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27-05-2025 | 03:55 pm

HCP Plastene

Bulkpack Limited

27-05-2025

To,

Listing Department,

Bombay Stock Exchange Limited Phirozee Jeejeebhoy Towers Dalal Street,

25th Floor Mumbai —400 001.

Dear Sir/Madam,

SUBJECT: Clarification with respect to Outcome submitted dated May 26, 2025.

Script Code: 526717

Dear Sir/Madam,

In continuation to the outcome has been submitted dated i.e. May 26, 2025, we are enclosing herewith

revised financial results for the Period ended on 31st March 2025 along with Audit report and Declaration

regarding Auditor’s Report with Unmodified Opinion for the Financial Year ended March 31, 2025 under

Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Further we request you to take note that there is a change in figures of Deferred Tax (Income)/Expense for

the current reporting quarter of financial results submitted for the period ended March 31, 2025.We hereby

attach a revised Outcome for the same.

Thanking You,

Yours faithfully,

For, For, HCP PLASTENE BULKPACK LIMITED

(Formerly Known as Gopala Polyplast Limited)

PRAKASH HIRALAL PAREKH Managing Director

DIN: 00158264

ENCL: AS ABOVE

----------------Page (0) Break----------------

HCP Plastene

Bulkpack Limited

May 27, 2025

ing Department,

Bombay Stock Exchange Limited

Phiroze Jeejeebhoy Towers,

Dalal Street, Fort,

Mumbai 400001

Scrip Code: 526717

Respected Sir/Ma’am,

Sub: Outcome of Meeting of the Board of Directors held Yesterday i.e. Monday, May 26, 2025.

Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. Audited

Financial Results (Standalone and Consolidated) for the period ended on March 31, 2025

With reference to the captioned subject and pursuance to Regulation 30 of SEBI (Listing Obligation and

Disclosure Requirements) Regulations 2015, this is to inform you that the Meeting of the Board of directors was

held Yesterday i.e. Monday, May 26, 2025 at the registered office of company.

The outcomes of Board meeting are as under:

1. Approved the Audited Standalone and Consolidated Financial Statement for the period ended on

March 31, 2025 as recommended by the Audit Committee. Further, Pursuant to Regulation 33 of the

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the following:

(i)Statements showing the Audited Financial Results (Standalone and Consolidated) for the period

ended on March 31, 2025; and

(i) Auditors’ Reports with opinions basis on the aforesaid Audited Financial Results (Standalone

and Consolidated).

2. Declaration to the effect that there is Unmodified Opinion with respect to Audited Financial Results

(Standalone & Consolidated) for the year ended on 31 March, 2025.

Please note that the Board Meeting Commenced at 04:00 PM and concluded at 04:45 PM

You are requested to kindly take the above information on record.

Thanking you,

Yours faithfully,

For, HCP PLASTENE BULKPACK LIMITED (Formerly Known as Gopala Polyplast Limited)

PRAKASH HIRALAL PAREKH

Managing Director o

DIN: 00158264

ENCL: AS ABOVE

----------------Page (1) Break----------------

HCP Plastene

Bulkpack Limited

Statement of Audited Standalone Profit and loss for the Year Ended 31-Mar-2025

(X in Lakh)

Quarter For the

ended year ended

5 31.03.202 L2202 31.03.20 31.03.20 . E 4 31.03.2025

N particulara 5 (Unaudite 2 (audited) 2 A (audited) d) (audited) (audited)

& Revenue From Operation 3,371.68 3,503.50 1,280.18 11,808.53 4,554 .91

2 Other Income 28.20 69.08 19.38 148.98 126.51

3 Total Income (1 +2) 3,399.88 3,572.58 1,299.55 | 11,957.52 4,681.44

4 | Expenditure

a) Cost of Material Consumed 2,823.55 2,981.37 940.23 9,406.43 2,772.22

b) Changes in inventories of

finished goods, work-in-progress (615.94) (235.65) (281.86) | (908.41) (85.27)

c) Employees Benefits Expenses 97.09 103.85 100.15 416.95 519.88

d) Finance Costs 126.30 144.67 97.08 510.65 357.04

€) Depreciation & amortisation

Expenses 57.57 57.60 66.25 230.37 269.43

f) Other Expenses 505.01 378.39 397.88 1,539.34 1,220.56

Total Expenditure 2,993.58 3,430.23 1,319.73 11,195.33 5,053.87

5 Profit before exceptional Items and

tax(3-4) 406.30 142.34 (20.18) | 762.18 (372.44)

6 | Exceptional ltems

Z3[Erotic/{Los-) betore tax(5 6} 406.30 142.34 (20.18) 762.18 (372.44)

8 | Tax Expenses :

a) Current Tax - = — = -

b) Tax for Earlier Years - - - - -

b) Deffered Tax (Income)/Expense | 94.55 36.65 (6.99) 187.81 (96.07)

