Integrated Filing — IndAS



General information about company
Scrip Code 000000
NSE Symbol HINDCON
MSEI Symbol NA
ISIN INE642Y01029
Name of company HINDCON CHEMICALS 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 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-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 Sodium Silicate and Construction Chemicals
Start date and time of board meeting 30-May-2025   12:30:00
End date and time of board meeting 30-May-2025   15:05:00
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 2025-01-29
Indicate Company website link for updated RPT policy of the Company www.hindcon.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? No
Not Applicable



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 154440000 565868000
Other income 648000 19606000
Total income 155088000 585474000
2 Expenses
(a) Cost of materials consumed 105885000 355704000
(b) Purchases of stock-in-trade 0 43971000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1164000 -57000
(d) Employee benefit expense 14274000 55361000
(e) Finance costs 496000 772000
(f) Depreciation, depletion and amortisation expense 2280000 8198000
(f) Other Expenses
1 Other Expenses 22446000 67960000
Total other expenses 22446000 67960000
Total expenses 146545000 531909000
3 Total profit before exceptional items and tax 8543000 53565000
4 Exceptional items 0 0
5 Total profit before tax 8543000 53565000
6 Tax expense
7 Current tax 3494000 14419000
8 Deferred tax -1535000 -464000
9 Total tax expenses 1959000 13955000
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 6584000 39610000
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 6584000 39610000
17 Other comprehensive income net of taxes 1065000 2266000
18 Total Comprehensive Income for the period 7649000 41876000
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 102381000 102381000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.12 0.77
Diluted earnings (loss) per share from continuing operations 0.12 0.77
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 0.12 0.77
Diluted earnings (loss) per share from continuing and discontinued operations 0.12 0.77
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) 1. These standalone financial results have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standard Ind AS prescribed under sec 133 of the Companies Act 2013 and read with the relevant rules issued thereunder and the other accounting principles generally accepteed in India n n2. The above standalone financial results have been reviewed by the Audit Committee & approved by the Board of Directors at their respective adjourned meetings held on May 30 2025 n n3. The Statutory Auditors have carried out Audit on the aforesaid financial results and have expressed an unqualified audit opinion and the said report of Auditors was placed before the Board and was noted by the Directors n n4. As the Company's business activity falls within a single significant primary business segment i.e sodium silicate & construction chemicals, no seperate segment information is disclosed. These in the context of Ind AS 108 on Operating Segments Reporting are considered to constitute one segment & hence the company has not made any additional segment disclosures n n5. Figures for the quarter ended March 31 2025 and March 31 2024 are the balancing figures between audited figures in respect of the full financial year and published year to date figures upto the third quarter of the respective financial years, which were subject to limited review n n6. The previous period figures have been regrouped to confirm to the current period figures n n7. The company do not have any exceptional item during the above period n n8. Standalone Statement of Assets and Liabilities and Standalone Cash Flow Statement are Annexed herewith



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 71102000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 0
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 4601000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 46936000
Total non-current financial assets 51537000
Deferred tax assets (net) 6624000
Other non-current assets 12016000
Total non-current assets 141279000
2 Current assets
Inventories 19932000
Current financial asset
Current investments 0
Trade receivables, current 216140000
Cash and cash equivalents 60685000
Bank balance other than cash and cash equivalents 78450000
Loans, current 38000000
Other current financial assets 3915000
Total current financial assets 397190000
Current tax assets (net) 17115000
Other current assets 13311000
Total current assets 447548000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 588827000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 102381000
Other equity 397430000
Total equity attributable to owners of parent 499811000
Non controlling interest
Total equity 499811000
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 725000
Total non-current financial liabilities 725000
Provisions, non-current 3826000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 4551000
Current liabilities
Current financial liabilities
Borrowings, current 7654000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 53541000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 53541000
Other current financial liabilities 244000
Total current financial liabilities 61439000
Other current liabilities 8676000
Provisions, current 0
Current tax liabilities (Net) 14350000
Deferred government grants, Current 0
Total current liabilities 84465000
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 89016000
Total equity and liabilites 588827000
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 Remeasurment of the net defined benefit liability/asset,net 1645000 1645000
2 Equity instruments through other comprehensive income,net -33000 945000
3 Fair value change on derivatives designated as cash flow hedges,net 0 0
4 Fair value change on investment,net -547000 -324000
Total Amount of items that will not be reclassified to profit and loss 1065000 2266000
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
5 Total Other comprehensive income 1065000 2266000



