Integrated Filing — IndAS

General information about company
Scrip Code	500184
NSE Symbol	HSCL
MSEI Symbol	NOTLISTED
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-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	21-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	14-Apr-2025
Description of presentation currency	INR (in Actuals)
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	Multi segment
Description of single segment
Start date and time of board meeting	21-Apr-2025   13:00:00
End date and time of board meeting	21-Apr-2025   16:45:00
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	2025-01-13
Indicate Company website link for updated RPT policy of the Company	www.himadri.com
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?	Yes
No. of times funds raised during the quarter	1
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	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	11290100000	45958000000
	Other income	133700000	509000000
	Total income	11423800000	46467000000
2	Expenses
(a)	Cost of materials consumed	7124800000	31569900000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	320700000	-50100000
(d)	Employee benefit expense	303000000	1243700000
(e)	Finance costs	87100000	445700000
(f)	Depreciation, depletion and amortisation expense	122600000	496200000
(f)	Other Expenses
1	Other Expenses	1196800000	4684300000
	Total other expenses	1196800000	4684300000
	Total expenses	9155000000	38389700000
3	Total profit before exceptional items and tax	2268800000	8077300000
4	Exceptional items	0	0
5	Total profit before tax	2268800000	8077300000
6	Tax expense
7	Current tax	404100000	1418700000
8	Deferred tax	282400000	1078000000
9	Total tax expenses	686500000	2496700000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	1582300000	5580600000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	1582300000	5580600000
17	Other comprehensive income net of taxes	-26900000	153100000
18	Total Comprehensive Income for the period	1555400000	5733700000
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	493800000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		35981500000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.21	11.31
	Diluted earnings (loss) per share from continuing operations	3.18	11.22
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	3.21	11.31
	Diluted earnings (loss) per share from continuing and discontinued operations	3.18	11.22
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		We have provided all figures and amount in integrated financial xbrl except notes on the financial results. The Notes on the financial results contains special characters and due to some technical issue in XBRL tool regarding special character error we are uploading the Integrated financial with NSE without notes to the financial results. Please note that if all special characters are removed the meaning of the notes on the financial results will change. nPlease refer the notes contains in PDF file of Financial Result Standalone & Consolidated for the financial year ended 31.03.2025 uploaded with NSE with outcome of Board meeting. n

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

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	14482300000
	Capital work-in-progress	1764500000
	Investment property	0
	Goodwill	0
	Other intangible assets	169900000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	6277700000
	Trade receivables, non-current	101800000
	Loans, non-current	109000000
	Other non-current financial assets	609700000
	Total non-current financial assets	7098200000
	Deferred tax assets (net)	88100000
	Other non-current assets	407700000
	Total non-current assets	24010700000
2	Current assets
	Inventories	5859200000
	Current financial asset
	Current investments	0
	Trade receivables, current	6277000000
	Cash and cash equivalents	1530300000
	Bank balance other than cash and cash equivalents	5167100000
	Loans, current	18300000
	Other current financial assets	232800000
	Total current financial assets	13225500000
	Current tax assets (net)	0
	Other current assets	2126200000
	Total current assets	21210900000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	45221600000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	493800000
	Other equity	35981500000
	Total equity attributable to owners of parent	36475300000
	Non controlling interest
	Total equity	36475300000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	22000000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	16600000
	Total non-current financial liabilities	38600000
	Provisions, non-current	110900000
	Deferred tax liabilities (net)	2632600000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	2782100000
	Current liabilities
	Current financial liabilities
	Borrowings, current	3056000000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	49700000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	2298100000
	Total Trade payable	2347800000
	Other current financial liabilities	388800000
	Total current financial liabilities	5792600000
	Other current liabilities	71500000
	Provisions, current	4500000
	Current tax liabilities (Net)	95600000
	Deferred government grants, Current	0
	Total current liabilities	5964200000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	8746300000
	Total equity and liabilites	45221600000
	Disclosure of notes on assets and liabilities

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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts 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)
1	Carbon materials and chemicals	11229400000	45721100000
2	Power	249800000	1047300000
	Total Segment Revenue	11479200000	46768400000
	Less: Inter segment revenue	189100000	189100000
	Revenue from operations	11290100000	45958000000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Carbon materials and chemicals	1980900000	7010000000
2	Power	218600000	929300000
	Total Profit before tax	2199500000	7939300000
	i. Finance cost	87100000	87100000
	ii. Other Unallocable Expenditure net off Unallocable income	-156400000	-156400000
	Profit before tax	2268800000	8077300000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Carbon materials and chemicals	30669000000	30669000000
2	Power	1035400000	1035400000
	Total Segment Asset	31704400000	31704400000
	Un-allocable Assets	13517200000	13517200000
	Net Segment Asset	45221600000	45221600000
4	Segment Liabilities
	Segment Liabilities
1	Carbon materials and chemicals	2841900000	2841900000
2	Power	6100000	6100000
	Total Segment Liabilities	2848000000	2848000000
	Un-allocable Liabilities	5898300000	5898300000
	Net Segment Liabilities	8746300000	8746300000
	Disclosure of notes on segments

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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
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
1	Remeasurements of the net defined benefit plan	-8800000	-10300000
2	Net gain/ (loss) on investment in equity instruments accounted at fair value	-23700000	26700000
	Total Amount of items that will not be reclassified to profit and loss	-32500000	16400000
2	Income tax relating to items that will not be reclassified to profit or loss	-5600000	-136700000
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	0
5	Total Other comprehensive income	-26900000	153100000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			8077300000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			445700000
	Adjustments for decrease (increase) in inventories			1201600000
	Adjustments for decrease (increase) in trade receivables, current			307400000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-961500000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-3101200000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-88100000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			496200000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			56400000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			13400000
	Adjustments for dividend income			0
	Adjustments for interest income			444000000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-34300000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			100000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-2108300000
	Net cash flows from (used in) operations			5969000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			1418700000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			4550300000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			245600000
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			951800000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			900000
	Purchase of property, plant and equipment			1616500000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			98500000
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			496300000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-200000
	Net cash flows from (used in) investing activities	-2415400000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			32000000
	Proceeds from issuing other equity instruments			892500000
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			2946600000
	Payments of lease liabilities			11000000
	Dividends paid			246800000
	Interest paid			418300000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-300000
	Net cash flows from (used in) financing activities			-2698500000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-563600000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			-100000
	Net increase (decrease) in cash and cash equivalents			-563700000
	Cash and cash equivalents cash flow statement at beginning of period			2094000000
	Cash and cash equivalents cash flow statement at end of period			1530300000

Signatory Details
Name of signatory	Monika Saraswat
Designation of person	Company Secretary and Compliance Officer
Place	Kolkata
Date	21-Apr-2025