| Revenue growth | FY26 revenue ₹50.57Cr vs ₹44.80Cr in FY25. |
|---|---|
| Margins | Operating margins expanded from 13% in FY22 to 17.9% in FY26. |
| Demand visibility | B2B repeat orders and multi-industry presence provide stability. |
Growth
FY26 revenue hit ₹50.57Cr; PAT margin 13.58%. In-house manufacturing dominates revenue at 97.85%.
Outlook
Capex at Khalapur to expand capacity 137% to 8,550 TPA by CY2026; targeting 20% EBITDA margin by FY29E.
Risks
Expansion into B2C/D2R adds operational complexity; current 79.6% utilization leaves moderate headroom before new plant commissions.
Earnings Call filed with NSE, NSE: SPEB. Summary written with AI assistance from the document.
Speb Adhesives Ltd: key numbers
- Share price
- ₹86.00
- Market cap
- ₹193.2 Cr
- Revenue (annual)
- ₹50.57 Cr
- Net profit (annual)
- ₹6.87 Cr
- P/E (TTM)
- 28.1×Sector 37.2×
- Promoter holding
- 73.18%
- FII holding
- 0.40%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Speb Adhesives Ltd
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Speb Adhesives Limited secured an international purchase order from Abul Hassan Building Materials Trading LLC. The contract is valued at approximately ₹0.89 Crore.
- Value
- ₹0.89 Cr
- From
- Abul Hassan Building Materials Trading LLC
- Execution
- One Month
Speb Adhesives Annual General Meeting
Speb Adhesives Limited has issued a notice for its 36th Annual General Meeting, scheduled to be held on September 28, 2026, via video conferencing.
Speb Adhesives Management Change
Speb Adhesives Limited has appointed Mr. Dileep Pandita as Chief Sales & Strategic Officer, effective August 26, 2026. This strategic appointment strengthens the company's senior management team.
Speb Adhesives Earnings Call: Key Takeaways
Speb Adhesives' first earnings call post-listing highlights a 12.7% revenue growth for FY26, driven by volume-led expansion and healthy EBITDA margins of 17.87%. Strategy focuses on geographical penetration and capacity expansion.
Speb Adhesives Earnings Call: Key Takeaways
Speb Adhesives reported steady revenue growth but faces margin pressure from volatile crude-linked raw material costs. Management is aggressively pivoting from a family-run model to a professionalized, pan-India retail brand.
Speb Adhesives Results Update
Speb Adhesives reported robust FY26 growth, with revenue reaching ₹50.57 Crore. The company is expanding capacity to 8,550 TPA to drive future water-based adhesive sales.