Integrated Filing — IndAS



General information about company
Scrip Code 504058
NSE Symbol NIPPOBATRY
MSEI Symbol NOTLISTED
ISIN INE567A01028
Name of company Indo-National Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 20-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Consumer Goods
Start date and time of board meeting 20-May-2025   16:30:00
End date and time of board meeting 20-May-2025   17:15:00
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
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-04-16
Indicate Company website link for updated RPT policy of the Company https://www.nippo.in/investor
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
NO DEFAULT IN LOANS



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-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
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 971077000 4579712000
Other income 24613000 86538000
Total income 995690000 4666250000
2 Expenses
(a) Cost of materials consumed 329783000 1615536000
(b) Purchases of stock-in-trade 326024000 1305934000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -46623000 -28845000
(d) Employee benefit expense 178028000 752526000
(e) Finance costs 2219000 11014000
(f) Depreciation, depletion and amortisation expense 29367000 114649000
(f) Other Expenses
1 other expenses 196994000 884797000
Total other expenses 196994000 884797000
Total expenses 1015792000 4655611000
3 Total profit before exceptional items and tax -20102000 10639000
4 Exceptional items 0 0
5 Total profit before tax -20102000 10639000
6 Tax expense
7 Current tax 6250000 6450000
8 Deferred tax -50000 -5950000
9 Total tax expenses 6200000 500000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations -26302000 10139000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period -26302000 10139000
17 Other comprehensive income net of taxes 7050000 4650000
18 Total Comprehensive Income for the period -19252000 14789000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 37500000 37500000
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve 2223420000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -3.51 1.35
Diluted earnings (loss) per share from continuing operations -3.51 1.35
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 -3.51 1.35
Diluted earnings (loss) per share from continuing and discontinued operations -3.51 1.35
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) The Board of directors of Indo National Limited at its meeting held on 15 July 2024 had approved the proposal for amalgamation of Helios Strategic Systems ltd wholly owned subsidiary into lndo National Limited under Sections 230 to 234 of the Companies Act, 2013 and other provisions of the Companies Act 2013. Accordingly an application was made to the Honorable NCLT Chennai Bench . The company has received an order dated 29 April 2025 from NCLT Division Bench Chennai allowing this application and providing directions to be followed by the companies .The amalgamation Order is subject to requisite statutory and regulatory approvals.



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 1410839000
Capital work-in-progress 12862000
Investment property 0
Goodwill 0
Other intangible assets 98338000
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 1664353000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 5437000
Total non-current financial assets 1669790000
Deferred tax assets (net) 0
Other non-current assets 0
Total non-current assets 3191829000
2 Current assets
Inventories 695655000
Current financial asset
Current investments 0
Trade receivables, current 482114000
Cash and cash equivalents 2907000
Bank balance other than cash and cash equivalents 2186000
Loans, current 0
Other current financial assets 227704000
Total current financial assets 714911000
Current tax assets (net) 56330000
Other current assets 216032000
Total current assets 1682928000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 4874757000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 37500000
Other equity 2223420000
Total equity attributable to owners of parent 2260920000
Non controlling interest
Total equity 2260920000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 0
Total non-current financial liabilities 0
Provisions, non-current 121079000
Deferred tax liabilities (net) 148579000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 269658000
Current liabilities
Current financial liabilities
Borrowings, current 1872572000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 27244000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 253453000
Total Trade payable 280697000
Other current financial liabilities 2671000
Total current financial liabilities 2155940000
Other current liabilities 139659000
Provisions, current 48580000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 2344179000
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 2613837000
Total equity and liabilites 4874757000
Disclosure of notes on assets and liabilities



