Integrated Filing — IndAS



General information about company

Scrip Code 509675
NSE Symbol BIRLANU
MSEI Symbol NOTLISTED
ISIN INE557A01011
Name of company BIRLANU LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 13-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 10-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third 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 Unaudited
Segment Reporting Single segment
Description of single segment manufacturing
Start date and time of board meeting 13-02-2026   18:00:00
End date and time of board meeting 13-02-2026   19:00:00
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 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
Not Applicable



Financial Results Ind-AS

Amount in (Lakhs)

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 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 52,949.00 1,73,588.00
Other income 3,059.00 6,810.00
Total income 56,008.00 1,80,398.00
2 Expenses
(a) Cost of materials consumed 27,663.00 85,239.00
(b) Purchases of stock-in-trade 4,920.00 14,718.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,186.00) 6,174.00
(d) Employee benefit expense 5,616.00 16,334.00
(e) Finance costs 742.00 1,793.00
(f) Depreciation, depletion and amortisation expense 1,756.00 5,182.00
(f) Other Expenses
1 Other Expenses 15,511.00 46,673.00
Total other expenses 15,511.00 46,673.00
Total expenses 55,022.00 1,76,113.00
3 Total profit before exceptional items and tax 986.00 4,285.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 986.00 4,285.00
6 Tax expense
7 Current tax (65.00) 1,248.00
8 Deferred tax (62.00) (540.00)
9 Total tax expenses (127.00) 708.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 1,113.00 3,577.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 1,113.00 3,577.00
17 Other comprehensive income net of taxes 24.00 36.00
18 Total Comprehensive Income for the period 1,137.00 3,613.00
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 757.00 757.00
Face value of equity share capital 10 10
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 14.76 47.43
Diluted earnings (loss) per share from continuing operations 14.76 47.43
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 14.76 47.43
Diluted earnings (loss) per share from continuing and discontinued operations 14.76 47.43
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes: 1.The financial results of BirlaNu Limited (formerly HIL Limited) (the Company) have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with the relevant rules thereunder and in terms of Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2.The above results for the quarter and nine months ended 31 December 2025 were reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on 13 February 2026. The statutory auditors have expressed an unmodified review opinion on these results. 3.Where financial results contain both consolidated and standalone financial results of the parent, segment information is required to be presented only in the consolidated financial results. Accordingly, segment information has been presented in the consolidated financial results. 4.Certain assets of the Company classified under Assets held for sale category have been sold during the nine months ended 31 December 2024 and the year ended 31 March 2025. Profit arising on such sale amounting INR 8189 Lakhs is presented as an exceptional item in the above results. 5.During the earlier years, the Company received demands from Goods and Services Tax Department, Government of Tamil Nadu, Chennai amounting to INR 7630 Lakhs for the period 01 July 2017 to 31 March 2023, with regards to HSN (Harmonized System Nomenclature) Classification code of one of the products sold by the Company. The Company challenged the said Orders by filing Appeals before Deputy Commissioner (Appeals), Chennai. Aggrieved by the order of the Appellate Authority confirming the demand, the Company had challenged the said Orders in the Honourable High Court of Madras by filing writ petition. During the quarter ended 30 September 2025, the Company has received a favourable order from Honourable High Court directing to quash the impugned orders. 6.On 07 November 2025, the Company had entered into a Share purchase agreement (SPA) with shareholders of Clean Coats Private Limited (‘Clean Coats’) for purchase of theshares of Clean Coats. Post completion of the agreed closing conditions, the Company obtained control over the Clean Coats and consolidated in its books of account effective 11 November 2025 at a total purchase consideration of INR 11,322 lakhs. The Company has carried out a preliminary purchase price allocation between goodwill, tangible assets, intangible assets and other working capital balances taken over. These initial estimates will be finalized over a period not exceeding twelve-months as allowed under Ind AS. Consequent to the acquisition, the business of Clean Coats has been reported under pipes and construction chemicals segment of the Group. 7.Other income for the quarter and nine months period ended 31 December 2025 includes dividend received from the subsidiary company i.e., Clean Coats Private Limited amounting to INR 1673 lakhs.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

