Integrated Filing — IndAS
General information about company
| Scrip Code |
544880 |
| NSE Symbol |
HORIZONIND |
| MSEI Symbol |
NOTLISTED |
| ISIN |
INE685T01010 |
| Name of company |
HORIZON INDUSTRIAL PARKS 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 |
29-10-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed
to the exchange |
25-10-2026 |
| Description of presentation currency |
INR |
| Level of rounding used in financial results |
Lakhs |
| Reporting Type |
Quarterly |
| Reporting Quarter |
Second 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 |
Unaudited |
| Segment Reporting |
Single segment |
| Description of single segment |
Construction and Leasing of industrial and logistic spaces |
| Start date and time of board meeting |
29-10-2026 15:34:00 |
| End date and time of board meeting |
29-10-2026 16:19:00 |
| 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 |
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 |
01-07-2026 |
01-04-2026 |
| B |
Date of end of reporting period |
30-09-2026 |
30-09-2026 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
| 1 |
Income |
|
Revenue from operations |
21,498.70 |
41,553.30 |
|
Other income |
3,731.10 |
7,730.00 |
|
Total income |
25,229.80 |
49,283.30 |
| 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 |
737.10 |
1,553.20 |
| (e) |
Finance costs |
11,554.10 |
24,685.70 |
| (f) |
Depreciation, depletion and amortisation expense
|
8,524.60 |
16,178.60 |
| (f) |
Other Expenses |
| 1 |
Operating and maintenance expenses |
1,816.50 |
3,433.70 |
| 2 |
Other Expenses |
1,597.20 |
3,122.60 |
|
Total other expenses |
3,413.70 |
6,556.30 |
|
Total expenses |
24,229.50 |
48,973.80 |
| 3 |
Total profit before exceptional items and tax |
1,000.30 |
309.50 |
| 4 |
Exceptional items |
0.00 |
0.00 |
| 5 |
Total profit before tax |
1,000.30 |
309.50 |
| 6 |
Tax expense |
|
| 7 |
Current tax |
(190.50) |
0.30 |
| 8 |
Deferred tax |
(82.60) |
198.50 |
| 9 |
Total tax expenses |
(273.10) |
198.80 |
| 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 |
1,273.40 |
110.70 |
| 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 |
120.00 |
120.00 |
| 16 |
Total profit (loss) for period |
1,393.40 |
230.70 |
| 17 |
Other comprehensive income net of taxes |
16.80 |
(15.40) |
| 18 |
Total Comprehensive Income for the period |
1,410.20 |
215.30 |
| 19 |
Total profit or loss, attributable to
|
|
|
|
Profit or loss, attributable to owners of parent |
1,533.70 |
501.50 |
|
Total profit or loss, attributable to non-controlling interests |
(140.30) |
(270.80) |
| 20 |
Total Comprehensive income for the period attributable to |
|
|
|
Comprehensive income for the period attributable to owners of parent |
1,547.40 |
488.10 |
|
Total comprehensive income for the period attributable to owners of parent non-controlling
interests |
(137.20) |
(272.80) |
| 21 |
Details of equity share capital |
|
|
Paid-up equity share capital |
2,88,290.30 |
2,88,290.30 |
|
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 |
0.06 |
0.02 |
|
Diluted earnings (loss) per share from continuing operations |
0.06 |
0.02 |
| 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 |
0.02 |
|
Diluted earnings (loss) per share from
continuing and discontinued operations |
0.06 |
0.02 |
| 24 |
Debt equity ratio |
|
|
| 25 |
Debt service coverage ratio |
|
|
| 26 |
Interest service coverage ratio |
|
|
| 27 |
Disclosure of notes on financial results |
|
Remarks
Statement of Asset and Liabilities
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-04-2026 |
| Date of end of reporting period |
30-09-2026 |
| Whether results are audited or unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
|
Assets |
| 1 |
Non-current assets |
|
Property, plant and equipment |
1,079.50 |
|
Capital work-in-progress |
24,968.50 |
|
Investment property |
8,96,593.30 |
|
Goodwill |
4,292.60 |
|
Other intangible assets |
1,337.60 |
|
Intangible assets under development |
325.70 |
|
Biological assets other than bearer plants |
0.00 |
|
Investments accounted for using equity method |
