HP Adhesives Limited (NSE:HPAL)

HP Adhesives Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	61.06	32.87	8	3.87	132.7	8.31
Short-Term Investments	350.25	111.72	112.81	25.53	358.09	4.01
Trading Asset Securities	-	246.48	181.99	-	-	-
Cash & Short-Term Investments	411.31	391.07	302.8	29.4	490.79	12.33
Cash Growth	118.19%	29.15%	930.05%	-94.01%	3882.07%	4.76%
Accounts Receivable	415.94	417.44	364.8	372.54	320.52	228.66
Other Receivables	12.39	3.02	4.24	32.68	23.91	11.16
Receivables	440.27	430.62	379.68	416.69	356.33	251.48
Inventory	573.15	564.95	476.9	448.61	411.69	323.97
Prepaid Expenses	-	7.04	4.57	3.61	3.48	2.49
Other Current Assets	83.53	81.63	59.9	68.47	81.07	27.44
Total Current Assets	1,508	1,475	1,224	966.77	1,343	617.7
Property, Plant & Equipment	767.93	770.73	679.73	558.92	430.7	255.61
Long-Term Investments	39.25	28.6	48.68	294.11	143.2	-
Other Intangible Assets	1.32	1.47	1.95	1.16	1.67	1.72
Long-Term Deferred Tax Assets	-	-	1.28	5.15	12.88	17.2
Other Long-Term Assets	3.68	4.64	20.89	20.42	22.39	5.56
Total Assets	2,320	2,281	1,976	1,847	1,954	897.79
Accounts Payable	264.2	229.96	160.32	202.43	314.36	258.9
Accrued Expenses	12.25	65.54	41.66	27.8	24.44	30.51
Short-Term Debt	-	55.36	-	3.35	53.29	228.38
Current Portion of Long-Term Debt	8.44	1.52	3.73	16.33	38.84	108.19
Current Portion of Leases	9.78	13.33	11.68	12.63	11.53	2.43
Current Income Taxes Payable	0.35	0.19	12.82	11.29	3.99	13.51
Other Current Liabilities	116.76	47.57	34.12	27.68	43.26	30.44
Total Current Liabilities	411.79	413.46	264.32	301.49	489.7	672.36
Long-Term Debt	-	-	1.52	26.58	42.91	85.47
Long-Term Leases	3.08	6.82	14.72	26.4	39.03	1.45
Pension & Post-Retirement Benefits	9.16	7.99	6.9	9.17	9.16	11.92
Long-Term Deferred Tax Liabilities	11.65	9.68	-	-	-	-
Other Long-Term Liabilities	-	-0	0	-	0	-
Total Liabilities	435.67	437.96	287.46	363.65	580.8	771.2
Common Stock	183.75	183.75	183.75	183.75	183.75	130
Additional Paid-In Capital	-	1,129	1,129	1,129	1,129	-
Retained Earnings	-	530.4	376.5	170.49	61	-3.41
Comprehensive Income & Other	1,701	0	0	-	-	-
Shareholders' Equity	1,885	1,843	1,689	1,483	1,373	126.59
Total Liabilities & Equity	2,320	2,281	1,976	1,847	1,954	897.79
Total Debt	21.3	77.04	31.64	85.28	185.59	425.92
Net Cash (Debt)	390.02	314.04	271.15	-55.89	305.2	-413.6
Net Cash Growth	144.74%	15.82%	-	-	-	-
Net Cash Per Share	4.25	3.42	2.95	-0.61	4.02	-6.36
Filing Date Shares Outstanding	92.99	91.87	91.87	91.87	91.87	71.17
Total Common Shares Outstanding	92.99	91.87	91.87	91.87	91.87	65
Working Capital	1,096	1,062	959.52	665.28	853.65	-54.66
Book Value Per Share	20.27	20.06	18.38	16.14	14.95	1.95
Tangible Book Value	1,883	1,841	1,687	1,482	1,372	124.87
Tangible Book Value Per Share	20.25	20.04	18.36	16.13	14.93	1.92
Buildings	-	419.87	283.16	73.91	73.91	73.91
Machinery	-	467.1	353.83	389.53	226.57	196.27
Construction In Progress	-	43.66	162.07	172.55	175.45	65.2

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