Integrated Filing — IndAS



General information about company
Scrip Code 500184
NSE Symbol HSCL
MSEI Symbol NA
ISIN INE019C01026
Name of company Himadri Speciality Chemical Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 15-Jul-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 08-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 15-Jul-2025   12:00:00
End date and time of board meeting 15-Jul-2025   14:05:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no default in the payment of outstanding Loans / revolving facilities, Unlisted debt securities.



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 11004200000
Other income 276000000
Total income 11280200000
2 Expenses
(a) Cost of materials consumed 7248200000
(b) Purchases of stock-in-trade 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -207700000
(d) Employee benefit expense 337300000
(e) Finance costs 143700000
(f) Depreciation, depletion and amortisation expense 129000000
(f) Other Expenses
1 Other Expenses 1188700000 1188700000
Total other expenses 1188700000
Total expenses 8839200000
3 Total profit before exceptional items and tax 2441000000
4 Exceptional items 0
5 Total profit before tax 2441000000
6 Tax expense
7 Current tax 603900000
8 Deferred tax 11400000
9 Total tax expenses 615300000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 1825700000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 1825700000
17 Other comprehensive income net of taxes 15600000
18 Total Comprehensive Income for the period 1841300000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 493800000
Face value of equity share capital 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 3.7
Diluted earnings (loss) per share from continuing operations 3.67
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.7
Diluted earnings (loss) per share from continuing and discontinued operations 3.67
24 Debt equity ratio 0.0021
25 Debt service coverage ratio 0.1342
26 Interest service coverage ratio 0.1888
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 2.The above unaudited standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on 15 July 2025. A Limited Review of these standalone financial results for the quarter ended 30 June 2025 has been carried out by the Statutory Auditors, as required under Regulation 33 of SEBI (LODR) Regulations, 2015. n n n3. Other expenses includes foreign exchange fluctuation loss/ (gain) (net) of Rs (9.80) crores for the quarter ended 30 June 2025, Rs (2.27) crores for the quarter ended 31 March 2025, Rs (4.31) crores for the quarter ended 30 June 2024 and Rs (7.47) crores for the year ended 31 March 2025. nFinance cost includes exchange difference regarded as an adjustment to borrowing costs in accordance with Ind AS 23, of Re Nil for the quarter ended 30 June 2025, of Re 0.23 crore for the quarter ended 31 March 2025, Re Nil for the quarter ended 30 June 2024 and Rs 2.10 crores for the year ended 31 March 2025. n n4. Based on the guiding principles given in Ind AS 108 on 'Operating Segments', the Company's business activity falls within two operating segments, namely: n (a) Carbon materials and chemicals, and n (b) Power n n5. The standalone figures for the three months ended 31 March 2025 as reported in these standalone financial results are the balancing figures between audited figures in respect of the full financial year and the published year to date standalone figures up to the end of the nine months of the relevant financial year. Also the standalone figures up to the third quarter had only been reviewed and not subjected to audit. n n6. Effective 01 April 2025 the Company has migrated to the Lower Tax Regime as prescribed under section 115BAA of the Income Tax Act 1961, introduced by the Taxation Laws (Amendment) Act, 2019. The Company had during the previous year, re-assessed the carrying value of deferred tax assets/ Liability and took a reversal of deferred tax liability of Rs 3.01 Crores during the quarter and year ended 31 March 2025 on account of deferred tax to be reversed during lower tax regime. The Company had also charged to deferred tax liability, unutilised MAT of Rs 3.57 Crores during the quarter and year ended 31 March 2025 as the same is not eligible to be set off during lower tax Regime. n n7. During the quarter ended 30 June 2025, the Company has issued commercial papers which were listed on the BSE pursuant to SEBI Master Circular No SEBIIHOIDDHS/PoDUP/CIR/2024154 dated 22 May 2024. n n8. Earnings per share is not annualised for the quarter ended 30 June 2025, 31 March 2025 and 30 June 2024. n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Carbon materials and chemicals 10949800000 10949800000
2 Power 255400000 255400000
Total Segment Revenue 11205200000
Less: Inter segment revenue 201000000 201000000
Revenue from operations 11004200000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Carbon materials and chemicals 1989300000 1989300000
2 Power 221400000 221400000
Total Profit before tax 2210700000
i. Finance cost 143700000 143700000
ii. Other Unallocable Expenditure net off Unallocable income -374000000 -374000000
Profit before tax 2441000000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Carbon materials and chemicals 34443400000 34443400000
2 Power 1029000000 1029000000
Total Segment Asset 35472400000 35472400000
Un-allocable Assets 15972100000 15972100000
Net Segment Asset 51444500000 51444500000
4 Segment Liabilities
Segment Liabilities
1 Carbon materials and chemicals 2577700000 2577700000
2 Power 5000000 5000000
Total Segment Liabilities 2582700000 2582700000
Un-allocable Liabilities 10832100000 10832100000
Net Segment Liabilities 13414800000 13414800000
Disclosure of notes on segments Textual Information(2)



Text Block
Textual Information(2) Other unallocable expenses net of unallocable income includes other income, foreign exchange loss/ (gain) (net), and exceptional items fully unallocable n nNote n(1) Additional information pursuant to Regulation 52(4) of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations. 2015, as amended for Unaudited Standalone Financial Results as at and for the Quarter Ended on 30 June 2025 n n Three months ended 30.06.2025 n na) Debt-Equity Ratio (in times) : 0.21 nb) Debt Service Coverage Ratio (in times) 13.42 nc) Interest Service Coverage Ratio (in times) 18.88 nd) Current Ratio (in times) 2.25 ne) Long Term Debt to Working Capital Ratio 0.00 n(in times) nf) Bad Debts to Account Receivable Ratio 0.00 n (in times)* ng) Current Liability Ratio (in times) 0.79 nh) Total Debts to Total Assets Ratio (in times) 0.15 ni) Debtors Turnover (in times) * 1.67 nj)Inventory Turnover (in times) * 1.07 nk) Operating Margin (%) 21.26% nl) Net Profit Margin (%) 16.59% nm) Outstanding Redeemable Preference Shares Nil n (Quantity) nn) Outstanding Redeemable Preference Shares Nil n(Value) n0) Capital Redemption Reserve (Rs. in Crores) Nil np) Debenture Redemption Reserve (Rs. in Crores) Nil nq) Net Worth (Rs. in Crores) 3802.97 n nr) Net Profit After Tax (Rs. in Crores) 182.57 n n ns) Earnings Per Share (Face Value of Re. 1 each) n Basic 3.70 n Diluted 3.67 n n1.The Company has issued 2,000 units of Commercial Paper of face value of Rs. 5,00,000/- each aggregating to Rs 100 Crores at a discount rate of 6.75% p.a., due for redemption on 28 August 2025. The credit rating assigned for the Commercial Paper by ICRA is A1+. n2. The Company has issued 4,000 units of Commercial Paper of face value of Rs. 5,00,000/- each aggregating to Rs 200 Crores at a discount rate of 6.30% p.a., due for redemption on 25 September 2025. The credit rating assigned for the Commercial Paper by ICRA is A1+. n n



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of the net defined benefit plan -500000 -500000
2 Net gain/ (loss) on investment in equity instruments accounted at fair value 14700000 14700000
Total Amount of items that will not be reclassified to profit and loss 14200000
2 Income tax relating to items that will not be reclassified to profit or loss -1400000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0
5 Total Other comprehensive income 15600000