HPAL2024-10-012024-12-31 HPAL2024-10-012024-12-31 HPAL2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member HPAL2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member HPAL2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543433 HPAL NOTLISTED HP Adhesives Limited Equity 2024-04-01 2025-03-31 2025-02-12 2025-02-06 INR Lakhs Third quarter 16:20:00 16:55:00 2025-02-12 2025-02-12 Not applicable Single segment Manufacturing of Adhesives and Sealants 2024-10-01 2024-12-31 Unaudited Consolidated 666763000.00 12912000.00 679675000.00 361883000.00 99644000.00 -36558000.00 89615000.00 5786000.00 11769000.00 89447000.00 621586000.00 58090000.00 0.00 58090000.00 11553000.00 4465000.00 16018000.00 0.00 42072000.00 0.00 0.00 0.00 0.00 42072000.00 75000.00 42147000.00 42072000.00 0.00 75000.00 0.00 183749000.00 2 0.46 0.46 0.00 0.00 0.46 0.46 Notes to the Unaudited Consolidated financial results for the quarter and nine months ended December 31, 2024 1) The above unaudited consolidated financial results of the Company for the quarter and nine months ended December 31, 2024 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on February 12, 2025. Management has exercised necessary due diligence to ensure that the financial results for these periods provide a true and fair view of the Company's affairs. 2) The statutory auditors have carried out a “Limited Review” of the above financial results for the quarter and nine months ended December 31, 2024 and have issued an unmodified opinion. 3) This statement has been prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules thereafter and other recognised accounting practices and policies to the extent applicable. 4) The Company vide Board Meeting dt. 7th February, 2024 has incorporated wholly owned subsidiary with effect from April 11, 2024 through Investment in 100% shares (along with nominee holder) in M/s Unitybond Solutions Private Limited on May 4, 2024. Pursuant to the same, Company has prepared its consolidated financial results for the quarter and nine months ended Dec 31, 2024. The Comparative figures presented in this consolidated financial results for the nine months ended Dec, 2023, year ended March, 2024 and quarter ended Dec, 2023 represents standalone figures of the Holding Company. 5) The Group operates primarily in adhesives & sealants segment, hence there is only one reportable business segment viz. “Adhesives & Sealants Products”. Accordingly no separate disclosures have been made for segment reporting under Ind AS 108. 6) During the year ended March 31, 2022, the holding company has completed the Initial Public Offering (IPO) and details of utilization of IPO Proceeds of Rs. 9669.12 Lakhs (adjusted with final share of holding company's share issue expenses) till the end of relevant quarter are as follows: Objects of the Issue (INR Lakhs) IPO Proceeds (Net of IPO Expenses) Utilisation upto Dec 31st, 2024 Unutilised as on Dec 31st, 2024 (*) Funding working capital requirements of the Company 5,400.00 5,400.00 - Funding Capital expenditure (CAPEX) 2,550.86 2,162.78 388.08 General corporate Purposes (As revised upon finalisation of IPO Expenses) 1,718.26 1,718.26 - Total 9,669.12 9,281.04 388.08 (*) Balance of IPO proceeds as at Dec 31, 2024 are kept in fixed deposits with scheduled commerical banks. 7) Previous periods/quarter figures have been regrouped/reclassified wherever necessary. The impact of such reclassification/ regrouping is not material to the group's financial statements. 8) The results for the quarter and nine months ended December 31, 2024 are available on the Bombay Stock Exchange of India Limited website (URL: https://www.bseindia.com/corporates) and the National Stock Exchange of India Limited website (URL: https://www.nseindia.com/corporates). Single segment 2024-04-01 2024-12-31 Unaudited Consolidated 1861284000.00 29616000.00 1890900000.00 966896000.00 243418000.00 -39039000.00 248135000.00 15594000.00 34670000.00 238483000.00 1708157000.00 182743000.00 0.00 182743000.00 37539000.00 5315000.00 42854000.00 0.00 139889000.00 0.00 0.00 0.00 0.00 139889000.00 202000.00 140091000.00 139889000.00 0.00 202000.00 0.00 183749000.00 2 1.52 1.52 0.00 0.00 1.52 1.52 Other Expenses 89447000.00 Other Expenses 238483000.00 100000.00 270000.00 25000.00 68000.00 0.00 0.00