SPEB Adhesives
- Market cap
- ₹ 171 Cr.
- P/E
- 25.5x
- P/B
- 3.07x
- 52-week range
- 46.55 – 98.25
- ROE
- 17%
- ROCE
- 23%
- Debt / equity
- 0
- Sector
- Chemicals & Petrochemicals
- Industry
- Specialty Chemicals
- Listed on
- NSE SME
About
SPEB Adhesives Limited is an India-based company. The Company is engaged in the business of manufacturing solvent-based synthetic rubber adhesives. It offers both solvent-based and water-based adhesives. It is primarily focused on in-house manufacturing of solvent-based adhesives, with water-based adhesives being produced on a contractual manufacturing basis. Its products include Upholstery Adhesives, Flooring, Carpet and Wallpaper Adhesives, HVAC (Heating, Ventilation, and Air Conditioning) Adhesives, Woodworking Adhesives, Genset Adhesives, Export Range, and Automotive Range. Its Woodworking Adhesives serve various applications, including Veneer and Particle Board Applications, Block/Hard Board Assembly, Waterproof Furniture, Exhibition Booth Construction, among others. Its Automotive Range serves various applications, including Interior Trim Assembly, Seating Systems, Roof Lining and Floor Carpeting, Vinyl to Plywood Applications, and Acoustic Damping.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Specialty Chemicals: 130 companies →SPEB Adhesives against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)25.5 against a typical 26.3: cheaper than most peers (1st = cheapest).62nd of 129
- Share price, 3 months−6% against a typical −5.8%.61st of 118
- Size₹ 171.2 Cr. market value against a typical ₹ 359.6 Cr. (1st = largest).85th of 126
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 18 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 23 | 25 | 26 |
| Expenses | 19 | 20 | 22 |
| Operating Profit | 4 | 5 | 4 |
| OPM % | 18.2% | 19.8% | 16% |
| Other Income | 1 | 0 | 1 |
| Interest | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | 5 | 5 | 4 |
| Tax % | 30.6% | 25.5% | 26.7% |
| Net Profit | 3 | 4 | 3 |
| EPS in Rs | 1.85 | 2.07 | 1.43 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 10%
- TTM
- 13%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 57%
- TTM
- 11%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 19%
- 3 Years
- 22%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| SPEB Adhesives | ₹ 78.15 | ₹ 171 Cr. | 25.5x | 3.1x | 17% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 50.7x | 10.5x | — | 13% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 103.6x | 29.1x | — | 18.1% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 62x | 14.1x | — | 17.4% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 38.8x | 5.3x | — | 12.7% |
| Berger Paints India | ₹ 465.60 | ₹ 54,289 Cr. | 47.9x | 8x | — | 9.9% |
Management
- Kirtikumar Kanayalal Vithlani
- Chairman and Whole Time Director
- Anilkumar Pandya
- Chief Financial Officer
- Monika Dhawan
- Company Secretary, Compliance Officer
- Gaurav Kirti Vithlani
- Managing Director, Executive Director
- Bhaumik H. Vithlani
- Executive Director
- Harish Kanayalal Vithlani
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.