Company Overview

Srivasavi Adhesive Tapes Limited is an India-based company that provides pressure-sensitive specialty adhesive tapes and die-cuts for various industrial applications. Originally incorporated as "Srivasavi Adhesive Tapes Private Limited" on March 19, 2010, the company converted to a Public Limited entity and changed its name to "Srivasavi Adhesive Tapes Limited" on September 14, 2022. The company is headquartered in Bangalore, Karnataka, and is an ISO 9001:2015 certified manufacturer.

Business Operations and Products

The company specialises in the manufacturing, coating, converting, and die-cutting of industrial specialty self-adhesive tapes. Its product range utilizes various carrier materials including film, foil, foam, fabric, and paper. Srivasavi Adhesive Tapes serves diverse industrial segments such as railway and metro, solar, windmill, space and aviation, electrical and electronics, defense, automotive, print and paper, specialty packaging, white goods, heat tracing, and optical lenses.

Key product categories include:

- Adhesive tapes and specialty tapes

- Double-sided foam tapes

- Adhesive tape die-cuts and specialty foam tapes

- Polyurethane foam, crepe paper masking tapes, and foam die-cuts

- Automotive foam tape, masking tape, BOPP tapes, and rubber adhesive BOPP

- Filament tapes, fiberglass fabric tapes, polyester tapes, and cotton fabric tapes

- Scrim tapes, reinforced foil tape, and reinforced paper tape

- High-temperature resistant polyester tapes and aluminum foil tapes

- ECO-friendly paper tapes and BOPP Packaging tapes

- Protection tapes and masking tapes

Market Presence and Expansion

Srivasavi Adhesive Tapes caters to a wide array of industries, including:

- Automotive & Locomotives

- Aerospace & Defence

- Electrical & Electronics

- Renewable Energy

- Print & Paper, Food & Pharma, FMCG

- White & Brown Goods, Furniture, Retail

- Construction & Infrastructure

- Sports & Fitness Equipment, Textiles & Leather Industries

Domestically, the company has a presence across 21 states in India. Internationally, it exports to 11 countries. The company is focused on expansion, having started Unit 4 expansion in Gujarat in 2024 to increase manufacturing capacity and market reach.

Financial Performance and Key Metrics

Based on the latest available data:

- Recent Financial Period Revenue: ₹90.2 Cr

- Recent Financial Period Profit: ₹6.80 Cr

- Market Capitalization: ₹102.05 Cr (as of 18th June 2025)

- Profit Growth: Delivered a profit growth of 41.2% CAGR over the last 5 years.

- Year Ended 31/03/2023:

- Total Operating Revenue: ₹59.18 Cr

- Equity Capital: ₹14.17 Cr

- P/E Ratio: 15.01

- P/B Ratio: 3.01

- Debt Status: Company has reduced debt and is almost debt-free.

Stock Market Performance

Srivasavi Adhesive Tapes Ltd. was listed on NSE SME on March 9, 2023, following its IPO.

- IPO Price: ₹41 per share

- IPO Type: Fixed price issue, fresh issue of 37,80,000 Equity Shares aggregating ₹15.4 Crore.

- Bidding Period: February 23, 2023, to February 28, 2023.

The stock exhibits volatility typical of SME stocks:

- 52-Week High: ₹138

- 52-Week Low: ₹55.20

Management and Governance

- Promoters: ANIL KUMARA DASA NAGARAJU and ASHWINI D A

- Promoter Holding: 73.5% (indicating strong confidence)

- Promoter Pledging: None, which is a positive indicator.

Industry Classification and Recent Updates

- Sector: Materials

- Sub-sector: Specialty Chemicals

- Main Industry: Packaging

- Recent Update (19 May 2025): Audited FY25 results approved; internal and secretarial auditors appointed; audit report unmodified. This demonstrates the company's commitment to transparency and regulatory compliance.

Srivasavi Adhesive Tapes Ltd. represents an interesting investment opportunity in the specialty adhesive tapes segment, serving critical industrial applications across multiple sectors. The company maintains a debt-free balance sheet and a consistent profit growth trajectory.