INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol HPTL
MSEI Symbol NOTLISTED
ISIN INE0VA601019
Name of Company HP TELECOM INDIA LIMITED
Type of company SME
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 29-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 Half Yearly
Reporting Quarter Yearly
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 Distribution of telecommunications and technology products
Start date and time of board meeting 29-May-2025   15:00:00
End date and time of board meeting 29-May-2025   18:55:00
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
(III) 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 2024-03-13
Indicate Company website link for updated RPT policy of the Company https://www.hptil.com/investor-relations.php?tabId=nav-policies-tab
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? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The Company has not defaulted on payment of Loan. Hence, the Disclosure is not applicable.


Financial Results — Other than Bank

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-Oct-2024 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 Revenue From Operations
Revenue from operations 10026550000 15961581000
Other income 8735000 15618000
Total Income 10035285000 15977199000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 9739846000 15240017000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 69657000 367186000
(d) Employee benefit expense 31773000 56615000
(e) Finance costs 76035000 105903000
(f) Depreciation and amortisation expense 463000 1031000
(g) Other Expenses
1 Other Expenses 16919000 35604000
Total other expenses 16919000 35604000
Total expenses 9934693000 15806356000
3 Profit before exceptional and extraordinary items and tax 100592000 170843000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 100592000 170843000
6 Extraordinary items 0 0
7 Profit before tax 100592000 170843000
8 Tax Expense
Current tax 27202000 45128000
Deferred tax -7000 -69000
Total tax expenses 27195000 45059000
9 Net Profit Loss for the period from continuing operations 73397000 125784000
10 Profit (loss) from discontinuing operations before tax 0 0
11 Tax expense of discontinuing operations 0 0
12 Net profit (loss) from discontinuing operation after tax 0 0
13 Profit (loss) for period before minority interest 73397000 125784000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 73397000 125784000
17 Details of equity share capital
Paid-up equity share capital 119147000 119147000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 635474000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 7.89 13.94
Diluted earnings (loss) per share from continuing and discontinued operations 7.89 13.94
20 Debt equity ratio 0.0176 0.0176
21 Debt service coverage ratio 0.0296 0.029
22 Interest service coverage ratio 0.0295 0.0311
23 Disclosure of notes on financial results Textual Information(1)


Text Block

Textual Information(1) Notes: 1) The above audited financial results which are published in accordance with Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, as amended, have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 29, 2025. These results have been subjected to audit by the Statutory Auditors of the Company who have issued an unmodified audit report on the annual financial results for the year ended March 31, 2025. 2) Pursuant to the Regulations 13(3) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, we are enclosing herewith the details regarding investor’s complaints: Particulars No. of Complaints No. of investor complaints pending at the beginning of half year Nil Received during the half year 1.00 Disposed during the half year 1.00 Remaining unresolved at the end of half year Nil 3) As the Company is listed on Emerge SME Platform of NSE, it has been exempted from applicability of IND-As as per proviso to rule 4 of Companies (Indian Accounting Standards) Rules, 2015. 4) The Company is engaged in distributing a wide range of telecommunications and technology products across India. The company operates in only one segment, hence segment reporting is not applicable. 5) The above results are available on the website of the Company. 6) During Financial Year 2024-25, the Company has completed its Initial Public Offering (IPO) comprising a fresh issuance of 31,69,200 equity shares with a face value of Rs. 10 each. These shares were offered at an issue price of Rs. 108 per share. The IPO raised a total of Rs. 3422.74 Lakh and the Company's equity shares were subsequently listed on the Emerge SME Platform of NSE on February 28, 2025. The net proceeds from the IPO, are detailed as follows: (Rs. in Lakh) Particulars Proposed Utilised till 31.03.2025 Balance Working Capital Requirement 3,000.00 3,000.00 - General Corporate Purposes 350.00 350.00 - Issue Expenses 72.74 49.89 22.85 Total 3,422.74 3,399.89 22.85 7) As the company do not have any Holding/Subsidiary/Joint Venture/ Associate concern, no reporting have been made in this regards. 8) The figures for the half year ended March 31, 2025, are the balancing figures between the audited figures for the relevant full financial year and the Restated Financial Information figures for the half year ended September 30, 2024. The figures for the half year ended March 31, 2024, are the balancing figures between the audited figures for the relevant full financial year and the un-published and un-audited figures for the half year ended September 30, 2023. 9) The figures for the half year ended September 30, 2024 are taken from the Restated Financial Information filed by the Company in its Prospectus with stock exchange (NSE) on February 07, 2025. 10) The figures for the previous year/ periods have been regrouped / rearranged wherever necessary.


