Hindustan Adhesives Ltd
HIND

Hindustan Adhesives Ltd (514428)

₹469.52.94%

Key Stats

₹455.1
Day's Price Range
₹528
₹208.8
52-Week Price Range
₹658.4
1 Month Return14.71 %
3 Month Return15.27 %
1 Year Return85.29 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 315
2365
EPS
Rank 309
₹0.2
BVPS
Rank 254
₹46.9
Dividend Yield
Rank 61
1.69%
ROE
Rank 70
25.51%
Price To Book Ratio
Rank 277
10.08
Debt To Asset
Rank 263
0.59

Company Information

Incorporated on 5 Apr.88 Hindustan Adhesives HAL was promoted L K Bagla and M S Bagla for manufacturing biaxially oriented polypropylene BOPP selfadhesive tapes cap. : 52 mln sq mtr pa and BOPP films cap. : 2500 tpa at Ghaziabad UP. The company has stateoftheart equipment like the acrylic adhesive coating machine hot melt coating and adhesive making machine and BOPP film making equipment. The BOPP adhesive tapes are mainly used in the packaging industry. HAL markets these tapes under the brand names Mystic Stic Me and Boss Tech while its major clients include the Jindal group SIEL Dabur and Parasrampuria. The film manufactured by the BOPP film plant is used captively for manufacturing PSA tapes. In 1994 the company implemented its backward integration project for manufacturing biaxially oriented polypropylene films. To partfinance this project the company came out with an issue of equity shares at a premium of Rs 15 in Aug.94. The company has expanded its BOPP film plant by installing another plant of 1300 tpa. The project was funded through internal accruals. During 19992000 the company was awarded ASIASTAR 99 award from the Asian Packaging Federation for developing selfadhesive tear tapes of worldclass quality. As the demand for BOPP film products was increasing the company has opened the BOPP film unit which was closed since last 4 years.
OrganisationHindustan Adhesives Ltd
HeadquartersNew Delhi
IndustryPackaging