5 Profit (Loss) for the period from

continuing operations (7-8) 311.75 105.69 (13.19) 574.37 (276.37)

1 | Profit (Loss) from discontinuing

0 | operations before tax - - - - -

1 | Tax expense of discontinuing

1 | operations - - - - -

1 | Profit/(loss) from Discontinuing &

2 | operations (after tax) (10-11) - - - - -

1 Profit / (L for th iod (9+12 3 | Profit/(Loss) for theperiod (9+12) | 31 o0 | 10569 | (13.19) | 57437 (276.37)

----------------Page (2) Break----------------

HCP Plastene

Bulkpack Limited

Other Comprehensive Income

Items that will not be reclassified

subsequently to profit or loss Remeasurement gain / (loss) of

Defined Benefit Plan

Income tax relating to

Remeasurement gain of Defined

Benefit Plan

Net change (Loss)/Gain in fair Value of

investment in Equity instruments

Items that will be reclassified

subsequently to profit or loss

Income tax relating to items that will

be reclassified to profit or loss

Other Comprehensive Income, net of

tax

9.86

9.86 13.41

Total Comprehensive Income for the

period (13+14) 311.75 105.69 (3:33) 574.37 (262.96)

Paid-up Equity Shares Capital (Face

Value Per Share Rs 10/-) 1067.48 1067.48 1067.48 1067.48 1067.48

NROROR

Other Equity exluding revaluation

reserve

Earnings Per equity Share (face value

Of Rs 10/- Each)

(for Continuing Operations )

(a) Basic

(b) Diluted

2.92 0.99

0.98

(0.03)

5.38 (2.46)

(2.46)

Earnings Per equity Share (face value

Of Rs 10/- Each)

(for discontining Operations )

(a) Basic

(b) Diluted

Earnings Per equity Share (face value

Of Rs 10/- Each)

(for Continuing & discontining

Operations )

(a) Basic

(b) Diluted

0.99

0.98

(0.03)

5.38 (2:59)

(2.46)

----------------Page (3) Break----------------

HCP Plastene

Bulkpack Limited

Statement of Audited Standalone Assets and Liabi ies as on 31st March, 2025

(% in Lakhs)

STATEMENT OF ASSETS AND LIABILITIES

PARTICULARS As at 31.03.25 | Asat 31.03.24

(Audited) (Audited)

ASSETS

I. Non-current assets

(a) Property, plant and equipment 1,868.53 2,132.37

(b) Capital Work in Progress - -

(b) Financial assets

(i) Non-Current Investments 906.21 901.40

(iii) Other Financial Assets 112.24 90.12

(d) Other non-current assets 672.92 823.67

Total non-current assets 6,133.17 6,708.64

II. Current assets

(a) Inventories 1,511.86 505.08

(b) Financial assets

(i) Current investments - 8.29

(ii) Trade and other receivables 2,927.62 1,841.79

(iii) Cash and cash equivalents 35.05 52.07

(iv) Short term loans and advances 211.65 28.36

Total current assets 4,910.29 2,564.05

Total Assets 11,043.46 9,272.69

Equity and Liabilities

1. Equity

(a) Equity Share capital 1,067.48 1,067.48

(b) Other equity 3,710.32 3,097.80

Total equity 4,777.80 4,165.28

II. Liabilities

(A) Non-current liabilities

(a)Financial liabilities

(i)Long term borrowings 1,800.44 2,612.09

(ii)Other financial liabilities 0.00 0.00

(b)Long term provisions 12.16 488

(C)Other non-current liabilities 0.00 0.00

Total non-current liabilities 1,812.60 2,616.97

(B) Current liabilities

(a)Financial liabilities

(i)Current borrowings 4,018.12 2,212.31

(ii)Trade and other payables

- Due to Micro and Small Enterprise 40.98 22.91

- Dueto Others 284.56 164.39

(iii)Other Financial Liabilities 0.00 0.00

(b)Other current liabilities 107.75 86.27

----------------Page (4) Break----------------

HCP Plastene

Bulkpack Limited

(c)Short-term provisions

Total current li ities.

Total Liabilities

Total Equity and Liabilities

1.64 4.56

4,453.05 2,490.44

6,265.65 5,107.41

11,043.45 9,272.69

For and on behalf of the Board of Directors,

For HCP Plastene Bulkpack Limited

(Formerly Known as Gopala Polyplast Limited)

Prakash Parekh

Managing Director

DIN:00158264

Place: Ahmedabad

Date: 26th May, 2025

----------------Page (5) Break----------------

HCP Plastene

Bulkpack Limited

Audited Standalone Segment Information For The Quarter ended and Year ended 31st March, 2025

(% in Lakhs)

Quarter For the

ended year ended

S5 31.03.202 SL1202 31.03.20 31.03.20 . - 4 31.03.2025

N Earticulars 2 (Unaudite - (audited) 2 5 (audited) d (audited) (audited)

