HP Adhesives Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	2,646	2,529	2,359	2,330	1,646	1,182
Other Revenue	5.57	5.57	0	-0	-	-
Revenue	2,651	2,534	2,359	2,330	1,646	1,182
Revenue Growth (YoY)	13.53%	7.43%	1.25%	41.55%	39.30%	28.11%
Cost of Revenue	1,672	1,605	1,495	1,692	1,215	812.23
Gross Profit	979.18	929.04	863.66	637.76	431.26	369.39
Selling, General & Admin	442.63	407.3	342.86	268.72	180.75	148.53
Other Operating Expenses	271.62	245.15	210.08	175.2	123.94	87.01
Operating Expenses	767.19	699.63	595.88	476.26	333.09	254.57
Operating Income	211.99	229.41	267.78	161.49	98.17	114.81
Interest Expense	-5.66	-2.72	-7.59	-20.25	-30.47	-22.74
Interest & Investment Income	12.59	12.59	16.31	21.84	6.52	0.83
Currency Exchange Gain (Loss)	8.69	8.69	7.09	3.51	6.49	3.61
Other Non Operating Income (Expenses)	-14.8	-17.47	-11.07	-2.51	0.81	35.79
EBT Excluding Unusual Items	212.81	230.5	272.51	164.09	81.53	132.3
Gain (Loss) on Sale of Investments	6.75	6.75	6.41	-	-	-
Gain (Loss) on Sale of Assets	0.03	0.03	0.01	-	-	-
Other Unusual Items	-3.23	-	-	-13.75	-	-
Pretax Income	216.36	237.28	281.17	150.34	81.53	132.3
Income Tax Expense	54.46	54.85	75.48	41.76	21.46	31.71
Net Income	161.89	182.44	205.68	108.58	60.07	100.6
Net Income to Common	161.89	182.44	205.68	108.58	60.07	100.6
Net Income Growth	-21.39%	-11.30%	89.43%	80.77%	-40.29%	-
Shares Outstanding (Basic)	92	92	92	92	76	65
Shares Outstanding (Diluted)	92	92	92	92	76	65
Shares Change (YoY)	-0.29%	-	-	20.87%	16.94%	-
EPS (Basic)	1.76	1.99	2.24	1.18	0.79	1.55
EPS (Diluted)	1.76	1.99	2.24	1.18	0.79	1.55
EPS Growth	-21.16%	-11.30%	89.72%	49.37%	-48.95%	-
Free Cash Flow	-27.58	-40.88	51.82	-210.54	-276.09	-51.42
Free Cash Flow Per Share	-0.30	-0.45	0.56	-2.29	-3.63	-0.79
Dividend Per Share	-	0.400	0.300	-	-	-
Dividend Growth	-	33.33%	-	-	-	-
Gross Margin	36.93%	36.66%	36.61%	27.37%	26.20%	31.26%
Operating Margin	7.99%	9.05%	11.35%	6.93%	5.96%	9.72%
Profit Margin	6.11%	7.20%	8.72%	4.66%	3.65%	8.51%
Free Cash Flow Margin	-1.04%	-1.61%	2.20%	-9.04%	-16.77%	-4.35%
EBITDA	253.84	265.51	297.79	180.36	112.77	126.18
EBITDA Margin	9.57%	10.48%	12.62%	7.74%	6.85%	10.68%
D&A For EBITDA	41.85	36.1	30	18.86	14.6	11.37
EBIT	211.99	229.41	267.78	161.49	98.17	114.81
EBIT Margin	7.99%	9.05%	11.35%	6.93%	5.96%	9.72%
Effective Tax Rate	25.17%	23.11%	26.85%	27.77%	26.32%	23.96%
Revenue as Reported	2,694	2,574	2,393	2,359	1,674	1,239
Advertising Expenses	-	66.93	57.38	49.3	7.41	1.18

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.