Duyuru • Jun 26
Sonal Adhesives Limited to Report Q1, 2027 Results on Aug 12, 2026 Sonal Adhesives Limited announced that they will report Q1, 2027 results on Aug 12, 2026 Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹48.10, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 21x in the Chemicals industry in India. Total loss to shareholders of 27% over the past three years. New Risk • Jun 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (41% accrual ratio). Market cap is less than US$10m (₹287.7m market cap, or US$3.01m). Minor Risk Profit margins are more than 30% lower than last year (1.1% net profit margin). Reported Earnings • May 30
Full year 2026 earnings released: EPS: ₹2.55 (vs ₹2.91 in FY 2025) Full year 2026 results: EPS: ₹2.55 (down from ₹2.91 in FY 2025). Revenue: ₹1.28b (up 16% from FY 2025). Net income: ₹13.7m (down 22% from FY 2025). Profit margin: 1.1% (down from 1.6% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹42.65, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 22x in the Chemicals industry in India. Total loss to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹36.90, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 20x in the Chemicals industry in India. Total loss to shareholders of 57% over the past three years. New Risk • Mar 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Market cap is less than US$10m (₹190.5m market cap, or US$2.01m). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Duyuru • Mar 26
Sonal Adhesives Limited to Report Q4, 2026 Results on May 28, 2026 Sonal Adhesives Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 28, 2026 Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹35.02, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 23x in the Chemicals industry in India. Total loss to shareholders of 49% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.25 (vs ₹0.49 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.25 (down from ₹0.49 in 3Q 2025). Revenue: ₹293.3m (up 11% from 3Q 2025). Net income: ₹1.54m (down 48% from 3Q 2025). Profit margin: 0.5% (down from 1.1% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Duyuru • Dec 24
Sonal Adhesives Limited to Report Q3, 2026 Results on Feb 12, 2026 Sonal Adhesives Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: ₹0.44 (vs ₹0.72 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.44 (down from ₹0.72 in 2Q 2025). Revenue: ₹355.6m (up 31% from 2Q 2025). Net income: ₹2.65m (down 39% from 2Q 2025). Profit margin: 0.7% (down from 1.6% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Duyuru • Sep 26
Sonal Adhesives Limited to Report Q2, 2026 Results on Nov 12, 2025 Sonal Adhesives Limited announced that they will report Q2, 2026 results on Nov 12, 2025 Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹0.74 (vs ₹1.06 in 1Q 2025) First quarter 2026 results: EPS: ₹0.74 (down from ₹1.06 in 1Q 2025). Revenue: ₹285.0m (up 14% from 1Q 2025). Net income: ₹4.48m (down 30% from 1Q 2025). Profit margin: 1.6% (down from 2.6% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Duyuru • Aug 13
Sonal Adhesives Limited, Annual General Meeting, Sep 25, 2025 Sonal Adhesives Limited, Annual General Meeting, Sep 25, 2025, at 16:00 Indian Standard Time. Duyuru • Aug 12
Sonal Adhesives Limited Announces Board and Committee Changes Sonal Adhesives Limited announced the appointment of Mr. Vipul Desai as the Additional Director (Non-Executive Independent Director) w.e.f. 12th August, 2025 on recommendation of Nomination & Remuneration Committee. Qualifications - B.Com (Hons), LLB, FCS, ACMA, Hon. ACIA (Florida, USA) Experience -- More than 45 years Expertise areas - Strategist, Economist, Fiscal and Governance Professional. Mr. Nitin Rane, Independent Director of the Company will cease to be Independent Director of the Company w.e.f. 25th September, 2025 due to retirement i.c. completion of tenure. Re-constituted composition of the Audit Committee, Nomination and Remuneration Committee & Stakeholders Relationship Committee w.e.f. 12" August, 2025. The compositions of reconstituted committees are as under: The Audit Committee comprises Mr. Vipul Desai, Independent Director, as Chairman, along with Mr. Tejas Shah, Independent Director, and Mr. Sandeep Arora, Non-Independent Director, as Members. The Nomination and Remuneration Committee is chaired by Mr. Tejas Shah, Independent Director, with Mr. Vipul Desai, Independent Director, and Mrs. Mridu Arora, Non-Independent Director, serving as Members. The Stakeholder Relationship Committee is chaired by Mr. Tejas Shah, Independent Director, and includes Mrs. Mridu Arora and Mr. Sandeep Arora, both Non-Independent Directors, as Members. Duyuru • Jun 26
Sonal Adhesives Limited to Report Q1, 2026 Results on Aug 12, 2025 Sonal Adhesives Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹60.40, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 29x in the Chemicals industry in India. Total returns to shareholders of 296% over the past three years. Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹2.91 (vs ₹3.06 in FY 2024) Full year 2025 results: EPS: ₹2.91 (down from ₹3.06 in FY 2024). Revenue: ₹1.12b (up 10% from FY 2024). Net income: ₹17.6m (down 4.8% from FY 2024). Profit margin: 1.6% (down from 1.8% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings. New Risk • May 30
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (23% accrual ratio). Market cap is less than US$10m (₹319.7m market cap, or US$3.75m). Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹55.14, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 25x in the Chemicals industry in India. Total returns to shareholders of 298% over the past three years. Duyuru • Mar 25