1 | segment Revenue

Woven Sacks Division 3,308.35 3,449.71 121164 11,558.71 4,309.59

Label Division 63.33 53.79 68.54 249.82 245.32

Total 3,371.68 3,503.50 1,280.18 11,808.54 4,554.91

Less:

Inter Segment Revenue - - - - -

Net Sales/ Income from Operations 3,371.68 3,503.50 1,280.18 | 11,808.54 4,554.91

2 | Segment Results (EBIT)

Profit before Interest, & Tax

(Including Extra Ordinary Items)

Woven Sacks Division 520.50 279.94 73.59 1,225.02 (37.68)

Label Division 12.10 7.08 3.32 47.82 22127,

Total 532.59 287.02 76.91 1,272.84 (15.40)

Less:

i Interest 126.30 144.67 97.08 510.65 357.04

Profit before Tax 406.30 142.34 (20.18) | 762.18 (372.44)

Less: Provision for Tax /

ii. | Deffered Tax (Income)/Expense (281.07) 36.65 (6.99) (187.81) (96.07)

iii Other Comprehensive /

unallocable Income = S 9.86 = 13.41

off unallocable income

Net Profit 687.37 105.69 (3:33) 949.99 (262.96)

3 | Segment Assets

(a) Woven Sacks Division 6,602.82 6,149.24 5,046.14 6,602.82 5,046.14

(b)) Label Division 306.45 328.53 299.34 306.45 299.34

( ¢ ) Unallocated 4,134.19 4,486.00 3,927.20 | 4,134.19 3,927.20

11,043.46 | 10,963.77 | 9,272.68 | 41,043.46 | 9,272.68

4 | Segment Liabilities

----------------Page (6) Break----------------

HCP Plastene

Bulkpack Limited

(a) Woven Sacks Division 601112 | 317.77 169.31 6,011.12 169.31

(b)) Label Division 122.44 5.67 9.27 122.44 9.27

(¢ ) Unallocated 132.09 6,186.98 | 4,928.84 | 132.09 4,928.84

6,265.65 | 6,510.43 | 5107.42 | 6,265.65 5,107.42

Notes : --

at their respective meetings held on 26th May, 2025

The Audit Committee has reviewed, and the Board of Directors has approved the above results and its release

The Company is operating mainly two segment i.e Woven Sack Division and Woven Label Division.

necessary, to make them Comparable.

The figures for the corresponding previous quarter / year have been regrouped / reclassified whenever

For HCP Plastene Bulkpack

Limited

(Formerly Known as Gopala

Polyplast Limited)

Prakash Parekh

Managing Director

DIN:00158264

Place: Ahmedabad

Date: 26th May, 2025

----------------Page (7) Break----------------

HCP Plastene

Bulkpack Limited

Audited Standalone Cash Flow Statement for the year ended 31st March, 2025

(%in Lakhs)

Particulars

For the year ended

31st

March, 2025

For the year ended

31st

March-2024.

CASHFLOW FROM OPERATING

ACTIVITIES

Net Profit before Tax

Adjustment for :

Depreciation

Other Comprehensive Imcome

Bad Debts

Interest and Other Borrowing Cost

Interest Income

Insurance Claim Received

Impairment of assets

Exceptional Items

Balance Written Off

(Profit)/Loss on sale of

Investment/Mark to Mark Gain

(Profit)/Loss Due to Sale of Fixed

Assets

Employees Bebefit Expenses (ESOP)

(Profit)/Loss Due to Foreign

Exchange

(Profit)/Loss Due to theft of Plant &

Machineries

Operating Profit before Working

Capital Changes

Adjustment For :

Trade receivables & Other Current

& Non-Current Assets

762.18

150.78 =

(42.74)

(372.45)

269.43

357.04

(85.68)

(0.94) 4.09

33.35 38.10

885.28 581.36

1,647.46

(1,226.27) )

208.91

(1,324.18

----------------Page (8) Break----------------

HCP Plastene

Bulkpack Limited

Inventories

Trade Payables, Other Current & Non-

Current Liabilities & Provision

Cash generated from operations

Taxes Paid

Net Cash From Operating Activities

(A)

CASHFLOW FROM INVESTING

ACTIVITIES

Purchase of Property, Plant &

Equipments

Sales of Property, Plant &

Equipments

Interest Income

Exceptional Items

(Purchase) / Sale of Investment

(Net) / Mark to Mark G/L

Net Cash used in Investing

Activities (B)

CASHFLOW FROM FINANCING

ACTIVITIES

Proceeds from Share Capital &

reserv

Proceeds from Capital

reserve/Share Premium

Proceeds from Non-Controlling

Interest

Proceeds from Long/Short term borrowing

(Net of repayments)

Interest and Other Borrowing Cost

Proposed Dividend & Dividend Tax

(1,006.78) 54.34

163.66 (213.19)

(2,069.3 (1,483.0

9) p)]

(1,274.1

(421.93) 2)

