| 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
- ₹91.00
- Market cap
- ₹204.4 Cr
- Revenue (annual)
- ₹50.57 Cr
- Net profit (annual)
- ₹6.87 Cr
- P/E (TTM)
- 29.8×Sector 37.5×
- 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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- Value
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- From
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- Execution
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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 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 H2 FY26 Results: Net Profit ₹3.2 Cr, Up 0.0% YoY
Speb Adhesives Ltd reported revenue from operations of ₹25.8 Cr (+11.7% YoY) and net profit of ₹3.2 Cr (+0.0% YoY) for H2 FY26.
- Key figure
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