Integrated Filing — IndAS



General information about company

Scrip Code 526642
NSE Symbol MIRZAINT
MSEI Symbol NOTLISTED
ISIN INE771A01026
Name of company MIRZA INTERNATIONAL 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 08-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 03-11-2025
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 Consolidated
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 08-11-2025   12:30:00
End date and time of board meeting 08-11-2025   14:00:00
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 Not applicable



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 Consolidated Consolidated
1 Income
Revenue from operations 16,435.94 30,646.49
Other income 57.81 104.83
Total income 16,493.75 30,751.32
2 Expenses
(a) Cost of materials consumed 6,565.27 12,370.14
(b) Purchases of stock-in-trade 2,713.60 4,945.79
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 815.60 541.87
(d) Employee benefit expense 2,189.13 4,150.52
(e) Finance costs 227.35 456.81
(f) Depreciation, depletion and amortisation expense 790.62 1,587.96
(f) Other Expenses
1 other expenses 2,884.38 6,101.15
Total other expenses 2,884.38 6,101.15
Total expenses 16,185.95 30,154.24
3 Total profit before exceptional items and tax 307.80 597.08
4 Exceptional items 0.00 1,861.44
5 Total profit before tax 307.80 2,458.52
6 Tax expense
7 Current tax 88.00 465.00
8 Deferred tax 4.92 (2.20)
9 Total tax expenses 92.92 462.80
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 214.88 1,995.72
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 214.88 1,995.72
17 Other comprehensive income net of taxes 13.44 (520.48)
18 Total Comprehensive Income for the period 228.32 1,475.24
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 2,764.04 2,764.04
Face value of equity share capital 2 2
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 0.16 1.44
Diluted earnings (loss) per share from continuing operations 0.16 1.44
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 0.16 1.44
Diluted earnings (loss) per share from continuing and discontinued operations 0.16 1.44
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) 1. The above Standalone and Consolidated Ind AS Financial Results for quarter and half-year ended September 30, 2025, were reviewed by Audit Committee and subsequently approved by the Board of Directors at their meeting held today. The Statutory auditors have conducted a limited review of the above unaudited financial results and have expressed an unmodified report on the same. 2. The above Consolidated Financial Results of Mirza International Limited (The Company) and its Wholly Owned Subsidiaries (WOS) RTS Fashion Limited., Genesis Brands Private Limited and Genesis Brands Inc. USA, are drawn in terms of Regulation 33 of SEBI (LODR) Regulations, 2015. 3. The statement have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind As) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. 4.The format of above Financial Results were prepeared in accordance with SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 as amended read with circular no. CIR/CFD/CMD1/44/2019 dated March 29, 2019. 5. Company has already adopted Ind AS 116 in respect of its lease assets In order to align with the Ind AS 116, Company preferred to recognise all its lease hold assets as per Ind AS 116 . Due to adoption of Ind AS 116, rent expenses is reduced by Rs. 19.38 Lacs , whereas depreciation & finance cost is up by Rs. 19.08 Lacs & Rs.18.02 Lacs respactibily & the company has reassessed the Asset/Liabilities under Ind AS 116 “Leases”, resulting into increase in profit before tax of Rs. 17.72 Lacs for the period ended on 30.09.2025. 6. Company has already adopted Ind AS 116 in respect of its lease assets. In order to align with the Ind AS 116, Company preferred to recognise all its lease hold assets as per Ind AS 116 . Due to adoption of Ind AS 116, rent expenses is reduced by Rs. 9.69 Lacs , whereas depreciation & finance cost is up by Rs. 9.54 Lacs & Rs. 9.01 Lacs respactibily, & the company has reassessed the Asset/Liabilities under Ind AS 116 “Leases”, resulting into Increase in profit before tax of Rs. 8.86 Lacs for the quarter ended on 30.09.2025 7. The Board of Directors in its meeting held on May 24, 2025 has approved the Scheme of Amalgamation of RTS Fashion Limited (the Transferor Company) with Mirza Internatinal Limited ( the Transferee Company). Subject to necessary approvals. The Transferor Company - RTS Fashion Limited is a foreign company having its registered office in Dubai, the United Arab Emirates. Since the Transferor Company, no new share will be issued pursuant to the Scheme of Amalgamation. the Company has already fielt the requisite Application. The Company has already filed the law Tribunal, Allahabad Bench, Prayagraj for necessary direction and order. 8. Figures for the previous period/year have been regrouped/rearranged, whereever necessary to make them comparable with current period figures.