(14.53) (30.69)

(1,304.8

(436.46) 1)

(12.40) (13.16)

45.87 58.68

9.56 85.68

(150.78) £

42.74 1.63

(65.00) 132.82

994.16 1,447.07

(510.65) 1(357.04)

----------------Page (9) Break----------------

HCP Plastene

Bulkpack Limited

Net Cash Flow From Financing

Activities (C) )

Increse/(Decrease) in cash

equivalants

Opening Balance of Cash and Cash

equivalants

Closing Balance of Cash and Cash

equivalants

483.51 1,090.03

(17.02) (81.96)

52.07 134.03

35.05 52.07

For HCP Plastene Bulkpack Limited

(Formerly Known as Gopala Polyplast Limited)

Prakash Parekh

Managing Director

DIN:00158264

Place: Ahmedabad

Date: 26th May, 2025

----------------Page (10) Break----------------

ASHOK DHARIWAL & CO. A-611 Ratnaakar Nine Square

CHARTERED ACCOUNTANTS Vastrapur, Ahmedabad- 15

Independent Auditor’s report on Audit of Quarterly and Annual Standalone Financial Results of

the Company Pursuant to the requirements of Regulation 33 and 52 of the SEBI (Listing Obligations

and Disclosure Requirements) Regulations, 2015, as amended

To the Board of Directors of

HCP Plastene Bulkpack Limited (Formally known as Gopala Polyplast Limited)

Report on the Audit of the Standalone Financial Results

Opinion

We have audited the accompanying statement of quarterly and year to date standalone financial

results of HCP Plastene Bulkpack Limited (the "Company") for the quarter ended March 31, 2025 and

for the year ended March 31, 2025 ("Statement"), attached herewith, being submitted by the

Company pursuant to the requirement of Regulation 33 and 52 of the SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us, the

Statement:

i. is presented in accordance with the requirements of the Listing Regulations in this regard; and

ii. gives a true and fair view in conformity with the applicable accounting standards and other

accounting principles generally accepted in India, of the net loss and other comprehensive

income and other financial information of the Company for the quarter ended March 31, 2025

and for the year ended March 31, 2025.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (“SAs”) specified under section

143(10) of the Companies Act, 2013 (“the Act”). Our responsibilities under those SAs are further

described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our

report. We are independent of the Company in accordance with the Code of Ethics issued by the

Institute of Chartered Accountants of India together with the ethical requirements that are relevant

to our audit of the financial statements under the provisions of the Act, and the Rules thereunder,

and we have fulfilled our other ethical responsibilities in accordance with these requirements and the

Code of Ethics. We believe that the audit evidence obtained by us, is sufficient and appropriate to

provide a basis for our opinion on the standalone annual financial results.

Management’s and Board of Directors’ Responsibility for the Annual Financial Results

These standalone annual financial results have been prepared on the basis of the standalone annual

financial statements.

----------------Page (11) Break----------------

The Company’s management and Board of Directors is responsible for the

preparation and presentation of these Annual Financial

Results that give a true and fair view of the net profit and other

comprehensive income and other financial information in accordance

with the recognition and measurement principles

laid down in Indian Accounting Standards prescribed under section 133 of

the Act and other accounting principles generally accepted in India, and in

compliance with Regulation 33 and 52 of the Listing

regulation. This responsibility also includes the maintenance of adequate

accounting records in accordance Wwith the provisions of the Act for safeguarding

of the assets of the Company and for preventing and detecting

frauds and other irregularities; selection and application of

appropriate accounting policies; making judgments and estimates that are

reasonable and prudent; and design, implementation

and maintenance of adequate internal financial controls, that were

operating effectively for ensuring the accuracy and completeness of the accounting

records, relevant to the preparation and presentation of the financial results

that give a true and fair view and are free

from material misstatement, whether due to fraud or

error.

In preparing the annual financial results

assessing the Company’s ability to conti

related to going concern and using the g

intends to liquidate the Company or to ¢

» Management and Board of Directors are responsible for

nue as a going concern, disclosing, as applicable, matters

oing concern basis of accounting unless management either

ease operations, or has no realistic alternative but to do so.

The Company’s Management and Board of Directors are responsible for overseeing

the Company’s financial reporting process.

Auditor’s Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the statement

as a whole is free from material misstatement, whether

due to fraud or error, and to issue an auditor’s report that

includes our opinion. Reasonable assurance is a high level of assurance, but

is not a guarantee that an audit conducted in accordance with

SAs will always detect a material misstatement when it exists.

Misstatements can arise from fraud or error and are considered material

if, individually or in the aggregate, they could reasonably be

expected to influence the economic decisions of users taken on

the basis of these financial statements.

