Integrated Filing — IndAS



General information about company

Scrip Code 543242
NSE Symbol HEMIPROP
MSEI Symbol NOTLISTED
ISIN INE0AJG01018
Name of company Hemisphere Properties India 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 20-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 11-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Reality
Start date and time of board meeting 20-05-2026   14:30:00
End date and time of board meeting 20-05-2026   16:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(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 NA
(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. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(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? Yes
Latest Date on which RPT policy is updated 28-05-2024
Indicate Company website link for updated RPT policy of the Company https://www.hpil.co.in/policies/
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
The Company has not defaulted in loans and debt Securities



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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 25.51 99.24
Other income 63.53 405.65
Total income 89.04 504.89
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 9.48 43.52
(e) Finance costs 233.78 800.56
(f) Depreciation, depletion and amortisation expense 3.45 14.03
(f) Other Expenses
1 Property Tax 157.82 661.41
2 Security Charges 38.66 160.67
3 Legal & Professional Charges 32.21 82.97
4 Registrar and Transfer Agent Fees 5.05 24.05
5 Depository Fees 4.16 17.31
6 Stock Exchange Fee 1.91 7.66
7 Other Expenses 10.41 50.23
Total other expenses 250.22 1,004.30
Total expenses 496.93 1,862.41
3 Total profit before exceptional items and tax (407.89) (1,357.52)
4 Exceptional items 0.00 0.00
5 Total profit before tax (407.89) (1,357.52)
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax (235.51) (235.51)
9 Total tax expenses (235.51) (235.51)
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 (172.38) (1,122.01)
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 (172.38) (1,122.01)
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period (172.38) (1,122.01)
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 28,500.00 28,500.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 0.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.06 -0.39
Diluted earnings (loss) per share from continuing operations -0.06 -0.39
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 -0.06 -0.39
Diluted earnings (loss) per share from continuing and discontinued operations -0.06 -0.39
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 to the financial statement as on March 31, 2026 1. The above financial results of the Company for the financial year ended March 31, 2026 were taken on record and approved by the Board of Directors at their meeting held on May 20, 2026. These results have been reviewed by the Audit Committee and audited by Statutory Auditors 2. The figures of the quarters ended March 31, 2026 and March 31, 2025 are the balancing figures between the audited figures in respect of the full financial year and the published figures of nine months ended December 31, 2025 and December 31, 2024 respectively, which were subjected to limited review by the Statutory Auditors. 3. The financial statements are prepared in compliance with Indian Accounting Standards, Ind-AS prescribed under Section 133 of the Companies Act, 2013 read with relevant rules thereunder and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) and SEBI circular dated 5th July 2016. 4. During the quarter ended on 31.03.2026, the Company has floated the Request for Proposal (RFP) for sale of land parcel situated at Village Bopkhel, Pune, Maharashtra – 411031 on 18.02.2026. The e-auction was conducted successfully on 12.05.2026. 5. As per Ind AS 40, land parcels were classified as Investment Property and valuation has been done on cost model. As per clause 3.2 of Scheme of Arrangement and Reconstruction, upon the scheme becoming effective, all the assets and liabilities pertaining to the surplus land stand transferred to and vested in the Transferee Company at their respective book values as appearing in the books of Transferor Company. Therefore, the value of the land has been taken as the book value of the land in the audited balance sheet of Tata Communications Limited for the FY 2019-20 and onwards. As per Ind-AS 40 and Ind-AS 113, the fair value of Investment property was carried out by the IBBI registered Valuer during F.Y. 2023-24. No fair valuation has been carried out in the current financial year, as there have been no significant changes in the condition, usage, or circumstances of the property.. Accordingly, the same valuation is considered for FY 2025-26. The fair value of all the land parcels has been assessed at Rs10588.86 lakhs. Accordingly, the fair value disclosures of each investment property as per Ind-AS 113 are as follows:- S.No. Investment Properties Valuation Technique Fair Value ( in Rs Lakhs) 1 Padianullar, Chennai (53.04 acres) Discounted Cashflow Technique 42,555.00 2 Halisahar, Kolkata (35.19 acres) Discounted Cashflow Technique 9,268.00 3 Pune (435.73 acres) Land using Comparable Approach, Building using Depreciated Replacement Cost Approach 2,03,889.00 4 Greater Kailash, New Delhi (69.46 acres) Discounted Cashflow Technique 7,30,093.00 5 Chattarpur, New Delhi (58 acres) Discounted Cashflow Technique 73,081.00 Grand Total 10,58,886.00 6. The Company is engaged in the business of Real Estate. In the context of IndAs 108 on ‘Segment Reporting’, the results are considered to constitute a single reportable primary / business segment. 7. Comparative figures have been regrouped / re-casted/ rearranged wherever deemed necessary to confirm to current period classification/disclosures. For Hemisphere Properties India Limited Place : New Delhi D Thara Date :May 20, 2026 (Chairperson & Managing Director) DIN: 01911714



