Sustained Revenue GrowthConsistent top-line growth from 2020–2025 indicates durable demand and successful market penetration. Over multiple years this supports investments in distribution, scale economies, and product development, reducing per-unit costs and strengthening competitive position across end markets.

Improving Gross MarginsA multi-year rise in gross margin signals structural improvements in input sourcing, pricing power, or product mix towards higher-value adhesives. This margin expansion is durable, bolstering cash generation potential and resilience to raw material volatility over the medium term.

Branded Distribution & Product BreadthA branded multi-tier distribution network plus a diversified product portfolio across consumer and industrial segments creates recurring retail pull, broad channel reach, and lower customer concentration risk, supporting stable volumes and repeat demand over time.

Bears Say

Declining Net Profit MarginsWorsening net margins despite revenue growth suggests rising operating or SG&A pressure that could erode sustainable profitability. Over months this reduces retained earnings available for capex, dividends, or debt reduction and increases sensitivity to cost shocks.

Negative & Fluctuating Free Cash FlowVolatile and negative free cash flow undermines financial flexibility, forcing reliance on external funding for working capital or growth. Persistent weakness in operating cash generation can constrain investment, delay new product rollout, and elevate refinancing risk over the medium term.

Rising Total LiabilitiesGrowing liabilities, even alongside stronger equity, raise leverage and interest obligations that could pressure liquidity if earnings or cash flows weaken. Over 2–6 months this limits strategic optionality and increases vulnerability to margin compression or higher borrowing costs.

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)...

5M 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 ₹57.50 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 73 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.