As part of an audit in accordance with SAs, we exercise professional judgment

and maintain professional skepticism throughout the audit. We also:

¢ Identify and assess the risks of material misstatement of the financial

statements, due to fraud or error, design

and perform audit procedures responsive to those risks, and

obtain audit evidence that is sufficient and appropriate to provide a basis

for our opinion. The risk of not detecting a material misstatement

resulting from fraud is higher than for one

resulting from error, as fraud may involve collusion, fory

misrepresentations, or the override of internal control.

whether

gery, intentional omissions,

Obtain an understanding of internal control relevant to the audit in order

to design audit procedures that are appropriate

in the circumstances. Under section 143(3)(i) of the Act, we

----------------Page (12) Break----------------

are also responsible for expressing our opinion on whether the company has adequate internal

financial controls with reference to annual financial results in place and the operating

effectiveness of such controls.

Evaluate the appropriateness of accounting policies used and the reasonableness

of accounting estimates and related

disclosures made by management.

Conclude on the appropriateness of management’s use of the going concern

basis of accounting and, based

on the audit evidence obtained, whether a material uncertainty exists

related to events or conditions that may cast significant doubt on the Company’s

ability to continue as a going concern. If we conclude

that a material uncertainty exists, we are required

to draw attention in our auditor’s report to the related disclosures in the annual

financial results o, if such disclosures

are inadequate, to modify our opinion. Our conclusions are based

on the audit evidence obtained up to the date of our auditor’s report. However, future

events or conditions may cause the

Company to cease to continue as a going concern.

Evaluate the overall presentation, struct ure and content of the financial statements, including

the disclosures, and whether the annual financial results represent the underlying transactions

and events in a manner that achieves fair presentation.

Obtain sufficient appropriate audit evidence regarding the financial results of the entities

within the Group of which we are the independent auditors to express an opinion on

the Statement. We are responsible

for the direction, supervision and performance of the audit of

the financial information of such entities included in the Statement of which we are

the independent auditors.

For the other entity included in the Statement, which has been audited

by other auditor, such other auditor remains responsible for the direction, supervision

and performance of the audit carried out

by them. We remain solely responsible for our audit

opinion.

Materiality is the magnitude of misstatements in the Statement that, individually or in aggregate,

makes it probable that the economic decisions of a reasonably knowledgeable user of the

Statement may be influenced. We consider quantitative

materiality and

scope of our audit work and in evaluating the results of our worl

identified misstatements in the Statement.

qualitative factors (i) in planning the

k; and (ii) to evaluate the effect of any

We communicate with those charged with governance regarding,

scope and timing of the audit and significant audit findings, inclu

internal control with reference to annual financial results that we

among other matters, the planned

ding any significant deficiencies in

identify during our audit.

We also provide those charged with governance with a statement

relevant ethical requirements regarding independence, and to

relationships and other matters that may reasonably be thought to b

where applicable, related safeguards.

that we have complied with

communicate with them all

€ar on our independence, and

----------------Page (13) Break----------------

The standalone annual financial results include the results for the quarter ended 31* March 2025

being the balancing figure between the audited figures in respect of the full financial. year and t.he

published unaudited year to date figures up to the third quarter of the current financial year which

were subject to limited review by us.

For Ashok Dhariwal & Co.

Chartered Accountants

(Registration No. 100648W)

vi-

(CA Ashok Dhariwal)

Partner

Membership No. 036452

UDIN: 25036452BMKTGK2676

Place: Ahmedabad

Date: 26.05.2025

----------------Page (14) Break----------------

HCP Plastene

Bulkpack Limited

Statement of Audited Consolidated Profit and loss for the Year Ended 31-Mar-2025

(X in Lakh)

Quarter F‘V,L:}:e

ded ™ ended

Sr 31.03.20 31.12.20 | 31.03.20 | 31.03.20 | 31.03.20

§ Particulars 25 o 24 22 23, N i (Unaudit | (audited | (audited | (audited

(audited) o. ed) ) ) )

1} 12,2284 |11,937.3 46,3435 | 29,4555

Revenue From Operation 7 0 7,663.46 | 4 5

2 Other Income 187.74 92.63 12238 467.61 256.07

3 12,416.2 | 12,029.9 46,811.1 | 29,711.6

Total Income (1+2) 1 3 7,785.84 | 5 3

4 | Expenditure

35,028.6 | 21,219.6

3 ) Cost of Material Consumed 9,444.09 |9,425.84 | 646287 |1 1

b) Ch: in i tori f finished ooc)is W;:?:S r'z 'r';‘s’:” oftesonnInec |1 prazo) (1,5528 | (1,575.7 | (1,194.4

