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	Consolidated
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

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	Consolidated	Consolidated
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	11346400000	46126300000
	Other income	135200000	516900000
	Total income	11481600000	46643200000
2	Expenses
(a)	Cost of materials consumed	7124700000	31521100000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	320900000	-50800000
(d)	Employee benefit expense	356800000	1393900000
(e)	Finance costs	87600000	447700000
(f)	Depreciation, depletion and amortisation expense	137200000	549700000
(f)	Other Expenses
1	Other Expenses	1210900000	4719900000
	Total other expenses	1210900000	4719900000
	Total expenses	9238100000	38581500000
3	Total profit before exceptional items and tax	2243500000	8061700000
4	Exceptional items	0	0
5	Total profit before tax	2243500000	8061700000
6	Tax expense
7	Current tax	406400000	1432900000
8	Deferred tax	282500000	1077900000
9	Total tax expenses	688900000	2510800000
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	1554600000	5550900000
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	1554600000	5550900000
17	Other comprehensive income net of taxes	-17800000	195300000
18	Total Comprehensive Income for the period	1536800000	5746200000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	1555800000	5556200000
	Total profit or loss, attributable to non-controlling interests	-1200000	-1200000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	1538300000	5752200000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	-1500000	-6000000
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		36723600000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.15	11.26
	Diluted earnings (loss) per share from continuing operations	3.12	11.17
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	3.15	11.26
	Diluted earnings (loss) per share from continuing and discontinued operations	3.12	11.17
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		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	15024300000
	Capital work-in-progress	1852500000
	Investment property	0
	Goodwill	181000000
	Other intangible assets	845800000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	5780000000
	Trade receivables, non-current	101800000
	Loans, non-current	0
	Other non-current financial assets	761300000
	Total non-current financial assets	6643100000
	Deferred tax assets (net)	93100000
	Other non-current assets	407800000
	Total non-current assets	25047600000
2	Current assets
	Inventories	5852000000
	Current financial asset
	Current investments	41700000
	Trade receivables, current	6328200000
	Cash and cash equivalents	1551100000
	Bank balance other than cash and cash equivalents	5167100000
	Loans, current	20900000
	Other current financial assets	241900000
	Total current financial assets	13350900000
	Current tax assets (net)	0
	Other current assets	2309600000
	Total current assets	21512500000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	46560100000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	493800000
	Other equity	36723600000
	Total equity attributable to owners of parent	37217400000
	Non controlling interest	492000000
	Total equity	37709400000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	27300000
	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	31800000
	Total non-current financial liabilities	59100000
	Provisions, non-current	111000000
	Deferred tax liabilities (net)	2632200000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	2802300000
	Current liabilities
	Current financial liabilities
	Borrowings, current	3059800000
	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	2343300000
	Total Trade payable	2393000000
	Other current financial liabilities	411400000
	Total current financial liabilities	5864200000
	Other current liabilities	78800000
	Provisions, current	9800000
	Current tax liabilities (Net)	95600000
	Deferred government grants, Current	0
	Total current liabilities	6048400000
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	8850700000
	Total equity and liabilites	46560100000
	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		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	(A) Carbon materials and chemicals	11285700000	45889400000
2	(B) Power	249800000	1047300000
	Total Segment Revenue	11535500000	46936700000
	Less: Inter segment revenue	189100000	189100000
	Revenue from operations	11346400000	46126300000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	(A) Carbon materials and chemicals	1954300000	6988400000
2	(B) Power	218600000	929300000
	Total Profit before tax	2172900000	7917700000
	i. Finance cost	87600000	87600000
	ii. Other Unallocable Expenditure net off Unallocable income	-158200000	-158200000
	Profit before tax	2243500000	8061700000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	(A) Carbon materials and chemicals	31578100000	31578100000
2	(B) Power	1035400000	1035400000
	Total Segment Asset	32613500000	32613500000
	Un-allocable Assets	13946600000	13946600000
	Net Segment Asset	46560100000	46560100000
4	Segment Liabilities
	Segment Liabilities
1	(A) Carbon materials and chemicals	2937700000	2937700000
2	(B) Power	6100000	6100000
	Total Segment Liabilities	2943800000	2943800000
	Un-allocable Liabilities	5906900000	5906900000
	Net Segment Liabilities	8850700000	8850700000
	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	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement 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
1	Exchange difference in transalating financial statements of foreign operations	9100000	42200000
	Total Amount of items that will be reclassified to profit and loss	9100000	42200000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-17800000	195300000

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			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			8061700000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			447700000
	Adjustments for decrease (increase) in inventories			1174300000
	Adjustments for decrease (increase) in trade receivables, current			270100000
	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			100000
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-835000000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-3312000000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-81300000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			549700000
	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			69400000
	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			439000000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-1500000
	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			-5700000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-2149800000
	Net cash flows from (used in) operations			5911900000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			1443200000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			4468700000
	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			0
	Other cash receipts from sales of equity or debt instruments of other entities			-24300000
	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			1706000000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			2500000
	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			0
	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			481600000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-150000000
	Net cash flows from (used in) investing activities	-2352100000
	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			2952800000
	Payments of lease liabilities			20100000
	Dividends paid			246800000
	Interest paid			419400000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			400000
	Net cash flows from (used in) financing activities			-2714200000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-597600000
	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			-597700000
	Cash and cash equivalents cash flow statement at beginning of period			2148800000
	Cash and cash equivalents cash flow statement at end of period			1551100000