Integrated Filing — IndAS



General information about company
Scrip Code 532847
NSE Symbol HILTON
MSEI Symbol NOTLISTED
ISIN INE788H01017
Name of company HILTON METAL FORGING 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 22-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 ManufacturingofForgingComponents
Start date and time of board meeting 30-May-2025   18:00:00
End date and time of board meeting 30-May-2025   19:55:00
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 2025-02-14
Indicate Company website link for updated RPT policy of the Company https://hiltonmetal.com/corporate-governance/
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
The Company has neither made any default on loans nor raised funds through the issue of debt securities and hence the disclosure is 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 449724000 1630473000
Other income 40294000 51763000
Total income 490018000 1682236000
2 Expenses
(a) Cost of materials consumed 397989000 1434709000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 814000 -39121000
(d) Employee benefit expense 11736000 37703000
(e) Finance costs 17136000 70466000
(f) Depreciation, depletion and amortisation expense 5515000 22297000
(f) Other Expenses
1 Consumable Stores 2848000 11685000
2 Manufacturing Exp 7314000 50528000
3 Repairs to Machinery 195000 2387000
4 Frieght Forwarding Exp 155000 4608000
5 Packing Material 0 89000
6 Administrative Expenses 5638000 25907000
Total other expenses 16150000 95204000
Total expenses 449340000 1621258000
3 Total profit before exceptional items and tax 40678000 60978000
4 Exceptional items 0 0
5 Total profit before tax 40678000 60978000
6 Tax expense
7 Current tax 6869000 10178000
8 Deferred tax -11456000 -10965000
9 Total tax expenses -4587000 -787000
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 45265000 61765000
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 45265000 61765000
17 Other comprehensive income net of taxes 0 0
18 Total Comprehensive Income for the period 45265000 61765000
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 234000000 234000000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 921963000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.93 2.78
Diluted earnings (loss) per share from continuing operations 1.93 2.78
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 1.93 2.78
Diluted earnings (loss) per share from continuing and discontinued operations 1.93 2.78
24 Debt equity ratio 0.0061 0.0061
25 Debt service coverage ratio 0.0314 0.0152
26 Interest service coverage ratio 0.037 0.0218
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) n1 The Company financial results for the quarter and year ended 31st March, 2025 have been reviewed by the audit committee and approved by the Board of Directors in their meeting held on 30-05-2025. The Statutory Auditors have expressed an unmodified audit opinion on these financial results of the Company n n2Financial results of the company have been prepared in accordance with Indian Accounting Standards Ind AS prescribed Under Section 133 of the Companies Act 2013 read with the Companies Indian Accounting Standard Rules 2015 as amended by the Companies Amendment Rule 2016 and in terms of Regulation 33 of SEBI Listing Obligations and Disclosures Requirements Regulations 2015 n n3 The figures of quarter ended March 31 2025 are the balancing figure between the audited figures in respect of the full financial year ended March 31 2025 and reviewed year to date figures upto December 31 2024 being the date of end of the third quarter of the current financial year n n4 The company manufactures forging Components Like flanges and Forged Fittings and management reviews the performance of the company as a single operating segment in accordance with Ind AS 108 Operating Segments notified pursuant to Companies Accounting Standards rule 2015 Accordingly no segment information Segment has been furnished herewith n n5The balance appearing under the head Trade receivable trade payable loans and advances and outstanding balance are subject to confirmation and reconciliation and consequent adjustment if any will be accounted for in the year of confirmation and or reconciliation However the Management does not expect any material variation in the financial results. n n6 The previous period figures have been regrouped re-arranged wherever necessary to make them comparable with those of the Current period n7 The results will be available on the Companys website n 8 The company has no Subsidiary Joint Venture or Associate as on 31st March 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 240139000
Capital work-in-progress 254273000
Investment property
Goodwill 0
Other intangible assets 0
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 50000
Trade receivables, non-current 96195000
Loans, non-current 2529000
Other non-current financial assets
Total non-current financial assets 98774000
Deferred tax assets (net)
Other non-current assets
Total non-current assets 593186000
2 Current assets
Inventories 841081000
Current financial asset
Current investments 0
Trade receivables, current 392006000
Cash and cash equivalents 64638000
Bank balance other than cash and cash equivalents 0
Loans, current 0
Other current financial assets 2069000
Total current financial assets 458713000
Current tax assets (net)
Other current assets 314127000
Total current assets 1613921000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 2207107000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 234000000
Other equity 921963000
Total equity attributable to owners of parent 1155963000
Non controlling interest
Total equity 1155963000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 125096000
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
Total non-current financial liabilities 125096000
Provisions, non-current 10286000
Deferred tax liabilities (net) 7092000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 142474000
Current liabilities
Current financial liabilities
Borrowings, current 484968000
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 286719000
Total Trade payable 286719000
Other current financial liabilities 17970000
Total current financial liabilities 789657000
Other current liabilities 108039000
Provisions, current 795000
Current tax liabilities (Net) 10179000
Deferred government grants, Current
Total current liabilities 908670000
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 1051144000
Total equity and liabilites 2207107000
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
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



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 60978000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 70466000
Adjustments for decrease (increase) in inventories -51973000
Adjustments for decrease (increase) in trade receivables, current -166649000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -72758000
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 74778000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 113489000
Adjustments for increase (decrease) in other non-current liabilities 26616000
Adjustments for depreciation and amortisation expense 22297000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 1041000
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 -1008000
Adjustments for dividend income 0
Adjustments for interest income 15395000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -35330000
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) -34426000
Net cash flows from (used in) operations 26552000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) -787000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 27339000
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 94878000
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 55000000
Purchase of property, plant and equipment 59093000
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 0
Interest received 15395000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 4125000
Net cash flows from (used in) investing activities 110305000
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 15244000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 70466000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -85710000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 51934000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 1008000
Net increase (decrease) in cash and cash equivalents 52942000
Cash and cash equivalents cash flow statement at beginning of period 11697000
Cash and cash equivalents cash flow statement at end of period 64639000





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 M/s. Anil Bansal & Associates 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 Hilton Metal Forging Limited Yashika Malhotra Immediate Relative of Yuvraj Malhotra Loan 3000000 NIL 417000 1100000 683000
2 Hilton Metal Forging Limited Diksha Malhotra Immediate Relative of Yuvraj Malhotra Loan 14000000 NIL 2118000 8282000 7214000
3 Hilton Metal Forging Limited Yuvraj Malhotra Chairman & Managing Director Loan 100000000 NIL 31713000 23731000 18029000
4 Hilton Metal Forging Limited Navraj Malhotra Immediate Relative of Yuvraj Malhotra Loan 500000 NIL 312000 122000 54000
5 Hilton Metal Forging Limited Mohak Malhotra Chief Financial officer Loan 40000000 NIL 11459000 1461000 0
6 Hilton Metal Forging Limited Yashika Malhotra Immediate Relative of Yuvraj Malhotra Remuneration 800000 NIL 0 455000 995000
7 Hilton Metal Forging Limited Navraj Malhotra Immediate Relative of Yuvraj Malhotra Remuneration 1700000 NIL 599000 507000 1106000
8 Hilton Metal Forging Limited Mohak Malhotra Chief Financial officer Remuneration 1000000 NIL 950000 152000 0
9 Hilton Metal Forging Limited Richa Shah Company Secretary and Compliance Officer Remuneration 300000 NIL 85000 105000 244000
10 Hilton Metal Forging Limited Suryakant Mayani Non-Executive Non-Independent Director Any other transaction Sitting Fees 300000 NIL 105000 0 104000
Total value of transaction during the reporting period 47758000