General information about company
Scrip code	532847
NSE Symbol	HILTON
MSEI Symbol
ISIN*	INE788H01017
Name of company	HILTON METAL FORGING LIMITED
Type of company
Class of security	Equity
Date of start of financial year	01-04-2019
Date of end of financial year	31-03-2020
Date of board meeting when results were approved	11-11-2019
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	02-11-2019
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	Half yearly
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited	Unaudited
Segment Reporting	Single segment
Description of single segment	Manufacturing of steel forgings and pipe fitting items for oil & gas indusrties
Start date and time of board meeting	11-11-2019 13:00
End date and time of board meeting	11-11-2019 16:30
Declaration of unmodified opinion or statement on impact of audit qualification	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	01-07-2019	01-04-2019
B	Date of end of reporting period	30-09-2019	30-09-2019
C	Whether results are audited or unaudited	Unaudited	Unaudited
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	2751.37	4848.52
	Other income	26.87	39.27
	Total income	2778.24	4887.79
2	Expenses
(a)	Cost of materials consumed	1751.01	2965.5
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-78.73	2.63
(d)	Employee benefit expense	194.99	374.41
(e)	Finance costs	75.23	157.81
(f)	Depreciation, depletion and amortisation expense	55.83	111.94
(f)	Other Expenses
1	Consumable Stores	53.83	89.06
2	Power & fuel	138.07	286.45
3	Rent	3.55	7.1
4	Repairs to machinery	11.37	20.68
5	Die Amortisation	12.05	21.32
6	Freight Forwarding Expenses	327.41	493.32
7	Sub-Contracting Expenses	9.1	14.81
8	Packing Material	11.55	24.56
9	Administrative Expenses	134.36	179.47
10	Other Miscellaneous Expenses	13.01	24
	Total other expenses	714.3	1160.77
	Total expenses	2712.63	4773.06

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	01-07-2019	01-04-2019
B	Date of end of reporting period	30-09-2019	30-09-2019
C	Whether results are audited or unaudited	Unaudited	Unaudited
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.
3	Total profit before exceptional items and tax	65.61	114.73
4	Exceptional items	0	0
5	Total profit before tax	65.61	114.73
7	Tax expense
8	Current tax	-3.48	-4.65
9	Deferred tax	0	0
10	Total tax expenses	-3.48	-4.65
11	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
14	Net Profit Loss for the period from continuing operations	69.09	119.38
15	Profit (loss) from discontinued operations before tax	0	0
16	Tax expense of discontinued operations	0	0
17	Net profit (loss) from discontinued operation after tax	0	0
19	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
21	Total profit (loss) for period	69.09	119.38

Financial Results – Ind-AS
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-07-2019	01-04-2019
B	Date of end of reporting period	30-09-2019	30-09-2019
C	Whether results are audited or unaudited	Unaudited	Unaudited
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	4.02	8.8
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	0	0
5	Total Other comprehensive income	-4.02	-8.8

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	01-07-2019	01-04-2019
B	Date of end of reporting period	30-09-2019	30-09-2019
C	Whether results are audited or unaudited	Unaudited	Unaudited
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.
23	Total Comprehensive Income for the period	65.07	110.58
24	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
25	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
26	Details of equity share capital
	Paid-up equity share capital	1244.3	1244.3
	Face value of equity share capital	10	10
27	Details of debt securities
28	Reserves excluding revaluation reserve
29	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.56	0.96
	Diluted earnings (loss) per share from continuing operations	0.56	0.96
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	0.56	0.96
	Diluted earnings (loss) per share from continuing and discontinued operations	0.56	0.96
30	Debt equity ratio
31	Debt service coverage ratio
32	Interest service coverage ratio
33	Disclosure of notes on financial results	Textual Information(1)

Text Block

Textual Information(1)

Notes: 1 The above Results have been reviewed by the audit committee, and approved by the Board of Directors in their meeting held on 11-11-2019 and have been subject to Limited Review by the Statutory Auditors. 2 Finacial results of teh 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 and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015. 3 The previous period figures have been regrouped/re-arranged wherever necessary to make them comparable with those of the Current period 4 The company manufactures "forging Components" Like flanges and Forged Fittings and management reviews the performance of the company as a signle operating segmetn 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. 5 The results will be available on the Company's website:www.hiltonmetal.com

Statement of Asset and Liabilities
Particulars		Half year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2019
Date of end of reporting period		30-09-2019
Whether results are audited or unaudited		Unaudited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	3327.25
	Capital work-in-progress	7.62
	Investment property	87.28
	Goodwill	0
	Other intangible assets	0
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0.5
	Trade receivables, non-current	306.35
	Loans, non-current	0
	Other non-current financial assets	27.66
	Total non-current financial assets	334.51
	Deferred tax assets (net)	0
	Other non-current assets	0
	Total non-current assets	3756.66
2	Current assets
	Inventories	6324.68
	Current financial asset
	Current investments	0
	Trade receivables, current	1103.36
	Cash and cash equivalents	10.11
	Bank balance other than cash and cash equivalents	133.85
	Loans, current	13.97
	Other current financial assets	996.63
	Total current financial assets	2257.92
	Current tax assets (net)
	Other current assets
	Total current assets	8582.6

Statement of Asset and Liabilities
Particulars		Half year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2019
Date of end of reporting period		30-09-2019
Whether results are audited or unaudited		Unaudited
Nature of report standalone or consolidated		Standalone
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	12339.26
	Equity and liabilities
	Equity
	Equity attributable to owners of parent
	Equity share capital	1244.3
	Other equity	4976.94
	Total equity attributable to owners of parent	6221.24
	Non controlling interest
	Total equity	6221.24
	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1089.24
	Trade payables, non-current	0
	Other non-current financial liabilities	0
	Total non-current financial liabilities	1089.24
	Provisions, non-current	70.85
	Deferred tax liabilities (net)	659.76
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	1819.85
	Current liabilities
	Current financial liabilities
	Borrowings, current	3065.09
	Trade payables, current	236.61
	Other current financial liabilities	159.13
	Total current financial liabilities	3460.83
	Other current liabilities	814.94
	Provisions, current	9.75
	Current tax liabilities (Net)	12.65
	Deferred government grants, Current	0
	Total current liabilities	4298.17
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	6118.02
	Total equity and liabilites	12339.26
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block

Textual Information(1)

Notes: 1 The above Results have been reviewed by the audit committee, and approved by the Board of Directors in their meeting held on 11-11-2019 and have been subject to Limited Review by the Statutory Auditors. 2 Finacial results of teh 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 and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015. 3 The previous period figures have been regrouped/re-arranged wherever necessary to make them comparable with those of the Current period 4 The company manufactures "forging Components" Like flanges and Forged Fittings and management reviews the performance of the company as a signle operating segmetn 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. 5 The results will be available on the Company's website:www.hiltonmetal.com

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		01-07-2019	01-04-2019
Date of end of reporting period		30-09-2019	30-09-2019
Whether accounts are audited or unaudited
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