Integrated Filing — IndAS

General information about company
Scrip Code	523398
NSE Symbol	JCHAC
MSEI Symbol	NOTLISTED
ISIN	INE782A01015
Name of company	Johnson Controls - Hitachi Air Conditioning India 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	20-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	02-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	20-May-2025   12:00:00
End date and time of board meeting	20-May-2025   15:30:00
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
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	2024-05-23
Indicate Company website link for updated RPT policy of the Company	https://buy.hitachiaircon.in/cms/materials/3f846d49e9.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
There is no default in Loan and no Debt securities issued by the Company.

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	9325700000	27564600000
	Other income	35800000	257400000
	Total income	9361500000	27822000000
2	Expenses
(a)	Cost of materials consumed	5921600000	17166400000
(b)	Purchases of stock-in-trade	1135500000	2817300000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-549700000	-600300000
(d)	Employee benefit expense	524800000	1935400000
(e)	Finance costs	14900000	56500000
(f)	Depreciation, depletion and amortisation expense	175000000	695300000
(f)	Other Expenses
1	Other Expenses	1376500000	4928900000
	Total other expenses	1376500000	4928900000
	Total expenses	8598600000	26999500000
3	Total profit before exceptional items and tax	762900000	822500000
4	Exceptional items	0	0
5	Total profit before tax	762900000	822500000
6	Tax expense
7	Current tax	6000000	23100000
8	Deferred tax	196200000	211100000
9	Total tax expenses	202200000	234200000
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	560700000	588300000
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	560700000	588300000
17	Other comprehensive income net of taxes	-10700000	-8200000
18	Total Comprehensive Income for the period	550000000	580100000
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	271900000	271900000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		6137900000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	20.6	21.6
	Diluted earnings (loss) per share from continuing operations	20.6	21.6
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	20.6	21.6
	Diluted earnings (loss) per share from continuing and discontinued operations	20.6	21.6
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	3310500000
	Capital work-in-progress	84800000
	Investment property	7800000
	Goodwill	0
	Other intangible assets	18600000
	Intangible assets under development	1700000
	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	28600000
	Total non-current financial assets	28600000
	Deferred tax assets (net)	470900000
	Other non-current assets	360400000
	Total non-current assets	4283300000
2	Current assets
	Inventories	7731100000
	Current financial asset
	Current investments	0
	Trade receivables, current	4195300000
	Cash and cash equivalents	1373700000
	Bank balance other than cash and cash equivalents	600000
	Loans, current	700000
	Other current financial assets	347400000
	Total current financial assets	5917700000
	Current tax assets (net)	0
	Other current assets	59600000
	Total current assets	13708400000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	17991700000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	271900000
	Other equity	6137900000
	Total equity attributable to owners of parent	6409800000
	Non controlling interest
	Total equity	6409800000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	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	245900000
	Total non-current financial liabilities	245900000
	Provisions, non-current	491100000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	113900000
	Total non-current liabilities	850900000
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	801500000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	7637700000
	Total Trade payable	8439200000
	Other current financial liabilities	432100000
	Total current financial liabilities	8871300000
	Other current liabilities	734100000
	Provisions, current	1125600000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	10731000000
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	11581900000
	Total equity and liabilites	17991700000
	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	Cooling products for comfort and commercial use	9185400000	27022900000
2	Design and Development services	225500000	845600000
	Total Segment Revenue	9410900000	27868500000
	Less: Inter segment revenue	85200000	85200000
	Revenue from operations	9325700000	27564600000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Cooling products for comfort and commercial use	754400000	779000000
2	Design and Development services	23400000	100000000
	Total Profit before tax	777800000	879000000
	i. Finance cost	14900000	14900000
	ii. Other Unallocable Expenditure net off Unallocable income	0	0
	Profit before tax	762900000	822400000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Cooling products for comfort and commercial use	15222900000	15222900000
2	Design and Development services	1123200000	1123200000
	Total Segment Asset	16346100000	16346100000
	Un-allocable Assets	1645600000	1645600000
	Net Segment Asset	17991700000	17991700000
4	Segment Liabilities
	Segment Liabilities
1	Cooling products for comfort and commercial use	11470000000	11470000000
2	Design and Development services	111900000	111900000
	Total Segment Liabilities	11581900000	11581900000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	11581900000	11581900000
	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
	Total Amount of items that will not be reclassified to profit and loss
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
3	Amount of items that will be reclassified to profit and loss
1	Remeasurement of post employment benefit obligations (Loss) Gain	-14300000	-10900000
2	Income tax relating to remeasurement of post employment benefit obligations	3600000	2700000
	Total Amount of items that will be reclassified to profit and loss	-10700000	-8200000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-10700000	-8200000

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			822500000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			56500000
	Adjustments for decrease (increase) in inventories			-1170600000
	Adjustments for decrease (increase) in trade receivables, current			-425100000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-3100000
	Adjustments for decrease (increase) in other non-current assets			-38000000
	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			642400000
	Adjustments for increase (decrease) in other non-current liabilities			156700000
	Adjustments for depreciation and amortisation expense			695300000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			224900000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			9200000
	Adjustments for dividend income			0
	Adjustments for interest income			145900000
	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			-40200000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-37900000
	Net cash flows from (used in) operations			784600000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-47900000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			832500000
	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			36500000
	Purchase of property, plant and equipment			186300000
	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			145300000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			3100000
	Net cash flows from (used in) investing activities	-1400000
	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			0
	Payments of lease liabilities			175600000
	Dividends paid			0
	Interest paid			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-175600000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			655500000
	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			655500000
	Cash and cash equivalents cash flow statement at beginning of period			718200000
	Cash and cash equivalents cash flow statement at end of period			1373700000