2,139.00 |
|
Non-current financial assets |
|
|
Non-current investments |
6,801.80 |
|
Trade receivables, non-current |
0.00 |
|
Loans, non-current |
0.00 |
|
Other non-current financial assets |
|
| 1 |
Other Financial Asset |
46,960.20 |
|
Total of other non-current financial assets |
46,960.20 |
|
Total non-current financial assets |
53,762.00 |
|
Deferred tax assets (net) |
|
|
Other non-current assets |
|
| 1 |
Non Current tax assets ( net ) |
6,407.70 |
| 2 |
Other non-current assets |
44,907.90 |
| 3 |
Investment Properties under development |
1,26,513.30 |
| 4 |
Right to use Assets |
1,285.40 |
|
Total of other non-current assets |
1,79,114.30 |
|
Total non-current assets |
11,63,612.50 |
| 2 |
Current assets |
|
|
Inventories |
0.00 |
|
Current financial asset |
|
|
Current investments |
1,895.90 |
|
Trade receivables, current |
5,812.00 |
|
Cash and cash equivalents |
64,677.60 |
|
Bank balance other than cash and cash equivalents |
25.00 |
|
Loans, current |
14,852.80 |
|
Other current financial assets |
|
|
Total of other current financial assets |
4,413.90 |
|
Total current financial assets |
91,677.20 |
|
Current tax assets (net) |
|
|
Other current assets |
|
| 1 |
Other current assets |
8,922.20 |
|
Total of other current assets |
8,922.20 |
|
Total current assets |
1,00,599.40 |
| 3 |
Non-current assets classified as held for sale |
|
| 4 |
Regulatory deferral account debit balances and related deferred tax Assets |
|
|
Total assets |
12,64,211.90 |
|
Equity and liabilities |
|
| 1 |
Equity |
|
|
Equity attributable to owners of parent |
|
|
Equity share capital |
2,88,290.30 |
|
Other equity |
5,26,921.30 |
|
Total equity attributable to owners of parent |
8,15,211.60 |
|
Non controlling interest |
19,194.50 |
|
Total equity |
8,34,406.10 |
| 2 |
Liabilities |
|
|
Non-current liabilities |
|
|
Non-current financial liabilities |
|
|
Borrowings, non-current |
3,31,748.70 |
|
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 |
Lease Liabitilities |
1,257.60 |
| 2 |
Other Financial Liabilities |
19,962.70 |
|
Total of other non-current financial liabilities |
21,220.30 |
|
Total non-current financial liabilities |
3,52,969.00 |
|
Provisions, non-current |
883.10 |
|
Deferred tax liabilities (net) |
5,621.80 |
|
Deferred government grants, Non-current |
0.00 |
|
Other non-current liabilities |
|
| 1 |
Other non-current liabilities |
3,008.80 |
|
Total of other non-current liabilities |
3,008.80 |
|
Total non-current liabilities |
3,62,482.70 |
|
Current liabilities |
|
|
Current financial liabilities |
|
|
Borrowings, current |
21,431.30 |
|
Trade payables, current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
0.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
3,682.60 |
|
Total Trade payable |
3,682.60 |
|
Other current financial liabilities |
|
| 1 |
Lease Liabitilities |
390.20 |
| 2 |
Other Financial Liabilities |
38,213.00 |
|
Total of other current financial liabilities |
38,603.20 |
|
Total current financial liabilities |
63,717.10 |
|
Other current liabilities |
3,470.20 |
| 1 |
Other current liabilities |
3,470.20 |
|
Total of other current liabilities |
3,470.20 |
|
Provisions, current |
102.80 |
|
Current tax liabilities (Net) |
33.00 |
|
Deferred government grants, Current |
|
|
Total current liabilities |
67,323.10 |
| 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 |
4,29,805.80 |
|
Total equity and liabilites |
12,64,211.90 |
|
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 |
01-07-2026 |
01-04-2026 |
| Date of end of reporting
period |
30-09-2026 |
30-09-2026 |
| 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 |
|
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 |
01-07-2026 |
01-04-2026 |
| B |
Date of end of reporting period |
30-09-2026 |
30-09-2026 |
| 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 |
Re-measurement gains/(losses) on defined benefit plans |
22.50 |
(20.90) |
|
Total Amount of items that will not be reclassified to profit and loss |
22.50 |
(20.90) |
| 2 |
