INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol HIGREEN
MSEI Symbol NOTLISTED
ISIN INE0PIC01017
Name of Company HI-GREEN CARBON LIMITED
Type of company SME
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 14-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 10-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Half Yearly
Reporting Quarter Half yearly
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Recycling of Waste
Start date and time of board meeting 14-11-2025   17:30:00
End date and time of board meeting 14-11-2025   18:15:00
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 Not applicable


Financial Results — Other than Bank

Amount in (Lakhs)

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 01-04-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Revenue From Operations
Revenue from operations 6,900.68 6,900.68
Other income 149.09 149.09
Total Income 7,049.77 7,049.77
2 Expenses
(a) Cost of materials consumed 5,076.34 5,076.34
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (328.12) (328.12)
(d) Employee benefit expense 188.04 188.04
(e) Finance costs 84.31 84.31
(f) Depreciation and amortisation expense 534.10 534.10
(g) Other Expenses
1 Other Expenses 896.02 896.02
Total other expenses 896.02 896.02
Total expenses 6,450.69 6,450.69
3 Profit before exceptional and extraordinary items and tax 599.08 599.08
4 Exceptional items 0.00 0.00
5 Profit before extraordinary items and tax 599.08 599.08
6 Extraordinary items 0.00 0.00
7 Profit before tax 599.08 599.08
8 Tax Expense
Current tax 150.00 150.00
Deferred tax (23.58) (23.58)
Total tax expenses 126.42 126.42
9 Net Profit Loss for the period from continuing operations 472.66 472.66
10 Profit (loss) from discontinuing operations before tax 0.00 0.00
11 Tax expense of discontinuing operations 0.00 0.00
12 Net profit (loss) from discontinuing operation after tax 0.00 0.00
13 Profit (loss) for period before minority interest 472.66 472.66
14 Share of profit (loss) of associates 0.00 0.00
15 Profit (loss) of minority interest 0.07 0.07
16 Net profit (Loss) for the period 472.73 472.73
17 Details of equity share capital
Paid-up equity share capital 2,499.00 2,499.00
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.89 1.89
Diluted earnings (loss) per share from continuing and discontinued operations 1.89 1.89
20 Debt equity ratio 0.00 0.00
21 Debt service coverage ratio 0.00 0.00
22 Interest service coverage ratio 0.00 0.00
23 Disclosure of notes on financial results Textual Information(1)


Text Block

Textual Information(1) 1 The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their meeting held on 14 November, 2025. The statutory auditors of the Company have carried out 'Limited Review' of the results for the half year ended on 30 September 2025. 2 The Statement has been prepared in accordance with the Companies (Accounting Standards) Rules 2021 (AS) precribed under Section 133 of the Companies Act, 2013 and other recognised accounting practice and policies to the extent applicable. 3 Other Expenses include stores and spares consumed, outward processing charges, power and fuel, packing materials consumed etc. 4 Current Tax includes prior year taxation. 5 The Status of investor complaints received by the company is as follows : -Pending at start of the year as on 1 April 2025 : Nil -Received during the year from 1 April 2025 to 30 September 2025 : Nil -Disposed during the year from 1 April 2025 to 30 September 2025 : Nil -Pending as on 30 September 2025 : Nil 6 In accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation. 2015, the above audited consolidated financial results of the company are posted on Company's website and website of stock exchange viz. www.nseindia.com. 7 Segment Reporting as per AS- 17 is not applicable as Company operates only in one segment i.e. Manufacturing and recycling of waste rubber and to produce hydro carbon fuel. 8 Consolidated Result of Company Includes 3 Subsidiary Companies (1.) Samsara Recycling Private Limited, (2.) Shantol Recycling Private Limited, and (3.) Green Valley Hydrocarbon Private Limited. 9 The figures of the previous years have been regrouped/re-classified/re-arranged, wherever necessary to correspond with the current period’s classification/disclosure/ comparable.


