| Scrip Code | 500185 |
|---|---|
| NSE Symbol | HCC |
| MSEI Symbol | NOTLISTED |
| ISIN | INE549A01026 |
| Name of company | HINDUSTAN CONSTRUCTION COMPANY LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 06-08-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 29-07-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Consolidated |
| 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 | Single segment |
| Description of single segment | Engineering and Construction |
| Start date and time of board meeting | 06-08-2026 13:30:00 |
| End date and time of board meeting | 06-08-2026 16:10:00 |
| 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 |
| 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 | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 99,342.00 | 99,342.00 | |
| Other income | 6,208.00 | 6,208.00 | |
| Total income | 1,05,550.00 | 1,05,550.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 13,558.00 | 13,558.00 |
| (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 | 8,942.00 | 8,942.00 |
| (e) | Finance costs | 8,684.00 | 8,684.00 |
| (f) | Depreciation, depletion and amortisation expense | 596.00 | 596.00 |
| (f) | Other Expenses | ||
| 1 | Subcontracting expenses | 56,704.00 | 56,704.00 |
| 2 | Other expenses | 9,674.00 | 9,674.00 |
| Total other expenses | 66,378.00 | 66,378.00 | |
| Total expenses | 98,158.00 | 98,158.00 | |
| 3 | Total profit before exceptional items and tax | 7,392.00 | 7,392.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 7,392.00 | 7,392.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 1,381.00 | 1,381.00 |
| 8 | Deferred tax | 951.00 | 951.00 |
| 9 | Total tax expenses | 2,332.00 | 2,332.00 |
| 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 | 5,060.00 | 5,060.00 |
| 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 | 48.00 | 48.00 |
| 16 | Total profit (loss) for period | 5,108.00 | 5,108.00 |
| 17 | Other comprehensive income net of taxes | (122.00) | (122.00) |
| 18 | Total Comprehensive Income for the period | 4,986.00 | 4,986.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 5,108.00 | 5,108.00 | |
| Total profit or loss, attributable to non-controlling interests | 0.00 | 0.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | (122.00) | (122.00) | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 4,986.00 | 4,986.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 26,195.00 | 26,195.00 | |
| Face value of equity share capital | 1 | 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 | 0.19 | 0.19 | |
| Diluted earnings (loss) per share from continuing operations | 0.19 | 0.19 | |
| 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 | 0.19 | 0.19 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 0.19 | 0.19 | |
| 24 | Debt equity ratio | 0.4600 | 0.4600 |
| 25 | Debt service coverage ratio | 0.9700 | 0.9700 |
| 26 | Interest service coverage ratio | 2.3500 | 2.3500 |
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1.The consolidated unaudited financial results (‘results’) of Hindustan Construction Company Limited (hereinafter referred to as the ‘Holding Company’ or ‘HCC’) and its subsidiaries (the Holding Company and its subsidiaries together referred to as ‘the Group’), associate, joint venture and joint operations of Holding Company, for the quarter ended June 30, 2026 have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard prescribed under Section 133 of the Companies Act, 2013 (‘the Act’) and other recognized accounting practices generally accepted in India. The aforesaid results are in compliance with regulation 33 and Regulation 52 read with Regulation 63 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 as amended (the Listing Regulations’). The material accounting policies applied in preparation of these results are consistent with those followed in the annual Consolidated financial statements for the year ended March 31, 2026. These results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Holding Company at its meeting held on August 06, 2026. These results have been subjected to limited review by statutory auditor. 2.The Group has identified Engineering and Construction as its only reportable operating segment based on the internal management reporting structure and the manner in which operating performance is reviewed by the Chief Operating Decision Makers (CODM). Accordingly, there are no reportable segments requiring separate disclosure in terms of Ind AS 108, Operating Segments. 3.The Holding Company's business is seasonal in character and as a result, margins in the quarterly results vary, including due to the nature of its business and consequent to receipt of awards/claims or events which may lead to revision in cost to completion. Accordingly, the quarterly results may not be strictly comparable. 