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	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	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

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	3337072000	10275868000
	Other income	22538000	73583000
	Total income	3359610000	10349451000
2	Expenses
(a)	Cost of materials consumed	1545448000	4991472000
(b)	Purchases of stock-in-trade	13766000	13766000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	45428000	-514195000
(d)	Employee benefit expense	563685000	2006841000
(e)	Finance costs	93163000	361934000
(f)	Depreciation, depletion and amortisation expense	77272000	296728000
(f)	Other Expenses
1	Power and Fuel	105169000	427189000
2	Labour Charges	222476000	719690000
3	Other expenses	321189000	1295352000
	Total other expenses	648834000	2442231000
	Total expenses	2987596000	9598777000
3	Total profit before exceptional items and tax	372014000	750674000
4	Exceptional items	0	0
5	Total profit before tax	372014000	750674000
6	Tax expense
7	Current tax	45275000	170990000
8	Deferred tax	10299000	-37990000
9	Total tax expenses	55574000	133000000
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	316440000	617674000
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	316440000	617674000
17	Other comprehensive income net of taxes	55316000	31886000
18	Total Comprehensive Income for the period	371756000	649560000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	203392000	467138000
	Total profit or loss, attributable to non-controlling interests	113048000	113048000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	258907000	500150000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	112849000	149410000
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		4456541000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	4.64	9.05
	Diluted earnings (loss) per share from continuing operations	4.64	9.05
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	4.64	9.05
	Diluted earnings (loss) per share from continuing and discontinued operations	4.64	9.05
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		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	3947827000
	Capital work-in-progress	50028000
	Investment property	36856000
	Goodwill	403589000
	Other intangible assets	1542611000
	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	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	238533000
	Total non-current financial assets	238533000
	Deferred tax assets (net)	53500000
	Other non-current assets	172553000
	Total non-current assets	6445497000
2	Current assets
	Inventories	3694995000
	Current financial asset
	Current investments	0
	Trade receivables, current	1849026000
	Cash and cash equivalents	395913000
	Bank balance other than cash and cash equivalents	125657000
	Loans, current	3956000
	Other current financial assets	52174000
	Total current financial assets	2426726000
	Current tax assets (net)
	Other current assets	366414000
	Total current assets	6488135000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	12933632000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	136531000
	Other equity	4456541000
	Total equity attributable to owners of parent	4593072000
	Non controlling interest	949775000
	Total equity	5542847000
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
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	338603000
	Total non-current financial liabilities	1431188000
	Provisions, non-current	141633000
	Deferred tax liabilities (net)	133420000
	Deferred government grants, Non-current	0
	Other non-current liabilities	496000
	Total non-current liabilities	1706737000
	Current liabilities
	Current financial liabilities
	Borrowings, current	2406274000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	55153000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	1033112000
	Total Trade payable	1088265000
	Other current financial liabilities	287807000
	Total current financial liabilities	3782346000
	Other current liabilities	1660964000
	Provisions, current	195820000
	Current tax liabilities (Net)	44918000
	Deferred government grants, Current	0
	Total current liabilities	5684048000
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	7390785000
	Total equity and liabilites	12933632000
	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	Filtration, Drying and Other Equipment	1090315000	3139151000
2	Glass Lined Equipment	1678650000	5821324000
3	Heat Transfer Equipment	539910000	1221499000
4	Unallocable Revenue	28197000	93894000
	Total Segment Revenue	3337072000	10275868000
	Less: Inter segment revenue	0	0
	Revenue from operations	3337072000	10275868000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Filtration, Drying and Other Equipment	121652000	366434000
2	Glass Lined Equipment	181512000	535122000
3	Heat Transfer Equipment	167121000	235827000
4	Unallocable Revenue	0	0
	Total Profit before tax	470285000	1137383000
	i. Finance cost	93163000	93163000
	ii. Other Unallocable Expenditure net off Unallocable income	5108000	5108000
	Profit before tax	372014000	750674000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Filtration, Drying and Other Equipment	3437535000	3437535000
2	Glass Lined Equipment	5661724000	5661724000
3	Heat Transfer Equipment	3630387000	3630387000
4	Unallocable Revenue	0	0
	Total Segment Asset	12729646000	12729646000
	Un-allocable Assets	203986000	203986000
	Net Segment Asset	12933632000	12933632000
4	Segment Liabilities
	Segment Liabilities
1	Filtration, Drying and Other Equipment	1219497000	1219497000
2	Glass Lined Equipment	1845133000	1845133000
3	Heat Transfer Equipment	1098101000	1098101000
4	Unallocable Revenue	0	0
	Total Segment Liabilities	4162731000	4162731000
	Un-allocable Liabilities	3228054000	3228054000
	Net Segment Liabilities	7390785000	7390785000
	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	Remeasurements of Defined benefit plans	-703000	-6193000
	Total Amount of items that will not be reclassified to profit and loss	-703000	-6193000
2	Income tax relating to items that will not be reclassified to profit or loss	-165000	-873000
3	Amount of items that will be reclassified to profit and loss
1	Exchange difference in translating the financial n statements of foreign components	55854000	37206000
	Total Amount of items that will be reclassified to profit and loss	55854000	37206000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	55316000	31886000

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			750674000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			361934000
	Adjustments for decrease (increase) in inventories			-573504000
	Adjustments for decrease (increase) in trade receivables, current			462540000
	Adjustments for decrease (increase) in trade receivables, non-current			4217000
	Adjustments for decrease (increase) in other current assets			-151270000
	Adjustments for decrease (increase) in other non-current assets			3560000
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-174522000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			33080000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			435735000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			296728000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			19138000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			17061000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			4757000
	Adjustments for dividend income			0
	Adjustments for interest income			14444000
	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)			0
	Other adjustments for non-cash items			19187000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			744197000
	Net cash flows from (used in) operations			1494871000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			151258000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			1343613000
	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			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			512000
	Purchase of property, plant and equipment			663862000
	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			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			16654000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-37113000
	Net cash flows from (used in) investing activities	-683809000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			1344000
	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			559354000
	Repayments of borrowings			620182000
	Payments of lease liabilities			69820000
	Dividends paid			77467000
	Interest paid			318472000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			3270000
	Net cash flows from (used in) financing activities			-596747000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			63057000
	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			63055000
	Cash and cash equivalents cash flow statement at beginning of period			332858000
	Cash and cash equivalents cash flow statement at end of period			395913000