Revenue Growth MomentumConsistent top-line expansion over 2020–2025 signals durable demand for adhesives across woodworking, furniture and construction end-markets. Coupled with the company's branded multi‑tier distribution, this revenue momentum supports sustained market penetration and scale advantages over the next several months.

Improving Gross MarginsMargin expansion of nearly 500 basis points over the period indicates effective cost control and/or a shift toward higher‑value specialty products. Sustained higher gross margins enhance operating leverage, giving the company room to invest in distribution, product development, or absorb raw material volatility.

Stronger Balance Sheet BaseSignificant equity growth and better leverage metrics provide a buffer against downturns and increase financial flexibility for capex or working capital. A stronger equity base reduces refinancing risk and supports medium‑term strategic initiatives without immediate reliance on costly external debt.

Bears Say

Negative Free Cash FlowA swing to negative free cash flow and weakening operating cash flow suggest the company may struggle to internally fund growth or working capital needs. Over a multi‑month horizon this raises dependence on external financing and could constrain investment or increase interest costs if liquidity is tight.

Net Margin CompressionErosion at the net margin level despite higher gross margins indicates rising SG&A, financing, or other non‑production costs. This weakens profit conversion and suggests earnings are more sensitive to cost and expense pressures, reducing durability of reported profits absent corrective action.

Rising Liabilities RiskAn uptick in total liabilities elevates financial risk if not matched by stronger cash generation. Higher liabilities can raise interest expense, constrain liquidity and limit strategic flexibility, particularly if operating cash flow remains under pressure and external funding conditions tighten.

HP Adhesives Ltd. News

HP Adhesives Reports Fire at Maharashtra Manufacturing Unit; No Casualties, Insurance in Place

HP Adhesives Ltd. ( ($IN:HPAL) ) has provided an update. HP Adhesives Limited has reported a fire incident...

1M ago

HPAL

HP Adhesives Ltd. Announces Non-Applicability of SEBI Regulation for Q3 2025

HP Adhesives Ltd. ( ($IN:HPAL) ) has provided an update. HP Adhesives Ltd. has announced that Regulation 74(5)...

4M ago

HPAL

HPAL FAQ

What was HP Adhesives Ltd.’s price range in the past 12 months?

HP Adhesives Ltd. lowest stock price was ₹36.50 and its highest was ₹62.51 in the past 12 months.

What is HP Adhesives Ltd.’s market cap?

HP Adhesives Ltd.’s market cap is ₹3.54B.

When is HP Adhesives Ltd.’s upcoming earnings report date?

HP Adhesives Ltd.’s upcoming earnings report date is May 08, 2026 which is in 80 days.

How were HP Adhesives Ltd.’s earnings last quarter?

HP Adhesives Ltd. released its earnings results on Feb 12, 2026. The company reported ₹0.177 earnings per share for the quarter, beating the consensus estimate of N/A by ₹0.177.

Is HP Adhesives Ltd. overvalued?

According to Wall Street analysts HP Adhesives Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does HP Adhesives Ltd. pay dividends?

HP Adhesives Ltd. pays a Notavailable dividend of ₹0.4 which represents an annual dividend yield of 0.94%. See more information on HP Adhesives Ltd. dividends here

What is HP Adhesives Ltd.’s EPS estimate?

HP Adhesives Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does HP Adhesives Ltd. have?

HP Adhesives Ltd. has 91,874,730 shares outstanding.

What happened to HP Adhesives Ltd.’s price movement after its last earnings report?

HP Adhesives Ltd. reported an EPS of ₹0.177 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 0.805%.

Which hedge fund is a major shareholder of HP Adhesives Ltd.?

Currently, no hedge funds are holding shares in IN:HPAL

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

HP Adhesives Ltd.

HP Adhesives Limited manufactures and markets consumer adhesives and sealants products in India. Its products include PVC, cPVC and uPVC, solvent cement, synthetic rubber adhesive, PVA adhesives, silicone sealant, acrylic sealant, gasket shellac, other sealants, and PVC pipe lubricant. The company also offer ancillary products, such as ball valves, thread seal, and other tapes and FRP products for drainage and architectural solutions. It sells its products through a network of distributors in India; and exports its products through a network of distributors and direct customers. The company was founded in 1987 and is based in Mumbai, India.