Hindustan Adhesives Limited

Specialty adhesive coating company that produces and sells a variety of self-adhesive tapes and films.

1988 | New Delhi, Delhi (India) | Active
Last Updated: July 17, 2024

Hindustan Adhesives Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 0.51 K
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 170.34 Cr
  • Satisfied Charges ₹ 261.48 Cr
  • Revenue Growth -28.31%
  • Profit Growth -61.17%
  • Ebitda -39.19%
  • Net Worth 8.90%
  • Total Assets -16.53%

About Hindustan Adhesives

Hindustan Adhesives Limited (HAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 April 1988 and has a history of 36 years and ten months. Its registered office is in New Delhi, Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514428.

The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 0.51 K .

The company currently has active open charges totaling ₹170.34 Cr. The company has closed loans amounting to ₹261.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hindustan Adhesives Limited India are Nakul Bagla as CFO and Amit Jha as Company Secretary. Ravi Aggarwal, Urmila Goenka, Madhusudan Bagla, and Five other members serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bagla-group.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74899DL1988PLC031191

  • Company No.

    031191

  • Stock Symbol

    BSE : 514428

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 1988

  • Date of AGM

    23 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Packaging

What products or services does Hindustan Adhesives Limited offer?

Hindustan Adhesives Limited offers a wide range of products and services, including Adhesive & Pressure Sensitive Tapes, Stationery Tape, Decorative Tape, Colour Tapes, Door Lock, Heavy Duty Lock, Sealing Tape, Self Adhesive Tapes, Packaging Films & Foils, Shrink Wrap.

Who are the key members and board of directors at Hindustan Adhesives?

Executive Team (3)

NameDesignationAppointment DateStatus
Madhusudan Bagla Country flag representing In Managing Director05-Apr-1988Current
Nakul Bagla Country flag representing In CFO12-Jul-2014Current
Amit Jha Company Secretary14-Nov-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Ashok Pathak Country flag representing In Director 26-Aug-2021Current
Ravi Aggarwal Country flag representing In Director 26-Aug-2021Current
Urmila Goenka Country flag representing In Whole-Time Director 30-Apr-2010Current
Suresh Ajila Country flag representing In Whole-Time Director 30-Apr-2010Current
Amit Kumar Country flag representing In Director 12-Jul-2014Current
Sudeep Pande Country flag representing In Director 01-Sep-2018Current

Financial Performance of Hindustan Adhesives.

Hindustan Adhesives Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.31% decrease. The company also saw a substantial fall in profitability, with a 61.17% decrease in profit. The company's net worth moved up by a moderate rise of 8.9%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-28.31%
Revenue from Operations
-28.40%
Total Assets
-16.53%
Profit or Loss
-61.17%
Net Worth
8.90%
EBITDA
-39.19%

What is the Ownership and Shareholding Structure of Hindustan Adhesives?

In 2023, Hindustan Adhesives had a promoter holding of 68.48% and a public holding of 31.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹170.34 Cr

Satisfied Charges

₹261.48 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 107.46 Cr
  • Hdfc Bank Limited : 40.70 Cr
  • Others : 22.00 Cr
  • Indian Bank : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jan 2024Hdfc Bank Limited₹14.70 CrOpen
05 Jan 2024Hdfc Bank Limited₹8.50 CrOpen
05 Jan 2024Hdfc Bank Limited₹17.50 CrOpen
05 Dec 2022Indian Bank₹1.80 MOpen
24 Jan 2022State Bank Of India₹5.00 CrOpen

How Many Employees Work at Hindustan Adhesives?

Hindustan Adhesives has a workforce of 293 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hindustan Adhesives, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hindustan Adhesives's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hindustan Adhesives

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 14.70 Cr with Charge ID 100853646 was registered on 05 Jan 2024.

    05 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 8.50 Cr with Charge ID 100853657 was registered on 05 Jan 2024.

    05 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 17.50 Cr with Charge ID 100853659 was registered on 05 Jan 2024.

    05 Jan 2024

  • Annual General Meeting

    Hindustan Adhesives Limited last Annual general meeting of members was held on 23 Sep 2023 as per latest MCA records.

    23 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 15.90 Cr registered on 28 Sep 2018 with Charge ID 100223827 was modified on 06 Sep 2023.

    06 Sep 2023

  • Charges

    A charge registered on 15 Mar 2022 via Charge ID 100569816 with Idbi Bank Limited was fully satisfied on 19 Aug 2023.

    19 Aug 2023

Frequently asked questions

  • Hindustan Adhesives Limited was incorporated on 05 Apr 1988.

  • The authorized share capital of Hindustan Adhesives Limited is ₹ 7.00 Cr and paid-up capital is ₹ 0.51 K .

  • Currently 10 directors are associated with Hindustan Adhesives Limited.

    • Ravi Kumar Aggarwal
    • Urmila Goenka
    • Madhusudan Bagla
    • Suresh Shridhar Ajila
    • Amit Kumar
    • Sudeep Pande
    • Pawan Kumar Gupta
    • Ashok Kumar Pathak
    • Nakul Bagla
    • Amit Kumar Jha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hindustan Adhesives Limited is B-2/8 Safdarjung Enclave, New Delhi, India, 110029.

  • The corporate identification number (CIN) of Hindustan Adhesives Limited is L74899DL1988PLC031191 and the company number is 031191 as per Ministry of Corporate Affairs (MCA).

  • Yes, Hindustan Adhesives Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Hindustan Adhesives Limited is https://www.bagla-group.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hindustan Adhesives Limited has fallen by -28.31%.

  • As Per 2023 financial reports, 293 employees are currently employed by Hindustan Adhesives Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hindustan Adhesives Limited has experienced an upsurge of 8.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hindustan Adhesives Limited amount to ₹ 170.34 Cr.

  • The most recent Balance Sheet for Hindustan Adhesives Limited was filed with the ROC on 31 Mar 2023.

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