Results - Announcements
HP Adhesives Ltd share price advanced by 5.05% to Rs 33.51 after the company's net profit tumbled by 130.77% to Rs 0.28 crore, while revenue from operations gained 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, easing 8.95%. It has inched up 3.85% over last one week and dipped slightly by 5.28% in last one month while the market capitalization of HP Adhesives Ltd has increased 10.70% and 1.27% in the same period respectively.
Profit before tax (PBT) of HP Adhesives Ltd stood at Rs 0.74 crore in Q2 FY27, tanking 84.58% year-on-year, and tumbling by 154.81% quarter-on-quarter. EBITDA came in at Rs 3 crore, nosediving by 53.44% YoY and plunging by 283.57% sequentially.
Total expenses rose 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, ticking higher by 0.61% YoY.
For FY26, revenue from operations softened by 0.20% to Rs 249.28 crore, while net profit plunged by 61.73% to Rs 6.98 crore, compared to previous FY. EBITDA surged by 2155% to Rs 9.49 crore, and PBT collapsed 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 nosedived by 31.60% in last one year, underperforming the benchmark BSE Sensex which has softened by 4.80% during the same period.