Integrated Filing — IndAS



General information about company

Scrip Code 530017
NSE Symbol SIL
MSEI Symbol NOTLISTED
ISIN INE173A01025
Name of company STANDARD INDUSTRIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 03-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 03-11-2025   12:30:00
End date and time of board meeting 03-11-2025   13:10:00
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 01-08-2025
Indicate Company website link for updated RPT policy of the Company http://www.standardindustries.co
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 debt securities was issued or any default on loans was made by the Company



Financial Results Ind-AS

Amount in (Lakhs)

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 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 610.53 1,407.37
Other income (240.69) 46.37
Total income 369.84 1,453.74
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 576.67 1,339.32
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 55.26 116.65
(e) Finance costs 77.84 143.93
(f) Depreciation, depletion and amortisation expense 63.72 125.83
(f) Other Expenses
1 Charges for Corporate Office service and facilities 32.67 65.34
2 Consulting fees 20.85 57.65
3 Legal and Professional fees 26.25 34.50
4 Portfolio Management Expenses 17.42 25.85
5 Repairs to Buildings, machinery and others 11.67 26.88
6 Security charges 25.09 50.19
7 Temporary manpower 20.28 36.51
8 Travelling and conveyance expenses 1.76 22.84
9 Vehicle expenses 22.59 33.24
10 Other miscellaneous expenses 84.05 144.87
Total other expenses 262.63 497.87
Total expenses 1,036.12 2,223.60
3 Total profit before exceptional items and tax (666.28) (769.86)
4 Exceptional items 0.00 0.00
5 Total profit before tax (666.28) (769.86)
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 0.00 0.00
9 Total tax expenses 0.00 0.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (666.28) (769.86)
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (666.28) (769.86)
17 Other comprehensive income net of taxes 1,954.43 1,954.43
18 Total Comprehensive Income for the period 1,288.15 1,184.57
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 3,216.45 3,216.45
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -1.04 -1.2
Diluted earnings (loss) per share from continuing operations -1.04 -1.2
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 -1.04 -1.2
Diluted earnings (loss) per share from continuing and discontinued operations -1.04 -1.2
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) EPS is not annualised for the quarter and six months ended September 30, 2025, quarter ended June 30, 2025 and quarter and six months ended September 30, 2024 Notes to Standalone unaudited Results for the quarter and six months ended September 30, 2025 1 The above results have been reviewed by the Audit Committee and are approved by the Board of Directors of the Company at their meeting held on November 3, 2025 The statutory Auditors of the Company have expressed unqualified opinion on these Financial Results 2 The above financial results have been prepared in accordance with the Indian Accounting Standards (referred to as Ind AS) as prescribed under section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules as amended from time to time 3 The Company has an investment of Rs 5969.82 lakhs in its wholly owned subsidiary ie Standard Salt Works Limited In view of the long-term strategic nature of the investment in leasehold rights to salt pans and the growth prospects of the subsidiary which is engaged in the manufacture of salt from the significant leased salt pans that it is holding, no provision for diminution in the value of the investment is considered necessary at this stage 4 The Company was holding 14,47,714 no. of equity shares in Duville Estates Pvt Ltd. During the period under review, the Company sold 9,04,845 no. of equity shares out of the Company's total holding at a fair value price of Rs.212 per equity share as determined by Bhakti Shah Associates, Chartered Accountant and Registered Valuer of the shares of Duville Estates Pvt Ltd. Profit on Sale of 9,04,845 no. of equity shares sold and balance holding of 5,42,869 no. of equity shares at a fair value price both aggregating Rs 1954.43 Lakhs is included in Other Comprehensive Income. 5 The code of Social Security, 2020 Code relating to employee benefits during employment and post employment benefits has been notified in the Official Gazatte on 29th September, 2020. The draft rules have been released on November 13, 2020 and suggestions invited from stakeholders are under consideration by the Ministry. The impact of the change will be reassessed and accounted in the period in which said rules are notified for implementation 6 The Company has created an email ID viz standardgrievances@rediffmail.com exclusively for the purpose of registering complaints by investors. 7 Corresponding figures for the previous year/period have been regrouped/rearranged wherever necessary.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 496.94
Capital work-in-progress 0.00
Investment property 1,633.16
Goodwill 0.00
Other intangible assets 2.82
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 8,003.94
Trade receivables, non-current 0.00
Loans, non-current 201.34
Other non-current financial assets 2,116.02
Total non-current financial assets 10,321.30
Deferred tax assets (net) 0.00
Other non-current assets 551.12
Total non-current assets 13,005.34
2 Current assets
Inventories 0.00
Current financial asset
Current investments 3,776.54
Trade receivables, current 4,229.40
Cash and cash equivalents 322.98
Bank balance other than cash and cash equivalents 52.75
Loans, current 0.00
Other current financial assets 100.62
Total current financial assets 8,482.29
Current tax assets (net) 0.00
Other current assets 1,013.94
Total current assets 9,496.23
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 22,501.57
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 3,216.45
Other equity 14,889.30
Total equity attributable to owners of parent 18,105.75
Non controlling interest
Total equity 18,105.75
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 0.00
Total non-current financial liabilities 0.00
Provisions, non-current 619.08
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities 0.00
Total non-current liabilities 619.08
Current liabilities
Current financial liabilities
Borrowings, current 0.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 627.95
Total Trade payable 627.95
Other current financial liabilities 2,994.25
Total current financial liabilities 3,622.20
Other current liabilities 102.67
Provisions, current 51.87
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 3,776.74
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 4,395.82
Total equity and liabilites 22,501.57
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