Remarks

20 Debt equity ratio Debt Equity Ratio, Debt Service Coverage Ratio and Interest service Coverage Ratio are not required to provide in SME listed company while XBRL utility required compulsory to enter such ratio during validation. Therefore we have entered 0.00 (Zero) in all ratio.
21 Debt service coverage ratio Debt Equity Ratio, Debt Service Coverage Ratio and Interest service Coverage Ratio are not required to provide in SME listed company while XBRL utility required compulsory to enter such ratio during validation. Therefore we have entered 0.00 (Zero) in all ratio.
22 Interest service coverage ratio Debt Equity Ratio, Debt Service Coverage Ratio and Interest service Coverage Ratio are not required to provide in SME listed company while XBRL utility required compulsory to enter such ratio during validation. Therefore we have entered 0.00 (Zero) in all ratio.


Cash flow statement — indirect

Amount in (Lakhs)

A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited
D Nature of report standalone or consolidated Consolidated
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 599.08
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 80.80
Adjustments for depreciation and amortisation expense 534.10
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for share-based payments 0.00
Other adjustments for which cash effects are investing or financing cash flow (32.95)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments to profit (loss) 581.95
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories (941.64)
Adjustments for decrease (increase) in trade receivables (52.41)
Adjustments for decrease (increase) in other current assets (678.95)
Adjustments for increase (decrease) in trade payables 1,311.61
Adjustments for increase (decrease) in other current liabilities 136.75
Adjustments for provisions 4.71
Total adjustments for working capital (219.93)
Total adjustments for reconcile profit (loss) 362.02
Net cash flows from (used in) operations 961.10
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 7.96
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities before extraordinary items 953.14
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) operating activities 953.14
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property plant and equipment 90.56
Purchase of property plant and equipment 3,167.39
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Cash advances and loans made to other parties (1,266.77)
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 1.03
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Proceeds from government grants 0.00
Net cash flows from (used in) investing activities before extraordinary items (1,809.03)
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) investing activities (1,809.03)
Cash flows from used in financing activities
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 1,175.20
Repayments of borrowings 236.24
Dividends paid 0.00
Interest paid 80.80
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities before extraordinary items 858.16
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) financing activities 858.16
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 2.27
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 2.27
Cash and cash equivalents cash flow statement at beginning of period 2.43
Cash and cash equivalents cash flow statement at end of period 4.70


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Equity and liabilities
1 Shareholders' funds
Share capital 2,499.00
Reserves and surplus 6,638.61
Money received against share warrants 0.00
Total shareholders' funds 9,137.61
2 Share application money pending allotment 0.00
3 Deferred government grants 0.00
4 Minority interest 42000
5 Non-current liabilities
Long-term borrowings 4,301.27
Deferred tax liabilities (net) 0.00
Foreign currency monetary item translation difference liability account 0.00
Other long-term liabilities 0.00
Long-term provisions 30.06
Total non-current liabilities 4,331.33
6 Current liabilities
Short-term borrowings 1,368.13
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 1,253.17
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 448.11
Total Trade payable 1,701.28
Other current liabilities 245.51
Short-term provisions 354.00
Total current liabilities 3,668.92
Total equity and liabilities 17,138.28
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 6,545.43
Producing properties 0.00
Intangible assets 143.42
Preproducing properties 0.00
Property, Plant and Equipment capital work-in-progress 3,643.43
Intangible assets under development or work-in-progress 0.00
Total Property, Plant and Equipment and Intangible assets 10,332.28
ii Non-current investments 1.52
v Deferred tax assets (net) 18.05
vi Foreign currency monetary item translation difference asset account 0.00
vii Long-term loans and advances 873.71
viii Other non-current assets 104.72
Total non-current assets 11,330.28
Current assets
Current investments 0.00
Inventories 2,927.06
Trade receivables 904.29
Cash and cash equivalents 4.70
Bank balance other than cash and cash equivalents 0.00
Short-term loans and advances 1,645.39
Other current assets 326.56
Total current assets 5,808.00
Total assets 17,138.28
Disclosure of notes on assets and liabilities


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

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 01-04-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
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
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments