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 Consolidated
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 Multi segment
Description of single segment
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



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 Consolidated Consolidated
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 4674650000
Other income 31988000 1899736000
Total income 1003065000 6574386000
2 Expenses
(a) Cost of materials consumed 329783000 1699832000
(b) Purchases of stock-in-trade 326024000 1305934000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -46624000 -91443000
(d) Employee benefit expense 180129000 806968000
(e) Finance costs 9588000 31784000
(f) Depreciation, depletion and amortisation expense 29367000 132381000
(f) Other Expenses
1 Other Expenses 201188000 1176022000
Total other expenses 201188000 1176022000
Total expenses 1029455000 5061478000
3 Total profit before exceptional items and tax -26390000 1512908000
4 Exceptional items 0 0
5 Total profit before tax -26390000 1512908000
6 Tax expense
7 Current tax -27159000 324839000
8 Deferred tax -50000 -31392000
9 Total tax expenses -27209000 293447000
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 819000 1219461000
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 819000 1219461000
17 Other comprehensive income net of taxes 7050000 4201000
18 Total Comprehensive Income for the period 7869000 1223662000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 819000 1237626000
Total profit or loss, attributable to non-controlling interests 0 -18165000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 7869000 1242160000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0 -18498000
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 4989259000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.11 165.02
Diluted earnings (loss) per share from continuing operations 0.11 165.02
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 0.11 165.02
Diluted earnings (loss) per share from continuing and discontinued operations 0.11 165.02
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 Consolidated
Assets
1 Non-current assets
Property, plant and equipment 2070678000
Capital work-in-progress 43871000
Investment property 0
Goodwill 0
Other intangible assets 161590000
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 961392000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 7729000
Total non-current financial assets 969121000
Deferred tax assets (net) 362212000
Other non-current assets 3747000
Total non-current assets 3611219000
2 Current assets
Inventories 1171991000
Current financial asset
Current investments 0
Trade receivables, current 895376000
Cash and cash equivalents 68830000
Bank balance other than cash and cash equivalents 416123000
Loans, current 0
Other current financial assets 278556000
Total current financial assets 1658885000
Current tax assets (net) 56330000
Other current assets 716363000
Total current assets 3603569000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 7214788000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 37500000
Other equity 4344179000
Total equity attributable to owners of parent 4381679000
Non controlling interest 327454000
Total equity 4709133000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 229776000
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 7827000
Total non-current financial liabilities 237603000
Provisions, non-current 139865000
Deferred tax liabilities (net) 131222000
Deferred government grants, Non-current 0
Other non-current liabilities 116141000
Total non-current liabilities 624831000
Current liabilities
Current financial liabilities
Borrowings, current 301548000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 28997000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 616406000
Total Trade payable 645403000
Other current financial liabilities 4784000
Total current financial liabilities 951735000
Other current liabilities 509895000
Provisions, current 419194000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 1880824000
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 2505655000
Total equity and liabilites 7214788000
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 Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 consumer goods 971077000 4579712000
2 composites & aero space 0 94938000
3 other segment -7370000 1256000
Total Segment Revenue 963707000 4675906000
Less: Inter segment revenue -7370000 -7370000
Revenue from operations 971077000 4674650000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 consumer goods -17883000 21653000
2 composites & aero space 0 -42600000
3 other segment 1081000 1565639000
Total Profit before tax -16802000 1544692000
i. Finance cost 9588000 9588000
ii. Other Unallocable Expenditure net off Unallocable income 0 0
Profit before tax -26390000 1512908000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 consumer goods 2520478000 2520478000
2 composites & aero space 2607895000 2607895000
3 other segment 2086417000 2086417000
Total Segment Asset 7214790000 7214790000
Un-allocable Assets 0 0
Net Segment Asset 7214790000 7214790000
4 Segment Liabilities
Segment Liabilities
1 consumer goods 2520478000 2520478000
2 composites & aero space 2607895000 2607895000
3 other segment 2086417000 2086417000
Total Segment Liabilities 7214790000 7214790000
Un-allocable Liabilities 0 0
Net Segment Liabilities 7214790000 7214790000
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 Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Amount of items that will not be reclassified to profit and loss 7050000 4201000
Total Amount of items that will not be reclassified to profit and loss 7050000 4201000
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 4201000



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 Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1512908000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories -203819000
Adjustments for decrease (increase) in trade receivables, current 431212000
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 -352656000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -84828000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 132381000
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 231713000
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) 154003000
Net cash flows from (used in) operations 1666911000
Dividends received 0
Interest paid -31784000
Interest received 0
Income taxes paid (refund) 356515000
Other inflows (outflows) of cash -1899736000
Net cash flows from (used in) operating activities -557556000
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 416556000
Proceeds from sales of investment property 0
Purchase of investment property 1013030000
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 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 2230233000
Net cash flows from (used in) investing activities 804728000
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 869327000
Payments of lease liabilities -18000
Dividends paid 0
Interest paid 31784000
Income taxes paid (refund) 37500000
Other inflows (outflows) of cash 750806000
Net cash flows from (used in) financing activities -187787000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 59385000
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 59385000
Cash and cash equivalents cash flow statement at beginning of period 9445000
Cash and cash equivalents cash flow statement at end of period 68830000





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