Integrated Filing — IndAS

General information about company
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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	08-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	30-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	Unaudited
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	08-May-2025   14:00:00
End date and time of board meeting	08-May-2025   17:40:00
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	Statement on impact of audit qualification

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	Unaudited	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	13737000000	56033700000
	Other income	185000000	1232000000
	Total income	13922000000	57265700000
2	Expenses
(a)	Cost of materials consumed	1301500000	5642200000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	3370400000
(d)	Employee benefit expense	760900000	4928400000
(e)	Finance costs	1113600000	5997000000
(f)	Depreciation, depletion and amortisation expense	223400000	1639800000
(f)	Other Expenses
1	Subcontracting expenses	5635600000	28569700000
2	Other expenses	1744100000	5585500000
	Total other expenses	7379700000	34155200000
	Total expenses	10779100000	55733000000
3	Total profit before exceptional items and tax	3142900000	1532700000
4	Exceptional items	0	5296500000
5	Total profit before tax	3142900000	6829200000
6	Tax expense
7	Current tax	15300000	-138900000
8	Deferred tax	816400000	4244200000
9	Total tax expenses	831700000	4105300000
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	2311200000	2723900000
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	-1410400000	-1597600000
16	Total profit (loss) for period	900800000	1126300000
17	Other comprehensive income net of taxes	229800000	511600000
18	Total Comprehensive Income for the period	1130600000	1637900000
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	1819400000	1819400000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		7237600000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.5	0.66
	Diluted earnings (loss) per share from continuing operations	0.5	0.66
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	0.5	0.66
	Diluted earnings (loss) per share from continuing and discontinued operations	0.5	0.66
24	Debt equity ratio	0.0194	0.0194
25	Debt service coverage ratio	0.0114	0.0057
26	Interest service coverage ratio	0.0298	0.0134
27	Disclosure of notes on financial results

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	1855700000
	Capital work-in-progress	66300000
	Investment property	2300000
	Goodwill	0
	Other intangible assets	562600000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	352500000
	Trade receivables, non-current	6887900000
	Loans, non-current	790900000
	Other non-current financial assets	8433700000
	Total non-current financial assets	16465000000
	Deferred tax assets (net)	2075100000
	Other non-current assets	1480800000
	Total non-current assets	22507800000
2	Current assets
	Inventories	1280000000
	Current financial asset
	Current investments	435600000
	Trade receivables, current	23881500000
	Cash and cash equivalents	5694800000
	Bank balance other than cash and cash equivalents	1389400000
	Loans, current	0
	Other current financial assets	146500000
	Total current financial assets	31547800000
	Current tax assets (net)	0
	Other current assets	25441200000
	Total current assets	58269000000
3	Non-current assets classified as held for sale	106500000
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	80883300000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	1819400000
	Other equity	7237600000
	Total equity attributable to owners of parent	9057000000
	Non controlling interest
	Total equity	9057000000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	10447600000
	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	12655300000
	Total non-current financial liabilities	23102900000
	Provisions, non-current	426700000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	23529600000
	Current liabilities
	Current financial liabilities
	Borrowings, current	6343500000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	1256700000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	19667600000
	Total Trade payable	20924300000
	Other current financial liabilities	10282000000
	Total current financial liabilities	37549800000
	Other current liabilities	10271400000
	Provisions, current	194100000
	Current tax liabilities (Net)	281400000
	Deferred government grants, Current	0
	Total current liabilities	48296700000
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	71826300000
	Total equity and liabilites	80883300000
	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		Unaudited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Engineering and construction	13311000000	52572800000
2	real estate	0	3901000000
3	Infrastructure	903900000	1635500000
4	Others	11200000	31800000
5	Unallocable	0	136200000
	Total Segment Revenue	14226100000	58277300000
	Less: Inter segment revenue	489100000	489100000
	Revenue from operations	13737000000	56033700000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Engineering and construction	1603900000	3247100000
2	real estate	12900000	-3294400000
3	Infrastructure	102900000	3284100000
4	Others	12800000	1994800000
5	Unallocable	0	0
	Total Profit before tax	1732500000	5231600000
	i. Finance cost	0	0
	ii. Other Unallocable Expenditure net off Unallocable income	0	0
	Profit before tax	1732500000	5231600000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Engineering and construction	75320700000	75320700000
2	real estate	647900000	647900000
3	Infrastructure	4425100000	4425100000
4	Others	489600000	489600000
5	Unallocable	0	0
	Total Segment Asset	80883300000	80883300000
	Un-allocable Assets	0	0
	Net Segment Asset	80883300000	80883300000
4	Segment Liabilities
	Segment Liabilities
1	Engineering and construction	67933900000	67933900000
2	real estate	218000000	218000000
3	Infrastructure	741300000	741300000
4	Others	2933100000	2933100000
5	Unallocable	0	0
	Total Segment Liabilities	71826300000	71826300000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	71826300000	71826300000
	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	Unaudited	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	Owners of the parent	216600000	497700000
	Total Amount of items that will not be reclassified to profit and loss	216600000	497700000
2	Income tax relating to items that will not be reclassified to profit or loss	-13200000	-13900000
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	229800000	511600000

