Financial Results Approval

The Board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015. The statutory auditors, D. Kothary & Co., conducted limited reviews and issued unmodified reports for both standalone and consolidated results.

Consolidated Financial Performance (in lakhs)

  • Revenue from operations: ₹3,118 (Q1 FY27) vs ₹3,591 (Q1 FY26) vs ₹2,756 (Q4 FY26)
  • Other income: ₹35 (Q1 FY27) vs ₹41 (Q1 FY26) vs ₹97 (Q4 FY26)
  • Total income: ₹3,153 (Q1 FY27) vs ₹3,632 (Q1 FY26) vs ₹2,853 (Q4 FY26)
  • Net profit: ₹102 (Q1 FY27) vs ₹85 (Q1 FY26) vs ₹68 (Q4 FY26)
  • Basic EPS: ₹2.60 (Q1 FY27) vs ₹2.17 (Q1 FY26) vs ₹1.74 (Q4 FY26)

Expense Breakdown (Consolidated, in lakhs)

  • Cost of materials consumed: ₹1,155
  • Changes in inventories: (₹61)
  • Employee benefits expense: ₹922
  • Finance costs: ₹126
  • Depreciation and amortization: ₹79
  • Power and fuel: ₹346
  • Other expenses: ₹445
  • Total expenses: ₹3,012

Tax Expense

  • Deferred tax expense: ₹39
  • Total tax expense: ₹39

Standalone Financial Performance (in lakhs)

  • Revenue from operations: ₹3,118 (Q1 FY27) vs ₹3,591 (Q1 FY26) vs ₹2,756 (Q4 FY26)
  • Other income: ₹35 (Q1 FY27) vs ₹41 (Q1 FY26) vs ₹97 (Q4 FY26)
  • Net profit: ₹102 (Q1 FY27) vs ₹85 (Q1 FY26) vs ₹63 (Q4 FY26)
  • Basic EPS: ₹2.60 (Q1 FY27) vs ₹2.17 (Q1 FY26) vs ₹1.61 (Q4 FY26)

Capital Structure

  • Paid-up equity share capital: ₹392 lakhs (face value ₹10 per share)
  • Number of shares: 39.2 lakh shares

Subsidiary Information

The consolidated results include one subsidiary: HP MMF Textile Mills Limited, which reported:

  • Total revenues: ₹Nil
  • Net loss after tax: ₹(0.13) lakhs
  • Total comprehensive income: ₹(0.13) lakhs

Director Re-appointment

The Board approved the re-appointment of Mr. Vikram Sumatilal Sheth (DIN: 03349632) as an Independent Director for a second term of five consecutive years, effective from April 30, 2027 to April 29, 2032, subject to shareholder approval.

Director Profile

Mr. Sheth holds a Bachelor's degree in Engineering (Chemical Plant Engineering) from University of Mumbai and a Master's degree in Management Studies (MMS) from NMIMS. He has over three decades of experience in financial services, having assisted corporates in raising over US$3 billion in equity/debt. His previous stints include ICICI Securities, Edelweiss, and Religare. For the past 11 years, he has built the Investment Banking practice for NAFA Sustainable Finance Pvt Ltd.

Compliance Disclosures

  • Mr. Sheth is not debarred from holding director office by virtue of any SEBI Order
  • No relationship exists between directors
  • The announcements are available on the company website at www.hpthreads.com

Accounting Standards and Preparation

The financial results were prepared in accordance with Ind AS 34 "Interim Financial Reporting" and comply with Regulation 33 of SEBI (LODR) Regulations, 2015. The company operates in a single business segment: Textile (spinning).

Notes to Financial Results

The figures for the quarter ended March 31, 2026 are balancing figures between audited annual figures and previously published unaudited nine-month figures.

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