Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹105 Cr.
Stock P/E
17.4
P/B
2.2
Current Price
₹73.8
Book Value
₹ 33
Face Value
10
52W High
₹98
52W Low
₹ 39
Dividend Yield
0%

Srivasavi Adhesive Overview

Business

Srivasavi Adhesive Tapes Ltd. is an Indian manufacturer specializing in various types of adhesive tapes. The company produces a range of tapes including BOPP (Biaxially Oriented Polypropylene) self-adhesive tapes, masking tapes, paper tapes, filament tapes, and other specialty adhesive solutions. Its core business model involves manufacturing these tapes and supplying them to a diverse clientele, primarily catering to industrial, packaging, automotive, electrical, and general-purpose applications. The company generates revenue by selling its manufactured adhesive tapes through its distribution network, often serving other businesses (B2B) for their packaging, assembly, and protection needs.

Revenue Mix

The company's primary and almost exclusive segment is the manufacturing and sale of adhesive tapes. While a detailed financial breakdown by tape type (e.g., BOPP vs. masking tape) is typically not disclosed in public filings for companies of this size and focus, the revenue is derived entirely from its adhesive tape product portfolio. Its product range broadly covers:

Packaging Tapes (e.g., BOPP tapes for carton sealing)

Masking Tapes (for painting and industrial applications)

Specialty Tapes (e.g., filament tapes for heavy-duty bundling)

Other Industrial Tapes

Industry

Srivasavi Adhesive Tapes operates within the Indian plastic products sector, specifically the adhesive tape industry. The Indian adhesive tape market is dynamic and experiencing growth, driven by increasing industrial activity, packaging demand from e-commerce, and infrastructure development. The industry is characterized by a mix of organized and unorganized players, with both large established companies and smaller regional manufacturers. Srivasavi positions itself as a manufacturer of various adhesive tape solutions, likely competing on product quality, customization capabilities, and pricing within specific regional markets or product niches against both domestic and some international players with a presence in India.

MOAT

Srivasavi Adhesive Tapes Ltd. appears to operate in a largely commoditized market. A strong, durable competitive advantage (moat) is not readily apparent from public information. Potential areas of advantage, if present, might include:

Cost Leadership: Efficient manufacturing processes or favorable raw material sourcing leading to competitive pricing.

Product Customization: Ability to offer bespoke tape solutions for specific industrial clients.

Distribution Network: A well-established distribution network, especially in specific regions or for particular industries.

Customer Relationships: Long-standing relationships with key industrial clients could create stickiness, though not a high switching cost in a broad sense.

Brand recognition is likely limited to B2B customers rather than a broad consumer base.

Growth Drivers

Key factors that can drive Srivasavi Adhesive Tapes' growth over the next 3-5 years include:

Growth in Indian Manufacturing & Industrial Output: Increased production across various sectors (automotive, electronics, construction) will directly boost demand for industrial tapes.

E-commerce Expansion & Packaging Demand: The booming e-commerce sector in India necessitates vast quantities of packaging, driving demand for BOPP and other sealing tapes.

Infrastructure Development: Construction and infrastructure projects require various tapes for protection, insulation, and sealing applications.

Urbanization & Changing Consumer Habits: Growing disposable income and organized retail drive demand for packaged goods, benefiting tape manufacturers.

Product Diversification/Innovation: Introduction of new specialty tapes or tapes for emerging applications could open new market opportunities.

Risks

Raw Material Price Volatility: Key raw materials like BOPP film (derived from crude oil), adhesives, and paper are subject to significant price fluctuations, impacting production costs and profit margins.

Intense Competition: The fragmented Indian adhesive tape market means constant price pressure and competition from numerous domestic and international players.

Demand Fluctuations: Economic slowdowns or disruptions in key end-user industries (e.g., automotive, construction) can lead to reduced demand.

Technology & Product Obsolescence: While less common in basic tapes, newer bonding technologies or alternative packaging methods could reduce demand for traditional adhesive tapes over the long term.

Working Capital Management: Efficient management of inventory and receivables is crucial in a manufacturing business with potential payment cycles.

Management & Ownership

Srivasavi Adhesive Tapes Ltd. is promoted by its founding family, a common structure among Indian SMEs. The company's website or filings would typically list the key promoters and directors. Management quality would depend on their experience in the industry, strategic vision, corporate governance practices, and track record. Ownership is concentrated with the promoter group, which typically holds a significant majority stake, aligning their interests with the company's long-term performance, but also potentially leading to governance concerns if not balanced.