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 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) 8.On 21 November 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Company has assessed and accounted the incremental impact of these changes of INR 382 lakhs during the quarter ended 31 December 2025 based on the information to the extent available, in accordance with the guidance provided by the Institute of Chartered Accountants of India. The Company continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed. 9.Pursuant to Sections 230 and 233 and all other applicable provisions of the Companies Act, 2013, as per the provisions of the Memorandum of Association and Articles of Association and after obtaining the approvals from the Board of Directors and subject to the requisite approval of the shareholders / creditors of the respective Companies, Crestia Polytech Private Limited, Aditya Poly Industries Private Limited, Aditya Polytechnic Private Limited, Prabhu Sainath Polymers Private Limited, and Topline Industries Private Limited (hereinafter referred to as the ‘Transferor Companies’), and BirlaNu Limited (formerly known as ‘HIL Limited’) (hereinafter referred to as the ‘Transferee Company’) have filed the necessary ‘Company Applications’ seeking approval of the Scheme of Amalgamation of the Transferor Companies with the Transferee Company before the Hon’ble National Company Law Tribunal (‘NCLT’), the Kolkata Bench and the Hyderabad Bench. Hon’ble NCLT, Kolkata bench, through its order dated 23 July 2025 dispensed with the requirement of holding shareholders and creditors meeting. As part of further merger process, the Transferor Company had filed Company petition on 12 August 2025 and the same was admitted by the Hon’ble NCLT, Kolkata Bench. Further, to expedite the Merger process, the Transferee Company filed an application to transfer the merger application from Hyderabad bench to Kolkata bench before Hon’ble NCLT, Principal Bench, New Delhi on 19 August 2025. The same has been approved and the Transferee Company’s application is pending before Hon’ble NCLT, Kolkata bench along with Transferor Companies. The hearing on the said matter has taken place and now the matter is reserved for order. 10. The Company in financial year 1979-80 had invested in Supercor Industries Limited, Nigeria (Supercor). Supercor suspended its operations from November 2015 and closed its offices because of which it has not prepared any financial statements since then. Therefore, the Company has been unable to incorporate the requisite financial information, if any, of Supercor in its consolidated financial statements as required under Section 129(3) of the Companies Act, 2013 and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company’s investment in Supercor as at the reporting periods presented amounts to INR NIL, after considering the provision for diminution in value of investments amounting to INR 143 lakhs. On the basis of the request filed by the Company in earlier years, an intimation was received from Reserve Bank of India for suspension of the Unique Identification Number allotted to Supercor. 11.The Board of Directors of the Company, at their meeting held on 13 February 2026, have approved a scheme of amalgamation ('Scheme') of wholly owned subsidiary of BirlaNu Limited i.e., Clean Coats Private Limited (referred to as the Transferor Company) with the Company, wherein the Transferor Company is proposed to be amalgamated with the Company from an appointed date of 11 November 2025 subject to seeking necessary approvals from the shareholders and the concerned regulators in respect of the Scheme. 12.The Board of Directors in the meeting held on 13 February 2026, provided an in-principal approval to sell certain assets of the Company having written down value of INR 2542 Lakhs as on 31 December 2025. 13.The financial results of the following subsidiaries and step-down subsidiaries and Joint venture of the Company are included in the consolidated financial results for the quarter and nine months period ended 31 December 2025: S.No Name of the entity Country Relationship 1 BirlaNu International GmbH (formerly HIL International Limited) Germany Wholly owned Subsidiary 2 Parador Holding GmbH Germany Step-down Subsidiary 3 Parador GmbH Germany Step-down Subsidiary 4 Parador Parkettwerke GmbH Austria Step-down Subsidiary 5 Parador UK Limited United Kingdom Step-down Subsidiary 6 Pardor INC.(Incorporated on 24 January 2025) United States of America Step-down Subsidiary 7 Parador (Shanghai) Trading Co., Ltd. China Joint Venture 8 Crestia Polytech Private Limited India Wholly owned Subsidiary 9 Topline Industries Private Limited India Step-down Subsidiary 10 Aditya Polytechnic Private Limited India Step-down Subsidiary 11 Prabhu Sainath Polymers Private Limited India Step-down Subsidiary 12 Aditya Poly Industries Private Limited India Step-down Subsidiary 13 Clean Coats Private Limited (w.e.f 11 November 2025) India Wholly owned Subsidiary



Other Comprehensive Income

Amount in (Lakhs)

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 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Reameasurements of defined benefit assets 32.00 48.00
Total Amount of items that will not be reclassified to profit and loss 32.00 48.00
2 Income tax relating to items that will not be reclassified to profit or loss 8.00 12.00
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 0.00 0.00
5 Total Other comprehensive income 24.00 36.00