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 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Property Division 0.00 0.00
2 Trading Division 0.0061053 1,407.37
Total Segment Revenue 610.53 1,407.37
Less: Inter segment revenue 0.00 0.00
Revenue from operations 610.53 1,407.37
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Property Division (42.61) (83.99)
2 Trading Division 32.75 65.06
Total Profit before tax (9.86) (18.93)
i. Finance cost 77.84 143.93
ii. Other Unallocable Expenditure net off Unallocable income 578.58 607.00
Profit before tax (666.28) (769.86)
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Property Division 6,730.65 6,730.65
2 Trading Division 570.13 570.13
Total Segment Asset 7,300.78 7,300.78
Un-allocable Assets 15,200.79 15,200.79
Net Segment Asset 22,501.57 22,501.57
4 Segment Liabilities
Segment Liabilities
1 Property Division 252.02 252.02
2 Trading Division 515.32 515.32
Total Segment Liabilities 767.34 767.34
Un-allocable Liabilities 3,628.48 3,628.48
Net Segment Liabilities 4,395.82 4,395.82
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) The property division comprises of assets which are in excess of business needs, which the Company would liquidate based on the market conditions.



Other Comprehensive Income

Amount in (Lakhs)

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 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
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
1 Equity Instruments through other comprehensive income 1,954.43 1,954.43
Total Amount of items that will not be reclassified to profit and loss 1,954.43 1,954.43
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
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 0.00 0.00
5 Total Other comprehensive income 1,954.43 1,954.43



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax (769.86)
Adjustments for reconcile profit (loss)
Adjustments for finance costs 143.93
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current (100.68)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (41.78)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 2,425.04
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 125.83
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 22.32
Adjustments for interest income 14.39
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 88.16
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) (53.25)
Other adjustments for non-cash items 0.14
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 2,550.68
Net cash flows from (used in) operations 1,780.82
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 11.32
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 1,769.50
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 1.40
Purchase of property, plant and equipment 244.37
Proceeds from sales of investment property 2,456.07
Purchase of investment property 1,438.56
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 22.32
Interest received 12.27
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (938.05)
Net cash flows from (used in) investing activities (128.92)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 1,224.95
Payments of lease liabilities 49.39
Dividends paid 0.95
Interest paid 145.99
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (1,421.28)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 219.30
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 219.30
Cash and cash equivalents cash flow statement at beginning of period 103.68
Cash and cash equivalents cash flow statement at end of period 322.98





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
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 R.S. Gokani & Co., Chartered Accountants Yes 30-04-2026


Amount in (Lakhs)

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 Standard Industries Limited Shanudeep Private Limited Promoter Purchase of goods or services 683.64 NA 126.73 0.00 0.00
2 Standard Industries Limited Mafatlal Enterprises Limited Wholly Owned Subsidiary Advance 0.00 NA 0.27 2.28 2.55 Advance 0 NA Unsecured Business / General Corporate Purpose
3 Standard Industries Limited Pradeep Rasesh Mafatlal Promoter Any other transaction Directors sitting fees 0.00 NA 0.60 0.00 0.00
4 Standard Industries Limited Divya Pradeep Mafatlal Immediate relative of Promoter Any other transaction Directors sitting fees 0.00 NA 0.60 0.00 0.00
5 Standard Industries Limited Rajanya Pradeep Mafatlal Immediate relative of Promoter Any other transaction Directors sitting fees 0.00 NA 0.40 0.00 0.00
Total value of transaction during the reporting period 128.60