HP Adhesives reported a standalone net profit of ₹14.46 lakh for the quarter ended June 30, 2026 (Q1FY26), reversing a net loss of ₹15.30 lakh recorded in the previous quarter. The company’s total income from operations was ₹0.00 lakh, indicating no operational revenue generation during the period.

The Board of Directors approved the unaudited financial results on August 13, 2026. The results were published in Active Times and Prathakal on August 15, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Financial Performance

The company’s total income for the quarter was driven exclusively by other income, which stood at ₹28.18 lakh. This contrasts with the quarter ended March 31, 2026, where other income was ₹38.27 lakh against zero operational revenue.

Basic earnings per share (EPS) for the quarter were ₹0.26, compared to a diluted EPS of (₹0.37) in the preceding quarter. For the same period last year (Q1FY25), the company reported a net profit after tax of ₹17.25 lakh.

What the Numbers Show

The financial data reveals a complete reliance on non-operational income for profitability in Q1FY26. With revenue from operations at zero, the entire pre-tax profit of ₹19.33 lakh was generated from other income and cost efficiencies, rather than core business activities. This mirrors the pattern seen in Q1FY25, where operational revenue was also nil, though other income was slightly higher at ₹30.58 lakh.

HP Adhesives Limited has secured a Working Capital Term Loan of Rs 21.6 million from ICICI Bank Limited to bolster its financial resources. The credit facility, approved by the board on July 13, 2026, carries an interest rate of 9% per annum and a total tenure of 5 years. This financing includes a 1-year moratorium on principal payments, providing immediate liquidity relief to the company.

The board meeting, convened under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, commenced at 04:00 p.m. and concluded at 04:30 p.m. The approval of the loan facility was a key agenda item during the session.

Loan Details

The specifics of the approved Working Capital Term Loan are outlined below:

The company stated that this information has been uploaded to its official website under the Investor relations section. Swati Talgaonkar, Company Secretary, signed the regulatory filing submitted to the National Stock Exchange of India Ltd and BSE Limited.