5434332025-07-012025-09-305434332025-09-305434332025-03-315434332025-04-012025-09-305434332025-07-012025-09-30in-capmkt:OtherExpenses1Member5434332025-04-012025-09-30in-capmkt:OtherExpenses1Member5434332025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15434332025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares543433HPALNOTLISTEDINE0GSL01024HP ADHESIVES LIMITEDMain BoardEquity2025-04-012026-03-312025-11-122025-11-06INRLakhsQuarterlySecond quarterSingle segmentManufacturing of Adhesives & Sealants2025-11-1214:00:002025-11-1216:15:00trueCash Flow IndirectNot applicable2025-07-012025-09-30UnauditedConsolidated650603000840000065900300037017700065365000-45693000989540006296000145480009811500060776200051241000-323400048007000116410001029000126700000353370000000353370001771000371080003533700001771000018374900020.380.38000.380.38Notes to the Consolidated financial results for the quarter and half year ended September 30, 2025 <BR> <BR> 1) The above consolidated 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 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. <BR> <BR> 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. <BR> <BR> 3) 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 ended September 30, 2025, September 30, 2024 and year ended March 31, 2025. <BR> <BR> 4) 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. <BR> <BR> 5) 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: <BR> <BR> Objects of the Issue (INR Lakhs) IPO Proceeds (Net of IPO Expenses) Utilisation upto 30.09.25 Unutilised as on 30.09.25 (*) <BR> Funding working capital requirements of the Company 5,400.00 5,400.00 - <BR> Funding Capital expenditure (CAPEX) 2,550.86 2,472.83 78.03 <BR> General corporate Purposes (As revised upon finalisation of IPO Expenses) 1,718.26 1,718.26 - <BR> Total 9,669.12 9,591.09 78.03 <BR> (*) Balance of IPO proceeds as at September 30, 2025 are kept in fixed deposits with scheduled commercial banks. <BR> <BR> 6) During the period, GST Audit was conducted by GST (Audit-II) Wing-Mumbai for the period FY 2019-20 to 2023-24 and passed the final assessment order rasing demand including reversals of input credits for Rs. 311.01 lakhs dated 11.08.2025 out of which company has sou-moto accepted and deposited demand of Rs. ~15 Lakhs and paid it alongwith Interest and Penalty totalling to Rs. 32.34 Lakhs and protested for the balance demand with applleate authorities. The demand paid of Rs. 32.34 Lakhs has been reported under exceptional item for the period. <BR> <BR> 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. <BR> <BR> 8) The Statement includes the results for the quarter ended Sept 30, 2025 & Sept 30, 2024 which is the balancing figure between the audited figures in respect of the full financial year ended March 31, 2025 and the published unaudited year-to-date figures up to the second quarter of the relevant financial year. <BR> <BR> 9) The results for the quarter and half year ended September 30, 2025 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). <BR> 2025-04-012025-09-30UnauditedConsolidated1311652000193750001331027000657902000156033000-63000019385300012745000286540001755100001224067000106960000-3234000103726000244840001967000264510000772750000000772750001446000787210007727500001446000018374900020.840.84000.840.84Other Expenses98115000Other Expenses17551000070355800053462000001222400000000039253000392530000367900081217600057315300035025000041594000024418000366460001193600008391900001239200083530000150826500000232044100018374900017010180001884767000018847670000000009157000116490000307900023885000844200060879000203323000264202000714510003440950005508700012253000354000041178900000435674000232044100012745000-8204000-7170000000-829900003577300007770000286540003697000-174170003097000-37650000-30600000118120000786000000-38600003186900013559500000025891000010970400000000000025699000000000000000000000102000000-32680000-4817900000000000048436000805900001198500000-68480000-69550000-69550003137300024418000Re-measurement gains / (losses) on defined benefit plans22560002256000Re-measurement gains / (losses) on defined benefit plans1932000193200048500048600017710001446000