Promoter Holding (71.35%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
9 factors identified
Below-Average Return on Equity (4.03%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (5.61%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Premium Valuation Risk (P/E: 42.19x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Profit Decline Concern (-158.01%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Revenue Contraction (-11.83%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Weak Earnings Growth (-12.06% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (-5.75% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Negative Free Cash Flow (₹-51.39 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Limited Institutional Interest (FII+DII: 0.02%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
HP Adhesives Ltd vs Specialty Chemicals Peers
Peer Comparison - Specialty Chemicals
Compare HP Adhesives Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
HP Adhesives LtdHP Adhesives Lt...Selected✓ HPAL • 543433 | 23.1/100 | ₹34.14₹34 | ₹315.60₹315.60 | 42.19Average 42.2 Average | 4.03%Poor 4.03% Poor | 5.61%Poor 5.61% Poor | 0.02Excellent 0.0 Excellent | -5.75%Poor -5.75% Poor | 16.05%Excellent 16.05% Excellent | 1.16% |
Pidilite Industries LimitedPidilite Indust... PIDILITIND • 500331 | 65.3/100 | ₹1611.40₹1611 | ₹159989.82₹159989.82 | 64.97Average 65.0 Average | 23.92%Excellent 23.92% Excellent | 31.02%Excellent 31.02% Excellent | 0.04Excellent 0.0 Excellent | 16.69%Excellent 16.69% Excellent | 14.89%Good 14.89% Good | 0.73% |
Gujarat Fluorochemicals LtdGujarat Fluoroc... FLUOROCHEM • 542812 | 42.9/100 | ₹4366.80₹4367 | ₹45440.05₹45440.05 | 77.27Average 77.3 Average | 7.78%Poor 7.78% Poor | 9.86%Poor 9.86% Poor | 0.29Excellent 0.3 Excellent | 36.34%Excellent 36.34% Excellent | 13.52%Good 13.52% Good | 0.07% |
Navin Fluorine International LtdNavin Fluorine ... NAVINFLUOR • 532504 | 62.7/100 | ₹7567.50₹7568 | ₹39027.62₹39027.62 | 58.37Average 58.4 Average | 20.26%Excellent 20.26% Excellent | 21.37%Excellent 21.37% Excellent | 0.32Excellent 0.3 Excellent | 22.16%Excellent 22.16% Excellent | 22.95%Excellent 22.95% Excellent | 0.20% |
Deepak Nitrite LtdDeepak Nitrite ... DEEPAKNTR • 506401 | 32.8/100 | ₹1662.20₹1662 | ₹23159.08₹23159.08 | 41.37Average 41.4 Average | 9.97%Poor 9.97% Poor | 11.49%Average 11.49% Average | 0.28Excellent 0.3 Excellent | -6.33%Poor -6.33% Poor | 12.59%Good 12.59% Good | 0.44% |
Aether Industries LtdAether Industri... AETHER • 543534 | 36.3/100 | ₹1539.60₹1540 | ₹19624.13₹19624.13 | 86.74Average 86.7 Average | 9.66%Poor 9.66% Poor | 11.92%Average 11.92% Average | 0.19Excellent 0.2 Excellent | — — | — — | 0.00% |
Aarti Industries LtdAarti Industrie... AARTIIND • 524208 | 38.7/100 | ₹489.10₹489 | ₹18171.13₹18171.13 | 44.10Average 44.1 Average | 7.13%Poor 7.13% Poor | 6.85%Poor 6.85% Poor | 0.83Good 0.8 Good | -4.67%Poor -4.67% Poor | 12.96%Good 12.96% Good | 0.20% |
Atul LtdAtul Ltd... ATUL • 500027 | 58.2/100 | ₹6736.50₹6737 | ₹18051.49₹18051.49 | 26.58Average 26.6 Average | 11.49%Average 11.49% Average | 14.90%Average 14.90% Average | 0.03Excellent 0.0 Excellent | 1.26%Average 1.26% Average | 10.95%Good 10.95% Good | 0.49% |
BASF India LtdBASF India Ltd... BASF • 500042 | 52.2/100 | ₹3633.80₹3634 | ₹16002.35₹16002.35 | 38.38Average 38.4 Average | 10.92%Average 10.92% Average | 14.68%Average 14.68% Average | 0.03Excellent 0.0 Excellent | 7.67%Good 7.67% Good | 9.41%Good 9.41% Good | 0.68% |
Fine Organic Industries LtdFine Organic In... FINEORG • 541557 | 62.09999999999999/100 | ₹4816.50₹4817 | ₹15713.17₹15713.17 | 38.15Average 38.1 Average | 16.61%Good 16.61% Good | 21.47%Excellent 21.47% Excellent | 0.03Excellent 0.0 Excellent | 27.91%Excellent 27.91% Excellent | 15.86%Excellent 15.86% Excellent | 0.21% |
Anupam Rasayan India LtdAnupam Rasayan ... ANURAS • 543275 | 33.3/100 | ₹1207.80₹1208 | ₹14449.70₹14449.70 | 84.94Average 84.9 Average | 5.50%Poor 5.50% Poor | 7.36%Poor 7.36% Poor | 0.56Good 0.6 Good | 19.29%Excellent 19.29% Excellent | 23.88%Excellent 23.88% Excellent | 0.06% |
Top Specialty Chemicals Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Pidilite Industries Limited share price159989.82 Cr
- Gujarat Fluorochemicals Ltd share price45440.05 Cr
- Navin Fluorine International Ltd share price39027.62 Cr
- Deepak Nitrite Ltd share price23159.08 Cr
- Aether Industries Ltd share price19624.13 Cr
HP Adhesives Ltd PE Ratio History