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 Consolidated
Assets
1 Non-current assets
Property, plant and equipment 36,755.00
Capital work-in-progress 242.00
Investment property
Goodwill 546.00
Other intangible assets 0.00
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 897.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets 2,848.00
Total non-current financial assets 3,745.00
Deferred tax assets (net) 85.00
Other non-current assets 223.00
Total non-current assets 41,596.00
2 Current assets
Inventories 14,579.00
Current financial asset
Current investments 0.00
Trade receivables, current 12,281.00
Cash and cash equivalents 1,214.00
Bank balance other than cash and cash equivalents 0.00
Loans, current 0.00
Other current financial assets 0.00
Total current financial assets 13,495.00
Current tax assets (net) 0.00
Other current assets 5,346.00
Total current assets 33,420.00
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 75,016.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,764.00
Other equity 54,911.00
Total equity attributable to owners of parent 57,675.00
Non controlling interest
Total equity 57,675.00
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
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total non-current financial liabilities 0.00
Provisions, non-current 1,074.00
Deferred tax liabilities (net) 2,132.00
Deferred government grants, Non-current 0.00
Other non-current liabilities 580.00
Total non-current liabilities 3,786.00
Current liabilities
Current financial liabilities
Borrowings, current 2,278.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 3,114.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 4,673.00
Total Trade payable 7,787.00
Other current financial liabilities 2,293.00
Total current financial liabilities 12,358.00
Other current liabilities 1,097.00
Provisions, current 100.00
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 13,555.00
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 17,341.00
Total equity and liabilites 75,016.00
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 Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Footwear- Domestic & Export 14,865.87 27,000.48
2 Tannery- Domestic & Export 2,182.70 6,780.08
3 Unallocated 0.0003995 1,930.80
Total Segment Revenue 17,088.52 35,711.36
Less: Inter segment revenue 594.77 3,098.59
Revenue from operations 16,493.75 32,612.77
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Footwear- Domestic & Export 1,072.59 1,773.54
2 Tannery- Domestic & Export (389.01) (349.59)
3 Unallocated 39.95 1,930.80
Total Profit before tax 723.53 3,354.75
i. Finance cost 218.44 426.50
ii. Other Unallocable Expenditure net off Unallocable income 197.29 469.73
Profit before tax 307.80 2,458.52
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Footwear- Domestic & Export 57,304.32 57,304.32
2 Tannery- Domestic & Export 12,794.56 12,794.56
3 Unallocated 4,917.53 4,917.53
Total Segment Asset 75,016.41 75,016.41
Un-allocable Assets 0.00 0.00
Net Segment Asset 75,016.41 75,016.41
4 Segment Liabilities
Segment Liabilities
1 Footwear- Domestic & Export 12,238.29 12,238.29
2 Tannery- Domestic & Export 3,560.37 3,560.37
3 Unallocated 1,542.88 1,542.88
Total Segment Liabilities 17,341.54 17,341.54
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 17,341.54 17,341.54
Disclosure of notes on segments



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 Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss (47.04) (146.32)
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 33.60 666.80
5 Total Other comprehensive income 13.44 (520.48)



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 Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 2,458.52
Adjustments for reconcile profit (loss)
Adjustments for finance costs 457.00
Adjustments for decrease (increase) in inventories 1,541.00
Adjustments for decrease (increase) in trade receivables, current (5,603.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 2,313.00
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 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 928.00
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 1,588.00
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 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
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) (1,897.00)
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (673.00)
Net cash flows from (used in) operations 1,785.52
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 607.00
Other inflows (outflows) of cash (13.00)
Net cash flows from (used in) operating activities 1,165.52
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 2,449.00
Purchase of property, plant and equipment 801.00
Proceeds from sales of investment property 0.00
Purchase of investment property 43.00
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 13.00
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 0.00
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (577.00)
Net cash flows from (used in) investing activities 1,041.00
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 2,499.00
Payments of lease liabilities 19.00
Dividends paid 0.00
Interest paid 457.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (2,975.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (768.48)
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 (768.48)
Cash and cash equivalents cash flow statement at beginning of period 1,983.00
Cash and cash equivalents cash flow statement at end of period 1,214.52