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 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 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



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 15009000 45614000
Other income 2280000 78936000
Total income 17289000 124550000
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 5207000 19882000
(e) Finance costs 4723000 39135000
(f) Depreciation, depletion and amortisation expense 23000 91000
(f) Other Expenses
1 Loss/(gain) on fair valuation of non-current investments 36849000 73394000
2 Other expenses 3674000 10027000
Total other expenses 40523000 83421000
Total expenses 50476000 142529000
3 Total profit before exceptional items and tax -33187000 -17979000
4 Exceptional items 0 0
5 Total profit before tax -33187000 -17979000
6 Tax expense
7 Current tax 3383000 5995000
8 Deferred tax 368000 225497000
9 Total tax expenses 3751000 231492000
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 -36938000 -249471000
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 -36938000 -249471000
17 Other comprehensive income net of taxes -771893000 6716063000
18 Total Comprehensive Income for the period -808831000 6466592000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0 0
Total profit or loss, attributable to non-controlling interests 0 0
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 110491000 110491000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 44676760000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.67 -4.52
Diluted earnings (loss) per share from continuing operations -0.67 -4.52
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 -0.67 -4.52
Diluted earnings (loss) per share from continuing and discontinued operations -0.67 -4.52
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 Group has two primary business segments viz. trading & other activities and investment & finance on consolidated 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 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 n4.tThe Group consolidated financial results includes the results of the following entities: n nRelationshiptName of the Entities nHolding CompanytHexa Tradex Limited nSubsidiariestDirect Subsidiaries nHexa Securities and Finance Company Limited n n5.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 n6.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 Consolidated
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 51710838000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 0
Total non-current financial assets 51710838000
Deferred tax assets (net) 0
Other non-current assets 0
Total non-current assets 51711119000
2 Current assets
Inventories 0
Current financial asset
Current investments 0
Trade receivables, current 0
Cash and cash equivalents 398000
Bank balance other than cash and cash equivalents 0
Loans, current 111000
Other current financial assets 0
Total current financial assets 509000
Current tax assets (net) 5443000
Other current assets 27934000
Total current assets 33886000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 51745005000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 110491000
Other equity 44676760000
Total equity attributable to owners of parent 44787251000
Non controlling interest
Total equity 44787251000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 216538000
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 216538000
Provisions, non-current 2322000
Deferred tax liabilities (net) 6726955000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 6945815000
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 1588000
Total current financial liabilities 1588000
Other current liabilities 5283000
Provisions, current 5068000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 11939000
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 6957754000
Total equity and liabilites 51745005000
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 Trading and other activities 462000 462000
2 Investment and finance 51092000 45152000
Total Segment Revenue 51554000 45614000
Less: Inter segment revenue 0 0
Revenue from operations 51554000 45614000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Trading and other activities -8340000 -27824000
2 Investment and finance -22404000 -29956000
Total Profit before tax -30744000 -57780000
i. Finance cost 4723000 4723000
ii. Other Unallocable Expenditure net off Unallocable income -2280000 -2280000
Profit before tax -33187000 -17979000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Trading and other activities 7479000 7479000
2 Investment and finance 51718941000 51718941000
Total Segment Asset 51726420000 51726420000
Un-allocable Assets 18585000 18585000
Net Segment Asset 51745005000 51745005000
4 Segment Liabilities
Segment Liabilities
1 Trading and other activities 3727000 3727000
2 Investment and finance 219682000 219682000
Total Segment Liabilities 223409000 223409000
Un-allocable Liabilities 6734345000 6734345000
Net Segment Liabilities 6957754000 6957754000
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 Re-measurement gains/(losses) on defined benefit plans -175000 -18000
2 Gain/(loss) on fair valuation of non-current investments -900540000 4621568000
Total Amount of items that will not be reclassified to profit and loss -900715000 4621550000
2 Income tax relating to items that will not be reclassified to profit or loss -128822000 -2094513000
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 -771893000 6716063000



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 Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax -17979000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 39135000
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 -8928000
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 -1191000
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 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 45152000
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 73394000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -69785000
Other adjustments to reconcile profit (loss) 0
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) -12436000
Net cash flows from (used in) operations -30415000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) -255275000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 224860000
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 8000000
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 45152000
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities 53127000
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 38600000
Repayments of borrowings 312500000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 3918000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -277818000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 169000
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 169000
Cash and cash equivalents cash flow statement at beginning of period 229000
Cash and cash equivalents cash flow statement at end of period 398000





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