Integrated Filing — IndAS



General information about company
Scrip Code 590018
NSE Symbol HISARMETAL
MSEI Symbol NOTLISTED
ISIN INE598C01011
Name of company HISAR METAL INDUSTRIES 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 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 10-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 Single segment
Description of single segment STAINLESS STEEL COLD ROLLING AND STEEL TUBES
Start date and time of board meeting 28-May-2025   10:00:00
End date and time of board meeting 28-May-2025   12:05:00
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 2025-05-28
Indicate Company website link for updated RPT policy of the Company www.hisarmetal.com
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? Yes



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 593000000 2448300000
Other income 5100000 7300000
Total income 598100000 2455600000
2 Expenses
(a) Cost of materials consumed 421100000 1873900000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 12500000 0
(d) Employee benefit expense 22700000 91700000
(e) Finance costs 40400000 86700000
(f) Depreciation, depletion and amortisation expense 7700000 27300000
(f) Other Expenses
1 Other Expenses 88400000 333300000
Total other expenses 88400000 333300000
Total expenses 592800000 2412900000
3 Total profit before exceptional items and tax 5300000 42700000
4 Exceptional items 0 0
5 Total profit before tax 5300000 42700000
6 Tax expense
7 Current tax 1100000 10500000
8 Deferred tax 400000 400000
9 Total tax expenses 1500000 10900000
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 3800000 31800000
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 3800000 31800000
17 Other comprehensive income net of taxes 0 0
18 Total Comprehensive Income for the period 3800000 31800000
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 54000000 54000000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 574100000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.7 5.89
Diluted earnings (loss) per share from continuing operations 0.7 5.89
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 0.7 5.89
Diluted earnings (loss) per share from continuing and discontinued operations 0.7 5.89
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) As per pdf filed 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 290400000
Capital work-in-progress 32300000
Investment property 14800000
Goodwill 0
Other intangible assets 300000
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
Loans, non-current 0
Other non-current financial assets 12900000
Total non-current financial assets 12900000
Deferred tax assets (net)
Other non-current assets
Total non-current assets 350700000
2 Current assets
Inventories 637600000
Current financial asset
Current investments 0
Trade receivables, current 549700000
Cash and cash equivalents 1900000
Bank balance other than cash and cash equivalents 36700000
Loans, current 0
Other current financial assets
Total current financial assets 588300000
Current tax assets (net)
Other current assets 78800000
Total current assets 1304700000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 1655400000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 54000000
Other equity 574100000
Total equity attributable to owners of parent 628100000
Non controlling interest
Total equity 628100000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 209100000
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 2500000
Total non-current financial liabilities 211600000
Provisions, non-current 20200000
Deferred tax liabilities (net) 17400000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 249200000
Current liabilities
Current financial liabilities
Borrowings, current 494600000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 4700000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 218600000
Total Trade payable 223300000
Other current financial liabilities 54800000
Total current financial liabilities 772700000
Other current liabilities
Provisions, current 5400000
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 778100000
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 1027300000
Total equity and liabilites 1655400000
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)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
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
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 0 0
5 Total Other comprehensive income 0 0



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 42700000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 86600000
Adjustments for decrease (increase) in inventories 31300000
Adjustments for decrease (increase) in trade receivables, current -48900000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 99400000
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 15800000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -96400000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 27300000
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 0
Adjustments for interest income 8900000
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 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 106200000
Net cash flows from (used in) operations 148900000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 15900000
Other inflows (outflows) of cash -1000000
Net cash flows from (used in) operating activities 132000000
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 1300000
Purchase of property, plant and equipment 65600000
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 800000
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 8900000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -56200000
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 11100000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 5400000
Interest paid 86600000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 300000
Net cash flows from (used in) financing activities -80600000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -4800000
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 -4800000
Cash and cash equivalents cash flow statement at beginning of period 43400000
Cash and cash equivalents cash flow statement at end of period 38600000





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 RAM SANJAY AND COMPANY Yes 31-Oct-2026


