Integrated Filing — IndAS

General information about company
Scrip Code	509631
NSE Symbol	HEG
MSEI Symbol	NOTLISTED
ISIN	INE545A01024
Name of company	HEG 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	24-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	19-May-2025   13:30:00
End date and time of board meeting	19-May-2025   17:30:00
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	5422500000	21596900000
	Other income	480200000	1275700000
	Total income	5902700000	22872600000
2	Expenses
(a)	Cost of materials consumed	2435300000	9547300000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-352900000	-509700000
(d)	Employee benefit expense	322500000	1036700000
(e)	Finance costs	120100000	392000000
(f)	Depreciation, depletion and amortisation expense	545900000	2005900000
(f)	Other Expenses
1	Power and fuel	783700000	3316700000
2	Other expenses	2788600000	5654800000
	Total other expenses	3572300000	8971500000
	Total expenses	6643200000	21443700000
3	Total profit before exceptional items and tax	-740500000	1428900000
4	Exceptional items	0	0
5	Total profit before tax	-740500000	1428900000
6	Tax expense
7	Current tax	207100000	482600000
8	Deferred tax	-316400000	-29500000
9	Total tax expenses	-109300000	453100000
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	-631200000	975800000
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	-105500000	174800000
16	Total profit (loss) for period	-736700000	1150600000
17	Other comprehensive income net of taxes	-9900000	-3900000
18	Total Comprehensive Income for the period	-746600000	1146700000
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	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	386000000	386000000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		44151700000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-3.82	5.96
	Diluted earnings (loss) per share from continuing operations	-3.82	5.96
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	-3.82	5.96
	Diluted earnings (loss) per share from continuing and discontinued operations	-3.82	5.96
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Note The above Consolidated financial results have been reviewed by Audit Committee and approved by Board of Directors of the Holding Company in their respective meetings held on 19th May 2025. The Statutory Auditors have expressed an unmodified opinion on the aforesaid results. 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	18922000000
	Capital work-in-progress	708900000
	Investment property	64800000
	Goodwill	9300000
	Other intangible assets	11900000
	Intangible assets under development	4900000
	Biological assets other than bearer plants
	Investments accounted for using equity method	5892700000
	Non-current financial assets
	Non-current investments	4178900000
	Trade receivables, non-current
	Loans, non-current	9700000
	Other non-current financial assets	532900000
	Total non-current financial assets	4721500000
	Deferred tax assets (net)	1053900000
	Other non-current assets	526100000
	Total non-current assets	31916000000
2	Current assets
	Inventories	12546400000
	Current financial asset
	Current investments	3930700000
	Trade receivables, current	4447000000
	Cash and cash equivalents	507600000
	Bank balance other than cash and cash equivalents	962800000
	Loans, current	8300000
	Other current financial assets	688500000
	Total current financial assets	10544900000
	Current tax assets (net)
	Other current assets	1474300000
	Total current assets	24565600000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	56481600000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	386000000
	Other equity	44151700000
	Total equity attributable to owners of parent	44537700000
	Non controlling interest
	Total equity	44537700000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	22300000
	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
	Total non-current financial liabilities	22300000
	Provisions, non-current	68000000
	Deferred tax liabilities (net)	949300000
	Deferred government grants, Non-current
	Other non-current liabilities	49500000
	Total non-current liabilities	1089100000
	Current liabilities
	Current financial liabilities
	Borrowings, current	5848600000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	110900000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	3882000000
	Total Trade payable	3992900000
	Other current financial liabilities	645400000
	Total current financial liabilities	10486900000
	Other current liabilities	179900000
	Provisions, current	45900000
	Current tax liabilities (Net)	142100000
	Deferred government grants, Current
	Total current liabilities	10854800000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	11943900000
	Total equity and liabilites	56481600000
	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	Graphite	5262700000	21200500000
2	Power	103100000	326600000
3	Others	56700000	69800000
	Total Segment Revenue	5422500000	21596900000
	Less: Inter segment revenue	0	0
	Revenue from operations	5422500000	21596900000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Graphite	904600000	2166100000
2	Power	43800000	157700000
3	Others	7000000	-17600000
	Total Profit before tax	955400000	2306200000
	i. Finance cost	120000000	120000000
	ii. Other Unallocable Expenditure net off Unallocable income	1575900000	1575900000
	Profit before tax	-740500000	1428900000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Graphite	38611400000	38611400000
2	Power	210500000	210500000
3	Others	0	0
	Total Segment Asset	38821900000	38821900000
	Un-allocable Assets	17659700000	17659700000
	Net Segment Asset	56481600000	56481600000
4	Segment Liabilities
	Segment Liabilities
1	Graphite	10652600000	10652600000
2	Power	25000000	25000000
3	Others	0	0
	Total Segment Liabilities	10677600000	10677600000
	Un-allocable Liabilities	1266300000	1266300000
	Net Segment Liabilities	11943900000	11943900000
	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 Employee Defined Benefit Plan	-9500000	-500000
	Total Amount of items that will not be reclassified to profit and loss	-9500000	-500000
2	Income tax relating to items that will not be reclassified to profit or loss	-2400000	-100000
3	Amount of items that will be reclassified to profit and loss
1	Share of Other Comprehensive Income of Associates	-2800000	-3500000
	Total Amount of items that will be reclassified to profit and loss	-2800000	-3500000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-9900000	-3900000

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			1428900000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			357500000
	Adjustments for decrease (increase) in inventories			-656100000
	Adjustments for decrease (increase) in trade receivables, current			0
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			340600000
	Adjustments for decrease (increase) in other non-current assets			-396200000
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			0
	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			2005900000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-39000000
	Adjustments for provisions, non-current			13400000
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			29600000
	Adjustments for dividend income			19000000
	Adjustments for interest income			162200000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			465300000
	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)			-124400000
	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)			1815400000
	Net cash flows from (used in) operations			3244300000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			447200000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			2797100000
	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			372800000
	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			33200000
	Purchase of property, plant and equipment			1822300000
	Proceeds from sales of investment property			5674300000
	Purchase of investment property			7786300000
	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			19300000
	Interest received			281400000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			1888700000
	Net cash flows from (used in) investing activities	-2084500000
	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			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			376300000
	Payments of lease liabilities			5200000
	Dividends paid			872500000
	Interest paid			337500000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-1591500000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-878900000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-878900000
	Cash and cash equivalents cash flow statement at beginning of period			1386500000
	Cash and cash equivalents cash flow statement at end of period			507600000