MarketFriction

SPEB Adhesives Ltd

NSE SPEB · Specialty Chemicals
₹86.00 -2.71%
NSE close2026-10-01
52 week range46.55 - 98.25
Market cap₹197 Cr.
P/E28.6
IPO 2025 · +54% since Price band 10% Delivery 100.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Mar 2025Sep 2025Mar 2026
Sales23.0724.7725.80
Expenses18.8719.8721.67
Operating Profit4.204.904.13
OPM %18.21%19.78%16.01%
Other Income0.680.270.61
Interest0.000.000.00
Depreciation0.200.260.36
Profit before tax4.684.914.38
Tax %30.56%25.46%26.71%
Net Profit3.253.653.21
EPS in Rs1.852.071.43
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales27.8838.3542.5644.8650.57
Expenses24.2535.9636.0236.8441.48
Operating Profit3.632.396.548.029.09
OPM %13.02%6.23%15.37%17.88%17.98%
Other Income0.380.420.600.900.87
Interest0.220.020.020.020.05
Depreciation0.350.320.480.440.62
Profit before tax3.442.476.648.469.29
Tax %24.71%27.53%25.75%28.49%26.16%
Net Profit2.601.794.946.056.87
EPS in Rs2,940.483.443.06
Dividend Payout %0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%10%13%
Compounded Profit Growth%%57%11%
Stock Price CAGR%%%%
Return on Equity%19%22%17%
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.180.180.1717.6122.46
Reserves17.3719.1519.307.7533.29
Borrowings0.000.000.000.00-0.01
Other Liabilities1.251.141.231.912.23
Total Liabilities18.8020.4720.7027.2757.97
Fixed Assets2.031.712.562.303.50
CWIP0.000.000.000.000.00
Investments3.263.130.000.000.00
Other Assets13.5115.6318.1424.9754.47
Total Assets18.8020.4720.7027.2757.97
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-1.120.373.916.564.74
Cash from Investing Activity3.260.422.31-6.14-10.51
Cash from Financing Activity-2.760.00-4.93-0.5224.03
Net Cash Flow-0.620.781.29-0.1018.27
Free Cash Flow-1.470.372.626.20-10.01
CFO/OP-1%52%85%110%80%
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days84.4472.4353.0955.8258.03
Inventory Days52.8939.5936.2228.3135.11
Days Payable0.000.009.6710.8117.56
Cash Conversion Cycle137.33112.0279.6373.3275.59
Working Capital Days115.2198.9872.6467.5368.93
ROCE %13.50%34.12%38.59%23.03%
Dec 2025Mar 2026
Promoters73.18%73.18%
FIIs1.99%0.40%
DIIs10.15%8.26%
Public14.68%18.15%
No. of Shareholders595291

Fundamentals

Market Cap₹ 197 Cr.
Current Price₹ 87.5
Stock P/E28.6
Book Value₹ 24.8
ROCE23.0 %
ROE16.9 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)13%
Compounded Profit Growth (TTM)11%
Standalone figures.
Ownership
Promoter holding73.18%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodSPEBNifty 50Difference
1 week-5.5%-2.8% -2.7 pts
1 month-1.9%-6.8% +4.9 pts
3 months-10.1%-7.6% -2.5 pts
6 months+52.9%+0.4% +52.5 pts

Red flags

No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

No quarterly results published.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded

Quick answers

What is the market cap of SPEB Adhesives Ltd?

SPEB Adhesives Ltd (SPEB) has a market capitalisation of Rs 197 Cr. at the 2026-10-01 close.

What is the P/E ratio of SPEB Adhesives Ltd?

SPEB Adhesives Ltd trades at a P/E of 28.6 on trailing twelve-month profit, at the 2026-10-01 close.

What is the 52-week high and low of SPEB Adhesives Ltd?

The 52-week high is Rs 98.25 and the 52-week low is Rs 46.55.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03