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Hindustan AdhesivesNSE:HINDADH -5.12%54 Days Payable is 121.07 as of Mar. 2026, which is 126% above its 10-year median of 53.67. GuruFocus rates NSE:HINDADH with a GF Score™ of 54/100 and a GF Value™ of ₹331.56 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,560 Chemicals companies, Hindustan Adhesives ranks better than 78.59% on this metric.
The historical rank and industry rank for Hindustan Adhesives's Days Payable or its related term are showing as below:
NSE:HINDADH'
s Days Payable Range Over the Past 10 Years
Min: 35.47 Med: 53.67 Max: 106.94
Current: 106.94
During the past 13 years, Hindustan Adhesives's highest Days Payable was 106.94. The lowest was 35.47. And the median was 53.67.
NSE:HINDADH's Days Payable is ranked better than 78.59% of 1560
companies
in the Chemicals industry
Industry Median: 59.51
vs NSE:HINDADH: 106.94
Hindustan Adhesives's Days Payable
increased
from Mar. 2025 (105.02) to Mar. 2026 (121.07).
It may suggest that Hindustan Adhesivesdelayed paying its suppliers.
The historical data trend for Hindustan Adhesives's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Chemicals subindustry, Hindustan Adhesives's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hindustan Adhesives Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Hindustan Adhesives's Days Payable distribution charts can be found below:
* The bar in red indicates where Hindustan Adhesives's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Hindustan Adhesives's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hindustan Adhesives (NSE:HINDADH) has a Days Payable of 121.07 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hindustan Adhesives and its competitors. This is 126% above median its historical median of 53.67. Over the past decade, Hindustan Adhesives' Days Payable has ranged from 35.47 to 106.94. According to the industry distribution chart, Hindustan Adhesives ranks #334 out of 1560 companies in the Chemicals industry, placing it in the top 21.4%.
Is Hindustan Adhesives' Days Payable too high?
Hindustan Adhesives' current Days Payable of 121.07 is 126% above median its 10-year median of 53.67. Over the past 10 years, this metric has ranged from a low of 35.47 to a high of 106.94. The Chemicals industry median Days Payable is 59.51. Hindustan Adhesives' value of 121.07 is 103.4% above this industry median. Based on the distribution chart, Hindustan Adhesives ranks #334 out of 1560 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Hindustan Adhesives has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Adhesives' Days Payable compare to ?
According to the Chemicals industry distribution chart, Hindustan Adhesives ranks #334 out of 1560 companies for Days Payable. This places Hindustan Adhesives in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.51. Hindustan Adhesives' value of 121.07 is 103.4% above this benchmark. Historically, Hindustan Adhesives' own Days Payable has ranged from 35.47 to 106.94 over the past decade. While the company's 10-year median is 53.67 vs. the industry median of 59.51, Hindustan Adhesives has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Chemicals company?
The median Days Payable among Chemicals companies is 59.51, based on 1,560 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hindustan Adhesives's current Days Payable of 121.07 is 103.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hindustan Adhesives and its competitors. For the Chemicals industry, the median Days Payable is 59.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Adhesives's current Days Payable is 121.07, which is 126% above median its own 10-year median of 53.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Adhesives stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Adhesives (NSE:HINDADH) is currently considered Fairly Valued. The stock's GF Value™ is ₹331.56, compared to a current price of ₹351.00 — trading 5.9% above its estimated fair value. The current Days Payable is 121.07, which is 126% above median its 10-year median of 53.67 and 103.4% above the Chemicals industry median of 59.51. Hindustan Adhesives' overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Hindustan Adhesives (NSE:HINDADH), the current Days Payable is 121.07 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hindustan Adhesives (NSE:HINDADH) Overvalued in 2026?
Based on GuruFocus' analysis, Hindustan Adhesives stock appears to be overvalued.
The current stock price of ₹351.00 is trading 5.9% above its estimated GF Value™ of ₹331.56.
GuruFocus considers Hindustan Adhesives to be Fairly Valued.
Key valuation signals for NSE:HINDADH:
Days Payable: 121.07 (126% above median its 10-year median of 53.67)
GF Value™: ₹331.56 vs. price of ₹351.00 (5.9% above fair value)
Industry Position: 103.4% above the Chemicals median (#334 of 1560)
No single metric tells the full story. See the NSE:HINDADH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindustan Adhesives Ltd is a producer and marketer of adhesive tapes. The company offers products such as acrylic packaging tapes, hot melt packaging tapes, natural rubber packaging tapes, kraft paper tapes, tamper-evident tapes, tear tapes, polyolefin shrink film, and shrink wrapping machines. Its customers include Unilever, PepsiCo, Coca-Cola, P&G, Reckitt Benckiser, Cadbury, and Nestle, among others.
54GF Score
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