Outlook

Srivasavi Adhesive Tapes Ltd. operates in a growing industry segment in India, bolstered by the country's economic expansion, manufacturing growth, and the e-commerce boom. The company's diverse product range caters to multiple end-user industries, offering some resilience against sector-specific slowdowns. However, the business faces inherent challenges from raw material price volatility, intense competition, and the largely commoditized nature of its products, which can put pressure on margins. Its ability to maintain cost efficiency, innovate with specialized products, and strengthen its distribution network will be crucial for sustained profitability and growth.

Srivasavi Adhesive Share Price

Live · NSE · Inception: 2010
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Srivasavi Adhesive Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Srivasavi Adhesive Profit & Loss

#(Fig in Cr.) Mar 2025 Mar 2026 TTM
Net Sales 90 110
Other Income 2 0
Total Income 92 110
Total Expenditure 81 101
Operating Profit 11 10
Interest 0 0
Depreciation 1 1
Exceptional Income / Expenses 0 0
Profit Before Tax 9 8
Provision for Tax 2 2
Profit After Tax 7 6
Adjustments 0 0
Profit After Adjustments 7 6
Adjusted Earnings Per Share 4.8 4.2

Srivasavi Adhesive Balance Sheet

#(Fig in Cr.) Mar 2025 Mar 2026
Shareholder's Funds 41 47
Minority's Interest 0 0
Borrowings 0 7
Other Non-Current Liabilities 1 1
Total Current Liabilities 16 30
Total Liabilities 58 85
Fixed Assets 15 20
Other Non-Current Assets 2 14
Total Current Assets 41 51
Total Assets 58 85

Srivasavi Adhesive Cash Flow

#(Fig in Cr.) Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 0 0
Cash Flow from Operating Activities 2 0
Cash Flow from Investing Activities -1 -17
Cash Flow from Financing Activities -1 17
Net Cash Inflow / Outflow 0 -0
Closing Cash & Cash Equivalent 0 0

Srivasavi Adhesive Ratios

# Mar 2025 Mar 2026
Earnings Per Share (Rs) 4.8 4.24
CEPS(Rs) 5.58 5.25
DPS(Rs) 0 0
Book NAV/Share(Rs) 28.69 32.96
Core EBITDA Margin(%) 10.08 8.44
EBIT Margin(%) 10.55 7.59
Pre Tax Margin(%) 10.25 7.15
PAT Margin (%) 7.54 5.46
Cash Profit Margin (%) 8.77 6.77
ROA(%) 11.74 8.41
ROE(%) 16.72 13.75
ROCE(%) 22.62 15.49
Receivable days 92.34 85.02
Inventory Days 62.4 58.09
Payable days 75.09 67.7
PER(x) 12.98 10.45
Price/Book(x) 2.17 1.34
Dividend Yield(%) 0 0
EV/Net Sales(x) 0.99 0.74
EV/Core EBITDA(x) 8.42 8.34
Net Sales Growth(%) 0 21.99
EBIT Growth(%) 0 -12.33
PAT Growth(%) 0 -11.69
EPS Growth(%) 0 -11.69
Debt/Equity(x) 0.03 0.41
Current Ratio(x) 2.53 1.7
Quick Ratio(x) 1.58 1.05
Interest Cover(x) 34.45 17.63
Total Debt/Mcap(x) 0.02 0.3

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +22% — — —
Operating Profit CAGR -9% — — —
PAT CAGR -14% — — —
Share Price CAGR +25% -16% — —
ROE Average +14% +15% +15% +15%
ROCE Average +15% +19% +19% +19%

Srivasavi Adhesive Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 74.57 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 25.43 %
# Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
Promoter 73.2173.2173.2173.2173.5773.9274.57
FII 0000000
DII 0000000
Public 26.7926.7926.7926.7926.4326.0825.43
Others 0000000
Total 100100100100100100100

Srivasavi Adhesive Peer Comparison

Plastic Products Edit Columns

Srivasavi Adhesive Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Srivasavi Adhesive Pros & Cons

Pros

  • Debtor days have improved from 75.09 to 67.7days.
  • Company is almost debt free.

Cons

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