Remarks

20 Debt equity ratio The Debt-Equity Ratio is high due to increase in borrowings and Shareholders fund of the Company.
21 Debt service coverage ratio The Debt Service coverage ratio is high due to increase in earnings of the Company.
22 Interest service coverage ratio The Interest Service coverage ratio is high due to increase in Interest expense of the Company .


Cash flow statement — indirect

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
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 170843000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 87147000
Adjustments for depreciation and amortisation expense 1031000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for share-based payments 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 to profit (loss) 88178000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 367187000
Adjustments for decrease (increase) in trade receivables -148537000
Adjustments for decrease (increase) in other current assets -75980000
Adjustments for increase (decrease) in trade payables -849460000
Adjustments for increase (decrease) in other current liabilities 17560000
Adjustments for provisions -38000
Total adjustments for working capital -689268000
Total adjustments for reconcile profit (loss) -601090000
Net cash flows from (used in) operations -430247000
Dividends received 0
Interest paid 0
Interest received -11719000
Income taxes paid (refund) 31397000
Other inflows (outflows) of cash -3900000
Net cash flows from (used in) operating activities before extraordinary items -477263000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -477263000
4 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 850000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 638000
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 11718000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -66529000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -56299000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -56299000
Cash flows from used in financing activities
Proceeds from issuing shares 342274000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 327353000
Repayments of borrowings 0
Dividends paid 0
Interest paid 80989000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -9367000
Net cash flows from (used in) financing activities before extraordinary items 579271000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 579271000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 45709000
6 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 45709000
Cash and cash equivalents cash flow statement at beginning of period 297968000
Cash and cash equivalents cash flow statement at end of period 343677000


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
Equity and liabilities
1 Shareholders' funds
Share capital 119147000
Reserves and surplus 635474000
Money received against share warrants 0
Total shareholders' funds 754621000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 0
Deferred tax liabilities (net) 0
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 1450000
Long-term provisions 0
Total non-current liabilities 1450000
6 Current liabilities
Short-term borrowings 1328885000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 2895000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 554241000
Total Trade payable 557136000
Other current liabilities 29265000
Short-term provisions 43877000
Total current liabilities 1959163000
Total equity and liabilities 2715234000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 16581000
Producing properties 0
Intangible assets 549000
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 0
Intangible assets under development or work-in-progress 0
Total Property, Plant and Equipment and Intangible assets 17130000
ii Non-current investments 105951000
v Deferred tax assets (net) 291000
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 0
viii Other non-current assets 663000
Total non-current assets 124035000
Current assets
Current investments 195937000
Inventories 836291000
Trade receivables 686150000
Cash and cash equivalents 343677000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 0
Other current assets 529144000
Total current assets 2591199000
Total assets 2715234000
Disclosure of notes on assets and liabilities


Format for Reporting Segment 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-Oct-2024 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether results 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
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments




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 Aslot and Associates Yes 30-Nov-2026


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 25-Feb-2025
Amount Raised 342274000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review
Comments of the auditors, if any
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Working Capital Requirement NA 300000000 0 300000000 0
2 General Corporate Purposes NA 35000000 0 35000000 0
3 Issue Expenses NA 7274000 0 4989000 0


Signatory Details

Name of signatory Vijay Lalsingh Yadav
Designation of person Managing Director
Place Surat
Date 29-May-2025


