HIL2023-07-012023-09-30 HIL2023-07-012023-09-30 HIL2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member HIL2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member HIL2023-09-30 HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue03Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue04Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue05Member HIL2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member HIL2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member HIL2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue03Member HIL2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue04Member HIL2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue05Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults03Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults04Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults05Member HIL2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member HIL2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member HIL2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults03Member HIL2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults04Member HIL2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults05Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets03Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets04Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets05Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member HIL2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member HIL2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member HIL2023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member HIL2023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member HIL2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities05Member HIL2023-09-30in-bse-fin:OneReportableSegmentLiabilities05Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 509675 HIL NOTLISTED HIL Limited Equity 2023-04-01 2024-03-31 2023-11-01 2023-10-26 INR Lakhs Half yearly 14:00:00 16:05:00 2023-11-01 2023-11-01 true Cash Flow Indirect Not applicable Multi segment 2023-07-01 2023-09-30 Unaudited Standalone 4655400000.00 68000000.00 4723400000.00 2556000000.00 733300000.00 -615700000.00 477200000.00 16700000.00 158900000.00 1342600000.00 4669000000.00 54400000.00 138600000.00 193000000.00 54500000.00 -15400000.00 39100000.00 0.00 153900000.00 0.00 0.00 0.00 0.00 153900000.00 800000.00 154700000.00 0.00 0.00 75600000.00 10 20.42 20.41 0.00 0.00 20.42 20.41 Notes:1.The financial results of HIL Limited ( the Company ) have been prepared in accordance with Indian Accounting Standards ( Ind AS ) prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with the relevant rules thereunder and in terms of Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2.The above results for the quarter and half year ended 30 September 2023 were reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on 01 November 2023. The statutory auditors have expressed an unmodified review opinion on these results. 3.Where financial results contain both consolidated and standalone financial results of the parent, segment information is required to be presented only in the consolidated financial results. Accordingly, segment information has been presented in the consolidated financial results. 4.Current tax for the half year ended 30 September 2022 and year ended 31 March 2023 includes reversal of income-tax expense of earlier years amounting to INR 837.07 lacs on account of receipt of assessment orders from Income Tax Appellate Tribunal Multi segment 2023-04-01 2023-09-30 Unaudited Standalone 11874300000.00 127700000.00 12002000000.00 6096400000.00 932500000.00 -74500000.00 932600000.00 37900000.00 326300000.00 2921800000.00 11173000000.00 829000000.00 365100000.00 1194100000.00 320000000.00 -47900000.00 272100000.00 0.00 922000000.00 0.00 0.00 0.00 0.00 922000000.00 800000.00 922800000.00 0.00 0.00 75600000.00 10 122.32 122.29 0.00 0.00 122.32 122.29 Other Expenses 1342600000.00 Other Expenses 2921800000.00 6153100000.00 385200000.00 192700000.00 74700000.00 218000000.00 22100000.00 0.00 0.00 2738000000.00 2200000.00 1189500000.00 152600000.00 4082300000.00 55500000.00 132700000.00 11316300000.00 3918100000.00 0.00 1265100000.00 103500000.00 10100000.00 0.00 380700000.00 1759400000.00 0.00 763500000.00 6441000000.00 0.00 0.00 17757300000.00 75600000.00 11810200000.00 11885800000.00 11885800000.00 0.00 0.00 41700000.00 41700000.00 127100000.00 323600000.00 0.00 0.00 492400000.00 725800000.00 3094100000.00 1040700000.00 4860600000.00 271500000.00 114900000.00 132100000.00 0.00 5379100000.00 0.00 0.00 5871500000.00 17757300000.00 5.The Indian Parliament has approved the Code on Social Security, 2020 which would impact the contributions by the Company towards Provident Fund and Gratuity. The Ministry of Labour and Employment has released draft rules for the Code on Social Security, 2020 on 13 November 2020, and has invited suggestions from stakeholders which are under active consideration by the Ministry. The Company will assess the impact and its evaluation once the subject rules are notified and will give appropriate impact in its financial statements in the period in which, the Code becomes effective and the related rules to determine the financial impact are published. 