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 53565000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 772000
Adjustments for decrease (increase) in inventories -4615000
Adjustments for decrease (increase) in trade receivables, current 4780000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
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 -246000
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 8198000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 1396000
Adjustments for provisions, non-current 1303000
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 1575000
Adjustments for interest income 17230000
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 -344000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 33000
Total adjustments for reconcile profit (loss) -7528000
Net cash flows from (used in) operations 46037000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 17354000
Other inflows (outflows) of cash 2000
Net cash flows from (used in) operating activities 28685000
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 23450000
Proceeds from sales of investment property 5542000
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 2500000
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 1575000
Interest received 15343000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -50379000
Net cash flows from (used in) investing activities -53869000
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 7654000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 5067000
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -770000
Net cash flows from (used in) financing activities 1817000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -23367000
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 -23367000
Cash and cash equivalents cash flow statement at beginning of period 84052000
Cash and cash equivalents cash flow statement at end of period 60685000





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 Anushka Gupta Yes 31-May-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 Hindcon Chemicals Limited Sanjay Goenka Key Managerial Personnel Remuneration NA 4350000 0 -725000
2 Hindcon Chemicals Limited Nilima Goenka Key Managerial Personnel Remuneration NA 1800000 -23000 -298000
3 Hindcon Chemicals Limited Ramsanatan Banerjee Key Managerial Personnel Remuneration NA 530000 -80000 -84000
4 Hindcon Chemicals Limited Kashi Nath Dey Key Managerial Personnel Remuneration NA 294000 -45000 -48000
5 Hindcon Chemicals Limited Ankita Banerjee Key Managerial Personnel Remuneration NA 113000 -23000 0
6 Hindcon Chemicals Limited Vansh Goenka Relative Remuneration NA 1100000 -88000 -223000
7 Hindcon Chemicals Limited Gidhari Lal Goenka Key Managerial Personnel Any other transaction Directors Sitting Fees NA 11000 0 0
8 Hindcon Chemicals Limited Binay Kumar Agarwal Key Managerial Personnel Any other transaction Directors Sitting Fees NA 14000 0 0
9 Hindcon Chemicals Limited Divyaa Newatia Key Managerial Personnel Any other transaction Directors Sitting Fees NA 14000 0 0
10 Hindcon Chemicals Limited Sanjay Goenka Key Managerial Personnel Any other transaction Office rent 180000 NA 60000 0 0
11 Hindcon Chemicals Limited Nilima Goenka Key Managerial Personnel Any other transaction Office rent 180000 NA 90000 0 0
12 Hindcon Chemicals Limited Hindcon Foundation Others Any other transaction CSR NA 138000 0 0
13 Hindcon Chemicals Limited Sanjay Goenka and Others HUF Others Dividend paid NA 256000 0 0
14 Hindcon Chemicals Limited Ravi Goenka Relative Dividend paid NA 2000 0 0
15 Hindcon Chemicals Limited Nilima Goenka Key Managerial Personnel Dividend paid NA 733000 0 0
16 Hindcon Chemicals Limited Sanjay Goenka Key Managerial Personnel Dividend paid NA 953000 0 0
17 Hindcon Chemicals Limited Vansh Goenka Relative Dividend paid NA 289000 0 0
18 Hindcon Chemicals Limited Hindcon Solutions P Ltd Others Dividend paid NA 1283000 0 0
19 Hindcon Chemicals Limited Hindcon Solutions P Ltd Others Dividend received NA 1574000 3935000 3935000
20 Hindcon Chemicals Limited Hindcon Speciality Chemicals LLP Others Any other transaction Capital Contribution NA 50000 0 100000
21 Hindcon Chemicals Limited Hindcon Speciality Chemicals LLP Others Any other transaction Share of loss from LLP NA -16000 0 -33000
22 Hindcon Chemicals Limited RG Fashions P Ltd Others Sale of goods or services NA 129000 23000 0
23 Hindcon Chemicals Limited Vision Speed Works P Ltd Others Sale of goods or services NA 0 0 0
Total value of transaction during the reporting period 13767000