£09Cs. prog ) (856.54) | 6) 8) 6)

c) Employees Benefits Expenses 548.73 529.00 413.82 2,092.40 | 1,751.21

d) Finance Costs 388.88 397.23 344.91 1,461.66 | 1,173.00

e) Depreciation & amortisation Expenses | 182.44 205.61 179.52 729.21 729.71

f) Other Expenses 2,026.43 | 2,020.33 | 1,792.48 | 7,274.67 | 6,012.64

11,507.7 |11,721.4 45,010.7 | 29,691.7

Total Expenditure 8 7 7,640.75 | 6 0

5 Profit before exceptional Items and tax (3

-4) 908.43 308.46 145.09 1,800.39 | 19.92

6 | Exceptional ltems

Share of Profit / (Loss) of Joint Venture

using Equity Method 0.02 0.44 0.06 (2.59) 0.06

7} ||Profit/[Lass) before tax (5=6) 908.45 |308.90 |145.15 |1,797.80 | 19.99

8 | TaxExpenses :

a) Current Tax 131.83 48.19 35.31 278.93 85.92

b) Tax for Earlier Years 1.80 - = 1.80 (0.01)

b ) Deffered Tax (Income)/Expense 89.07 41.08 (11.19) 184.15 (87.73)

----------------Page (15) Break----------------

HCP Plastene

Bulkpack Limited

Profit (Loss) for the period from

continuing operations (7-8) 685.75 219.63 121.03 1,332.91 30.81

Profit (Loss) from discontinuing operations

before tax .

Taxexpense of discontinuing operations

Profit/(loss) from Discontinuing operations

(after tax) (10-11)

Profit / (Loss) for the period (9+12)

685.75 1,332.91

AR|WR[(NR

ROR

Other Comprehensive Income

Items that will not be reclassified

subsequently to profit or loss

Remeasurement gain / (loss) of Defined

Benefit Plan

Income tax related to Remeasurement

gain / (loss) of Defined Benefit Plan

Net change (Loss)/Gain in fair Value of

investment in Equity instruments

Income tax related to Net change in fair Value of investment in Equity instruments

Items that will be reclassified subsequently

to profit or (loss)

Income tax relating to items that will be

reclassified to profit or (loss)

Other Comprehensive Income, net of tax

(20.88)

(5.78)

145

(22.13)

5.57

8.91

2333

(2.50)

(15.94)

4.01

9.05

Total Comprehensive Income for the

period (13+14) 224.52 1,341.96 39.72

Net Profit Attributable to :

a) Owners of the Company 503.82 149.58 55.72 962.56 (118.67)

b) Non-Controlling Interest

182.10 67.73 65.31 370.54 149.48

Other Comprehensive Income attributable

to:

a) Owners of the Company (10.72) 11.99 12.92 4.64 11.10

b) Non-Controlling Interest (10.16)

1137 2.90 4.40 (2.19)

Total comprehensive income

attributable to:

a) Owners of the Company 493.10 161.56 68.63 967.20 (107.56)

b) Non-Controlling Interest 171.94 79.10 68.21 374.93 147.28

Paid-up Equity Shares Capital (Face Value

Per Share Rs 10/-) 1067 48 1067 48 1067.48 1067 48 1067 48

k(N Other Equity excluding revaluation reserve

----------------Page (16) Break----------------

HCP Plastene

Bulkpack Limited

1 | Earnings Per equity Share (face value Of Rs

9 | 10/- Each)

(for Continuing Operations )

(a) Basic 6.23 2.10 1.28 12.57 037

(b) Diluted 6.18 2.09 1.27 12.49 037

Earnings Per equity Share (face value OfRs

0 | 10/- Each)

(for discontining Operations )

(a) Basic - - = = -

(b) Diluted - - - - -

2 | Earnings Per equity Share (face value OfRs

1 | 10/- Each)

(for Continuing & discontining Operations )

(a) Basic 6.23 2.10 1.28 12.57 037

(b) Diluted 6.18 2.09 127 12.49 037

# CIN: L25200GJ1984PLC050560

Bulkpack Limited Tfo@hpb!

H.B.Jirawala House, 13, Navprabharat Society, Usmanpura, Ahmedabad, Gujarat, India - 380013 31792756100

----------------Page (17) Break----------------

HCP Plastene

Bulkpack Limited

Statement of Audited Consolidated Assets and Liabi es as on 31st March, 2025

(X in Lakhs)

STATEMENT OF ASSETS AND LIABILITIES

PARTICULARS Asat 31.03.25 | Asat31.03.24

(Unaudited) (Audited)

