General information about company
Scrip code	532847
NSE Symbol	HILTON
MSEI Symbol	NOTLISTED
ISIN*	INE788H01017
Name of company	HILTON METAL FORGING LIMITED
Type of company
Class of security	Equity
Date of start of financial year	01-04-2023
Date of end of financial year	31-03-2024
Date of board meeting when results were approved	30-05-2024
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	22-05-2024
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	Yearly
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited	Audited
Segment Reporting	Single segment
Description of single segment	Manufacturing of Forging Components
Start date and time of board meeting	30-05-2024 16:00
End date and time of board meeting	30-05-2024 20:15
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

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	01-01-2024	01-04-2023
B	Date of end of reporting period	31-03-2024	31-03-2024
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	Income
	Revenue from operations	3383.113	13807.105
	Other income	70.773	181.699
	Total income	3453.886	13988.804
2	Expenses
(a)	Cost of materials consumed	3235.448	12215.31
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-350.997	-1112.196
(d)	Employee benefit expense	119.937	315.417
(e)	Finance costs	248.335	648.373
(f)	Depreciation, depletion and amortisation expense	40.735	219.603
(f)	Other Expenses
1	Consumables Stores	35.33	105.1
2	Power & Fuel	111.34	433.85
3	Sub-contracting expenses	3.62	7.05
4	Rent	3.74	14.96
5	Repairs and Maintenance	1.18	17.77
6	Freight forwarding exps	4.85	31.36
7	Packing Material	0.51	5.7
8	Exchange Difference	-98.77	0
9	Admin expenses	46.92	282.81
10	Other Expenses	0	17.17
	Total other expenses	108.72	915.77
	Total expenses	3402.178	13202.277

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	01-01-2024	01-04-2023
B	Date of end of reporting period	31-03-2024	31-03-2024
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.
3	Total profit before exceptional items and tax	51.708	786.527
4	Exceptional items	0	0
5	Total profit before tax	51.708	786.527
7	Tax expense
8	Current tax	0	0
9	Deferred tax	-3.205	117.942
10	Total tax expenses	-3.205	117.942
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	54.913	668.585
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	54.913	668.585
22	Other comprehensive income net of taxes	0	0

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	01-01-2024	01-04-2023
B	Date of end of reporting period	31-03-2024	31-03-2024
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.
23	Total Comprehensive Income for the period	54.913	668.585
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	2100	2100
	Face value of equity share capital	10	10
27	Details of debt securities
28	Reserves excluding revaluation reserve		7851.97
29	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.261	3.18
	Diluted earnings (loss) per share from continuing operations	0.261	3.18
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0.261	3.18
	Diluted earnings (loss) per share from discontinued operations	0.261	3.18
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	0.522	6.36
	Diluted earnings (loss) per share from continuing and discontinued operations	0.522	6.36
30	Debt equity ratio	2.49	2.49
31	Debt service coverage ratio	1.28	2.04
32	Interest service coverage ratio	1.36	2.15
33	Disclosure of notes on financial results	Textual Information(1)

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Textual Information(1)

1. The Company financial results for the quarter & year ended 31st March, 2024 have been reviewed by the audit committee and approved by the Board of Directors in their meeting held on 30-05-2024. The Statutory Auditors have expressed an unmodified audit opinion on these financial results of the Company. 2. Finacial results of the 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 by the Companies Amendment Rule, 2016 and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015. 3. The figures of quarter ended March 31, 2024 are the balancing figure between the audited figures in respect of the full financial year ended March 31, 2024 and reviewed year to date figures upto December 31, 2023 being the date of end of the third quarter of the current financial year. 4. The company manufactures "forging Components" Like flanges and Forged Fittings and management reviews the performance of the company as a signle operating segment 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 balance appearing under the head Trade receivable, trade payable, loans & advances and outstanding balance are subject to confirmation and reconciliation and consequent adjustment, if any, will be accounted for in the year of confirmation and / or reconciliation. However, the Management does not expect any material variation in the financial results. 6. The previous period figures have been regrouped/re-arranged wherever necessary to make them comparable with those of the Current period. 7. The results will be available on the Company's website:www.hiltonmetal.com

Statement of Asset and Liabilities
Particulars		Current year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2023
Date of end of reporting period		31-03-2024
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	2571.05
	Capital work-in-progress	2114.54
	Investment property	87.27
	Goodwill	0
	Other intangible assets	0
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	0.5
	Trade receivables, non-current	500.48
	Loans, non-current	0
	Other non-current financial assets	25.29
	Total non-current financial assets	526.27
	Deferred tax assets (net)
	Other non-current assets
	Total non-current assets	5299.13
2	Current assets
	Inventories	7891.08
	Current financial asset
	Current investments	0
	Trade receivables, current	2715.05
	Cash and cash equivalents	116.97
	Bank balance other than cash and cash equivalents	0
	Loans, current	0
	Other current financial assets	27.13
	Total current financial assets	2859.15
	Current tax assets (net)
	Other current assets	2407.25
	Total current assets	13157.48

