Sonal Adhesives Limited

Sonal Adhesives Limited

BBSE:SONALAD
43.91
INR
+1.32
(+3.10%)
2.03EPS
24.09P/E
294.74MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
93.84
71.41
40.33
44.74
71.02
61.67
53.04
28
96.8
137.49
166.06
182.04
208.62
221.38
Basic EPS, GAAP
0.98
0.76
-4.35
-5.14
-6.24
-1.69
-3.1
-1.36
9.25
3.74
3.06
2.91
2.26
2.03
Free Cash Flow per Basic Share
2.89
-10.45
3.22
-0.16
1.07
-6.25
-2.19
5.98
30.95
-2.1
-0.87
11.38
-11.57
- -
Dividend per Share
- -
- -
- -
- -
0.08
0.08
0.09
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
15.4
15.96
11.61
6.51
0.28
-1.39
-4.5
-5.83
5.08
8.83
11.9
14.79
17.08
- -
Tangible Book Value per Share
15.4
15.96
11.61
6.51
0.28
-1.39
-4.5
-5.83
5.08
8.83
11.9
14.79
17.08
- -
Basic Weighted Avg Shares
6
6
6
6
6
6
6
6
6
6
6
6
6
6
Sales/Revenue/Turnover
569
433
244
271
430
374
321
170
587
833
1,007
1,103
1,264
1,257
Operating Margin (%)
5.36
5.49
-17.07
-15.08
-8.17
-4.58
-8.94
-7.94
-0.4
3.03
3.03
2.45
1.36
1.23
Depreciation Expense
4
8
8
8
8
7
8
7
7
6
7
7
13
13
Net Income, GAAP
6
5
-26
-31
-38
-10
-19
-8
56
23
19
18
14
12
Effective Tax Rate (%)
25.9
16.94
- -
- -
- -
- -
- -
- -
27.35
25.06
25.6
27.23
17.41
15.07
Profit Margin (%)
1.05
1.06
-10.78
-11.48
-8.78
-2.74
-5.84
-4.86
9.56
2.72
1.84
1.6
1.08
0.92
Working Capital
40
27
-24
-104
-117
-127
-122
-126
-36
-4
17
-22
28
- -
LT Debt
29
14
- -
- -
- -
- -
- -
- -
1
3
11
24
62
- -
Total Equity
93
97
70
39
2
-8
-27
-35
31
54
72
90
104
- -
Return on Invested Capital (%)
2.53
1.6
- -
- -
- -
- -
- -
- -
43.75
23.74
16.45
11.31
5.17
- -
Return on Capital (%)
8.57
8.23
- -
- -
- -
- -
- -
- -
46.3
30.24
18.73
15.64
10.39
- -
Return on Common Equity (%)
6.58
4.83
-31.53
-56.7
-183.6
- -
- -
- -
- -
53.73
29.52
21.82
14.2
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
156
- -
LT Borrowings
- -
62
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
277
190
295

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
345
- -
Cash, Cash Equivalents & STI
- -
13
- -
Accounts Receivable, Net
- -
142
- -
Inventories
- -
158
- -
Total Current Liabilities
- -
317
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
156
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-51.98%
-7.77%
15.43%
Free Cash Flow
-334.32%
-270.51%
-201.64%
Net Income, GAAP
-89.13%
-177.06%
-22.28%
Sales/Revenue/Turnover
32.81%
66.55%
14.6%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
249
272
264
318
1,103
2026
283
349
290
342
1,264
2027
275
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.06
0.72
0.49
0.65
2.91
2026
0.74
0.44
0.25
1.12
2.26
2027
0.38
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Sandeep Mohanlal Arora
Full Time Employees
25
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
Plot No. 28 Mumbai MA India 410203
IPO Date
Feb 14, 1995
Business
Sonal Adhesives Limited Sonal Adhesives Limited (SONALAD.BO) manufactures and exports biaxially oriented polypropylene (BOPP) self-adhesive tapes and specialty adhesives and emulsions in India. The company produces BOPP carton sealing tapes featuring water-based acrylic adhesives, available as plain tapes, printed tapes in up to four colors, colored tapes, jumbo rolls, easy tear or hand sealable tapes, low noise tapes, stationery tapes, and masking tapes; specialty adhesives and emulsions since 1996, including high-quality paint emulsions, textile binders for printing and flocking applications, adhesives for BOPP tapes, stickers and lamination, woodworking adhesives, and emulsions for construction chemicals with an annual capacity of 6,000 TPA; and PP/HDPE ropes and twines in 3- and 4-strand configurations up to 32 mm diameter and bale twines up to 100,000 denier, primarily for export. Products are marketed under the SONAL and ADICRYL brands to dealers and end-users across industrial sectors in India and exported to Spain, Nigeria, Germany, Middle East countries, and the African continent. Incorporated in 1991 and listed on the Bombay Stock Exchange since 1995, the ISO 9001:2008-certified company operates a manufacturing facility in Khopoli, Maharashtra, near major seaports and 85 km from Mumbai Airport. Recent developments include a change in registrar and share transfer agent from Link Intime India Private Limited to MUFG Intime India Private Limited, appointment of Tejas Shah as additional independent director in August 2024 replacing retiring director Manish Nanda, reconstitution of audit, nomination and remuneration, and stakeholder relationship committees, and a planned board meeting in July 2024 to consider fundraising that was subsequently cancelled.