HP Adhesives Limited , a leading player in the adhesives and sealants segment, has announced its financial results for the first half of fiscal year 2026. The company demonstrated resilient performance amidst challenging market conditions, reporting growth in revenue while experiencing a decline in profitability.

Financial Highlights

For the half-year ended September 30, 2025, HP Adhesives reported:

Key Performance Insights

Revenue Growth

The company's revenue from operations increased by 9.8% year-over-year, reaching ₹13,116.52 lakh in H1 FY2026. This growth indicates strong demand for HP Adhesives' products.

Profitability

Despite the revenue growth, net profit after tax decreased by 21.0% to ₹772.75 lakh. This decline may be attributed to increased costs and an exceptional item reported during the period.

Operational Efficiency

The company's EBITDA decreased by 5.7% year-over-year, suggesting some pressure on operational efficiency.

Exceptional Item

HP Adhesives reported an exceptional item of ₹32.34 lakh related to a GST audit demand, which impacted the overall profitability for the period.

Balance Sheet Position

As of September 30, 2025, the company reported total assets of ₹23,204.41 lakh and an equity base of ₹18,847.67 lakh.

Segment Performance

HP Adhesives continues to operate primarily in the adhesives and sealants segment. The company's focus on this core business has contributed to its revenue growth.

Future Outlook

While the company faces challenges in maintaining profit margins, the revenue growth suggests continued demand for its products. HP Adhesives' management may need to address cost pressures and operational efficiencies to improve profitability in the coming quarters.

Note: All financial figures are based on consolidated results as reported by the company.

HP Adhesives Limited , a prominent player in the adhesives industry, has announced a significant change in its corporate leadership. The company's Board of Directors has approved the appointment of Ms. Swati Talgaonkar as the new Company Secretary and Compliance Officer, effective September 24, 2025.

Board Approval and Appointment Details

The decision was made during a board meeting held on September 23, 2025, which commenced at 15:40 and concluded at 16:30 IST. The appointment aligns with the company's commitment to maintaining strong corporate governance and regulatory compliance.

Ms. Swati Talgaonkar's Profile

Ms. Talgaonkar brings a wealth of experience and qualifications to her new role:

• Member of the Institute of Company Secretaries of India
• Holds a Bachelor of Law degree
• Possesses over 9 years of experience in key areas:
  • Companies Act matters
  • Listing compliances
  • Allied laws

Her extensive background in these critical areas positions her well to guide HP Adhesives through the complex landscape of corporate compliance and governance.

Regulatory Compliance

HP Adhesives Limited has duly informed the National Stock Exchange of India Ltd (NSE) and BSE Limited about this appointment, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Statement

Anjana Haresh Motwani, Chairperson and Executive Director of HP Adhesives Limited, signed the official communication to the stock exchanges. The company has also stated that this information will be available on their official website, www.hpadhesives.com , under the Investor Relations section.

This strategic appointment underscores HP Adhesives' commitment to maintaining high standards of corporate governance and ensuring smooth compliance with regulatory requirements. Ms. Talgaonkar's rich experience is expected to contribute significantly to the company's corporate affairs and stakeholder relations.