Statement of Asset and Liabilities
Particulars		Current year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2023
Date of end of reporting period		31-03-2024
Whether results are audited or unaudited		Audited
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	18456.61
	Equity and liabilities
	Equity
	Equity attributable to owners of parent
	Equity share capital	2100
	Other equity	7851.97
	Total equity attributable to owners of parent	9951.97
	Non controlling interest
	Total equity	9951.97
	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1403.4
	Trade payables, non-current
	Other non-current financial liabilities
	Total non-current financial liabilities	1403.4
	Provisions, non-current	93.42
	Deferred tax liabilities (net)	86.45
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	1583.27
	Current liabilities
	Current financial liabilities
	Borrowings, current	3714.78
	Trade payables, current	2119.41
	Other current financial liabilities	289.57
	Total current financial liabilities	6123.76
	Other current liabilities	659.34
	Provisions, current	6.98
	Current tax liabilities (Net)	131.29
	Deferred government grants, Current
	Total current liabilities	6921.37
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	8504.64
	Total equity and liabilites	18456.61
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block
Textual Information(1)	i) The above cash flow statement has been prepared under the "Indirect Method" as set out in Ind AS 7 on 'Statement of Cash Flows'. ii) Margin money kept in fixed deposit and has been taken under cash and cash equivalent in the cash flow statement.

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		01-01-2024	01-04-2023
Date of end of reporting period		31-03-2024	31-03-2024
Whether accounts 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

Cash flow statement, indirect
Particulars		Year ended (dd-mm-yyyy)
A	Date of start of reporting period	01-04-2023
B	Date of end of reporting period	31-03-2024
C	Whether results are audited or unaudited	Audited
D	Nature of report standalone or consolidated	Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax	786.527
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs	648.37
	Adjustments for decrease (increase) in inventories	-1246.491
	Adjustments for decrease (increase) in trade receivables, current	287.305
	Adjustments for decrease (increase) in trade receivables, non-current	0
	Adjustments for decrease (increase) in other current assets	-105.001
	Adjustments for decrease (increase) in other non-current assets	0
	Adjustments for other financial assets, non-current	0
	Adjustments for other financial assets, current	0
	Adjustments for other bank balances	0
	Adjustments for increase (decrease) in trade payables, current	16.778
	Adjustments for increase (decrease) in trade payables, non-current	0
	Adjustments for increase (decrease) in other current liabilities	222.333
	Adjustments for increase (decrease) in other non-current liabilities	361.311
	Adjustments for depreciation and amortisation expense	219.603
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss	0
	Adjustments for provisions, current	7.176
	Adjustments for provisions, non-current	0
	Adjustments for other financial liabilities, current	0
	Adjustments for other financial liabilities, non-current	0
	Adjustments for unrealised foreign exchange losses gains	78.153
	Adjustments for dividend income	0
	Adjustments for interest income	146.741
	Adjustments for share-based payments	0
	Adjustments for fair value losses (gains)	0
	Adjustments for undistributed profits of associates	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 for reconcile profit (loss)	342.796
	Net cash flows from (used in) operations	1129.323
	Dividends received	0
	Interest paid	0
	Interest received	0
	Income taxes paid (refund)	117.942
	Other inflows (outflows) of cash	0
	Net cash flows from (used in) operating activities	1011.381
	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	683.486
	Proceeds from sales of investment property	0
	Purchase of investment property	0
	Proceeds from sales of intangible assets	0
	Purchase of intangible assets	0
	Proceeds from sales of intangible assets under development	0
	Purchase of intangible assets under development	0
	Proceeds from sales of goodwill	0
	Purchase of goodwill	0
	Proceeds from biological assets other than bearer plants	0
	Purchase of biological assets other than bearer plants	0
	Proceeds from government grants	0
	Proceeds from sales of other long-term assets	0
	Purchase of other long-term assets	0
	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	146.741
	Income taxes paid (refund)	0
	Other inflows (outflows) of cash	371.25
	Net cash flows from (used in) investing activities	-165.495
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries	0
	Payments from changes in ownership interests in subsidiaries	0
	Proceeds from issuing shares	0
	Proceeds from issuing other equity instruments	0
	Payments to acquire or redeem entity's shares	0
	Payments of other equity instruments	0
	Proceeds from exercise of stock options	0
	Proceeds from issuing debentures notes bonds etc	0
	Proceeds from borrowings	0
	Repayments of borrowings	113.682
	Payments of finance lease liabilities	0
	Payments of lease liabilities	0
	Dividends paid	0
	Interest paid	648.373
	Income taxes paid (refund)	0
	Other inflows (outflows) of cash	0
	Net cash flows from (used in) financing activities	-762.055
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes	83.831
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents	-78.153
	Net increase (decrease) in cash and cash equivalents	5.678
	Cash and cash equivalents cash flow statement at beginning of period	111.295
	Cash and cash equivalents cash flow statement at end of period	116.973