ASSETS

1. Non-current assets

(a) Property, plant and equipment 7,066.91 7,653.06

(b) Right-of-use Assets - -

(b) Capital Work in Progress 9.59 111.21

(d) Financial assets

(i) Non-Current Investments 52.44 44.57

(ii) Long-term Fixed Deposit with Bank - -

(ii) Other Financial Assets 116.41 219.79

(e) Deferred tax assets (Net) 2,418.18 2,602.33

(f) Other non-current assets 672.93 823.67

Total non-current assets 10,547.85 11,718.89

Il Current assets

(a) Inventories 5,623.60 3,570.77

(b) Financial assets

(i) Current investments - 8.29

(ii) Trade and other receivables 9,005.94 5,645.47

(iii) Cash and cash equivalents 77.89 71.95

(iv) short term loans and advances 1,482.20 1,200.09

Total current assets 17,076.99 11,553.08

Total Assets 27,624.85 23,271.97

Equity and Liabilities

1. Equity

(a) Equity Share capital 1,067.48 1,067.48

(b) Other equity 4,889.67 3,884.36

Total equity attributable to equity holders of the Company 5,957.15 4,951.84

Total equity 7,916.37 6,536.12

I1. Liabilities

(A) Non-current liabilities

(a)Financial liabilities

(i)Long term borrowings 3,243.48 4,758.75

(ii)Lease Liabilities 0.00 0.00

(b)Long term provisions 354.07 12041

(C)other non-current liabilities 0.00 0.00

Total non-current liabilities 3,597.55 4,879.16

----------------Page (18) Break----------------

HCP Plastene

Bulkpack Limited

(a)Financial liabilities

(i)current Borrowings 15,779.18 11,030.81

(ii)Current Lease Liabilities 0.00 0.00

(i) Trade and other‘payables

- Due to Micro and Small Enterprise 68.06 31.74

- Due to Others -151.79 324.95

(iii)Other Financial Liabilities 0.00 0.00

(b)Other current liabilities 413.86 464.62

(c)short-term provisions 1.64 455

Total current liabil 16,110.95 11,856.67

Total Liabilities 19,708.51 16,735.83

Total Equity and Liabill 27,624.88 23,271.95

For HCP Plastene Bulkpack Limited

(Formerly Known as Gopala Polyplast Limited)

Prakash Parekh Place: Ahmedabad

Managing Director

DIN:00158264

Date: 26th May, 2025

----------------Page (19) Break----------------

HCP Plastene

Bulkpack Limited

Audited Consolidated Segment information for the Quarter ended and Year ended 31st March

2025

(X in Lakhs)

Quarter F‘;'e::'e

ded i ended

3 31.03.202 31‘:2'20 31‘2:'20 31.03.20 | 31.03.20 i Particulars 5 (Unaudit | (audited 25 24

. (audited) ed) ) (audited) | (audited)

1 | Segment Revenue

46,093.7 | 29,210.2

Woven Sacks Division 12,165.27 | 11,883.38 | 7,594.96 | 2 8

Label Division 63.20 53.92 68.50 24982 245.28

11,937.3 46,3435 | 29,455.5

Total 12,22847 | 0 7,663.46 | 4 5

Less :

Inter Segment Revenue - - - - -

11,937.3 46,3435 | 29,455.5

Net Sales/ Income from Operations 12,228.47 | 0 7,663.46 | 4 5

2 | Segment Results

Profit before Interest, & Tax

(Including Extra Ordinary Items)

Woven Sacks Division 1,285.20 698.62 486.68 3,214.24 | 1,170.66

Label Division 12.10 7.08 3.32 47.82 22.25

Total 1,297.30 705.70 490.00 3,262.06 | 1,192.91

Less :

i Interest 388.88 397.23 344.91 1,461.66 | 1,173.00

Profit before Tax 908.42 308.47 145.09 1,800.40 | 19.91

Add: Share of Profit/(Loss) of Joint

ii. | Venture using Equity Method 0.02 0.44 24.12 (2.59) 0.06

i Less: Provision for Tax / Deffered

.| Tax(Income)/Expense (707.06) 89.27 15.81 (464.88) | (10.82)

iv Other Comprehensive / unallocable

Income (20.88) 4.89 9.05 8.91

Net Profit 1,594.62 224.53 136.78 1,341.97 | 39.70

3 | Segment Assets

19,0454 | 23,184.2 | 19,045.4

(a) Woven Sacks Division 23,184.23 | 21,393.59 | 3 3 2

----------------Page (20) Break----------------

HCP Plastene

Bulkpack Limited

( b ) Label Division

4 | Segment Liabilities

(a) Woven Sacks Division

( b)) Label Division

306.45 32853 [299.34 | 30645 |299.34

413419 | 4,486.00 |3,927.20 | 4,134.19 | 3,927.20

26,208.1 | 23,2719 | 27,624.8 | 23,2719

27,624.88 | 2 6 8 6

11,7977 | 19,453.9 | 11,797.7

19,453.97 | 12,773.07 | 3 7 2

122.44 5.67 9.27 12244 | 927

132.09 6,186.98 | 4,928.84 | 13209 | 4,928.84

18,965.7 | 16,7358 | 19,7085 | 16,735.8

19,70851 | 2 4 1 3

Notes: --

The Audit Committee has reviewed, and the Board of Directors has approved the above results and its release at

their respective meetings held on 26th May, 2025

The Company is operating mainly two segment i.e Woven Sack Division and Woven Label Division.

The figures for the corresponding previous quarter / year have been regrouped / reclassified whenever

necessary, to make them Comparable.

