Integrated Filing — IndAS



General information about company
Scrip Code 534328
NSE Symbol HEXATRADEX
MSEI Symbol NOTLISTED
ISIN INE750M01017
Name of company HEXA TRADEX 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 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-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 27-May-2025   04:30:00
End date and time of board meeting 27-May-2025   05:30:00
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 2024-11-12
Indicate Company website link for updated RPT policy of the Company https://hexatradex.com/new/wp-content/uploads/2024/11/POLICY-ON-RELATED-PARTY-TRANSACTIONS_Updated.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
No such event in relevant quarter



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 101000 200000
Other income 16000 67525000
Total income 117000 67725000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 5337000 18726000
(e) Finance costs 2749000 10188000
(f) Depreciation, depletion and amortisation expense 23000 91000
(f) Other Expenses
1 Other expenses 3440000 9467000
Total other expenses 3440000 9467000
Total expenses 11549000 38472000
3 Total profit before exceptional items and tax -11432000 29253000
4 Exceptional items 0 0
5 Total profit before tax -11432000 29253000
6 Tax expense
7 Current tax 25000 25000
8 Deferred tax -473000 10441000
9 Total tax expenses -448000 10466000
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 -10984000 18787000
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 -10984000 18787000
17 Other comprehensive income net of taxes 694319000 8368670000
18 Total Comprehensive Income for the period 683335000 8387457000
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 110491000 110491000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 37401617000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.2 0.34
Diluted earnings (loss) per share from continuing operations -0.2 0.34
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 -0.2 0.34
Diluted earnings (loss) per share from continuing and discontinued operations -0.2 0.34
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) Notes: n n1.tThe Company has two primary business segments viz. trading & other activities and investment & finance on standalone basis. n n2.tThe delisting of equity shares of Hexa Tradex Limited initiated by the acquirers has been substantially completed including payment to all shareholders who offered their shares under this process. The necessary final application for delisting of shares has been filed with BSE and NSE which is pending for approval. n n3.tThe SEBI had issued Show Cause Notice (SCN) bearing reference no. SEBI/HO/CFID/-SEC1/P/OW/2024 /10765/1 dated March 18, 2024 alleging violation of certain provisions of SEBI Act and the regulations made thereunder to the company and other noticees, who have filed their settlement applications and also reply to the SCN. The matter is pending for disposal with SEBI. n n n4.tThe figures of the quarter ended March 31, 2025 and March 31, 2024 are the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures upto third quarter of the respective financial year which were subject to limited review by the auditor. n n5.tThese results are reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on May 27, 2025. 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 Standalone
Assets
1 Non-current assets
Property, plant and equipment 27000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 254000
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 43487381000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 0
Total non-current financial assets 43487381000
Deferred tax assets (net) 0
Other non-current assets 0
Total non-current assets 43487662000
2 Current assets
Inventories 0
Current financial asset
Current investments 0
Trade receivables, current 0
Cash and cash equivalents 324000
Bank balance other than cash and cash equivalents 0
Loans, current 111000
Other current financial assets 0
Total current financial assets 435000
Current tax assets (net) 3148000
Other current assets 6763000
Total current assets 10346000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 43498008000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 110491000
Other equity 37401617000
Total equity attributable to owners of parent 37512108000
Non controlling interest
Total equity 37512108000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 121610000
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 0
Total non-current financial liabilities 121610000
Provisions, non-current 2321000
Deferred tax liabilities (net) 5853175000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 5977106000
Current liabilities
Current financial liabilities
Borrowings, current 0
Trade payables, 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 current financial liabilities 1353000
Total current financial liabilities 1353000
Other current liabilities 2374000
Provisions, current 5067000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 8794000
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 5985900000
Total equity and liabilites 43498008000
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 Trading and other activities 101000 101000
2 Investment and finance 0 99000
Total Segment Revenue 101000 200000
Less: Inter segment revenue 0 0
Revenue from operations 101000 200000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Trading and other activities -8699000 -28183000
2 Investment and finance 0 99000
Total Profit before tax -8699000 -28084000
i. Finance cost 2749000 2749000
ii. Other Unallocable Expenditure net off Unallocable income -16000 -16000
Profit before tax -11432000 29253000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Trading and other activities 7479000 7479000
2 Investment and finance 43487381000 43487381000
Total Segment Asset 43494860000 43494860000
Un-allocable Assets 3148000 3148000
