HP Adhesives balance sheet

As of Mar 2026

Total assets: ₹232cr+1.8% on Mar 2025
Shareholders' equity: ₹188cr+1.9% on Mar 2025
Total debt: ₹3.3cr−42.8% on Mar 2025
Cash and investments: ₹23.1cr−16.9% on Mar 2025

₹ crore except per share

Tap a line for its trend	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets					FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	71.6	71.0	51.8	38.6
	4.7	4.4	16.2	17.3
	0.1	0.1	0.2	0.1
	—	2.9	4.9	9.4
	0.0	2.9	4.9	—
	0.6	0.0	—	—
	0.9	2.2	2.1	2.0
	78.0	80.5	75.3	88.0
	50.5	56.5	47.7	44.9
	22.2	24.6	18.2	—
	37.3	41.7	36.5	37.3
	0.9	3.1	8.3	1.0
	7.4	1.6	—	—
	1.1	1.0	1.1	1.1
	26.9	0.0	—	—
	95.7	72.1	64.8	39.8
	5.2	17.8	10.0	12.0
	154	148	123	96.7
	232	228	198	185
Equity
	18.4	18.4	18.4	18.4
	169	166	151	130
	188	184	169	148
	188	184	169	148
Liabilities
	0.0	0.0	0.2	2.7
	0.6	0.7	—	—
	0.6	0.7	—	—
	0.7	0.8	0.7	0.9
	0.0	1.0	—	—
	1.3	2.4	2.3	6.2
	3.3	5.7	—	2.0
	27.6	23.0	16.0	20.2
	7.3	7.9	4.9	3.6
	38.2	36.6	—	—
	3.0	3.0	1.3	0.5
	0.0	0.0	—	—
	1.9	1.8	1.4	1.5
	43.1	41.3	26.6	30.1
	44.4	43.8	28.9	36.4
	232	228	198	185
Assets — additional as-filed lines
	2.7	1.1	—	—
Trade payables — MSME split
	7.7	5.8	—	—
	19.9	17.2	—	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

HPAL₹30.15

HP Adhesives Limited

· Chemicals

₹ CrorePeersDYNPRO PODDARMENT LORDSCHLO DIAMINESQ CHEMBOND MANORG PLASTIBLEN VIKASECOMcap ₹277 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Non-current Assets
+ Property, Plant & Equipment	38.6	51.8	71.0	71.6	71.6
+ Capital Work-in-Progress	17.3	16.2	4.4	4.7	4.7
+ Other Intangibles	0.1	0.2	0.1	0.1	0.1
+ Other Non-current Financial Assets	9.4	4.9	2.9	—	—
Non-current Financial Assets	—	4.9	2.9	0.0	0.0
+ Deferred Tax Assets	—	—	0.0	0.6	0.6
+ Other Non-current Assets	2.0	2.1	2.2	0.9	0.9
Total Non-current Assets	88.0	75.3	80.5	78.0	78.0
Current Assets
+ Inventories	44.9	47.7	56.5	50.5	50.5
+ Current Investments	—	18.2	24.6	22.2	22.2
+ Trade Receivables	37.3	36.5	41.7	37.3	37.3
+ Cash & Cash Equivalents	1.0	8.3	3.1	0.9	0.9
+ Other Bank Balances	—	—	1.6	7.4	7.4
+ Short-term Loans	1.1	1.1	1.0	1.1	1.1
+ Other Current Financial Assets	—	—	0.0	26.9	26.9
Current Financial Assets	39.8	64.8	72.1	95.7	95.7
+ Other Current Assets	12.0	10.0	17.8	5.2	5.2
Total Current Assets	96.7	122.6	147.5	154.1	154.1
Total Assets	184.7	197.8	228.1	232.1	232.1
Equity
+ Equity Share Capital	18.4	18.4	18.4	18.4	18.4
+ Other Equity / Reserves	129.9	150.5	165.9	169.4	169.4
Equity — Owners of Parent	148.3	168.9	184.3	187.7	187.7
Total Equity	148.3	168.9	184.3	187.7	187.7
Liabilities
+ Borrowings — Non-current	2.7	0.2	0.0	0.0	0.0
+ Other Non-current Financial Liab	—	—	0.7	0.6	0.6
Non-current Financial Liabilities	—	—	0.7	0.6	0.6
+ Provisions — Non-current	0.9	0.7	0.8	0.7	0.7
+ Deferred Tax Liabilities	—	—	1.0	0.0	0.0
Non-current Liabilities	6.2	2.3	2.4	1.3	1.3
+ Borrowings — Current	2.0	—	5.7	3.3	3.3
+ Trade Payables	20.2	16.0	23.0	27.6	27.6
+ Other Current Financial Liab	3.6	4.9	7.9	7.3	7.3
Current Financial Liabilities	—	—	36.6	38.2	38.2
+ Provisions — Current	0.5	1.3	3.0	3.0	3.0
+ Current Tax Liabilities	—	—	0.0	0.0	0.0
+ Other Current Liabilities	1.5	1.4	1.8	1.9	1.9
Current Liabilities	30.1	26.6	41.3	43.1	43.1
Total Liabilities	36.4	28.9	43.8	44.4	44.4
Total Equity & Liabilities	184.7	197.8	228.1	232.1	232.1
Assets — additional as-filed lines
+ Current Tax Assets	—	—	1.1	2.7	2.7
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	5.8	7.7	7.7
+ Dues to Other Creditors — Current	—	—	17.2	19.9	19.9

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.