Speb Adhesives Approves Financial Results and Appoints New Auditors
Speb Adhesives Limited, a manufacturer specializing in Synthetic Rubber Adhesive, announced the approval of its financial results for the half-year and financial year ended March 31, 2026, following a meeting of its Board of Directors held on May 18, 2026. The Board also approved the appointment of several key professional advisors for the upcoming fiscal years.The company provided detailed standalone financial statements, which included the audited assets and liabilities statement and comprehensive income and cash flow statements, comparing the period ended March 31, 2026, with the previous year.
Standalone Financial Results Snapshot
The standalone financial results showed significant growth in turnover and profitability during the period.The following table summarizes the Income Statement figures for the half-year and year ended March 31, 2026, compared to the previous year:
| Particulars | Half Year Ended 31 March, 2026 (Audited) | Half Year Ended 30 September, 2025 (Audited) | Half Year Ended 31 March, 2025 (Audited) | Year Ended 31 March, 2026 (Audited) | Year Ended 31 March, 2025 (Audited) |
|---|---|---|---|---|---|
| Total Income | 260,63 | 250,362 | 23,75.22 | 514,825 | 4593.8 |
| Revenue from Operations | 257,997 | 247,686 | 230,698 | 505,683 | 448,652 |
| Total Expenses | 220,218 | 20129 | 1907.11 | 321,510 | 3,747.95 |
| Profit/(Loss) for the period | 32,139 | 365.19 | 3475 | 68,658 | 05.47 |
| Earning per equity share (Basic) | 168 | 207 | 184 | 359 | 344 |
The company's total equity and liabilities stood at 5,797.11 at March 31, 2026, compared to 2,727.39 at March 31, 2025.
The comprehensive Cash Flow Statement provided a net cash flow from operating activities of 278.48 for the year ended March 31, 2026, up from 656.32 in the previous year.
Governance and Professional Appointments
During the Board meeting, the Board of Directors approved significant appointments to ensure corporate governance:1. Internal Auditor: M/s Joshi Gadgil &Co (Firm Registration No. 138022W) was appointed as the Internal Auditor for the Financial Year 2026-27.
2. Secretarial Auditor: M/s. D Maurya and Associates, Practicing Company Secretary (ACS: A22005), was approved as the Secretarial Auditor for FY 2025-26 and 2026-27.
Capital Structure and IPO Utilization
Speb Adhesives Limited reported having completed an Initial Public Offering (IPO) in December 2025, raising Rs. 33,734,440.The utilization of these funds was certified by M/s. CVK & Associates, Chartered Accountants. The total issue proceeds utilized by the company as of March 31, 2026, amounted to Rs. 629.07 Lakhs, against an original total allocation of Rs. 2,718.24 Lakhs.
The utilized funds were allocated across three main purposes:
- Investment in Human Resources and Products development: Rs. 629.07 Lakhs
- General Corporate Purpose: Rs. 359.96 Lakhs
- Offer Related Expenses: Rs. 269.11 Lakhs
The company also noted that it recently committed an amount of Rs. 865.81 Lacs towards the purchase of Office Premises in Vashi.
Company Overview
Speb Adhesives Limited, formerly Speb Adhesives Pvt.Ltd., is a key manufacturer of Synthetic Rubber Adhesive. The company is located at Plot No. J-33, M.1.D.C., Taloja, Raigad, Maharashtra. The company’s CIN is U99993MH1990PLC058873.SPEB Stock Price Movement
Speb Adhesives Limited shares today slipped by 4.49% to settle at ₹70.2. The stock finished the session with a total volume of 22,000 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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