4.Unbilled work-in-progress (contract assets), current trade receivables and non-current trade receivables outstanding as on June 30, 2026, includes Rs. 102.03 crore, Rs. 24.21 crore and Rs. 57.52 crore, respectively (March 31, 2026: includes Rs. 115.71 crore, Rs. 24.21 crore and Rs. 57.52 crore, respectively), representing receivables from customers based on the terms and conditions implicit in the contracts and other receivables in respect of closed/substantially closed projects of the Holding Company. These receivables are mainly in respect of the cost over-run arising due to client caused delays, deviation in design and change in scope of work, for which Holding Company is at various stages of negotiation/discussion with the clients or under arbitration/litigation. Considering the contractual tenability, progress of negotiations/discussions/arbitration/litigations and as legally advised in certain contentious matters, the Holding Company is confident that these receivables are good and fully recoverable. 5.As at June 30, 2026, the Holding Company has net deferred tax assets amounting to Rs. 163.55 crore (March 31, 2026: Rs. 173.91 crore), which mainly represents deferred tax assets on carried forward unused tax losses/unabsorbed depreciation and other taxable temporary differences. The Holding Company is confident of generating sufficient taxable profits from the unexecuted orders on hand/future projects and expected realisation of claims/arbitration awards against which such deferred tax assets can be utilised and therefore considered good and recoverable. Statutory auditors report is modified in respect of this matter. 6.Exceptional items represent: a) Effective November 21, 2025, the Government of India consolidated 29 existing labour regulations into four Labour codes, namely, 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, collectively referred to as the ‘New Labour Codes’. In accordance with the requirements of Ind AS 19 ‘Employee Benefits’, these changes have resulted in an estimated increase in the past service cost of gratuity and compensated absence by Rs. 11.28 crore. Considering that the enactment of the new legislation is a non-recurring event, the Group has presented this one-time charge under ‘Exceptional Item’ for the year ended March 31, 2026. b) In prior years, pursuant to a resolution plan agreed with its lenders, the Holding Company transferred certain debt obligations to Prolific Resolution Private Limited (‘PRPL’). PRPL, in turn, issued and allotted non-convertible debentures aggregating to Rs. 2,854.40 crore to its lenders. During the year ended March 31, 2026, following receipt of requisite approvals from PRPL’s lenders, its Board of Directors, and other relevant stakeholders, the corporate guarantee was reduced from 100% of the outstanding debt to Rs. 570.88 crore, equivalent to 20% of the principal debt amount. Consequently, the Holding Company has written back Rs. 49.09 crore from the liability earlier recognized in respect of the corporate guarantee, in accordance with the requirements of Ind AS 109 ‘Financial Instruments’ and the same has been shown as gain under “Exceptional items” for the year ended March 31, 2026. 7.Figures for the quarters ended March 31, 2026 are the balancing figures between the audited consolidated figures for the year ended on that date and the published unaudited year-to-date figures up to the nine months period ended December 31, 2025, which were subjected to limited review by the statutory auditors. 8.Figures for the previous period/year have been regrouped/reclassified to conform to the current period's presentation, wherever considered necessary. The impact of such regroupings/reclassifications is not material to these consolidated financial results. |
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| Debt equity ratio | |
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| Debt service coverage ratio | |
| Interest service coverage ratio |
| 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 | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 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 | |||||||
| 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 | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Gain/(loss) on remeasurement of defined benefit plans | 1.00 | 1.00 |
| 2 | Gain/(loss) on fair value of equity instruments | 1,180.00 | 1,180.00 |
| Total Amount of items that will not be reclassified to profit and loss | 1,181.00 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 169.00 | 169.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Translation gain relating to foreign operations | (1,134.00) | (1,134.00) |
| Total Amount of items that will be reclassified to profit and loss | (1,134.00) | ||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | (122.00) | (122.00) |