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 0.58
Capital work-in-progress
Investment property 66,561.67
Goodwill 28,194.15
Other intangible assets 0.00
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets
Total of other non-current financial assets
Total non-current financial assets 0.00
Deferred tax assets (net) 1,479.76
Other non-current assets
Total of other non-current assets
Total non-current assets 96,236.16
2 Current assets
Inventories 13,055.84
Current financial asset
Current investments 0.00
Trade receivables, current 15.52
Cash and cash equivalents 2,503.55
Bank balance other than cash and cash equivalents 9.07
Loans, current 0.00
Other current financial assets
Total of other current financial assets 3,008.30
Total current financial assets 5,536.44
Current tax assets (net) 50.41
Other current assets
1 Other current assets 1,405.68
Total of other current assets 1,405.68
Total current assets 20,048.37
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 1,16,284.53
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 28,500.00
Other equity 14,871.17
Total equity attributable to owners of parent 43,371.17
Non controlling interest
Total equity 43,371.17
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 2,100.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Other non-current financial liabilities 6,136.66
Total of other non-current financial liabilities 6,136.66
Total non-current financial liabilities 8,236.66
Provisions, non-current 0.00
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 8,236.66
Current liabilities
Current financial liabilities
Borrowings, current 500.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 2.06
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 118.63
Total Trade payable 120.69
Other current financial liabilities
1 Other current financial liabilities 64,041.59
Total of other current financial liabilities 64,041.59
Total current financial liabilities 64,662.28
Other current liabilities 4.34
1 Other current liabilities 4.34
Total of other current liabilities 4.34
Provisions, current 10.08
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 64,676.70
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 72,913.36
Total equity and liabilites 1,16,284.53
Disclosure of notes on assets and liabilities



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 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
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



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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
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
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
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
5 Total Other comprehensive income



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax (1,357.52)
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0.00
Adjustments for decrease (increase) in inventories (13,055.66)
Adjustments for decrease (increase) in trade receivables, current (9.15)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (1,108.51)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 16.69
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (5.98)
Adjustments for increase (decrease) in other non-current liabilities (93.06)
Adjustments for depreciation and amortisation expense 14.03
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (0.54)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income (1.84)
Adjustments for interest income 353.38
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 798.73
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (13,794.99)
Net cash flows from (used in) operations (15,152.51)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) (9.33)
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (15,143.18)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 0.00
Proceeds from sales of investment property (43.79)
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 318.42
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 5,878.98
Net cash flows from (used in) investing activities 6,153.61
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 7,500.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 600.00
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (410.83)
Net cash flows from (used in) financing activities 6,489.17
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (2,500.40)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (2,500.40)
Cash and cash equivalents cash flow statement at beginning of period 5,003.95
Cash and cash equivalents cash flow statement at end of period 2,503.55





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Aggarwal and Rampal Yes 31-08-2027


Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Hemisphere Properties India Ltd G.R. KANAKAVIDU INDEPENDENT DIRECTOR Any other transaction Sitting fee 0.00 NA 0.00 28-05-2025 0.70 0.00 0.00
2 Hemisphere Properties India Ltd BHAVESH SINGLA KEY MANAGEMENT PERSONNEL OF ENTITY Remuneration 0.00 NA 0.00 12-02-2025 7.18 1.13 1.09
3 Hemisphere Properties India Ltd LUBNA KEY MANAGEMENT PERSONNEL OF ENTITY Remuneration 0.00 NA 0.00 12-02-2025 7.18 1.13 1.09
4 Hemisphere Properties India Ltd CENTRAL PUBLIC WORKS DEPARTMENT GOVERNMENT OWNED ENTITY Purchase of goods or services 668.00 No remarks 668.00 12-02-2025 120.72 74.85 148.44
Total value of transaction during the reporting period 135.78