Speb Adhesives (NSE:SPEB) Gross Profit: ₹176.7 Mil (TTM As of Mar. 2026)

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NSE:SPEB Speb Adhesives Ltd NSE:SPEB
22 GF Score
Price ₹87.65
! 4 Warning Signs
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What is Speb Adhesives Gross Profit?

Speb Adhesives NSE:SPEB 22 Gross Profit is ₹176.7 Mil as of Mar. 2026. GuruFocus rates NSE:SPEB with a GF Score™ of 22/100. The stock has 4 warning signs investors should review.

Speb Adhesives's gross profit for the six months ended in Mar. 2026 was ₹90.2 Mil. Speb Adhesives's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was ₹176.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Speb Adhesives's gross profit for the six months ended in Mar. 2026 was ₹90.2 Mil. Speb Adhesives's Revenue for the six months ended in Mar. 2026 was ₹258.0 Mil. Therefore, Speb Adhesives's Gross Margin % for the quarter that ended in Mar. 2026 was 34.98%.

Speb Adhesives had a gross margin of 34.98% for the quarter that ended in Mar. 2026 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of Speb Adhesives was 35.44%. The lowest was 19.95%. And the median was 25.94%.


Speb Adhesives  (NSE:SPEB) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Speb Adhesives had a gross margin of 34.98% for the quarter that ended in Mar. 2026 => Competition eroding margins


Speb Adhesives Gross Profit Related Terms


Speb Adhesives Gross Profit Historical Data

* Premium members only.

The historical data trend for Speb Adhesives's Gross Profit 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.

Speb Adhesives Gross Profit Chart

Speb Adhesives Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Gross Profit
72.10 76.56 110.55 137.89 179.19

Speb Adhesives Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Sep25 Mar26
Gross Profit Get a 7-Day Free Trial 0.00 0.00 74.56 86.42 90.24

NSE:SPEB vs LIN, SHW, ECL: Gross Profit Comparison

For the Specialty Chemicals subindustry, Speb Adhesives's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Speb Adhesives Gross Profit vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Speb Adhesives's Gross Profit distribution charts can be found below:

* The bar in red indicates where Speb Adhesives's Gross Profit falls into.


NSE:SPEB
22GF Score
Speb Adhesives Ltd NSE:SPEB
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Speb Adhesives Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Speb Adhesives's Gross Profit for the fiscal year that ended in Mar. 2026 is calculated as

Gross Profit (A: Mar. 2026 )=Revenue - Cost of Goods Sold
=505.683 - 326.489
=179.2

Speb Adhesives's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=257.997 - 167.754
=90.2

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹176.7 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Speb Adhesives's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=90.2 / 257.997
=34.98 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of ₹176.7 Mil mean?
Speb Adhesives (NSE:SPEB) has a Gross Profit of ₹176.7 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Speb Adhesives and its competitors.
Is Speb Adhesives' Gross Profit too high?
Speb Adhesives' current Gross Profit is ₹176.7 Mil. Overall, Speb Adhesives has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Speb Adhesives' Gross Profit compare to LIN and SHW?
Speb Adhesives' Gross Profit of ₹176.7 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Chemicals company?
A good Gross Profit depends on the Chemicals industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Speb Adhesives and its competitors. Speb Adhesives's current Gross Profit is ₹176.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speb Adhesives stock overvalued right now?
Speb Adhesives (NSE:SPEB) has a current Gross Profit of ₹176.7 Mil. The current Gross Profit is ₹176.7 Mil. Speb Adhesives' overall GF Score™ is 22/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Speb Adhesives (NSE:SPEB), the current Gross Profit is ₹176.7 Mil 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.

Speb Adhesives Business Description

Address Plot no. J 33, MIDC, Taloja, Raigad, Panvel, MH, IND, 410208
Speb Adhesives Ltd is engaged in the manufacturing of solvent-based synthetic rubber adhesives and offers water-based adhesives. The company focuses on in-house manufacturing of solvent-based adhesives, with water-based adhesives being produced on a contractual manufacturing basis. Its product portfolio includes various products customized for industrial and retail applications, such as multi-purpose adhesives, spray-grade adhesives, premium bonding adhesives, Ducting and Insulation adhesives, woodworking adhesives, footwear-grade adhesives, and adhesives used in Generator Sets. The company operates a B2B model through three business channels: dealer-distribution network, industrial sales, and government supply contracts. It generates the majority of its revenue from overseas markets.
22GF Score

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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹87.65
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