HP Adhesives (NSE:HPAL) Tax Rate %: 33.12% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HPAL HP Adhesives Ltd NSE:HPAL
80 GF Score
Price ₹35.58
GF Value ₹58.04
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is HP Adhesives Tax Rate %?

HP Adhesives NSE:HPAL +0.51% 80 Tax Rate % is 33.12% as of Jun. 2026. GuruFocus rates NSE:HPAL with a GF Score™ of 80/100 and a GF Value™ of ₹58.04 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. HP Adhesives's Tax Expense for the three months ended in Jun. 2026 was ₹-4 Mil. HP Adhesives's Pre-Tax Income for the three months ended in Jun. 2026 was ₹-14 Mil. Therefore, HP Adhesives's Tax Rate % for the quarter that ended in Jun. 2026 was 33.12%.


HP Adhesives Tax Rate % Related Terms


HP Adhesives Tax Rate % Historical Data

* Premium members only.

The historical data trend for HP Adhesives's Tax Rate % 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.

HP Adhesives Tax Rate % Chart

HP Adhesives Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial 26.32 27.77 26.85 23.11 5.42

HP Adhesives Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.73 26.39 27.59 54.68 33.12
NSE:HPAL
80GF Score
HP Adhesives Ltd NSE:HPAL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HP Adhesives Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

HP Adhesives's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=4/73.77
=5.42 %

HP Adhesives's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=-4.485/-13.54
=33.12 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 33.12% mean?
HP Adhesives (NSE:HPAL) has a Tax Rate % of 33.12% as of Jun. 2026.
Is HP Adhesives' Tax Rate % too high?
HP Adhesives' current Tax Rate % is 33.12%. Overall, HP Adhesives has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HP Adhesives' Tax Rate % compare to LIN and SHW?
HP Adhesives' Tax Rate % of 33.12% 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 Tax Rate % for a Chemicals company?
A good Tax Rate % depends on the Chemicals industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. HP Adhesives's current Tax Rate % is 33.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HP Adhesives stock overvalued right now?
Based on GuruFocus' analysis, HP Adhesives (NSE:HPAL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹58.04, compared to a current price of ₹35.58 — trading 38.7% below its estimated fair value. The current Tax Rate % is 33.12%. HP Adhesives' overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For HP Adhesives (NSE:HPAL), the current Tax Rate % is 33.12% as of Jun. 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 HP Adhesives (NSE:HPAL) Overvalued in 2026?

Based on GuruFocus' analysis, HP Adhesives stock appears to be undervalued. The current stock price of ₹35.58 is trading 38.7% below its estimated GF Value™ of ₹58.04. GuruFocus considers HP Adhesives to be Significantly Undervalued.

Key valuation signals for NSE:HPAL:

  • Tax Rate %: 33.12%
  • GF Value™: ₹58.04 vs. price of ₹35.58 (38.7% below fair value)
  • GF Score™: 80/100 with 5 warning signs

No single metric tells the full story. See the NSE:HPAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HP Adhesives Business Description

Other Exchanges 543433:India
Address Sir Mathuradas Vasanji Road, Business Square, C-501, Andheri East, Mumbai, MH, IND, 400053
HP Adhesives Ltd is an adhesives and sealants company. The company's products include solvent cement, silicone sealants, contact adhesives, white glue/PVA, epoxy putty, epoxy adhesives, spray paint, drainage solutions, and plumbing accessories. The company operates in only one reportable business segment which is the business of Adhesives & Solvent products.
80GF Score

Get the complete analysis for NSE:HPAL

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

₹35.58
Price
₹58.04
GF Value