Sonal Adhesives Limited to Report Q4, 2025 Results on May 29, 2025 Sonal Adhesives Limited announced that they will report Q4, 2025 results on May 29, 2025 New Risk • Mar 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹304.0m market cap, or US$3.52m). Minor Risks High level of debt (121% net debt to equity). Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin). Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹60.18, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 25x in the Chemicals industry in India. Total returns to shareholders of 357% over the past three years. Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹0.49 (vs ₹0.30 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.49 (up from ₹0.30 in 3Q 2024). Revenue: ₹267.2m (up 5.1% from 3Q 2024). Net income: ₹2.95m (up 62% from 3Q 2024). Profit margin: 1.1% (up from 0.7% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings. Duyuru • Dec 24
Sonal Adhesives Limited to Report Q3, 2025 Results on Feb 11, 2025 Sonal Adhesives Limited announced that they will report Q3, 2025 results on Feb 11, 2025 Duyuru • Sep 26
Sonal Adhesives Limited to Report Q2, 2025 Results on Nov 14, 2024 Sonal Adhesives Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹1.06 (vs ₹1.15 in 1Q 2024) First quarter 2025 results: EPS: ₹1.06 (down from ₹1.15 in 1Q 2024). Revenue: ₹251.2m (up 18% from 1Q 2024). Net income: ₹6.42m (down 8.0% from 1Q 2024). Profit margin: 2.6% (down from 3.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 133% per year, which means it is well ahead of earnings. Duyuru • Aug 13
Sonal Adhesives Limited, Annual General Meeting, Sep 26, 2024 Sonal Adhesives Limited, Annual General Meeting, Sep 26, 2024, at 16:00 Indian Standard Time. New Risk • Aug 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.6% average weekly change). High level of non-cash earnings (33% accrual ratio). Market cap is less than US$10m (₹467.1m market cap, or US$5.56m). Minor Risk Profit margins are more than 30% lower than last year (1.8% net profit margin). Duyuru • Jun 28
Sonal Adhesives Limited to Report Q1, 2025 Results on Aug 12, 2024 Sonal Adhesives Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹85.72, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 34x in the Chemicals industry in India. Total returns to shareholders of 1,142% over the past three years. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹72.31, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 31x in the Chemicals industry in India. Total returns to shareholders of 953% over the past three years. Reported Earnings • May 30
Full year 2024 earnings released: EPS: ₹3.06 (vs ₹3.74 in FY 2023) Full year 2024 results: EPS: ₹3.06 (down from ₹3.74 in FY 2023). Revenue: ₹1.02b (up 22% from FY 2023). Net income: ₹18.5m (down 18% from FY 2023). Profit margin: 1.8% (down from 2.7% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 111% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Mar 27
Sonal Adhesives Limited to Report Q4, 2024 Results on May 28, 2024 Sonal Adhesives Limited announced that they will report Q4, 2024 results at 3:30 PM, Indian Standard Time on May 28, 2024 Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹0.30 (vs ₹1.49 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.30 (down from ₹1.49 in 3Q 2023). Revenue: ₹257.2m (up 24% from 3Q 2023). Net income: ₹1.82m (down 80% from 3Q 2023). Profit margin: 0.7% (down from 4.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 113% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Dec 31
Sonal Adhesives Limited to Report Q3, 2024 Results on Feb 12, 2024 Sonal Adhesives Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹94.85, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 1,022% over the past three years. New Risk • Nov 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (46% accrual ratio). Market cap is less than US$10m (₹511.6m market cap, or US$6.14m). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin). Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹1.16 (vs ₹0.46 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.16 (up from ₹0.46 in 2Q 2023). Revenue: ₹276.2m (up 31% from 2Q 2023). Net income: ₹7.04m (up 152% from 2Q 2023). Profit margin: 2.5% (up from 1.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹76.11, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 27x in the Chemicals industry in India. Total returns to shareholders of 771% over the past three years. Duyuru • Oct 01
Sonal Adhesives Limited to Report Q2, 2024 Results on Nov 09, 2023 Sonal Adhesives Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹76.18, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 28x in the Chemicals industry in India. Total returns to shareholders of 42% over the past year. Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: ₹1.15 (vs ₹0.73 in 1Q 2023) First quarter 2024 results: EPS: ₹1.15 (up from ₹0.73 in 1Q 2023). Revenue: ₹214.0m (up 9.8% from 1Q 2023). Net income: ₹6.98m (up 58% from 1Q 2023). Profit margin: 3.3% (up from 2.3% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year whereas the company’s share price has increased by 88% per year. Duyuru • Aug 11
Sonal Adhesives Limited, Annual General Meeting, Sep 27, 2023 Sonal Adhesives Limited, Annual General Meeting, Sep 27, 2023, at 16:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹68.64, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 22x in the Chemicals industry in India. Total returns to shareholders of 684% over the past three years. Duyuru • Jul 01
Sonal Adhesives Limited to Report Q1, 2024 Results on Aug 10, 2023 Sonal Adhesives Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 31
