HP Adhesives Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- HP Adhesives Ltd reported a 15.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a - of -.
- Its expenses for the quarter were up by 14.9% QoQ and - - YoY.
- The net profit increased 1.0% QoQ and - - YoY.
- The earnings per share (EPS) of HP Adhesives Ltd stood at 0.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 67.97 | 59.12 | 0.00 | 15.0% | - |
Total Expenses | 62.16 | 54.08 | 0.00 | 14.9% | - |
Profit Before Tax | 5.81 | 5.05 | - | 15.0% | NaN% |
Tax | 1.60 | 0.88 | 0.00 | 81.8% | - |
Profit After Tax | 4.21 | 4.17 | 0.00 | 1.0% | - |
Earnings Per Share | 0.50 | 0.50 | 0.00 | 0.0% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
HP Adhesives Ltd operates primarily in the adhesives industry, providing a range of products that cater to various industrial and consumer needs. The company specializes in manufacturing adhesives and sealants used in diverse applications, including construction, packaging, and automotive sectors. As a company in the chemical manufacturing industry, HP Adhesives continuously works towards innovation and expansion to maintain its competitive edge. At this time, specific recent developments or strategic changes within the company have not been provided. However, the company's consistent performance in its sector is often attributed to its robust product portfolio and adherence to quality standards.
Revenue
In Q3FY25, HP Adhesives Ltd reported a total income of ₹67.97 crores, marking a quarter-over-quarter (QoQ) increase of 15.0% from ₹59.12 crores in Q2FY25. This growth in revenue illustrates the company's ability to generate more sales or possibly increase its pricing strategy during this period. Since YoY comparison figures for Q3FY24 are not available, a direct year-over-year (YoY) analysis isn't possible. Nevertheless, the upward trajectory in the QoQ revenue showcases the company's efforts in enhancing its market presence and potentially expanding its customer base or product lines during the third quarter of fiscal year 2025.
Profitability
HP Adhesives Ltd's profitability metrics for Q3FY25 indicate a steady performance. The company recorded a Profit Before Tax (PBT) of ₹5.81 crores, up by 15.0% from ₹5.05 crores in Q2FY25. After accounting for taxes, the Profit After Tax (PAT) for Q3FY25 stood at ₹4.21 crores, showing a marginal QoQ increase of 1.0% compared to ₹4.17 crores in the previous quarter. This represents the company’s ability to manage its expenses effectively while facing an increase in tax from ₹0.88 crores in Q2FY25 to ₹1.60 crores in the current quarter. Earnings Per Share (EPS) remained stable at ₹0.50, with no QoQ change. The stability in EPS suggests consistency in shareholder returns over the quarters.
Operating Metrics
The operational efficiency of HP Adhesives Ltd in Q3FY25 can be observed through its expense management and tax allocations. Total Expenses rose to ₹62.16 crores, a 14.9% increase from ₹54.08 crores in Q2FY25. This rise in expenses is in line with the increase in total income, suggesting that the company is scaling its operations effectively. The significant rise in tax expenses from ₹0.88 crores in Q2FY25 to ₹1.60 crores in Q3FY25, an 81.8% increase, reflects changes in tax obligations or accounting adjustments. Despite these rising costs, the company's ability to maintain a positive PAT and stable EPS indicates efficient operational management and strategic financial planning throughout the quarter.
