Integrated Filing — IndAS

General information about company
Scrip Code	522215
NSE Symbol	HLEGLAS
MSEI Symbol	NOTLISTED
ISIN	INE461D01028
Name of company	HLE GLASCOAT 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	19-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	12-May-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	19-May-2025   15:30:00
End date and time of board meeting	19-May-2025   18:00:00
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	2022-02-11
Indicate Company website link for updated RPT policy of the Company	https://hleglascoat.com/wp-content/uploads/2022/02/POLICY-FOR-RELATED-PARTY-TRANSACTIONS_11.02.2022-1.pdf
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?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
NOT APPLICABLE

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	1950020000	5511227000
	Other income	11606000	117827000
	Total income	1961626000	5629054000
2	Expenses
(a)	Cost of materials consumed	1042747000	3339945000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	97619000	-340146000
(d)	Employee benefit expense	143979000	579793000
(e)	Finance costs	67195000	287587000
(f)	Depreciation, depletion and amortisation expense	37337000	147006000
(f)	Other Expenses
1	Power and Fuel	46185000	200469000
2	Labour Charges	156950000	523268000
3	Other expenses	201316000	685859000
	Total other expenses	404451000	1409596000
	Total expenses	1793328000	5423781000
3	Total profit before exceptional items and tax	168298000	205273000
4	Exceptional items	0	0
5	Total profit before tax	168298000	205273000
6	Tax expense
7	Current tax	28828000	28828000
8	Deferred tax	3549000	12592000
9	Total tax expenses	32377000	41420000
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	135921000	163853000
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	135921000	163853000
17	Other comprehensive income net of taxes	-5173000	-6262000
18	Total Comprehensive Income for the period	130748000	157591000
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	136531000	136531000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		3423267000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	1.99	2.4
	Diluted earnings (loss) per share from continuing operations	1.99	2.4
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	1.99	2.4
	Diluted earnings (loss) per share from continuing and discontinued operations	1.99	2.4
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
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		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	2680525000
	Capital work-in-progress	8676000
	Investment property	12746000
	Goodwill	0
	Other intangible assets	17455000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	2272922000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	95591000
	Total non-current financial assets	2368513000
	Deferred tax assets (net)
	Other non-current assets	137514000
	Total non-current assets	5225429000
2	Current assets
	Inventories	2293893000
	Current financial asset
	Current investments	0
	Trade receivables, current	859604000
	Cash and cash equivalents	121603000
	Bank balance other than cash and cash equivalents	29375000
	Loans, current	3956000
	Other current financial assets	49303000
	Total current financial assets	1063841000
	Current tax assets (net)
	Other current assets	157912000
	Total current assets	3515646000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	8741075000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	136531000
	Other equity	3423267000
	Total equity attributable to owners of parent	3559798000
	Non controlling interest
	Total equity	3559798000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1092585000
	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	95796000
	Total non-current financial liabilities	1188381000
	Provisions, non-current	10786000
	Deferred tax liabilities (net)	118780000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	1317947000
	Current liabilities
	Current financial liabilities
	Borrowings, current	2016889000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	26159000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	750234000
	Total Trade payable	776393000
	Other current financial liabilities	152948000
	Total current financial liabilities	2946230000
	Other current liabilities	879612000
	Provisions, current	37488000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	3863330000
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	5181277000
	Total equity and liabilites	8741075000
	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	Filtration, Drying and Other Equipment	0	0
2	Glass Lined Equipment	0	0
3	Heat Transfer Equipment	0	0
4	Unallocable Revenue	0	0
	Total Segment Revenue	0	0
	Less: Inter segment revenue	0	0
	Revenue from operations	0	0
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Filtration, Drying and Other Equipment	0	0
2	Glass Lined Equipment	0	0
3	Heat Transfer Equipment	0	0
4	Unallocable Revenue	0	0
	Total Profit before tax	0	0
	i. Finance cost	0	0
	ii. Other Unallocable Expenditure net off Unallocable income	0	0
	Profit before tax	0	0
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Filtration, Drying and Other Equipment	0	0
2	Glass Lined Equipment	0	0
3	Heat Transfer Equipment	0	0
4	Unallocable Revenue	0	0
	Total Segment Asset	0	0
	Un-allocable Assets	0	0
	Net Segment Asset	0	0
4	Segment Liabilities
	Segment Liabilities
1	Filtration, Drying and Other Equipment	0	0
2	Glass Lined Equipment	0	0
3	Heat Transfer Equipment	0	0
4	Unallocable Revenue	0	0
	Total Segment Liabilities	0	0
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	0	0
	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 Defined benefit plans	-7279000	-8368000
	Total Amount of items that will not be reclassified to profit and loss	-7279000	-8368000
2	Income tax relating to items that will not be reclassified to profit or loss	-2106000	-2106000
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	-5173000	-6262000

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			205273000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			287587000
	Adjustments for decrease (increase) in inventories			-231206000
	Adjustments for decrease (increase) in trade receivables, current			456621000
	Adjustments for decrease (increase) in trade receivables, non-current			7504000
	Adjustments for decrease (increase) in other current assets			-59836000
	Adjustments for decrease (increase) in other non-current assets			4633000
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-67286000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-8636000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			478977000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			147006000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-8082000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			7658000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			1918000
	Adjustments for dividend income			76101000
	Adjustments for interest income			5706000
	Adjustments for share-based payments			0
	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)			-3847000
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			1926000
	Total adjustments for reconcile profit (loss)			933130000
	Net cash flows from (used in) operations			1138403000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			39032000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			1099371000
	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			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			6149000
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			409000
	Purchase of property, plant and equipment			453002000
	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			3527000
	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			76101000
	Interest received			7351000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-359465000
	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			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			74774000
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			425850000
	Repayments of borrowings			644066000
	Payments of lease liabilities			9978000
	Dividends paid			75092000
	Interest paid			274945000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-653005000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			86901000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			-2000
	Net increase (decrease) in cash and cash equivalents			86899000
	Cash and cash equivalents cash flow statement at beginning of period			34704000
	Cash and cash equivalents cash flow statement at end of period			121603000