HPAL2023-04-012023-06-30 HPAL2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member HPAL2023-06-30 HPAL2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543433 HPAL NA HP Adhesives Limited Equity 2023-04-01 2024-03-31 2023-08-10 2023-08-04 INR Lakhs First quarter 12:30:00 14:45:00 2023-08-10 2023-08-10 Not applicable Single segment Adhesives & Sealants Products 2023-04-01 2023-06-30 Unaudited Standalone 593230000.00 9836000.00 603066000.00 310638000.00 80872000.00 13694000.00 65691000.00 2295000.00 10329000.00 60965000.00 544484000.00 58582000.00 0.00 58582000.00 13505000.00 -55000.00 13450000.00 0.00 45132000.00 0.00 0.00 0.00 0.00 45132000.00 224000.00 45356000.00 224000.00 0.00 183749000.00 10 2.46 2.46 0.00 0.00 2.46 2.46 Notes to the Unaudited standalone financial results for quarter ended June 30, 2023 1. The above unaudited financial results of the company have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on August 10, 2023. The financial results and other financial information for quarter ended June 30, 2022 have not been audited by our statutory auditors. However, the 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. 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 subject to change in estimates related to Expected Credit Loss provided prospectively having impact on current period profit after tax to the tune of Rs.10.93 lacs and is also expected to have an effect in future periods for which estimation is impracticable. 3. The Company 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. 4. During the year ended March 31, 2022 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 company's share issue expenses) till the end of relevant quarter are as follows: Utilisation of IPO Proceeds (Net of IPO Expenses ) as per Prospectus are as follows: Planned as per Prospectus Utilisation upto June 30, 2023 Balance as of June 30, 2023 (*) Funding working capital requirements of the Company 5,400.00 4,236.12 1,163.88 Funding Capital expenditure(CAPEX) 2,550.86 1,025.83 1,525.03 General corporate Purposes (As revised upon finalisation of IPO Expenses) 1,718.26 1,718.26 - Total 9,669.12 6,980.21 2,688.91 (*) Unutilized Balance of IPO proceeds as at June 30, 2023 are kept in fixed deposits and bank balances. (INR lakhs) 5. Previous periods/quarter figures have been regrouped/reclassified wherever necessary. 6. The results for the quarter ended June 30, 2023 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). Other Expenses 60965000.00 Re-measurement gains / (losses) on defined benefit plans 300000.00 300000.00 76000.00 0.00