Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
NIKHILAD.BOthis companyNikhil Adhesives Limited	₹69.74	16.49×	1.97×	0.52×	9.36×	11.0%	19.0%	5.1%	3.1%	11.9%	9.3%	-3.5%	0.46×	1.72×	4.41×	1.42×	0.4%	3	—	2	C
HINDADH.BOHindustan Adhesives Limited	₹390.00	8.41×	1.15×	0.49×	6.23×	204.9%	32.1%	9.4%	5.8%	13.7%	7.7%	1.0%	1.12×	3.05×	3.22×	0.87×	0.0%	2	—	3	B+
HPAL.NSHP Adhesives Limited	₹32.12	69.05×	2.57×	1.93×	30.1×	-74.0%	19.9%	2.9%	2.8%	3.7%	3.6%	-1.0%	0.02×	-0.25×	2.72×	3.58×	0.8%	4	—	2	C+
JYOTIRES.BOJyoti Resins and Adhesives Limited	₹862.45	12.13×	2.94×	2.7×	7.56×	133.7%	58.8%	26.4%	22.2%	24.2%	20.7%	2.6%	0×	-1.23×	830.4×	2.85×	1.3%	3	—	3	B-
SONALAD.BOSonal Adhesives Limited	₹40.70	13.99×	1.85×	0.15×	8.93×	-72.7%	13.4%	1.3%	1.1%	13.3%	4.1%	-45.9%	2.1×	4.74×	1×	1.09×	0.0%	3	—	2	C
SRIVASAVI.NSSrivasavi Adhesive Tapes Ltd.	₹91.50	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Peer median	—	13.06×	2.21×	1.21×	8.24×	30.5%	26.0%	6.2%	4.3%	13.5%	5.9%	0.0%	0.57×	1.4×	2.97×	1.97×	0.4%	3	—	3	—