For HCP Plastene Bulkpack Limited

(Formerly Known as Gopala Polyplast

Limited)

Prakash Parekh

Managing Director

DIN:00158264

Place: Ahmedabad

Date: 26th May, 2025

----------------Page (21) Break----------------

HCP Plastene

Bulkpack Limited

Audited Consolidated Cash Flow Statement for the year ended 31st March, 2025

(X in Lakhs)

Particulars

For the year ended

31st

March, 2025

For the

year

ended

31st

March-

2024.

CASHFLOW FROM OPERATING

ACTIVITIES

Net Profit before Tax ( PBT Less: Non-

Controlling Interest)

Adjustment for :

Depreciation

Other Comprehensive Income

Bad Debts

Interest and Other Borrowing Cost

Interest Income

Insurance Claim Received

Impairment of assets

Exceptional Items

Balance Written Off

(Profit)/Loss on sale of

Investment/Mark to Mark Gain

(Profit)/Loss Due to Sale of Fixed

Assets

Provision for ESOP

(Profit)/Loss Due to Foreign Exchange

Short Provision for Tax pertaining to

earlier years

Operating Profit before Working

Capital Changes

Adjustment For :

1,800.38

729.21

13.37

1,462.96

(22.08)

150.78

(42.74)

(18.52)

38.17

19.91

729.71

1,161.10

(94.49)

(1.63)

4.52

49.63

2311.14 1,848.84

4,111.52 ¢ 1,868.76

----------------Page (22) Break----------------

w—~

HCP Plastene

Bulkpack Limited

Trade receivables & Other Current &

Non-Current Assets

Inventories

Trade Payables, Other Current

Liabilities & Provision

Cash generated from operations

Taxes Paid

Net Cash From Operating Activities (A)

CASHFLOW FROM INVESTING

ACTIVITIES

Purchase of Property, Plant &

Equipments

Sales of Property, Plant & Equipments

Interest Income

(Profit)/Loss on Sale of Fixed Assets

Exceptional Items

(Purchase) / Sale of Investment (Net) /

Mark to Mark G/L

Net Cash used in Investing Activities

(B)

CASHFLOW FROM FINANCING

ACTIVITIES

Proceeds from Share Capital & reserv

Proceeds from Capital reserve

Proceeds from Non-Controlling

Interest

Proceeds from Short term borrowing

(4,002.71) (2,785.75)

(2,052.83) (840.29)

26.13 (199.09)

(6,029.42 (3,825.12

) )

(1,917.90 (1,956.37

) )

73.84 (223.84)

(1,844.06 (2,180.21

) )

(38.75) (433.30)

72.35 62.04

22.08 94.49

(150.78) -

42.74 1.63

(52.35) (275.14)

4,748.37 2,757.64

----------------Page (23) Break----------------

HCP Plastene

Bulkpack Limited

Proceeds from Long term borrowing

(Net of repayments) (1,515.26)

Interest and Other Borrowing Cost (1,462.96)

794.24

(1,161.10)

Proposed Dividend & Dividend Tax -

Net Cash Flow From Financing

Activities (C)

Increse/(Decrease) in cash equivalants

Opening Balance of Cash and Cash

equivalants

Closing Balance of Cash and Cash

equivalants

1,770.15 2,390.77

5.94 (64.58)

7195 136.53

77.89 71.95

For HCP Plastene Bulkpack Limited

(Formerly Known as Gopala Polyplast Limited)

Prakash Parekh

Managing Director

DIN:00158264

Place: Ahmedabad

Date: 26th May, 2025

----------------Page (24) Break----------------

ASHOK DHARIWAL & CO. A-611 Ratnaakar Nine Square

CHARTERED ACCOUNTANTS Vastrapur, Ahmedabad- 15

Independent Auditor's Report on the Quarterly and Year to Date Consolidated Financial Results of

the Company Pursuant to the Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015, as amended

To the Board of Directors of

HCP Plastene Bulkpack Limited (Formerly known as Gopala Polyplast Limited)

Report on the Audit of the Consolidated Financial Results

Opinion

We have audited the accompanying statement of quarterly and year to date consolidated financial

results of HCP Plastene Bulkpack Limited ("Holding Company”) and its subsidiary (the Holding

Company and its subsidiary together referred to as "the Group"), for the quarter ended March 31,

2025 and for the year ended March 31, 2025 ("'Statement"), attached herewith, being submitted by

the Holding Company pursuant to the requirement of Regulation 33 and 52 of the SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations")

In our opinion and to the best of our information and according to the explanations given to us and

based on the consideration of the report of the other auditor on separate audited financial statement

of the subsidiary, the Statement:

a) includes the result of K.P. Woven Private Limited

b) are presented in accordance with the requirements of the Listing Regulations in this regard; and

c) gives a true and fair view in conformity with the applicable accounting standards, and other

accounting principles generally accepted in India, of the consolidated net profit and other

comprehensive income and other financial information of the Group for the quarter ended

March 31, 2025 and for the year ended March 31, 2025,