Net Segment Asset 43498008000 43498008000
4 Segment Liabilities
Segment Liabilities
1 Trading and other activities 3727000 3727000
2 Investment and finance 121610000 121610000
Total Segment Liabilities 125337000 125337000
Un-allocable Liabilities 5860563000 5860563000
Net Segment Liabilities 5985900000 5985900000
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 Re-measurement gains/(losses) on defined benefit plans -11000 -18000
2 Gain/(loss) on fair valuation of non-current investments 810183000 6263193000
Total Amount of items that will not be reclassified to profit and loss 810172000 6263175000
2 Income tax relating to items that will not be reclassified to profit or loss 115853000 -2105495000
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 694319000 8368670000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
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 29253000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 10188000
Adjustments for decrease (increase) in inventories 0
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 -1067000
Adjustments for decrease (increase) in other non-current assets 0
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 2550000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 91000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
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 0
Adjustments for dividend income 99000
Adjustments for interest income 0
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 -67521000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -55858000
Net cash flows from (used in) operations -26605000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 24000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -26629000
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 0
Purchase of property, plant and equipment 25000
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 99000
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities 74000
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 27800000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 1021000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 26779000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 224000
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 224000
Cash and cash equivalents cash flow statement at beginning of period 100000
Cash and cash equivalents cash flow statement at end of period 324000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Lodha & Co, LLP Yes 31-Mar-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Hexa Tradex Limited Rishabh Kanagat Other related party Purchase of goods or services 1800000 Approved, if required 631000 0 0
2 Hexa Tradex Limited Bhawana Srivastava Other related party Purchase of goods or services 500000 Approved, if required 185000 0 0
3 Hexa Tradex Limited Pravesh Srivastava Company Secretary Any other transaction Reimbursement 100000 Approved, if required 48000 0 0
4 Hexa Tradex Limited Neeraj Kanagat Other related party Any other transaction Reimbursement 500000 Approved, if required 21000 0 0
5 Hexa Tradex Limited Jindal Saw Limited Other related party Any other transaction Reimbursement 500000000 Approved, if required 2180000 1789000 0
6 Hexa Tradex Limited Jindal Saw Limited Other related party Any other transaction Reimbursement 500000000 Approved, if required 25000 0 0
7 Hexa Tradex Limited Siddeshwari Tradex Private Limited Other related party Loan 750000000 Approved, if required 13000000 99444000 121610000 Loan 0 0 Inter-corporate deposit 0.1039 5 Years Unsecured Day to day/working capital requirment
8 Hexa Tradex Limited JSW Steel Limited Other related party Dividend received 0 No Approval required 0 0 0
9 Hexa Tradex Limited Girish Sharma Independent Director Any other transaction Director Sitting Fee 0 No Approval required 70000 0 0
10 Hexa Tradex Limited Vinita Jha Independent Director Any other transaction Director Sitting Fee 0 No Approval required 20000 0 0
11 Hexa Tradex Limited Abhiram Tayal Independent Director Any other transaction Director Sitting Fee 0 No Approval required 20000 0 0
12 Hexa Tradex Limited Ravindranath Leekha Independent Director Any other transaction Director Sitting Fee 0 No Approval required 80000 0 9000
13 Hexa Tradex Limited Siddeshwari Tradex Private Limited Other related party Any other transaction Interest paid 0 No Approval required 5396000 4789000 10185000
14 Hexa Tradex Limited Jindal Strips Limited Other related party Sale of goods or services 200000 Approved, if requied 101000 0 0
15 Hexa Securities and Finance Company Limited Shubham Agrahri Company Secretary Any other transaction Reimbursement 0 No approval required 77000 0 0
16 Hexa Securities and Finance Company Limited Jindal Saw Limited Other related party Any other transaction Reimbursement 0 No approval required 30000 0 0
17 Hexa Securities and Finance Company Limited Siddeshwari Tradex Private Limited Other related party Loan 750000000 Approved, if requied 309200000 377078000 94928000 Loan 0 0 Inter-corporate deposit 0.1039 5 Years Unsecured Day to day/working capital requirment
18 Hexa Securities and Finance Company Limited Siddeshwari Tradex Private Limited Other related party Interest paid 0 No approval required 9135000 19809000 28944000
19 Hexa Securities and Finance Company Limited Jindal Stainless Limited Other related party Dividend received 0 No approval required 14547000 30506000 45053000
20 Hexa Securities and Finance Company Limited Nalwa Investments Limited Other related party Sale of goods or services 0 No approval required 361000 0 0
21 Hexa Securities and Finance Company Limited JITF Commodity Tradex Limited Other related party Any other transaction Sale of investment 0 No approval required 8000000 0 7997000
22 Hexa Securities and Finance Company Limited Hexa Tradex Limited Holding Company Any other transaction Reimbursement 0 No approval required 22000 0 0
Total value of transaction during the reporting period 363149000