HP Adhesives logo

HP Adhesives share price

NSE: HPALBSE: 543433Chemicals & PetrochemicalsSmall Cap

HP Adhesives Limited · Face value ₹2 · Listed Dec 2021 · Issue price ₹274
Last close ₹32.89down ₹0.10 (0.30%)BSE ₹33.00

Share price at the NSE close on 29 Oct 2026. Previous close ₹32.99.

29 Oct: open ₹32.99, high ₹33.48, low ₹32.02

52-week range of traded prices to 29 Oct 2026
₹26.52Low, 30 Mar 2026₹53.00High, 3 Nov 2025
Market cap
₹302 Cr2,075th largest listed
P/E
Earlier quarters restated in the year
P/B
1.61
Dividend yield
1.22%
ROCE
0.3%
Debt to equity
0.02
Volume, NSE
24,87884.0% delivered

HP Adhesives share price chart

Daily closes since Dec 2021, adjusted for splits and bonuses

−35.3%over a year · Nifty 500 −8.4%

Results20-session average 40,299 shares a day, 68.3% delivered

Results

Standalone, as consolidated accounts are on record for only 2 of the last ten years; ₹ crore.HP Adhesives quarterly results

Revenue growth, 12 months
−2.7%
Net profit growth, 12 months
–

Quarter to Jun 2026, against the quarter before

Revenue
₹63 Crup 9.76%
Net profit
−₹0.84 CrQuarter to Mar 2026: −₹2.39 Cr
Net margin
−1.3%

Revenue by quarter

₹59 CrSep 24₹66 CrDec 24₹66 CrMar 25₹66 CrJun 25₹65 CrSep 25₹65 CrDec 25₹58 CrMar 26₹63 CrJun 26

Net profit by quarter, a loss in red

  • Net profit
  • Loss
₹4.12 CrSep 24₹3.96 CrDec 24₹4.12 CrMar 25₹4.22 CrJun 25₹3.55 CrSep 25₹1.50 CrDec 25−₹2.39 CrMar 26−₹0.84 CrJun 26
A loss in 2 of the 8 quarters shown

The quarters either side of a change of basis do not compare. From the quarter to Mar 2026, the company's revenue for the year to Mar 2026, ₹249 Cr, differs from its quarters added, ₹254 Cr.

₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue58.965.766.266.165.164.857.763.3
Net profit4.14.04.14.23.51.5−2.4−0.8
Net margin7.0%6.0%6.2%6.4%5.4%2.3%−4.1%−1.3%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturing of Adhesives & Sealants, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, P/E: a results filing in the last twelve months restated the quarters before it inside its year to date, so the four quarters as the company reported them do not add to a twelve-month profit; the ratio returns once the trailing year no longer holds a quarter from before the restatement. Its history crosses a change of basis in the accounts in the year to Mar 2026: days before it are of the company before the change.HP Adhesives PE ratio and valuation

Price to book

At or below today's level on 2% of 1,105 trading days since May 2022.

LowestHighest
Its median4.72Industry median2.53
Dividend yield

At or below today's level on 98% of 1,186 trading days since Jan 2022.

LowestHighest
Its median0.00%Industry median0.51%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−42.5%−61.3%+45.0%1.5%
3 years−27.4%−14.1%−16.5%0.9%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2023 and Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.HP Adhesives shareholding pattern

Shareholding by group

  • Promoters71.35%
  • Foreign institutions0.01%
  • Individuals and others28.64%
Holder
ANJANA H. MOTWANIPromoter31.24%
KARAN HARESH MOTWANIPromoter29.22%
NIDHI HARESH MOTWANIPromoter10.88%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Since Jun 2026: promoters unchanged, foreign institutions unchanged, Indian institutions unchanged, mutual funds unchanged.

HP Adhesives competitors and peers

Specialty Chemicals, 130 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to HP Adhesives in market cap.Chemical companies

HP Adhesives is not on the chart: it has no P/E or return on equity today

Return on equity across, P/E up, size is market cap
Company
Silkflex Polymers (India) logoSilkflex Polymers (India)SILKFLEX39323.89–+57.2%+127.0%34.9%–0.00%
Aarti Surfactants logoAarti SurfactantsAARTISURF38821.091.58+25.2%+20.5%7.7%10.8%0.22%
Patel Chem Specialities logoPatel Chem SpecialitiesPATELCHEM34227.273.44––12.6%–0.00%
Agastya Energy and Infrastructure logoAgastya Energy and InfrastructureAGASTYAEN303––−28.7%−5,243.2%−41.3%−33.8%0.00%
Nikhil Adhesives logoNikhil AdhesivesNIKHILAD295–2.03+13.1%––15.4%0.34%
Dynemic Products logoDynemic ProductsDYNPRO29014.281.18−2.9%+19.3%8.7%11.2%0.64%
India Gelatine & Chemicals logoIndia Gelatine & ChemicalsINDGELA2579.851.33−5.9%+34.3%14.3%13.3%1.66%
Narmada Gelatines logoNarmada GelatinesSHAWGELTIN2487.121.71––26.2%27.8%2.68%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.HP Adhesives dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 22Mar 230.3Mar 240.4Mar 250.4Mar 26
Highest ₹0.40 a share, years to Mar 2025 and Mar 2026.
Ex-dateTypePer share
15 Sep 2026Final₹0.40
23 Sep 2025Final₹0.40
13 Sep 2024Final₹0.30
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.HP Adhesives announcements

HP Adhesives share price by year

Each calendar year to 2025.HP Adhesives share price history

YearClose at year endChangeHighest closeLowest close
202541.17−49.7%80.0740.84
202481.92−18.2%126.4076.22
2023100.20+34.2%107.1762.29
202274.64−7.1%95.3467.62
202180.38–80.3866.15
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 27 Dec 2021.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 202632.8933.4831.5032.9932.6825,91571.3%
27 Oct 202630.6932.9030.0032.4531.8223,58476.8%
26 Oct 202630.0030.4828.3230.1229.7730,14364.1%
23 Oct 202632.6632.6629.3029.9330.3373,63176.6%
22 Oct 202632.8832.8831.4532.0232.2244,18463.4%
21 Oct 202634.5034.5032.3632.4932.9662,96557.3%
19 Oct 202634.1934.9833.2134.1433.8630,59266.2%
16 Oct 202634.5034.6934.0034.1934.2820,24182.3%
15 Oct 202634.0534.4433.5133.8233.8213,74172.2%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
9 Nov 2023Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
Anjana Haresh Motwani
At the end of the quarter to Jun 2026
Managing director
Karan Haresh Motwqani
At the end of the quarter to Jun 2026
NSE symbol
HPAL
BSE code
543433
ISIN
INE0GSL01024
Industry
Chemicals & Petrochemicals
CIN
L24304MH2019PLC325019
Corporate identity number, the registrar of companies' code for it
Incorporated
2019
Registered office
11, Unique House, Chakala Cross Road, Andheri East, Mumbai 400099, Maharashtra
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments