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Hindustan Adhesives Ltd
NSE: BSE: 514428
₹312
(1.02%)
Wed, 10 Jun 2026, 01:38 am
Market Cap (in Cr)159.63
PE Ratio9.24
Dividend0
Company History
1988
- The Company was promoted on 5.4.1988 by Shri L K Bagla and M.S Bagla.
- The company obtained a certificate of commencement of business on 8.6.1988.
1989
- The unit went into commercial production on schedule in October.
1991
- The company enhanced its installed capacity from 10 million sq.mtrs to 19 million sq.mtrs with assistance from PICUP and UPFC.
1992
- The company went for major modernisation-cum-expansion with the installation of an imported Hot Melt Coating machine.
- The company ventured into the export market for the first time and achieved a modest turnover of Rs.13 lakhs.
- The company added 33 million sq.mtrs to its existing capacity.
1993
- The company imported two machines for reduction in wastage under Equipment Finance Scheme of PICUP.
- The company exported goods worth over Rs.20 lakhs during the 9-month period ended December 31.
- The company has MOU for export of Rs.180 lakhs to Gulf countries in the next financial year.
1994
- The company has confirmed export orders to be executed before March 31.
2008
- Hindustan Adhesives Ltd designated an E-mail ID for Investors Complaints.
2024
- The Company commenced commercial production at Howrah, West Bengal.