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			Unaudited
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			6829200000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			5997000000
	Adjustments for decrease (increase) in inventories			3073800000
	Adjustments for decrease (increase) in trade receivables, current			-2622600000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			45400000
	Adjustments for decrease (increase) in other non-current assets			-79700000
	Adjustments for other financial assets, non-current			-35900000
	Adjustments for other financial assets, current			-9722700000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			2414800000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			1639800000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-230000000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			-3127500000
	Adjustments for other financial liabilities, non-current			-2169000000
	Adjustments for unrealised foreign exchange losses gains			-181500000
	Adjustments for dividend income			0
	Adjustments for interest income			443400000
	Adjustments for share-based payments			800000
	Adjustments for fair value losses (gains)			0
	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			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-5440700000
	Net cash flows from (used in) operations			1388500000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			52300000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			1336200000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			110000000
	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			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	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			240000000
	Purchase of property, plant and equipment			178500000
	Proceeds from sales of investment property			-587200000
	Purchase of investment property			-155100000
	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			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			154000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-247900000
	Net cash flows from (used in) investing activities	-354500000
	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			9059000000
	Proceeds from issuing other equity instruments			0
	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			3206800000
	Payments of lease liabilities			279300000
	Dividends paid			0
	Interest paid			4478400000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-363100000
	Net cash flows from (used in) financing activities			731400000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			1713100000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			-5500000
	Net increase (decrease) in cash and cash equivalents			1707600000
	Cash and cash equivalents cash flow statement at beginning of period			3987300000
	Cash and cash equivalents cash flow statement at end of period			5694900000

Audit qualification
Sr.	Details of Audit Qualification	Type of Audit Qualification	Frequency of qualification	For Audit Qualification(s) where the impact is quantified by the auditor	For Audit Qualification(s) where the impact is not quantified by the auditor
				Management's Views	(i) Management's estimation on the impact of audit qualification	(ii) If management is unable to estimate the impact, reasons for the same	Auditors' Comments on (i) or (ii) above
1	Textual Information(1)	Qualified opinion	Since how long continuing	Textual Information(2)	Textual Information(3)	Textual Information(4)	Textual Information(5)

Text Block
Textual Information(1)	As stated in Note 5 to the accompanying Statement, the Holding Company has recognised net deferred tax assets amounting to Rs. 204.90 crore as at 31st March 2025, which mainly includes deferred tax assets on carried forward unused tax losses, unused tax credits and other taxable temporary differences on the basis of expected availability of future taxable profits for utilization of such deferred tax assets. However, we are unable to obtain sufficient appropriate audit evidence with respect to the projections for future taxable profits prepared by the management and therefore, are unable to comment on any adjustments that may be required to the carrying value of aforesaid net deferred tax assets as at 31st March 2025.
Textual Information(2)	Not applicable as the impact is unquantified
Textual Information(3)	Not ascertainable
Textual Information(4)	As at 31st March 2025, the Holding Company has net deferred tax assets amounting to Rs. 204.90 crore (31st March 2024: Rs. 613.09 crore), which mainly represents deferred tax assets on carried forward unused tax losses 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 review report is modified in respect of this matter.
Textual Information(5)	Included in details of auditor's qualifications stated above