Hp Adhesives Ltd

HP Adhesives Limited informed the National Stock Exchange of India Ltd and BSE Limited that it has dispatched a letter to shareholders whose email addresses are not registered, providing a weblink to access the company’s website, where the Notice, Annual Report, and other relevant documents for fiscal year 2025-26 can be accessed. The company’s 7th Annual General Meeting is scheduled for Tuesday, September 22, 2026, at 3:30 p.m. (IST) through Video Conferencing/Other Audio Visual Means, and the cut-off date for e-voting is September 15, 2026.

HP Adhesives Limited will hold its 7th Annual General Meeting on September 22, 2026, at 3:30 P.M. (IST) via video conferencing or other audio-visual mode, according to a company disclosure to the National Stock Exchange of India Ltd and BSE Limited on August 31, 2026, with September 15, 2026, set as the record date for dividend payment if declared at the meeting for the financial year ended March 31, 2026.

Shareholders of an adhesives and sealants manufacturer will vote at the Annual General Meeting on the re-appointment of Executive Director Nidhi Haresh Motwani for a further three-year term, alongside a proposed 10% increase in her annual remuneration from Rs 44.85 Lakhs to Rs 49.33 Lakhs. The remuneration package, subject to board decisions on incentive and perquisite amounts, is attributed to the skills and performance required for the role and prevailing industry standards. Ms. Motwani, who holds 10.88% of the company’s equity, is the daughter of the Chairperson and sister of the Managing Director, both of whom are promoters. The company’s financial performance and steps taken to address inadequate profits stemming from a recent fire incident at the manufacturing facility will also be reviewed. Shareholder approval for Ms. Motwani’s re-appointment and remuneration will require a Special Resolution.

HP Adhesives Ltd share price dropped 7.58% to Rs 37.33 after the company's net profit tanked by 61.60% to Rs 0.91 crore, while revenue from operations slightly gained 9.69% to Rs 63.42 crore in Q2FY26 over Q1FY26. The market capitalization of Specialty Chemicals industry group stocks on BSE stood at Rs 5.11 lakh crore, expanding by 15.35%. It has marginally improved by 0.38% over last one week and moving up by 13.02% in last one month while the market capitalization of HP Adhesives Ltd has inched up 6.08% and 0.75% in the same period respectively. Profit before tax (PBT) of HP Adhesives Ltd stood at Rs 1.35 crore in Q2 FY26, tumbling by 124.24% year-on-year, and crashing by 74.24% quarter-on-quarter. EBITDA came in at Rs 1 crore, nosediving by 125.78% YoY and plunging by 68.82% sequentially. Total expenses grew marginally by 3.16% to Rs 65.03 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 36.23 crore, witnessing a sharp rise of 33.64% YoY, while employee benefits expense was at Rs 9.77 crore, softening 6.33% YoY. For the TTM ended FY26, revenue from operations tick up 5.88% to Rs 249.79 crore, while net profit declined by 11.33% to Rs 18.24 crore, compared to previous TTM. EBITDA jumped by 2675% to Rs 21.44 crore, and PBT contracted 15.61% to Rs 23.73 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 9.94 crore in FY26, as against Rs 21.64 crore in FY25. HP Adhesives Ltd nosedived by 12.06% in last one year, underperforming the benchmark BSE Sensex which has softened by 2.83% during the same period.

HP Adhesives reported a loss of 79.55 Lakhs for the quarter ended June 30, 2026, resulting in an earnings per share of (0.09), according to its financial results released Friday. Exceptional items totaling 89.84 Lakhs impacted the quarter’s performance, including write-offs of property, plant, and equipment and debris removal expenses related to a November 2025 fire at Unit I. The company previously recognized a 2,498.50 Lakhs loss from the fire, with an insurance claim receivable, and is pursuing insurance coverage. As of March 31, 2026, net IPO proceeds of 9,669.12 Lakhs were fully utilized. Additionally, the company announced the re-appointment of Executive Director Nidhi Motwani, daughter of the Chairperson and sister of the Managing Director, for a three-year term ending February 9, 2030.

HP Adhesives Limited will hold a board meeting on Thursday, August 13, 2026, through audio-visual means to consider and approve the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, along with a limited review report from statutory auditors, the company said in a filing to the National Stock Exchange of India Ltd and BSE Limited. Trading window for designated and connected persons will remain closed until August 15, 2026, following the announcement of the financial results.

HP Adhesives announced that the Board of Directors of the Company at its meeting held on 12 May 2026, inter alia, have recommended the final dividend of Rs 0.4 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

Net loss of HP Adhesives reported to Rs 2.37 crore in the quarter ended March 2026 as against net profit of Rs 3.59 crore during the previous quarter ended March 2025. Sales declined 12.61% to Rs 57.82 crore in the quarter ended March 2026 as against Rs 66.16 crore during the previous quarter ended March 2025. For the full year,net profit declined 61.73% to Rs 6.98 crore in the year ended March 2026 as against Rs 18.24 crore during the previous year ended March 2025. Sales declined 0.20% to Rs 249.28 crore in the year ended March 2026 as against Rs 249.79 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales57.8266.16 -13 249.28249.79 0 OPM %-6.507.71 -5.2510.42 - PBDT-3.786.04 PL 14.0228.45 -51 PBT-5.244.79 PL 8.1923.73 -65 NP-2.373.59 PL 6.9818.24 -62 Powered by Capital Market - Live

HP Adhesives will hold a meeting of the Board of Directors of the Company on 12 May 2026.

Net profit of HP Adhesives declined 61.52% to Rs 1.62 crore in the quarter ended December 2025 as against Rs 4.21 crore during the previous quarter ended December 2024. Sales declined 1.92% to Rs 65.37 crore in the quarter ended December 2025 as against Rs 66.65 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales65.3766.65 -2 OPM %6.049.36 - PBDT4.246.99 -39 PBT2.735.81 -53 NP1.624.21 -62 Powered by Capital Market - Live