| Revenue growth | 12.7% growth in FY26, entirely driven by volume increases. |
|---|---|
| Margins | EBITDA at 17.87%; recent crude volatility impacting near-term profitability. |
| Demand visibility | Positive demand in furniture, flooring, and mattress sectors pan-India. |
| Management confidence | Balanced; shifting from family-managed to professionalized corporate structure. |
Growth
FY26 revenue grew 12.7% YoY, purely volume-driven (2,866 tons) as price hikes only started in Q1 FY27.
Outlook
Targeting 25-30% growth by doubling capacity to 8,550 tons per year at the new Khalapur plant.
Risks
High geographic concentration in Maharashtra (64%) and extreme sensitivity to crude-oil derivative pricing volatility.
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 36.8×
- 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 Limited reports revenue growth from ₹44.80Cr (FY25) to ₹50.57Cr (FY26) with OPM expanding to 17.87%. Strategy focuses on in-house manufacturing for higher-margin water-based adhesives.
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.