Page 245 - Hitachi IR 2025

3 PROPERTY, PLANT AND EQUIPMENT AND RIGHT-OF-USE (ROU) ASSETS
All amount in Indian Rupees in Crores, except as stated otherwise
Property, plant and equipment (Owned Assets) ROU Assets
Leasehold
improvements
Factory
buildings
Other
buildings
Plant and
equipment
Office
equipment
Furniture
and
fixtures
Vehicles Total
Owned
Assets
Leasehold
land
Office
buildings
Vehicles Total ROU
Assets
As at April 01, 2023 13.71 17.02 141.29 40.08 739.52 9.82 19.83 0.92 982.19 9.53 71.00 17.51 98.04
As at March 31, 2024 13.71 17.73 141.92 43.73 778.01 11.24 22.42 2.39 1,031.15 9.53 70.03 22.31 101.87
Gross carrying value
Additions - 0.82 0.66 3.73 42.67 1.50 2.80 1.47 53.65 - 10.58 8.83 19.41
Additions - 1.71 0.10 2.15 63.91 1.72 2.78 1.04 73.41 - 33.76 6.75 40.51
Disposals - (0.11) (0.03) (0.08) (4.18) (0.08) (0.21) - (4.69) - (11.55) (4.03) (15.58)
Disposals - - - - (6.95) (0.04) (0.69) - (7.68) - (13.38) (2.96) (16.34)
As at March 31, 2025 13.71 19.44 142.02 45.88 834.97 12.92 24.51 3.43 1,096.88 9.53 90.41 26.10 126.04
Freehold
land
Accumulated depreciation
Depreciation charge for
the year
Depreciation charge for
the year
- 2.83 6.52 1.83 58.30 1.56 2.21 0.28 73.53 0.09 11.37 4.54 16.00
- 1.01 6.51 1.59 61.18 1.37 2.19 0.56 74.41 0.10 10.65 5.71 16.46
Net carrying value as at
March 31, 2024
13.71 9.57 108.91 30.88 414.27 3.93 12.97 1.83 596.07 8.34 44.75 13.39 66.48
Net carrying value as at
March 31, 2025
13.71 10.27 102.50 31.44 415.55 4.28 13.52 2.31 593.58 8.24 67.76 14.12 90.12
As at April 01, 2023 - 5.44 26.51 11.10 308.87 5.83 7.41 0.28 365.44 1.10 25.42 7.82 34.34
Disposals - (0.11) (0.02) (0.08) (3.43) (0.08) (0.17) - (3.89) - (11.51) (3.44) (14.95)
As at March 31, 2024 - 8.16 33.01 12.85 363.74 7.31 9.45 0.56 435.08 1.19 25.28 8.92 35.39
Disposals - - - - (5.50) (0.04) (0.65) - (6.19) - (13.28) (2.65) (15.93)
As at March 31, 2025 - 9.17 39.52 14.44 419.42 8.64 10.99 1.12 503.30 1.29 22.65 11.98 35.92
Notes:
i) ii) There are no property, plant and equipment given on operating lease.
The title deeds of all the immovable properties are held in the name of the Company except as disclosed below:
Relevant line
item in the
Balance Sheet
Description
of Item of
Property
Gross
Carrying
Value
Net
Carrying
Value
Title deeds
held in the
name of
Whether title
deed holder is a
promoter, director
or relative of
promoter/ director/
employee of
promoter/ director
Property
held since
which date
(refer note
16(g))
Reason for not
being held in
the name of
the Company
Property,
plant and
equipment
Freehold land
and Buildings
attached
therewith,
Maneja
109.05 71.66 ABB India
Limited
No 2019 Refer note
below
Property,
plant and
equipment
Freehold land
and Buildings
attached
therewith,
Halol
11.57 8.10 ABB India
Limited
No 2019 Refer note
below
Note:
Pursuant to the Scheme of arrangement, as detailed in note 16(g), the asset was transferred to the Company from ABB India
Limited. As at March 31, 2025, the Company is in process of getting the registered name transferred to the Company and the title
deeds of aforementioned properties are not disputed.
Integrated Annual Report 2024-25
243