Haryana Leather Chemicals Ltd vs Speb Adhesives Ltd Stock Comparison

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Last Updated on: Mar 22, 2026

Key Highlights

The Latest Trading Price of Haryana Leather Chemicals Ltd is ₹ 54.77 as of 20 Mar 15:30 . The P/E Ratio of Haryana Leather Chemicals Ltd changed from 8.9 on March 2021 to 14 on March 2025 . This represents a CAGR of 9.48% over 5 yearsThe P/E Ratio of SPEB Adhesives Ltd changed from 0 on March 2021 to 0 on March 2025 . This represents a CAGR of 0.0% over 5 years The Market Cap of Haryana Leather Chemicals Ltd changed from ₹ 14.24 crore on March 2021 to ₹ 32.15 crore on March 2025 . This represents a CAGR of 17.69% over 5 yearsThe Market Cap of SPEB Adhesives Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 5 years The revenue of Haryana Leather Chemicals Ltd for the Dec '25 is ₹ 12.22 crore as compare to the Sep '25 revenue of ₹ 13.55 crore. This represent the decline of -9.82% The revenue of SPEB Adhesives Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Haryana Leather Chemicals Ltd for the Dec '25 is ₹ 1.05 crore as compare to the Sep '25 ebitda of ₹ 0.84 crore. This represent the growth of 25% The ebitda of SPEB Adhesives Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Haryana Leather Chemicals Ltd changed from ₹ 0.65 crore to ₹ 0.57 crore over 7 quarters. This represents a CAGR of -7.23% The net profit of SPEB Adhesives Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0% The Dividend Payout of Haryana Leather Chemicals Ltd changed from 10.63 % on March 2024 to 21.35 % on March 2025 . This represents a CAGR of 41.72% over 2 yearsThe Dividend Payout of SPEB Adhesives Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About Haryana Leather Chemicals Ltd

Incorporated on 22 Jan.'85 as an Indo-Italian Joint Venture with ICAP-SIRA, Italy focusing on bringing leading product technology from technical alliances in Italy and Spain, resulting in an extensive range of chemicals, coatings and dispersions; Haryana Leather Chemicals Ltd. (HLCL) commenced its business on 22 Apr.'85.
The Company has been promoted by N K Jain and the Haryana State Industrial Development Corporation (HSIDC).
It is the first Indian company to undertake a government sponsored research project in Polyurethane Dispersion & Polymeric Fat Liquors. It offers more than 250 products with an annual capacity of 6,000 MT of performance chemicals in diverse fields of leather processing, footwear finishing, textile printing, PSA (Pressure Sensitive Adhesives) and PVC additives.
Leather chemicals are used for leather finishing.

About SPEB Adhesives Ltd

SPEB Adhesives Limited was initially formed as a partnership Firm in the name of 'M/s.
Speb Rubber Industries', which subsequently was converted into Private Limited Company and incorporated as 'SPEB Adhesives Private Limited' vide Certificate dated November 07, 1990 issued by the Registrar of Companies, Maharashtra.
The status was then converted into a public Company, and the name of Company was changed to SPEB Adhesives Limited', via fresh certificate Incorporated on January 24, 2025, issued by the ROC. The Company is a manufacturer of synthetic rubber adhesives and provides a wide range of adhesive solutions for industries such as construction, woodworking, upholstery, footwear, and HVAC. It operates a manufacturing facility with a daily production capacity of 12,000 litres per day in Taloja , Raigad district of Maharashtra.

FAQs for the comparison of Haryana Leather Chemicals Ltd and SPEB Adhesives Ltd

Which company has a larger market capitalization, Haryana Leather Chemicals Ltd or SPEB Adhesives Ltd?

Market cap of Haryana Leather Chemicals Ltd is 26 Cr while Market cap of SPEB Adhesives Ltd is 116 Cr

What are the key factors driving the stock performance of Haryana Leather Chemicals Ltd and SPEB Adhesives Ltd?

The stock performance of Haryana Leather Chemicals Ltd and SPEB Adhesives Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Haryana Leather Chemicals Ltd and SPEB Adhesives Ltd?

As of March 22, 2026, the Haryana Leather Chemicals Ltd stock price is INR ₹54.77. On the other hand, SPEB Adhesives Ltd stock price is INR ₹52.05.

How do dividend payouts of Haryana Leather Chemicals Ltd and SPEB Adhesives Ltd compare?

To compare the dividend payouts of Haryana Leather Chemicals Ltd and SPEB Adhesives Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.