HSCL2020-07-012020-09-30in-bse-fin:OneOperatingExpenses01Member HSCL2020-07-012020-09-30in-bse-fin:FourOperatingExpenses01Member HSCL2020-07-012020-09-30in-bse-fin:OneReportableSegmentRevenue01Member HSCL2020-07-012020-09-30in-bse-fin:OneReportableSegmentRevenue02Member HSCL2020-07-012020-09-30in-bse-fin:FourReportableSegmentRevenue01Member HSCL2020-07-012020-09-30in-bse-fin:FourReportableSegmentRevenue02Member HSCL2020-07-012020-09-30in-bse-fin:OneReportableSegmentResults01Member HSCL2020-07-012020-09-30in-bse-fin:OneReportableSegmentResults02Member HSCL2020-07-012020-09-30in-bse-fin:FourReportableSegmentResults01Member HSCL2020-07-012020-09-30in-bse-fin:FourReportableSegmentResults02Member HSCL2020-07-012020-09-30in-bse-fin:OneReportableSegmentAssets01Member HSCL2020-07-012020-09-30in-bse-fin:OneReportableSegmentAssets02Member HSCL2020-07-012020-09-30in-bse-fin:OneReportableSegmentLiabilities01Member HSCL2020-09-30in-bse-fin:OneReportableSegmentLiabilities01Member HSCL2020-07-012020-09-30in-bse-fin:OneReportableSegmentLiabilities02Member HSCL2020-09-30in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares HSCL 2020-04-01 2021-03-31 2020-11-03 INR Crores Half yearly true Cash Flow Indirect Multi segment 2020-07-01 2020-09-30 Unaudited Standalone 3892400000.00 52200000.00 3944600000.00 2859400000.00 0.00 -83000000.00 186500000.00 89500000.00 110900000.00 525700000.00 3689000000.00 255600000.00 0.00 255600000.00 21700000.00 72100000.00 93800000.00 0.00 161800000.00 0.00 0.00 0.00 0.00 161800000.00 80400000.00 242200000.00 0.00 0.00 418800000.00 1 0.39 0.39 0.00 0.00 0.39 0.39 (2)tThe above unaudited standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on 11 November 2020. A Limited Review of these standalone financial results for the quarter and six months ended 30 September 2020 has been carried out by the Statutory Auditors, as required under Regulation 33 of SEBI (LODR) Regulations, 2015. n n(3)tOther expenses includes foreign exchange fluctuation loss (net) of Rs 3.75 crores for the quarter ended 30 September 2019 and Rs 14.09 crores for the year ended 31 March 2020, and other income includes foreign exchange fluctuation gain (net) of Rs 2.31 crores for the quarter ended 30 September 2020, Rs 1.26 crores for the quarter ended 30 June 2020, Rs 3.57 crores for the six months ended 30 September 2020 and Rs 2.85 crores for the six months ended 30 September 2019, on standalone basis. tttt n(4)tBased on the guiding principles given in Ind AS 108 on 'Operating Segments', the Company's business activity falls within two operating segments, namely: n(a) Carbon materials and chemicals, and n(b) Power n n(5)tSection 115 BAA of the Income-tax Act, 1961, introduced by the Taxation Laws (Amendment) Act, 2019 gives a one-time irreversible option for payment of income-tax at reduced rate with effect from financial year commencing 1 April 2019 subject to certain conditions. The Company had made an assessment of the impact of the above amendment and decided to continue with the existing tax structure until utilisation of accumulated Minimum Alternative Tax ('MAT'). However, the Company had re-measured the deferred tax assets / liability that is expected to reverse on exercising the option on the future date as per Ind AS 12 Income Taxes and thus, reversal of net deferred tax liability of Rs 70 crores had been recognised during the previous year. n n(6)tThe Company has considered the possible risk that may result from the pandemic relating to COVID-19 and expects to recover the carrying amount of all its assets including inventories, receivable, investments and other financial and non-financial assets in the ordinary course of business based on the internal and external information available upto the date of approval of these standalone financial results. The Company is continuously monitoring for any material changes in future economic conditions.t ntt n(7)tThe Company had made investments in equity shares and given loans and advances to its wholly owned subsidiary, AAT Global Limited ('AAT'), Hongkong. AAT, in