NSE ScannerComparison · NSE · data 2026-11-01
Hindustan Adhesives Limited vs Mahalaxmi Rubtech Ltd
In plain words
Size: Mahalaxmi Rubtech Ltd is about 1.1 times the market value of Hindustan Adhesives Limited.
Return on equity: Mahalaxmi Rubtech Ltd 27.3% vs Hindustan Adhesives Limited 14.9%.
Profit growth over 3 years: Hindustan Adhesives Limited 45.2% a year vs Mahalaxmi Rubtech Ltd 26% a year.
Debt to equity: Hindustan Adhesives Limited 1.13 vs Mahalaxmi Rubtech Ltd 0.13.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HINDADH | MHLXMIRU | |
|---|---|---|
| Price | ₹377.3 | ₹182.82 |
| Market cap | ₹187 cr | ₹198 cr |
| P/E | 8.9 | 8.4 |
| P/B | — | — |
| ROE | 14.9% | 27.3% |
| ROCE | 17.5% | 30.7% |
| Debt / equity | 1.13 | 0.13 |
| Operating margin | 13.1% | 22.3% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | -7.4% | 17.0% |
| Profit growth, 3 years (yearly) | 45.2% | 26.0% |
| 1-year return | 12.4% | -14.9% |
| Revenue, last 12 months | ₹269 cr | ₹118 cr |
| Net profit, last 12 months | ₹22 cr | ₹23 cr |
| Latest quarter | — | Sept 2026 |
| Quarter net profit | — | ₹6 cr |
| Quarter profit vs a year earlier | — | -5.6% |
| Promoter holding | — | 64.80% |
| Health check | Strong (7.5/10) | Strong (8.1/10) |
Common questions
Which has a higher P/E, Hindustan Adhesives Limited or Mahalaxmi Rubtech Ltd?
Hindustan Adhesives Limited trades at the higher P/E (8.9 against 8.4). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Mahalaxmi Rubtech Ltd (27.3% against 14.9%).
Which carries more debt?
Hindustan Adhesives Limited has the higher debt-to-equity ratio (1.13 against 0.13).