What we do Hindustan Adhesives Ltd manufactures specialty adhesive coatings and BOPP packaging tapes, serving the packaging industry across India and international markets. |
Founded in 1,988 |
Market share Recognized leader with innovative adhesive solutions and expanded international presence in BOPP films and tapes. |
Problem solved Provides high-quality adhesive tapes and films essential for durable and efficient packaging solutions. |
Top clients or who we serve Serves major clients like Jindal group, Dabur; B2B focus in packaging and adhesive sectors. |
Key management Madhusudan Bagla (Managing Director), Ashok Kumar Pathak (Whole-time Director) |
Our journey and innovations Started in 1988 with acrylic adhesives; pioneered double bubble BOPP films; expanded manufacturing in multiple Indian locations; introduced greenfield units and global subsidiaries. |
Where we operate India, Indonesia, South America, and global export markets for packaging tapes. |
Top products or what we offer BOPP Adhesive Tapes (Mystic, Stic Me, Boss Tech), POF Shrink Films, specialty adhesive coatings. |
Top brands Mystic (#1 in packaging tapes), Stic Me, Boss Tech — known for quality and international reach. |
Raw materials needed Acrylics, polypropylene polymers, and adhesive chemicals for tape and film manufacturing. |
Raw materials supplier Sourced from domestic and international chemical suppliers aligned to quality standards. |
Recurring vs cyclical contribution Revenue is a mix, with recurring orders in packaging tapes; some seasonality due to industrial demand cycles. |
Our industry position A key player in India’s specialty adhesives and global BOPP tape sectors with growing international footprint. |
Financial highlights FY 2024-25 revenue Rs 289.33 Crores, net profit Rs 15.37 Crores; stable profitability amid slight revenue dip. |
Geographical revenue split Domestic sales 85.02 Crores; Export sales 189.58 Crores for FY 2024-25. |
Order book - |
Whats driving growth Capacity expansions, acquisitions, entry into international markets, and focus on high margin products drive growth. |
Our future plans Set up new manufacturing via subsidiary Bagla Technopack Pvt Ltd for sustainable packaging innovations. |
Our green promise Developing sustainable packaging solutions emphasizing environmental responsibility. |
Our people and values Diverse workforce guided by quality, innovation, and ethical governance. |
Key challenges ahead Trade duty changes affecting exports, capacity utilization, and global competition. |
Interesting facts Awarded ASIASTAR '99 for world-class self-adhesive tear tapes; acquired leading tear tape manufacturer’s assets. |
Risks and strategy Mitigating tariff impacts, expanding global sales network, investing in technology and diversified product portfolio. |
