Sonal Adhesives share price, P/E, ROE & financials

As of 6 Nov 2026, Sonal Adhesives trades at 18.9× trailing earnings, below the industry P/E of 22.1×, and the shares are 24% below their 52-week high. It earns ROCE of 19% and ROE of 14%, and sales grew 15% a year over 3 years while net profit fell 15%. Debt is 2.10× equity. It is a small-cap company with a market cap of ₹25 Cr, ranked 185th of 204 Specialty Chemicals companies by market cap; the shares fell 14% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹41.00
Day high: ₹41.45
Day low: ₹41.00
Prev. close: ₹42.06
Volume: 551

Health check

3 fair · 3 to check

ReturnsBehind
−13.8% over a year, better than 0 of 7 peers.
Price tagIn line
P/E 18.9 vs industry 22.1.
GrowthSteady
Sales +14.9%, profit −15.4% a year over 3 years.
ProfitabilityAverage
ROCE 18.9% vs peer median 24.4%.
Balance sheetStretched
Debt 2.10× equity, interest covered 2.0×, Piotroski 4 of 9.
Red flags4 to check
Debt is 2.10× equity.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Chemicals

203 listed peers. Screen the industry

Small cap

₹25 Cr, #185 of 204 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹126 Cr · profit ₹1 Cr

Market cap: ₹25 Cr; Small cap
P/E: 18.9; Industry 22.1
Price to book: 2.44; Peers 13.33
Dividend yield: 0.00%
ROE: 14.2%; Peers 23.0%
ROCE: 18.9%; Peers 24.4%
Debt to equity: 2.10; Debt ₹22 Cr
EPS (TTM): ₹2.19
OPM (TTM): 2.3%; Net margin 0.9%
Sales growth: −2.7%; Latest quarter vs a year ago
Profit growth: −48.8%; Latest quarter vs a year ago
Price to sales: 0.20; EV/EBITDA 15.3

Risks to check

Debt is 2.10× equity.
Quarterly profit down 48.8% on a year ago.
Quarterly sales down 2.7% on a year ago.
Interest coverage of only 1.9×.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Sonal Adhesives

Sonal Adhesives Limited manufactures adhesive tapes, specialty adhesives, and emulsions in India. The company offers biaxially oriented polypropylene (BOPP) carton sealing tape with water-based acrylic adhesives, such as plain, printed, and colored tapes, as well as rolls. It also provides specialty adhesives and emulsions, including paint emulsions, textile binders for printing and flocking applications, adhesives for BOPP tapes, stickers and lamination,…

Headquarters: Khopoli
Employees: 26
Sector: Basic Materials
ISIN: INE344I01017
Website: sonal.co.in

Price range

52 weeks

₹30.40₹54.90

Today

₹41.00₹41.45

Avg volume (3M): 1.4K
1-year return: minus 13.8%
From 52-week high: minus 24.5%

Peers · Specialty Chemicals

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
ASIANPAINTAsian Paints	2,546.00	plus 0.88%	2,44,025	50.5	35.0	24.4%	18.9%	0.21	1.1%	plus 1.5%
SOLARINDSSolar Industries India	18,608.00	plus 0.48%	1,68,384	74.4	64.1	29.5%	27.8%	0.22	12.4%	plus 35.9%
PIDILITINDPidilite Industries	1,579.00	plus 1.63%	1,60,827	60.0	44.4	28.5%	23.5%	0.03	7.4%	plus 6.8%
LINDEINDIALinde India	6,859.00	plus 8.73%	58,496	118.4	64.2	16.3%	31.5%	0.23	–	plus 5.4%
BERGEPAINTBerger Paints India	478.35	minus 5.28%	55,776	45.4	29.4	20.6%	15.3%	0.15	4.2%	minus 6.0%
FLUOROCHEMGujarat Fluorochemicals	4,665.50	minus 0.94%	51,251	75.9	44.0	9.6%	24.1%	0.26	−4.5%	plus 28.0%
ACUTAASAcutaas Chemicals	3,786.60	plus 0.42%	31,001	70.9	64.1	27.7%	39.4%	0.01	29.4%	plus 105.6%
SONALADSonal Adhesives	41.45	minus 1.45%	25	18.9	15.2	18.9%	2.3%	2.10	14.9%	minus 13.8%
Median of 7 peers	–	0.48%	58,496	70.9	44.4	24.4%	24.1%	0.21	5.8%	6.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
28.3	34.9	29	34.2	27.5
27.4	34.3	28.4	33.5	26.7
0.9	0.6	0.7	0.8	0.9
3.2%	1.7%	2.3%	2.2%	3.1%
0.2	0.7	0.3	0.6	0.1
0.2	0.5	0.4	0.5	0.4
0.3	0.3	0.3	0.3	0.3
–	–	–	−0.2	–
0.6	0.4	0.3	0.4	0.3
20.2%	33.5%	42.2%	−16.1%	11.3%
0.4	0.3	0.2	0.5	0.2
0.74	0.44	0.25	1.12	0.38

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +14.9%
Profit CAGR 3Y: −15.4%
EPS CAGR 3Y: −15.5%
ROE: 14.2%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
83.3	101	110	126
–	+20.8%	+9.6%	+14.6%
80.2	96.9	107	123
3.2	3.8	3.4	3
3.8%	3.7%	3.1%	2.4%
0.7	0.3	1	1.6
0.2	0.7	1.3	1.6
0.6	0.7	0.7	1.3
–	−0.2	0.1	−0.1
3	2.5	2.4	1.7
25.1%	25.6%	27.2%	17.4%
2.3	1.9	1.8	1.4
–	minus 18.2%	minus 4.8%	minus 22.3%
3.74	3.06	2.91	2.26

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
6.1	6.1	6.1	6.1
−0.7	1.1	2.9	4.3
5.2	7.3	11.1	21.8
18.9	18.6	21.3	16.9
29.4	33.1	41.4	49
3.9	4.6	12.7	13.2
0.1	0.1	0.4	0.4
1	0.4	1	1.3
24.5	27.9	27.2	34.1
29.4	33.1	41.4	49

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−1.3	−0.5	6.9	−7
−1.7	−1.2	−9.1	−2
2.9	1.4	2.2	9
−0	−0.3	0	0
−0.7	−1.5	−8.9	−1.8
−1.9	−2	−2	−8.8

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you