HP Adhesives Limited has informed the Exchange regarding Board meeting held on May 13, 2025.
HPAL · price
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Awaiting price reaction for this filing.
HP Adhesives' board, which met on May 13, 2025, approved its audited standalone and consolidated financial results for Q4 and full year ended March 31, 2025, along with an unmodified (clean) audit opinion from Priya Choudhary & Associates LLP. Consolidated revenue from operations rose about 7.2% to ₹25,287.16 lakhs (vs ₹23,590.60 lakhs in FY24), driven by growth in Q4 revenue to ₹6,682.72 lakhs. However, consolidated profit after tax fell around 11% to ₹1,824.35 lakhs (from ₹2,056.81 lakhs), and operating cash flow nearly halved to ₹993.95 lakhs (from ₹2,163.59 lakhs), pointing to weaker margins and rising working capital needs. The board has recommended a dividend of ₹0.40 (20%) per equity share of ₹2 face value, subject to shareholder approval at the upcoming AGM. This is the first set of consolidated results, as the company incorporated its wholly-owned subsidiary Unitybond Solutions Private Limited in May 2024.
Mixed signal for shareholders: topline growth is healthy but bottom-line has shrunk even as costs climbed, which may weigh on the stock. The 20% dividend offers some income cushion, but the sharp drop in cash profits warrants close watch on margins and working capital.