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 HISAR METAL INDUSTRIES LIMITED Sh. Abhiram Tayal Promoters Interest paid 704000 NIL 704000 12429000 11725000
2 HISAR METAL INDUSTRIES LIMITED Sh. Abhiram Tayal Promoters Remuneration 760000 NIL 760000 110000 110000
3 HISAR METAL INDUSTRIES LIMITED Sh. Karan Dev Tayal Promoters Group Interest paid 300000 NIL 300000 5300000 5000000
4 HISAR METAL INDUSTRIES LIMITED Sh. Karan Dev Tayal Promoters Group Remuneration 2261000 NIL 2261000 283000 283000
5 HISAR METAL INDUSTRIES LIMITED Sh. Mahabir Parsad Jindal Promoters Interest paid 3113000 NIL 3113000 60613000 57500000
6 HISAR METAL INDUSTRIES LIMITED Smt. Anubha Tayal Promoters Group Interest paid 181000 NIL 181000 3207000 3025000
7 HISAR METAL INDUSTRIES LIMITED Jindal Metal Private Limited Promoters Group Any other transaction Rent Paid Lease amount 750000 NIL 750000 0 0
8 HISAR METAL INDUSTRIES LIMITED Jindal Polybutton Private Limited Associates Purchase of goods or services 33000 NIL 33000 34000 0
9 HISAR METAL INDUSTRIES LIMITED Jindal Polybutton Private Limited Associates Sale of goods or services 331000 NIL 331000 0 6000
10 HISAR METAL INDUSTRIES LIMITED Amtrex Trading Company Pvt Ltd Promoters Group Interest paid 923000 NIL 923000 16305000 17043000
11 HISAR METAL INDUSTRIES LIMITED Akanksha Chugh and Associates, Hisar Other Related Party Any other transaction Consultancy Fees Paid 368000 NIL 368000 30000 43000
12 HISAR METAL INDUSTRIES LIMITED Sh. Radhey Shyam Bansal Key management personnel of entity or parent Remuneration 1110000 NIL 1110000 108000 135000
13 HISAR METAL INDUSTRIES LIMITED Sh Vishesh Kumar Chugh Key management personnel of entity or parent Remuneration 690000 NIL 690000 88000 88000
14 HISAR METAL INDUSTRIES LIMITED Ravindra Tubes Private Ltd Promoters Group Sale of goods or services 0 NIL 0 64000 0
15 HISAR METAL INDUSTRIES LIMITED Mahabir Prasad Jindal Promoters Any other transaction Sitting Fees 10000 NIL 10000 0 0
16 HISAR METAL INDUSTRIES LIMITED Neeraj Kumar Jindal Promoters group Any other transaction Sitting Fees 10000 NIL 10000 0 0
17 HISAR METAL INDUSTRIES LIMITED Pankaj Jindal Promoters group Any other transaction Sitting Fees 20000 NIL 20000 0 0
18 HISAR METAL INDUSTRIES LIMITED Anubha Tayal Promoters group Any other transaction Sitting Fees 20000 NIL 20000 0 0
19 HISAR METAL INDUSTRIES LIMITED Sandeep Garg Independent Director Any other transaction Sitting Fees 20000 NIL 20000 0 0
20 HISAR METAL INDUSTRIES LIMITED Sanjay Kumar Jain Independent Director Any other transaction Sitting Fees 20000 NIL 20000 0 0
21 HISAR METAL INDUSTRIES LIMITED Rajender Kumar Leekha Independent Director Any other transaction Sitting Fees 20000 NIL 20000 0 0
22 HISAR METAL INDUSTRIES LIMITED Parduman Kumar Sandhir Independent Director Any other transaction Sitting Fees 20000 NIL 20000 0 0
23 HISAR METAL INDUSTRIES LIMITED Ritesh Mohan Jindal Independent Director Any other transaction Sitting Fees 20000 NIL 20000 0 0
24 HISAR METAL INDUSTRIES LIMITED Sanjeev Goyal Independent Director Any other transaction Sitting Fees 20000 NIL 20000 0 0
Total value of transaction during the reporting period 11704000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date 703700000
B Of the total amount outstanding, amount of default as on date 0
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date 0
B Of the total amount outstanding, amount of default as on date 0
3. Total financial indebtedness of the listed entity including short-term and long-term debt 703700000