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-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
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 null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
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-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
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
1 Items not be reclassified to profit or loss in subsequent period 7050000 4650000
Total Amount of items that will not be reclassified to profit and loss 7050000 4650000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
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 7050000 4650000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
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 10639000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories -119453000
Adjustments for decrease (increase) in trade receivables, current -47644000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current -289046000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 8043000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -179739000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 114649000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
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 0
Adjustments for dividend income 0
Adjustments for interest income 0
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) -513190000
Net cash flows from (used in) operations -502551000
Dividends received 0
Interest paid -6835000
Interest received -18874000
Income taxes paid (refund) 17086000
Other inflows (outflows) of cash 57000
Net cash flows from (used in) operating activities -531619000
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 4081000
Purchase of property, plant and equipment 330436000
Proceeds from sales of investment property 80000000
Purchase of investment property 961258000
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 24420000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 53500000
Net cash flows from (used in) investing activities -1129693000
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 1872572000
Repayments of borrowings 170000000
Payments of lease liabilities 0
Dividends paid 37500000
Interest paid 6835000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 1658237000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -3075000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -3075000
Cash and cash equivalents cash flow statement at beginning of period 5982000
Cash and cash equivalents cash flow statement at end of period 2907000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 G BALU ASSOCIATES LLP Yes 30-Jun-2028


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Indo National Ltd Apex Agencies Enterprise with significant Influence Sale of goods or services 1500000000 NA 353000000 122496000 27718000
2 Indo National Ltd Apex Agencies Enterprise with significant Influence Purchase of goods or services 1500000000 NA 16266000 0 0
3 Indo National Ltd Apex Agencies Enterprise with significant Influence Sale of goods or services 1500000000 NA 15429000 0 0
4 Indo National Ltd Associated Electrical Agencies Enterprise with significant Influence Sale of goods or services 1500000000 NA 378944000 111198000 50394000
5 Indo National Ltd Associated Electrical Agencies Enterprise with significant Influence Purchase of goods or services 1500000000 NA 18642000 0 0
6 Indo National Ltd Associated Electrical Agencies Enterprise with significant Influence Sale of goods or services 1500000000 NA 14076000 0 0
7 Indo National Ltd Radhiohms properties pvt ltd Enterprise with significant Influence Purchase of goods or services 100000000 NA 79000 0 0
8 Indo National Ltd Kalpataru Enterprises PVT Ltd Enterprise with significant Influence Purchase of goods or services 100000000 NA 6791000 0 0
9 Indo National Ltd Radhiohms Agencies Enterprise with significant Influence Sale of goods or services 650000000 NA 0 45187000 43953000
10 Indo National Ltd RAL Consumer Products Limited Enterprise with significant Influence Sale of goods or services 650000000 NA 0 47603000 37271000
11 Indo National Ltd P.Dwaraknath Reddy Director Remuneration NA 5952000 0 0
12 Indo National Ltd R.P.Khaitan Director Remuneration NA 3065000 0 0
13 Indo National Ltd P.Aditya Reddy Director Remuneration NA 11143000 0 0
14 Indo National Ltd Helios Strategic Systems Limited Enterprise with significant Influence Loan 2200000000 NA 307300000 2016000000 1708700000 Loan 0 3 Loan 0 3 Unsecured General Business Purpose
15 Indo National Ltd Nippo Green Energy Private Limited Enterprise with significant Influence Loan -2250000000 NA 0 -2250000000 0 Loan 0 3 Loan 0 3 Unsecured General Business Purpose
16 Indo National Ltd DWARAKNATH REDDY Promoters Dividend paid NA 16537000 0 0
17 Indo National Ltd RADIOHMS AGENCIES Promoters Dividend paid NA 1662000 0 0
18 Indo National Ltd SINDOORI REDDY Promoters Dividend paid NA 1350000 0 0
19 Indo National Ltd SARLA DEVI KHAITAN Promoters Dividend paid NA 830000 0 0
20 Indo National Ltd RAJENDRA PRASAD KHAITAN Promoters Dividend paid NA 690000 0 0
21 Indo National Ltd SUNEETA REDDY Promoters Dividend paid NA 596000 0 0
22 Indo National Ltd SARLA DEVI KHAITAN Promoters Dividend paid NA 111000 0 0
23 Indo National Ltd P SINDOORI REDDY Promoters Dividend paid NA 110000 0 0
24 Indo National Ltd ANJU GANERIWAL Promoters Dividend paid NA 27000 0 0
Total value of transaction during the reporting period 1152600000