Integrated Filing — IndAS



General information about company
Scrip Code 500292
NSE Symbol HEIDELBERG
MSEI Symbol NOTLISTED
ISIN INE578A01017
Name of company HeidelbergCement 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 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 21-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 Manufacturing and Sale of Cement
Start date and time of board meeting 28-May-2025   13:00:00
End date and time of board meeting 28-May-2025   15:40:00
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 2025-01-30
Indicate Company website link for updated RPT policy of the Company https://www.mycemco.com/sites/default/files/PDF/Policies/Policy_on_Related_Party_Transactions.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
NA



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 6124600000 21488800000
Other income 112100000 454700000
Total income 6236700000 21943500000
2 Expenses
(a) Cost of materials consumed 1204100000 4067400000
(b) Purchases of stock-in-trade 97700000 209200000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -19300000 142600000
(d) Employee benefit expense 477600000 1569500000
(e) Finance costs 50500000 292900000
(f) Depreciation, depletion and amortisation expense 272400000 1097900000
(f) Other Expenses
1 Power and fuel 1495000000 5594400000
2 Freight and forwarding expense 952100000 3279700000
3 Other expenses 1011000000 4231800000
Total other expenses 3458100000 13105900000
Total expenses 5541100000 20485400000
3 Total profit before exceptional items and tax 695600000 1458100000
4 Exceptional items 0 0
5 Total profit before tax 695600000 1458100000
6 Tax expense
7 Current tax 210400000 469700000
8 Deferred tax -19300000 -79100000
9 Total tax expenses 191100000 390600000
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 504500000 1067500000
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 504500000 1067500000
17 Other comprehensive income net of taxes 2700000 -1100000
18 Total Comprehensive Income for the period 507200000 1066400000
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 2266200000 2266200000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 11685600000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.23 4.71
Diluted earnings (loss) per share from continuing operations 2.23 4.71
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 2.23 4.71
Diluted earnings (loss) per share from continuing and discontinued operations 2.23 4.71
24 Debt equity ratio 0 0.0005
25 Debt service coverage ratio 0 0.0385
26 Interest service coverage ratio 0 0.31
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 13349100000
Capital work-in-progress 1104300000
Investment property 0
Goodwill 0
Other intangible assets 21800000
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 204500000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 292500000
Total non-current financial assets 497000000
Deferred tax assets (net)
Other non-current assets 313400000
Total non-current assets 15285600000
2 Current assets
Inventories 1710400000
Current financial asset
Current investments 0
Trade receivables, current 571800000
Cash and cash equivalents 4535800000
Bank balance other than cash and cash equivalents 245800000
Loans, current 0
Other current financial assets 98400000
Total current financial assets 5451800000
Current tax assets (net) 0
Other current assets 2970000000
Total current assets 10132200000
3 Non-current assets classified as held for sale 1800000
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 25419600000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2266200000
Other equity 11685600000
Total equity attributable to owners of parent 13951800000
Non controlling interest
Total equity 13951800000
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 160300000
Total non-current financial liabilities 160300000
Provisions, non-current 56300000
Deferred tax liabilities (net) 1971000000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 2187600000
Current liabilities
Current financial liabilities
Borrowings, current 648700000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 25400000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2938500000
Total Trade payable 2963900000
Other current financial liabilities 2537200000
Total current financial liabilities 6149800000
Other current liabilities 757700000
Provisions, current 2344400000
Current tax liabilities (Net) 0
Deferred government grants, Current 28300000
Total current liabilities 9280200000
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 11467800000
Total equity and liabilites 25419600000
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
1 Remeasurement gain/(losses) of net defined benefit plans 3600000 -1500000
Total Amount of items that will not be reclassified to profit and loss 3600000 -1500000
2 Income tax relating to items that will not be reclassified to profit or loss 900000 -400000
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 2700000 -1100000



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 1458100000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 274200000
Adjustments for decrease (increase) in inventories 47200000
Adjustments for decrease (increase) in trade receivables, current -21600000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 390800000
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 301600000
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 1097900000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 19600000
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 346100000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -71200000
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 -14700000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 1677700000
Net cash flows from (used in) operations 3135800000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 489300000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 2646500000
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 97000000
Purchase of property, plant and equipment 1093600000
Proceeds from sales of investment property 0
Purchase of investment property 63700000
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 360700000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -25800000
Net cash flows from (used in) investing activities -725400000
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 694000000
Payments of lease liabilities 42300000
Dividends paid 1805900000
Interest paid 170700000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -2712900000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -791800000
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 -791800000
Cash and cash equivalents cash flow statement at beginning of period 5327600000
Cash and cash equivalents cash flow statement at end of period 4535800000





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 S. N. Dhawan & CO LLP Yes 29-Feb-2028


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 HeidelbergCement India Limited Heidelberg Materials AG Enterprise where control exists Purchase of goods or services 190200000 None 190200000 176900000 304600000
2 HeidelbergCement India Limited Heidelberg Materials AG Enterprise where control exists Sale of goods or services 2800000 None 2800000 900000 2000000
3 HeidelbergCement India Limited Zuari Cement Limited Fellow Subsidary Purchase of goods or services 11100000 None 11100000 200000 2000000
4 HeidelbergCement India Limited Zuari Cement Limited Fellow Subsidary Sale of goods or services 44000000 None 44000000 44000000 21700000
5 HeidelbergCement India Limited Mr. Anil Kumar Sharma Key Managerial Personnel Remuneration Remuneration is paid as per the approval of Nomination and Remuneration Committee and Board of Directors. 13800000 0 0
6 HeidelbergCement India Limited Mr. Rajesh Relan Key Managerial Personnel Remuneration Remuneration is paid as per the approval of Nomination and Remuneration Committee and Board of Directors. 2300000 0 0
7 HeidelbergCement India Limited Mr Vimal Kumar Jain Key Managerial Personnel Remuneration Remuneration is paid as per the provisions of the Companies Act, 2013 and Board/Shareholders' Approval. 12200000 0 0
8 HeidelbergCement India Limited Mr.Ravi Arora Key Managerial Personnel Remuneration Remuneration is paid as per the approval of Nomination and Remuneration Committee and Board of Directors. 3000000 0 0
9 HeidelbergCement India Limited Ms. Jyoti Narang Independent Director Any other transaction Sitting Fees Sitting Fees is paid as per the provisions of the Companies Act, 2013 and Board's Approval. 1000000 0 0
10 HeidelbergCement India Limited Mr. Atul Khosla Independent Director Any other transaction Sitting Fees Sitting Fees is paid as per the provisions of the Companies Act, 2013 and Board's Approval. 900000 0 0
Total value of transaction during the reporting period 281300000