Income tax relating to items that will not be reclassified to profit or loss |
5.70 |
(5.50) |
| 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 |
16.80 |
(15.40) |
Cash flow statement, indirect
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-04-2026 |
| B |
Date of end of reporting period |
30-09-2026 |
| C |
Whether results are audited or unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
|
Statement of cash flows |
|
|
Cash flows from used in operating
activities |
|
|
Profit before tax |
309.50 |
|
Adjustments for reconcile profit (loss) |
|
|
Adjustments for finance costs |
24,685.70 |
|
Adjustments for decrease (increase) in inventories |
0.00 |
|
Adjustments for decrease (increase) in trade receivables, current |
(2,324.70) |
|
Adjustments for decrease (increase) in trade receivables, non-current
|
0.00 |
|
Adjustments for decrease (increase) in other current assets |
470.00 |
|
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 |
(152.60) |
|
Adjustments for other bank balances |
0.00 |
|
Adjustments for increase (decrease) in trade payables, current |
90.70 |
|
Adjustments for increase (decrease) in trade payables, non-current |
0.00 |
|
Adjustments for increase (decrease) in other current liabilities |
615.20 |
|
Adjustments for increase (decrease) in other non-current liabilities
|
0.00 |
|
Adjustments for depreciation and amortisation expense |
16,178.60 |
|
Adjustments for impairment loss reversal of impairment loss recognised
in profit or loss |
0.00 |
|
Adjustments for provisions, current |
136.80 |
|
Adjustments for provisions, non-current |
0.00 |
|
Adjustments for other financial liabilities, current |
(556.50) |
|
Adjustments for other financial liabilities, non-current |
0.00 |
|
Adjustments for unrealised foreign exchange losses gains |
0.00 |
|
Adjustments for dividend income |
0.00 |
|
Adjustments for interest income |
5,343.70 |
|
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 |
(2,065.90) |
|
Other adjustments to reconcile profit (loss) |
0.00 |
|
Other adjustments for non-cash items |
(1,851.10) |
|
Share of profit and loss from partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Total adjustments for reconcile
profit (loss) |
29,882.50 |
|
Net cash flows from (used in)
operations |
30,192.00 |
|
Dividends received |
0.00 |
|
Interest paid |
0.00 |
|
Interest received |
0.00 |
|
Income taxes paid (refund) |
1,111.10 |
|
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in)
operating activities |
29,080.90 |
|
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 |
2,019.00 |
|
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
|
6,681.00 |
|
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 |
69.90 |
|
Purchase of investment property |
71,715.20 |
|
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 |
4,000.00 |
|
Proceeds from sales of other long-term assets |
6,70,789.40 |
|
Purchase of other long-term assets |
5,07,803.90 |
|
Cash advances and loans made to other parties |
12,234.90 |
|
Cash receipts from repayment of advances and loans made to other parties |
577.30 |
|
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 |
6,133.60 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
(102.60) |
|
Net cash flows from (used in)
investing activities |
81,013.60 |
|
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 |
2,55,937.90 |
|
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 |
1,87,657.70 |
|
Repayments of borrowings |
5,25,688.10 |
|
Payments of lease liabilities |
300.20 |
|
Dividends paid |
0.00 |
|
Interest paid |
27,183.90 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
285.20 |
|
Net cash flows from (used in)
financing activities |
(1,09,291.40) |
|
Net increase (decrease) in cash
and cash equivalents before effect of exchange rate changes |
803.10 |
|
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 |
803.10 |
|
Cash and cash equivalents cash flow statement at beginning of period
|
63,612.80 |
|
Cash and cash equivalents cash
flow statement at end of period |
64,415.90 |