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 HP Telecom India Limited Communication Merchants Director is Partner Purchase of goods or services The Transaction for Purchase, Sale or supply of Goods/Materials upto Rs. 500 Crore p.a were approved by the members in EOGM held on 22-04-2024. 25746000 178077000 0
2 HP Telecom India Limited Communication Merchants Director is Partner Any other transaction Manpower Contract Expense The Transaction for Availing/rendering of services upto Rs. 10 Crore p.a were approved by the members in EOGM held on 22-04-2024. 21375000 0 -78000
3 HP Telecom India Limited Communication Merchants Director is Partner Sale of goods or services The Transaction for Purchase, Sale or supply of Goods/Materials upto Rs. 500 Crore p.a were approved by the members in EOGM held on 22-04-2024. 209294000 57965000 93110000
4 HP Telecom India Limited Communication Merchants Director is Partner Any other transaction Rent Income The Transaction for Availing/rendering of services upto Rs. 10 Crore p.a were approved by the members in EOGM held on 22-04-2024. 375000 68000 0
5 HP Telecom India Limited Hv Connecting Infra (India) Private Limited Common Director Purchase of goods or services The Transaction for Purchase, Sale or supply of Goods/Materials upto Rs. 500 Crore p.a were approved by the members in EOGM held on 22-04-2024. 134000 -88364000 0
6 HP Telecom India Limited Hv Connecting Infra (India) Private Limited Common Director Sale of goods or services The Transaction for Purchase, Sale or supply of Goods/Materials upto Rs. 500 Crore p.a were approved by the members in EOGM held on 22-04-2024. 34544000 14000000 0
7 HP Telecom India Limited Hv Connecting Infra (India) Private Limited Common Director Any other transaction Rent Expense The Transaction for Availing/rendering of services upto Rs. 10 Crore p.a were approved by the members in EOGM held on 22-04-2024. 1080000 0 0
8 HP Telecom India Limited Hv Connecting Infra (India) Private Limited Common Director Any other transaction Rent Income The Transaction for Availing/rendering of services upto Rs. 10 Crore p.a were approved by the members in EOGM held on 22-04-2024. 900000 0 0
9 HP Telecom India Limited Telecom Merchant Director is Partner Purchase of goods or services The Transaction for Purchase, Sale or supply of Goods/Materials upto Rs. 500 Crore p.a were approved by the members in EOGM held on 22-04-2024. 180142000 -16171000 49000
10 HP Telecom India Limited Telecom Merchant Director is Partner Sale of goods or services The Transaction for Purchase, Sale or supply of Goods/Materials upto Rs. 500 Crore p.a were approved by the members in EOGM held on 22-04-2024. 48361000 -3267000 3173000
11 HP Telecom India Limited Telecom Merchant Director is Partner Any other transaction Rent Income The Transaction for Availing/rendering of services upto Rs. 10 Crore p.a were approved by the members in EOGM held on 22-04-2024. 0 240000 0
12 HP Telecom India Limited Vijay Lalsingh Yadav Managing Director Remuneration The Transaction for Remuneration of Rs. 60 lacs p.a were approved by the Board in their meeting held on 16-04-2024. 3000000 2010000 0
13 HP Telecom India Limited Vijay Lalsingh Yadav Managing Director Any other transaction Rent Expense The Transaction for Availing/rendering of services upto Rs. 10 Crore p.a were approved by the members in EOGM held on 22-04-2024. 255000 0 0
14 HP Telecom India Limited Vijay Lalsingh Yadav Managing Director Any other transaction Rent Income The Transaction for Availing/rendering of services upto Rs. 10 Crore p.a were approved by the members in EOGM held on 22-04-2024. 255000 0 0
15 HP Telecom India Limited Seemabahen Vijay Yadav Whole Time Director Remuneration The Transaction for Remuneration of Rs. 48 lacs p.a were approved by the Board in their meeting held on 16-04-2024. 2400000 1606000 0
16 HP Telecom India Limited Seemabahen Vijay Yadav Whole Time Director Any other transaction Rent Expense The Transaction for Availing/rendering of services upto Rs. 10 Crore p.a were approved by the members in EOGM held on 22-04-2024. 135000 20000 0
17 HP Telecom India Limited RP Distributors Director is Proprietor Purchase of goods or services 200000000 The Transaction for Purchase, Sale or supply of Goods/Materials upto Rs. 20 Crore p.a were approved by the Audit Committee in their meeting held on 03-09-2024. 117595000 0 -19000
Total value of transaction during the reporting period 645591000