6.During the year ended 31 March 2023, the Company has received demand from Goods and Services Tax Department, Government of Tamil Nadu, Chennai amounting to INR 7160 lacs for the period 01 July 2017 to 31 August 2022, with regards to HSN (Harmonized System Nomenclature) Classification code of one of the product sold by the Company. Aggrieved by the same, the Company has challenged the said Orders by filing Appeals before Deputy Commissioner (Appeals), Chennai which are pending for disposal. During the half year ended 30 September 2023, a demand for an amount of INR 470 lacs was further received by the Company on this matter for the period 01 September 2022 to 31 March 2023. As on 30 September 2023, the Company has considered the aforesaid amount of INR 7630 lacs as Contingent Liability. 7.Certain assets of the Company classified under Assets held for sale category have been sold during the quarter ended 30 June 2023 and quarter ended 30 September 2023. Profit arising on the transaction amounting to INR 2265 lacs for quarter ended 30 June 2023 and INR 1386 lacs for quarter ended 30 September 2023 is presented as Exceptional items in the above results. Building Solutions 1275900000.00 Flooring Solutions 0.00 Others 22500000.00 Polymer Solutions 1300500000.00 Roofing Solutions 2068100000.00 Building Solutions 2619500000.00 Flooring Solutions 0.00 Others 41400000.00 Polymer Solutions 2583800000.00 Roofing Solutions 6652500000.00 4667000000.00 11897200000.00 11600000.00 22900000.00 4655400000.00 11874300000.00 Building Solutions 50700000.00 Flooring Solutions 0.00 Others 15500000.00 Polymer Solutions 31100000.00 Roofing Solutions 173200000.00 Building Solutions 137600000.00 Flooring Solutions 0.00 Others 36800000.00 Polymer Solutions 71800000.00 Roofing Solutions 973900000.00 270500000.00 1220100000.00 9500000.00 24000000.00 68000000.00 8.During the half year ended 30 September 2023, the operations at the Chennai plant of the Company were temporarily suspended due to labour strike called by the contract workers w.e.f 31 May 2023. Consequent to that, the Company announced lock out of the Chennai plant w.e.f 02 June 2023, which was withdrawn on 26 July 2023. The strike declared by the contract workers was called-off and normal production activities had resumed w.e.f 07 August 2023. 9.During the quarter and half year ended 30 September 2023, pursuant to the HIL Limited Employee Stock Option Scheme 2023, the Nomination and remuneration Committee has approved the grant of 56054 stock options to the eligible employees, out of which 40% of the options will vest on 16 July 2024 and remaining 60% of the options will vest on 01 April 2025. These options are granted at an exercise price of INR 2999.50 per share and are fair valued at INR 1075.72 per share. 10.During the half year ended 30 September 2023, the Company has provided a loan of Euro 4 million to its wholly owned subsidiary (WOS), HIL International GmbH on 14 August 2023. The loan is repayable after a period of three years from the date of disbursement and carries an interest at 8% p.a payable annually. Further, the Company has issued a corporate guarantee of Euro 33.705 million in favour of WOS on 27 September 2023 in respect of loan taken by WOS from ICICI bank UK PLC, Germany. 2000000.00 193000000.00 1194100000.00 Building Solutions 4335700000.00 Flooring Solutions 0.00 Others 307500000.00 Polymer Solutions 2838900000.00 Roofing Solutions 5199700000.00 12681800000.00 5075500000.00 17757300000.00 Building Solutions 1035900000.00 Flooring Solutions 0.00 Others 17400000.00 Polymer Solutions 928100000.00 Roofing Solutions 2369500000.00 4350900000.00 1520600000.00 5871500000.00 37900000.00 -242900000.00 -190400000.00 0.00 -97600000.00 0.00 0.00 -12500000.00 0.00 749500000.00 0.00 5500000.00 0.00 326300000.00 24700000.00 11100000.00 0.00 -63000000.00 0.00 28600000.00 0.00 40800000.00 9700000.00 -44100000.00 0.00 -3300000.00 -27900000.00 -371900000.00 0.00 98900000.00 1293000000.00 0.00 0.00 0.00 208900000.00 0.00 1084100000.00 0.00 0.00 903200000.00 900000000.00 0.00 0.00 0.00 0.00 369600000.00 429900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1400000.00 0.00 -364100000.00 0.00 0.00 0.00 3800000.00 0.00 27900000.00 0.00 -390900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 450000000.00 0.00 13200000.00 188600000.00 33200000.00 0.00 0.00 -685000000.00 8200000.00 0.00 8200000.00 95300000.00 103500000.00 1100000.00 1100000.00 300000.00 300000.00 0.00 0.00