HP Adhesives Approves FY 2026 Results and Recommends 20% Dividend

HP Adhesives Approves FY 2026 Results and Recommends 20% Dividend​

HP Adhesives Limited (formerly HP Adhesives Private Limited) announced on May 12, 2026, that its Board of Directors approved the Audited Standalone and Consolidated Financial Results for the quarter and full financial year ended March 31, 2026. The Board also recommended a final dividend for the fiscal year.

The Board meeting commenced at 03:30 p.m. and concluded at 07:00 p.m. on May 12, 2026.

Dividend Recommendation and Audit Findings​

The company recommended a final dividend of ₹ 0.40 (20%) per fully paid-up equity share of ₹ 2 each for the year ended March 31, 2026. This dividend is subject to approval by the shareholders at the ensuing Annual General Meeting (AGM) and will be paid within 30 days of declaration.

The Board also confirmed that the Statutory Auditors, M/s Priya Choudhary & Associates LLP, issued the Audit Report with an unmodified opinion on the audited financial results.

Financial Performance Highlights​

The annual financial results show significant figures across the reported years. The audited financial statement summaries are provided below:


The standalone results showed a total income of 5,837.43 Lakh for the quarter ending March 31, 2026, compared to 6,701.68 Lakh in the same quarter of the previous year. The standalone PAT was 688.22 Lakh for the year ended March 31, 2026.

Balance Sheet Overview​

As of March 31, 2026, the total assets for the consolidated entity stood at 23,211.35 Lakh, compared to 22,807.52 Lakh recorded on the same date in 2025. The total equity and liabilities also measured 23,211.35 Lakh.

Significant Operational Event​

During the audit period, the company reported a major operational incident. On January 17, 2026, a fire occurred at Unit I of the company located at Survey no. 7/18, Village Narangi, Taluka Khalapur, District Raigad.

Due to the damage to property, plant and equipment, inventory, and the interruption of operations, the company preliminarily recognized an estimated loss of INR 2,498.5 lakhs under Exceptional Items. This initial recognition was accompanied by a corresponding insurance claim receivable disclosed under Other Current Financial Assets, pending the final assessment and settlement of the insurance claims.

Cash Flow Summary​

The company's cash flow statements indicated the following movements:


The consolidated statements detail that the total current assets increased to 15,413.96 Lakh, from 14,753.17 Lakh in the previous year. The total current liabilities amounted to 4,308.56 Lakh, up from 4,134.57 Lakh.

The company stated that it will inform stakeholders regarding the date for the Annual General Meeting (AGM) and the record date for the dividend, if approved by the shareholders.

HPAL Stock Price Movement​

Shares of HP Adhesives Limited today slipped by 4.28% to settle at ₹41.03, dropping ₹1.92 from its previous close. The stock closed with considerable selling volume, recording 778,319 shares traded during the session.