5434332026-04-012026-06-305434332026-04-012026-06-30in-capmkt:OtherExpenses1Member5434332026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares543433HPALNOTLISTEDINE0GSL01024HP ADHESIVES LIMITEDMain BoardEquity2026-04-012027-03-312026-08-132026-08-10INRLakhsQuarterlyFirst quarterSingle segmentManufacturing of Adhesives and Sealants2026-08-1315:30:002026-08-1319:00:00Not applicable2026-04-012026-06-30UnauditedConsolidated63416500010642000644807000362316000153957000-9505100097696000805200012738000118639000658347000-135400000-135400000-4485000-44850000-90550000000-9055000409000-8646000-9055000040900001837490002-0.1-0.100-0.1-0.1Notes to the consolidated financial results for the quarter ended June 30, 2026 <br /> <br /> 1 The above consolidated financial results of the Group have been reviewed by the Audit Committee and then approved by the Board of Directors at their respective meetings held on August 13, 2026. Management has exercised necessary due diligence to ensure that the financial results for these periods provide a true and fair view of the Group'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 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 /> 4 The Company had raised net IPO proceeds of Rs. 9,669.12 Lakhs during the year ended March 31, 2022, which stood fully utilised as on March 31, 2026. There is no unspent IPO proceeds. Amount lying in the Monitoring Agency Account as on June 30, 2026 and bank FD through the same represents surplus funds. <br /> <br /> 5 Exception Items includes : <br /> <br /> (a) The exceptional items for the previous year ending March, 2026 includes Rs. 32.34 lakhs paid towards the accepted portion of the GST demand (Rs. 311.01 lakhs) raised pursuant to the GST Audit for FY 2019-20 to 2023-24, and Rs. 6.58 lakhs paid pursuant to the Final Order of Hon'ble CESTAT, Mumbai. No further amount has been reported under Exceptional Items in respect of these matters during the quarter ended June 30, 2026. <br /> <br /> (b) On 21 November, 2025, the Government of India notified the four 'Labour Codes- the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020- consolidating 29 existing labour laws. The Group has assessed gratuity liability and has disclosed the incremental impact of these changes of Rs. 42.06 Lakh on the basis of best information available, consistent with the guidance provided by the ICAI. Considering the materiality and regulatory-driven, non-recurring nature of this impact, the Group has already presented such incremental impact under "Exceptional items" in the statement of profit and loss for the year ended 31 March, 2026 <br /> <br /> (c) On January 17, 2026, a fire incident occurred at Unit I of the Group located at Survey No. 7, Hissa 14, Village Narangi, Taluka Khalapur, District Raigad, damaging certain property, plant and equipment, and inventory, and disrupting operations. The Group holds insurance coverage for reinstatement value of damaged assets and business interruption losses. <br /> The Group had earlier recognised an estimated loss of INR 2,498.50 lakhs under Exceptional Items for the quarter ended March 31, 2026, with a corresponding insurance claim receivable under Other Current Financial Assets, pending final assessment and settlement of the insurance claim. During the quarter ended June 30, 2026, the Group has further recognised an additional loss of INR 89.84 lakhs under Exceptional Items, comprising write-off of PPE of INR 63.45 lakhs and debris removal and related expenses of INR 26.38 lakhs, with a corresponding increase in the insurance claim receivable. The final impact, if any, will depend on completion of the claim assessment and settlement. <br /> <br /> 6 Previous periods/quarter figures have been regrouped/reclassified wherever necessary. The impact of such reclassification/ regrouping is not material to the financial statements. <br /> <br /> 7 Figures for the quarter ended 31 March, 2026 as reported in these financial results are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the end of the third quarter of the relevant financial year. <br /> <br /> 8 The results for the quarter ended June 30, 2026 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 Expenses118639000Re-measurement gains / (losses) on defined benefit plans547000547000138000409000