Historical price-to-earnings ratio for HPAL — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹1.99 | ₹41.17 | 20.7x |
| FY 2024 | ₹2.24 | ₹81.92 | 36.6x |
| FY 2023 | ₹1.18 | ₹100.20 | 84.9x |
| FY 2022 | ₹0.79 | ₹74.64 | 94.5x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
HP Adhesives Ltd Dividend History
Annual cash dividends paid by HPAL — dividend yield 1.16%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹2.76 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
HP Adhesives Ltd Quarterly Performance
Latest quarterly metrics for HPAL — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
-11.83%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-158.01%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
16.05%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
-5.75%
Compounded annual net profit growth over 5 years
HP Adhesives Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for HPAL — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
HP Adhesives Ltd Financial Statements
Annual income statement, balance sheet and cash flow for HP Adhesives Ltd (HPAL) — sourced from NSE/BSE filings.
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Fetching financial data for HP Adhesives Ltd
About HPAL (HP Adhesives Ltd)
HP Adhesives Ltd is a dynamic player in the specialty chemicals sector, focused on the formulation, production, and marketing of a comprehensive suite of high-performance adhesives... and sealants. From its core manufacturing base, HP Adhesives meticulously crafts solutions designed for diverse application needs, ranging from plumbing and construction to specialized industrial uses. The company distinguishes itself through a commitment to quality and innovation, constantly refining its product offerings to meet the evolving demands of both domestic and international markets. HP Adhesives strives to be a trusted partner, providing reliable solutions that enhance performance and durability across a spectrum of critical applications. The product portfolio of HP Adhesives spans a wide array of adhesive technologies, encompassing everything from rapid-setting cyanoacrylates and robust epoxy formulations to flexible synthetic rubber adhesives and general-purpose white glues. In addition to these core offerings, the company produces a range of sealants in various colors and formulations, catering to specific sealing and gap-filling requirements. HP Adhesives further extends its reach with specialty products such as pipe lubricants, gasket shellacs, and even spray paints, positioning itself as a one-stop shop for a variety of adhesive and sealant needs. Each product is carefully formulated and rigorously tested to ensure optimal performance and reliability, reflecting the company's dedication to exceeding customer expectations. Complementing its primary adhesive and sealant lines, HP Adhesives also provides a selection of essential ancillary products designed to streamline application and enhance overall project efficiency. These include items such as ball valves, Teflon tapes for sealing threaded connections, and masking tapes for precise application and surface protection. By offering these complementary products, HP Adhesives aims to provide customers with a complete and integrated solution, simplifying their purchasing process and ensuring compatibility across all components. This holistic approach underscores the company's commitment to providing value beyond just adhesives and sealants, solidifying its position as a comprehensive solutions provider within the specialty chemicals landscape.
Company Details
Key Leadership
Corporate Events
HPAL Share Price: Frequently Asked Questions
What is the current share price of HP Adhesives Ltd?
HP Adhesives Ltd (HPAL) trades at ₹34.14 on NSE and BSE. Market cap ₹315.60 (Cr). Educational data only.
What is the P/E ratio of HP Adhesives Ltd?
HP Adhesives Ltd has a P/E of 42.19x vs industry average 31.95x.
What is the Bull Run score for HP Adhesives Ltd?
HP Adhesives Ltd has a Bull Run score of 23.1/100 based on 25+ financial parameters.
Does HP Adhesives Ltd pay dividends?
HP Adhesives Ltd has a dividend yield of 1.16%. Past dividends don't guarantee future payments.
What is the ROE of HP Adhesives Ltd?
HP Adhesives Ltd has ROE of 4.03%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of HP Adhesives Ltd?
HP Adhesives Ltd has debt-to-equity of 0.02.
Is HP Adhesives Ltd a good investment?
Bull Run gives HP Adhesives Ltd a score of 23.1/100. This is not investment advice — consult a SEBI-registered advisor.