Results - Announcements
HP Adhesives Ltd share price slipped 4.86% to Rs 31.88 after the company's net profit plunged by 130.77% to Rs 0.28 crore, while revenue from operations edged up 19.73% to Rs 75.93 crore in Q2FY27 over Q2FY26.
The market capitalization of Specialty Chemicals industry group stocks on BSE stood at Rs 5.72 lakh crore, rising 8.81%. It has marginally improved by 4.30% over last one week and dipped slightly by 4.87% in last one month while the market capitalization of HP Adhesives Ltd has improved by 5.32% and 6.07% in the same period respectively.
Profit before tax (PBT) of HP Adhesives Ltd stood at Rs 0.74 crore in Q2 FY27, tumbling by 84.58% year-on-year, and plunging by 154.81% quarter-on-quarter. EBITDA came in at Rs 3 crore, tanking 53.44% YoY and crashing by 283.57% sequentially.
Total expenses went up by 14.25% to Rs 74.3 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 54.95 crore, soaring by 51.67% YoY, while employee benefits expense was at Rs 9.83 crore, inching up 0.61% YoY.
For FY26, revenue from operations eased 0.20% to Rs 249.28 crore, while net profit witnessed a sharp fall of 61.73% to Rs 6.98 crore, compared to previous FY. EBITDA surged by 2155% to Rs 9.49 crore, and PBT tumbled by 68.90% to Rs 7.38 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 7.08 crore in FY26, as against Rs 9.94 crore in FY25.
HP Adhesives Ltd crashed 34.93% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.74% during the same period.