Full year 2023 earnings released: EPS: ₹3.74 (vs ₹9.25 in FY 2022) Full year 2023 results: EPS: ₹3.74 (down from ₹9.25 in FY 2022). Revenue: ₹841.3m (up 43% from FY 2022). Net income: ₹22.7m (down 60% from FY 2022). Profit margin: 2.7% (down from 9.6% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has increased by 115% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹89.61, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 1,394% over the past three years. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹67.44, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 437% over the past year. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹75.25, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 448% over the past year. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹1.49 (vs ₹1.42 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.49 (up from ₹1.42 in 3Q 2022). Revenue: ₹207.7m (up 9.2% from 3Q 2022). Net income: ₹9.02m (up 4.6% from 3Q 2022). Profit margin: 4.3% (down from 4.5% in 3Q 2022). Duyuru • Dec 31
Sonal Adhesives Limited to Report Q3, 2023 Results on Feb 10, 2023 Sonal Adhesives Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 27% share price gain to ₹136, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 2,062% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorated over the past week After last week's 23% share price decline to ₹132, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 1,996% over the past three years. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹0.46 (vs ₹1.88 loss in 2Q 2022) Second quarter 2023 results: EPS: ₹0.46 (up from ₹1.88 loss in 2Q 2022). Revenue: ₹216.6m (up 66% from 2Q 2022). Net income: ₹2.79m (up ₹14.2m from 2Q 2022). Profit margin: 1.3% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has increased by 190% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Non-Executive Independent Chairman Nitin Rane was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improved over the past week After last week's 17% share price gain to ₹140, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 2,129% over the past three years. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improved over the past week After last week's 21% share price gain to ₹105, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 1,567% over the past three years. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment improved over the past week After last week's 25% share price gain to ₹83.20, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 1,287% over the past three years. Duyuru • Sep 29
Sonal Adhesives Limited to Report Q2, 2023 Results on Nov 14, 2022 Sonal Adhesives Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment improved over the past week After last week's 27% share price gain to ₹65.80, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 998% over the past three years. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 21% share price gain to ₹52.50, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 653% over the past three years. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹48.00, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 435% over the past three years. Reported Earnings • Aug 14
First quarter 2023 earnings released First quarter 2023 results: EPS: ₹0.73. Revenue: ₹195.3m (up 203% from 1Q 2022). Net income: ₹4.40m (up ₹6.41m from 1Q 2022). Profit margin: 2.3% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 77% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 12
Sonal Adhesives Limited, Annual General Meeting, Sep 28, 2022 Sonal Adhesives Limited, Annual General Meeting, Sep 28, 2022, at 16:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 22% share price gain to ₹18.53, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 17x in the Chemicals industry in India. Total returns to shareholders of 195% over the past year. Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹9.25 (vs ₹1.36 loss in FY 2021) Full year 2022 results: EPS: ₹9.25 (up from ₹1.36 loss in FY 2021). Revenue: ₹666.3m (up 293% from FY 2021). Net income: ₹56.1m (up ₹64.3m from FY 2021). Profit margin: 8.4% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Board Change • May 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Non-Executive Independent Director Nitin Rane was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Duyuru • Apr 02
Sonal Adhesives Limited to Report Q4, 2022 Results on May 27, 2022 Sonal Adhesives Limited announced that they will report Q4, 2022 results on May 27, 2022 Board Change • Feb 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Non-Executive Independent Director Nitin Rane was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 18
First quarter 2022 earnings released: ₹0.03 loss per share (vs ₹0.01 profit in 1Q 2021) The company reported a decent first quarter result with improved revenues, although earnings and control over costs were weaker. First quarter 2022 results: Revenue: ₹64.7m (up 166% from 1Q 2021). Net loss: ₹2.00m (down ₹2.08m from profit in 1Q 2021). Reported Earnings • Jun 30
Full year 2021 earnings released: ₹1.36 loss per share (vs ₹3.10 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: ₹175.6m (down 45% from FY 2020). Net loss: ₹8.24m (loss narrowed 56% from FY 2020). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 10
New 90-day low: ₹7.77 The company is down 9.0% from its price of ₹8.50 on 10 December 2020. The Indian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period. Reported Earnings • Feb 13
Third quarter 2021 earnings released: ₹0.87 loss per share (vs ₹0.63 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ₹41.3m (down 50% from 3Q 2020). Net loss: ₹5.27m (loss widened 37% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Duyuru • Dec 30
Sonal Adhesives Limited to Report Q3, 2021 Results on Feb 12, 2021 Sonal Adhesives Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Dec 24
New 90-day low: ₹8.13 The company is down 12% from its price of ₹9.19 on 25 September 2020. The Indian market is up 24% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 22% over the same period. Duyuru • Nov 25
Sonal Adhesives Limited, Annual General Meeting, Dec 26, 2020 Sonal Adhesives Limited, Annual General Meeting, Dec 26, 2020, at 15:00 Indian Standard Time. Duyuru • Sep 02
Sonal Adhesives Limited to Report Q1, 2021 Results on Sep 10, 2020 Sonal Adhesives Limited announced that they will report Q1, 2021 results on Sep 10, 2020