HPAL2023-07-012023-09-30 HPAL2023-07-012023-09-30 HPAL2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member HPAL2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member HPAL2023-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543433 HPAL NA HP Adhesives Limited Equity 2023-04-01 2024-03-31 2023-11-09 2023-11-03 INR Lakhs Half yearly 16:30:00 17:30:00 2023-11-09 2023-11-09 true Cash Flow Indirect Not applicable Single segment Adhesives & Sealants Products 2023-07-01 2023-09-30 Unaudited Standalone 625995000.00 8119000.00 634114000.00 322626000.00 83716000.00 -954000.00 71427000.00 2114000.00 10758000.00 75753000.00 565440000.00 68674000.00 2240000.00 70914000.00 18082000.00 404000.00 18486000.00 0.00 52427000.00 0.00 0.00 0.00 0.00 52427000.00 454000.00 52881000.00 454000.00 0.00 183749000.00 2 0.57 0.57 0.00 0.00 0.57 0.57 0.00 0.00 0.00 Notes to the statement of Unaudited standalone financial results for the quarter and half year ended September 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 November 09, 2023. The financial results and other financial information for quarter and half year ended September 30, 2023 have not been audited or reviewed 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 applied since Quarter June 30, 2023 results related to Expected Credit Loss provided prospectively having impact on last quarter & current quarter period profits and is expected to have an effect in future periods also 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 September 30, 2023 Balance as of September 30, 2023 (*) Funding working capital requirements of the Company 5,400.00 4,761.77 638.23 Funding Capital expenditure(CAPEX) 2,550.86 1,232.28 1,318.58 General corporate Purposes (As revised upon finalisation of IPO Expenses) 1,718.26 1,718.26 - Total 9,669.12 7,712.31 1,956.81 (*) Unutilized Balance of IPO proceeds as at September 30, 2023 are kept in fixed deposits and bank balances. Single segment 2023-04-01 2023-09-30 Unaudited Standalone 1219225000.00 17955000.00 1237180000.00 633264000.00 164589000.00 12739000.00 137118000.00 4408000.00 21087000.00 136718000.00 1109924000.00 127256000.00 2240000.00 129496000.00 31587000.00 349000.00 31936000.00 0.00 97560000.00 0.00 0.00 0.00 0.00 97560000.00 679000.00 98239000.00 679000.00 0.00 183749000.00 2 1.06 1.06 0.00 0.00 1.06 1.06 0.00 0.00 0.00 Other Expenses 75753000.00 Other Expenses 136718000.00 379667000.00 200124000.00 0.00 0.00 1544000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4801000.00 49363000.00 635498000.00 417677000.00 77908000.00 393525000.00 11705000.00 223628000.00 10802000.00 0.00 717569000.00 0.00 149809000.00 1285055000.00 0.00 0.00 1920553000.00 183750000.00 1397371000.00 1581121000.00 1581121000.00 21155000.00 0.00 20660000.00 41815000.00 10318000.00 0.00 0.00 0.00 52133000.00 14340000.00 193705000.00 41875000.00 249920000.00 9084000.00 19624000.00 8672000.00 0.00 287300000.00 0.00 0.00 339433000.00 1920553000.00 5 Exceptional Item consists of Rs. 22.40 lakhs as Income on reversal of loss of goods claimed earlier as expenses consequent upon final settlement of claim by insurance company during the quarter ended Sept 30, 2023. (Claimed lodged, expensed out earlier was Rs. 63.79 Lakhs and settled by insurance company at Rs. 22.40 Lakhs) 6 At the Annual General Meeting (AGM) of the members of the Company held on September 29, 2023, the shareholders of the Company approved sub-division of one (1) equity share having face value of Rs. 10/- (Rupees Ten only) fully into five (5) equity shares having face value of Rs. 2/- (Rupees Two only) each. Subsequent to quarter ended Sept 30, 2023, this sub-division has come into effect from November 09, 2023 (record date). However, the basic & diluted Earnings Per Share (EPS) of the current quarter and all comparative periods presented have been re-calculated based on number of outstanding shares in respective periods, as increased by sub-divison of shares. 7 Previous periods/quarter figures have been regrouped/reclassified wherever necessary. 8 The results for the quarter ended September 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). 4408000.00 30928000.00 -18020000.00 0.00 0.00 0.00 -222000.00 -28950000.00 0.00 -7192000.00 0.00 -6186000.00 0.00 21087000.00 0.00 12429000.00 1146000.00 -5703000.00 0.00 -3062000.00 0.00 10951000.00 0.00 0.00 0.00 0.00 -2240000.00 -1430000.00 0.00 -13957000.00 115538000.00 0.00 0.00 0.00 30908000.00 2240000.00 86870000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 71059000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10951000.00 0.00 2705000.00 0.00 -57403000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10760000.00 0.00 6416000.00 0.00 4408000.00 0.00 0.00 -21584000.00 7883000.00 0.00 7883000.00 3823000.00 11706000.00 607000.00 907000.00 153000.00 228000.00