turn, invested in equity shares and had given loans and advances to its subsidiary, Shandong Dawn Himadri Chemical Industry Ltd ('SDHCIL'), China. There had been shortfall in the business performance of both AAT and SDHCIL compared with budgets and further changes in the technology, market, economic environment had adverse impact on the value of the investments and recoverability of loans and advances given. Due to the on-going size of operations and cost-benefit trend, both AAT and SDHCIL had been incurring losses and their net worth were fully eroded. Accordingly, the Company's investments in equity shares of AAT, amounting to Rs 52.45 crores, had been fully impaired and loans and advances given to AAT, amounting to Rs 75.54 crores, had been fully provided during the previous year.t n n(8)tEarnings per share is not annualised for the quarter ended 30 September 2020, 30 June 2020, 30 September 2019, six months ended 30 September 2020 and 30 September 2019. Multi segment 2020-04-01 2020-09-30 Unaudited Standalone 6471100000.00 78500000.00 6549600000.00 4806700000.00 0.00 -107300000.00 371700000.00 194300000.00 219500000.00 939900000.00 6424800000.00 124800000.00 0.00 124800000.00 21700000.00 36200000.00 57900000.00 0.00 66900000.00 0.00 0.00 0.00 0.00 66900000.00 289600000.00 356500000.00 0.00 0.00 418800000.00 1 0.16 0.16 0.00 0.00 0.16 0.16 Other Expenses 525700000.00 Other Expenses 939900000.00 (a) Carbon materials and chemicals 3854200000.00 (b) Power 209600000.00 (a) Carbon materials and chemicals 6422900000.00 (b) Power 311200000.00 4063800000.00 6734100000.00 171400000.00 263000000.00 3892400000.00 6471100000.00 (a) Carbon materials and chemicals 101800000.00 (b) Power 191100000.00 (a) Carbon materials and chemicals -39400000.00 (b) Power 280000000.00 292900000.00 240600000.00 89500000.00 194300000.00 -52200000.00 Additional Disclosure Contd: n n(f)tDebt Service Coverage Ratio (in times)t 0.37 nt{Earnings before interest, depreciation and tax / n [Interest (gross of interest capitalised) + principal repayment]} n t n(g)tInterest Service Coverage Ratio (in times)t 2.90 nt{Earnings before interest, depreciation and tax / interest (gross of interest capitalised)} t n(h)tDebenture Redemption Reservet 11.61 n(i)tNet Worth n (Equity Share Capital + Other Equity)t 1,687.53 n(j)tNet profit after taxt 6.69 n(k)tEarnings per equity share (of Re. 1 each)t n ti) Basic (Rs.)t 0.16 n tii) Diluted (Rs.)t 0.16 n(l)tCredit rating assignedt n i) 10.00% NCDs (Issued on 24 August 2010) [redeemed on 24 August 2020]ICRA AA- and CARE AA- n ii) 12.50% NCDs (Issued on 29 October 2013) [redeemed on 28 October 2020]ICRA AA- and CARE AA- n(m)tThe Company continues to maintain 100% asset cover for the Secured NCDs Issued by it. n(n)tThe Company has issued Commercial Paper on 27 March 2020, amounting to Rs 50 Crores at a discount rate of 6% p.a., the same was redeemed on 25 June 2020. n nCash Flow Note: nStatement of Cash Flows has been prepared under the indirect method as set out in Ind AS 7 Statement of Cash -78500000.00 255600000.00 124800000.00 (a) Carbon materials and chemicals 22919300000.00 (b) Power 521400000.00 23440700000.00 3411700000.00 26852400000.00 (a) Carbon materials and chemicals 2334800000.00 (b) Power 13100000.00 2347900000.00 7629200000.00 9977100000.00 194200000.00 -245000000.00 54800000.00 0.00 0.00 0.00 0.00 -120100000.00 0.00 -202900000.00 0.00 134500000.00 0.00 219500000.00 0.00 0.00 0.00 50500000.00 0.00 -48300000.00 0.00 15200000.00 3800000.00 -900000.00 0.00 0.00 0.00 0.00 0.00 24900000.00 149700000.00 0.00 0.00 0.00 100900000.00 0.00 48800000.00 0.00 0.00 1076900000.00 1076000000.00 0.00 0.00 0.00 0.00 100000.00 202600000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 700000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6600000.00 0.00 -450700000.00 0.00 -646400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1290300000.00 1240600000.00 0.00 2700000.00 0.00 164300000.00 0.00 1800900000.00 1683600000.00 1086000000.00 100000.00 1086100000.00 374400000.00 1460500000.00